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Air India is preparing for one of the largest aircraft deals in aviation history.

According to people familiar with the matter, Air India Ltd. is considering ordering as many as 300 narrowbody jets, which would be one of the largest

According to people familiar with the matter, Air India Ltd. is considering ordering as many as 300 narrowbody jets, which would be one of the largest orders in commercial aviation history, as the formerly staterun airline looks to overhaul its fleet under new ownership. According to people familiar with the situation, Air India could order up to 300 narrowbody jets. Airbus SEs A320 neo family of planes or Boeings 737 Max models are two options for the carrier. IndiGo is the worlds largest customer for the bestselling narrowbodies from the European manufacturer. Air India and Boeing did not respond to requests for comment. Tata Group, which owns Air India, is close to placing an order for Airbus A350 longrange planes. Tata expected to merge its aviation businesses, which include four airline brands, under one umbrella. Read More..

B2B Tech News | 2 years ago        

ShareChat Parent Raises $255M from Google, Times Group and Others Valuation climbs to $5 billion

Mohalla Tech has raised $255 million Rs 1,990 crore in a fresh round of funding from online search giant Google and the Times Group. ShareChat is now

Mohalla Tech has raised $255 million Rs 1,990 crore in a fresh round of funding from online search giant Google and the Times Group. ShareChat is now valued at $5 billion which is 35% higher than its previous round. In February this year, MX Takatak merged with ShareChats Moj to create one of the largest shortvideo platforms in the country. Read More..

B2B Tech News | 2 years ago        

Australias largescale hybrid project CSP battery PV revived after investor release

Aurora, the project in South Australia has been developed by 1414 Degrees 14D, a technology company that has developed and patented the molten silicon

Aurora, the project in South Australia has been developed by 1414 Degrees 14D, a technology company that has developed and patented the molten silicon thermal energy storage system that would be used at the site. The Australian company owned all rights to the site and development of the project. ASXlisted 14D has sold a 50% stake in its development subsidiary, Silicon Aurora, to Vast Solar. The company will turn to the site to develop its CSP project, which it says could generate electricity that can be transported in eight hours or more, leading to export opportunities and job creation technology. Read More..

B2B Tech News | 2 years ago        

Foreigners pay more for gas in Hungary. This is a danger to the EU war

But the moves are alienating businesses and threatening a standoff with the European Union. György Suranyi, an economist and former governor of the C

But the moves are alienating businesses and threatening a standoff with the European Union. György Suranyi, an economist and former governor of the Central Bank of Hungary, told The Associated Press. The fuel price cap has given Hungary one of the lowest fuel prices in the EU, leading to fuel tourism and increased demand resulting in late supply and shortages. Hungary also faces a growing budget deficit after spending billions on handouts ahead of the April election. Some industries, like fossil fuels and banks, are making higher profits than usual, Suranyi says. Businesses will have to bear a greater burden than normal because Hungarian families cannot afford the price. Read More..

B2B Tech News | 2 years ago        

The global RPA and Hyperautomation market is expected to grow at a compound annual growth rate CAGR of 23.1 percent from USD 9.2 billion in 2022 to USD 26.0 billion in 2027.

BFSI segment is assumed to have the largest market size during the forecast period. Most banks are increasingly adopting hyperautomation solutions to

BFSI segment is assumed to have the largest market size during the forecast period. Most banks are increasingly adopting hyperautomation solutions to increase productivity, save money and improve customer experience. The market in the Asia Pacific region is assumed to grow at the highest CAGR over the next five years. Rapid economic development, globalization, digitalization, and increased adoption of cloudbased technologies are predicted to drive the growth of the market in this region. The report includes the study of important players offering RPA and the Hyperautomation Market. The major vendors covered are IBM US, Microsoft Germany, SAP UK, Blue Prism US, and akaBot Vietnam. Indepth interviews were conducted with several primary respondents, including key industry participants and subject matter experts, to obtain and verify critical qualitative and quantitative information. Read More..

B2B Tech News | 2 years ago        

Spain has exceeded its daily gas demand for electricity

On Wednesday, Spanish power plants purchased more natural gas to generate electricity than on any other day in history. Because cheaper, renewable sou

On Wednesday, Spanish power plants purchased more natural gas to generate electricity than on any other day in history. Because cheaper, renewable sources of electricity contribute less to the system, the early summer heat driving the demand for electric air conditioning. Spains benchmark gas price, which influences electricity prices, has risen 400% in the last year. Spain and Portugal have begun to temporarily subsidize the production costs of fossil fuel plants to mitigate the impact of higher gas prices on electricity bills. Enagas said that hydropower, wind, and solar generation have all decreased, partly due to a dusty haze that reduces solar panels ability to generate electricity from the sun. Read More..

B2B Tech News | 2 years ago        

Converge technology solutions acquires three education markets.

Canadian IT and cloud solutions provider Converge Technology Solutions has announced the acquisition of three German educationfocused companies for ap

Canadian IT and cloud solutions provider Converge Technology Solutions has announced the acquisition of three German educationfocused companies for approximately $ 25.9 million. These are just some of the technology M&A deals 553, 554, and 555 that ChannelE2E has covered in 2022. Converge, founded in 2017, is based in Gatineau, Quebec, and Toronto, Ontario.DEQSTERs areas of expertise include iPad accessories and digital education. IfmBs focus is education administration programs. GfdBs area of expertise is digitization, education, teacher training, and mobile devices. The acquisitions are part of Converges strategy to position itself as a leading education partner in Germany. The company has already made moves in this direction, having acquired REDNET and Visucom in the past. Read More..

B2B Tech News | 2 years ago        

South American island proposes $6 billion wind and hydrogen power plan

Argentine province Tierra del Fuego is trying to attract investments in hydrogen and ammonium. Base case targeting $6 billion of spending on wind farm

Argentine province Tierra del Fuego is trying to attract investments in hydrogen and ammonium. Base case targeting $6 billion of spending on wind farms and electrolyzers. Hydrogen fuel cells are coverted by heavy industries like steelmaking to reduce reliance on carbon. Some companies are betting hydrogen fuel cells will be a better choice than batteries for trucks and ships. Tierra del Fuego needs a new port so it can import wind turbines and export fuel. Read More..

B2B Tech News | 2 years ago        



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