Greaves Cotton Q1 FY23 PAT at INR 16 cr; posts highest ever quarterly revenue of INR 660 cr

New Delhi: Greaves Cotton Limited on Friday reported consolidated revenues of INR 660 crore in Q1 FY23, recording a healthy YoY growth of 188% over Q1 FY22. The Company reported improved growth in profit with EBITDA at INR 38 crores and PAT of INR 16 crores. The new businesses continue to see strong growth with… Continue reading Greaves Cotton Q1 FY23 PAT at INR 16 cr; posts highest ever quarterly revenue of INR 660 cr

Satellite Connectivity Market to Reach $22.12 Billion, Globally, by 2031 at 7.3% CAGR: Allied Market Research

Rise in government investment in space exploration and increase in satellite launches drive the global satellite connectivity market. PORTLAND, Ore., Aug. 12, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Satellite Connectivity Market by Component (Video, Fixed, Mobility), by Orbit (Elliptical, GEO, LEO, MEO), by End User (Civil and Earth Observation, Government and… Continue reading Satellite Connectivity Market to Reach $22.12 Billion, Globally, by 2031 at 7.3% CAGR: Allied Market Research

Rivian Lost $1.7 Billion in the Second Quarter

Rivian, a fledgling electric vehicle manufacturer, said Thursday that it lost $1.7 billion in the second quarter and estimated that it would make just over 26,000 vehicles this year, about a thousand more than it previously forecast. The company said it was continuing to struggle to get enough components to ramp up production to higher… Continue reading Rivian Lost $1.7 Billion in the Second Quarter

Unifor makes policy recommendations to rebuild Canada’s auto sector

Unifor, Canada’s largest private sector union representing Detroit Three autoworkers, has released 29 recommendations for policymakers to consider to help grow Canada’s auto sector as the industry transitions to electric vehicles.  The recommendations are part of Unifor’s fourth policy document entitled “Navigating the Road Ahead: Rebuilding Canada’s Powerhouse Auto Sector,” which focuses on growing Canada’s auto and auto… Continue reading Unifor makes policy recommendations to rebuild Canada’s auto sector

Global Shared Mobility Start-ups Strategic Overview Report 2022: Europe Dominates the Shared Mobility Start-up Space, with More than 50% of the Start-ups Headquartered in the EU G5

DUBLIN, Aug. 11, 2022 /PRNewswire/ — The “Strategic Overview of the Start-ups Disrupting Shared Mobility, Global, 2022” report has been added to ResearchAndMarkets.com’s offering. In 2021, the market opportunity from shared mobility was approximately $336.9 billion. This is expected to cross $994.5 billion in 2030, accounting for the changes in the market due to the… Continue reading Global Shared Mobility Start-ups Strategic Overview Report 2022: Europe Dominates the Shared Mobility Start-up Space, with More than 50% of the Start-ups Headquartered in the EU G5

LALIGA ANNOUNCES EXPANDED EXCLUSIVE PARTNERSHIP THROUGHOUT SOUTH AMERICA WITH RUSH STREET INTERACTIVE’S RUSHBET SPORTSBOOK BRAND

RSI Extends Co-Branding Deal Continent-Wide with One of the World’s Most Popular Professional Sports Leagues CHICAGO, Aug. 11, 2022 /PRNewswire/ — RushBet, the sportsbook that gained a foothold in South America last year by becoming LaLiga’s exclusive wagering partner in Colombia, is now expanding that partnership with the renowned Spanish soccer league throughout the continent.… Continue reading LALIGA ANNOUNCES EXPANDED EXCLUSIVE PARTNERSHIP THROUGHOUT SOUTH AMERICA WITH RUSH STREET INTERACTIVE’S RUSHBET SPORTSBOOK BRAND

ZIM Announces Participation in a Series A Financing Round in Hoopo, a Provider of Cutting-Edge Tracking Solutions for Unpowered Assets

Hoopo Systems’ Solution is Designed to Improve Supply Chain Management of Unpowered Assets with a Unique, Highly Durable and Power-Efficient, Tracking Solution Investment Intended to Enable Hoopo to Develop a First-of-its-Kind Tracking Solution for Dry Containers HAIFA, Israel, Aug. 11, 2022 /PRNewswire/ — ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the completion of a… Continue reading ZIM Announces Participation in a Series A Financing Round in Hoopo, a Provider of Cutting-Edge Tracking Solutions for Unpowered Assets

Good Buys: Black+Decker’s Reviva, a Sustainable Approach to Power Tools

With our planet in crisis mode, more and more companies are jumping on board to help achieve the United Nations Sustainable Development Goals. Among these companies aiming to make a difference in manufacturing are Black+Decker and Eastman, a power tools company and a specialty plastics manufacturer, respectively. This duo has partnered together to create a… Continue reading Good Buys: Black+Decker’s Reviva, a Sustainable Approach to Power Tools

Transfix Appoints First-Ever Chief Product Officer Tony Tzeng to Continue Digital Transformation of the Supply Chain

– Tzeng brings enterprise AI product expertise to connect shippers and carriers intelligently, sustainably, and at scale – NEW YORK, Aug. 11, 2022 /PRNewswire/ — Transfix, Inc. (“Transfix”), the Intelligent Freight Platform™, today announced Tony Tzeng has joined as the company’s first-ever Chief Product Officer. He will lead product strategy, execution, and innovation serving shippers and carriers… Continue reading Transfix Appoints First-Ever Chief Product Officer Tony Tzeng to Continue Digital Transformation of the Supply Chain

aha! Inaugurates New Nonstop Service Between Idaho Falls and Reno-Tahoe with free tickets for the first 100 passengers

RENO, Nev., Aug. 11, 2022 /PRNewswire/ — aha!, powered by veteran ExpressJet Airlines and one of the fastest growing airlines in the Western U.S., today inaugurated new nonstop service between Idaho Falls Regional Airport (IDA) and Reno-Tahoe International Airport (RNO) – connecting Eastern Idaho with the tourism-rich areas of beautiful Lake Tahoe and the “Biggest Little… Continue reading aha! Inaugurates New Nonstop Service Between Idaho Falls and Reno-Tahoe with free tickets for the first 100 passengers