ACCELYA SOLUTIONS
Accelya, a leading global provider of financial, commercial and analytics solutions to the airline and travel industry, today announced that it is being acquired by Vista Equity Partners ("Vista"), a leading investment firm focused on enterprise software, data and technology-enabled businesses. Vista's investment in Accelya is the first made by the firm's permanent capit?l investment fund Vista Equity Partners Perennial ("Perennial"), which is focused on growing industry-leading vertical software companies through long-term investments in product expansion and feature enhancement.
Accelya has been at the forefront of travel and transport for more than 40 years and provides solutions spanning the airline lifecycle encompassing financial, commercial and cargo and logistics processes to over 400 clients across the globe. Accelya's mission-critical insights, solutions and services allow customers to stay at the leading-edge of industry change and provide scaled industry platforms that process more than 5 billion financial transactions annually. John Johnston, Chief Executive Officer of Accelya, said, "Our clients count on us to deliver datadriven insights, efficiency and unrivaled value in a highly competitive industry, while also managing risk and compliance and delivering an excellent customer experience.
Vista shares with us a long-term view and focus on product innovation that will allow us to accelerate the expansion of our solutions to propel our clients forward in the dynamic travel marketplace. On behalf of the team, I'd also like to thank Warburg Pincus for their valuable contribution and strategic insight over the years." Like Vista's other investment strategies, Pecennial invests in mission-critical, enterprise software businesses seeking to sustain market leadership and advance product innovation. The Perennial strategy is differentiated by its permanent capital structure which allows it to pursue longer-term value creation opportunities in partnership with companies and their management teams by providing both capital and expertise to accelerate their success.
"Accelya is at the forefront of innovation and positioned to shape the airline and travel industry for decades to come, making it an exceptional first investment for Vista's Perennial Fund," said Robert F. Smith, Founder, Chairman, and CEO of Vista. "We look forward to working with John and the talented management team at Accelya to identify further opportunities for growth as they continue to serve the leading airlines, travel agents, and shippers across the world ." Warburg Pincus will exit its partnership with Accelya upon its sale to Vista, which is subject to customary closing conditions and regulatory approvals. In jurisdictions where it is required to do so, Vista will take appropriate steps to comply with any mandatory open offer requirements. Adarsh Sarma and David Reis, Managing Directors of Warburg Pincus, added, "We are proud to have supported Accelya through a transformative period of organic and acquisitive growth, creating a truly world-class business.
We want to thank John Johnston and his team for their unrelenting hard work and commitment during our ownership. We are excited for their next chapter with Vista who will continue to advance Accelya's development and growth, building on its exceptional foundation of operational excellence and market-leading technology." Bank of America Merrill Lynch and Evercore served as the financial advisors to Accelya and Warburg Pincus. Kirkland & Ellis served as the legal advisor to Warburg Pincus. For Accelya, Socios Financieros served as the management team's advisor and Squire Patton Boggs served as the legal advisor. Goldman Sachs and Houlihan Lokey served as the financial advisors to Vista. Simpson Thacher served as the legal advisor to Vista.
BHARTI AIRTEL
Media Statement from Bharti Airtel
We understand that TRAI is likely to initiate a consultation for bringing rationality in pricing in the Indian mobile sector which has been operating at prices that have been eroding the viability of the sector. Airtel, as one of the leading players, has been at the forefront of driving digital services and made India one of the leading data consuming nations in the world.
The telecom sector is highly capital intensive with fast changing technology cycles that require continuing investments. It is, therefore, extremely important that the industry remains viable to support the vision of Digital India.
Accordingly, Airtel will appropriately increase price offerings in the month beginning December. While continuing to provide affordable tariffs to customers, it would balance the needs of the company to remain viable and thereby continue to invest in the much needed digital infrastructure and maintain the quality standards required by our customers
BANK OF INDIA
This is further to our letter Ref No.HO:IRD:SD:2019-20:340 dated 19.10.2019 and in compliance of Regulation 50(1) of SEBI (LODR) Regulations — 2015, this to inform that Bank will repay the principal along with broken period interest till 08.12.2019 on our 9% IPDI Bonds Series Von 9thDecember, 2019.
EDELWEISIS FINANCIAL LTD
This is to inform you that the Share Allotment Committee has today allotted 1,92,325 Equity Shares of the face value of Re. 1/- each under Edelweiss Employee Steck Incentive Plan (s) of the Company.
HEXAWARE TECHNOLOGIES
Hexaware Developers Win Big at Automation Anywhere's Virtual Bot Games Mumbai, 19
November 2019:
Hexaware Technologies Ltd, a leading provider of IT, BPO and consulting services has announced winning first position at Automation Anywhere's flagship virtual developer conference, Bot Games 2019. Archana Sonar and Rakesh Pal from Hexaware were able to secure the leading position amongst 436 participants across 47 nationalities and a total of 306 teams. Taking home, the top award of USD $10,000, the team was able to create a Genius Chatbot called 'AI Driven Chatbot Trainer & Tester' that can diligently exceed customer expectations.
Chatbots today face various user related complaints like late responses, unresolved queries, and increasing redirects to human agents. Additionally, chatbot service providers often express concerns related to the high costs associated with testing, customer service and training.
To address these challenges, Hexaware's bot enthusiasts - Archana and Rakesh devised an AI-enabled chatbot trainer with reusability and automation. The customer service chatbot was then trained using this AI trainer to manage variations like interacting in multiple languages and handling a diverse set of customer queries. The creation of data using AI makes the chatbot more robust and well prepared for live conversations. The newly designed chatbot solution is extremely user friendly with the ability to handle maximum requests while reducing the overall redirection rate. "We congratulate both Archana and Rakesh for creating a truly innovative, AI-enabled chatbot that exhibits key automation features," said Mukund Srigopal, Head of Global Developer Advocacy at Automation Anywhere.
"The 2019 virtual Bot Games is our online, global RPA competition that ushered in top talent building bots from all over the world and we look forward to hosting the games again in 2020." "This is a huge win for Hexaware as an organization and it showcases our AUTOMATE EVERYTHING TM philosophy in the best possible way!" said a delighted Chinmoy Banerjee, EVP & Global Head of Business Process Services, Hexaware Technologies. "My hearty congratulations to Archana and Rakesh for their innovative thinking and strong business acumen to address real life customer challenges. I am confident they will continue to exceed everyone's expectations at Hexaware in the future."
LUPIN
Enclosed is a Press Release as regards launch of Potassium Chloride for Oral Solution USP, 20 mEq, generic equivalent of Pharma Research Software Solution, LLC' s Potassium Chloride for Oral Solution USP, 20 m Eq, for which, U.S. FDA approval was received earlier. This may kindly be considered as a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
WIPRO LTD
Oulu, Finland and Bangalore, India - November 19, 2019: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today signed a Memorandum of Understanding (MoU) with the University of Oulu, Finland, to collaborate in the areas of wireless communications in 5G/6G at GHz, THz and light wave frequencies under the University's 6G flagship program.
The University of Oulu is an international science university, which focuses on innovation for the future, wellbeing, and knowledge through research and education.
The MoU was signed at the Wipro headquarters in Bangalore in the presence of key delegates from the Finland Ministry of Economic Affairs and Employment, Finnish business corporations, University of Oulu, Business Finland and Wipro executives. Speaking about the MoU, Timo Harakka, Minister of Employment, Finland's Ministry of Economic Affairs and Employment, said,
"The new research partnership between Wipro and University of Oulu regarding 5G and 6G will boost innovation and is an excellent start for the mutually beneficial cooperation between Finland and Wipro. This will also take the innovation corridor partnership between Finland and the State of Karnataka to the next level."
"We are very pleased to deepen the collaboration between the University of Oulu and Wipro Limited, a key innovator in digital business," said Kari Leppanen, Professor of Practice at the University of Oulu, Finland. "As the leader of world's first major 6G research program, '6G Flagship', the University of Oulu focuses on wireless communications leading to 6G technologies. We look forward to targeted research initiatives with Wipro Limited to enable future wireless endto-end solutions for diverse end-user needs."
"As part of Wipro's focus on emerging technologies and innovations, this collaboration is an important step towards building competency, contributing in 5G/6G standards and creating essential patents in these technologies. Together, Wipro and Oulu University will create technology pilots to address industry and customer requirements which have not been adequately addressed so far with the available technologies. This collaboration is definitely a very important step towards next generation technology innovations," said K R Sanjiv, Chief Technology Officer, Wipro Limited.
Accelya, a leading global provider of financial, commercial and analytics solutions to the airline and travel industry, today announced that it is being acquired by Vista Equity Partners ("Vista"), a leading investment firm focused on enterprise software, data and technology-enabled businesses. Vista's investment in Accelya is the first made by the firm's permanent capit?l investment fund Vista Equity Partners Perennial ("Perennial"), which is focused on growing industry-leading vertical software companies through long-term investments in product expansion and feature enhancement.
Accelya has been at the forefront of travel and transport for more than 40 years and provides solutions spanning the airline lifecycle encompassing financial, commercial and cargo and logistics processes to over 400 clients across the globe. Accelya's mission-critical insights, solutions and services allow customers to stay at the leading-edge of industry change and provide scaled industry platforms that process more than 5 billion financial transactions annually. John Johnston, Chief Executive Officer of Accelya, said, "Our clients count on us to deliver datadriven insights, efficiency and unrivaled value in a highly competitive industry, while also managing risk and compliance and delivering an excellent customer experience.
Vista shares with us a long-term view and focus on product innovation that will allow us to accelerate the expansion of our solutions to propel our clients forward in the dynamic travel marketplace. On behalf of the team, I'd also like to thank Warburg Pincus for their valuable contribution and strategic insight over the years." Like Vista's other investment strategies, Pecennial invests in mission-critical, enterprise software businesses seeking to sustain market leadership and advance product innovation. The Perennial strategy is differentiated by its permanent capital structure which allows it to pursue longer-term value creation opportunities in partnership with companies and their management teams by providing both capital and expertise to accelerate their success.
"Accelya is at the forefront of innovation and positioned to shape the airline and travel industry for decades to come, making it an exceptional first investment for Vista's Perennial Fund," said Robert F. Smith, Founder, Chairman, and CEO of Vista. "We look forward to working with John and the talented management team at Accelya to identify further opportunities for growth as they continue to serve the leading airlines, travel agents, and shippers across the world ." Warburg Pincus will exit its partnership with Accelya upon its sale to Vista, which is subject to customary closing conditions and regulatory approvals. In jurisdictions where it is required to do so, Vista will take appropriate steps to comply with any mandatory open offer requirements. Adarsh Sarma and David Reis, Managing Directors of Warburg Pincus, added, "We are proud to have supported Accelya through a transformative period of organic and acquisitive growth, creating a truly world-class business.
We want to thank John Johnston and his team for their unrelenting hard work and commitment during our ownership. We are excited for their next chapter with Vista who will continue to advance Accelya's development and growth, building on its exceptional foundation of operational excellence and market-leading technology." Bank of America Merrill Lynch and Evercore served as the financial advisors to Accelya and Warburg Pincus. Kirkland & Ellis served as the legal advisor to Warburg Pincus. For Accelya, Socios Financieros served as the management team's advisor and Squire Patton Boggs served as the legal advisor. Goldman Sachs and Houlihan Lokey served as the financial advisors to Vista. Simpson Thacher served as the legal advisor to Vista.
BHARTI AIRTEL
Media Statement from Bharti Airtel
We understand that TRAI is likely to initiate a consultation for bringing rationality in pricing in the Indian mobile sector which has been operating at prices that have been eroding the viability of the sector. Airtel, as one of the leading players, has been at the forefront of driving digital services and made India one of the leading data consuming nations in the world.
The telecom sector is highly capital intensive with fast changing technology cycles that require continuing investments. It is, therefore, extremely important that the industry remains viable to support the vision of Digital India.
Accordingly, Airtel will appropriately increase price offerings in the month beginning December. While continuing to provide affordable tariffs to customers, it would balance the needs of the company to remain viable and thereby continue to invest in the much needed digital infrastructure and maintain the quality standards required by our customers
BANK OF INDIA
This is further to our letter Ref No.HO:IRD:SD:2019-20:340 dated 19.10.2019 and in compliance of Regulation 50(1) of SEBI (LODR) Regulations — 2015, this to inform that Bank will repay the principal along with broken period interest till 08.12.2019 on our 9% IPDI Bonds Series Von 9thDecember, 2019.
EDELWEISIS FINANCIAL LTD
This is to inform you that the Share Allotment Committee has today allotted 1,92,325 Equity Shares of the face value of Re. 1/- each under Edelweiss Employee Steck Incentive Plan (s) of the Company.
HEXAWARE TECHNOLOGIES
Hexaware Developers Win Big at Automation Anywhere's Virtual Bot Games Mumbai, 19
November 2019:
Hexaware Technologies Ltd, a leading provider of IT, BPO and consulting services has announced winning first position at Automation Anywhere's flagship virtual developer conference, Bot Games 2019. Archana Sonar and Rakesh Pal from Hexaware were able to secure the leading position amongst 436 participants across 47 nationalities and a total of 306 teams. Taking home, the top award of USD $10,000, the team was able to create a Genius Chatbot called 'AI Driven Chatbot Trainer & Tester' that can diligently exceed customer expectations.
Chatbots today face various user related complaints like late responses, unresolved queries, and increasing redirects to human agents. Additionally, chatbot service providers often express concerns related to the high costs associated with testing, customer service and training.
To address these challenges, Hexaware's bot enthusiasts - Archana and Rakesh devised an AI-enabled chatbot trainer with reusability and automation. The customer service chatbot was then trained using this AI trainer to manage variations like interacting in multiple languages and handling a diverse set of customer queries. The creation of data using AI makes the chatbot more robust and well prepared for live conversations. The newly designed chatbot solution is extremely user friendly with the ability to handle maximum requests while reducing the overall redirection rate. "We congratulate both Archana and Rakesh for creating a truly innovative, AI-enabled chatbot that exhibits key automation features," said Mukund Srigopal, Head of Global Developer Advocacy at Automation Anywhere.
"The 2019 virtual Bot Games is our online, global RPA competition that ushered in top talent building bots from all over the world and we look forward to hosting the games again in 2020." "This is a huge win for Hexaware as an organization and it showcases our AUTOMATE EVERYTHING TM philosophy in the best possible way!" said a delighted Chinmoy Banerjee, EVP & Global Head of Business Process Services, Hexaware Technologies. "My hearty congratulations to Archana and Rakesh for their innovative thinking and strong business acumen to address real life customer challenges. I am confident they will continue to exceed everyone's expectations at Hexaware in the future."
LUPIN
Enclosed is a Press Release as regards launch of Potassium Chloride for Oral Solution USP, 20 mEq, generic equivalent of Pharma Research Software Solution, LLC' s Potassium Chloride for Oral Solution USP, 20 m Eq, for which, U.S. FDA approval was received earlier. This may kindly be considered as a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
WIPRO LTD
Oulu, Finland and Bangalore, India - November 19, 2019: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today signed a Memorandum of Understanding (MoU) with the University of Oulu, Finland, to collaborate in the areas of wireless communications in 5G/6G at GHz, THz and light wave frequencies under the University's 6G flagship program.
The University of Oulu is an international science university, which focuses on innovation for the future, wellbeing, and knowledge through research and education.
The MoU was signed at the Wipro headquarters in Bangalore in the presence of key delegates from the Finland Ministry of Economic Affairs and Employment, Finnish business corporations, University of Oulu, Business Finland and Wipro executives. Speaking about the MoU, Timo Harakka, Minister of Employment, Finland's Ministry of Economic Affairs and Employment, said,
"The new research partnership between Wipro and University of Oulu regarding 5G and 6G will boost innovation and is an excellent start for the mutually beneficial cooperation between Finland and Wipro. This will also take the innovation corridor partnership between Finland and the State of Karnataka to the next level."
"We are very pleased to deepen the collaboration between the University of Oulu and Wipro Limited, a key innovator in digital business," said Kari Leppanen, Professor of Practice at the University of Oulu, Finland. "As the leader of world's first major 6G research program, '6G Flagship', the University of Oulu focuses on wireless communications leading to 6G technologies. We look forward to targeted research initiatives with Wipro Limited to enable future wireless endto-end solutions for diverse end-user needs."
"As part of Wipro's focus on emerging technologies and innovations, this collaboration is an important step towards building competency, contributing in 5G/6G standards and creating essential patents in these technologies. Together, Wipro and Oulu University will create technology pilots to address industry and customer requirements which have not been adequately addressed so far with the available technologies. This collaboration is definitely a very important step towards next generation technology innovations," said K R Sanjiv, Chief Technology Officer, Wipro Limited.