On August 27, 2024, Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced the launch of a new TCS Pace Studio in Manila, Philippines. This advanced facility aims to collaborate with clients to create customised solutions, driving digital innovation across the Asia Pacific region. The studio, housed within TCS’ …
JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has secured a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 200 MW wind-solar hybrid power project. This project is part of MSEDCL’s Phase III competitive bidding process. With the addition of this capacity, JSW Energy’s total locked-in …
Bajaj Auto, a dominant player in the CNG three-wheeler market with an 80% market share, is now setting its sights on a similar dominance in the electric three-wheeler segment. Having already captured 36% of this market, the company has outlined ambitious plans to increase its share to 80%. Rajiv Bajaj, Managing Director of Bajaj Auto, …
On August 26, 2024, Lemon Tree Hotels Limited announced the signing of its latest property, Lemon Tree Hotel, Civil Lines, Ayodhya, which is set to open in FY 2028. This new addition will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels. The hotel’s location in Ayodhya, a city renowned …
Bondada Engineering Limited has announced a significant achievement with the receipt of a Letter of Award (LoA) for a substantial solar power project. The award has been granted by three companies: Lumina Clean Energy Private Limited, Purelight Energy Private Limited, and VVKR Photovoltaics Energy Private Limited. These companies are special purpose vehicles (SPVs) established by …
Exicom Tele-Systems Limited has entered into a significant financial arrangement by signing a Loan Agreement with Axis Finance Limited, a Non-Banking Financial Company (NBFC) registered under the Reserve Bank of India Act, 1934. The agreement, signed on August 26, 2024, enables Exicom Tele-Systems to avail a secured loan facility of up to ₹125 crore. This …
HCL Technologies Limited (HCLTech) has announced an extension of its strategic AI-driven Engineering Services and Digital Process Operations (DPO) partnership with Xerox. HCLTech stated that it will help Xerox with its Reinvention strategy, which focuses on a comprehensive and structural redesign to position Xerox for sustainable and profitable long-term growth. As part of this extended …
UCAL Limited, a big name in the automotive component world, has just signed a Memorandum of Understanding (MoU) with Blaer Motors Pvt. Ltd., a company known for its work in hybrid drivetrain solutions. This new partnership is all about collaborating on the design and development of motor controllers, specifically those ranging from 500 watts to …
AU Small Finance Bank Limited has rapidly grown to become a prominent player in the Indian banking sector, offering a wide range of financial products and services to individuals and businesses. With its strong focus on technology and innovation, the bank has provided its customers with convenient and efficient banking solutions. An important turning point …
Akums, the largest contract development and manufacturing organization (CDMO) in India, enjoys a dominant position in the local market. In the Indian CDMO market, Akums held a 9.3% market share by value in FY23, while in the Indian Pharmaceutical Market (IPM), the company held an 8.8% share by volume. Its market share by value rose …
