General Electric Co is acquiring majority stake in Baroda based automation systems and flow metering solutions provider - Advanced Systek Private Limited. Financial details of the transaction were not disclosed.
Apollo Fiege, a JV between Apollo LogiSolutions Ltd., India and FIEGE Logistics, Germany, and Itlay’s Ferrari are forming a JV to offer secured logistics services for diamonds, gems and jewellery, technology components and luxury verticals like art.
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