French government to pay USD 10.24 Billion for EDF nationalization

French government to pay USD 10.24 Billion for EDF nationalization

Date: 2022-07-20Author: Pankaj Singh

The government of France is reportedly paying USD 10.24 billion (€10 billion) to completely nationalize EDF, an energy giant, as ministers try to combat the energy crisis in Europe. The country’s finance ministry offered USD 9.9 billion....

JSW Steel partners with BCG to achieve decarbonization goals

JSW Steel partners with BCG to achieve decarbonization goals

Date: 2022-07-19Author: Saipriya Iyer

Indian steel manufacturer JSW Steel Ltd is reportedly partnering with management consulting company Boston Consulting Group (BCG) to achieve its decarbonization goals. JSW Steel intends to curb its carbon emissions by 42% by the end of the decade ....

Naver to boost B2B business in Japan via partnership with SoftBank

Naver to boost B2B business in Japan via partnership with SoftBank

Date: 2022-07-18Author: Pankaj Singh

Naver Corporation, a South Korean internet company, is reportedly preparing to make full-fledged inroads into the enterprise IT solution business in Japan through a partnership with SoftBank Group. Naver is notably leveraging the partnership with ....

Karma Automotive joins MIH Consortium to drive next-gen e-mobility

Karma Automotive joins MIH Consortium to drive next-gen e-mobility

Date: 2022-07-15Author: Saipriya Iyer

Karma Automotive, a Chinese-owned American luxury vehicles company, has reportedly become the latest Original Equipment Manufacturer to join the MIH (Mobility in Harmony) Consortium. Joining MIH Consortium, which aims to develop an open ecosystem ....

Stagwell acquires PEP Group to expand multilingual content production

Stagwell acquires PEP Group to expand multilingual content production

Date: 2022-07-14Author: Pankaj Singh

Marketing and communications firm Stagwell has reportedly acquired an omnichannel content creation firm, PEP Group. Under this deal, PEP Group will join the multilingual content agency of Stagwell, Locaria, to expand content and media production c....

Vanderbilt University inks five-year education partnership with NSA

Vanderbilt University inks five-year education partnership with NSA

Date: 2022-07-13Author: Saipriya Iyer

Nashville-based Vanderbilt University has reportedly signed an education partnership agreement with the National Security Agency (NSA) for five years. This partnership was announced during the keynote address of NSA Director Gen. Paul Nakasone at the....

Tata AIA Life Insurance announces partnership with City Union Bank

Tata AIA Life Insurance announces partnership with City Union Bank

Date: 2022-07-12Author: Pankaj Singh

Tata AIA Life Insurance Co. Ltd, one of the top insurance companies in India, is reportedly partnering with City Union Bank to provide health and life insurance solutions to the bank’s customer base. Both the companies are well-revered consu....

M&M to ramp up electric plans and unveil Born Electric fleet in the UK

M&M to ramp up electric plans and unveil Born Electric fleet in the UK

Date: 2022-07-11Author: Pankaj Singh

Mahindra & Mahindra Limited (M&M) is reportedly unveiling its Born Electric fleet in Oxfordshire, the UK on August 15th, as per a senior advisor at BII (British International Investment). According to a credible source, the new lineup is s....

Germany to focus on biosecurity during year-long Global Partnership presidency

Germany to focus on biosecurity during year-long Global Partnership presidency

Date: 2022-07-08Author: Pankaj Singh

Germany has reportedly planned to prioritize biosecurity during its one-year presidency of the Global Partnership Against the Proliferation of Weapons of Mass Destruction. German deputy commissioner for arms control and disarmament, Rüdiger B....

SOM, Prometheus Materials unite to design bio-based building materials

SOM, Prometheus Materials unite to design bio-based building materials

Date: 2022-07-07Author: Pankaj Singh

Construction engineering firm Skidmore, Owings & Merrill (SOM) has reportedly partnered with Prometheus Materials to design and manufacture bio-concrete and microalgae-based bricks. Replacing conventional carbon-heavy concrete materials, curre....

HDFC Bank receives approval from RBI to merge with HDFC Limited

HDFC Bank receives approval from RBI to merge with HDFC Limited

Date: 2022-07-06Author: Pankaj Singh

HDFC Bank has reportedly received approval from banking regulator RBI to merge with its parent company, HDFC Limited. Considered to be the biggest deal in the history of Indian corporate, HDFC Bank agreed to acquire India’s biggest mortgage ....

Dubai Land Dept and Emirates NBD partner to reinforce UAE real estate

Dubai Land Dept and Emirates NBD partner to reinforce UAE real estate

Date: 2022-07-05Author: Pankaj Singh

Dubai Land Department has reportedly announced a strategic partnership with leading banking group Emirates NBD on milestone projects aimed at boosting the real estate proposition of the UAE. The automation and digitization of rental cheque payment....

EXPAL and Thales partner to set up sovereign capability for munitions

EXPAL and Thales partner to set up sovereign capability for munitions

Date: 2022-07-04Author: Saipriya Iyer

Global defense and security company EXPAL Systems S.A. and Thales Australia have reportedly signed a collaboration agreement to set up sovereign capabilities for large caliber Naval munitions in Australia. This deal comes as a support measure for ....

MBL Solutions sold to new owners in deal worth USD 4.24 Million

MBL Solutions sold to new owners in deal worth USD 4.24 Million

Date: 2022-07-01Author: Pankaj Singh

Seaham-based MBL Solutions Ltd has reportedly been sold to new owners for USD 4.24 million (£3.5 million). The North East gift card firm is being sold to the Appreciate Group from Liverpool by former parent company Redu Group for a USD 2 mil....

Juul plans to extend stay on FDA ban citing unevaluated evidence

Juul plans to extend stay on FDA ban citing unevaluated evidence

Date: 2022-06-30Author: Saipriya Iyer

American electronic cigarette company Juul Labs Inc is reportedly trying to extend an interim stay on the Food and Drug Administration (FDA)’s ban on e-cigarettes. In a court filing, Juul pointed out that the FDA disregarded over 6,000 pages....