Ramee Group Signs New Hotel Project in Rajkot
Ramee Group of Hotels has announced the signing of a new hotel project in Rajkot, Gujarat. Strategically located in one of Western India's fastest-growing cities, the upcoming hotel will feature ninety well-appointed rooms, multiple versatile banqueting spaces, and two distinctive restaurant concepts catering to both business and leisure travellers.This new property marks a significant step in Ramee Group’s continued expansion across key Tier II cities, reinforcing the brand’s commitment to delivering world-class hospitality experiences in emerging markets. The hotel is being developed in ..
KPIT Tech to Acquire Caresoft Engineering Biz for $191 Mn
KPIT Technologies has acquired the Engineering Solutions business of Caresoft Global for USD 191 million. This acquisition supports KPIT’s expansion into truck and off-highway engineering, marks its entry into the Chinese market, and enhances manufacturing engineering capabilities within the mobility sector.The agreement includes a USD 25 million variable consideration, tied to revenue milestones and strategic business synergies. KPIT may pay this amount in one or multiple instalments over four years, either in cash or equity shares.Through this deal, KPIT gains full ownership of Caresoft en..
Centre Allocates 750 Electric Buses to Andhra Pradesh
The Union government has allocated seven hundred fifty fully air-conditioned electric buses to Andhra Pradesh under the Prime Minister-eBus Sewa scheme. The announcement was made by Rajeev Jain, Media Advisor to the Government of India, during a press interaction in Vijayawada.These electric buses are expected to help build a cleaner and more modern public transport system across the State. Jain highlighted the Centre’s commitment to urban development in Andhra Pradesh through various centrally sponsored schemes.Significant progress has been made on the Vijayawada Metro Rail project, which w..
Latest Updates
