Jumbo, a Dutch supermarket chain, has collaborated with Hanshow, a Chinese electronic shelf label products and solutions provider, to digitalize its network of stores as part of its goal of sustainability. Established in 1921, Jumbo currently has over 700 stores in the Netherlands and Belgium. As part of the collaboration, Hanshow will install more than […]
Indian real estate development company Shriram Properties, through its fully-owned subsidiary Shriprop Builders, has acquired Bengaluru real estate developer Suvilas Realities. As part of the transaction, Shriram Properties will assume the ownership of an ongoing residential project Shriram Suvilas Palms situated at Jalahalli, Bengaluru. Shriram Suvilas Palms, being developed on a 6.9- acre land, is […]
Castrol India, a lubricant company, has agreed to acquire 7.09% interest in Ki Mobility Solutions, a digital arm of TVS Automobile Solutions, in an all-cash transaction valued at INR 487.5 crores. The investment in Ki Mobility is expected to create a co-branded service and maintenance network and augment shift to electric mobility in India. The […]
Swire Coca-Cola, a wholly-owned subsidiary of Swire Pacific, has acquired the bottling business of Cambodia Beverage Company, marking the company’s first foray into the Southeast Asian beverage market. Cambodia Beverage Company is a subsidiary of Coca-Cola in Cambodia and employs approximately 900 people. Patrick Healy — Swire Coca-Cola Chairman said: “The completion of the Cambodia […]
Trelish, an Indian coffee brand, has raised INR 3.5 crores in a recently concluded financing round led by The Chennai Angels. The coffee brand is expected to use the proceeds to increase its geographic footprint, further improve the brand and hire top talent. Specializing in instant liquid coffee blends, Trelish’s products are preservative-free and are […]
Wipro, an Indian multinational technology services and consulting company, has introduced a strategic cybersecurity consulting offering in Europe. The launch follows Wipro’s acquisitions of Edgile, Capco, and Ampion in the consulting business as part of the company’s strategy to build a cybersecurity consulting offering. Using recent acquisitions in the consulting space, Wipro introduces an end-to-end […]
US-based Atlas Renewable Energy’s 300MW La Pimienta solar plant is now fully operational, making it the second-largest operational solar facility in Mexico. The La Pimienta solar power plant will cater to the energy requirements of the Yucatan peninsula. The $340 million La Pimienta solar power project consists of over a million solar panels, spanning over […]
Meyer Werft, a German shipbuilding company, has commenced the construction work on the Silver Ray cruise ship for Silversea Cruises, following a steel-cutting ceremony in Papenburg, Germany. Silver Ray, like her under-construction sister ship Silver Nova, is claimed to be among the most eco-friendly and low-emissions cruise ships. Silversea Cruises’ Nova-class ships feature batteries, fuel […]
India’s Larsen & Toubro (L&T) has supplied 46 process and piperack modules to Linde Engineering, Singapore, for a gasification facility, which will produce hydrogen and synthesis gas. Weighing 34,000 metric tons, modules were fabricated by Larsen & Toubro at its modular fabrication facility at Kattupalli, Chennai. Subramanian Sarma — Larsen & Toubro Whole-Time Director and […]
RWE Renewables’ 342MW Kaskasi offshore wind farm has installed the last turbine 35km north of Heligoland island, Germany. Of the 38 turbines installed at the Kaskasi wind farm, over two-thirds are already sending green electricity into the power grid, said RWE, the parent company of RWE Renewables. The Kaskasi offshore wind farm features recyclable rotor […]