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TCS To Bolster Operation by Developing Human-Centric AI Centre in Paris

TCS To Bolster Operation by Developing Human-Centric AI Centre in Paris

14 May 2024

On May 13, 2024, Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced, through an exchange filing, that it will develop a Global Artificial Intelligence (AI) Center of Excellence in Paris. The new AI centre will be located in the soon-to-be-constructed TCS PacePortTM in Paris’ La Défense neighbourhood. When …

L&T Technology Services Earns Global Recognition for Growth and Innovation

L&T Technology Services Earns Global Recognition for Growth and Innovation

14 May 2024

L&T Technology Services Limited (LTTS), a leading player in the global digital engineering and R&D services landscape, has secured a prestigious accolade. Information Services Group (ISG), a renowned global technology research and advisory firm, has named LTTS a Top 15 Sourcing Standout in its 1Q 2024 Global ISG Index™. This recognition signifies LTTS’ exceptional performance …

Shriram Finance To Receive ₹4,630 Crore By Divestment of Stake in Shriram Housing Finance

Shriram Finance To Receive ₹4,630 Crore By Divestment of Stake in Shriram Housing Finance

14 May 2024

On May 13, 2024, Shriram Finance Limited (SFL) announced that its Board of Directors had approved the divestment of its housing finance subsidiary, Shriram Housing Finance Limited (SHFL), to Warburg Pincus, a leading global growth investor. Transaction Details Warburg Pincus will buy stakes from each seller via its affiliate, Mango Crest Investment Ltd. The proposed …

DLF Reported Q4 earnings: Net Profit surged to Rs.920 crores

DLF Reported Q4 earnings: Net Profit surged to Rs.920 crores

13 May 2024

DLF is a commercial real estate development company based in Delhi, The company has reported its Q4 FY 2023-24 earnings after market hours today, It has reported a surge in both Revenue and Net profits for this quarter. DLF Q4 Performance DLF has reported a net profit of Rs.920 crores in this quarter against a …

Share Market Pre Open Updates – May 14, 2024

Share Market Pre Open Updates – May 14, 2024

13 May 2024

On May 13, 2024, the Nifty 50 rose 0.15% and closed at 22,104, and the Sensex was up 0.22%, closing at 72,776.    Top Gainers and Losers On the sectoral front, Nifty Pharma, Nifty Healthcare, Nifty Metal and Nifty Realty ended in the green. Meanwhile, Nifty Auto, Nifty PSU Bank, Nifty Oil and Gas and …

SpiceJet Expands Routes with Daily Non-Stop Flights to Phuket from Delhi

SpiceJet Expands Routes with Daily Non-Stop Flights to Phuket from Delhi

13 May 2024

On May 13, 2024, SpiceJet announced in an exchange filing that it had entered Phuket, Thailand’s beautiful island paradise. Starting May 31, 2024, SpiceJet will start daily non-stop flights connecting Delhi and Phuket. The company stated that this new service would complement the airline’s existing operations to Bangkok from Kolkata and Delhi. SpiceJet’s daily non-stop …

Airtel and Google Cloud Partner to Accelerate Cloud Adoption in India

Airtel and Google Cloud Partner to Accelerate Cloud Adoption in India

13 May 2024

On May 13, 2024, Bharti Airtel announced that it had entered into a long-term partnership with Google Cloud to provide cloud solutions to Indian businesses. The strategic partnership will provide cutting-edge cloud solutions from Google Cloud to fast-track cloud adoption and modernisation for Airtel’s customers. Additionally, Airtel aims to offer a range of cloud-managed services …

Hinduja Global Solutions Introduces Cutting-Edge Cybersecurity Solutions

Hinduja Global Solutions Introduces Cutting-Edge Cybersecurity Solutions

13 May 2024

On May 13, 2024, Hinduja Global Solutions (HGS) informed the stock exchanges about the launch of a wide range of cutting-edge Cybersecurity solutions for the market. The comprehensive suite contains seven essential Cybersecurity solutions designed to offer companies state-of-the-art protection against evolving cyber threats. A main feature of HGS CyberSecurity solutions is that they utilise …

Va Tech WABAG Bags USD 49 Million Order for WWTPs in Nepal

Va Tech WABAG Bags USD 49 Million Order for WWTPs in Nepal

13 May 2024

Pure-play water technology player Va Tech WABAG informed the stock exchanges on Monday, May 13, 2024, that the company had received a repeat order of about USD 49 Million from Kathmandu Upatyaka Khanepani Limited (KUKL), funded by Asian Development Bank (ADB). The company stated that the order is to design, build, and operate (DBO) three …

Lemon Tree Hotels Expands Portfolio with Keys Select Signing in Bareilly

Lemon Tree Hotels Expands Portfolio with Keys Select Signing in Bareilly

13 May 2024

On May 10, 2024, Lemon Tree Hotels informed the exchanges about the latest signing of Keys Select by Lemon Tree Hotels, Bareilly. The property will be franchised by Lemon Tree Hotels Limited and is anticipated to open in FY 2025. Keys Select by Lemon Tree Hotels, Bareilly will have 60 well-appointed rooms, a bar, a …

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