Infosys stock surges! Record deals and growth push IT giant’s stock higher—FY25 guidance revised

Infosys stock surges! Record deals and growth push IT giant’s stock higher—FY25 guidance revised

Infosys, a global leader in digital services and consulting, delivered a robust Q2 FY25 performance, achieving revenues of $4.894 billion. This result indicated a sequential growth of 3.1% and a year-on-year increase of 3.3% in constant currency. Supported by large deals totaling $2.4 billion—41% of which were new contracts—Infosys demonstrated its capacity to secure significant […]

Infosys and Polestar join forces to launch technology hub in Bengaluru

Infosys and Polestar join forces to launch technology hub in Bengaluru

In a groundbreaking move that underscores the growing synergy between technology and the automotive industry, Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, has officially announced a strategic collaboration with Polestar (Nasdaq: PSNY), the Swedish electric performance car brand. This partnership marks a significant step toward enhancing Polestar’s capabilities […]

Polestar 4 elevates autonomous driving with Luminar LiDAR and Mobileye Chauffeur integration

Polestar 4 elevates autonomous driving with Luminar LiDAR and Mobileye Chauffeur integration

Polestar, a cutting-edge automotive brand, is collaborating with Luminar and Mobileye, leaders in automotive technology and autonomous driving solutions, to integrate Luminar’s next-generation LiDAR technology with Mobileye’s Chauffeur platform into the Polestar 4. This integration is poised to enhance the safety and autonomous driving capabilities of the vehicle. Announced in August, the Polestar 4 is […]

Polestar partners with Mobileye to integrate autonomous tech in Polestar 4

Polestar partners with Mobileye to integrate autonomous tech in Polestar 4

Polestar and Mobileye have announced a groundbreaking collaboration aimed at incorporating autonomous driving technology into the forthcoming Polestar 4 electric vehicle (EV). The autonomous capabilities will be built on Mobileye’s Chauffeur AV platform and integrated by ECARX, bringing a new layer of advanced, on-demand convenience to Polestar’s performance EVs. Polestar 4 Sets Stage for Autonomous […]

Volvo Cars, Northvolt to build battery manufacturing plant in Gothenburg

Volvo Cars, Northvolt to build battery manufacturing plant in Gothenburg

Volvo Cars and Northvolt will build a new 50GWh battery manufacturing plant in Gothenburg, Sweden with an investment of around SEK 30 billion ($3.28 billion) while offering up to 3,000 new jobs. To begin operations in 2025, the Swedish battery manufacturing project will also have a research and development center. The latter will begin operations […]

Polestar secures $550m investment to accelerate electric vehicle innovation

Polestar secures $550m investment to accelerate electric vehicle innovation

Polestar, the renowned Swedish electric performance car manufacturer, has announced a significant financial boost, securing an investment of USD 550 million from a consortium of long-term investors. This funding round is led by Chongqing Chengxing Equity Investment Fund Partnership, Zibo Financial Holding, and Zibo Hightech Industrial Investment, with additional contributions from SK Inc., a South […]