Corporation

Eatron Technologies foundersOshkosh, Wis. Oshkosh Corporation, a leading innovator of purpose-built vehicles and equipment, said that it has invested in Eatron® Technologies, a pioneering developer of Artificial Intelligence (AI) powered Battery Management Software (BMS). Oshkosh’s investment in Eatron supports its vision to leverage advanced analytics and predictive modelling for lithium-ion batteries to manage its wide range of electric vehicles.“The investment in…

Last Updated: February 12, 2024, 15:04 ISTMinda Corporation Partners With Japanese Firm To Develop Smart Key System For Vehicles. (Photo: Spark Minda)Minda Corporation Limited, Spark Minda's flagship company, has signed an agreement with a well-known Japanese 2W firm to manufacture smart key systems.Minda Corporation Ltd, Spark Mind’s flagship company has received a significant order to manufacture smart key systems from a leading two-wheeler original equipment manufacturer (OEM) in India.The company announced…

The studio behind Octopath Traveler and Octopath Traveler 2, Acquire, has been acquired by none other than Kadokawa Corporation. In effect, this means that Octopath Traveler and Dark Souls are now under the same umbrella, as Kadokawa also owns From Software, for one. As Kadokawa’s latest earnings results document states, the acquisition was completed to “strengthen the ability to create IP in games as part of game business strategy.” As a result of the acquisition, Kadokawa Corporation expects “to generate synergies…

The European Union’s competition watchdog appears set to thwart Amazon’s $1.4 billion acquisition of the robot vacuum maker iRobot, according to sources connected to the Wall Street Journal. This has triggered a sharp decline of almost 40% in the stock shares of the Roomba vacuum manufacturer, which plunged in after-hours trading following the report.Shares of iRobot opened Friday morning at lows not seen in more than a decade.The decision would deal a blow to Amazon’s strategic plans of diversifying its smart devices…

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Car sharing marketplace Zoomcar and special purpose acquisition company Innovative International Acquisition Corporation (IOAC) completed their merger on Friday. The merged entity has been renamed Zoomcar Holdings Inc, and is expected to begin trading on NASDAQ on Friday, Zoomcar said in a statement. Zoomcar and IOAC had entered into a definitive merger agreement on October 13, 2022. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking…

Homegrown wearables brand Noise has raised $10 million from US-based audio equipment major Bose Corporation in a deal that values the Gurgaon-based company at around $420 million.Bose has acquired approximately 2.4% stake, Noise said in a regulatory filing with the Registrar of Companies (RoC). Noise has issued 2,400 compulsorily convertible preference shares (CCPS) of Series A class for a total consideration of Rs 82.99 crore, or around $10 million.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Last Updated: July 28, 2023, 09:32 ISTParking Charges Doubled for Four-Wheelers Registered Outside TricityThe parking fee structure aims to optimize parking availability, reduce congestion, & facilitate smooth mobility for both residents and visitors to Chandigarh.In a major development, the Chandigarh Municipal Corporation has rolled out a significant change in parking regulations, impacting four-wheelers registered outside the Tricity - Chandigarh, Panchkula, and Mohali.According to the latest announcement made on…

Access Bank Zambia Limited is on the cusp of merging with African Banking Corporation Zambia Limited (ABC) following an endorsement of the move by the Central Bank of Zambia. Access Corporation, the parent company of the bank, announced this in a regulatory filing on Friday. The business combination was first announced in October 2021 when Access Bank Plc entered a binding pact with Atlas Mara Zambia, owners of ABC Zambia, later culminating in the acquisition of the latter. “The Central Bank of Nigeria and…

IT Services provider NEC Corporation India announced to elevate Aalok Kumar, Chairman, President and CEO, NEC Corporation India, to Corporate Officer and Senior Vice President-Head of Global Smart City Business.Kumar will continue to lead the India business and further strengthen the country's strategic positioning for NEC Group, the company said in a statement."His new position as a Corporate Officer and NEC's management member leading India shows NEC's commitment and importance towards India as a market," said Takayuki…