QUEST OPERATING SYSTEM
Rate cut cycle near turning point. What lies ahead for Indian bonds?
The RBI is expected to signal monetary tightening at its October policy meeting as stronger economic growth, rising oil prices and elevated US Treasury yields fuel inflation concerns. Higher domestic rates could support the rupee but raise borrowing costs for the government and companies while pressuring equities and consumption.
In 1967, Robert Kearns patented a windshield wiper that paused between sweeps; Ford later used the idea and paid him $10.2 million in 1990
In 1967, Robert Kearns invented the electronic intermittent wiper system, securing a patent for his innovative design. When Ford utilized his invention without proper acknowledgment in 1978, Kearns took legal action. A jury sided with him in 1990, awarding substantial damages. He subsequently pursued other auto manufacturers, emphasizing the importance of creators safeguarding their innovations and earning rightful recognition.
Emerging sports are the next big business opportunity: Tero India MD
India’s sports boom is opening up opportunities for entrepreneurs to build businesses beyond cricket.
Rentomojo’s valuation jump; SoftBank’s Meesho windfall
Rentomojo is expected to go public at a valuation nearly five times higher than its previous private market round. This and more in today's ETtech Top 5.
ValueQuest Tristar Fund leads the round with Rs 125 Cr investment in Waaree Energy Storage Solutions
ValueQuest Tristar Fund has invested Rs 125 crore in Waaree Energy Storage Solutions Pvt Ltd (WESSPL), the battery storage arm of Waaree Energies. This investment will bolster WESSPL's technology and R&D for manufacturing lithium-ion and sodium-ion cells and battery storage solutions, supporting India's energy transition and 'Make in India' initiative.
Rangsons Aerospace raises Rs 300 crore from ValueQuest Investment Advisors
Rangsons Aerospace intends to use the new funding to boost its operational capacity and explore growth opportunities in new business sectors through targeted acquisitions. Based in Mysuru, the company provides satellite communication systems, airborne thermal management solutions, and fluid distribution systems to global aerospace companies.
Quest Global acquires US design firm Alpha-Numero Technology Solutions
This marks the second acquisition since US private equity firm Carlyle acquired a minority stake in Quest Global in August 2023. The financial terms of the deal have not been disclosed. Headquartered in Singapore, Quest Global employs over 10,000 people across India.
Meta opens Quest operating system to third-party device makers
Meta Platforms partners with Microsoft to share Meta Horizon OS for customized headsets. Zuckerberg aims to dominate VR and MR industry. Google and Apple pose competition in the space, with Meta Horizon OS based on Android.
Meta rebuffs Google's virtual reality tie-up proposal: report
Google had suggested that Meta partnered with its new software platform that is being developed for virtual reality, augmented reality and mixed-reality headsets, the report said, citing a source involved in the talks.
Carlyle buys into Quest Global, invests $500 million
Private equity firm Carlyle Group will acquire a 28% stake in Quest Global Services, an engineering and R&D services provider, for $500m, according to insiders. Quest Global's existing stakeholders, including Bain Capital, Advent Capital and the GIC of Singapore, will sell up. Quest, which has a client list including Airbus, BMW, General Electric, Pratt & Whitney, and Rolls Royce, will use the funds for acquisitions and initial public offerings over the next three to five years.
Qapita raises $15 million in quest to build an ‘operating system’ for private markets
Qapita, an equity management platform, will use the funding to add more software products, liquidity solutions and a digital marketplace for private securities in Southeast Asia, as well as for growing the client base in Singapore, Indonesia and India.
QuEST Global targets $ 1 billion turnover by 2020
The company which has presence in 40 locations across 11 countries plans to increase its headcount to 20,000 by 2020 from 8300 at present.
Manipal Institute of Technology's SolarMobil wins innovation contest for engineering students
The winning team will receive a cash Rs 1 lakh and is being sponsored prize of by aircraft manufacturing giant Airbus to go on a facility tour.
Aravind Melligeri, cofounder of engineering services firm QuEST Global, launches Aequs
Aravind Melligeri, cofounder of engineering services firm QuEST Global, has launched Aequs, which specialises in manufacturing.
QuEST acquires GKN Aerospace's engineering division
Bangalore-based aerospace engineering design firm QuEST has acquired GKN Aerospace Engineering Services.
Niche tech firms outbid Infosys and Mahindra Satyam for Airbus deal
Airbus plans to outsource more design projects for its 380, A350 and A320 series of planes to vendors based in India to slash costs by up to 40%.
Bangalore & Hyderabad: Emerging global hubs for aviation engineering
With Airbus & Boeing spreading wings, Bangalore & Hyderabad are fast emerging as global hubs for aviation engineering, technology & services.
Aviation opportunities in the air in Bangalore, Hyderabad
With Airbus & Boeing spreading wings, Bangalore & Hyderabad are fast emerging as global hubs for aviation engineering, technology & services.
Belgaum gets an aerospace SEZ
India’s aerospace engineering and manufacturing segment took a leap on Saturday with the launch of a 300-acre aerospace SEZ (special economic zone) in Belgaum , North Karnataka.
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