Saudi Arabia has hired Goldman Sachs to manage the sale of a stake in Riyadh airport, the first major privatisation of an airport in the kingdom, three sources familiar with the matter said. The Saudi Civil Aviation Holding plans to sell a minority stake in Riyadh’s King Khalid International Airport, the sources said, without providing […]
Day: July 25, 2017
IIM Lucknow signs MoU with HPCL to promote energy start-ups
Indian Institute of Management, Lucknow (IIM-L) and Hindustan Petroleum Corporation Limited (HPCL) have signed a Memorandum of Understanding (MoU) for incubating innovative ideas and business start-ups in the domestic energy sector. Under the tie-up, the selected start-ups would be provided with seed funding and incubated at IIM-L Enterprise Incubation Centre (L-INCUBATOR). The MoU was signed […]
Welspun Enterprises to buy 49% stake in 2 NHAI road projects from MBL Group
Infrastructure firm Welspun Enterprises Ltd (WEL) today announced acquisition of 49 per cent stake in two road projects of NHAI from MBL Group for Rs 23 crore. The company also said that its board has approved the proposal of its subsidiary – Welspun Financial Services Limited (WFSL) – to apply to RBI for NBFC licence. […]
Dassault Systemes says its deal with Boeing is the biggest in its history
French industrial software company Dassault Systemes announced today it has reached a deal with US aerospace giant to modernise its production system, in what it said was its biggest ever contract. “Boeing will expand the deployment of products developed by Dassault Systemes,” the company said in a statement, confirming information published by French newspaper Le […]