Category: Business
DUSA Pharmaceuticals, a wholly-owned Sun Pharma subsidiary, had filed a patent infringement lawsuit against Biofrontera for using its proprietary trade secrets. The lawsuit claimed trade secret misappropriation as well as patent infringement of the firm’s photodynamic therapy patents. Sun Pharmaceutical Industries Ltd. (Sun Pharma), an …
China is currently in the news for launching a new high-speed railway line that links over 50 scenic tourist spots in the Yangtze River Delta. Having 10 stations, the new railway line extends up to 265km, where trains travel at a speed of 250kmh. According …
Infratil has reportedly announced that it plans to sell its New Zealand bus transport business to Next Capital, an Australian private equity firm. Post the transaction closure, the New Zealand firm Infratil expects to receive between $218 million and $240 million from the sale. A …
AVANT Communications, a leading next generation IT solutions-provider, has reportedly inked a partnership agreement with Logicworks, a top cloud service provider, in a bid to deliver the agent channel community cloud migration, optimization and operations services. Sources familiar with the matter claim that the master …
Graphcore, a semiconductor company based in Bristol, that develops accelerators for AI and machine learning, has reportedly declared the closure of a $200 million Series D round. Sources claim that the round was jointly led by investors European Venture Captial Atomico and Sofina, an investment …
Ripple, a San Francisco-based technology company has reportedly entered into a partnership deal with GMT, Israel’s largest bank and the fifth largest financial institution in the world. Apparently, Ripple has been rigorously expanding its palette of partnerships, despite the crypto market hitting for a bottom. …
The investment will be used to enhance Ninjacart’s agri-tech platform and spread its reach in new markets India’s agri tech startup, Ninjacart has reportedly raised $35 million in a series B funding round led by Switzerland’s Syngeta Ventures and U.S.A.’s Accel Partners. Apparently, the new …
The American retail conglomerate Walmart Inc., has reportedly planned to join forces with Flipkart, the biggest online retail company based in India, with an aim to globally utilize the technological expertise of the Indian online retailer. Reportedly, Walmart is putting in efforts to deploy the …
