Wipro announced that it has won a five-year IT applications management contract from Outokumpu, a global leader in stainless steel, headquartered in Finland. As part of the five-year contract, Wipro will provide applications management services for Outokumpu's SAP landscape along with legacy applications support to cover Outokumpu locations, globally. The announcement was made before market hours today, 7 September 2017.
Infosys announced the opening of a new state-of-the-art office space in Amsterdam. The company currently has more than 20 clients in the country and employs over 1,100 people including those working at client locations in The Netherlands. The announcement was made after market hours yesterday, 6 September 2017.
HCL Technologies announced a new strategic partnership with Alpha Insight, an intelligent products and solutions company headquartered in London, UK, with industry leading expertise in Business Flow Monitoring and Operational Intelligence. The announcement was made after market hours yesterday, 6 September 2017.
The transaction, which includes purchase of select assets, bolsters HCL's DRYiCE Platform and its positioning as an Enterprise A.I Foundation. Integration of Alpha Insight's iControl product into the DRYiCE suite of products, provides deep visibility into end-to-end horizontal business flows and robust operational intelligence to Digital Enterprises, HCL Technologies said in a statement.
Reliance Industries (RIL) said that it had participated in an on-line e-bidding process held recently by Allahabad Bank being leader of the consortium of eleven banks to sell/dispose off assets of Kemrock Industries & Exports of Vadodara, Gujarat and has been declared as the winner in the bid.
This participation is a part of Reliance's efforts to enter the composites business and establish a leadership position in this large and growing market in India. Composites are used in a variety of applications and industries such as renewable energy, mass transportation, infrastructure and a host of other industrial products.
The assets will pave the way for Reliance to foray into new materials (composites and carbon fibre) and further strengthen its petrochemicals business portfolio. The company is in the process of complying with the necessary formalities for acquisition of assets. The announcement was made after market hours yesterday, 6 September 2017.
NBCC (India) has signed an agreement with Ministry of Health & Family Welfare, Government of India for planning, designing & construction of 'Expansion of Sports Injury Centre, New Delhi' amounting around Rs 464 crore on 5 September 2017. The announcement was made after market hours yesterday, 6 September 2017.
Avanti Feeds said that Avanti Frozen Foods, a subsidiary of the company, has started commercial production of shrimp processing and export at its new plant in Yerravaram, East Godavari District, Andhra Pradesh, with effect from 31 August 2017. The announcement was made after market hours yesterday, 6 September 2017.
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