World

Portugal's president names Luis Montenegro as new PM

Mar 21, 2024

Lisbon [Portugal], March 21: Portuguese President Marcelo Rebelo de Sousa said Wednesday night he has named Luis Montenegro as new prime minister, official media reported.
The information was announced by the Presidential Office minutes after Montenegro, leader of Portugal's opposition center-right Democratic Alliance, ended a meeting with the president, according to Lusa News Agency.
Source: Xinhua

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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