About Author : Hrishikesh Kadam

Hrishikesh Kadam

A graduate in electronics and telecommunication engineering, Hrishikesh Kadam has always found writing fascinating. Driven by a never-ending passion for content creation combined with a bit of experience in writing personal blogs, Hrishikesh blends his technical knowledge and expertise to pen down articles for Business NewsUpdate and similar news portals.



Contribution by Hrishikesh Kadam

ADNOC, Adani-BASF to set up $4B chemical complex in Mundra, Gujarat

The Abu Dhabi National Oil Company (ADNOC) has reportedly partnered with the Adani Group as it seeks entry into the chemicals business. Earlier this year, Adani had teamed up with Germany’s BASF SE for the same. European chemical firm Borealis...

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SAS and Red Hat to deliver advanced hybrid cloud analytics solutions

SAS, a leading provider of analytics solutions, has reportedly extended its partnership with open-source technology developer Red Hat. Evidently, SAS will leverage its market leading analytics expertise to develop comprehensive hybrid cloud analytic...

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Porsche and Boeing to collaborate on “Premium” electric flying cars

The urban streets are gridlocked, with vehicles barely inching their way forward. With ground transportation in many cities stretched to the limit, urban air mobility could act as a much-needed alternative for daily commute. Companies, from aerospac...

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SoftBank eyes control of WeWork through finance package worth billions

Over the last few months the startups backed by Masayoshi Son have had a rough time, from WeWork’s messed up IPO to a considerable decline in Uber shares. Analysts had estimated that the damage for SoftBank could reach into billions of dollars....

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UPS to invest $450 million to acquire over 6,000 CNG-powered trucks

Atlanta-based transportation giant UPS recently declared its intentions to invest as much as $450 million in trucks powered by alternative fuels. The company said it plans to purchase over 6,000 CNG-powered trucks between 2020 and 2022. Sources fami...

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Infosys bags Eishtec to expand BPO services in the Irish Market

India’s IT sector has proliferated substantially over the years and is a major driver for the country’s economic growth and development. Indian IT giants have relied on timely acquisitions in an attempt to reinforce their services portfol...

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Audi signs 5G agreement with Deutsche Telekom and City of Ingolstadt

5G is being touted as the catalyst for smart city development. The technology is gradually propelling us into a new age of connectivity and will soon transform infrastructure like roads, traffic signals and streetlights into smart city assets. Autom...

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PayPal acquires GoPay, becomes first foreign payment platform in China

American fintech firms have long found it difficult to penetrate the Chinese e-commerce market. In November last year, New York City-based American Express became the first American card network to obtain a preliminary approval to build a domestic ca...

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Amazon presents Sidewalk for long-range connectivity of IoT devices

In this modern era of wireless connectivity, while tech giants globally are experimenting with 5G and making efforts to expand Wi-Fi capabilities, American e-commerce major Amazon recently said it is developing a new wireless protocol for connecting ...

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Lattice, Synopsys extend multi-year software OEM licensing agreement

Application scope of field-programmable gate arrays (FPGAs) is expanding due to the emergence of new use cases driven by proliferation of IoT. The latest update from the field-programmable gate space is that American technology developers Lattice Sem...

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Softeco and Fincons to design new aviation safety platform ECCAIRS 2.0

Introduction of regulatory framework combined with cutting-edge technologies is set to transform the aviation industry landscape. With an increased focus on safety, leading technology companies are working on building innovative solutions using the l...

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Google touts ‘largest corporate purchase’ of solar and wind energy

With a growing focus on sustainable energy generation, increasing number of countries and companies are embracing cleaner technologies. The landscape is rapidly evolving and 2019 is poised to be an exciting year for clean tech. American multinationa...

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Toyota mulls investing $391M in San Antonio truck assembly plant

Japanese auto major Toyota has reportedly disclosed its plans to invest $391 million to expand its San Antonio-based plant that produces Tundra and Tacoma pickup trucks. Evidently, this will be the first expansion at the plant in nine years. Chris R...

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OTEGLOBE deploys Infinera’s ICE4 to double subsea network capacity

Sunnyvale, California-based optical transmission equipment provider Infinera Corporation has recently announced that OTEGLOBE has deployed the fourth generation of Infinera’s pioneering Infinite Capacity Engine (ICE4) technology to double its i...

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Wipro and IISc to explore autonomous cars, metal 3D printing in India

With the global automotive universe gradually inching towards autonomous vehicles, Bengaluru-headquartered IT giant Wipro has disclosed its plans to collaborate with Indian Institute of Science (IISc), Bengaluru, to develop autonomous cars and design...

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Baker Hughes-C3.ai JV unveils AI-based software BHC3 Reliability™

Artificial intelligence (AI) is advancing rapidly and has immense potential to contribute to the global economy. A growing number of prominent as well as emerging industries, including the energy sector, are experimenting with AI-based technologies s...

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Wearable AI and its rising penetration in healthcare industry

Globally, the adoption of wearable artificial intelligence (AI) will be primarily driven by increasing concerns among consumers towards health and fitness. Rising prevalence of obesity and other cardiac illnesses around the world will boost the adopt...

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Battelle to use Headwall’s spectral imaging sensors to detect opioid

With remarkable advancements in technologies such as AI and machine learning, leading developers of imaging technology are finding ways to use it for more diverse applications. Headwall Photonics Inc, which designs hyperspectral and multispectral im...

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Warren Buffet’s Duracell eyes Eveready’s battery & flashlight business

Warren Buffet’s Berkshire Hathaway owned battery manufacturer, Duracell Inc., has reportedly beaten industry rival Energizer Holdings and is set to take over the flagship company of BM Khaitan, Eveready Industries’ battery and flashlight ...

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Immersive Technologies and their contribution towards smart city development

Immersive technologies or extended reality (XR) is any technology that extends, emulates and recreates the reality we experience by merging the virtual and physical worlds and providing a fully immersive experience through digital simulation. These t...

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SK Telecom and Microsoft to introduce 5G-based cloud gaming in Korea

With the ever-growing popularity of mobile gaming and a booming 5G subscriber base across Korea, Seoul-based wireless technology developer SK Telecom has recently disclosed its plans to collaborate with American tech-giant Microsoft to deliver 5G-pow...

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India’s H-Energy partners with Novatek to boost LNG trade in Asia

According to the International Energy Agency (IEA), natural gas is major source of energy for importers across the Asia-Pacific (APAC) region. Overall LNG consumption is anticipated to further accelerate, and LNG trade is going through a remarkable g...

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Reliance Power and JERA to set up 750MW power plant in Bangladesh

Energy use in emerging economies, especially in the Asia-Pacific, has increased rapidly over the past few decades and will continue rise over the coming years. Robust economic growth, enhanced living standards and a booming populations have been the ...

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TSB and Square team up to make card payments more accessible for SMEs

Digital banking has exploded in the past decade, and an increasing number of emerging businesses are embracing online banking as an alternative method to conduct financial transactions. Leading financial organizations worldwide are collaborating to m...

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Smart spaces – Driving digital transformation of economies

With technology gradually taking over everyday tasks, it’s no wonder the future will be characterized by smart devices delivering convenient and insightful digital services across each and every aspect of our lives. The introduction of smart te...

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