July 18,2024,Bengaluru, Karnataka, India : The Reserve Bank of India (RBI) has permitted banks to use the ratings of Brickwork Ratings India Private Limited (BWR) for risk-weighting their claims for capital adequacy purposes, according to a statement released by the RBI on July 10, 2024. In April 2024, after complying with the necessary regulatory requirements, BWR was permitted by the Securities and Exchange Board of…
Ras Al-Khair Special Economic Zone Lures Investment with International Partnerships in Maritime Industry and Offshore Cluster
July 18,2024,Riyadh, Saudi Arabia : The Ras al-Khair Special Economic Zone (SEZ) leverages partnerships with major maritime players and has secured backing from the Saudi government to attract global investments. The largest shipyard in the MENA region The King Salman International Complex for Maritime Industries and Services aims to be both the largest shipyard in the MENA region and the most technologically advanced. The shipyard…
Introducing BEAUTY&YOU India 2024
July 18,2024,Mumbai, Maharashtra, India : The Estée Lauder Companies (NYSE: EL) (“ELC”) is pleased to announce the third edition of BEAUTY&YOU India. Created by ELC’s New Incubation Ventures (“NIV”) and launched in partnership with India’s preferred beauty and lifestyle retailer – NYKAA, BEAUTY&YOU India continues its mission to discover, spotlight, and propel the next generation of India-focused beauty brands. The program supports India-focused companies, entrepreneurs,…
Rimini Street to Report Second Quarter 2024 Financial Results on July 31, 2024
July 18,2024,Las Vegas, United States : Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, today announced it will report earnings after market close on July 31, 2024. The company will host a conference call and webcast on that date to discuss the second…
Asia Pacific IT, Business Services Market Boosted by Strong Demand for Managed Services, Q2 ISG Index Shows
July 18,2024,Sydney, Australia : Asia Pacific’s spending on IT and business services surged above US $5 billion for the first time in two years, led by a resurgence in managed services demand, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual…
Xsolla Launches Instant Access to Their Core Solutions
July 18,2024,Los Angeles, United States : Xsolla, a global video game commerce company, announces the launch of Xsolla Instant Game Sales, Instant Launcher, and Instant Cloud Gaming following the release of Instant Web Shop in March 2024. We have listened to developers express their primary challenges—resource allocation is crucial, yet many struggle to quickly go live with their games and offerings. In response, our streamlined…
Indy Autonomous Challenge AI Racecar Presented by Bridgestone Sets Autonomous Hillclimb Record at the Goodwood Festival of Speed
July 18,2024, Goodwood, England : On a busy Sunday afternoon, in front of a global audience of motorsport enthusiasts, The Indy Autonomous Challenge’s (IAC) self-driving AV-24 racecar set the record for the fastest autonomous Hillclimb at the Festival of Speed. The AV-24 is piloted by an AI Driver developed by Team PoliMOVE-MSU (Politecnico di Milano and Michigan State University). The AV-24 performed a series of…
Bengaluru’s Water Crisis: Can the Tech Capital Fight Its Way Back? How Veolia’s Water Management Is Preparing for Crisis Situations
July 18,2024,Bangalore, Karnataka, India : With its range of technologies and expertise, Veolia Water Technologies & Solutions, South Asia helps municipalities and companies to better face the water challenge, through the protection and replenishment of resources. Since 2022, Veolia has been publishing the Barometer of Ecological Transformation every two years, in partnership with the Elabe consulting and research firm globally. Notably, the company has also…
Ant International and NTU Singapore Collaborate on Privacy-Enhancing Technologies
July 18,2024,Singapore: To strengthen digital economic growth in the Asia Pacific region, Ant International and Nanyang Technological University, Singapore (NTU Singapore) have announced a collaboration over the next five years to conduct breakthrough research to advance digital trust leveraging both Ant International’s industry experience and NTU Singapore’s research expertise on Privacy Enhancing Technologies (PETs). Senior Minister of State Tan Kiat How, Ministry of Digital Development…
Axelspace Announces New Service AxelLiner Laboratory
July 18,2024, TOKYO, Japan : Axelspace Corporation announced the launch of AxelLiner Laboratory (AL Lab), a new service under AxelLiner introduced in 2022. This service specializes in in-orbit demonstration of space components with sales set to begin in the near future. Additionally, a new memorandum was signed between Axelspace and ASPINA Shinano Kenshi Co., Ltd., a partner in developing a reaction wheel for microsatellites since…