Finolex Cables Limited
Finolex Cables Limited, India's leading manufacturer of electrical and communication cables has introduced a fast-moving range of electrical wire accessories like Door Bell, Extension Box, Spike Guard, Angle Holders, Batten Holders, etc to satisfy the growing demand for quality electrical products.
Striving to provide their valued customers nothing but the best and to further expand its offering with contemporary design cues and best-in-class quality, these stylish new products will enhance the aesthetics of today's contemporary homes and offices by blending in beautifully with the decor. The company pla
Finolex has been steadily expanding into the Electrical segment with a product range that includes Electric Water Heaters, Fans, Miniature Circuit Breakers (MCBs), Switches and Lighting products. The company's rapid and industry-leading growth has been the outcome of a well-formulated strategy for setting up modern, well-equipped plants and regular capacity expansion in alignment with market requirements. Finolex's home products such as electrical switches, lights, fans and water heaters have been wellaccepted, and remains focused on growing this consumer-focused range steadily.
Going forward the company will be expanding its range by adding a range of contemporary fans and electrical water heaters to its product line. Finolex Cables continues to leverage their brand equity with the aim of becoming a complete electrical products company and a strong B2C player. The investments made by the company will be a source of competitive advantage, enabling them to capitalise on the unfolding opportunities and expand its business growth
HDFC BANK
HDFC Bank Limited (“Bank”) has executed an agreement for subscribing to 41,228 debentures (“CCDs”) issued by Lentra AI Private Limited (“Lentra” or the “Company”) which are compulsorily convertible into 41,228 equity shares of Lentra at Rs. 1,697.87/‐ per equity share (“Transaction”).
INFOSYS
Infosys Selected by ARLANXEO as the Strategic IT Partner for Digital Ecosystem Applications
Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it has been selected as a strategic end-to-end partner for Digital Ecosystem Application portfolio by ARLANXEO – a global market leader in synthetic elastomers. ARLANXEO has embarked on a digital transformation journey with S/4HANA as the core platform which will be leveraged across the organization. Infosys will deliver best in class Application Services to enable the platforms and applications for ARLANXEO’s next-generation IT.
The partnership will see Infosys deliver IT support and projects for the company’s S/4HANA digital ecosystem with a portfolio of SAP cloud and ecosystem applications. In addition, Infosys will be ARLANXEO’s preferred partner for overall application development. With this long-term partnership, Infosys continues to strengthen its position in the chemical industry in Europe.
WM Promus Partners with EdgeVerve to Drive Automation for its Customers
WM Promus, a leading software services provider, today announced its partnership with EdgeVerve Systems, a subsidiary of Infosys (NYSE: INFY), to develop and deliver innovative automation solutions. Together, they will assist enterprises across industries such as airlines, financial services, manufacturing, and retail to help improve enterprise-wide productivity and efficiency. EdgeVerve’s AssistEdge is a leading automation platform with advanced AI capabilities offering a comprehensive suite of products across Process Discovery, RPA and Orchestration. AssistEdge excels in enabling businesses to adapt to market challenges that demand scalability, security, intelligence and innovation. Through this partnership, EdgeVerve and WM Promus will deliver these solutions to enterprises worldwide. “
WM Promus has consistently delivered high quality consultancy services, processes, and software tools to support customers’ business functions. Through partnership with EdgeVerve, we will be able to expand our automation capabilities and offer agile scalable solutions to reduce operational costs and increase efficiency,” said Paul Walker, Director, WM Promus.
KIOCL Ltd
it is to inform that, Ministry of Steel vide its Letter No. 6(7) 2018-KIOCL dated 20.11.2019 has intimated that Hon’ble Finance Minister has approved the proposal of the Company for setting up of Forward and Backward Integration Projects to the Blast Furnace Unit (BFU) of KIOCL Ltd. at Mangalore with a total outlay of Rs. 836.90 Crores of which Rs. 276.17 Crores will be met through Reserves of the Company and reminder through deb
QUESS CORP
We are pleased to inform that the Hon'ble National Company Law Tribunal, Bengaluru
Bench, has, at the-hearing held on 7th November, 2019, completed the hearing on the
Composite Scheme of Arrangement and Amalgamation amongst TC Forex Services
Limited and Travel Corporation (India) Limited and TC Travel Services Limited and SOTC
Travel Management Private Limited and Thomas Cook (India) Limited and Quess Corp
Limited and their respective shareholders. We have received the certified copy of the order
today, i.e., on 21 st November, 2019.
Further, we would like to inform that Thomas Cook (India) Limited has already intimated to the Stock Exchanges vide its letter dated 6th November, 2019, regarding approval of the Scheme by the Hon'ble NCL T, Mumbai bench, vide an order dated 10th October, 2019.
Further, we would like to inform that Thomas Cook (India) Limited has already intimated to the Stock Exchanges vide its letter dated 6th November, 2019, regarding approval of the Scheme by the Hon'ble NCL T, Mumbai bench, vide an order dated 10th October, 2019.