Tag: Adani Group

Australian Cavendish Renewable receives a big R&D contract for developing Green Hydrogen Electrolyser Technologies from Adani New Industries Ltd

Cavendish Renewable Technology Pty Ltd (“CRT”) is pleased to announce the signing of a Technology Development and Licensing Agreement with Adani New Industries Limited (ANIL), which is part of the Adani Group. The agreement includes infrastructure costs for further development of intellectual property, licence fees and royalties on successful commercialisation of CRT’s state-of-the-art electrolyser technologies. CRT will now be able…

flipkart

Flipkart set to acquire Cleartrip in distress sale

Walmart-owned e-tailer Flipkart is set to acquire online travel aggregator Cleartrip in a distress sale with the deal likely to be announced during the next few days. Cleartrip, which generates more than 80{29395a375d156e93286dd6e7185ccfdd643af63705165a979bd3711654ea3aad} of its revenue from airline reservations, reported that a 2.5{29395a375d156e93286dd6e7185ccfdd643af63705165a979bd3711654ea3aad} drop in earnings in FY20, while Goibibo zoomed forward in exactly the same period with an 11{29395a375d156e93286dd6e7185ccfdd643af63705165a979bd3711654ea3aad}…