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Wednesday, May 19, 2021

Company updates 20.5.21

Happiest Minds Technologies Limited

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital. Born Agile’, digital transformation and IT solutions company announced, it has successfully executed a digital transformation project for Coca Cola Bottling Company United for streamlining its order management with RPA in Microsoft Power Automate.

Coca-Cola Bottling Company United (Coca-Cola United) has a long history of supplying Coca-Cola products directly to retailers and restaurants. But when CocaCola introduced its new Freestyle vending machine, Coca-Cola United, a privately owned company that isn’t owned by Coca-Cola, was challenged to streamline its order and invoicing procedures. It rose to the occasion quickly, using Microsoft Power Automate robotic process automation (RPA). Coca-Cola United is advancing the strategic Freestyle initiative with process automation that matches the individuality and innovation that the product represents.

Using Power Virtual Agents, Happiest Minds helped the company developed a bot that served as an intelligent front end to the new solution. Power Automate was used to drive the entire process. And by interoperating with other Azure services, such as Azure Key Vault, the system was able to securely access both internal and external systems and orchestrate the entire order process, from purchase order to reconciliation, in SAP.

“It has been a very innovative and productive journey for us to work with Coca Cola Bottling Company United to automate their order management with RPA. Happiest Minds always strives to use technology as a tool to enable businesses to accelerate adaption of digital technologies and help modernize and transform their current environment.” – Rajiv Shah, Chief Executive Officer, Digital Business Services, Happiest Minds


ITD CEMENTATION INDIA LTD 

ITO Cementation India Limited is pleased to announce successful completion of tunnelling work by ITO - ITO Cem JV (of which the Company is a JV partner) in Kolkata Metro East West Corridor with the breakthrough of TBM "Urvi" at Bowbazar, Kolkata.

This project is being executed for Kolkata Metro Railway Corporation, under the Ministry of Railways and has been completed efficiently in spite of challenging stretch of century old buildings and COVID scenario.

With the breakthrough, entire TBM tunnelling for East West Metro project has been completed

Post completion of this TBM drive, both the TBMs i.e 'Urvi' and 'Chandi' will be retrieved from retrieval shaft at Bowbazar.

This tunnel boring completion is indeed a great momentous occasion for the Kolkata East - West Metro Project authorities and ITO - ITO Cem JV

TIME TECHNOPLAST LTD

This is further to the Company’s release dated 16 March, 2021 announcing successful completion of testing of Carbon Fibre wrapped Type-4 Composite Cylinders for ‘On-Board’ (vehicle) applications. We had then anticipated the formal approval soon from Petroleum & Explosives Safety Organization (PESO) and Bureau Veritas under International Standard I1SO:11439:2013.

Company is pleased to announce that PESO formally notified their approval for Type-4 Composite Cylinders for ‘On-Board’ application for range of Cylinders. Bureau Veritas has also confirmed their approval through a separate communication.  

Company is in touch with some of most reputed OEMs for Buses, HCVs, CVs, Passenger Cars and also with manufacturers of CNG Conversion Kits for the aftermarket. However, they all had been waiting for PESO’s approval to take the projects forward. Company’s CNG Cylinders under the brand NEX-G are the only indigenously made Composite Cylinders which have been accorded this coveted approval from PESO under highest international standards.

With PESO approval in place, Company expects significant movement for the use of Type-4 Composite Cylinders by OEMs and also in the aftermarket. It may be worthwhile mentioning that the Company had already received PESO’s approval for Type-4 Composite Cylinders for Cascade application. Several of Type-4 Composite Cylinder Cascades are successfully in operation already.