Servotech Power Systems wins Rs 102 crore order for 1500 DC Fast Chargers from HPCL, other OEMs

Servotech Power Systems, an EV charger manufacturer, has bagged an order worth Rs 102 crore for 1500 DC fast EV chargers from HPCL and other EV charger OEMs. The charger variants are 60 kW and 120 kW. The order secured by HPCL involves Servotech manufacturing, supplying andinstalling DC EV chargers nationwide, prioritizing deployment at HPCL’s retailoutlets. Additionally, Servotech… Continue reading Servotech Power Systems wins Rs 102 crore order for 1500 DC Fast Chargers from HPCL, other OEMs

Valmet’s social responsibility program continues with several area-specific projects around the world

Valmet Oyj’s press release on February 23rd, 2024 at 9:30 a.m. EET  ESPOO, Finland, Feb. 23, 2024 /PRNewswire/ — Valmet expanded its global social responsibility program with several area-specific local projects promoting science, nature and equal opportunities in 2022. After a year of successful implementation, the program now continues through six local projects. Social responsibility program… Continue reading Valmet’s social responsibility program continues with several area-specific projects around the world

Yulu raises Rs 160 crore in fresh funding from Magna and Bajaj Auto

Yulu, India’s largest shared electric two-wheeler mobility company, has announced equity infusion of $19.25 million (about Rs 160 crore) in its business. The funds have been raised through further issuance of shares to Yulu’s existing strategic investors Magna and Bajaj Auto Ltd. Over the last year, Yulu has seen a nearly five-fold leap in revenue. The… Continue reading Yulu raises Rs 160 crore in fresh funding from Magna and Bajaj Auto

Yulu raises Rs 160 crore in fresh funding from Magna and Bajaj Auto

Yulu, India’s largest shared electric two-wheeler mobility company, has announced equity infusion of $19.25 million (about Rs 160 crore) in its business. The funds have been raised through further issuance of shares to Yulu’s existing strategic investors Magna and Bajaj Auto Ltd. Over the last year, Yulu has seen a nearly five-fold leap in revenue. The… Continue reading Yulu raises Rs 160 crore in fresh funding from Magna and Bajaj Auto

CutisCare Appoints Dr. Bob Bartlett to Chief Medical Officer, Strengthening Commitment to Advancing Wound Care Solutions

BOCA RATON, Fla., Feb. 22, 2024 /PRNewswire/ — CūtisCare LLC, a leading provider in wound care and hyperbaric management, proudly announces the promotion of Dr. Bob Bartlett, MD, to the position of Chief Medical Officer (CMO). This strategic move underscores CutisCare’s dedication to delivering unparalleled wound care services and advancing healthcare solutions. Dr. Bartlett’s journey with… Continue reading CutisCare Appoints Dr. Bob Bartlett to Chief Medical Officer, Strengthening Commitment to Advancing Wound Care Solutions

Valmet has published the Annual Report, the Corporate Governance Statement and the Remuneration Report for 2023

ESPOO, Finland, Feb. 22, 2024 /PRNewswire/ — Valmet has today, on February 22, 2024, published its Annual Report for 2023 on the company’s website at www.valmet.com/annualreport2023. The Annual Report consists of three separate parts: the Annual Review, the Financial Statements and Report of the Board of Directors and the GRI Supplement. The Annual Review covers… Continue reading Valmet has published the Annual Report, the Corporate Governance Statement and the Remuneration Report for 2023

Jubilant HollisterStier Celebrates the Opening of Their Third Manufacturing Line with a Ribbon Cutting Ceremony

SPOKANE, Wash., Feb. 21, 2024 /PRNewswire/ — Jubilant HollisterStier held a ribbon cutting ceremony on February 8, celebrating the opening of their third sterile fill finish manufacturing line and the groundbreaking of the next phase of their facility expansion. JHS President and CEO Chris Preti, the Consulate General of India Mr. Prakash Gupta, representatives from the… Continue reading Jubilant HollisterStier Celebrates the Opening of Their Third Manufacturing Line with a Ribbon Cutting Ceremony

Magna International Inc’s Dividend Analysis

Assessing the Upcoming Dividend and Historical Performance Magna International Inc(NYSE:MGA) recently announced a dividend of $0.48 per share, payable on 2024-03-08, with the ex-dividend date set for 2024-02-22. As investors look forward to this upcoming payment, the spotlight also shines on the company’s dividend history, yield, and growth rates. Using the data from GuruFocus, let’s… Continue reading Magna International Inc’s Dividend Analysis

General Dynamics European Land Systems – Steyr awarded $1.3 billion contract to build 225 PANDUR EVO wheeled armored vehicles for Austria

VIENNA, Feb. 20, 2024 /PRNewswire/ — General Dynamics European Land Systems – Steyr (GDELS) announced that it has been awarded a contract to deliver an additional 225 PANDUR 6×6 EVO wheeled armored vehicles to the Austrian Armed Forces. The contract has an initial value of 1.2 billion euros (U.S. $1.3 billion). Continue Reading The compact,… Continue reading General Dynamics European Land Systems – Steyr awarded $1.3 billion contract to build 225 PANDUR EVO wheeled armored vehicles for Austria