MUMBAI: Tata Motors Limited today announced its sales in the domestic & international market, for Q2 FY21, which stood at 1,10,379 vehicles, compared to 1,05,031 units during Q2 FY20. Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Tata Motors’ commercial vehicle domestic sales in Q2FY21 at 52,094 units was 23% lower…
SGX wins Exchange of the Year at FOW Asia Capital Markets Awards
SINGAPORE: Singapore Exchange (SGX) has again won the “Exchange of the Year” accolade at the FOW Asia Capital Market Awards 2020 for its leadership in supporting clients with a pan-Asia waterfront of derivatives, amid heightened uncertainty in global markets. SGX’s focus on customer-first execution enabled market participants to manage risk round-the-clock, even as the spread…
FCPT acquires Popeyes Restaurant for $1.6 million
MILL VALLEY: Four Corners Property Trust (FCPT), announced the acquisition of a Popeyes restaurant property for $1.6 million from the Seritage transaction announced in October 2019 and expanded in August 2020. The Popeyes (franchisee lease) is located in South Carolina and is situated within a highly trafficked and populated corridor. The property has a remaining…
Amazon Transparency launches in Japan, Australia
SEATTLE: Amazon has announced the expansion of Transparency to two new countries – Japan and Australia – making it available in 10 countries where Amazon has a store. Amazon Transparency is also celebrating a milestone of enrolling over 10,000 brands into the program. Transparency, launched in 2018, is a product serialization service that builds on…
AWS announces general availability of Amazon Timestream
SEATTLE: Amazon Web Services (AWS) has announced the general availability of Amazon Timestream, a new time series database for IoT and operational applications that can scale to process trillions of time series events per day up to 1,000 times faster than relational databases, and at as low as 1/10th the cost. Amazon Timestream saves customers…
CrowdStrike completes acquisition of Preempt Security
SUNNYVALE: CrowdStrike Holdings has completed its acquisition of Preempt Security, a leading provider of Zero Trust and conditional access technology for real-time access control and threat prevention, a news release said. “We are excited to welcome the Preempt team to CrowdStrike as we join forces to stop breaches,” said George Kurtz, co-founder and chief executive…
Babylon Pump & Power Limited acquires assets from Tilbrook Ryder Investments
PERTH: Babylon Pump & Power Limited has entered into an unconditional agreement for the acquisition of assets from Tilbrook Ryder Investments Company Pty Ltd. The transaction is expected to complete on 1 October 2020 and will be funded by a cash payment of $750,000 from existing asset finance facilities and issuance of 7,142,856 fully paid…
United Networks Limited (UNL) completes sixth acquisition in a Year
PERTH: United Networks Limited (UNL) has acquired Red Telecom Pty Ltd Business, a telecommunications service provider, increasing its recurring revenue and completing its 6th acquisition in 11 months. Benefits of the Acquisition: ●Increases annualised recurring revenue by $1.4M ●Increases average GP across all services in the business ●Streamlines operational efficiencies from the increase in scale…
Tony Pitt, CEO 360 Capital, to join Evans Dixon Board
SYDNEY: Evans Dixon Limited has invited Tony Pitt to join the Board given the commitment 360 Capital Group has shown in acquiring a 19.55% interest in the Company. Subject to shareholder approval, Mr. Pitt will become a non-executive director at the conclusion of the Company’s 2020 Annual General Meeting on Wednesday 11 November 2020. The Company also announces…
Daniel O’Halloran appointed as Chief Executive Officer of TYMLEZ Group
PERTH: TYMLEZ Group Limited has announced the appointment of company director Daniel O’Halloran as Chief Executive Officer. Daniel was appointed to the TYMLEZ Board in April 2020, he is an experienced Board Member, Energy Industry Executive and Investor, with more than 13 years’ experience consulting in the transmission power grid sector. As founder and CEO…
Kingfisher completes sale of Castorama Russia to Maxidom
LONDON: Kingfisher plc has completed the sale of Castorama Russia to Maxidom, a leading home improvement company in Russia, for a total consideration of RUB c.7.4bn (c.£73m). The total consideration of RUB c.7.4bn will be satisfied as follows: · 80% paid at the closing of the transaction · Remaining 20% to be paid…
Octopus Renewables to buy 4 solar PV sites in Spain for €37.8 million
LONDON: Octopus Renewables Infrastructure Trust has entered into a Share Purchase Agreement (SPA) for the acquisition of a 100% interest in a portfolio of solar PV assets located in Southern Spain, with completion of the acquisition conditional on the assets becoming ready to build, a news release said. The portfolio consists of 4 solar PV…