Wipro and Pandorum Technologies partner to develop regenerative medicines

Pandorum Technologies, a leading biotechnology firm working towards regenerative medicine and tissue engineering, has announced a long-term partnership with Wipro to speed up the development of regenerative medications with the help of Arti....

NHS to replace two Belarus-made products to show resistance amid war

With Russia’s invasion of Ukraine at its foremost peak, the world is showering its support by halting services and banning products of all those in support of Russia’s attack. NHS National Services Scotland (NSS) has reportedly....

Citigroup to hire 900 employees for commercial banking unit in APAC

Citigroup Inc. has announced hiring 900 new employees for its commercial banking unit in Asia Pacific in the coming three years. A huge segment of the new hires will be reportedly directed towards the APAC business of the U.S bank as it esc....

Xcel Energy promotes electric vehicle adoption in New Mexico

The electric services company will offer charging, installation, rental, and maintenance services for residential EV owners Xcel Energy, one of the biggest power providers in New Mexico is offering residential customers “at home elec....

Indian metal industry could reap benefits from Russia-Ukraine war: Analysts

While the rest of universe anticipates adverse impact of the recent Russian invasion of Ukraine, analysts believe that somehow Indian metal companies stand to gain from the conflict. Russia was levied with harsh sanctions from major econom....

Lotte Food & Lotte Confectionary plan collaboration to boost business

Lotte Foods and Lotte Confectionery are planning to collaborate to increase profits of their ice cream business by cutting costs in retailing and production. The news allegedly comes two years after Lotte Confectionary’s key competit....

Kia declares roadmap 2030; announces the launch of ‘Automode’ feature

Kia Motors, at the 2022 Investors Day meet, declared manufacturing 14 fully electric vehicles by 2027, along with promising sales of 1.2 million Electric Vehicles through 2030. The car manufacturing conglomerate has also unveiled that its ....

PAL, IBS Software unite to offer digital solutions to transform staff travel

Philippine Airlines (PAL) along with its regional associate PAL Express (PALex) have announced collaborating with IBS Software to endow their workers with a brand new, completely digital system to manage and book staff travel. As per repor....

Oil prices rise by 7% as global crude reserve announcement disappoints

Russia’s invasion of Ukraine is not only affecting the latter but is dismantling the entire world’s economy. The oil prices have increased over 7 per cent, highest since 2014 amidst the war and the international agreement to rel....

Tech Mahindra to launch TechMVerse to revamp customer experience

The leading IT company Tech Mahindra has recently launched TechMVerse, the company’s Metaverse platform to provide their customers with immersive and interactive experiences in the era of Metaverse. Tech Mahindra, with an aim to reva....