Thursday, May, 23, 2019 01:44:52

Category: Business

Ola in discussions to acquire 26% stake in carpooling app sRide

The negotiations are currently believed to be at the diligence stage Numerous investment firms might pump in capital in a fresh round or could participate alongside Ola to invest in sRide Ola, the India-based ride hailing platform owned by ANI Technologies is reportedly in talks …

Esker, Fuji Xerox tie-up offers cloud-based accounts payable solution

Esker will be able to expand geographically in Asia to deliver intelligent process automation solution to Fuji Xerox customers. Global leader in AI-powered document process automation and a cloud computing pioneer, Esker, has recently made an announcement confirming that it has partnered with communications and …

Collision repair industry contenders join hands in landmark deal

Popular collision repair firm Caliber Collision Centers has apparently announced that it has closed a merger deal with Abra Auto Body Repair of America. Reliable reports cite that the merger serves to bring together the trusted brands, talented teams, and industry-leading operations of both the …

Lockheed Martin to form a long-term defense partnership with India

American aerospace and defense security company Lockheed Martin has reportedly proposed a so-called game-changing partnership with India due to its interest in the country’s immense military modernization. Vivek Lall, VP of Aeronautics Strategy and Business Development at Lockheed Martin, was quoted saying that the defense …

Siemens Gamesa bags 270 wind turbine supply order from ReNew Power

 The 270 wind turbines would be helping ReNew Power set up a capacity of 567 MW for its two wind-power facilities.  Siemens Gamesa would also be facilitating infrastructure to help install & operate both wind-energy farms. Siemens Gamesa Renewable Energy (Siemens Gamesa), a Spanish renewable …

No-deal Brexit fears push Barclays to transfer €190bn to Dublin

Investment banking and financial services company Barclays has reportedly decided to transfer assets worth €190 billion from the UK to Ireland as the bank prepares itself for a potential no-deal Brexit. The high court recently approved the lender’s Brexit contingency plans, that includes the transferring …

Global Marine Group partners with Rovco to offer subsea IRM solutions

Rovco, the subsea technology company, has reportedly entered into an invested partnership with Global Marine Group (GMG) for bringing intelligent inspection, repair and maintenance (IRM) solutions for the offshore market worldwide. Supposedly, the partnership would involve the companies working together to offer a range of …