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BUSINESS NEWS

Insight - India and Australia’s AGL are unique faces of the identical coal coin

The worlds path to de-carbonisation is likely to be uneven and vastly different in developed and developing countries. Australias largest power produc

The worlds path to de-carbonisation is likely to be uneven and vastly different in developed and developing countries. Australias largest power producer pulled the plug on plans to split itself into a largely coal-fired generation company and a retail electricity company. India, the worlds largest coal mining company by volume, plans to import the polluting fuel for the first time since 2015. India aims to import coal to supply generators in the third quarter amid fears of power shortages over the summer peak demand period. The move is a sign of desperation, given the near-record price of thermal coal in Asias seaborne markets. AGLs scrapping of its demerger plan shows that more pressure will be on companies to de-carbonise. Read More..

B2B Tech News | 2 years ago        

Smart Stadium Market Estimated to Hit 24.3 Billion with a CAGR of 23% during 2021 - 2030 - Report by Market Research Future

According to a comprehensive research report by Market Research Future (MRFR), Smart Stadium Market Analysis by Component (Software, Service), By Depl

According to a comprehensive research report by Market Research Future (MRFR), Smart Stadium Market Analysis by Component (Software, Service), By Deployment Type (On-Premise, Software-as-a-Service) By Platform (Application Management Platform, Device Management Platform, Network Management Platform) - Forecast to 2030 valuation is poised to reach USD 24.3 Billion by 2030, registering an 23% CAGR throughout the forecast period (2021–2030). The Smart Stadium Market is expected to reach USD 24.3 Billion by 2030, registering an 23% CAGR throughout the forecast period (2021–2030). Advances in technologies have revolutionized industries, and the sports industry is not an exception. Smart Stadium Market Report Scope Read More..

B2B Tech News | 2 years ago        

Australia’s financial increase slows in March area regardless of upward thrust in family spending

Australias economic growth slowed in the March quarter as rising spending by households, businesses and governments could not counter a dive in net ex

Australias economic growth slowed in the March quarter as rising spending by households, businesses and governments could not counter a dive in net exports. In the first three months of 2022, gross domestic product rose to an annual rate of 3.3%, the Australian Bureau of Statistics said. That eased from the earlier reported annual pace of 4.2% and compared with about 3% forecast by economists. Australias economy shrank less than many other rich nations during the pandemic and its rebound has been less dramatic than some. The European Unions economies, for instance, expanded 5.1% in the March quarter from a year earlier, and the UK posted an 8.7% jump. The US grew at an annual clip of 3.6% although rising interest rates pushed the worlds largest economy into a 1.4% quarter-on-quarter contraction. Read More..

B2B Tech News | 2 years ago        

A second phase of Business Events Australias international campaign has began.

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price flu

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price fluctuation, Australias peak energy regulator, the Australian Energy Market Operator (AEMO), has put a cap on price rises. Queensland retail budget supplier, ReAmped Energy, unable to absorb costs and with no option but to send customers away. Willox said any solutions to the current price pain would not be simple, and noted that Australias reliance on foreign commodities, which once had diversified Australias energy needs, was now making it vulnerable to international conditions. Read More..

B2B Tech News | 2 years ago        

Smaller power companies in Australia are now being left out in the cold due to the rising energy prices.

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price flu

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price fluctuation, Australias peak energy regulator, the Australian Energy Market Operator (AEMO), has put a cap on price rises. Queensland retail budget supplier, ReAmped Energy, unable to absorb costs and with no option but to send customers away. Willox said any solutions to the current price pain would not be simple, and noted that Australias reliance on foreign commodities, which once had diversified Australias energy needs, was now making it vulnerable to international conditions. Read More..

B2B Tech News | 2 years ago        

Oyo accumulates over 1,250 new corporate clients

Travel tech and hospitality firm Oyo added over 1,250 new corporate clients indicating that Business travel in India could also be rebounding after th

Travel tech and hospitality firm Oyo added over 1,250 new corporate clients indicating that Business travel in India could also be rebounding after the lifting of COVID-induced travel restrictions. Recovery is led by small and medium enterprises, traditional business houses, and conglomerates. the highest cities searched and booked by corporates are Bangalore, Hyderabad, Mumbai, Chennai, Ahmedabad, Kolkata, Pune, and Delhi. The appetite for business travel has returned strongly since the frequent change in travel restrictions has ebbed. Meetings, incentives, conferences, and exhibitions are the opposite key use cases fueling the expansion of business travel. Read More..

B2B Tech News | 2 years ago        

Nowport a Mexican Startup gained “Unicorn Status” After SoftBank-Led Funding Round

The logistics startup Nowports become Mexico’s newest “unicorn” when it announced that its valuation has jumped to $1.1 billion after the recent

The logistics startup Nowports become Mexico’s newest “unicorn” when it announced that its valuation has jumped to $1.1 billion after the recent investment round which was conducted by SoftBank’s Latin America Fund. The main aim of Newports to simplify international trade plans to use the capital for its planned expansion in Latin America. Newport is the first Mexican startup to join the unicorn club. The digital cargo agent has raised $150 million from investors including SoftBank, Tiger Global, and Foundation Capital. It plans to use the capital for expansion in Brazil and other Latin American countries over the next five years. Read More..

B2B Tech News | 2 years ago        

The Aditya Birla Group has launched a business called House of Brands. Tomorrow, Prashanth Aluru will be appointed as CEO

The Aditya Birla Group announced the launch of its new startup named House of Brands, tmrw. Group has appointed ex-Facebook, Bain, and Kalaari Capital

The Aditya Birla Group announced the launch of its new startup named House of Brands, tmrw. Group has appointed ex-Facebook, Bain, and Kalaari Capital executive Prashanth Aluru, because the CEO & cofounder to guide the build-out of this new venture. Tmrw will cause India’s next phase of D2C growth which is predicted to achieve $100 billion by 2025. The launch of this D2C business is another milestone for Aditya Birlas group By tapping into Indias fresh surge of entrepreneurial enthusiasm, this venture has the potential to become an enormous growth engine. Read More..

B2B Tech News | 2 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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