State Bank of India invests in digital payments firm Cashfree …

City-based payment gateway, Cashfree, on Monday said it has raised strategic funding from India’s largest lender, State Bank of India (SBI), at a post-money valuation of $200 million. The company will be utilise the funds to ramp up its payment infrastructure and invest in growth. The latest fundraise comes less than a year after the… Continue reading State Bank of India invests in digital payments firm Cashfree …

Solera Completes Acquisitions of Omnitracs and DealerSocket

Acquisitions of Omnitracs, DealerSocket and eDriving Position Solera as the Global Data Intelligence and Technology Leader in Vehicle Lifecycle Management WESTLAKE, Texas, June 7, 2021 /PRNewswire/ — Solera Holdings, Inc. (“Solera”) announced that it has completed its acquisitions of Omnitracs, DealerSocket and eDriving. Omnitracs is a leading fleet management platform, DealerSocket is a best-in-class SaaS provider to… Continue reading Solera Completes Acquisitions of Omnitracs and DealerSocket

KYMCO Announces Ionex EV League

Right before the start of the exhibition, KYMCO signed Strategic Collaboration Agreements with Super SOCO and FELO Technology to jointly create new models based on Ionex open energy platform, to co-develop smart connected technologies for electric vehicle riders, and to share resources in promoting electric motorcycles and scooters in the global market. The spirit of… Continue reading KYMCO Announces Ionex EV League

IP Rings and UK’s Eminox to set up emission tech JV in Chennai

IP Rings (IPRL), part of the Rs 17,000 crore Chennai-based Amalgamations Group, has entered into an agreement with UK’s Eminox to set up a technical centre joint venture (JV) in Chennai. Both partners will have equal stake in the joint venture. The centre will be responsible for the design and development of full Exhaust Aftertreatment… Continue reading IP Rings and UK’s Eminox to set up emission tech JV in Chennai

Scuderia Cameron Glickenhaus Teases Tesla, Ford, and VW With FCEVs – autoevolution

1 photo James Glickenhaus has not missed a single chance so far to tease the people that claim that fuel cells are a dead end. He first did that with Elon Musk, challenging him to prove the Cybertruck is better than the future SCG Boot FCEV at the 2023 Baja 1000. After Herbert Diess said… Continue reading Scuderia Cameron Glickenhaus Teases Tesla, Ford, and VW With FCEVs – autoevolution

Asia’s ESG bond issuances hit record $69b this year, no let-up seen

Asia-Pacific borrowers more than doubled issuance of bonds tied to environmental, social and governance (ESG) themes to a record $69 billion this year, data showed, as they sought to burnish their sustainability credentials and tap red-hot investor demand. Bankers say the trend will continue, boosting their fee incomes. Some of the biggest global investment banks… Continue reading Asia’s ESG bond issuances hit record $69b this year, no let-up seen

Nium Signs Definitive Agreement to Acquire B2B Travel Payments Leader Ixaris

SINGAPORE and LONDON, June 7, 2021 /PRNewswire/ — Nium, a leading global B2B payments platform, today announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimisation. The transaction is expected to close early in the third quarter of 2021, subject to customary closing conditions. Ixaris provides flexible funding and payment… Continue reading Nium Signs Definitive Agreement to Acquire B2B Travel Payments Leader Ixaris

@niche: CAP’N JIMMY’S LOVE BOAT.000932

By Peter M. DeLorenzo Detroit. It never ceases to amaze me that The Motor City is still a company town like no other (well, except for Hollywood, which is its own special brew). Unless you live around here, it’s hard to understand what I’m talking about, but once again I’ve been presented an opportunity to paint for you… Continue reading @niche: CAP’N JIMMY’S LOVE BOAT.000932

HSBC veteran Hitendra Dave to be new India CEO

A Swiss International aircraft flies past the HSBC headquarters building in the Canary Wharf financial district in east London February 15, 2015. REUTERS/Peter Nicholls HSBC has appointed Hitendra Dave as the interim chief executive officer of HSBC India with effect from today. Dave’s formal appointment as the CEO is subject to regulatory approval. Dave succeeds… Continue reading HSBC veteran Hitendra Dave to be new India CEO

@Tata-JLR: SUSTAINABILITY TO DRIVE JAGUAR LAND ROVER STRATEGY WITH NEW EXECUTIVE APPOINTMENT AND REORGANISATION

For more information about Jaguar Land Rover’s Reimagine strategy please visit:  https://www.jaguarlandrover.com/reimagine   About Jaguar Land Rover: Reimagining the future of modern luxury by design  Jaguar Land Rover is reimagining the future of modern luxury by design through its two distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as… Continue reading @Tata-JLR: SUSTAINABILITY TO DRIVE JAGUAR LAND ROVER STRATEGY WITH NEW EXECUTIVE APPOINTMENT AND REORGANISATION