Industry News

New FLOCKSECURE Poultry Health Portal Launched by Merck Animal Health

Merck Animal Health, a division of Merck & Co., introduces FLOCKSECURE poultry health portal, aiding broiler industry with data analysis. Seamlessly capture, upload post-mortem data for trends and insights. Available through Merck representatives.

Introducing SENSEHUB Dairy Youngstock by Merck Animal Health

SENSEHUB Dairy Youngstock by Merck Animal Health enhances calf health monitoring, aiding producers with efficient intervention, advancing dairy herd management.

FDA Clears Rejoyn: First Prescription Digital Therapeutic for Major Depressive Disorder Symptoms by Otsuka and Click Therapeutics

Rejoyn, the first FDA-cleared prescription digital therapeutic for Major Depressive Disorder, offers cognitive emotional training to reduce symptoms, available in 2024 with healthcare provider prescription.

Hyundai Motor Secures 174-MW Renewable Energy Agreement to Power US EV Plant

Hyundai Motor Group has taken a momentous stride toward sustainability by recently finalizing a 174-megawatt power purchase agreement (PPA) with a solar energy project helmed by Spain's Matrix Renewables.

Indian Biogas Association Collaborates with HAI to Advance Hydrogen Promotion Initiatives

Indian Biogas Association (IBA) has forged a strategic alliance with the Hydrogen Association of India (HAI) to accelerate the adoption of bio-based energy solutions, with a specific focus on promoting green and blue hydrogen.

Newly Cooling Factory Inaugrates By Schneider Electric In Bengaluru, India

Schneider Electric, a renowned leader in digital energy management and automation, unveiled a state-of-the-art cooling facility in Bangalore. This strategic venture was geared towards pioneering inventive cooling solutions to address the burgeoning demand within the country's data center ecosystem.

BBC plans to spend USD 6.40 million on AI to upgrade its education services

The BBC's strategic investment in artificial intelligence (AI) marks a pivotal moment in its educational endeavors, signaling a profound shift in how it engages with learners and cultivates the future generation of license-fee payers.

KYOCERA AVX Launched Two New Snap-In Aluminum Electrolytic Capacitor Series

KYOCERA AVX, a prominent global manufacturer specializing in cutting-edge electronic components geared towards driving technological advancement and contributing to a more promising future, introduced two new lines of snap-in aluminum electrolytic capacitors: the SNA Series and SNL Series.

Avaada Group Completed USD 535 million Refinancing for Renewable Projects in Rajasthan, India

Implemented within a Restricted Group (RG) framework, this transaction received an 'AA (Stable)' rating from CareEdge Ratings.

Bruker Set to Acquire NanoString for USD 392 Million, Resolving Bankruptcy Proceedings

Seattle's NanoString, amidst bankruptcy, is set to be acquired by Bruker for USD 392 Million. Legal battles with 10X Genomics led to restructuring and layoffs. Bruker aims to bolster spatial biology with the acquisition.

Johnson & Johnson's Acquisition of Shockwave Medical Announced

Johnson & Johnson acquires Shockwave Medical for $13.1 billion, expanding into cardiovascular intervention with IVL technology, aiming for improved patient outcomes and accelerated sales growth.

Enterprises Propel Forward with Pega Infinity '24 and GenAI Self-Optimization

Pegasystems, a prominent provider of enterprise AI decisioning and workflow automation solutions, has announced the general availability of Pega Infinity '24.1.

STMicroelectronics Introduces Ultra-Efficient STM32 Microcontrollers for Versatile Applications

STMicroelectronics, a prominent semiconductor provider catering to a wide array of electronics applications, has unveiled a cutting-edge lineup of energy-efficient and cost-effective microcontrollers (MCUs), poised to slash energy consumption by up to 50% compared to previous iterations.

IREDA's GIFT City Office Pioneers Green Hydrogen and Renewable Energy Manufacturing Ventures

IREDA's recent inauguration of a specialized office in GIFT City, Gandhinagar, signals a pivotal advancement in India's pursuit of a sustainable and eco-friendly energy landscape.

Cradlepoint, a subsidiary of Ericsson, anticipates its commercial debut in the Indian market in 2024

Ericsson, a Swedish vendor, foresees a surge in impactful 5G use cases within India over the next 12 to 24 months.

Sunil Mittal advocates for an optimal market structure of three private telecom operators in India

In the dynamic landscape of India's telecommunications industry, Bharti Enterprises Chairman Sunil Mittal has reiterated the importance of maintaining a market structure with three private companies.

Revolutionizing Strategic Sourcing: Akirolabs Raises USD 5M in Seed Funding

Berlin-based ProcureTech startup, akirolabs, has successfully raised USD 5M in its recent seed funding round, attracting investments from notable venture capital firms including HTGF, OTB Ventures, and D11Z. Ventures.

Exyte Strengthens Global Position in High-Tech Facility Solutions with Acquisition of Kinetics Group

Exyte, a global leader in high-tech facility solutions, has announced its acquisition of Kinetics Group, a renowned provider of installation services, equipment, and technical facility management.

Mahindra Susten Explores Hybrid Renewable Energy Ventures with Solar + Wind Project

Mahindra Group, renowned for its commitment to sustainable practices under the "Planet Positive" initiative, is advancing its renewable energy agenda by announcing the development of a 150 MW hybrid renewable energy project valued at approximately USD143.5 million.

Thermax Unveils Cutting-Edge Water and Wastewater Solutions Manufacturing Facility in Pune

Thermax, a leading provider of energy and environmental solutions, has recently unveiled a cutting-edge manufacturing facility in Pune, dedicated to the production of water and wastewater treatment solutions.