The Rane ZF Trichy plant. The JV is now renamed ZF Rane Automotive India. Global technology company ZF has increased its equity shares to become the majority shareholder with 51 percent in the Rane TRW Steering Systems joint venture from the Rane Group. Till date, both partners held equal shares in the company, which employs… Continue reading ZF becomes majority stakeholder in Indian JV with Rane Group
Tag: Strategy
Top PE fund managers expect LP allocations to Asia to go up. Watch the full video here
Private equity fund managers expect limited partners to increase allocations to the Asia Pacific. “Asia is reaching, in terms of size, skill, depth, and maturity, a stage where it probably will attract more capital as it has more experienced managers, more exit avenues, and mature private markets to take such capital,” said Sunil Mishra, a… Continue reading Top PE fund managers expect LP allocations to Asia to go up. Watch the full video here
Fleet Management in Europe 2021 and the Role they Play in the €250 Billion Medium and Heavy Trucks Industry
DUBLIN, Dec. 29, 2021 /PRNewswire/ — The “Fleet Management in Europe 2021″ report has been added to ResearchAndMarkets.com’s offering. How will the market for fleet management systems for commercial vehicles in Europe evolve in 2022 and beyond? This strategy report covers the latest trends and developments in the dynamic commercial vehicle telematics industry. The publisher… Continue reading Fleet Management in Europe 2021 and the Role they Play in the €250 Billion Medium and Heavy Trucks Industry
MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network
SHENZHEN, China, Dec. 29, 2021 /PRNewswire/ — MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the “MingZhu” or “Company”), a leading trucking service provider, today announced that it entered into a Share Purchase Agreement (the “SPA”) on December 29, 2021 to acquire 100% of the equity interest of Cheyi (BVI) Limited (the “Cheyi BVI”) which operates its… Continue reading MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network
Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune
Bajaj Auto announces a new EV manufacturing unit for India and exports at Akurdi (Pune); vehicles to roll out by June 2022 New Delhi: Homegrown two and three-wheelers manufacturer Bajaj Auto on Wednesday announced an investment of INR 300 crore (USD 40 Mn) unit at Akurdi for manufacturing Electric Vehicles. This unit will have a… Continue reading Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune
NTPC plans to rope in strategic investor for its clean energy arm NREL
The plan also includes sale of its stake in NTPC-SAIL Power Company (NSPCL). State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy (NREL) ahead of its listing on bourses in October 2022, according to a senior official. The listing of NREL is part of the… Continue reading NTPC plans to rope in strategic investor for its clean energy arm NREL
Amara Raja eyes European EV market, to invest in battery maker InoBat
Automotive battery company Amara Raja Batteries has announced plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for E-mobility. The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to support the region’s determined… Continue reading Amara Raja eyes European EV market, to invest in battery maker InoBat
Waymo and Zeekr to collaborate on all-electric, fully autonomous ride-hailing vehicle
The new purpose-built mobility vehicle is being designed and developed at Zeekr’s R&D facility, CEVT (China Europe Vehicle Technology Centre) in Gothenburg, Sweden which has a proven track record in developing class leading vehicles for the wider Geely Holding Group. Under this collaboration, Zeekr will be designing and developing the future vehicle on a new… Continue reading Waymo and Zeekr to collaborate on all-electric, fully autonomous ride-hailing vehicle
SEAWORLD ENTERTAINMENT, INC. ANNOUNCES CHRIS FINAZZO TO JOIN AS CHIEF COMMERCIAL OFFICER (CCO)
“We are excited to have Chris join the leadership team,” said Marc Swanson, Chief Executive Officer of SeaWorld Entertainment, Inc. “Chris brings 17 years of consumer experience through a variety of leadership roles with major retail and food brands, consulting, and financial services firms. His experience and commercial skillset will be a great asset for… Continue reading SEAWORLD ENTERTAINMENT, INC. ANNOUNCES CHRIS FINAZZO TO JOIN AS CHIEF COMMERCIAL OFFICER (CCO)
SOFTSWISS Game Aggregator Takes Stock of 2021
GZIRA, Malta, Dec. 28, 2021 /PRNewswire/ — The SOFTSWISS Game Aggregator is pleased to share its preliminary results for 2021. The data presented reflects the results from January through December 2021. In comparison to 2020, all of the SOFTSWISS Game Aggregator financial results have more than doubled. Particularly noteworthy is the soaring Average Monthly GGR, which… Continue reading SOFTSWISS Game Aggregator Takes Stock of 2021