TVS Motor July sales dip 10% to 2,52,744 units

Total two-wheeler sales were at 2,43,788 units last month, as compared to 2,65,679 units in July 2019, down 8 percent, while domestic two-wheeler sales were at 1,89,647 units in the period under review, as against 2,08,489 units in the year-ago month, down 9 percent.

Coronavirus impact | Shutdown may wipe out smaller auto-parts companies

Deepak Jain, President – ACMA said, “Nil revenues in the auto component industry in the lockdown period has deepened the state of crisis in the industry and several enterprises are staring at insolvency. We urge the government to urgently infuse financial stimulus, based on our recommendations, to ensure that the industry has safe and sustainable […]

BAE Systems swoops on US companies in $2.2bn spending spree

Charles Woodburn, BAE chief executive, said the merger offers a unique opportunity to expand the company’s electronics business. This is responsible for about a fifth of BAE’s £18.4bn revenues.

Waikato food tech company plans $14m research and development centre

“It is still going to take another year to get the R&D centre built, and more time to get up to speed with recruitment and so hopefully when that’s done, the world will be a better place.”

Take-Two explains $10 price increase in next-gen games

“Obviously, we don’t speak for the industry and the industry naturally does not coordinate on these matters, to say the very least. The pricing has to reflect the quality of the experience, and we aim to provide the best experiences in the business. And from our point of view, it’s an extremely modest price change […]

Companies under fire for skin-lightening creams: “They need to ban the products”

Asked what she wants to say to girls today, she said, “I would say, first and foremost, you are beautiful. Your skin is beautiful. Your skin tells such a beautiful deep story from your ancestors back in Africa to now. There’s such a huge history there that you have coated around you. You should be […]

Canadian telecom companies ditch Huawei for 5G

Two of Canada’s largest telecoms firms have teamed with Sweden’s Ericsson and Finland’s Nokia Oyj to build fifth-generation (5G) telecoms networks, ditching China’s Huawei Technologies for the project. Bell Canada and smaller rival Telus Corp eschewed Huawei, which analysts said would ease the Canadian government’s thorny decision on whether to allow the company into Canada’s […]

Police trial AI that ‘spots child abuse cases 10 times faster’ than existing systems

“The challenge is that we are looking for red flag events – such as a child self-harming or coming into A&E with multiple broken bones,” said Ravi Gogna, Principal Consultant at BAE Systems Applied Intelligence. 

COVID-19: 10 more new cases recorded, all linked to Da Nang

All health facilities were asked to impose social distancing at crowded places of medical establishments, minimize the number of caretakers, and create airy environment in patient rooms. In addition, localities must fully carry out electronic health declaration or electronic health records as soon as possible, it said.

Trump threatens that TikTok will ‘close down’ on September 15th unless an American company buys it

The president also asserted that any deal will have to send “a very substantial portion” of the price into the Treasury Department’s coffers. He didn’t explain what this meant, but he offered an ominous comparison between the US government’s relationship with companies and the relationship between a landlord and a tenant. “Right now they don’t […]