Breaking News

You are here » Indian-Commodity  :  Corporate  :  USG Tech Solutions concludes acquisition of 100% stake in RIS

18-Dec2012

USG Tech Solutions concludes acquisition of 100% stake in RIS

USG Tech Solutions has completed all the necessary matters with respects to the acquisition of 100% stake in Retail Information Systems (RIS) on December 14, 2012. With this recent acquisition, USG Tech Solutions is now well poised to be able to explore and market on a global scale, this piece of technology. Besides, there are numerous opportunities for RIS and USG Tech Solutions which can now be maximized due to this acquisition.

Retail Information System is a company registered and situated in Sydney, Australia. RIS is a Technology and IT Company specializing and focusing on the growing Payments Industry utilizing its own proprietary Software (Operating System) for POS (Point of Sale - EFTPOS) machines. RIS has been in the industry for the past 8 Years and over such time has been associated with well regarded Global and Australian domestic Companies/Organizations such as First Data International, Common Wealth Bank of Australia, GM Cabs (Second Largest Cab Service Provider in Australia), Westpac Bank, St. George Bank, and Bank West.

USG Tech Solutions is a leading domestic Business Process Outsourcing (BPO) company with proven expertise in handling Outsourced sales and marketing, flexi Staffing and other outsourced business processes for leading organizations.


Related News

View all news

Kalpataru Power Transmission bags new orders worth Rs 880 crore

Kalpataru Power Transmission (KPTL), a leading global EPC player in the power & Infrastructure contracting sector has secured new orders worth around Rs 880 crore. Of total, the company has bagged......

Muthoot Finance opens two new branches in Srinagar

Muthoot Finance, one of the pioneers and leaders in the Gold Loan industry, has opened its two new branches at Lal Chowk and Rajbagh in Srinagar, Jammu & Kashmir. Although the company already has......

CARE revises ratings of Welspun Syntex's bank facilities

Credit rating agency, CARE has revised rating of Welspun Syntex's long term bank facilities worth Rs 150.27 crore to 'A' from 'BBB+'. The rating agency has also revised rating of the company's short term......

Top News

View all news

RIL, ONGC and Lupin to see some action

Reliance Industries (RIL), owner of the world's biggest refining complex, imported nearly 25 percent more oil in July compared with the previous month, when it had slowed purchases due to a planned maintenance......

Monsoon uncertainty still a risk for inflation: RBI

RBI in its Annual Report for 2014-15  has said that uncertainty in the progress and distribution of monsoon, a key factor in performance of the farm sector, continues to be a risk for......

Bharti Airtel, Sun TV and Cairn India to see some action

Bharti Airtel, a leading global telecommunications services provider with operations, has signed a definitive agreement to acquire 100% equity stake in Augere Wireless Broadband india (Augere), which holds......