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India Launch of the national logistics policy

Prime Minister Narendra Modi launched the National Logistics Policy NLP, which was initially outlined in the Budget 2020, to encourage efficient distr

Prime Minister Narendra Modi launched the National Logistics Policy NLP, which was initially outlined in the Budget 2020, to encourage efficient distribution of goods across the country. According to the declaration, lowering logistics costs in India is essential for boosting the competitiveness of Indian goods on both home and international markets. Process reengineering, digitalization, multimodal transportation, etc. are the policys main areas of focus. On the NLP, the government has been working for three years. The epidemic caused a delay in the distribution of the policys initial draught for consultation by the commerce ministry in 2019. Read More..

B2B Tech News | 2 years ago        

Ramkrishna Forgings Shares Near 52Week High After Another European Orders Win

Ramkrishna Forgings has announced a fouryear contract worth Rs 113.16 crore. According to the companys management, the order win strengthens the compa

Ramkrishna Forgings has announced a fouryear contract worth Rs 113.16 crore. According to the companys management, the order win strengthens the companys European portfolio and raises the profile of its international operations. Lalit Khetan, Executive Director and CFO, told CNBCTV18 last month that the company had won an order to supply metal bars. Read More..

B2B Tech News | 2 years ago        

EU signs six financing agreements with Mozambique

The European Union has signed six development financing agreements with Mozambique totaling more than 148 million euros. The documents were signed on

The European Union has signed six development financing agreements with Mozambique totaling more than 148 million euros. The documents were signed on the first day of the ACPEU Joint Parliamentary Assembly on Monday. Extremist groups have been threatening the Cabo Delgado region since 2017, and while progress has been made, insecurity persists. Read More..

B2B Tech News | 2 years ago        

Ford Credit Chief Financial Officer Brian Schaaf Retires Eliane Okamura becomes Chief Financial Officer

CFO of Ford Credit. Brian Schaaf is leaving Ford Motor Company and Ford Credit after a 33year career. Eliane Okamura has been named to succeed Schaaf,

CFO of Ford Credit. Brian Schaaf is leaving Ford Motor Company and Ford Credit after a 33year career. Eliane Okamura has been named to succeed Schaaf, who will take office on December 1. Okamura works on Fords Treasury team as the director of automotive strategy, risk, and agile finance. She began her career with Ford in Brazil as an analyst in 1995 and has held a variety of financial positions since then. Read More..

B2B Tech News | 2 years ago        

Singapore voted the confidence of the reinsurance sector

Singapore has earned the trust of the international reinsurance industry as a key regional reinsurance centre. Gross written premiums for life insuran

Singapore has earned the trust of the international reinsurance industry as a key regional reinsurance centre. Gross written premiums for life insurance and nonlife insurance are expected to reach SG$60 billion and SG$20 billion, respectively, in 2025. Singapore has maintained its position as an important Asian specialty insurance hub by expanding its capabilities in newer lines of risk, such as cyber. Read More..

B2B Tech News | 2 years ago        

Bright Machines raises $ 132 million in new funding to expand intelligent automation in manufacturing

Bright Machines, a pioneer in softwaredefined manufacturing, announced $132 million in debt and Series B equity funding today. Eclipse Ventures led th

Bright Machines, a pioneer in softwaredefined manufacturing, announced $132 million in debt and Series B equity funding today. Eclipse Ventures led the $100 million equity portion of the funding. The funds will be used to accelerate the companys growth, which will include further expansion into highdemand industry verticals. Bright Machines has now raised $330 million in total funding since its inception in 2018. As it continues to reshape the $250 billion industrial automation market, Bright Machines has raised $3.5 million in seed funding from Eclipse Ventures. Read More..

B2B Tech News | 2 years ago        

AMPYR Solar Europe acquires the solar business of SolarEnergyWorks

SolarEnergyWorks SEW solar business has been acquired by AMPYR Solar Europe for an undisclosed sum. The transaction includes a pipeline of 100MWp read

SolarEnergyWorks SEW solar business has been acquired by AMPYR Solar Europe for an undisclosed sum. The transaction includes a pipeline of 100MWp readytobuild assets and 650MWp in underdevelopment assets, as well as 15 SEW professionals. ASE has secured a €400 million $455 million loan from CarVal Investors to bring more than 2GW of solar power capacity in Europe online by 2025. Read More..

B2B Tech News | 2 years ago        

Commonwealth hires four managing directors for commodities trading

The Commonwealth Bank of Australia has appointed four executives to lead the new commodities, trade, and carbon division of its global markets busines

The Commonwealth Bank of Australia has appointed four executives to lead the new commodities, trade, and carbon division of its global markets business. The bank intends to capitalise on recent volatility while also meeting the needs of the expanding voluntary carbon market. Australias abundant resources, according to the lender, present an opportunity to become a major producer of green credits for the rest of the world. Read More..

B2B Tech News | 2 years ago        



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