Tata Motors to explore partial divestment possibility of its arm through IPO

New Delhi: Tata Motors on Monday said it would explore the possibility of partial divestment of its holding in subsidiary Tata Technologies Ltd through an initial public offering route. In a regulatory filing, Tata Motors said the IPO Committee of the company, which met on December 12, 2022 has accorded its in-principle approval for such… Continue reading Tata Motors to explore partial divestment possibility of its arm through IPO

Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

SHANNON, Ireland, Dec. 12, 2022 /PRNewswire/ — Airborne Capital announces the closing of its second asset backed securitisation (‘ABS’) transaction, MAST 2022-1. Marathon is the sponsor of the ABS while Airborne Capital is the servicer The $303.7 million ABS offered one tranche of notes, all of which have been privately placed, and secured on a… Continue reading Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

Körber named 2022 Top Software & Technology Provider by Food Logistics

Award honors top software and technology providers that ensure a safe, efficient and reliable global cold food and beverage supply chain HAMBURG, Germany, Dec. 12, 2022 /PRNewswire/ — Food Logistics has awarded Körber as 2022 Top Software & Technology Provider. The award honors software and technology providers that ensure a safe, efficient and reliable global cold… Continue reading Körber named 2022 Top Software & Technology Provider by Food Logistics

ELECTRONIC DESIGN AUTOMATION INDUSTRY LEADER SYNOPSYS SELECTS GEP FOR PROCUREMENT MANAGED SERVICES AND SOFTWARE TO DELIVER GREATER EFFICIENCY AND MITIGATE RISKS

GEP SOFTWARE selected to work with Synopsys source-to-contract (S2C) process covering all indirect global spending GEP to support its aim to continue diversifying its supplier base CLARK, N.J., Dec. 12, 2022 /PRNewswire/ — GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced… Continue reading ELECTRONIC DESIGN AUTOMATION INDUSTRY LEADER SYNOPSYS SELECTS GEP FOR PROCUREMENT MANAGED SERVICES AND SOFTWARE TO DELIVER GREATER EFFICIENCY AND MITIGATE RISKS

Ideanomics subsidiary Energica strengthens its position in the ASEAN region with entry into high-value Japanese, Australian markets

NEW YORK, Dec. 12, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Energica has started selling its high-performance electric motorcycles in Japan and Australia. The first batch of motorbikes will arrive in both countries in Q1 2023. “Japan is a key… Continue reading Ideanomics subsidiary Energica strengthens its position in the ASEAN region with entry into high-value Japanese, Australian markets

India Auto Inc can roll out E20-compliant vehicles as per schedule: SIAM president

India Auto Inc can roll out E20-compliant vehicles as per schedule: SIAM president The drive to E20 compliance in the Indian automobile industry is on schedule. In line with the government’s thrust towards ethanol adoption in India, apex industry body Society of Indian Automobile Manufacturers (SIAM) organised a technology demonstration on ‘Ethanol Adoption – Flex Fuel Vehicles in… Continue reading India Auto Inc can roll out E20-compliant vehicles as per schedule: SIAM president

@BMW: 2022 BMW M Sports Trophy winners confirmed.002449

Munich, Germany – December 12, 2022… The winners of the BMW M Sports Trophy, which was run for the 60th time in 2022, have been confirmed. The competition recognises the most successful teams and drivers competing privately around the world with BMW M Motorsport race cars, and victory in this year’s Driver competition went to North America.… Continue reading @BMW: 2022 BMW M Sports Trophy winners confirmed.002449

The Aviation Climate Taskforce (ACT) Launches Stand-Alone Operations Thanks to a Law Firm-Wide Pro-Bono Effort from WilmerHale

BOSTON, Dec. 13, 2022 /PRNewswire/ — This year, WilmerHale’s steadfast commitment to public service resulted in the setup of ACT’s non-profit legal and compliance operations, including achieving recognition of tax-exempt status as a section 501(c)(3) organization from the Internal Revenue Service. ACT is a first of its kind global coalition of leaders in the aviation sector,… Continue reading The Aviation Climate Taskforce (ACT) Launches Stand-Alone Operations Thanks to a Law Firm-Wide Pro-Bono Effort from WilmerHale

Grab appoints Alejandro Osorio as new country head for Vietnam

Southeast Asian superapp Grab has announced the appointment of Alejandro Osorio as managing director of Grab Vietnam to oversee its vision, business strategy, and operations across all businesses in the country. Osorio will also be responsible for driving the Grab for Good mission in Vietnam, which aims to create more positive social and environmental impacts… Continue reading Grab appoints Alejandro Osorio as new country head for Vietnam

Qatar Investment Authority leads US cybersecurity startup Snyk’s Series G round

US-based cybersecurity startup Snyk Ltd said on Monday it had raised $196.5 million in Series G funding, led by Qatar Investment Authority, which is at a lower valuation of $7.4 billion. The development comes after Snyk earlier this year had tapped banks including Morgan Stanley and Goldman Sachs Group Inc for an initial public offering (IPO)… Continue reading Qatar Investment Authority leads US cybersecurity startup Snyk’s Series G round