Monday, June, 17, 2019 04:50:25

NGT imposes Rs 500 Cr. fine on VW India for using cheat device

The fine will be used to improve air quality in the national capital and other highly polluted areas. India’s statutory authority, the National Green Tribunal (NGT) has recently imposed a Rs 500 crore fine on German auto giant Volkswagen (VW) for damaging the capital’s air quality …

AirAsia’s new venture capital fund to help startups enter SEA market

Malaysian airline AirAsia’s digital venture arm, RedBeat Ventures, has reportedly announced the launch of a $60 million venture capital fund named RedBeat Capital. Reportedly, the fund will target several post-seed stage start-ups that are seeking to expand their footprint across Southeast Asia, with prime focus …

Motorola to sell its first foldable smartphone by summer 2019

The smartphone will revive Motorola’s older Razr flip phone design concept and will come at a $1500 price tag. Following Samsung and Huawei’s recent debut into the foldable smartphone market, U.S.-based consumer electronics firm, Motorola Mobility LLC has recently revealed plans to sell its first …