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Amazon launches package pickup service in the US at Rite Aid stores

Published Date: 2019-06-29         Author: Shikha Sinha

Ecommerce giant Amazon has reportedly introduced a new package pickup service, known as Amazon Counter, that enables retailers to manage the collection of parcels for customers and increase their footfall. Apparently, the idea behind this move is that the customers entering the store to collect a pa... Read More

DXC, Zafin team up to enable users transform product and pricing approach

Published Date: 2019-06-28         Author: Shikha Sinha

Leading independent end-to-end IT services company, DXC Technology, has reportedly forged an alliance with Zafin, a leading supplier of product and pricing control solutions for financial institutes, for  empowering DXC’s core banking clients to make a strategic response as per the fluctu... Read More

Healthcare start up Cure.fit raises $120M in series D funding round

Published Date: 2019-06-27         Author: Shikha Sinha

The company aspires to serve 100 million consumers over the next 10 years by leveraging a strong on-ground network The Bengaluru-based, health and fitness startup Cure.fit has reportedly raised an amount of $120 million led by Chiratae Ventures, a leading tech venture capital fund company in seri... Read More

System Seals buys Austrian seal manufacturer Plastoseal Produktions

Published Date: 2019-06-26         Author: Pankaj Singh

The acquisition will witness the company catering to a larger market. Ohio-based System Seals Inc., an industrial leader in reliable performance seals has announced to have acquired Austria based seal manufacturer, Plastoseal Produktions. According to trusted sources, the transaction will enh... Read More

Lufthansa shifts Eurowings unit strategy to concentrate on short hauls

Published Date: 2019-06-25         Author: Shikha Sinha

Deutsche Lufthansa AG, the largest German airline, has reportedly adjusted its dividend policy and recently announced a revamp of its low-cost Eurowings unit, in hopes of soothing worried investors only a week after it issued a second profit warning for this year. Citing reliable sources, Lufthan... Read More

Teijin inks deal with Healthy Grain for BARLEYmax sales rights in Asia

Published Date: 2019-06-24         Author: Shikha Sinha

Teijin has initiated sales where they expect to expand their market based on the view of expanding business globally Teijin Limited, a technology driven Japanese company, recently announced that it has inked an agreement with The Healthy Grain Pty. Limited, a venture company from Australia, to bu... Read More

Jensyn Acquisition concludes business combination with Peck Electric

Published Date: 2019-06-22         Author: Pankaj Singh

Jensyn’s existing management will be replaced by the senior management of Peck following the closing of business combination.  The New Jersey headquartered – Jensyn Acquisition Corp. a special purpose acquisition company (SPAC), has announced to have completed its previously ann... Read More

Panera Bread tries new dinner menu in US to offer more food options

Published Date: 2019-06-21         Author: Shikha Sinha

Panera Bread has recently confirmed that it will be trying out its new dinner-centric menu in a string of restaurants during the next month in Lexington, Kentucky, before expanding to locations in Providence, Rhode Island, by September. Dan Wegiel, Chief Growth and Strategy Officer, Panera Bread, in... Read More

MTech Acquisition and MJ Freeway LLC combine to establish Akerna Corp

Published Date: 2019-06-20         Author: Shikha Sinha

MTech Acquisition Corp., the first Special Purpose Acquisition Company (SPAC) to be listed in U.S. that acquires business ancillary to the cannabis sector, has recently joined hands with MJ Freeway LLC, a leading seed-to-sale regulatory compliance technology provider, to form the first compliance te... Read More

Pharma giant Pfizer to acquire Array BioPharma valued at $11.4 billion

Published Date: 2019-06-19         Author: Pankaj Singh

Pfizer Inc., the New York-based pharmaceutical multinational, has reportedly announced that it will acquire Array BioPharma Inc., a commercial stage company focused on the discovery, development and commercialization of small molecule medicines to treat cancer and other crucial diseases. As per t... Read More

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