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Business Economy

CNTC enter partnership with Golden Gate Properties

Bengaluru, Jul 1 (UNI) CNTC a Beijing headquartered Construction
giant made its entry into India by signing partnership with Golden
Gate Properties, a leading Real Estate Developers and announced its
strategic Joint Venture.
The newly formed entity will be called Golden Gate|CNTC.
Under the agreement Golden Gate|CNTC will initially embark on two
residential projects--‘The Presidential Tower’ with an investment
outlay of Rs 1500 Crore and ‘The Grand Tower’ with an investment
outlay of Rs 1000 Crore.
Speaking at the launch, Mr Shi Hui, Vice Chairman, CNTC, said,
"We have been studying the India Market for the last 2 years. While
considering our entry strategy; Bangalore City’s highest
cosmopolitan index, stability and growth factors were quite
fascinating; hence we choose to invest at this top growing city in
the world."
Mr Sanjay Raj, Co-promoter of Golden Gate, stated, "Our
partnership will kick-start with two Milestone projects, The
Presidential Tower (TPT) and The Grand Tower. Work on The
Presidential Tower has started and we are confident that it will not
just be a Landmark but also a Hallmark for high quality lifestyle
and investment for home seekers in Bangalore. Currently we are
experiencing the toughest times of our careers, with slow sales and
collections, project delays, impact of demonetisation, and also
simultaneously gearing up for RERA and GST. With our new partners
this will become easy as they are used to more stringent practices
and the integration will be easier. Our new JV Company has very
aggressive plans for India," he said.
More News

Caltech CTME and Simplilearn to Launch Online Post Graduate Program in Cloud Computing

16 Jul 2020 | 9:10 PM

BANGALORE, July 16, 2020 /PRNewswire/ -- Caltech CTME (Center for Technology and Management Education) announced its collaboration with Simplilearn, a global provider of digital skills training, to offer a specialized Post Graduate Program (PGP) in Cloud Computing. The learning program, which comprises 300+ hours of study, prepares professionals for a career as a Cloud Architect, Cloud Consultant, or Cloud Engineer. Upon successful completion of the program, learners will receive a Caltech CTME Post Graduate certificate. This program follows our recently launched and already popular Post Graduate Program in DevOps. These programs offer learners around the globe access to world-class trainers and the work-ready tools and methods needed in today's professional world.

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Quectel and Broadcom cooperate to launch superior performance dual-band sub-meter level GNSS positioning module for eMobility

16 Jul 2020 | 9:07 PM

SHANGHAI, July 16, 2020 /PRNewswire/ -- Quectel Wireless Solutions, the leading global supplier of cellular and GNSS modules announced today the release of its LC29D module. The LC29D is a sub-meter level GNSS module that integrates dead reckoning (DR) and multi-band (L1/L5) real-time kinematic (RTK) algorithm technologies with fast convergence times and reliable performance. The module supports dual-band GNSS raw data output and integrates 6-axis IMU sensor to deliver high-accuracy positioning performance in seconds.

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NuggMD now provides medical marijuana telemedicine services in Ohio

16 Jul 2020 | 9:06 PM

CLEVELAND, July 16, 2020 /PRNewswire/ -- NuggMD, the nation's leading medical marijuana telemedicine platform, is now providing telemedicine services to patients in Ohio for $139.

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Cyient Attains Gold Status in the Esri Partner Network

16 Jul 2020 | 9:04 PM

HYDERABAD, India, July 16, 2020 /PRNewswire/ -- Cyient, a global engineering and technology solutions company, today announced that it has attained Gold partner status in the Esri Partner Network. The company received recognition for its robust and continued investment in achieving Esri's ArcGIS Online, Release Ready and Utility Network Management Specialties. With this designation, Cyient joins an exclusive list of companies that have reached Esri Gold Partner status globally.

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NASSCOM joins hands with 12 global technology industry associations to applaud success of industry in addressing COVID-19

16 Jul 2020 | 9:01 PM

Kolkata, Jul 16 (UNI) In an industry first, the twelve major independent regional organizations representing the Technology and Business Services Sector across the world have united to
launch The Global Technology and Business Services Council (GT&BSC-

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