ICEA forms committee chaired by HP India MD to boost IT hardware sector

The India Cellular & Electronics Association (ICEA) recently announced the formation of a committee to promote manufacturing and exports of the IT hardware sector. The panel headed by Ketan Patel, HP India’s Managing Director, wil....

Volvo Cars might take full control of its Chinese stake ahead of IPO

Swedish luxury automobile manufacturer Volvo Cars Corporation reportedly signed an agreement with Zhejiang Geely Holding Group to buy out from their decade-long joint ventures to gain complete ownership of its facilities in China. Accordin....

Amazon to stop on-site COVID-19 testing in U.S. warehouses this month

Amazon is reportedly planning to discontinue on-site Coronavirus testing for its warehouse employees in the United States. The retail giant confirmed slowing down the testing by 30th July and will only resume after receiving new guidelines ....

Lamborghini expects sale volumes to hit record highs in India this year

Italian luxury sports car manufacturer, Automobili Lamborghini S.p.A. is reportedly expecting substantial growth in sales volumes in India this year as the carmaker is experiencing a V-shaped upturn in demand after the easing out of COVID-1....

Ford partners with Oreo to develop special packaging for owner’s manual

Ford Motor Company and American sandwich cookie Oreo have teamed up to create special Oreo Thins packages featuring the Ford Maverick pickup truck owner’s manual. The two companies have termed this scheme the “Oreo Thins Protect....

Netflix ventures into video games, hires former Oculus and EA developer

OTT streaming giant Netflix Inc. is reportedly planning to offer games on its platforms at no additional costs. The company has tapped Mike Verdu, a former Oculus and EA game development leader, to spearhead its games division. Verdu will ....

Coca-Cola India to de-emphasize sugary drinks in sports sponsorships

Coca-Cola India Ltd. is reportedly planning to fade out its flagship ‘Coca-Cola’ brand from sports associations and is looking to pitch other products from its portfolio in the country. The decision has been made to reduce risk....

Europe's new climate policy seeks to reduce emissions within a decade

The European Union is reportedly looking to forge ahead with climate policy action among the worlds largest greenhouse gas emitters, with a slew of plans to drastically reduce the emission rates by 2030. Once approved, the policies will en....

Clubhouse partners with TED Talks, brings exclusive chats to platform

This deal will enable TED Conferences to sell ads or brand partnerships without being liable to pay a commission to Clubhouse. TED Conferences LLC reported 1.65 million daily episode downloads worldwide recently. Social media applicati....

Foxconn in talks to develop an electric vehicle plant in Wisconsin

Taiwanese conglomerate Foxconn Technology Group is reportedly in advanced discussions with Wisconsin Economic Development Corporation (WEDC) to build an electric vehicle plant in order to expand income streams. Earlier in May, Foxconn and ....