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Latest

Exxon brings cloud to shale oil industry by partnering with Microsoft
Energy and power
Saipriya Iyer Date: February 25, 2019

Exxon brings cloud to shale oil industry by partnering with Microsoft

The partnership is reported to be centered around the Permian Basin, where Exxon is focusing most of its energy to accelerate its stagnant oil production. In an effort to maximize profits from the....
Medtronic introduces Deep Brain Stimulation therapy for epilepsy in US
Healthcare
Saipriya Iyer Date: February 22, 2019

Medtronic introduces Deep Brain Stimulation therapy for epilepsy in US

Medtronic plc has recently confirmed the U.S. commercial launch of Deep Brain Stimulation (DBS) therapy for medically-refractory epilepsy and also announced the first commercial implant in a patient a....
AstraZeneca & NASSCOM tie up to form accelerator program in healthcare
Healthcare
Saipriya Iyer Date: February 23, 2019

AstraZeneca & NASSCOM tie up to form accelerator program in healthcare

Both the organizations would incubate startups in creating frugal and innovative solutions to manage non-communicable diseases in India The British-Swedish multinational biopharmaceutical giant Ast....
Haldor Topsøe leads project to explore ammonia as gasoline alternative
Energy and power
Pankaj Singh Date: February 22, 2019

Haldor Topsøe leads project to explore ammonia as gasoline alternative

Reports confirm that Haldor Topsøe, a global leader in electrolysis and production of ammonia, is leading a new research project to explore the potential of ammonia as a CO2-free fuel to be used inst....
SA Water grants $304M contract to construct a 154MW solar project
Energy and power
Saipriya Iyer Date: February 21, 2019

SA Water grants $304M contract to construct a 154MW solar project

South Australia-based SA Water has reportedly awarded a framework agreement contract worth $304 million to South Australian energy company Enerven, for the deployment of 154 MW (megawatts) new solar p....
GM to invest $36m in Lansing plant for expanding crossover portfolio
Manufacturing
Saipriya Iyer Date: February 20, 2019

GM to invest $36m in Lansing plant for expanding crossover portfolio

General Motors has recently announced that the company would invest $36mn for future crossover production in its plant at the Lansing Delta Township. This facility allegedly builds Buick Enclave SUVs ....
SECI invites bids for floating solar & battery storage at Lakshadweep
Energy and power
Saipriya Iyer Date: February 19, 2019

SECI invites bids for floating solar & battery storage at Lakshadweep

The deadline for bid submissions is April 1 this year The company also aims to kick off domestic content scheme by February 28 Solar Energy Corporation of India (SECI), a company of the ....
Saudi Aramco bond likely to include BNP, StanChart as co-managers
Energy and power
Pankaj Singh Date: February 18, 2019

Saudi Aramco bond likely to include BNP, StanChart as co-managers

BNP Paribas SA and Standard Chartered Plc are among the handful of banks which would probably be added as co-managers for the landmark international bond sale of Saudi Aramco, stated sources with the ....
Vor raises $42M in Series A round, develops HSC-based therapy pipeline
Healthcare
Saipriya Iyer Date: February 16, 2019

Vor raises $42M in Series A round, develops HSC-based therapy pipeline

RA Capital Management and 5AM Ventures reportedly led the financing round Vor Biopharma, a Boston-based company focused in advancing cell-therapies in hematology-oncology, recently announced that i....

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