About Author : Pankaj Singh

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with a course in Digital Marketing. He currently pens down valuable insights on articles pertaining to business, technology, and trade and finance for Business NewsUpdate and other news portals.

Contribution by Pankaj Singh

Foxconn teams up with NXP Semiconductors to manufacture EV platforms

The iPhone assembler Foxconn has diversified into EVs and semiconductors since its partnerships with US startup Fisker Inc. and Indian behemoth Vedanta Ltd. Foxconn is also planning to provide parts or services to 10% of the world's electric...

Ola Electric to set up USD 500 million EV battery R&D unit in Bengaluru

Ola Electric Mobility is reportedly planning to invest USD 500 million in Bengaluru to establish a Battery Innovation Centre (BIC) which could be the world's largest and most sophisticated cell R&D facility with over 165 unique and cutting-ed...

Coal India's capex grows 65% to USD 30.34 billion in June quarter

Coal India Ltd. (CIL) has reportedly ramped up its capital expenditure (capex) by 64.8% to USD 30.34 billion in the June quarter of 2022-2023 from USD 18.41 billion in the previous year. This was primarily due to improved spending on land acquisition...

MarketWolf bags USD 10 million in funding to expand its product suite

The latest fundraising was spearheaded by Jungle Ventures as well as Dream Capital. MarketWolf has managed to raise USD 17.4 million in funding to date. MarketWolf, a stock trading platform, has reportedly secured USD 10 million in a fresh ...

Dalrada, Banyan Infrastructure partner to create ESG banking solutions

Dalrada Energy Services (DES) is reportedly teaming up with software firm Banyan Infrastructure to offer advanced and secure cloud-based software-as-a-service (SaaS) solutions as well as strengthen banking transparency for projects focusing on enviro...

Amazon launches its first fully autonomous warehouse robot Proteus

Amazon has reportedly launched its first fully autonomous mobile robot which is predominately created to transport huge containers across its warehouses. The robot, called the Proteus, is unlike some of the retailer’s earlier robots that it kep...

Air India to buy 300 planes to regain market share under new ownership

Air India Ltd. is reportedly contemplating placing one of the largest orders in commercial aviation history, of up to 300 narrow-body aircraft as the formerly state-run airline prepares to modernize its fleet under Tata’s supremacy. Sources ...

ShareChat parent Mohalla Tech raises USD 78 Mn Series H funding

Mohalla Tech, the parent company of social media platform ShareChat, has reportedly secured a series H round of USD 78 million at a valuation of USD 4.9 billion. The round was initiated by Singapore-based Temasek Holdings and Google’s parent Al...

Facebook app likely to undergo major redesign to better compete TikTok

Several Meta executives including Facebook CEO Mark Zuckerberg have long made it clear that outshining short-video platform TikTok is their current priority. To that effect, the social networking giant is now planning for a major redesign of the Face...