Hero MotoCorp achieves the ‘GreenCo Platinum’ rating
Hero MotoCorp has been conferred the ‘GreenCo Platinum’ rating for Hero Global Centre for Innovation and Technology (CIT) by the Confederation of Indian Industry (CII) Green Business Centre, as part of the Green Company rating system. The ‘GreenCo Platinum’ is awarded to the industries for demonstrating leadership and commitment towards environment conservation by CII as […]
Centre working on 5G, says India President
In a move to enhance the internet connectivity in the country, the President informed that the government is working on developing 5G that is fifth-generation wireless technology, according to media reports. “India is one of the nations that have the cheapest internet and mobile phones. We are also working on developing 5G. Our PLI Scheme […]
PE Firms Elliott Investment Management & Vista Equity Partners in talks to Buy Citrix
Private equity firms Elliott Investment Management and Vista Equity Partners are close to acquiring software-maker Citrix Systems Inc. for around $13 billion, people familiar with the matter said. The PE firms are close to a deal to buy Citrix for about $104 per share, according to the people, who asked not to be identified because […]
Airtel to acquire about 25% equity stake in Bengaluru based SD-WAN start-up
Bharti Airtel (“Airtel”) has announced an agreement to acquire approximately 25 per cent equity stake in a Bengaluru-based technology start-up, Lavelle Networks. The agreement is subject to applicable statutory approvals. Lavelle Networks specialises in Software-defined Wide Area Network solutions and it serves a range of industry segments. Its platform has connected several thousands of Indian […]
SenseTime Commences Artificial Intelligence Data Center in Shanghai
Shanghai’s Lin-gang Free Trade Zone will host one of the largest artificial intelligence (AI) data centres in Asia. SenseTime, one of the leading global artificial intelligence (AI) companies, has announced that its next-generation Artificial Intelligence Data Center (AIDC) located in the Lingang New Area, Shanghai, has commenced operation. With a designed computing capacity of 3.74 […]