About Author : Hrishikesh Kadam

Hrishikesh Kadam

A graduate in electronics and telecommunication engineering, Hrishikesh Kadam has always found writing fascinating. Driven by a never-ending passion for content creation combined with a bit of experience in writing personal blogs, Hrishikesh blends his technical knowledge and expertise to pen down articles for Business NewsUpdate and similar news portals.

Contribution by Hrishikesh Kadam

Merck to acquire Acceleron and its sotatercept treatment for $11.5Bn

Merck, a German science and technology company, has recently announced plans to invest over $11.5 billion to acquire Acceleron Pharma and its potential high blood pressure treatment, sotatercept. The company will reportedly pay $180 per share in cash...

AstraZeneca to acquire Caelum Biosciences in USD 500 million deal

Pharmaceutical major AstraZeneca plc will reportedly acquire Caelum Biosciences in a potential USD 500 million deal to further expand its rare disease drug division. The latest deal also gives the company access to a lucrative rare disease drug bein...

EU pushes to standardize USB-C ports for mobile device charging

The EU (European Union) has reportedly proposed rules to make USB-C ports as standard on tablets, smartphones, handheld video game systems, cameras, and portable speakers. The move will be a setback for Apple Inc, which uses its in-house Lightning p...

Ford partners with EV battery recycling startup Redwood Materials

To accelerate its electrification efforts, Ford Motor Co. has reportedly partnered with a battery recycling startup called Redwood Materials. The duo will work on developing a circular supply chain for EV batteries, right from procuring raw materials...

Honda expects 70,000 annual Prologue EV sales in the U.S. from 2024

Honda and General Motors have jointly developed the Prologue EV. The automaker intends to sell 100% zero emission vehicles by the year 2040. The U.S. division of Honda Motor Co. has reportedly set a sales target of 70,000 units for the electric ...

SILS partners with Biocon Biologics to boost access to vaccine doses

The Board of Directors of BBL (Biocon Biologics Limited), a subsidiary of Biocon Ltd. has reportedly announced a partnership with SILS (Serum Institute Life Sciences Private Limited) by approving the merger of CTPL (Covidshield Technologies Private L...

Amazon to hire 125,000 employees at increased hourly wage in the U.S.

Online retailing giant Amazon is reportedly planning to hire around 125,000 staff in the United States whose starting pay is likely to be between USD 18 and USD 22.5 per hour. The new positions consist of full-time and part-time jobs in Amazon&rsquo...

Pine Labs joins hands with OneCard to offer interest-free EMI options

OneCard credit cardholders to get zero interest EMI options. The service will be available across 2,70,000 Pine Labs PoS outlets throughout India. Leading merchant commerce platform, Pine Labs has joined hands with exclusive mobile-based credit ...

SpaceX to launch all-civilian crew flight into Earth’s orbit for 3 days

SpaceX is officially entering the space tourism industry with the upcoming launch of four people into space this Wednesday for three days, making this the first mission to orbit with only private citizens on board. The "Inspiration4" missi...