Tata Motors has announced opening of pre-bookings for its second electric passenger vehicle – the new Tigor EV – which will be officially launched on August 31. The electric sedan can be booked at select Tata dealerships at Rs 21,000 starting today. This is the new e-avatar of the sedan. The Tata Tigor EV first rolled… Continue reading Tata Motors opens pre-bookings for new Tigor EV ahead of August 31 launch
Tag: Strategy
China’s Baidu launches US dollar bond amid regulatory uncertainty at home
Chinese internet giant Baidu Inc is tapping debt markets with a two-tranche, U.S. dollar sustainability bond in a deal that could test global investor appetite for China tech assets as Beijing cranks up regulatory scrutiny. The search company on Wednesday launched a 5.5 year and 10-year U.S. dollar fixed rate senior unsecured sustainable notes transaction. It didn’t… Continue reading China’s Baidu launches US dollar bond amid regulatory uncertainty at home
LIC, EPFO may fund startups
NEW DELHI: As the government readies a strategy to bring investors and startups on a common platform, LIC and Employees’ Provident Fund Organisation (EPFO) are among those willing to fund startups. The platform is being readied by Sidbi, which already manages a fund for startups, with LIC and EPFO evincing interest during a meeting of… Continue reading LIC, EPFO may fund startups
@VW Group: Tradition on a New Course003684
The DKV Mobility Services Group combines a rich tradition with a future-oriented course. Founded more than 85 years ago, it has helped shape the European mobility sector in farsighted ways. Today it is Europe’s leading B2B mobility services provider, trusted by small enterprises and major trucking operations alike. Taxi companies, doctors’ offices, gardeners, and bakers—anyone… Continue reading @VW Group: Tradition on a New Course003684
BlackRock Real Assets buys stake in Korea’s Brite Energy, to inject $100m “over time” …
BlackRock Real Assets, the realty investment arm of global asset manager BlackRock, is set to acquire an equity stake in Korean solar development and investment company Brite Energy Partners (BEP), according to a press announcement on Wednesday. Financial details of the transaction were not disclosed. As part of the deal, BlackRock Real Assets will provide… Continue reading BlackRock Real Assets buys stake in Korea’s Brite Energy, to inject $100m “over time” …
Intel is giving up on its AI-powered RealSense cameras
Intel is pouring more and more of its energy into its mainstay chip business, and that now means leaving some of its less essential work by the wayside. The company told CRN in a statement that it was “winding down” RealSense and transferring the talent and computer vision tech to efforts that “better support” its… Continue reading Intel is giving up on its AI-powered RealSense cameras
Creative Bus Sales Acquires Alliance Bus Group
CHINO, Calif., Aug. 17, 2021 /PRNewswire/ — Creative Bus Sales, already the nation’s largest bus dealership network with 16 locations across the United States, today announced the acquisition of Alliance Bus Group, the second-largest bus dealership with locations in Georgia, Florida, Texas, Louisiana, New Jersey, Mississippi, and New Hampshire. With this acquisition, Creative Bus Sales… Continue reading Creative Bus Sales Acquires Alliance Bus Group
Sustainable BusinessGM workers’ historic vote in Mexico tests new trade dealAugust 17, 2021
SILAO, Mexico, Aug 17 (Reuters) – General Motors (GM.N) employee Mari says that for the past decade, she has felt powerless to demand higher pay at the plant in central Mexico that cranks out hundreds of thousands of profitable pickup trucks annually. But on Tuesday and Wednesday, the plant’s nearly 6,500 unionized workers are to… Continue reading Sustainable BusinessGM workers’ historic vote in Mexico tests new trade dealAugust 17, 2021
BEST Inc. Announces Unaudited Second Quarter 2021 Financial Results
HANGZHOU, China, Aug. 17, 2021 /PRNewswire/ — BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, today announced its unaudited financial results for the quarter ended June 30, 2021. Johnny Chou, Founder, Chairman and Chief Executive Officer of BEST, commented, “In the second… Continue reading BEST Inc. Announces Unaudited Second Quarter 2021 Financial Results
Indian arbitrator asks Renault-Nissan to pay workers $9.5 million interim dues
Workers at the Renault-Nissan plant in Chennai filed an industrial arbitration suit demanding 20,000 rupees as a monthly interim settlement after the expiry of a previous wage agreement in March 2019. By Sudarshan Varadhan and Aditi Shah New Delhi: An Indian arbitrator has asked Renault-Nissan to pay its 3,542 workers at its southern Indian plant… Continue reading Indian arbitrator asks Renault-Nissan to pay workers $9.5 million interim dues