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Shipping Corp board approves changes in demerger scheme for non-core assets

Shipping Corp board approves changes in demerger scheme for non-core assets

State-owned Shipping Corporation of India on Monday said its board has approved certain modifications in the scheme of arrangement for demerger of the company's non-core assets into Shipping Corporation of India Land and Assets Ltd. As part of the strategic sale process, the government is hiving off Shipping House, training institute and some other non-core [...]
HCL Tech to buy digital banking company Confinale

HCL Tech to buy digital banking company Confinale

HCL Technologies UK, a subsidiary of IT services company HCL Technologies, has signed a definitive pact for acquisition of Switzerland-based Confinale, a digital banking and wealth management consulting specialist. With this strategic acquisition, HCL will expand its footprint in the global wealth management market with emphasis on Avaloq consulting, implementation and management capabilities, it said [...]
Railways signs MoU with C-DOT for using local gears, cut dependence on foreign technology

Railways signs MoU with C-DOT for using local gears, cut dependence on foreign technology

The Railways Ministry and the Centre for Development of Telematics (C-DOT) have signed an MoU for developing local digital solutions for railways to reduce its dependence on foreign technology, a top official of the DoT's research unit said on Monday. Under the agreement, C-DoT is expected to replace over Rs 2,100 crore of foreign technology [...]
Reducing Automotive Air Pollution with Advanced European Emission Control Technology for India

Reducing Automotive Air Pollution with Advanced European Emission Control Technology for India

ALCOR CB M&A closes a JV transaction between European Company Autometal and Dewas Hydoquip India to bring in the “State of the Art” Technology for Emission Control Systems to India and Asian Markets. Autometal, a European company is bringing in the latest technology for emission control by partnering with an Indian company Dewas Hydroquip from [...]
Reliance Brands signs franchise agreement with Italian luxury shoemaker Tod’s

Reliance Brands signs franchise agreement with Italian luxury shoemaker Tod’s

Reliance Brands Ltd (RBL) on Monday said it has entered into a long-term franchise agreement with Tod’s SpA to become the official retailer of the Italian luxury lifestyle brand for the Indian market. As per the agreement, RBL is the official retailer of the brand across all categories, including footwear, handbags and accessories in the [...]
Reducing Automotive Air Pollution with Advanced European Emission Control Technology for India

Premas Biotech Announces Appointment of Saumen Chakraborty to Board of Directors

Gurugram, Haryana, India – Business Wire India Premas Biotech today announced the appointment of Saumen Chakraborty to the Premas Biotech Board of Directors, effective April 29 2022. “We are pleased to welcome Saumen Chakraborty to the Premas Biotech Board,” said Mr Avijit Das, Founder Chairman, Premas Biotech. “Saumen’s deep experience in global Pharma businesses with [...]
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