About Author
Saipriya Iyer
Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i
Contribution by Saipriya Iyer
Reliance announces General Atlantic’s $500M investment for 0.84% stake
Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, has reportedly announced an investment of ?3,675 crore (nearly $500 million) by General Atlantic. On a fully diluted basis, the investment will translate into an equity stake of 0.84% in Reliance Retail. As per the pre-money equit... Read More
South Korea’s IBK launches an AI-based review system for real estate
IBK (Industrial Bank of Korea), a renowned Korean industrial bank, has reportedly launched its new AI-based real estate review system known as ‘AI Real Estate Automatic Review System’. This would be the first such review system launched in South Korea. The bank unveiled the system on 22n... Read More
UK housing industry at its four year high according to estate agents
Stamp duty cuts and an upsurge in the demand for homes having gardens during the pandemic, has reportedly fueled the housing industry to its highest in the past four years, as per the estate agents and surveyors. Over 44% members of RICS’ (Royal Institute of Chartered Surveyors) have regist... Read More
Sydney share-trading firm Superhero secures over $8 million in capital
Superhero, an emerging Sydney-based share trading startup, has reportedly made its entry into the market with over $8 million in capital secured from some of Australia’s largest tech firms. The $8 million investment round was led by the chief and founder of BNPL fintech firm, Zip, Larry Dia... Read More
Hanmi Pharma’s Oraxol receives priority review designation from US FDA
Hanmi Pharmaceuticals, a renowned South Korean pharmaceutical firm, has reportedly announced that its new oral anticancer drug, Oraxol, has been assigned the priority review designation by the United States Food and Drug Administration (US FDA). Speaking on the same, Athenex, partner of Hanmi sta... Read More
Lewis Road to sell milk with added collagen due to healthy food demand
New Zealand-based dairy company Lewis Road Creamery is reportedly planning to add collagen in its fresh milk products in order to cater to the growing functional food demand. As per the trusted sources, the company will acquire collagen from Jeuneora, a company that specializes in producing premi... Read More
Sony creates signup page for customers to pre-order PlayStation 5
Sony, a multinational conglomerate corporation, has reportedly opened a signup page for customers to pre-order its highly anticipated PlayStation 5. As per reliable sources, the existing customers can make the pre-order reservation through the signup page, where the company will select them on th... Read More
US energy firms shut 57.6% of crude oil production due to storm threat
Energy firms in the Gulf of Mexico in the U.S. have reportedly shut 57.6% or 1.07 BPD (barrels per day) of their offshore crude oil production. As per the recent statement made by the U.S. government, the crude oil production has been temporarily shut due to the formidable twin-threats arising from ... Read More
Boeing announces 2nd round of employee buyouts amid COVID-19 crisis
Boeing Co., an American aerospace company, has recently announced that it will offer buyouts for the 2nd time for its employees due to the ongoing crisis posed by the COVID-19 outbreak. The aerospace company has reportedly cited that the aviation industry as well as the customers have been facing... Read More
POSCO to demonstrate NOx reduction by adopting plasma vaporizers
POSCO ENERGY has recently announced its collaboration with Gisco and Korea Institute of Machinery & Materials to jointly demonstrate nitrogen oxide (NOx) reduction. This will be demonstrated by using plasma vaporizers, which will mark POSCO as the 1st domestic power generation company to apply p... Read More