Saturday, April, 20, 2024 02:55:35

KKR acquires majority stake in Ramky Enviro Engineers in a $510m deal

Leading environmental services provider, Ramky Enviro Engineers Limited (REEL), and KKR, a global investment firm, have recently announced that the companies have completed their previously announced transaction. Apparently, KKR has acquired a 60 percent stake in REEL, under the terms of the transaction, for approx. …

Aspire Systems acquires UAE’s iApps and Valforma’s Oracle unit

The acquisition will help Aspire support mid and large size companies to smoothly move from on-premise applications to the Cloud. Chennai-based tech service provider, Aspire Systems has recently announced its acquisition of UAE-based Oracle Fusion Cloud expert iApps, and Bengaluru-based SMAC (Social, Mobile, Analytics and Cloud) solution …

India’s communication satellite GSAT-31 launched from French Guiana

With a mission life of about 15 years, the new satellite would provide communication services to Indian mainland and islands.   GSAT-31 gains its heritage from ISRO’s previously launched INSAT/GSAT satellite series. India’s new communication satellite GSAT-31 was successfully launched in the early hours of …