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Latest

Adani Wilmar acquires multiple brands to bolster food business
Food
Pankaj Singh Date: May 04, 2022

Adani Wilmar acquires multiple brands to bolster food business

Adani Wilmar Limited (AWL) has reportedly acquired multiple brands, including the well-known brand Kohinoor, from McCormick Switzerland GMBH to reinforce its food business leadership. The acquisiti....
Amazon to pose fierce competition to SpaceX in satellite internet biz
Technology
Saloni Walimbe Date: May 02, 2022

Amazon to pose fierce competition to SpaceX in satellite internet biz

E-commerce major Amazon has plans to provide satellite internet services using 3,236 satellites in low Earth orbit through Project Kuiper. The tech giant inked a multibillion-dollar contract in Apr....
Rivian’s EDA for Georgia manufacturing plant receives JDA approval
Manufacturing
Pankaj Singh Date: April 29, 2022

Rivian’s EDA for Georgia manufacturing plant receives JDA approval

Rivian Automotive Inc. reportedly gets its EDA (Economic Development Agreement) approved by the JDA (Joint Development Authority) for its forthcoming manufacturing plant in Georgia. The JDA preside....
Anaergia commissions first renewable natural gas facility in Italy
Energy and power
Pankaj Singh Date: April 28, 2022

Anaergia commissions first renewable natural gas facility in Italy

Anaergia Inc has reportedly announced the official commissioning of its Easy Energia Ambiente plant in Pontinia, Italy. The advanced facility can anaerobically absorb nearly 36,450 tons of organic ....
CapVest takes over non-GMO nutrition snacks brand Second Nature Brands
Food
Saloni Walimbe Date: April 27, 2022

CapVest takes over non-GMO nutrition snacks brand Second Nature Brands

Leading international private equity investor CapVest Partners LLP has announced acquisition of Second Nature Brands, a Michigan-based snack brand, thanks to the private equity funds infused by Pallad....
GE to 3D print concrete parts of wind turbine towers at new facility
Energy and power
Pankaj Singh Date: April 26, 2022

GE to 3D print concrete parts of wind turbine towers at new facility

The technology-intensive project is intended to reduce transportation costs for GE American multinational giant, GE (General Electric) has reportedly launched a new research facility with the prima....
NHS is paying USD 2.54 Bn to private hospitals for mental healthcare
Healthcare
Pankaj Singh Date: April 25, 2022

NHS is paying USD 2.54 Bn to private hospitals for mental healthcare

The National Health Service (NHS) is reportedly paying close to USD 2.54 billion (£2 billion) to private hospitals for mental healthcare services to provide beds to these institutions. The in....
Compass Minerals sells S. America chem business to Cape’s subsidiary
Chemicals
Saloni Walimbe Date: April 22, 2022

Compass Minerals sells S. America chem business to Cape’s subsidiary

Compass Minerals, a leading provider of essential minerals, has reportedly sold its South America-based chemicals business to Cape Acquisitions LLC’s subsidiary. The sale comprises all the rest ....
Loop raises Series B round of $25 Mn to drive product dev, sales growth
Healthcare
Pankaj Singh Date: April 21, 2022

Loop raises Series B round of $25 Mn to drive product dev, sales growth

Pune-based insurance and healthcare startup Loop has reportedly secured a Series B round of USD 25 million to drive product development, sales growth, and grow its employee base. This round was co-le....

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