The contract covers the current 737 jets as well as the next generation MAX jumbo jets. In a development that has been termed by industry experts as boosting competition, Boeing Co has said it has finalized on a new aircraft… Read More ›
Entrepreneurship
Tesla’s Model 3 nets $10 billion in advance orders in the first 36 hours
For those who are banking on the $7,500 tax credit on EVs, should especially continue to read this article.
Financial details of the wealthy and corrupt – leaked
Is this another Edward Snowden for financial dealings? In a development that is likely to have serious wide ranged implications, tax authorities in New Zealand and Australia are investigating into a massive data leak from a Panama based law firm… Read More ›
Blackstone’s aggressive approach on India’s outsourcing nets it first catch MphasiS
With the west looking to save precious monies by cutting costs, India’s IT sector is increasingly being tapped. In a deal that marks the Blackstone Group’s biggest investment in India, the world’s biggest asset management company is all set to… Read More ›
Foxconn to acquire Sharp for $3.5 billion
$900 million has been cut from its initial offer arising out of the discovery of undisclosed liabilities at the very last minute. Casting off doubts of whether the two companies can work together in a fiercely competitive market, Foxconn has… Read More ›
SunEdison at heightened risk of bankruptcy
Its aggressive acquisition strategy has saddled it with a whopping $11 billion in debt. However, since TerraForm Global Inc and TerraForm Power Inc, its sibblings, are yieldcos, with separate legal identities, they need not follow SunEdison if it were to… Read More ›
SideChef trying to create a smart kitchen standard for devices
With a common protocol, SideChef hopes to bring the smart in smart kitchen devices. Although there are many smart cooking devices that will help you master your favourite dish, the problem is all of these smart cooking devices are… Read More ›
Panasonic Continues to Give Back to Nature – Over 3.3 million Trees Planted
Panasonic’s environmental arm, The Panasonic Eco Solutions Company has undertaken an initiative of reforestation for the Kii Mountain Range in Japan. This initiative aims to reforest over 20 hectares of land in ten years. Panasonic is also involved with other… Read More ›