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shankar besta

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APAC foodservice sector progressing in sustainability through local sourcing and waste reduction, says GlobalData

With a burgeoning population and an ever-increasing demand for food, the Asia-Pacific (APAC) region faces a critical challenge in the foodservice sector – how to meet the needs of a growing population while safeguarding the environment for future generations. As a result, sustainability has emerged as a central theme in the region’s foodservice sector, as […]
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New recycling facilities could improve Tata Motors’ profit margins in near future, says GlobalData

Following the news that Tata Motors has opened its second registered vehicle scrapping facility (RVSF) in Bhubaneswar, Odisha, India; Rupayan Chakraborty, Automotive Analyst at GlobalData, offers his view: “Tata Motors, one of the renowned MNCs, inaugurated its second vehicle recycling facility in India for end-of-life vehicle recycling. The expansion is expected to lead to numerous […]
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LVMH continues its outperformance amid economic pressures, says GlobalData

Following yesterday’s release of LVMH’s figures for the six months ending 30 June 2023; Pippa Stephens, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “LVMH’s exceptional growth has continued, with reported group revenue for H1 FY2023 rising by 15.0% to €42.2bn, as its products remain highly desirable despite ongoing […]
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Australia telehealth devices market to grow at 10% CAGR through 2030, forecasts GlobalData

Australia is making impressive strides in telehealth advancements, capitalizing on the integration of technology in healthcare. Against this backdrop, Australia’s telehealth devices market is set to grow at a compound annual growth rate (CAGR) of around 10% between 2023 and 2030, forecasts GlobalData, a leading data, and analytics company. GlobalData’s report, ‘Telehealth Market Size (Value, Volume, […]
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Digitalization and personalization key for Indonesia’s foodservice sector growth, says GlobalData

The foodservice market in Indonesia has been experiencing dynamic trends that reflect the country’s diverse culinary landscape and evolving consumer preferences. From the influence of digital technology to the growing emphasis on personalized menus, the industry has undergone significant transformations in recent years. As one of the largest and most vibrant markets in Southeast Asia, […]
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Product recalls threaten Medtronic’s position in implantable cardioverter defibrillator market, says GlobalData

Medtronic recently issued a recall for its nearly 350,000 implantable cardioverter defibrillator (ICD) devices, which include product lines such as Cobalt, Evera and Visia. These products are their most prominent devices and, in the past, have established Medtronic as the market leader, accounting for an estimated 40% of the ICD market. Against this backdrop, the […]
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Positive FDA meeting could allow Iovance gain accelerated approval for TIL therapy, says GlobalData

On July 10, Iovance Biotherapeutics announced they received positive feedback from the FDA on the design of their Phase II IOV-LUN-202 study evaluating tumor-infiltrating lymphocyte (TIL) therapy LN-145 in patients with advanced non-small cell lung cancer (NSCLC). Following their Pre-Phase III meeting with the agency, the therapy may be acceptable for accelerated approval, says GlobalData, […]
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Insurers need to keep targets to combat climate change, says GlobalData

Industry experts believe insurers sticking to targets around both underwriting carbon-emitting projects and investing in polluting companies, industries, and funds is the most important thing they can do to fight climate change, as the Net-Zero Insurance Alliance (NZIA) drops the requirement for members to keep issuing targets amid leading players leaving the collaboration, according to […]
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China’s growing military cooperation with Russia aimed at countering US in Indo-Pacific region, says GlobalData

Following the news that China is currently conducting a joint naval drill with Russia in the Sea of Japan: Udayini Aakunoor, Defense Analyst at GlobalData, a leading data and analytics company, offers her view: “The Northern/Interaction-2023 naval exercise undertaken by China and Russia appears to be a reciprocation to the recent naval missile defense exercise […]
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Alarming surge in healthcare cybersecurity breaches warrants improved protection measures, says GlobalData

The healthcare industry’s rapid adoption of digital health services and the progression of interconnected devices have revolutionized patient care and operational efficiency. However, this digital transformation has also exposed healthcare systems to a mounting wave of cyberattacks, which warrant improved protection measures, says GlobalData, a leading data and analytics company. According to GlobalData’s Q2 2023 […]
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Barbie’s mass appeal and strong visual identity allows brands to capitalize with dedicated collections, says GlobalData

Following the many announcements of collaborations between fashion brands and the Barbie film ahead of its release on the 21st of July 2023; Louise Deglise-Favre, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “The upcoming Barbie film and its accompanying press tour have captivated consumers, with social media buzz generated […]
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Australia’s defense acquisitions demonstrate prioritization of modernization and indigenous capabilities, says GlobalData

Australia’s defense equipment has undergone significant modernization recently, with a notable emphasis on indigenous capabilities. Recent acquisition programs such as the LAND 400 Phase 2 Mounted Combat Vehicle, Hunter-class (SEA 5000), F-35A, and Remotely Piloted Aircraft Systems (RPAS) reflect Australia’s intent to enhance its military capabilities across multiple domains. The acquisitions demonstrate the prioritization of […]
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Manufacturing costs to play key role in uptake of Nuvola’s technology to prevent EV battery fires, says GlobalData

Following the news that Nuvola Technology has introduced a new product to eliminate EV battery fires; Rupayan Chakraborty, Automotive Analyst at GlobalData, offers his view: “Electrification is one of the primary factors influencing the ongoing shift in the global mobility sector. This trend is likely to intensify as a result of recent geopolitical events, favourable […]
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M&A activity of pharma CMOs will continue despite challenging borrowing environment, says GlobalData

The mergers and acquisitions (M&A) activity of well-capitalized pharmaceutical contract manufacturing organizations (CMOs) is set to continue over the coming years despite a challenging borrowing environment due to rising inflation and interest rates, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘M&A in the Contract Manufacturing Industry: Implications and Outlook – […]
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Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis top M&A legal advisers by value, volume in North America in H1 2023, finds GlobalData

Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the North American region for H1 2023 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value and volume of M&A deals on […]
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Goldman Sachs and Houlihan Lokey top M&A financial advisers by value, volume in North America in H1 2023, finds GlobalData

Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the North American region for H1 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on […]
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