In what could be one of the largest global consolidation deals in the telecom-media space, AT&T Inc. has reached an agreement to buy Time Warner Inc. for USD 85.4 billion. But when a deal this size is struck, one question that pops up is about the people – bankers, other financial advisors and lawyers - who helped shape it up.
"The company's subsidiary Shining Sun Power has signed a 150-MW project development term sheet with power producer Hilliard Energy, a company incorporated and registered under the laws of Mauritius. Both partners will jointly develop 150 MW of solar power project with a total investment of USD 130 million," a statement issued here stated.
Majesco USA has added two clients during the quarter with an additional three upsell/cross sell wins to existing clients. Its 12-month order backlog was USD 54.1 million at the end of September quarter, lower compared to USD 63.3 million at the end of June quarter.
The combined entity, with over USD 100 million in estimated annual revenue, will retain the Majesco brand, a statement said.