Container Corporation of India (CONCOR) and Kribhco Infrastructure (KRIL) have entered into an agreement, wherein CONCOR will operate & manage the Bonded Area at KRIL’s Terminal at Modinagar in the state of Uttar Pradesh, for handling of EXIM traffic. This will help to promote and meet the growing needs of Exports/Imports business situated in its … Read more
Tata Steel’s wholly owned indirect subsidiary — TS Global Minerals Holdings Pte has entered into an agreement to divest its entire stake in its wholly owned step down subsidiary Black Ginger 461 Pty which in turn holds 64% in Sedibeng Iron ore Pty, South Africa, which is the operating company. The stake has been divested … Read more
Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena, has entered into a collaboration agreement with Bolero International, the world’s premier trade digitization experts, with goals to make trade safer, smarter and faster. Both firms are looking at exploring developments of digitally-led commercial trade and supply chain finance business … Read more
Aurionpro Solutions’ wholly owned subsidiary — Aurionpro Solutions Pte., — has entered into an agreement for acquisition of majority stake (51%) in SC Soft Pte. (SC Soft) a Singapore headquartered Automated Fare Collection (AFC) and smart city solution provider. The company will make investment in tranches by subscribing to the fresh equity shares to be … Read more
Lemon Tree Hotels has signed a License Agreement for a 70 room property located near BKC, Mumbai under the Company’s brand ‘Lemon Tree Hotel’. The Hotel is expected to be operational by June, 2019. Carnation Hotel, the hotel management arm of the Company will be operating and marketing this Hotel. This Hotel is addition to … Read more
Infibeam Avenues (Infibeam) has executed an agreement with Sintex BAPL (SBAPL). As per the Agreement, Infibeam will develop, integrate, implement and maintain an online ecommerce and mobile platform with integrated logistics framework. It will cater the on demand customer purchase of Sintex brand Products. As per the Agreement, Infibeam will be remunerated as per the … Read more
GSS Infotech’s wholly owned subsidiary — GSS Infotech Inc. has signed the share purchase agreement for acquiring 100% shares of Nexii Labs Inc., USA on October 12, 2018. Nexii Labs Inc., shall become a wholly owned step-down subsidiary of the company. Nexii Labs adds a strong capability in the area of Automation for GSS’s existing … Read more
