STARTUP/TECHNOLOGY
Axiscades Tech Arm To Acquire US Manufacturing Assets For $7 Mn
Axiscades Technologies Ltd, an engineering and technology solutions provider, has approved in principle a proposed $7-million acquisition of substantially all business assets of US-based ITSJ Group Inc. The acquisition will be undertaken by XIDA Inc., a step-down subsidiary of Axiscades incorporated in Delaware. The transaction aims to strengthen XIDA’s manufacturing capabilities for semiconductor equipment and […]
CW Bureau
·
Oct 15, 2026
MANUFACTURING
Avalon Tech, Zollner Elektronik In JV For Electronics Manufacturing In India
Avalon Technologies Ltd, a listed Indian electronics manufacturing services (EMS) company, and Germany-based Zollner Elektronik AG have formed a joint venture (JV) to manufacture printed circuit board assemblies (PCBA), box-build and system integration products in India. The JV will serve customers across geographies in sectors including healthcare and life sciences, test and measurement, rail and […]
CW Bureau
·
Sep 4, 2026
STARTUP/TECHNOLOGY
HCL Infosystems Business Will Contract As Losses Widen In FY26
HCL Infosystems has no ability to invest in new businesses or expand its existing operations, said Chairman Nikhil Sharma. . The loss making company will continue to contract in the foreseeable future as it focuses on supporting legacy contracts and recovering long-overdue customer dues, he said in the latest annual report. Financial support from promoters […]
CW Bureau
·
Aug 25, 2026
