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AB Inbev kicks off its second attempt of Asia IPO aiming $6.6 billion

Published Date: 2019-09-18         Author: Saipriya Iyer

IPO activities witnessed a slowdown in the first quarter of 2019 owing to several geopolitical tensions like the trade war between China and United States or the intensifying EU, UK Brexit negotiations. Now, however, well-prepared enterprises are either looking for the right window of opportunity to... Read More

Flipkart partners with Japanese firm MINISO ahead of festive season

Published Date: 2019-09-17         Author: Pankaj Singh

Festivals in India are a key point of market growth for companies. The festive season attracts a lot of companies to invest in various market landscapes of the country, particularly multinational and foreign companies. This further leads to various collaborations between foreign companies and Indian... Read More

Japan Airlines Co to potentially buy stake in Malaysia Airlines Berhad

Published Date: 2019-09-16         Author: Saipriya Iyer

There have been serious talks for Japan Airlines to pursue interest in buying a stake in the Malaysian airlines amid close ties among the governments of the countries. Malaysia has been looking for a greater number of deals with Japan which ranges from asset sales to bond issuance. Japan A... Read More

Spotify acquires New York-based music production platform SoundBetter

Published Date: 2019-09-14         Author: Pankaj Singh

Spotify would be integrating the music production platform’s services with Spotify for Artists, a tool that offers musician several services such as analytics. Spotify Technology SA, a Swedish media service that offers podcasts and DRM-protected music from media companies and record labels,... Read More

Schneider unveils EcoStruxure in India to drive oil and gas efficiency

Published Date: 2019-09-13         Author: Pankaj Singh

Using Schneider Electric’s EcoStruxure can lead to better returns on the capital employed, along with a 20% reduction in CapEx and 15% downtime reduction. Schneider has teamed up with Microsoft to build commercial solutions from internet of things (IoT) in the field of automation and ener... Read More

Rivian receives $350 million from the Atlanta-based Cox Automotive

Published Date: 2019-09-12         Author: Pankaj Singh

This is the third biggest investment for the company, following the $500 million and $700 million funding round this year. Rivian Automotive, an American automaker specialized in developing sustainable transport, has managed to secure $350 million from Cox Automotive, an Atlanta-based a... Read More

Fitness startup Peloton looks to raise over $1.1 billion under its IPO

Published Date: 2019-09-11         Author: Pankaj Singh

The company generated revenues of $915 million in its most recent financial year, which is more than double of what the company had posted in the year previous.   The company had sought to raise approximately $500 million when it filed paperwork for its IPO, but these initial amounts usu... Read More

Adevinta’s Leboncoin to acquire French insurance firm Argus Group

Published Date: 2019-09-10         Author: Pankaj Singh

The acquisition would benefit the Leboncoin Group, subsidiary of Adevinta, to bolster its dominance on the French automobile market. The deal is expected to be closed by the end of October 2019. Adevinta, a renowned online classifieds company, has recently announced that it has inked... Read More

PLDA attains PCI Express® 4.0 Compliance for its XpressRICH™ Controller IP

Published Date: 2019-09-09         Author: Pankaj Singh

The successful completion of the Compliance Certification offers PLDA’s PCIe designer immense assurance, with the company’s XpressRICH IP ticking every checkbox required in the PCIe 4.0 and PCIe 3.0. PLDA SAS, the market expert in data interconnect solutions and PCI Express® IP, r... Read More

NYC sues T-Mobile over practices that broke consumer protection laws

Published Date: 2019-09-07         Author: Pankaj Singh

New York City's Department of Consumer and Worker Protection (DCWP) is stated to have recorded over 2,200 violations done by T-Mobile across 56 Metro stores located in all five boroughs in the city.   T-Mobile supposedly overcharged its consumers, sometimes subscribing them to expen... Read More

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