IL&FS Transportation defaults on interest payments on various NCDs

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IL&FS Transportation Networks has defaulted in payment of the interest around Rs 17.56 crore on various non-convertible debentures (NCDs), because of insufficient funds. IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and … Read more

R Systems International to acquire IBIZ Consultancy Services

R Systems International leads the gainers of group B on BSE

R Systems International has received approval for acquisition of 100% shares of IBIZ Consultancy Services India from IBIZ Consulting Pte., Singapore, step down wholly-owned subsidiary. Accordingly, IBIZ Consultancy Services India will become direct wholly-owned subsidiary of the company. The Board of Directors of the company at its meeting held on May 02, 2019 has approved … Read more

Persistent Systems joins Siemens’ MindSphere Partner Program

persistent systems hinjewadi phase i

Persistent Systems has joined Siemens’ MindSphere Partner Program to deliver its Industrial IoT solutions to market. MindSphere is the cloud-based, open IoT operating system from Siemens that connects products, plants, systems, and machines, enabling businesses to harness the wealth of data generated by the Internet of Things (IoT) with advanced analytics. The company is delivering … Read more

Godrej Properties purchases new project in Chembur

nest images for elevation of godrej properties nest 18079975

Godrej Properties has purchased new project in Chembur, Mumbai. Spread across 2.2 acres, this project will offer approximately 33,000 square meters (approximately 0.35 million square feet) of saleable area comprising modern residential apartments of various configurations as well as a luxury retail experience. The site is strategically located on the main Sion-Panvel Road and offers … Read more

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