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MUMBAI, India 
EBIT Margin improves to 15%
(BUSINESS WIRE)--LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the first quarter ended June 30, 2024, as approved by its Board of Directors.

“While the environment remains unchanged, fiscal 25 started on a positive note for us with Q1FY25 revenue of USD 1.1 billion, registering a 2.5% QoQ and 3.5% YoY revenue growth in USD terms. Our Q1FY25 EBIT expanded to 15% and order inflow remained stable at USD 1.4 billion. Our top 3 industry verticals and our largest geography have performed well sequentially. This is attributed to a measured uptick in IT spending for critical initiatives with clients balancing innovation and fiscal prudence.”

-Debashis Chatterjee, Chief Executive Officer and Managing Director

Key financial highlights:

Quarter ended June 30, 2024

In USD:
- Revenu ... Read more »

Views: 9 | Added by: africa-live | Date: 07.18.2024 | Comments (0)

Hisense's strategic roadmap for the future

QINGDAO, China, July 16, 2024 (GLOBE NEWSWIRE) -- Hisense, a global leader in home appliances and consumer electronics, unveiled its ambitious growth plans at its Partner Conference in Berlin. Fisher Yu, Hisense Group President, delivered a keynote address titled "Beyond Champion, Beyond Glory" outlining strategic upgrades focuse ... Read more »

Views: 11 | Added by: africa-live | Date: 07.18.2024

LOS ANGELES 
Providing Game Developers with Seamless Integration for Immediate Revenue Generation
(BUSINESS WIRE) -- 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 approach facilitates seamless integration and provides developers of any size with instant tools to open new revenue streams for their games. Xsolla partners with game developers and studios of all sizes, offering a swift process to sign license agreements, integrate solutions, and generate revenue promptly, accelerating go-to-market time with direct-to-consumer solutions.

David Stelzer, President of Xsolla, comments: "Xsolla Instant Solutio ... Read more »

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TAIPEI, Taiwan - Wednesday, 17. July 2024 AETOSWire

(BUSINESS WIRE) -- Taiwan has announced its delegation for the upcoming Paris Olympics, set to kick off on July 26. The team consists of 60 athletes, 39 coaches, and 23 first-time competitors, representing Taiwan in 16 sports categories. The athletes will depart for Paris starting July 17, with the archery team arriving first.

Among the notable athletes representing Taiwan is Tai Tzu-ying, ranked third in the world in women's singles badminton, who will make her final attempt at an Olympic gold medal. Hsieh Su-wei, the world’s second-ranked women’s double tennis player, will team up with Tsao Chia-yi to represent Taiwan. Kuo Hsing-chun, the world record holder in the women's 59kg weightlifting category for snatch, clean and jerk, and combined will also be competing.

For male athletes, table tennis player Chuang Chih-yuan will make his sixth Olympics appearance, setting a record for the mo ... Read more »

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LUXEMBOURG - 
SES to deliver all RTL Deutschland’s TV offerings in SD, HD and UHD on its prime TV neighbourhood at 19.2 degrees East

(BUSINESS WIRE) -- SES and RTL Deutschland have extended their long-term partnership to deliver a wide range of high-quality TV channels to audiences across Germany and Austria. The extension will run to the end of the decade. RTL Deutschland’s TV offering will also continue to be available on HD+, SES’s high-definition satellite TV platform in Germany.

The agreement, which covers the distribution of SD, HD and UHD TV channels via SES’s prime TV neighbourhood at 19.2 degrees East, will help ensure that viewers across the region can access their favourite programmes with an optimal viewing experience, including RTL, VOX, ntv, NITRO, SUPER RTL, TOGGO plus, RTLup, VOXup, RTLZWEI and the RTL UHD event channel.

In addition to satellite capacity, SES will now provide uplinking services for RTL Deutsc ... Read more »

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NEW YORK - 
Created by ELC’s NIV and launched in partnership with NYKAA, BEAUTY&YOU India enters its third year focused on Supercharged Futures in the Indian Beauty Sector

(BUSINESS WIRE) -- 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, innovators, and creators through a competitive application process that will be open to prospective applicants on July 16, 2024, through August 29, 2024, via www.beautyandyouawards.com. Winners will be announced on November 16, 2024, at a live event in Goa.

The 2024 program builds on the su ... Read more »

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NOIDA, India & SAN FRANCISCO - Wednesday, 17. July 2024 AETOSWire Print 

The Allure integration allows for seamless setup and detailed, consolidated reporting, making it easier for teams to access and analyze test results

 

(BUSINESS WIRE)--LambdaTest, a leading cloud-based unified testing platform, is thrilled to announce the integration of Allure Reports with HyperExecute. This new integration aims to transform the test reporting landscape, offering a more streamlined, detailed, and visually appealing way to manage and review test results.

Allure Framework is a versatile, lightweight, multi-language test reporting tool that provides a concise representation of tested functionalities through visually appealing web reports. It facilitates the easy extraction of valuable information for all stakeholders involved in the development process, enhancing collaboration ... Read more »

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LONDON - Wednesday, 17. July 2024

(BUSINESS WIRE) -- Vitruvian Partners today announces that Tassilo Arnhold has joined the Partnership and the global leadership team for financial services.

Arnhold joins Vitruvian from AnaCap, where he spent the past ten years leading numerous successful buyout deals and most recently co-running the firm as a Managing Partner. Mike Risman, Managing Partner of Vitruvian Partners, said, "We are delighted to welcome Tassilo to Vitruvian. He will strengthen our financial services efforts globally in a co-leadership role, and add to our business services and technology capabilities. His outstanding investment track record speaks for itself. It's rare to have the opportunity to partner with such a senior and experienced leader in our industry. Tassilo has integrated with our Partnership seamlessly and we look forward to continuing to build our firm together."

Tassilo Arnhold commented, "I am grateful to my colle ... Read more »

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(BUSINESS WIRE)--Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, today released the latest installment of its Empowering Innovation Together (EIT) technology series, exploring the unique attributes of human-machine interfaces (HMI) for everyday devices and industrial applications. With the evolution of HMI, engineers are blending intuitive, user-centric designs with cutting-edge technologies to introduce a host of novel capabilities. In this series, Mouser takes a deeper look at the future technological and societal impact of HMIs across our devices, cars, houses, and each other.

 

Engineers are leveraging the principles of natural human behaviors, capabilities, and cognitive ... Read more »

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Schaffhausen, Switzerland - Wednesday, 17. July 2024


Award-winning cybersecurity and data protection tool safeguards data against modern cyber threats

 

Acronis, a global leader in cybersecurity and data protection, is pleased to announce that its flagship product, Acronis Cyber Protect Home Office, is reverting to its original name, Acronis True Image, with the new version release. Users across the globe can now experience the latest release of Acronis True Image, featuring enhanced performance and cybersecurity capabilities to meet today’s cybersecurity challenges.

 

Introduced in 2003, Acronis True Image has been a household name that has kept home users safe for decades. The decision to reestablish its founding name honors the company’s history and customers' trust in the product over the years.

 

Acronis True Image is Acronis’ acclaimed product offering specifically designed for ... Read more »

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AURORA, Colo. - Tuesday, 16. July 2024

New facility to support company’s U.S. mission to deliver a smoke-free future by moving legal-age consumers who smoke to better alternatives

Aurora facility joins existing smoke-free product manufacturing sites in Owensboro, Ky., and Wilson, N.C.

(BUSINESS WIRE) -- Today, Philip Morris International Inc. (PMI) (NYSE: PM) announced an investment of $600 million over the next two years through one of its U.S. affiliates to open a state-of-the-art manufacturing facility in Aurora, Colo. The facility is expected to create 500 direct jobs with ongoing annual economic impact of $550 million and an additional 1,000 indirect jobs* for the State of Colorado as it produces Swedish Match ZYN nicotine pouches to help meet the growing global demand from legal-age consumers for smoke-free products.

“PMI and its U.S. affiliates are accelerating their mission to move adults who smoke away from cigarettes in the U.S. ... Read more »

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RIYADH, Saudi Arabia - Tuesday, 16. July 2024

The new special economic zone offers the MENA region’s largest shipyard and a significant maritime hub, backed by the Saudi government and major industry players Aramco, Lamprell, Bahri, and Hyundai Heavy Industries.

 

(BUSINESS WIRE)--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 will focus on shipbuilding, repair, offshore rig fabrication, and repairing, utilizing modern technologies like AI, IoT, and renewable energy sources. Additionally, a fully integrated offshore cluster aims to localize the end-to-end offshore supply chain.

... Read more »

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CHICAGO - Wednesday, 17. July 2024 AETOSWire 

NielsenIQ (NIQ) helps beer and spirits manufacturers track market share and sales performance in more On Premise markets amid significant shifts in consumers’ drinking habits.
On Premise crucial for connecting with consumers and building brand equity for Beverage Alcohol brands.
 

(BUSINESS WIRE)--NIQ powered by CGA is expanding its On Premise Measurement (OPM) globally. On Premise accounts for 61% of global beverage alcohol value sales, making it vital for brand owners to continue to invest in the channel. On Premise provides an important platform for building brand equity and long-term consumer loyalty. This, in part, is demonstrated by the fact that beverage alcohol brands have overall been less impacted by the threat of private label than other FMCG categories. The volume of private labels in Off Premise accounts for less than 10% of total sales, (a figure far lower than the equivalent for ... Read more »

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(BUSINESS WIRE) -- 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 2020. The companies have agreed to launch the wheel in 2026 and conduct an in-orbit demonstration, making it the first to utilize AL Lab.

 

Axelspace announcement

https://www.axelspace.com/news/axellinerlaboratory/

 

Meeting the growing need for in-orbit demonstration

Introducing AxelLiner in 2022, Axelspace has been preparing for its full-scale service launch. This preparation included developing a versatile bus system for microsatellites, forming the Spacecraft Manufacturing Alliance for mass produc ... Read more »

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