Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) To Acquire Stake in Libra Group Aviation Subsidiary, LCI

SMFL, one of the world’s premier financial institutions, to acquire 35% of LCI. Libra Group and SMFL plan to grow business by US$1.5 billion with significant capital investments. NEW YORK, March 29, 2023 /PRNewswire/ — Libra Group, a privately owned international business group whose subsidiaries own and operate assets in nearly 60 countries, announced today… Continue reading Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) To Acquire Stake in Libra Group Aviation Subsidiary, LCI

Supply Chain Security Market to Reach $6.3 Billion, Globally, by 2031 at 12.6% CAGR: Allied Market Research

The rise in complexity and globalization of supply chains, the growing demand for transparency and sustainability, a surge in supply chain attacks and ransoms, demands for better risk prediction and mitigation, rising number of IoT devices in the supply chain, and an excessive adoption of automation technology drive the global supply chain security market.  PORTLAND,… Continue reading Supply Chain Security Market to Reach $6.3 Billion, Globally, by 2031 at 12.6% CAGR: Allied Market Research

Distracted Driving: Deadly and Dangerous for All Road Users

Distracted driving kills an average of nearly nine people every day in the United States in completely preventable crashes; NSC urges all to #JustDrive WASHINGTON, March 30, 2023 /PRNewswire/ — Whether walking, biking, scooting or driving to work, school or the grocery store, people living in the United States are constantly on the move while… Continue reading Distracted Driving: Deadly and Dangerous for All Road Users

Direct Assurance adds Home Insurance Fraud Detection in Expansion of Relationship with Shift Technology

Incorporating new line of business follows five years of significant results in motor claims fraud detection for The AXA group’s subsidiary specializing in direct insurance  BOSTON and PARIS, March 30, 2023 /PRNewswire/ — Shift Technology, a provider of artificial intelligence-based decision automation and optimization solutions  for the insurance industry, and Direct Assurance, the  French leader in… Continue reading Direct Assurance adds Home Insurance Fraud Detection in Expansion of Relationship with Shift Technology

NVO Consolidation and NWS Shipping Enters Strategic Partnership with project44 to Improve Visibility on Global Ocean Shipments

VBE / MSA Group subsidiaries team up with project44 to increase data quality, improve customer service, optimize planning and reduce detention and demurrage costs  CHICAGO, March 30, 2023 /PRNewswire/ — project44, the leading supply chain visibility platform, today announced that project44 and VBE / MSA Group subsidiaries NVO Consolidation and NWS Shipping have entered into a… Continue reading NVO Consolidation and NWS Shipping Enters Strategic Partnership with project44 to Improve Visibility on Global Ocean Shipments

Kyte’s On-Demand Car Delivery Launches in Atlanta as Part of Continued Growth Strategy

This expansion furthers the brand’s mission to “unlock the freedom to go places” and brings  Kyte’s short-term delivered rentals and subscription solutions to its 15th U.S. market SAN FRANCISCO, March 30, 2023 /PRNewswire/ — Kyte, the company delivering cars to customers’ doorsteps for short or long-term use, today announced it is bringing its services to Atlanta,… Continue reading Kyte’s On-Demand Car Delivery Launches in Atlanta as Part of Continued Growth Strategy

Lanxess to expand Rhenodiv capacity at Jhagadia site with new production line

The business unit will serve the growing demand of the Indian tyre and rubber goods market. Specialty chemicals company Lanxess laid the foundation stone for its Business Unit Rhein Chemie’s new and upcoming production line for Rhenodiv – New Technology Release agents at its Jhagadia site. With this facility, the business unit will serve the… Continue reading Lanxess to expand Rhenodiv capacity at Jhagadia site with new production line

IITRDF, GIC Re sign MoU for development of Semi-Transparent Perovskite Solar Cells

IITRDF, GIC Re sign MoU for development of Semi-Transparent Perovskite Solar Cells. Roorkee: In its ongoing global climate protection efforts, the Indian Institute of Technology Roorkee (IIT Roorkee) has kick-started a new collaboration with Insurance giant General Insurance Corporation of India (GIC Re) on the development of energy-generating solar window technology. This is a Corporate… Continue reading IITRDF, GIC Re sign MoU for development of Semi-Transparent Perovskite Solar Cells

Sansera signs definitive agreement for strategic investment in MMRFIC Technology

Sansera, the Bengaluru-based precision engineered components maker, has entered into a definitive agreement to make a strategic investment in MMRFIC Technology, a Bengaluru-based Research, Design and Manufacturing firm.  As per the terms of the agreement, Sansera will invest Rs 200 million in MMRFIC, via 1,49,250 compulsory convertible preference shares of Rs 100 each, with a… Continue reading Sansera signs definitive agreement for strategic investment in MMRFIC Technology

Sansera signs definitive agreement for strategic investment in MMRFIC Technology

Sansera, the Bengaluru-based precision engineered components maker, has entered into a definitive agreement to make a strategic investment in MMRFIC Technology, a Bengaluru-based Research, Design and Manufacturing firm.  As per the terms of the agreement, Sansera will invest Rs 200 million in MMRFIC, via 1,49,250 compulsory convertible preference shares of Rs 100 each, with a… Continue reading Sansera signs definitive agreement for strategic investment in MMRFIC Technology