(IN BRIEF) Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at Indian Institute of Technology (IIT) Kanpur have announced a two-year strategic partnership aimed at driving innovation in Mobile Financial Services (MFS) and Fintech … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, financial innovation, Foundation for Innovation & Research in Science & Technology (F.I.R.S.T), IIT Kanpur, INDIA, Michael Wallis-Brown, Nitin Bansal, partnership, Prof. Ankush Sharma, sustainability
(IN BRIEF) A.P. Moller – Maersk (Maersk) has announced a significant upgrade to its ME2 ocean service, now including port calls to key destinations in North Europe such as Rotterdam, Felixstowe, and Bremerhaven. This strategic extension aims to benefit North … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, and Trinity Touch Pvt. Ltd., a leading provider of electrical monitoring solutions for solar power plants, have joined forces in a strategic partnership aimed at enhancing efficiency and security in the solar energy … Read the full press release
(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Achim Kassow, Africa, Ajeet Phatak, appointment, Asia Pacific, Belhassen Tonat, Brian Jinzenji, CHINA, Florian Gruson, Haruka Narahashi, Hitesh Kotak, INDIA, Japan, Joachim Zagrosek, KOREA, leadership, MENA, Michael Hauer, Munich Re, Roland Eckl, Serene Chan, South-East Asia, Surbhi Goel
(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, United Kingdom
Tagged BECIS, British International Investment (BII), clean energy, Eren Ergin, expansion, FMO, INDIA, Indonesia, Jeesun Han, Malaysia, partnership, PHILIPPINES, South-East Asia, Srini Nagarajan, sustainability, THAILAND, Vietnam
(IN BRIEF) Deutsche Bank’s Corporate Responsibility program in Asia is empowering women in agriculture across the Philippines, Sri Lanka, and India. Through partnerships and funding, women are gaining access to education, innovative farming equipment, and sustainable practices, enhancing their livelihoods … Read the full press release
Posted in Agriculture, Banks, Education, Financial, Investment, Management, Society
Tagged agri-education school system, agricultural training, agriculture, Asian agriculture, Barfi Devi, bio-digester, biofertilizer, biogas, Breaking down gender barriers, climate change, Corporate Responsibility programme in Asia, Deutsche Bank, Empowering women, Farming in Asia, food production, food security, Gawad Kalinga, gender barriers, gender divide, INDIA, Mary Kris L. Alinsub, NGO, organic waste, PHILIPPINES, renewable energy, Ruk Rakaganno, scholarships, SEED Philippines, Social Entrepreneurs, Sri Lanka and, Sumanawathie, sustainable honey production, TESDA, WOMEN
(IN BRIEF) Indian Prime Minister Narendra Modi, virtually inaugurated the first 6 km section of the Agra metro, alongside Chief Minister of Uttar Pradesh Yogi Adityanath and other dignitaries. Funded by a €450 million loan from the European Investment Bank … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Agra Metro, Cultural Heritage, Hervé Delphin, INDIA, Narendra Modi, Nicola Beer, Nina Fenton, partnership, Sushil Kumar, sustainability, urban transport, Yogi Adityanath
(IN BRIEF) DNV played a crucial role in facilitating Macquarie Capital’s decision to invest in ChargeZone, a leading Indian provider of EV charging infrastructure. Conducting technical due diligence (TDD) for the investment, DNV leveraged its expertise in the EV industry … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Brice Le Gallo, ChargeZone, DNV, EV Charging Infrastructure Expansion, Felix Liebrich, INDIA, investment, Macquarie Capital, partnership, sustainability
(IN BRIEF) A research program led by the University of East Anglia (UEA) has quantified how climate change risks increase at a national scale with rising global temperatures. Focusing on six countries including Brazil, China, Egypt, Ethiopia, Ghana, and India, … Read the full press release
Posted in Education, Energy, Gas & Oil, Environment, Science, Technology, United Kingdom
Tagged Brazil, CHINA, Climate Change Risks, Climate Risk, Climatic Change, declines in crop yields, Dr Jeff Price, drought, EGYPT, ETHIOPIA, flooding, GHANA, global warming, INDIA, loss of biodiversity, Prof Rachel Warren, RESEARCH, UEA, University of East Anglia
(IN BRIEF) EQT Private Capital Asia has finalized the sale of its remaining 26.7 percent stake in CMS Info Systems Limited, India’s foremost cash management company, through a USD 187 million block trade. During EQT’s ownership, CMS strengthened its market … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Ashish Agrawal, block trade, CMS Info Systems, EQT, Financial, INDIA, investment, partnership, Rajiv Kaul
(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release
Posted in Economy, Financial, Insurance, Switzerland
Tagged Australia, Austria, CHINA, climate change, economic losses, floods, GDP, INDIA, Intergovernmental Panel on Climate Change, IPCC, Japan, Jérôme Jean Haegeli, PHILIPPINES, property damage losses, severe thunderstorms, Swiss Re, Swiss Re Institute, Switzerland, Taiwan, THAILAND, tropical cyclones, US, US economy, weather perils, weather-related natural catastrophes, winter storms
(IN BRIEF) SCC, a European technology solutions and services firm, has announced the acquisition of Resonate, a leading provider of cloud voice and collaboration services based on Microsoft Teams. This strategic move marks SCC’s third acquisition in the past year … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged acquisition, Bob Garcia, INDIA, James Rigby, Microsoft Teams, partnership, Resonate, SCC, sustainability
(IN BRIEF) Bharti Airtel and Ericsson have successfully demonstrated the functionality of mmWave 5G on Airtel’s network in India, achieving peak speeds of 4.7Gbps during testing. This milestone showcases the potential of mmWave technology for delivering high network capacity, particularly … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G mmWave, Airtel, Ericsson, INDIA, Nunzio Mirtillo, partnership, Randeep Singh Sekhon, sustainability
(IN BRIEF) Alstom, a global leader in sustainable mobility, has successfully delivered the first indigenously manufactured trainset for the Meerut Metro project, marking a significant milestone in India’s modernization of intra and intercity rail travel. The train, manufactured at Alstom’s … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Alstom, INDIA, Meerut Metro Project, Metro Train, Oliver Loison, partnership, Shri Hardeep Singh Puri, Shri. Vinay Kumar Singh, sustainability
(IN BRIEF) In a significant move towards advancing their joint vision for e-mobility, Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed a landmark supply agreement for components of Volkswagen’s MEB platform to be integrated into Mahindra’s purpose-built electric … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged electric mobility, INDIA, INGLO, Mahindra, partnership, Volkswagen
(IN BRIEF) Ericsson and the Indian Institute of Technology Kharagpur (IIT Kharagpur) have entered a long-term collaboration focusing on joint research in the fields of AI, Compute, and Radio, with a particular emphasis on 6G technology development. Through this partnership, … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 6G Research, Ericsson, IIT Kharagpur, INDIA, Magnus Frodigh, Nitin Bansal, partnership, Virendra Kumar Tewari
(IN BRIEF) Ather Energy, a leading Indian electric scooter manufacturer, has increased its utilization of Siemens’ Xcelerator portfolio of industry software to streamline its design and engineering processes, enhance product quality, and expedite time-to-market for its electric two-wheelers. Siemens Digital … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Ather Energy, Electric Scooter, INDIA, partnership, Robert Jones, Siemens, sustainability, Swapnil Jain
(IN BRIEF) In a remarkable achievement, the sustainable castor program initiated by Arkema, BASF, Jayant Agro-Organics, and Solidaridad in May 2016 has now certified over 7,000 farmers, resulting in substantial individual yield increases. More than 7,000 hectares of semi-arid land … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged 'Pragati', Arkema, BASF, Castor Program, farmers, INDIA, Jayant Agro-Organics, Jayeshbhai Ramjibhai Mujat, partnership, Solidaridad, sustainability
(IN BRIEF) In collaboration with Arkema, Jayant Agro-Organics, and implementation partner Solidaridad, BASF’s sustainable castor farming project, known as Pragati, has achieved significant milestones in its seven-year journey. Over 7,000 farmers have been trained and certified, cultivating more than 74,500 … Read the full press release
(IN BRIEF) Pragati, the pioneering sustainable castor project implemented by Solidaridad in India, has celebrated its seventh year of achievements. With over 7,000 castor farmers certified across 100 villages, the project has entered its third phase with a renewed focus … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News
Tagged 'Pragati', Castor, INDIA, Jayeshbhai Ramjibhai Mujat, partnership, Solidaridad, sustainability
(IN BRIEF) Thales, a global technology company, has continued its support for the Carbon Zero Challenge (CZC) organized by the Indian Institute of Technology (IIT) Madras as part of its corporate social responsibility (CSR) efforts in India. The CZC 4.0 … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Carbon Zero Challenge, IIT Madras, INDIA, Mr. Ashish Saraf, partnership, Prof. Indumathi, sustainability, Thales
(IN BRIEF) A.P. Moller – Maersk (Maersk) has initiated the construction of a cutting-edge Cold Store facility in Mehsana, Gujarat, India, exclusively designed for HyFun Foods, a company specializing in frozen processed food items. This facility will provide temperature-controlled storage … Read the full press release
Posted in Business, Denmark, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Cold Store facility, HyFun Foods, INDIA, Kamlesh Karamchandani, Maersk, partnership, sustainability, Vikash Agarwal
(IN BRIEF) Denmark has launched the Green Fuels Alliance India (GFAI) initiative in collaboration with A.P. Moller – Maersk and other organizations, aiming to boost sustainable energy solutions and advance their global goal of carbon neutrality. GFAI will foster innovation, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Brdr. Christensen, Danfoss, Denmark, energy solutions, European Sustainable Solutions, Green Fuels Alliance, H.E. Freddy Svane, Hydrogen Denmark, INDIA, Jillian Evanko, Maersk, Mash Makes, Morten Bo Christiansen, Mr Tejs Laustsen Jensen, Novozymes, partnership, sustainability, Topsoe, Umwelt Energy
(IN BRIEF) A.P. Moller – Maersk (Maersk) has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu during the Tamil Nadu Global Investors Meet 2024 to explore strategic investment opportunities in land development for logistics hubs, warehousing … Read the full press release
Posted in Business, Denmark, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News, Transportation & Logistics
Tagged INDIA, infrastructure, logistics, Maersk, partnership, sustainability, Tamil Nadu Government, trade, V. Vishnu IAS, Vikash Agarwal
(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release
(IN BRIEF) Indian company PTC Industries has partnered with French aerospace giant Safran Aircraft Engines to produce titanium casting parts for the LEAP engines, underpinning India’s “Make in India” initiative. PTC Industries will leverage its expertise in advanced casting processes … Read the full press release
Posted in Aviation & Aerospace, Business, France, Industrial, Technology, Transportation & Logistics
Tagged aero engine design, casting parts, Dominique Dupuy, INDIA, Indian airlines, LEAP engines, Lucknow, M. Sachin Agarwal, PTC Industries, Safran, Safran Aircraft Engines, titanium casting, Uttar Pradesh
(IN BRIEF) In a significant development, the University of Liverpool and the National Institute of Mental Health and Neurosciences (NIMHANS) in Bengaluru, India, have solidified their extensive research partnership with the help of a generous £1.5 million pledge from the … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, United Kingdom
Tagged Dr Jitender Saini, Dr Lance Turtle, Dr Netravathi, Dr Sanjib Sinha, Healthcare, INDIA, Mr Kris Gopalakrishnan, NIMHANS, partnership, Pratiksha Trust, Professor Helen Sharp, Professor Prabha Chandra, Professor Pratima Murthy, Professor Simon Keller, Professor Tim Jones, Professor Tom Solomon, RESEARCH, sustainability, University of Liverpool
(IN BRIEF) A new report by EY highlights the pressing need for universities to revamp their digital education practices and improve the overall student experience. The report, based on data from over 3,000 undergraduate and postgraduate students across eleven countries … Read the full press release
Posted in Business, Education, Government, Industrial, Internet & Online, Management, News, Technology, United Kingdom
Tagged Australia, CANADA, Catherine Friday, digital, Education, EY, INDIA, Ireland, Japan, New Zealand, partnership, Saudi Arabia, Singapore, student, United Arab Emirates, United Kingdom, universities, US
(IN BRIEF) Zurich Insurance Group has announced a significant strategic alliance with Kotak Mahindra Bank in India, with plans to acquire a 51% stake in Kotak Mahindra General Insurance Company for $488 million. This investment marks one of the largest … Read the full press release
(IN BRIEF) Škoda Auto has inaugurated a new Parts Expedition Centre in Pune, India, with a 16,000-square-meter facility dedicated to packaging completely-knocked-down (CKD) kits of the Kushaq and Slavia models produced in India. These kits will be exported to Vietnam … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Dick, Expedition Centre, INDIA, partnership, Piyush Arora, ŠKODA AUTO, TC Group, Vietnam
(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has appointed Abbas Rangwala as the Head of M&A for Southeast Asia & India, a newly created role based in Singapore. With over 20 years of experience in corporate finance, strategy, … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Management, News
Tagged Abbas Rangwala, Amit Tanna, appointment, Bertrand Guiot, Groupe BPCE, Head of M&A, INDIA, leadership, Miranda Zhao, Natixis CIB, partnership, Singapore, Southeast Asia
(IN BRIEF) Airbus Defence and Space has officially delivered the first of 56 C295 aircraft to the Indian Air Force (IAF), signaling the start of a process to replace the IAF’s aging Avros-748 fleet. The C295, configured for transport and … Read the full press release
Posted in Aviation & Aerospace, Defence, Government, Industrial, Spain, Technology, Transportation & Logistics
Tagged Airbus Defence and Space, airdrop cargo, Avros-748, C295, C295 aircraft, Delhi, IAF, IAF-Airbus crew, INDIA, Indian Air Force, indigenous electronic warfare suite, Jean-Brice Dumont, Seville, Spain, TASL, Tata Advanced Systems Limited, Vivek Ram Chaudhari
(IN BRIEF) Alstom has delivered the first trainset for the Bhopal–Indore metro project to Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) in record time, just fourteen and a half months after receiving the Notice To Proceed. The trainset will be … Read the full press release
(IN BRIEF) BPEA Private Equity Fund VII (“BPEA EQT”) has successfully sold its remaining 26.6 percent stake in Coforge, an Indian technology services provider listed on the National Stock Exchange. The USD 924 million block trade marked the conclusion of … Read the full press release
(IN BRIEF) Greenply Industries Limited has achieved a significant milestone by successfully producing its first batch of fibers using a state-of-the-art high-performance pressurized refining system from ANDRITZ. This accomplishment took place at their MDF production facility in Vadodara, Gujarat, India. … Read the full press release
(IN BRIEF) Maersk, a global shipping and logistics company, is rapidly expanding its electric vehicle (EV) fleet in India, aiming to strengthen the fleet to over 500 vehicles in 26 cities. The company is committed to achieving net-zero emissions and … Read the full press release
Posted in Automotive, Business, Denmark, Environment, Industrial, Management, News, Technology, Transportation & Logistics
Tagged E-Commerce, electric vehicles, green logistics, INDIA, Jitendra Kapoor, Maersk, sustainability, Vikash Agarwal
(IN BRIEF) ANDRITZ, an international technology group, has secured an order from Andhra Paper Limited in India for a recovery boiler upgrade and sustainable technologies to increase capacity and achieve environmental goals. The upgrade includes a recovery boiler capacity increase, … Read the full press release
Posted in Austria, Business, Environment, Industrial, Management, News, Technology
Tagged Andhra Paper, Andritz, boiler, INDIA, Mill Capacity, partnership, Sura Reddy Mallidi, sustainability
(IN BRIEF) SGS, a leading global testing and certification company, has opened a state-of-the-art testing facility in Chakan, Pune, India. The new facility specializes in automotive and consumer electronics testing, featuring advanced laboratories for metallurgy, polymer, chemical, and environmental testing, … Read the full press release
(IN BRIEF) Atos business Eviden has announced the opening of three cloud centers in India and Poland to support customers worldwide in their cloud journey. Each center is dedicated to a specific workstream – Migration, CloudOps, or Engineering. The Cloud … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged Atos, Cloud services, Eviden, INDIA, Philippe Oliva, Poland, Tomasz Schmidt
(IN BRIEF) Loughborough University in the UK has signed a Memorandum of Understanding with Symbiosis International University (SIU) in India, which is one of the country’s leading private universities. The agreement follows initial discussions that took place during a Vice-Chancellor’s … Read the full press release
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