Volkswagen, Ford to exit auto finance business in India

The auto financing arms of Volkswagen AG and Ford Motor Co plan to stop giving new credit to car buyers and dealers in India and will exit from the country, sources aware of the development told Reuters. Volkswagen Finance Private Ltd, the German carmaker’s finance arm, stopped giving loans to car buyers in India last year and… Continue reading Volkswagen, Ford to exit auto finance business in India

Global Logistics SaaS E-commerce Technologies Report 2020 – Advancement in Artificial Intelligence, Data Analytics, and Machine Learning Encourage Growth Opportunities

DUBLIN, June 11, 2021 /PRNewswire/ — The “Growth Opportunities of SaaS E-commerce Technologies in Logistics” report has been added to ResearchAndMarkets.com’s offering. Rather than just merely tracking goods in transit, the logistics software management platform provides advanced data analytics solutions to identify key variances and to take actions before incurring costs to companies. Multiple product… Continue reading Global Logistics SaaS E-commerce Technologies Report 2020 – Advancement in Artificial Intelligence, Data Analytics, and Machine Learning Encourage Growth Opportunities

Lead the Charge: One season, your career in pole position.

ZURICH, June 11, 2021 /PRNewswire/ — The Mercedes-EQ Formula E Team, in conjunction with its Official Engineering Partner Modis, have announced an exhilarating opportunity for tech and engineering students, graduates or anyone with a technical background who is looking to make an exciting move into motorsport– the chance to work alongside Team Principal Ian James, and… Continue reading Lead the Charge: One season, your career in pole position.

India has only scratched the surface in online retail, no real competition there yet: K Ganesh, GrowthStory

K Ganesh, Founder, GrowthStory tells ET Now’s Tamanna Inamdar about Tata Digital’s recent deal spree and what these new deals portend for Indian etail. Edited excerpts:How do you look Tata Digital’s shopping spree? What are the challenges here that the company faces?This is a milestone moment — a large, traditional conglomerate has taken the big,… Continue reading India has only scratched the surface in online retail, no real competition there yet: K Ganesh, GrowthStory

300% increase in freight costs plague SMEs

Based on the shipping and logistics crisis plaguing the industry since the onset of Covid freight costs have skyrocketed 300% worsening the situation for Indian SMEs who are navigating their business amidst the global pandemic. The shipping and logistics crisis plaguing the industry since the onset of Covid freight costs have skyrocketed 300% , worsening… Continue reading 300% increase in freight costs plague SMEs

M&M revamps its design set up, Create a new Global Design Organisation and ropes in Pratap Bose to lead it

Pratap Bose, Executive Vice President and Chief Design Officer In a move to put design at the centre of its future offerings from two wheelers to trucks, Mahindra & Mahindra, the maker of XUV and Thar sports utility vehicles, on Friday announced creating a new global design organisation for the automotive and farm equipment sector.… Continue reading M&M revamps its design set up, Create a new Global Design Organisation and ropes in Pratap Bose to lead it

Argano Appoints Sri Ayyeppen Chief Revenue Officer

DALLAS, June 11, 2021 /PRNewswire/ — Argano announced today Sri Ayyeppen has been appointed Chief Revenue Officer. Ayyeppen is the co-founder and President of ArganoKeste. As CRO he will report to Argano Group CEO Chip Register. Sri will be responsible for formulating Argano’s global go-to-market offerings and sales processes in collaboration with all platform firms… Continue reading Argano Appoints Sri Ayyeppen Chief Revenue Officer

@niche: Lordstown Motors vs. Workhorse Group: Which Commercial EV Stock Is A Better Pick?000945

A rise in Government initiatives to go electric, along with a rise in demand for zero emission vehicles, especially in the logistics and e-commerce sector, could fuel the commercial electric vehicle (EV) market. According to a MarketsandMarkets research report, the electric commercial vehicle market, which was at an estimated 129,000 units last year, is expected… Continue reading @niche: Lordstown Motors vs. Workhorse Group: Which Commercial EV Stock Is A Better Pick?000945

International Partners And Government Agencies Join Arqit’s Federated Quantum System

LONDON, June 11, 2021 /PRNewswire/ — Arqit Limited (“Arqit”), a leader in quantum encryption technology, has today announced at the G7 Leaders Conference in Cornwall, that it has formed an international consortium of companies and government organisations to provide its quantum encryption technology to government customers in a federated system concept, called Federated Quantum System… Continue reading International Partners And Government Agencies Join Arqit’s Federated Quantum System

Phase Four Raises $26m Series B led by New Science Ventures

Phase Four to scale production of its Maxwell engine and accelerate development of higher performance Maxwell engines Tweet this The new capital follows a year of significant growth for Phase Four.  So far in 2021, Phase Four’s Maxwell plasma propulsion engine has been launched aboard multiple commercial small satellites with still more launching throughout the… Continue reading Phase Four Raises $26m Series B led by New Science Ventures