About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- pankaj.s@fractovia.org | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
Bayers new CEO initiates management job cuts to accelerate decision-making
Bayer newly appointed CEO, Bill Anderson, has reportedly unveiled plans to streamline the companys management structure in a bid to expedite decision-making processes. This marks the first step in a broader effort to transform the embattled German company, which has been under pressure from inv... Read More
Smurfit Kappa in Merger Talks with WestRock worth $19 Billion
Smurfit Kappa, a prominent player in the packaging industry, is reportedly engaged in merger discussions with its US counterpart, WestRock. This prospective merger has the potential to create a cardboard box-making powerhouse boasting a market value approaching $19 billion (€17.8 billion). Furt... Read More
RBC plans job cuts to take on anticipated economic softening
The Royal Bank of Canada is reportedly planning to reduce its workforce by approximately 1,800 jobs as part of cost-cutting measures, on account of the anticipated upcoming economic landscape. This decision comes after the country's largest bank surpassed analysts' predictions for the third ... Read More
VinFast poised for Nasdaq debut amidst share surge and merger milestones
Vietnamese electric automaker VinFast has reportedly announced its anticipation of commencing trading on the Nasdaq stock exchange in the upcoming week. This revelation has triggered a notable increase in the share prices of both its parent company and its partner in a blank-check merger. On Frid... Read More
IBM and Hugging Face collaborate to release open-source geospatial AI model
As per reliable sources, Hugging Face and IBM jointly announced that the geospatial foundation model, watsonx.ai, created by IBM using NASA's satellite data, will now be accessible on the Hugging Face open-source AI platform. This marks a significant milestone as it becomes the largest geospatia... Read More
Supplier Management Pro unveiled by TraceGains for Growing Brands
As per sources, TraceGains, an exclusive networked marketplace for the food & beverage industry, has recently unveiled Supplier Management Pro, the latest addition to its innovative TraceGains Gather™ platform. The new offering is specifically designed to cater to emerging brands, ambit... Read More
OpenAI collaborates with AP to access extensive news archive
OpenAI and The Associated Press (AP) have reportedly announced a collaboration, where OpenAI will acquire a license to access APs vast news archive. The financial details of the agreement have not been disclosed yet. According to a joint statement, OpenAI will license a portion of AP's text a... Read More
Flipkart joins forces with Axis Bank to offer personal loans to customers
Flipkart, the leading e-commerce marketplace in India, has formed a strategic alliance with Axis Bank, a prominent private sector bank. This collaboration aims to offer personal loans to Flipkart's valued customers, providing added convenience and benefits to its vast user base of 450 million in... Read More
HDFC Bank merger creates $172 Billion global banking giant
In a historic merger for Indian financial sector, HDFC Bank Ltd. and Housing Development Finance Corp., are reportedly set to propel the homegrown company into the ranks of the worlds most valuable banks. The new entity, valued at around $172 billion, will claim the fourth spot in equity market c... Read More
Antler raises $285M fund to fuel growth-stage companies globally
The venture capital firm Antler has reportedly secured $285 million in a new fund aimed at supporting growth-stage companies worldwide, contributing to the significant amount of undeployed capital in the startup ecosystem. The Netherlands-based firm, with investments in nearly 750 companies globa... Read More