COMMING SOON
LATEST NEWS
Sterlite Power acquires 28.4pc stake from SCPE

-  Company acquires stake from Standard Chartered Private Equity for `1,010-cr.
-  Highest absolute return in the Power and Utilities sector in India.
-  Standard Chartered set to make 2x returns in a short span of 3.5 years.

Sterlite Power has acquired the 28.4 per cent stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE). With this acquisition, Sterlite Power holds 100 per cent stake in the business.

Sterlite Power had attracted an investment of `500-cr in 2014 from SCPE, which was the first private foreign investment in the Indian transmission sector. Over the last three years, Sterlite Power has grown its portfolio from three projects in India to fifteen projects across the country and Brazil, and now has a footprint in 26 states across two continents.
“With this acquisition, we reiterate our excitement about the unprecedented growth opportunity in the power transmission sector. Our track record and superior execution capabilities position us well to capitalize on this opportunity,” said Pratik Agarwal, Group CEO, Sterlite Power.


Matrix VYOM – An Authenticated Multi-tenant Cloud based People Mobility Solution


Matrix, an established and award-winning manufacturer of Telecom and Security solutions, launched a revolutionary People Mobility Management solution. It is a smartly designed cloud based system that uses services deployed on a cloud server.COSEC VYOM promises more achievement with minimum resources without initial investment. It reduces the cost of assets needed in the for   READ MORE...
*****
Mtandt GroupAnnounces Changes to the BoardwithMr. Pradeep Agarwal as Managing Director andMr. Rakesh Modi as New Chairman
Delhi, Sept 22, 2017,


Mtandt, the trusted leader in providing world class equipment for safely working at height, today announced the appointment of Mr. Pradeep Agarwal as Mtandt’s Group Managing Director and member of the Executive Board effective fromSept, 22, 2017. Mr. Pradeep Agarwal brings more than 33 years of relevant industry experience to his new role and ha   READ MORE...
*****
Zurcon® DRV5 Flange Seal: An Insurance Policy for Equipment's SAE J518 and ISO 6162:1 flanges.

With the changing demands and arduous environment, customers are looking for products that can reduce the costly repairs and perform better in the demanding operating conditions. Trelleborg Sealing Solutions, with decades of experience in providing innovative solutions has introduced Zurcon® DRV5 Flange Seal, which acts as an insurance policy for Equipment's SAE J518 and ISO 6162:   READ MORE...