Etihad Airways’ cargo and logistics arm, Etihad Cargo has reportedly appointed Wallenborn Transports as its RFS (road feeder service) partner for Europe for expanding its scheduled as well as specialized services across 27 countries. Apparently, this move will facilitate the transportation of the cargo between the main European gateways of Etihad Cargo, including Paris, Amsterdam, and Frankfurt, and offline stations. It has been revealed that Etihad Cargo's customers would be benefiting from the complete transparency offered by integrated telematics technology.
Epsilon Advanced Materials (EAM), a leading battery material firm, has reportedly disclosed its plans to invest $650 million in establishing a synthetic graphite anode production plant in the U.S. According to the report, the unit is the company's first investment across the United States and is anticipated to be operational by 2026, creating more than 1,500 direct and indirect employment opportunities. By 2031, it is anticipated to operate at full capacity, resulting in an estimated $500 million in revenue. Ap
Kotak Institutional Equities has reportedly upgraded the Jindal Steel and Power shares from ‘reduce’ to ‘buy’ while raising its fair value from Rs 580 to Rs 740. As per the brokerage firm, a sector-leading growth profile coupled with the robust balance sheet is making a strong case for the re-rating. Apparently, on the BSE, the stock opened 5.8% higher at Rs 576.55. Kotak compared the four enlisted integrated steel companies on the basis of 10 metrics, spanning operational
Japan's Sumitomo Mitsui Banking Corp., alongside Asian Infrastructure Investment Banks and Intermediate Capital Group, a private equity company, has reportedly committed to investing $250 million in Amp Energy India, according to Pinaki Bhattacharyya, the CEO and Managing Director of Amp Energy. According to reports, the sale will be publicly disclosed soon, and the funds will be utilized to finance the company's expansion goals. India's prospective clean energy efforts have caught the attention of international inves
Tata Power Renewable Energy Limited (TPREL), Tata Power’s subsidiary, has reportedly commissioned a 110-MW solar power facility that will deliver electricity to the Kerala State Electricity Board (KSEB). As per sources, the project would be based in Bikaner, Rajasthan. Apparently, the project is expected to generate around 211 million units of power each year, resulting in a significant decrease of 258,257 metric tons of carbon footprint. According to the company, 2,59,272 mono-bifacial PERC half-cell modules were deployed
Global content and technology firm, Thomson Reuters is reportedly bringing forward its vision of redefining the road ahead for professionals using generative artificial intelligence (AI). Apparently, Thomson Reuters, in a period of accelerated global innovation, is at the vanguard, assisting its clients in maximizing the potential of content-driven AI technology to automate workflows, deliver insightful data, and increase efficiency. The firm is also introducing a new plugin with Microsoft 365 Copilot, which is Microsoft's advance
H.H. Sheikh Abdullah bin Zayed Al Nahyan, the well-known U.A.E. Minister of Foreign Affairs & International Cooperation, and the Rt Hon James Cleverly MP, the U.K. Secretary of State for FCDO (Foreign, Commonwealth and Development Office), led the first-ever U.K.-U.A.E. Strategic Dialogue in London. Apparently, the U.A.E. delegation was headed by Sheikh Abdullah bin Zayed and included various high-ranking officials from different fields. For the unversed, the Strategic Dialogue is a continuation of the ‘Partnership for the Future&
Trellix, a US based cybersecurity company offering advanced XDR (extended detection and response) services, has reportedly announced a collaboration with Intel 471, a premiere cybercrime intelligence provider, to expand its Threat Intelligence portfolio.  Joseph Tal, Senior VP of Trellix Advanced Research Center, was quoted saying that threat intelligence is vital to cyber defense as it serves as the source of truth for cybersecurity workers. As understanding the adversaries in a highly dynamic system requires   24*7 insights customized to company’s particu
American EV giant, Tesla, Inc., has reportedly announced that it delivered more than 422,875 Tesla EVs in the first financial quarter (Q1) of 2023, beating Wall Street estimates by almost 3,000 units. The carmaker also produced over 440,808 EVs during the same period, breaking both of its previous delivery as well as production records. As per reports, during the fourth financial quarter (Q4) of 2022, Tesla managed to deliver over 405,278 vehicles, while hitting the 439,701 mark in terms of units produced. While these Q4 deliveries were also considered record breakers for