Tag Archives: IoT

RIL picks 13% stake in US (Delaware) based tech firm SkyTran

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Wednesday, Reliance Industries Ltd said of its subsidiary company having picked 13% stake in US (Delaware) based personal transportation technology firm SkyTran Inc., paying USD($) 25 million. RIL’s investments aims to foster an exclusive partnership with SkyTran in India. Reliance

Reliance Industries to acquire US Telecom player – Radisys

MUMBAI | RAJKOT – US based Radisys Corporation, a global player  of open telecom solutions and India’s Reliance Industries Ltd, have entered into a definitive agreement under which Reliance will acquire Radisys for US$1.72 per share in cash, today company said in regulatory filing submitted to the Exchanges in India. Reliance Industries is expected to

Sasken Tech appoints Mihir Kumar to head Industrial Segments Biz

BANGULURU | MUMBAI | RAJKOT – Rajeev Modi owned Sasken Technologies Ltd has appointed Mihir Kumar as Senior Vice President and Head for Industrial Business Unit of the company, to head its Industries Segments business and lead the company’s  efforts in the industrial segment, the filing submitted to the exchanges in India said. Mihir joins

L&T Info announces Digital Engineering & Constructions Solutions for EPC companies

MUMBAI | RAJKOT – Larsen & Toubro Infotech Ltd, today announced availability of its Digital Engineering & Construction Solution for Engineering, Construction and Operations (EC&O) companies, the company press release said. Company statement described the preconfigured solution for SAP S/4HANA® opens up an array of digital transformation opportunities for asset-intensive industries like Engineering & Construction,