Tag Archives: INDIA

NAGRAVISION, DishTV India, and Samsung Launch Groundbreaking Direct-to-TV Service Using TVKey Cloud

(IN BRIEF) NAGRAVISION has expanded its partnership with DishTV India and Samsung to launch an innovative Direct-to-TV service using the TVKey Cloud platform, enabling secure content delivery directly to Samsung Connected TVs without the need for set-top boxes. This marks … Read the full press release

Ramboll Joins UN Green Jobs Pact, Pledges to Train 1,000 Young Professionals for Low-Carbon Economy by 2025

(IN BRIEF) Ramboll has partnered with the UN-led Green Jobs for Youth Pact, committing to train 1,000 young professionals by 2025 to address the skills gap in the low-carbon economy. In collaboration with the International Labour Organization (ILO), UNEP, and … Read the full press release

EIB Approves €5.3 Billion for Climate Resilience, Urban Innovation, and Business Growth

(IN BRIEF) The European Investment Bank (EIB) has approved €5.3 billion in new funding to enhance climate resilience, urban development, and business innovation across Europe and beyond. The investments include €3.5 billion for smart city projects and sustainable infrastructure, €1.4 … Read the full press release

VINCI Highways Expands Indian Operations with €40 Million Highway Concession Deal

(IN BRIEF) VINCI Highways has signed an agreement to acquire a 51% stake in HKR Roadways Limited, the operator of the SH1 highway concession in Telangana, India. The highway connects Hyderabad to the northeastern region of the state. The €40 … Read the full press release

Cleareye.ai and Lloyds Bank Forge Groundbreaking Partnership to Modernize Trade Finance with AI

(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to … Read the full press release

CIMIC Group Secures Key Contracts in Australia and India, Expanding Renewable Energy and Real Estate Footprint

(IN BRIEF) CIMIC Group has secured two significant contracts: one in Australia to build the second phase of the Western Downs Battery in Queensland for Neoen, featuring a 270 MW / 540 MWh Battery Energy Storage System, and another in … Read the full press release

Thales and LTTS Partner to Revolutionize Software Monetization with Sentinel Platform

(IN BRIEF) Thales and L&T Technology Services (LTTS) have expanded their long-standing partnership to enhance software monetization across various industries, including hi-tech, sustainability, and mobility. The collaboration will utilize Thales’s Sentinel software licensing platform, enabling LTTS’s customers to implement flexible … Read the full press release

Adyen Enters Indian Market with Local Payment Processing and Bengaluru Tech Hub

(IN BRIEF) Adyen has expanded into India, receiving authorization from the Reserve Bank of India to operate as an Online Payment Aggregator. The expansion includes launching local payment processing capabilities and establishing a technology hub in Bengaluru. Adyen’s platform enables … Read the full press release

Polish ESA Project Astronaut Sławosz Uznański to Join Axiom Mission 4 to the ISS

(IN BRIEF) Polish ESA project astronaut Sławosz Uznański will fly to the ISS on Axiom Mission 4 (Ax-4), alongside astronauts from India and Hungary. This mission, supported by ESA and the Polish government, aims to conduct significant scientific and technological … Read the full press release

Unilever’s Pureit Water Purification Business Acquired by A. O. Smith

(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release

Accenture Acquires Excelmax Technologies to Enhance Silicon Design and Engineering Expertise

(IN BRIEF) Accenture has acquired Bangalore-based semiconductor design services provider Excelmax Technologies, enhancing its expertise in silicon design and engineering. Excelmax, founded in 2019, offers custom silicon solutions for consumer devices, data centers, AI, and edge computing, serving automotive, telecommunications, … Read the full press release

Hindalco Awards Metso Contract for India’s First Electronic Waste Recycling Facility

(IN BRIEF) Hindalco Industries Limited, a key player in aluminum and copper production, has awarded Metso a significant contract to build India’s first electronic waste recycling facility near their Birla copper unit in Gujarat. This greenfield project aims to annually … Read the full press release

Leighton Asia Awarded Contract to Equip Data Center in Hyderabad, India

(IN BRIEF) Leighton Asia, in collaboration with Sterling and Wilson, has secured a contract to equip a data center in Hyderabad, India. This project expands Leighton Asia’s presence in the data center sector across Asia and highlights its capabilities in … Read the full press release

Alstom to Revolutionize Bengaluru Metro with Advanced CBTC Signalling System

(IN BRIEF) Alstom, a global leader in smart mobility solutions, has secured a significant contract with Bengaluru Metro Rail Corporation (BMRCL) for Phase 2 expansion. Valued at 96.2 million euros, the contract includes implementing a fully automated CBTC signalling system … Read the full press release

TotalEnergies Strengthens Commitment to Decarbonization Through New LNG Contracts in India and Korea

(IN BRIEF) TotalEnergies has announced two pivotal LNG contracts in Asia, signifying a strategic expansion in its LNG business. The agreements include a sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery of up to 800,000 … Read the full press release

LBBW Mumbai Office Marks 25 Years of Facilitating German-Indian Business Ties

(IN BRIEF) LBBW celebrates the 25th anniversary of its Mumbai representative office, which has been instrumental in supporting German companies entering the Indian market and facilitating local business activities. Mumbai’s strategic location and vibrant business environment have contributed to the … Read the full press release

ZF Wind Power Expands Capacities in India and Partners with ABS Wind for Enhanced Service in the US

(IN BRIEF) ZF Wind Power is boosting its capacity in Coimbatore, India, from 9 to 12 GW to meet the surging global demand in the wind market, supporting the transition of over 10 million households to green energy annually. Additionally, … Read the full press release

Finnvera Backs Nokia’s $1.5 Billion 5G Deal with India’s Reliance Jio

(IN BRIEF) Finnvera, Finland’s export credit agency, has granted Nokia’s 5G deliveries a buyer credit guarantee worth USD 1.5 billion, marking one of its largest financing arrangements in history. The deal supports Nokia’s pivotal role in India’s 5G revolution, where … Read the full press release

Ericsson and IIT Kanpur Forge Strategic Alliance to Advance Financial Innovation in India

(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

Maersk Enhances ME2 Ocean Service, Expanding Reach to North Europe Ports

(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