National

Magnitude 5.5 earthquake strikes northern Chile

Jan 01, 2023

Santiago [Chile], January 1: A magnitude 5.5 earthquake struck Antofagasta in Chile on Saturday, European- Mediterranean Siesmological Centre (EMSC) said, Reuters reported.
The earthquake was at a depth of 139 kilometres (86.37 miles), the EMSC said.
Source: Emirates News Agency

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Concord Control Systems Limited Acquires Majority Stake in Advanced Rail Controls Private Limited

Lucknow (Uttar Pradesh) [India], May 9: Concord Control Systems Limited (Concord), a leading provider of innovative solutions in the railway industry, proudly announces its acquisition of majority stake in a specialized pioneering Company Advanced Rail Controls Private Limited (Advanced Rail). This strategic move marks a significant step forward in consolidating Concord's position as a key player in the global railway technology market. The transaction underscores Concord's commitment to strategic investments that create long-term value for its stakeholders and contribute to the advancement of rail transportation globally.

May 09, 2024