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International Game Technology to sell B2C business for €950 million

International Game Technology to sell B2C business for €950 million

According to reliable sources, London-headquartered multinational gaming company, International Game Technology PLC (IGT), recently announced that Lottomatica Holding S.r.l., it’s wholly owned subsidiary, has signed a definitive agreement to sell 100% of share capital of Lottomatica Scommesse S.r.l. and Lottomatica Videolot Rete S.p.A to Gamenet Group S.p.A.

For the record, Gamenet Group S.p.A. is a leading Italian gaming company that develops public games which are authorized by the Agenzia delle Dogane e dei Monopoli (Customs & Monopolies Agency).

Reportedly, the recent transaction by IGT is aimed at monetizing its authoritative status in the Italian B2C vertical of sports betting, gaming machines, and digital

Hitachi ABB Power Grids to contribute towards UK’s zero-carbon future

Hitachi ABB Power Grids to contribute towards UK’s zero-carbon future

According to reliable sources, Hitachi ABB Power Grids has launched the Phoenix project, a year-long trial of the first-of-its-kind hybrid solution, in Scotland. The company is expected to revolutionize United Kingdom’s electric network by offering a smooth transition from conventional energy generation to renewable power.

The Ofgem NIC (Network Innovation Competition), developed by electricity regulator of the United Kingdom, Ofgem, has funded the Phoenix project which began in 2018. It is also worth mentioning that Hitachi ABB Power Grids has teamed up with Technical University of Denmark, the University of Strathclyde, and SP Energy Networks to deliver an innovative hybrid solution, sources claimed.

Hitachi ABB Power G

Delta Air Lines to execute international COVID-19 contact tracing program

Delta Air Lines to execute international COVID-19 contact tracing program
  • In a potential partnership with the CDC, Delta would collect international traveler data for COVID-19 contact tracing.
  • The move comes on heels of the airline’s initiative to offer safe flight amidst the ongoing coronavirus pandemic scare.

Ever since the upliftment of lockdown norms across various states and countries around the globe, airline companies have begun implementing several regulations and initiatives to offer proper and safe flying experience to all its travelers. In one such instance, Delta Air Lines has come out strong to become the first carrier in the United States to collect information from the international travelers for carrying out COVID-19 contact tra

Indigo to remove LWP norms for employees starting 1st January 2021

Indigo to remove LWP norms for employees starting 1st January 2021
  • The move comes on heels of Indigo’s fulfillment of 70% pre-covid capacity
  • The airline is currently operating 1,000 daily domestic as well as international flights

Employees of one of India’s largest airline companies- Indigo, are set to embrace the new year on positive note, with the company CEO- Ronojoy Dutta- announcing slashing off Leave Without Pay (LWP) across all departments, with effect from 1st January 2021.

Ever since the COVID-19 pandemic dented the Indian aviation industry, the airline company was in a fit due to stringent lockdown norms and regulations amended by the country.

As per reliable reports, the move follows government’s d