The German electric vehicle takeoff and landing (eVTOL) aircraft developer Volocopter has filed for insolvency while seeking new investors to rescue the future flight project. The CEO of Volocopter, Dirk Hoke, confirmed on December 30, 2024, that the company filed an application for the opening of insolvency proceedings at the Karlsruhe Local Court on December…
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The German air cab manufacturer Volocopter has filed for insolvency. The company hopes to get flying after all with the help of new investors. (Archive) Keystone The ailing German air cab manufacturer Volocopter has filed for insolvency and is looking for investors. The company hopes to enter the market with new financing. The local court…
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Billionaire Mukesh Ambani‘s Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India’s most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said in a stock…