Category: Business
Doha Bank, one of the largest commercial banks in Qatar, has reportedly signed a Memorandum of Understanding (MoU) with Stock Holding Corporation of India Ltd. (StockHolding), to ensure that its global customer base is able to invest in India. Apparently, under this agreement, Doha Bank …
As part of the restructuring, Baxi would be rebranding itself as B-fresh and would be operating as a delivery service. The firm has brought on over 800 delivery executives to its platform and would be delivering dairy & grocery products from more than 2,000 stores. …
OneWeb Ltd, a global communications company that is based in the U.S., has been recently reported to be trying to sell a minority stake in the company to the Russian government. The company aims at launching a constellation of microsatellites that would provide ubiquitous low-latency, high …
Reports suggest that Hemp New Zealand (NZ) is investing several million dollars into NZ Yarn for developing wool blends and other products. Apparently, Hemp NZ would be taking a 15 percent stake, under the deal, and invest several million for installing a fiber processing facility …
Reports confirm that researchers at the University of Limerick (UL) are leading a project worth €8 million for developing next generation battery technology for electric vehicles (EVs). Apparently, Bernal Institute of UL would be leading the research project, known as Si-DRIVE and funded by EU, …
Apple has announced that it would be investing $1 billion to build a new campus in Austin, Texas. Initially accommodating up to 5,000 employees, the 133-acre campus will be situated in North Austin and will have a total capacity for 15,000 employees, the company informed. …
UK fintech company Revolut has reportedly announced that it has been granted a banking license by the European Central Bank (ECB) that would start implementing next year across key markets including France, U.K., Poland, and Germany. Credible sources claim that the license will enable Revolut …
E-commerce giant, Amazon, has recently announced plans to open its first checkout-free store in Britain as it aims to enhance its high-tech experience for shoppers in the country. Sources close to the matter state that the new store will open near London’s Oxford Circus and will …
