Avenues

Payments solution provider Infibeam Avenues has picked up a 20% stake in US-based enterprise application and artificial intelligence development company XDuce for $10 million. On Saturday, the board of directors has approved the equity acquisition in XDuce as it aims to boost its international business contribution to the company’s total revenue in the next two years, the Gujarat-based company said in a statement.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced…

Payments solution provider Infibeam Avenues on Thursday said it has acquired a 49% stake in capital markets financial software provider Pirimid Fintech for Rs 25.1 crore.With the stake acquisition, Infibeam is looking to integrate its digital payments framework with Pirimid Fintech's capital market trading software for clients in India and globally. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIT DelhiIITD Certificate Programme in Data…

In space exploration, where meticulous planning is the norm, objectives set the course for any mission. However, the Indian Space Research Organisation (ISRO) has recently demonstrated a remarkable ability to not only meet but exceed its mission objectives, especially with the Chandrayaan-3 mission. There was a time when GSLV Mk II of ISRO saw 4 failures and 2 partial failures out of a total of 16 launches and cartoons depicted ISRO's efforts humorously, showing established space powers in an "ELITE SPACE CLUB" and a…

Area food producers are finding new ways to get their fruits and vegetables, pasta, breads and meat to people’s tables long after farmers markets have packed away their stands for the season. Restaurants and customers who participate in CSAs, community supported agriculture, buy directly from area farmers and ranchers. Denver-area producers are also reaching more people through the online grocer Pinemelon, which promotes “local first,” and Spade & Spoon, a meal-in-a-box service that uses locally produced food. Joy…

Amyotrophic lateral sclerosis (ALS) is a debilitating neurodegenerative disease with poor outcomes, but a pair of new studies may point towards a more optimistic future. In tests in human cells and live mice, the scientists identified a gene and a protein that look like promising targets for treatment.Professor Stephen Hawking was an outlier – most people diagnosed with ALS are expected to only live another two to five years. The disease progressively destroys the motor neurons, reducing a patient’s muscle strength and…

While many crypto projects have found support in the recent revival of the overall market, some are still waiting for a positive push. Crypto projects Dai (DAI) and Wrapped Bitcoin (WBTC) are going through a phase of sluggishness where the prices of their tokens are not increasing in line with the market trends. Crypto investors are concerned with the growth of their investments in these projects. Therefore, they are switching to a stable and profitable project, Chronoly.io (CRNO). Checking into the crypto arena with…

The vacant rooms of several dilapidated motels sitting on Denver’s historic Colfax Avenue won’t gather dust for much longer, as real estate developers and city officials hope to breathe new life into the neglected properties as apartments, affordable housing and more. The question facing those projects is this: Can they revamp the rundown properties while also providing much-needed housing that serves the surrounding neighborhoods? Colfax Avenue is an example of the duality of a modern-day American city. The 154-year-old…

CLIMATEWIRE | The Supreme Court’s ruling yesterday does not strip EPA of its authority to regulate greenhouse gases. It is unlikely to change how the Biden administration regulates power plant emissions and will do little to boost the fortunes of a coal industry hamstrung by mounting competition from renewables. But the court’s 6-3 decision in favor of coal interests in West Virginia v. EPA could cast a long shadow over the administration’s wider attempts to combat climate change. The reason lies largely with how the…