Cyient

Last Updated: March 20, 2024, 10:38 ISTSuzuki And SkyDrive Partners To Begin Production Of Flying Cars In Japan. (Photo: The Japan Times)The collaboration between Suzuki and SkyDrive signals a promising future for the development and commercialization of flying cars, potentially transforming urban transportation.Suzuki Motor Corporation and SkyDrive Inc. have joined hands to kick off the production of flying cars at a Suzuki-owned plant in Iwata City, Shizuoka Prefecture, Japan.These flying cars, also known as eVTOLs, are…

This collaboration will enable SkyDrive to cater to the global UAM market, including India.Engineering & tech solutions provider Cyient has entered into a memorandum of understanding (MoU) with Japanese electric vertical takeoff and landing (eVTOL) aircraft manufacturer SkyDrive Inc.As part of the MoU, the two players will be collaborating across product development, engineering, manufacturing and digital services for SkyDrive's eVTOL aircraft. The urban air mobility…

Most industry experts and analysts expected large-cap IT service providers to report drops in revenue growth, driven mostly by the banking, financial services and insurance (BFSI) sector’s slowdown in the North American market. BFSI accounts for a major chunk of the revenue earned by this sector — for instance, it accounted for ₹86,127 crore out of Tata Consultancy Services (TCS)’s total revenue of ₹2.25 trillion, or over 38%. In a press conference following the announcement of…

Contract Lifecycle Management (CLM) venture SimpliContract has closed a pre-series A funding round of $3.5 million. The investment was led by Emergent Ventures, with participation from Kalaari Capital, Picus Capital, Foster Ventures, Leslie Ventures and Sentinel Ventures, according to a release. The funds will primarily be used to fuel SimpliContract's growth and expansion in the US and European markets, with a focus on investing in sales and marketing. The CLM startup assists legal, sales, finance, and procurement teams…

NEW DELHI : Rising…

Tata Consultancy Services (TCS) and Infosys, the top two IT services firms, are slated to report March quarter earnings this week. This would be followed by HCLTech, Wipro, Tech Mahindra and others during this month. The March quarter performance could also set the tone for FY24, in which experts expect deferred deals for the industry leading to slower revenue realization and slowdown in new deal bookings. Omkar Tanksale, equity research analyst at Axis Securities, said the…