HCL Technologies has entered into a collaboration with NEORIS, a global digital accelerator that co-develops disruptive solutions for digitally aspirational firms. According to HCL Technologies, the agreement will offer unique capabilities to clients in global markets. This includes the ability to increase the time of application usage, business management operations, and integrated IT services. The […]
Tata Consultancy Services (TCS) has been selected by Mexican building materials company CEMEX for expediting its digital transformation and enhancing employee experience for its global workforce of over 40,000. CEMEX roped in the Indian IT firm to assist it in driving its global ‘Working Smarter’ initiative which aims to adapt to changing market requirements, improve […]
HCL Technologies said that it has inked a five-year agreement with CEMEX to support the digital transformation of the Mexican construction materials company. As part of the agreement, the Indian IT services firm will be responsible for delivering the next generation of employee services, increase automation, and provide near real-time analytics under the CEMEX “Working […]
MPC Energy Solutions (MPCES), a Dutch renewable energy firm, has agreed to acquire the 15.8MW Los Santos Solar I project in Mexico for an undisclosed price. The acquisition marks the foray of MPC Energy Solutions into the Mexican renewable energies market. The company’s footprint is spread over six countries across Latin America and the Caribbean […]
Camlin Fine Sciences Limited has acquired an additional stake of up to 33.5% in Mexican specialty chemicals products manufacturer Dresen Quimica from its joint venture partner Controladora De Servicios Riso for $8.5 million in an all-cash deal. Following the deal, the Mumbai-based chemicals company along with CFS Blends has increased its stake in Dresen Quimica […]
UK-based investment firm Actis said that it has divested Saavi Energía, a Mexican independent power producer, to Global Infrastructure Partners (GIP) for an undisclosed price. Saavi Energía has a geographically diverse portfolio of 2.2GW, comprising half a dozen combined cycle power plants (CCGTs), three compression stations, and 65km of associated natural gas pipelines. The company […]
Indian motorcycles and scooters manufacturer Hero MotoCorp said that it has sold a total of 454,398 units of two-wheelers for the month of July 2021, compared to 5,20,104 units in July 2020. According to Hero MotoCorp, the sales included 4,24,126 motorcycles and 30,272 scooters. Among these 4,29,208 units were sold in the domestic market, while […]
Motherson Sumi Systems Limited (MSSL) said that it has wrapped up the acquisition of the electrical wiring interconnection systems (EWIS) business of Bombardier Transportation in Huehuetoca, Mexico. The acquisition valued at about $10 million was announced in October 2020 by the Indian automotive component manufacturer. It was executed by the company’s Mexican subsidiary – Motherson […]
Tech Mahindra has agreed to acquire DigitalOnUS, a California-based hybrid cloud and DevOps services provider, for up to $120 million in cash. The consideration includes retention bonus and earnout. The acquisition will bolster its cloud-native development, hybrid cloud infrastructure and Site Reliability Engineering (SRE) automation, said Tech Mahindra. DigitalOnUS, which has a workforce of over […]
Orex Minerals and Pan American Silver will form a joint venture for the further exploration and development of the Sandra-Escobar Project in Durango State, Mexico, as per an announcement on 2 March, 2021. Pan American Silver will be represented by its subsidiary Plata Panamericana in the joint venture called Empresa Minera Sandra-Escobar. Orex Minerals and […]