About Author : Sunil Hebbalkar

Sunil Hebbalkar

Sunil Hebbalkar develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post graduate mechanical design engineer by qualification, he worked as an intern at the defense lab for one year in the engine design and development department before switching his professional genre. Following his technical writing skills, he opted for a career in writing and now pens down articles pertaining to market research, business trends, and the latest industry news.



Contribution by Sunil Hebbalkar

Hybrid cloud services to revolutionize enterprise storage market, security companies to profit from rising data threats

The global cloud space is rapidly expanding its horizons, owing to which cloud-based enterprise storage market is on a definite upswing. Cloud services have literally reached the pinnacle, with every business and enterprise demanding a share of the c...

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Massive growth spectrum ahead for 3D technology market, 3D printers to accumulate a major chunk of the industry stake

3D technology market has always been, and will continue to be an attractive sector for tech giants to invest in. With a rush of top notch companies involved in this competitive business space, 3D technology industry size is projected to record a lucr...

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Flipkart takes over eBay India, Amazon to face critical competition on the Indian turf

In a bid to outshine the world’s most popular online retail giant, Amazon, Flipkart has officially acquired eBay’s India operations as of March 2017. India’s largest online retailer has also brought Tencent and Microsoft on board to...

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Netflix’s global subscribers to cross the much-awaited 100 million mark

Netflix, the famous American entertainment firm, is on the brink of surpassing a global subscriber count of 100 million very soon. Reports cite that the prediction was made after the company’s earnings from the first quarter of 2017 were releas...

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Uber aims to launch flying automobiles by 2020, Dallas and Dubai await trial runs

Uber’s recent announcement of introducing flying cars by the end of 2020 has made sensational headlines all over the globe. The 8-year old transportation network giant has revealed its ambitious plans of launching taxis that resemble small elec...

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ChemChina-Syngenta acquisition treading on eggshells as NFU beckons FTC to resist the deal

The National Farmers Union (NFU) has called upon the Federal Trade Commission (FTC) to oppose the recently proposed acquisition of Syngenta by ChemChina. ChemChina (China National Chemical Corporations), the Chinese state-owned chemical company spec...

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Commendable surge recorded in the cybersecurity shares post the WannaCry Ransomware Cyber-Attack: FireEye and Symantec Corp encountered a decent stock hike

Global cyber security industry shares are witnessing a rapid surge in response to the recent wave of “WannaCry Ransomware” cyber-attack, which has smashed more than 200,000 computers in 150 countries. The attackers have reportedly demande...

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Amazon to establish warehouse in Australia to commence business operations, retail behemoth likely to face tough challenges on the Aussie turf

Renowned American e-commerce and retail giant, Amazon Inc., is looking forward to purchasing a high-end warehouse in Australia to expand its operations in the region. According to reliable reports, however, the company is likely to face unconventiona...

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Tata Communication and Alibaba join hands to transform the business landscape of global enterprises

Tata Communications has inked a deal with Alibaba Cloud, the cloud computing arm of Alibaba Group- founded in 1999 when Jack Ma launched the website Alibaba.com. This strategic partnership between the two companies has enabled 150 countries including...

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Tesla almost in agreement with regards to opening its first manufacturing unit in China

Reputed American automaker and energy storage company Tesla is on the verge of a major accomplishment, with its forthcoming business expansion in the China market. As per authentic snippets from the auto industry universe, China is the largest automo...

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European Investment Bank (EIB) plans to terminate Volkswagen from research funding citing the infamous Dieselgate scandal

The European Investment Bank (EIB) has apparently decided to cut off Volkswagen from any type of funding for research activities owing to the alleged emissions cheating scandal. This move is likely to prove disastrous for Volkswagen, considering its ...

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GM plans to introduce Maven Gig, its app-based car rental program in Los Angeles

Renowned American automaker, General Motors, is on the verge of expanding the scope of its rental car business, not only for passenger services, but also for delivering food across LA and other cosmopolitan cities. Apart from the U.S., GM has commenc...

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China government declares cyber-crime investigation: Sina Weibo, Baidu, and Tencent under scrutiny for breaking cyber laws

The government of China has declared an investigation involving three top-notch Chinese media giants - Sina Weibo, Baidu, and Tencent under the cyber security legislation. These three companies have reportedly violated the cybersecurity laws and have...

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The U.S. government’s Oil and Gas Leasing Program ushers in high bids worth more than USD 121 million

Major behemoths operating in the oil and gas market have purchased oil blocks in the U.S. waters in the Gulf of Mexico that has generated approximately USD 121.14 million in high bids. The sale received bids for 90 tracts, which approximately covers ...

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The UK Government aims to ban new petrol and diesel cars to regulate the pollution levels in the country

The UK government has been planning to introduce a ban on the usage of diesel and petrol based vehicles with an aim to reduce the air pollution levels in UK and improve the air quality, which has reportedly been taking a turn for the worse due to the...

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Maersk settles energy deal with Total to divest its oil unit for USD 7.5 billion

Globally acclaimed Danish conglomerate, Maersk, has been planning to sell its energy business to the French integrated oil and gas company, Total SA. Through this deal, Maersk will receive approximately USD 7.5 billion for the entire sale from Total....

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Renault-Nissan to penetrate Chinese electric car market, ties up with automaker Dongfeng

With regard to the favorable initiations taken by Beijing government to improve air quality, Renault-Nissan has signed an agreement with the Chinese automaker Dongfeng to develop electric vehicles. With this joint venture, Renault-Nissan Alliance ha...

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Jazz Pharmaceuticals signs a deal with Immunogen to develop and commercialize ADCs

Ireland-based biopharmaceutical company Jazz Pharmaceuticals is planning to team up with ImmunoGen Inc., one of the many pharma giants reputed for the development of antibody-drug conjugate therapeutics. Jazz is planning to invest USD 175 million in ...

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ESB to execute an offshore wind power plant in Ireland worth close to a billion Euros

The latest news in the renewable energy cosmos is that of ESB aiming to profoundly penetrate the offshore wind industry. Taking into account the several energy and environmental benefits of renewables, the Irish Government has planned to develop a wi...

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Hyundai Motor’s production in China comes to a standstill on account of product supply disruption

Reputed South Korean automaker Hyundai Motor has been facing a stumbling block – the production in one of its Chinese factories has been halted due to supply disruptions. The company’s officials have announced the shutdown of this product...

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China implores Denmark on wind farm development, aims to leverage its position in offshore wind industry

The renewable energy bandwagon is replete with the news of China tapping Denmark for the development of an offshore wind farm in its home ground, in a bid to control GHG emissions and consolidate its position in the sustainability landscape. China&rs...

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DowDuPont announces the realignment of its post-merger plan

DowDuPont, the joint venture between chemical giants Dow Chemical Company and DuPont, has changed its post breakup plan pertaining to the opposition from a select number of shareholders to bring about changes in the corporate strategies. For the reco...

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IT service behemoth UST Global to make a substantial investment in Singapore’s MyDoc

UST Global, the renowned American multinational provider of digital technology, IT services and solutions, has lately been eyeing the healthcare market prospects across the Asia Pacific and Europe regions with an aim to provide advanced digital healt...

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Anheuser-Busch inks PPA agreement with Enel Green Power to be a part of the global renewable energy goal

Renowned U.S. based beer giant Anheuser-Busch has signed a contract to purchase power produced at an Oklahoma wind farm, as a strategic part of its future goal to become 100% dependent on renewable energy sources for electricity. The Oklahoma based w...

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Bayer receives approval from the FDA to sell its cancer drug Copanlisib in the U.S.

The renowned German pharmaceutical, chemical, and life sciences company, Bayer has scarcely received regulatory approval from the U.S. Food and Drug Administration (FDA) to sell its cancer drug to treat lymphoma. It is prudent to mention that FDA&rsq...

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Waymo inks a pivotal deal with Intel to develop an in-house self-driving computer design

The reputed American multinational corporation and technology company, Intel, has recently signed an agreement with Waymo, with regards to the latter’s decision of going in-house to develop the core technology for its self-driving system. For t...

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Daimler invests USD 1 billion in U.S. auto plant to build first electric SUV

The reputed German automaker, Daimler has announced the expansion of its manufacturing plant in the U.S., with an aim to consolidate its position in the electric vehicle market. The company plans to commence the production of a fully electric SUV at ...

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Dubai to host the testing module of the world’s first driverless flying taxi

In a bid to lucratively enhance the transportation system in the city, Dubai has successfully commenced the testing of its first drone taxi service. Reportedly, this aerial taxi will transport passengers across the city without the assistance of pilo...

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Ford inks partnership with Mahindra & Mahindra to ramp up its position in India automotive industry

The American multinational carmaker, Ford Motor Company, has recently signed an agreement with Mahindra & Mahindra in a bid to use the latter’s operational skills to innovate advanced technologies in the ever-growing automotive market. Ford...

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EU orders Luxembourg to recoup USD 294 million from Amazon in back taxes

The European Union (EU) has ordered the world’s renowned e-commerce giant, Amazon, Inc., to pay back unpaid taxes amounting to USD 294 million (approximately EUR 250 million) to Luxembourg, that the company has apparently exhorted from the regi...

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CBA to pay $3 million penalty over charging unjustified advice fees

Australian multinational bank, CBA has finally decided to pay $3 million in the form of penalty after the Australian Securities and Investments Commission found two financial planning arms of the bank charged millions of dollars from customers for th...

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Walmart inches closer to purchasing a major stake in Flipkart

Globally acclaimed tech giant Amazon is reportedly looking forward to winning over Walmart’s bid to take over Flipkart, the leading Indian e-commerce company, Flipkart. Sources state that Flipkart Online Services however, may be inclined toward...

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Wanda and Tencent come together to launch smart shopping centers

The leading Chinese operator and owner of shopping centers, Wanda Commercial Management Group, has reportedly collaborated with Tencent Holdings. With this move, Wanda plausibly aims to emerge as a smart retailer across the online retail channels as ...

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Merck unveils results from Phase 2 trial of V114 vaccine in infants

V114 has secured a Breakthrough Therapy Designation from the U.S. Food and Drug Administration (FDA) to avert invasive pneumococcal disease (IPD) in January 2019. The U.S. based multinational pharmaceutical company Merck, also known as MSD outs...

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Tata Group keen on combining its chemicals and beverages businesses

In a move to strengthen its footprint in the consumer business, the Indian multinational conglomerate Tata Group is reportedly on the verge of merging its chemicals and beverages businesses, Tata Chemicals Limited (TCL) and Tata Global Beverages Ltd....

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Walmart unveils next-day delivery service to compete with Amazon

Walmart has not yet disclosed the expense of its latest delivery move. The American multinational retailer Walmart has reportedly announced to offer next day delivery option to shoppers. The move comes following the announcement by Amazon to invest ...

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McDonald’s negotiates end of its exclusive Uber Eats delivery contract

The fast food company, through the renegotiation, is looking to earn more profits for its franchisees ahead of Uber’s IPO.   The move could potentially allow other firms like Grubhub or DoorDash to make deliveries for the fast food gia...

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Novartis’ asthma candidate beats GlaxoSmithKline’s in Phase 2 trial

The clinical study linked Novartis’ QVM149 to significant lung function improvements. If a Phase 3 trial confirms the results, Novartis intends to unveil the product in 2020. Novartis International AG (Novartis), a renowned Swiss multinati...

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Singapore-based Trax to take over California awards app Shopkick

Combining shelf and shopper data will enable new and powerful insights to the FMCG companies and retailers Trax, a computer vision technology startup based in Singapore has reportedly acquired California based- Shopkick. For the record, in 2010, Tr...

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NIH and partners to start HIV vaccine trial in Europe and America

A unit of Janssen Pharmaceutical Companies of Johnson & Johnson would be sponsoring the Mosaico trial. A complementary study involving women is also currently under process in southern Africa. The National Institutes of Health (NIH), a biome...

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aBey declares impressive e-commerce-centric blockchain adoption rate

The foundation is celebrating its first year of launch on 30th July 2019. aBey announces excellent user growth on the first anniversary. Lichtenstein based aBey Foundation has recently announced the adoption metrics of the globe’s primary ...

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CTAS & ADA merge to support diabetic patients in the workplace

The union aims to develop ADA’s mission to cure diabetes and improve the lives of the people affected. The entire cost of diagnosed diabetes in the US is projected to be USD 327 billion, claims the American Diabetes Association. Cincinnati...

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Aleafia Health completes biggest order of adult-use cannabis till date

More than 13,000 cannabis plants are currently being cultivated at Port Perry Outdoor Facility, which also includes its newly licensed Zone 2. The latest order exceeds Aleafia Health’s total 2018 revenues from sale of cannabis. Aleafia He...

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Verona Pharma declares positive Phase 2 data of ensifentrine in COPD

The company announces positive results of ensifentrine for the treatment of chronic obstructive pulmonary disease. Primary and secondary lung function end-points were met successfully in the Phase 2 trial of the dry powder inhaler. United Kingdo...

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Rapid Nutrition ties up with Mr. Vitamins for competitive portfolio

The company has established a partnership with Australia’s largest natural health retailer to expand its distribution network. United Kingdom based Rapid Nutrition PLC has reportedly announced to have signed a partnership agreement with Austra...

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FDA approves Rozlytrek™ for cancer patients with ROS1-positive & NTRK

FDA approves Rozlytrek™ for cancer patients with ROS1-positive & NTRK Rozlytrek™ will be Roche’s first FDA approved medicine that targets genetically mutilated cancer as well as both ROS1 and NTRK fusions. Roche Holding AG, a...

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Target launches flagship food label with more than 2000 products

US based retailer Target has reportedly announced the launch of its new private grocery brand, Good & Gather. Starting next month, Target stores across the United States will stock the first 650 Good & Gather products which will include item...

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Biogen & Invitae introduce SMA STAT test for faster genetic testing

Global biotechnology expert Biogen Inc. and advanced genetics leader Invitae Corporation have reportedly announced their new rapid-turnaround test for genetic testing in the diagnosis for SMA (spinal muscular atrophy). The SMA STAT test is a part of...

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Altaire’s veterinary ophthalmic products recalled due to QA concerns

Altaire Pharmaceuticals recalls specific product/lots of ophthalmic drugs created for Dechra Veterinary Products, due to sterility concerns.   No adverse effects have been reported yet.   The recall has been carried out in compliance ...

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