TCS
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has been selected as a strategic partner by Equinor, the Norway-headquartered global energy company, to accelerate its digitalization journey and help realize its vision of becoming a digital energy company.
TCS will leverage its deep domain knowledge of the energy sector, expertise and scale in digital technologies and investments in research and innovation, to achieve data democratization across Equinor’s core operations and harness the power of machine learning and advanced analytics to help Equinor achieve its growth and transformation objectives.
An initial focus area will be sub-surface data and analytics, where TCS will work with Equinor’s teams to make available high-quality datasets anywhere, anytime, to different stakeholders, by populating
Equinor’s sub-surface data lake. This will act as a single source of truth for all subsurface data within the enterprise. Insights derived using machine learning and advanced analytics will enable Equinor toaccelerate a more data driven approach to key business areassuch as exploration, field development, and operations, to improve hydrocarbon recovery rates and reduce extraction costs.
TCS will also help Equinor leverage data better in the area of safety, security and sustainability, to drivesuperior outcomes by correlating various safety reports and datasets, identifying relevant patterns and trends to predict and prevent incidents, and help improve its safety and sustainability outcomes.
TCS will use its proprietary DATOM™ framework to assess data maturity levels, identify gaps, develop a roadmap to simplify operating models, set up data governance models, and build technology patterns and architectures to help Equinor fully leverage data and analytics to drive superior business outcomes.
Additionally, TCS will use its Location Independent Agile™ model to deploy innovative ways of working that will help enhance speed to market, while helping align outcomes closely with business objectives.
TATA COMMUNICATIONS
Micron Technology, Inc., (Nasdaq: MU) and Tata Communications (NSE: TATACOMM) today announced they are joining forces to create a worldwide cellular-enabled connectivity solution that will simplify and accelerate largescale global deployment of internet of things (IoT) devices. This solution will be powered by a new virtual SIM, the world’s first cloud-based embedded subscriber identity module (eSIM), which offers a flexible, scalable alternative to conventional physical SIM cards. The cloud-based eSIM will be enabled by Micron’s Authenta™ Key Management Service (KMS), the industry’s first silicon-based security-as-a-service platform for edge devices
RAMCO SYSTEMS
We are pleased to intimate you that Ramco Systems has signed up an agreement with NOMAC, which provides high quality Operation & Maintenance (O&M) services for production of electricity and desalinated water worldwide.
NOMAC will be modernizing and transforming its multi-country Payroll operations on Ramco’s Global Payroll platform. NOMAC will be unifying its payroll operations in 11+ countries across Middle East & Africa covering 2600+ employees.
HAPPIEST MINDS
Happiest Minds Technologies Limited (NSE:HAPPSTMNDS), a ‘Born Digital . Born Agile’, digital transformation and IT solutions company, today announced a total contribution of 2 million meals to The Akshaya Patra Foundation while celebrating its IPO Smilestone.
Happiest Minds celebrates Smilestones with acts of giving – this tradition of contributing on behalf of the company’s team, customers, partners, advisory & statutory boards and now, shareholders has been an integral part of its culture since inception.
Ashok Soota, Executive Chairman, Happiest Minds Technologies said “We are grateful for a very successful IPO listing. In line with our culture of giving, we recognize all our Smilestones with contributions to The Akshaya Patra Foundation. We are happy that the latest contribution of 500,000 meals brings the cumulative total to 2 million meals.”
Sharon S Rajkumar, PhD, General Manager and Happiness Evangelist, Happiest Minds Technologies said “Happiest Minds believes in a culture of care where every member is a happiness evangelist to one another, our customers, our shareholders and to society. We stand in solidarity with those in need by making a difference and bringing smiles”
CSB BANK
Fairfax backed private-sector lender CSB Bank (formerly Catholic Syrian Bank), today said that it has entered into a partnership with non-banking finance company, IIFL Finance (IIFL) for sourcing and managing retail gold loan assets. IIFL, acting as Business Correspondent (BC) of the Bank, will source new business from markets where
CSB Bank does not have adequate branch network. IIFL, with its vast branch network, would help CSB Bank penetrate the lower strata of customers and rural areas, where the Bank currently does not have adequate reach. This arrangement would result in scaling up of the customer base.
COCHIN SHIPYARD
Cochin Shipyard Limited, the largest Shipbuilder in India and M/s. Fincantieri, one of the world’s largest shipbuilding groups, signed a Memorandum of Understanding for co-operation in the areas of Design, Ship Building, Ship Repair, Marine Equipment Manufacturing, besides Training & Skill Development. The agreement was signed by Bejoy Bhasker, Director (Technical) of Cochin Shipyard and Achille Fulfaro, Senior Vice President (Sales) of M/s. Fincantieri, Naval Vessel Business Unit, through video conference on 27th October 2020.
2 Cochin Shipyard Ltd with facilities both on the East and West coast of India, is a leading yard in Ship Building and Ship Repair, both on the Commercial & Defence fronts.
3 M/s. Fincantieri is one of the world’s largest shipbuilding groups and a leader in diversification and innovation with over 230 years of history and more than 7,000 vessels built, operating 18 shipyards in four continents. M/s. Fincantieri is a leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega yachts, as well as in ship repairs and conversions, production of systems and mechanical and electrical component equipment and after-sales services.
4 This Agreement sets the ground for a strategic partnership aimed at business development for mutual benefit as well as potential indigenization in the identified areas of cooperation in line with the ’Atmanirbhar Bharat’ and ‘Make in India’ vision of GoI. From an innovation standpoint, this agreement will kick-start the development of cutting-edge solutions in strategic advanced sectors in India, aimed at offering latest technology products both for the Indian as well as global markets.