ABM Knowledgeware Ltd bags Rs 127.44 Crores order gor SAP Technology Modernization

ABM Knowledgeware Ltd has announced a recent order for Rs 127.44 Crores (excluding Taxes) for SAP technology modernization. This project involves the technology upgrade of customers’ existing SAP applications to the latest version and S4HANA implementation for all current applications. It also includes the implementation of several new SAP modules and productivity tools. The migration of the entire set-up to cloud infrastructure is also included in the project. With this project, ABM will advance its position in the most sought after HANA tech and cloud migration. With an existing large…

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Titan Company with SBI launches India’s first contactless payment watches

The new normal has enforced upon an urgent need to bring about innovative & safer purchase solutions in the retail space. The fifth largest watch brand in the world, Titan Company Limited has partnered with country’s largest lender State Bank of India (SBI) to introduce Titan Pay powered by YONO SBI. Through this partnership, Titan and SBI are launching a range of stylish new watches with contactless payment functionality for the first time in India. With this launch, SBI account holders can tap their Titan Pay watch on contactless payment…

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Bajaj Consumer Care Joins hand with IndiaMART, to enhance their digital presence in B2B market segment

IndiaMART InterMesh Ltd., today announced that Bajaj Consumer Care has engaged the services of IndiaMART platform to target potential customers of FMCG products range in the B2B category. On this development, Mr Jaideep Nandi, MD, Bajaj Consumer Care Ltd. said, “Looking at the current trend of increasing consumer traction on the e-commerce platforms due to the coronavirus pandemic, it is the right time to expand our footprints into online B2B consumer market segment. Today, IndiaMART is the go-to marketplace for all types of businesses with a pan India coverage. Hence…

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ICICI Securities successfully closes ~INR 7,020 mm IPO of Happiest Minds Technologies Limited

ICICI Securities Limited (“I-Sec”) has announced the successful closure of the Initial Public Offering (IPO) of Happiest Minds Technologies Limited (“Happiest Minds”). Happiest Minds (positioned as a “Born Digital, Born Agile” company) is a leading next-generation digital transformation company. I-Sec ranks #1 in Tech IPOs in the last 6 years with Happiest Minds IPO being the 5th Tech IPO as a Left Lead since 2016 and being part of 8 out of 10 Tech IPOs (led by dedicated technology coverage team which is one of few across banks). I-Sec delivered…

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The Bank of Bahrain and Kuwait goes live with iGTB’s Contextual Digital Transaction Banking platform to support growth

Intellect Global Transaction Banking (iGTB), the world’s first complete Global Transaction Banking Platform from Intellect Design Arena Limited, today announced that BBK (Bank of Bahrain and Kuwait), Bahrain’s leading bank delivering brighter banking experiences to its customers, is now live with iGTB’s fully integrated Digital Transaction Banking platform (DTB). DTB will empower BBK to rapidly and cost-effectively deliver innovative digital banking services and exceptional customer experience for its corporate customers. DTB enables banks to be disruptive in the digital and financial industry through its fully integrated front-to-back transaction banking platform.…

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HCL and Google Cloud Expand Partnership to Deliver Accelerated Business Intelligence Platform

HCL Technologies (HCL), a leading global technology company, and Google Cloud today announced the expansion of their strategic partnership to bring HCL’s Actian portfolio, starting with Actian Avalanche, to Google Cloud. Actian Avalanche is a high-performance hybrid cloud data warehouse designed to power an enterprise’s most demanding operational analytics workloads. Actian Avalanche enables a seamless path to migrate legacy data warehouses, including IBM Netezza and Oracle Exadata, to Google Cloud, through a hybrid-cloud offering leveraging Google Cloud’s Anthos application platform. HCL’s Actian Avalanche hybrid cloud data warehouse has been deployed…

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CARE Ratings reaffirms ‘CARE A-‘ rating with stable outlook for Jindal Stainless (Hisar) Limited

The long-term credit facilities of Jindal Stainless (Hisar) Limited (JSHL) have been reaffirmed at ‘CARE A-‘ rating with a stable outlook by CARE Ratings. The shortterm credit facilities of the Company have also been reaffirmed at ‘CARE A2+’ rating. JSHL’s rating was retained in light of the Company maintaining an accomplished track record in financial and operational domains. Additionally, JSHL’s strength to serve diversified end-user industries, with an emphasis on value-added products, has proved to be favourable in the rating analysis of the Company. A healthy per-tonne operating profit, coupled…

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CRISIL upgrades long term outlook of Deepak Nitrite Ltd

CRISIL Limited has upgraded long term rating outlook of Deepak Nitrite Limited (‘Company’), for Bank Loan facilities of Rs. 750 crores of the Company, from “CRISIL AA- / Stable” to “CRISIL AA / Positive” and has re-affirmed Short Term rating as “CRISIL A1+”. Shares of DEEPAK NITRITE LTD. was last trading in BSE at Rs.856.75 as compared to the previous close of Rs. 857.6. The total number of shares traded during the day was 212134 in over 12776 trades. The stock hit an intraday high of Rs. 866.55 and intraday…

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HSIL Ltd Board to consider Buyback of equity shares

A meeting of the Board of Directors of HSIL Ltd will be held on September 21, 2020, to consider, the proposal of buyback of the fully paid-up equity shares of the Company. The trading window of the Company was closed for all Designated Persons (including Directors and designated employees as per Company’s aforesaid Code) and their immediate relatives with effect from September 14, 2020 and the same shall remain closed till the completion of 48 hours after the conclusion of the aforesaid meeting. Shares of HSIL LTD. was last trading…

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Subex launches Partner Ecosystem Management platform

Subex, a pioneer in Digital Trust, announced the launch of its Partner Ecosystem Management platform that will allow CSPs to accelerate their digital services portfolio expansion. The platform will allow CSPs to create a value driven partner ecosystem and significantly improve time to market for new services by identifying and quickly onboarding diverse partners. It will also enable digital trust among CSPs and their partners by creating a transparent partner ecosystem. The telecom industry is experiencing a shift in consumer behavior with the higher adoption of digital services. A report…

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