In a significant development within the investment sector, ABS Global Investments (“ABS”), a distinguished global investment firm, has secured Nile Capital Group Holdings (“Nile”) as its new strategic investor. The move follows ABS’s acquisition of the remaining 23% minority interest previously held by Evercore Inc. (“Evercore”). This new partnership marks a pivotal moment for ABS, […]
Zurich Insurance Group has made a groundbreaking move by announcing its proposed acquisition of a 51% stake in Kotak Mahindra General Insurance Company Limited, one of India’s fastest-growing general insurance companies. The transaction, valued at USD 488 million, marks a major milestone as the largest foreign insurer investment in India since the relaxation of ownership […]
Wipro said that its new smart building solution dubbed Smart i-Building is being displayed at the Microsoft Technology Center in Zurich, Switzerland. According to the Indian IT services provider, Smart i-Building, which runs on the Microsoft Azure platform, is an integrated, modular, Internet of Things (IoT) and Impact Intelligent building management solution. The smart building […]