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

OYO Rooms completes its USD 5.5 million Direct Booker acquisition

Multinational hospitality chain OYO Rooms has reportedly acquired a Europe-based company, Direct Booker, for USD 5.5 million which has over 3,200 vacation homes and catered to over 2 million customers. The acquisition aims to strengthen OYO’...

Aston Martin reveals Racing Green strategy for electrification by 2030

British automotive giant Aston Martin has announced its plans for electrification, calling it the Racing Green strategy. In 2024, the automaker plans to become a PHEV-focused brand, with fully electric vehicles following in 2025, although the company...

PG&E to unveil three pilot programs to test bidirectional EV chargers

Pacific Gas and Electric Company (PG&E) has reportedly planned to develop three pilot programs to study how bidirectional EV charging technology can supply power to the electric grid. The company will examine bidirectional charging technology ...

California governor signs crypto executive order to embrace blockchain

The Governor of California Gavin Newsom has reportedly signed an executive order on cryptocurrencies, setting out a detailed plan for regulatory and consumer protections as well as looking into how the state may benefit from the blockchain and digita...

Stellantis planning to acquire Mercedes-BMW car-sharing joint venture

According to sources close to the situation, Stellantis N.V. will soon acquire Mercedes and BMW’s car-sharing venture called Share Now. This is the latest shakeup in the automotive industry as carmakers race to make mobility services profitable...

Google makes USD 100,000 worth of certified courses free for U.S. firms

Alphabet Inc.-owned Google is reportedly planning to provide any U.S. business with over USD 100,000 worth of certified online courses in various fields such as data analytics, design, and other tech skills for their workers at zero cost. Interest...

German automakers face uphill struggle to achieve greener mobility

Automakers in Germany are reportedly facing difficulties amid plans to make a significant shift towards green powertrain technologies. Sources with knowledge of the matter have claimed that the dependence of auto manufacturers on non-renewable sou...

Tata motor plans to bring in multiple EVs for buyers across segments

According to a top company official, Tata Motors Ltd. is planning to provide a vast assortment of electric vehicles at various price points, with multiple body styles and amenities, to cater to a wide spectrum of customers across segments. The dom...

Drone maker ideaForge raises Series B funding of USD 20 Million

Indian drone manufacturer ideaForge Technology Pvt. Ltd has reportedly secured a Series B funding of USD 20 million led by Florintree Advisors, spearheaded by Mathew Cyriac. The round also witnessed participation from current investors like Celesta C...