Karma introduces B2B electrification programme for commercial operators

Karma Automotive, an American manufacturer of electric vehicles, has recently unveiled a new B2B electrification programme called "Powered by Karma" to assist commercial operators to electrify their fleets more swiftly. The new b....

UAE’s Tabreed acquires additional stake in district cooling scheme

UAE-based central cooling company, Tabreed has secured 50% additional stake in the exclusive 80,000 refrigeration ton direct cooling project that supplies to the Al Maryah Island in Abu Dhabi. According to a statement by Tabreed, the deal ....

Samsung Group to invest $205Bn by 2023; to create 40,000 new jobs

South Korean multinational manufacturing company, Samsung Group has recently revealed a $205 billion investment plan targeted at building the company as a leader in various technological domains such as semiconductors and robots, further cr....

DeepSig opens new headquarters in Virginia to meet expansion needs

DeepSig Inc.- a leading name in artificial intelligence and machine learning in wireless communications has reportedly announced the establishment of its new headquarters in Virginia. Based near its 5G Wireless AI Lab, the new headquarters....

Just Eat to offer 1,500 new job openings at its Sunderland office

British online food order and delivery service, Just Eat have recently revealed plans to open a customer care center in northeast England, employing 1,500 people and retaining jobs back from India and Bulgaria. Just Eat claims that it woul....

Toutche Electric seeks to invest $15Mn to ramp up e-bike production

Toutche Electric, a manufacturer of electric bikes in India, has recently unveiled plans to invest approximately $15 million in the coming 2-3 years for speeding up the manufacturing of its electric bikes. In an interview, Raghu Kerakatty,....

CSS Corp. to recruit 2,000 employees by end of fiscal year 2022

The firm has already hired employees across India, the Philippines, Costa Rica, China, and the U.S. IT services and tech support solutions provider, CSS Corp. has successfully crossed the employee-mark of 10,000 this month, doubling its wo....

Saudi Healthtech firm Clinicy banks huge funds in pre-Series A round

Clinicy, an innovative healthtech firm based in Saudi Arabia, has roped in a seven-figure funding from Mad'a Investment Company, a private equity firm headquartered in Riyadh. While the specific amount of the investment is undisclosed, ....

MiSalud to launch digital health & wellness platform for Hispanics

The COVID-19 pandemic has drawn light to some key challenges faced by Hispanic communities in the U.S. to access healthcare services. Aiming to offer personalized health services to these communities, digital healthcare platform MiSalud Inc....

NHTSA to enforce heavy fines on automakers over emission mandates

The National Highway Traffic Safety Administration (NHTSA) has recently stated that it plans to impose increased penalties for automakers that have failed to achieve fuel economy standards in recent years. A move that could cost the industr....