@VW Group: Five drivers fight for the overall lead in the Porsche Supercup at Spa005745

Race The German finished third on the Formula 1 circuit in the Ardennes behind the defending champion Larry ten Voorde from the Netherlands. His rivals had been warned. “I’ll get off the line perfectly and immediately put some space between me and the rest of the field,” Dylan Pereira revealed his race strategy already before… Continue reading @VW Group: Five drivers fight for the overall lead in the Porsche Supercup at Spa005745

The Predictive Index Receives $30M Investment From JM Family Enterprises

The Predictive Index, a Boston, MA-based talent optimization platform, received a $30m minority investment from JM Family Enterprises. The company intends to use the funds to accelerate enhancements to its platform. Led by CEO Mike Zani, The Predictive Index is a talent optimization platform that aligns business strategy with people strategy for optimal business results. The solution aims… Continue reading The Predictive Index Receives $30M Investment From JM Family Enterprises

Skoda Auto Digilab India and VWITS announce second ‘i-mobilothon’

Skoda Auto DigiLab India, one of the three agile business innovation hubs for Skoda Auto globally, today announced the second edition of ‘i-mobilothon’, in collaboration with Volkswagen Group Technology Solutions India (formerly Volkswagen IT Services). This contest offers an inclusive, agile, and multi-disciplinary launch pad for creative minds and code developers of India to leverage… Continue reading Skoda Auto Digilab India and VWITS announce second ‘i-mobilothon’

Hyundai Mobis to debut at NAIAS 2022 with 30 new technologies

eCCPM, an optimised platform for EVs, combines braking, steering, suspension, driving and battery systems with scalable aluminium frames Hyundai Mobis is making its debut at the North American International Auto Show (NAIAS) 2022, which will be held at Huntington Place in Detroit, Michigan from September 14-25.  “We are discovering many new opportunities in the North… Continue reading Hyundai Mobis to debut at NAIAS 2022 with 30 new technologies

Hong Kong-based Baring PE Asia closes eighth fund at $11.2bIts predecessor fund delivered a gross IRR of 38% as of June 2022

Baring Private Equity Asia (BPEA) has announced the final close of its eighth fund at $11.2 billion, making it one of the largest private equity funds raised by an Asia-based private equity firm. The final close exceeded the firm’s initial target of $8.5 billion. BPEA said commitments to the vehicle, Baring Asia Private Equity Fund… Continue reading Hong Kong-based Baring PE Asia closes eighth fund at $11.2bIts predecessor fund delivered a gross IRR of 38% as of June 2022

ONE reveals 1007 Wh/L anode-free cell that enables 600-mile Gemini battery architecture

ONE’s anode-free cell is the first to deliver 1007 Wh/L into a large format prismatic can cell The anode-free cell technology surpasses industry-leading energy density, while lowering costs of the Gemini battery pack by eliminating the need for graphite and anode cell manufacturing equipment ONE’s Gemini dual-chemistry architecture has opened a straightforward path to widespread… Continue reading ONE reveals 1007 Wh/L anode-free cell that enables 600-mile Gemini battery architecture

Body Armor Market to Rise at a CAGR of 3.11% during Forecast Period 2022-2031, observes TMR Study

The defence category is anticipated to grow throughout the projected period due to technological developments in ceramic and steel protective gear. The global body armor market is being stimulated by the introduction of strong, lightweight devices. In order to give a high degree of ballistic protection and more mobility during combat missions, manufacturers are producing… Continue reading Body Armor Market to Rise at a CAGR of 3.11% during Forecast Period 2022-2031, observes TMR Study

Focused on trade exits as SE Asia is always of strategic importance to MNCs: Navis Capital

It has been yet another busy year for Malaysia-headquartered private equity firm Navis Capital, both in terms of exits and new investments. Since the start of 2022, the firm has announced divestments at Singapore-based electronic waste-processing firm TES, Hong Kong footwear component company Texon, medical cold-chain solutions provider B Medical Systems and label and precision… Continue reading Focused on trade exits as SE Asia is always of strategic importance to MNCs: Navis Capital

Investree keen to significantly increase stake in Indonesia’s Bank Amar

Close on the heels of gaining an 18.4% interest in Bank Amar, Indonesian SME lending platform Investree is looking to significantly enhance its stake and become a strategic partner in the local lender, according to a top executive. “We are looking at a strategic partnership with the bank. Our current investment in Bank Amar will… Continue reading Investree keen to significantly increase stake in Indonesia’s Bank Amar

Aircastle Announces Increase of Revolving Credit Facility to $1 billion

STAMFORD, Conn., Sept. 12, 2022 /PRNewswire/ — Aircastle Limited (“Aircastle”) announced today that it increased the size of its unsecured revolving credit facility to $1 billion from $900 million by way of a $100 million commitment from BMO Harris Bank N.A. (“BMO”). The facility expires in April 2025 and provides working capital for general corporate purposes, including… Continue reading Aircastle Announces Increase of Revolving Credit Facility to $1 billion