(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
Posted in Business, Commodities, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged A. O. Smith, acquisition, Bangladesh, Eduardo Campanella, INDIA, Kevin J. Wheeler, Mexico, partnership, Pureit, Sri Lanka, sustainability, Unilever, USA, Vietnam, Water Purification Business
(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
(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
(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
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Management, News, Spain, Technology
Tagged Actividades de Construcción y Servicios (ACS), Brad Davey, data center, Hyderabad, INDIA, Juan Santamaria, Leighton Asia, partnership, Sterling and Wilson, sustainability
(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
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alstom, Bengaluru Metro Rail Corporation (BMRCL), CBTC Signalling System, INDIA, Olivier Loison, partnership, sustainability
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged decarbonization, Gregory Joffroy, INDIA, KOREA, partnership, sustainability, TotalEnergies
(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
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged 25 Years, Germany, INDIA, Jens Rübbert, LBBW, LBBW Mumbai, partnership, Sandeep Babbar
(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
(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
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G network, Finnvera, INDIA, Jussi Haarasilta, Miska Kuhalampi, Nokia, partnership, Reliance Jio
(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
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