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CMS COMPUTERS LTD.
Mumbai to get 15,000 AI-powered CCTV cameras under Rs 2,140-cr surveillance projectMumbai is set to significantly enhance its public safety with 15,000 new AI-powered CCTV cameras. This Rs 2,140 crore project will integrat...
Sun Pharma deal: Perception changer for Indian pharma sector? 10 pharma stocks with upside potential of up to 38%The Indian pharma sector made its initial global forays almost a quarter century ago. Companies sought out markets abroad, learnt to deal w...
AI GPU race enters final lap as MeitY opens financial bidsThe technical evaluation of the bids was done on January 13, sources said, adding that New Delhi-based E2E Networks and Bengaluru-based Nxt...
IndiaAI mission GPU tender: 19 companies submit bidsThis initiative plans to make available 10,000 GPUs to support India's AI mission which will benefit startups, researchers, students, and a...
CMS Info files papers for Rs 2,000 crore IPOCash management company CMS Info Systems filed its draft red herring prospectus (DRHP) on Monday for an initial public offering of ₹2,000 c...
Indian Navy gets combat management system for INS Vikrant“This is a major landmark on the navy’s thrust towards GoI's policy of 'Make in India' to encourage indigenous development and promoting pr...
CMS Info Systems likely to kick off 2018 IPO seasonIt is the local market leader in cash management, based on the number of ATMs and retail pick-up points.
Online medical aggregator Medikoe raises $100k in angel fundingMedikoe, a Bengaluru-based online platform connecting users with hospitals, diagnostic and wellness centres, and pharmacies, has raised $10...
Baring Private Equity Asia acquires CMS info Systems for Rs 2,000 croreThe company’s revenue has grown to more than Rs 1,000 crore in fiscal 2015 from Rs 427 crore in 2008-09.
Competition Commission approves Baring-CMS dealThe deal would be done through Sion Investment Holdings Pte Ltd, a Singapore-registered investment vehicle that is part of Baring.
Sebi asks Kaycee Industries' promoters to partially sell stake"I find that the noticees have collectively acquired 10,000 (5.23 per cent equity shares) of the target company in breach of the provisions...
Baring Private Equity Asia to acquire CMS Info Systems, frontrunner in raceThe valuation has been put at around Rs 2,150 crore ($340 million), although others said this could be as much as Rs 2,500 crore.
IIT Madras made full member of CMS experiment at CERNIt will get several opportunities in a large number of related technologies initiated and applied at the Switzerland-based organisation.
Private equity heavyweights Baring, Carlyle and Temasek front-runners to buy CMSOriginally set up in 1976 as CMS Computers to maintain IBM machines, CMS Info Systems was spawned out of its parent in 2009.
Global private equity funds eye CMS buyout as Blackstone plans bumper exit“We do not comment on any speculation, market or otherwise,” a Blackstone India spokesperson told ET, in response to a detailed questionnai...
Durbar lessons: What Arvind Kejriwal's government should learn from other states' experimentsWhat Kejriwal was attempting to do is not new. Many states have experimented with the instrumentality of direct contact with the common man...
Israel’s Verint to get government contract for interception toolsVerint Systems is soon to get a contract from the Indian government to devise interception tools for tracking encrypted communication servi...
- Blackstone acquires domestic IT biz of CMS
Private equity firm Blackstone has picked up a majority stake in a venture consisting of the domestic IT business of CMS Computers and its ...
- Blackstone buys majority stake in CMS Comp for Rs 250 crore
After nearly eight months of negotiations, CMS Computers has clinched a deal to sell a majority stake to private equity firm Blackstone for...
- CMS mulls stake sale, may turn into holding company
The CMS group, one of the largest privately-held groups with interest in IT and IT-related areas, is considering a fund infusion through th...