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According to a SAP Study, 59% of Indian businesses believe that environmental protection increases profitability.

The global Environmental Sustainability Study of 6500+ business leaders, including 400 from India, is the second edition of SAPs annual report that in

The global Environmental Sustainability Study of 6500+ business leaders, including 400 from India, is the second edition of SAPs annual report that investigates the incentives and hurdles that organisations confront as they seek to increase sustainability in their organisations. Environmental activism 45% is the most powerful motivator for firms to take environmental action, followed by income and expansion potential 34%, and customer demand 33%. However, Indian organisations risk losing out if they do not put data at the centre of their sustainability strategy. The following are the studys key findings Connecting environmental objectives to corporate strategy A lack of environmental strategy is holding back 37% of Indian firms. Read More..

B2B Tech News | 2 years ago          

With a $250 million contract, Sundram Fasteners benefits.

Sundram Fasteners gained 1.20% to Rs 974.60 after the company announced a $250 million contract with a leading global automobile manufacturer to suppl

Sundram Fasteners gained 1.20% to Rs 974.60 after the company announced a $250 million contract with a leading global automobile manufacturer to supply subassemblies for its electric vehicle EV platform. The company plans to invest Rs 200 crore to support the new orders under the sixyear purchase package, which includes the supply of shaft and drive gear subassemblies. The parts will be serviced from the companys North American warehouse. The contract is one of the largest ever won by an Indian supplier for this range of products for an EV platform. Read More..

B2B Tech News | 2 years ago          

More subsidies are needed to finance the future of the EU, according to VDLs slogan, Make Europe the home of clean tech..

Ursula von der Leyens goal is to avoid disruptions in transatlantic trade and investment, according to her. The President of the European Commission m

Ursula von der Leyens goal is to avoid disruptions in transatlantic trade and investment, according to her. The President of the European Commission made her case at the World Economic Forum in Davos. Despite European efforts to obtain an exemption similar to that granted to Canada and Mexico, talks have stalled. The European Commission wishes to establish a critical raw materials club in order to reduce reliance on China. The proposal also includes a temporary change in the rules governing state aid. However, von der Leyen is aware of the risks of harming the Single Market because some EU countries have more fiscal space than others. Read More..

B2B Tech News | 2 years ago          

Westpac collaborates with the AI business Rich Data Co.

Westpac has joined forces with AI firm Rich Data Co. RDC. The move is part of the companys efforts to improve the lending experience for its commercia

Westpac has joined forces with AI firm Rich Data Co. RDC. The move is part of the companys efforts to improve the lending experience for its commercial customers and bankers. RDCs AI platform assesses a companys cashflow health both now and in the future. This is an important consideration when deciding whether or not to extend a line of credit to that company. Read More..

B2B Tech News | 2 years ago          

US bank warnings of a recession cast a cloud of doubt over IT companies.

The earnings of largecap software companies in the December quarter did not surprise Dalal Street, and the current quarter is expected to be largely s

The earnings of largecap software companies in the December quarter did not surprise Dalal Street, and the current quarter is expected to be largely stable as well. However, management commentary and warning bells rung by some of the largest American banks indicate that FY24 may be a difficult year. Analysts see downside risks to consensus earnings estimates for FY24 due to the level of uncertainty in both major markets. Analysts do not recommend that investors avoid the sector. Most analysts do not recommend betting on Tata Consultancy Services at this time. Read More..

B2B Tech News | 2 years ago          

A stunning view of the Tarantula Nebula is provided by a collaboration between Webb and Chandra Xray Observatory.

The James Webb Space Telescope captured a stunning image of the nebula 30 Doradus last year. The Tarantula Nebula is a stellar nursery that has long b

The James Webb Space Telescope captured a stunning image of the nebula 30 Doradus last year. The Tarantula Nebula is a stellar nursery that has long been a favourite of astronauts studying star formation. The Tarantula Nebula is found in the Large Magellanic Cloud, a neighbouring galaxy to our own. The new image combines Chandra Observatory Xray data with an infrared image taken by the Webb telescope in 2022. Read More..

B2B Tech News | 2 years ago          

The Ecosystem A demand gap exists in Europes hydrogen innovation ecosystem.

In terms of hydrogen innovation, Europe is doing well, and its top research institutions and businesses are setting the bar globally for new technolog

In terms of hydrogen innovation, Europe is doing well, and its top research institutions and businesses are setting the bar globally for new technology patents. Nevertheless, an analysis of hydrogen technology patents released by the European Patent Office and the International Energy Agency indicates that there are still gaps to be filled in order to complete the hydrogen ecosystem IEA. The IEAs executive director, Fatih Birol, said the study shows that innovators are reacting to the need for competitive hydrogen supply chains, but also indicates areas particularly among end users where more effort is required. According to the survey, there was a focus on hydrogen production technologies between 2011 and 2020, with about half of international patent families IPFs being submitted in this field. Read More..

B2B Tech News | 2 years ago          

Samsung and India argue over $110 million in production incentives.

According to people familiar with the situation, the smartphone giants India arm is requesting slightly under 9 billion rupees $110 million in incenti

According to people familiar with the situation, the smartphone giants India arm is requesting slightly under 9 billion rupees $110 million in incentives for the fiscal year ending March 2021. However, the government is only willing to provide the South Korean corporation 1.65 billion rupees unless it can produce more information and documentation to back up its claim, according to the persons, who asked not to be identified because the case is private. The incentives are an important part of Prime Minister Narendra Modis drive to make India a powerhouse for electronics production. In 2020, the country announced $6.7 billion in productionlinked incentives PLIs, which provide cash to enterprises based on sales of locally manufactured cellphones. 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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