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Lucid Group and Aston Martin to form an electric vehicle partnership-thumnail

Lucid Group and Aston Martin to form an electric vehicle partnership

Aston Martin would issue around 28.4 million additional ordinary shares and pay Lucid about $232 million in staged cash payments under the proposed deal, making Lucid a 3.7% shareholder in the automaker.

Business

Jun 26, 2023

According to a senior executive, LinkedIn plans to employ generative AI more often to create and publish content-thumnail

According to a senior executive, LinkedIn plans to employ generative AI more often to create and publish content

LinkedIn is using generative AI more and more on its platform. A firm spokesman claims that users will soon be able to use AI to quickly write pieces that they

News

Jun 26, 2023

Despite Layoffs, IT  Professionals Are Decreasing Their Compensation Expectations In Favour Of A Better Work-Life Balance-thumnail

Despite Layoffs, IT  Professionals Are Decreasing Their Compensation Expectations In Favour Of A Better Work-Life Balance

With regard to compensation and work-life balance, tech workers are displaying a change in patterns. Hundreds of thousands of workers lost their employment as a result of mass layoffs at internet corporations.

Business

Jun 26, 2023

The Dominance of Fossil Fuels Persists as Global Energy Demand Rises in 2022: Statistical Review of World Energy-thumnail

The Dominance of Fossil Fuels Persists as Global Energy Demand Rises in 2022: Statistical Review of World Energy

The recently published Statistical Review of World Energy report, jointly authored by the Energy Institute, KPMG, and Kearny, highlights the energy landscape in 2022. Despite record growth in renewable energy capacity, fossil fuels maintained their dominant position, accounting for 82% of the global energy supply. This article provides an overview of key findings from the report, emphasizing energy consumption, the state of oil, natural gas, coal, renewables, and greenhouse gas emissions.

News

Jun 26, 2023

As Tokyo cranks up chip action, a Japanese fund is eyeing a JSR purchase-thumnail

As Tokyo cranks up chip action, a Japanese fund is eyeing a JSR purchase

JSR Corp’s board of directors will meet on Monday to discuss a potential multibillion-dollar purchase by a government-backed fund, signaling further state participation in efforts to revitalize Japan’s semiconductor industry.

Business

Jun 26, 2023

Epsilon Advanced Materials to invest $650 million in US-based electric battery unit-thumnail

Epsilon Advanced Materials to invest $650 million in US-based electric battery unit

Epsilon Advanced Materials (EAM) has made a staggering announcement, revealing its plans to invest a mind-boggling $650 million in the establishment of an exceptional electric vehicle battery components facility within the United States. This visionary company aims to construct a state-of-the-art synthetic graphite anode manufacturing facility, boasting an impressive production capacity of 50,000 tons per annum (TPA). The primary goal of this facility will be to supply high-capacity anode materials, all of which will be produced using innovative green technologies.

Investment & Funding

Jun 26, 2023

Rohit Jawa to take over CEO & MD Hindustan Unilever tomorrow-thumnail

Rohit Jawa to take over CEO & MD Hindustan Unilever tomorrow

Jawa’s leadership as chairman of Unilever Philippines propelled the business into the illustrious realm of being one of the top 10 markets for the multinational corporation. Similarly, during his tenure

News

Jun 26, 2023

Amitabh Bachchan ventures into AI; partner with Ikonz Studio-thumnail

Amitabh Bachchan ventures into AI; partner with Ikonz Studio

Ikonz enjoys the backing of Village Global, a distinguished venture capital firm bolstered by the visionary support of luminaries such as Mark Zuckerberg, Bill Gates, Jeff Bezos, and Mike Bloomberg.

News

Jun 26, 2023

Amazon and Google plan to increase their investments in India following Modi’s visit-thumnail

Amazon and Google plan to increase their investments in India following Modi’s visit

Amazon and Google have committed to increasing their investments in India as the internet titans attempt to accelerate expansion in a critical region.

Business

Jun 26, 2023

Shree Cement shares slump 10% on tax evasion reports-thumnail

Shree Cement shares slump 10% on tax evasion reports

As per sources quoted by the media group it was claimed that Shree Cements had been diverting a substantial amount of Rs 1,200-1,400 crore annually through fraudulent means resulting in significant revenue losses for both the central and state governments. These losses were attributed to what was described as “fake agreements”.

Finance

Jun 26, 2023

Indian stock indices show a marginal rise during the morning trading session-thumnail

Indian stock indices show a marginal rise during the morning trading session

Somber global cues have largely cast a shadow on market sentiment and encouraged profit-taking across various global markets, including India. It is worth noting that Indian stock indices reached their zenith last week, buoyed by encouraging economic indicators encompassing inflation, GDP, and investment outlook.

News

Jun 26, 2023

Deepinder Goyal, Nikhil Kamath, and others contribute $2 million to sneaker reseller Mainstreet Marketplace-thumnail

Deepinder Goyal, Nikhil Kamath, and others contribute $2 million to sneaker reseller Mainstreet Marketplace

Deepinder Goyal, Nikhil Kamath, and others contribute $2 million to sneaker reseller Mainstreet Marketplace

Investment & Funding

Jun 26, 2023


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