Day: March 1, 2021

FORM 8.3PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1.         KEY INFORMATION2.         POSITIONS OF THE PERSON MAKING THE DISCLOSUREIf there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)All interests and all short positions should be disclosed.Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should...

Pune, India, March 01, 2021 (GLOBE NEWSWIRE) — According to the report, Connected Car Market size is projected to reach USD 48.77 Billion value by 2027, exhibiting a CAGR of 26.3%. The Connected Car Industry was valued at USD 14.34 billion in 2019. Emergence of automotive electronic startups will enable this market to reach greater heights in the coming years. Wireless connectivity systems in cars are a trend that is gaining considerable traction in the automotive industry.Recognizing the potential offered by these changing dynamics, several startups specializing in automotive electronics and communications have come up and are advancing connected car technologies. For example, Connexion, an internet of things (IoT) startup based in Melbourne, Australia, provides infotainment systems, fleet management solutions, and cloud-based...