Friday, November, 15, 2019 04:03:46

Contribution By Pankaj Singh


British technology firm Dyson shuts its ambitious electric car project

Owing to the growing global pollution and climate change concerns, electric car development market is witnessing a substantial growth lately. Adoption of electric vehicles has increased, thus various technology firms across the world are increasingly working to gain a foothold in the developing market. However, …

Cresco Labs enters New York with the acquisition of Gloucester

Cresco Labs Inc., a leading cannabis operator in the U.S., recently announced that it has obtained 100% of the membership interests in Gloucester Street Capital (Gloucester), the parent company of Valley Agriceuticals, through a merger between Gloucester and one of its subsidiaries. As a result …

Ford and Mahindra announce a new joint venture to develop new cars

The automobile industry is one of the most important business sectors across the globe. India’s automotive industry has become one of the leading destinations for investments due to rapid growth and development in the region. Currently, international automakers are partnering with Indian car manufacturers for …

Malaysia’s competition watchdog fines Grab for abusive practices

Competition law and policy play a vital role in the process of privatization and liberalization in the business market as it serves as an indispensable tool in ensuring the competitiveness between companies. In Malaysia, the Malaysia Competition Commission (MyCC) is responsible for competitive activities. Recently, …

Tesla buys AI startup DeepScale to boost Autopilot system efforts

American automotive and energy giant Tesla has reportedly acquired AI and computer vision startup DeepScale to boost its Autopilot driver assistance system efforts. The automaker also evidently intends to realize CEO Elon Musk’s vision to transform its EVs into robotaxis and build a driverless platform …