Author: B K Malik

CCI Approves Major Cement Sector Acquisition Dalmia Cement (Bharat) Ltd, is approved by the Competition Commission of India (CCI) for the proposed acquisition of Jaiprakash Associates Ltd (JAL). This will be one of the significant resolution plans in the ongoing insolvency proceedings of JAL. JAL is a diversified conglomerate that operates in multiple industries, including cement, real estate, hospitality, and EPC services, that entered into corporate insolvency resolution process (CIRP) on June 3, 2024. The CCI approval is important for the whole process of resolution but ultimately the creditors will have to choose the final resolution plan among multiple bidders.…

Autonomous Picking Robots Market Set to Hit $37.6 Billion by 2035 The worldwide market for Autonomous Mobile Picking Robots (AMPR) is exploding, as the industry anticipates revenues of an estimated USD 5.7 billion in 2024, and almost USD 37.6 billion by 2035, implying amazing compound annual growth rate (CAGR) of 18.7%, demonstrating the relevancy of technology in other sectors such as e-commerce, manufacturing, and logistics. The autonomous mobile picking robots that are able to identify, target, and move items autonomously are fundamentally changing the traditional warehousing method. These robots are adopting the latest in robotics, artificial intelligence (AI), machine learning…

Global EDI Provider Earns Worldwide Recognition From seamless integration with platforms like SAP, NetSuite, Microsoft Dynamics, and QuickBooks, to real-time support and customized mapping, Infocon Systems simplifies complex B2B transactions Infocon Systems, a leading EDI Service provider of cloud-based Electronic Data Interchange (EDI) solutions, is proud to be recognized as a global EDI provider supporting businesses of all sizes across North America, Europe, Asia, and beyond. With over 30 years of experience in the EDI and B2B integration space, Infocon has built a reputation for delivering scalable, fully managed solutions that adapt to virtually any ERP system, trading partner requirement,…