The two companies want to build data centres across India that are ready for heavy AI work. These facilities will use high-density and energy-efficient systems. This will allow businesses and the government to run large AI programs while using less power. Europe-based Submer will provide its
Under the agreement, the two companies plan to establish an aircraft assembly line in India and collaborate across multiple segments of the aeronautical value chain.
US President Donald Trump bought more than USD 1 million worth of corporate bonds from Netflix and Warner Bros. Discovery, days after the two companies' deal, under which Netflix is to acquire WB's studios and streaming businesses.
The CBI had registered the case on July 14, 2020, following a complaint from Canara Bank's Circle Office in Karnal, Haryana. It was alleged that the accused, acting in criminal conspiracy, dishonestly and fraudulently obtained credit limits and loans amounting to Rs 152 crore and siphoned
South Korean battery materials manufacturer L&F Co. announced on Monday that its major contract to supply cathode materials to Tesla has been reduced to nearly zero. The total value of the deal dropped from 3.83 trillion won (USD 2.68 billion) to just 9.73 million won (USD 6,808), effectivel
Samsung SDI and KG Mobility entered into a strategic alliance to create cylindrical battery packs for future electric vehicles. This partnership aims to help both companies gain a strong position in the growing market for advanced electric cars. As per a report by Pulse, the English service
AM Green and Mitsui & Co. Ltd. (Mitsui) have signed a Memorandum of Understanding (MoU) to explore a strategic partnership. According to a press release, the two companies plan to look into energy transition projects and potential ways to invest in low-carbon aluminium.
LG Energy Solution has signed a deal worth around 2 trillion won (USD 1.4 billion) with Mercedes-Benz Group AG to supply electric vehicle (EV) batteries, deepening the partnership between the South Korean battery maker and the German automaker. The agreement, valued at 2.06 trillion won, mar
Mumbai (Maharashtra) [India], October 29: True North Private Credit announced an investment of INR 360 Cr in Innova Rubbers Private Limited ("Innova") and Vee Tee Auto Manufacturing Company Private Limited ("Vee Tee"). The investment proceeds will be used towards the consolidation of the pro
Airbus Helicopters has awarded a contract to Mahindra Aerostructures Pvt. Ltd. (MASPL), as an additional source, to manufacture the main fuselage of the best-selling H125 helicopter, significantly deepening the partnership between the two companies and boosting 'Make in India' in rotorcraft
Bengaluru (Karnataka) [India], June 30: Bengaluru-based SatSure, a full-stack satellite Earth Observation (EO) and Decision Intelligence company, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Hyderabad-based Dhruva Space, a leading full-stack Space solutions
The Israeli government on Sunday approved the proposal to authorise two companies to prepare national infrastructure plans for large-scale photovoltaic (solar energy) projects, and to submit them to the National Planning and Construction Committee.