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Lucid Group to build its first plant outside U.S. in Saudi Arabia

Lucid Group to build its first plant outside U.S. in Saudi Arabia

by Puja More Published: Just now

American electric vehicle manufacturer Lucid Group Inc has reportedly planned to build its first plant outside the United States in Saudi Arabia. The manufacturing plant will have the capacity to m

Candle Media to acquire media company ATTN: for USD 100 Million

Candle Media to acquire media company ATTN: for USD 100 Million

by Puja More Published: 10 hours ago

Media company Candle Media has reportedly planned to acquire ATTN: a Los Angeles-based media company for USD 100 million in stock and cash. Credible sources reveal that the deal could be worth USD

Mamaearth parent HCPL buys majority stakes in skincare biz Dr. Sheth’s

Mamaearth parent HCPL buys majority stakes in skincare biz Dr. Sheth’s

by Jayee Sapatnekar Date: May 18, 2022

Honasa Consumer Pvt. Ltd. (HCPL), the parent company of Mamaearth, has recently acquired a huge stake in well-renowned skincare brand Dr. Sheth’s at a valuation of $3.6 million. According to

US at a high risk of recession, warns Goldman Sach’s Senior Chairman

US at a high risk of recession, warns Goldman Sach’s Senior Chairman

by Puja More Date: May 17, 2022

Lloyd Blankfein, the Senior Chairman of Goldman Sachs, has urged US consumers and companies to be prepared for a recession, saying that there is a “very, very high risk”. In an interview,

Reliance to acquire several brands to build its $6.5B consumer goods biz

Reliance to acquire several brands to build its $6.5B consumer goods biz

by Puja More Date: May 16, 2022

Reliance Industries, an Indian multinational conglomerate, is planning to build a portfolio of 50-60 personal care, grocery, and household brands within six months and hiring a fleet of distributors t

Twitter fires two top execs, freezes hiring ahead of Musk’s takeover

Twitter fires two top execs, freezes hiring ahead of Musk’s takeover

by Puja More Date: May 14, 2022

Social networking giant Twitter has reportedly fired two of its top managers and halted hiring as part of an efficiency drive as the company prepares for its $44 billion planned takeover by Tesla CEO

BT and Warner Bros. Discovery to unveil sports venture in Ireland & UK

BT and Warner Bros. Discovery to unveil sports venture in Ireland & UK

by Puja More Date: May 13, 2022

Mass media giant Warner Bros. Discovery Inc and telecom behemoth BT Group plc have reportedly unveiled a premium sports venture in Ireland and the United Kingdom. The strategic 50-50 joint venture

EA Sports and FIFA end video game partnership after three decades

EA Sports and FIFA end video game partnership after three decades

by Puja More Date: May 12, 2022

FIFA, the global governing body of soccer, and video-game maker EA (Electronic Arts) have reportedly ended their three-decade-long partnership. Considered to be one of the most successful partnership

Rivian stock plummets as Ford sells 8 million shares in the company

Rivian stock plummets as Ford sells 8 million shares in the company

by Jayee Sapatnekar Date: May 11, 2022

Rivian’s stock prices hit extreme lows reporting a 72% drop this year Previously Ford accounted for a total of 102 million shares in the EV maker Speculations have affected Rivian shares,

IIT-M, POWERGRID to offer scholarship to financially weak students

IIT-M, POWERGRID to offer scholarship to financially weak students

by Puja More Date: May 09, 2022

The Indian Institute of Technology of Madras (IIT-M) has recently announced that it is collaborating with the Power Grid Company of India to introduce a scholarship program for B. Tech (Bachelor of Te

Chinese gaming giant NetEase unveils first gaming studio in US

Chinese gaming giant NetEase unveils first gaming studio in US

by Puja More Date: May 07, 2022

Chinese internet tech major NetEase, Inc. has reportedly opened its first wholly-owned gaming studio in the USA, called Jackalope Games, in a move designed to drive its international expansion in face

Ceros expands its partner ecosystem with Showpad and Highspot

Ceros expands its partner ecosystem with Showpad and Highspot

by Puja More Date: May 06, 2022

Ceros, an experimental content creation platform, has recently entered a partnership with Highspot and Showpad, leading sales enablement vendors. This expansion of the partner ecosystem is geared towa

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