About Author

Pankaj Singh

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- [email protected] | https://twitter.com/PankajSingh2605

Contribution by Pankaj Singh

Hero Electric & EVIFY to deploy 1000 e-scooters in the next 2 years

Published Date: 2022-04-27         Author: Pankaj Singh

50 scooters are already in making & will be delivered by the end of May. Hero Electric plans to leverage its resources and support more such partners in the upcoming months. Hero Electric has reportedly partnered with EVIFY Logitech Pvt. Ltd., a tech-based logistics company for EVs, to... Read More

Crude oil import bill in India reaches USD 119 billion in FY 2022

Published Date: 2022-04-26         Author: Pankaj Singh

India has reportedly registered a crude oi import bill of USD 119 billion in the financial year 2022 amidst the soaring energy prices during the war in Ukraine. The latest oil import bill is up from USD 62.2 billion from the previous financial year, as per insights from the Petroleum Planning & ... Read More

Self-driving start-up Pony.ai obtains taxi license to operate in China

Published Date: 2022-04-25         Author: Pankaj Singh

The company will now be able to operate 100 self-driving vehicles in the Nansha district of Guangzhou city. Pony.ai has also been testing its driverless technology on public highways in California's Milpitas and Fermont. Toyota Motors Corp.-backed Pony.ai has announced to have secured ... Read More

Australia’s Square Peg raising fresh funds to expand to Southeast Asia

Published Date: 2022-04-21         Author: Pankaj Singh

One of Australia’s largest venture capital firms Square Peg Capital, with around USD 3 billion in assets under management, is reportedly planning to expand its foothold in Southeast Asia. The firm is presently looking to raise USD 550 million in funding, with a large portion of that going towa... Read More

Toyota and Lexus issue a recall for over 4,50,000 vehicles in the U.S.

Published Date: 2022-04-20         Author: Pankaj Singh

Toyota Motor Corporation and Lexus have reportedly issued a safety recall for approximately 460,000 vehicles in the U.S. due to a stability control (VSC) system glitch. According to Toyota’s investigation, a software error is causing troubles leading to VSC not switching on by default while st... Read More

Oil prices soar as supply concerns surge with deepened Ukraine crisis

Published Date: 2022-04-19         Author: Pankaj Singh

The oil prices in India have reportedly witnessed a record price hike in a short span of 16 days which has dented the demand for fuel in the country thereby reducing its sales in the first half of April. Petrol sales fell by nearly 10% in the initial months of April in comparison to the same peri... Read More

Omicron specific COVID vaccine gets a clinical trial nod in Hong Kong

Published Date: 2022-04-18         Author: Pankaj Singh

Sinovac Biotech and Sinopharm subsidiary have recently announced that their COVID-19 vaccine candidate developed specifically to target the Omicron type has been approved for clinical studies in Hong Kong. It is worth noting that scientists from across the globe are rushing to develop enhanced va... Read More

Airbus asks EU leaders to hold back on Russian titanium sanctions

Published Date: 2022-04-14         Author: Pankaj Singh

Airbus SE has reportedly urged European leaders to refrain from imposing titanium sanctions on Russia, stating that a ban would have a substantial impact on the aerospace sector and would barely affect Russia’s economy. At an annual stakeholder meeting, Airbus CEO Guillaume Faury stated tha... Read More

Fintech Voyager is now worth USD 1 Bn following a USD 210 Mn funding

Published Date: 2022-04-13         Author: Pankaj Singh

The company serves over 47 million people worldwide through its consumer platform. Voyager had managed to raise USD 167 million for its expansion program led by World Bank Group’s IFC in June last year. Philippine fintech startup Voyager Innovation Inc. has reportedly secured USD 210... Read More

GoTo’s debut shows boon for tech giant with 23% surge in share value

Published Date: 2022-04-11         Author: Pankaj Singh

GoTo Group, Indonesia's largest technology company, has witnessed a 23% increase in its share value after raising USD 1.1 billion in one of the largest IPOs across the globe. Sources claimed that GoTo's stock price increased to a high of USD 0.090 from its initial offer price of USD 0.024... Read More

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