In the past few years, where adversity has limited Apple’s Indian business primarily to its smartphone portfolio, it has now successfully managed to cope with the pressure. Headquartered in Cupertino, in the year 2021, this company has stepped up its bets on India. With sales booming in its second-largest portfolio ...
Read More »Italy’s Leonardo to buy 25% stake in German sensor maker Hensoldt
Reuters: Italian defense group Leonardo said on Saturday it agreed to buy a 25.1% stake in German military sensor maker Hensoldt from buyout firm KKR, for 23 euros per share in cash, or around 606 million euros ($733 million). The deal comes just a month after the Italian state-controlled group ...
Read More »The United States Gives Wings to the Tax Revolution
Washington’s turn, which has proposed a 21% minimum corporate tax worldwide, paves the way for negotiations to change international rules After less than six months at the helm of the most powerful country in the world, Joe Biden has laid the foundations for a global revolution to be waged. The ...
Read More »Joe Biden’s fleet will include Supersonic Jet flying at a speed of 2222 km / h, photos go viral
In an interview with CNN, Exosonic’s Principal Aircraft Interior Designer Stephanie Chahan said that we are going to plan new technology, which has not been seen in any commercial or business plane so far. Private suites have also been arranged in this state-of-the-art aircraft with 31 seats. Washington: US President Joe Biden ...
Read More »German utility Enercity, Compleo merge electric car charging units to meet growing demand
(Reuters) – The German city of Hanover’s power utility, Enercity, said on Friday it has sold shares in its vehicle charging firm wallbe to Compleo Charging Solutions for 34.8 million euros ($41.05 million), Compleo will merge wallbe to create an e-mobility charging infrastructure supplier. A number of German utilities have ...
Read More »Electric-vehicle startups promise record growth in revenue
The world’s giant IT Company Google took 8 years to reach at USD 10 billion in the sale; it was the fastest U.S. startup. At present SPAC frenzy, a group of electric-vehicle companies is trying to beat this record in next upcoming years. The most ambitious ones include luxury-car manufacturer ...
Read More »Australia’s AGL Energy Ltd acquires NZ’s Tilt Renewable in $2.1 billion
New Zealand’s Tilt Renewables Ltd would be acquired by its second-largest shareholder and AGL Energy Ltd of Australia for NZ $ 2.94 billion ($ 2.10 billion) by a consortium said on Monday, which would send its shares to an all-time high. It was the first major piece of Merger and ...
Read More »JD Sports Fashion entered in European Market with MIG
JD Sports to acquire 60% stake of Marketing Investment Group (MIG) to enter the central and eastern European market, it said on Friday. (LONDON) – JD Sports Fashion, the biggest sportswear retailer in Britain, has acquired a 60% stake of Marketing Investment Group (MIG) in the central and eastern European ...
Read More »American paid around $83 billion in credit card debt in 2020
As per the latest report shared by WalletHub, Americans had paid a recordable amount of around $ 83 billion in 2020 by their credit cards. A personal finance website WalletHub released information on Monday that Americans credit card debt by $83 billion by 2020. Amidst COVID-19, the coronavirus crisis has ...
Read More »Expectations of cannabis industry in India rise after United Nations vote
India: Cannabis has been a disputed area in the country for a long time. It is defined as a sacred plant, but at the same time it is maligned as a bad drunk. But this is a moment of hope for the new generation of cannabis entrepreneurs. Startups like Bombay ...
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