ABB Ltd. Gets €270 Million HVDC Transmission Contract

April 11, 2017 Abhishek Budholiya 0

ABB Ltd. and Prysmian Group have been awarded €620m contract for the ambitious 1GW IFA2 power link between the UK and France. ABB will provide its HVDC transmission technology, whereas Prysmian will offer power cable links through submarine and land. While ABB’s contract is worth €270 million, Prysmian has got a €350 million contract. Adoption […]


Snapdeal ‘Readied’ to be Sold to Flipkart

April 8, 2017 Abhishek Budholiya 0

In the past week, Snapdeal has dominated the business news in India, owing to speculations that it is ‘being readied’ to be sold off to its arch-rival Flipkart. While no official announcement has been made yet, officials privy to the deal are claiming that the tussle between the board of directors, which includes SoftBank, Kalaari […]


Twitter Sues Government Over Summons to Unmask Accounts

April 7, 2017 Abhishek Budholiya 0

The stormy ties between Trump administration and major social media sites continue to remain frosty. In a latest development, Twitter sued the US federal government over the issue of unmasking of an anonymous account. According to report, the anonymous account had been critical of Trump and his policies on Twitter. To add to the controversy, […]