French oil and energy group Total has agreed to buy a 20% minority stake in India’s Adani Green Energy Limited (AGEL) from Adani Group, as Total builds up its presence in the renewable energy sector. Total said on Monday that its purchase of the stake in AGEL would give Total a seat on the board of directors of AGEL.
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India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd. for $1 billion, according to a person with knowledge of the talks.
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Taking over the electric bike market in India, Kabira Mobility is set to launch KM 3000 and KM 4000 electric bikes nationwide in the month of February 2021 with first-of-its-kind and completely ‘Made in India’ high speed Electric Bikes with no range anxiety. Pre-bookings are now open at www.kabiramobility.com Equipped with Combi-brakes, best in class range, fast charging on board, roadside assistance, and these electric bikes from Kabira Mobility are as appealing as compared to IC motorbikes in terms of style and performance. Kabira Mobility Electric bikes sport modern design…
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Elon Musk’s SpaceX completed the first mission of 2021 on Thursday evening out of the Cape Canaveral Space Force Station. The Falcon 9 lifted off about 9:15 p.m. carrying Turksat 5A, a new communication satellite that will expand communications in Turkey and other parts of the world. The Falcon 9′s booster landed on a drone ship. Transporter 1 is SpaceX’s next mission next week will deliver dozens of small satellites to orbit. The space company’s first rocket launch this year will be a satellite mission to deliver a communications satellite…
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Infosys, a global leader in next-generation digital services and consulting, today announced that it has been selected by Rolls-Royce Plc UK, a world leader in engines and propulsion systems, as one of the strategic long-term partners to deliver digital and engineering services. As part of this engagement, Infosys will leverage its industry-leading turbo machinery and propulsion practice to offer Rolls-Royce best-in-class, end-to-end complex engineering and digital solutions to meet its customers’ increasing needs for sustainable energy. Infosys has extensive experience delivering complex programs in aero and land based gas turbines…
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TVS Motor Company Ltd. on Tuesday said it has acquired Intellicar Telematics Private Limited and integrated Internet of Things (IoT) solution provider for Rs 15 crore cash. In a regulatory filing, TVS Motor said the acquisition of Rs 16.10 crore turnovers Bengaluru based Intellicar will help accelerate its ongoing digital initiatives targeted at delivering enhanced customer experience. Intellicar provides advanced fleet management solutions through an integrated platform powered by IoT technologies coupled with strong analytics and data management capabilities. Intellicar Telematics was incorporated in February 2015, in 2019-20: Rs.16.10 crore,…
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IT major Infosys has signed a definitive agreement to acquire European consultancy firm GuideVision for up to 30 million euros including earn-out and bonuses. GuideVision’s training academy and near shore capabilities in Czech Republic, Hungary, Poland, and presence in Germany and Finland will strengthen Infosys’ ServiceNow capabilities for its clients in Europe. Ravi Kumar, President, and Infosys said, “This acquisition is an important milestone in our journey to build capabilities relevant to the digital priorities of our clients. This move reaffirms our commitment to the growing ServiceNow ecosystem.” ServiceNow is…
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Malaysia-based fintech company JurisTech today announced that it has acquired personal finance company iMoney for an undisclosed amount. JurisTech specializes in enterprise-level software solutions for banks, financial institutions, insurance providers, and telecommunications companies in Malaysia, Southeast Asia, and beyond. Meanwhile, iMoney provides a platform for consumers to learn about personal finance matters and to compare and apply for financial and utility products. Following the acquisition, the two businesses envision building a platform to offer solutions for both business-to-business and business-to-consumer partners in the finance and banking industry, said Wai Hun…
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BigCommerce a leading open SaaS ecommerce platform for fast-growing and established brands, today announced the availability of checkout on Instagram for eligible US merchants. BigCommerce merchants can be among the first to adopt the new feature, which provides shoppers an intuitive, seamless and secure way to purchase products they discover on Instagram in a few clicks, without leaving the app. This partnership gives customers the ability to buy from their favorite brands directly on Instagram. In contrast to navigating to a brand’s website to make a purchase. Then can the…
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IBM announced it has signed a multiyear agreement with Coca-Cola European Partners (CCEP), which is the world’s largest Coca-Cola bottler based on revenue. The deal will accelerate its transformation to an open hybrid cloud environment using Red Hat Open Shift and Red Hat Enterprise Linux. And the move is designed to reduce its operational expenses, increase IT resiliency, and utilize analytics and artificial intelligence in its daily operations to bring enhanced business insights and deliver greater service to its millions of customers. A key priority for CCEP is to streamline…
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