India’s Cars24 nabs $400Mn funding, reaches $3.3Bn valuation
The demand for used cars has surged significantly due to constant interruption of supply chains in the automotive sector during the COVID-19 pandemic. Amidst this surge, one of the leading pre-owned c....
India offers huge prospects in EV space, says auto component maker Dana
Dana, a leading supplier of fully integrated drivetrain and electrified propulsion systems in the U.S., has recently said that India offers massive opportunities for the company in the EV sector. The....
D2C platform Purplle acquires cosmetics brand Faces Canada
Indian beauty, skincare and personal care e-commerce platform, Purplle has taken over popular cosmetics brand, Faces Canada. The takeover was followed after the $60 million fund raised by Purplle las....
U.S airlines warn against use of 5G network; says could disrupt flights
U.S based airline carriers have reportedly warned against the use of spectrum for 5G wireless network which might lead to disruption of flights on a regular basis, charging the air passengers almost $....
WHO: Omicron variant spreading faster than earlier COVID strains
The WHO (World Health Organization) has warned that the new Omicron variant is spreading at an accelerated rate compared to earlier strains and has probably reached most of the countries across the wo....
Starbucks seals two outlets in China over food safety violations
American coffee chain, Starbucks has announced closure of two of its outlets in China post suspected use of expired ingredients. This comes following speculations reported by a state-backed newspaper....
Omicron more contagious and weakens vaccine efficacy: WHO report
The new variant of coronavirus termed ‘Omicron’ is said to be more transmissible than the Delta variant and can lessens vaccine's effectiveness, reports the World Health Organization. ....
Tesla gets green light from Indian agencies to launch three new models
Tesla, one of the most popular electric car manufacturers, has received approval from India’s vehicle testing and certification agencies to deploy three additional EV models in the country. Acc....
Whirlpool’s Care CountsTM laundry program to enter South America market
Whirlpool Brand recently announced its first ever international expansion of Care CountsTM laundry program to Columbia, South America in 2022. The program, which was earlier launched in the U.S. in 2....
Boston Consulting partners with Climeworks to strengthen business
Boston Consulting Group, an American global management consulting group, has teamed up with Climeworks, a Swiss company specializing in carbon dioxide air capture technology for developing its busines....
Meta unveils first standalone office in India to train industrialists
In an attempt to scale its operations in India, Social Media Giant, Meta (formerly Facebook) has recently unveiled its new office in the country, which is said to be the very first standalone office o....
Jerónimo Martins introduces training & development centre for disabled
A Portuguese corporate group that operates in food distribution and specialized retail, Jerónimo Martins, has reportedly inaugurated a new training centre intended to assist those with disabili....