Gandhinagar, Gujarat-based Kalpataru Power Transmission Limited signed a definitive agreement to acquire 85% stake in Sweden's Linjemontage i Grastorp AB for an enterprise value of $24 million. The transaction is expected to close in the first quarter of 2020. Founded in 1993, the Linjemontage i Grastorp AB specializes in power...
Scientists from India Develop World's Thinnest Material
Indian scientists at the Indian Institute of Technology, Gandhinagar, in the state of Gujarat, have claimed to have created the world’s thinnest material, 100,000 times narrower than a sheet of paper -- a two-dimensional material of just one-nanometer thickness. The three member research team includes two students working toward a...
Oracle Plans to Set Up Data Centers in India
With the government of India’s initiatives such as Digital India, e-governance and m-governance, Oracle expects an increase in demand of data services in the country, and plans to set up its own data centers to host applications and other cloud-based solutions. “Today we have around 600 products in the cloud;...