ATL won the project through the Tariff-Based Competitive Bidding (TBCB) process and received the LoI on 14 September 2021. ATL will build, own, operate and maintain the transmission project in the state of Madhya Pradesh for a period of 35 years.
The project, ‘MP Power Transmission Package-II', consists of approximately 850 ckt km of Transmission Lines & Air Insulated Substations of various voltage levels (220kV and 132kV) in 18 Districts of Madhya Pradesh. With a capex of Rs.1,200 crore, ATL's execution of the project will strengthen the transmission system in Eastern Madhya Pradesh
Long term rating - CRISIL AA/ Stable (upgraded)
Short term rating - CRISIL A1+ (reaffirmed)
Commercial paper - CRISIL A1+ (reaffirmed)
The reform package heralds a new dawn for the Indian telecom industry and will catalyse explosive growth of this vital sector. More importantly, it paves the way for a sustainable three private plus one state owned telecom operator structure to serve a large market like India.
Paytail is a payments software start]up company which works with NBFCs and provides technology for instant loan processing to consumers to buy products as well as services across merchants.
The investment will result in the Company holding up to 16.29% of the equity capital of Paytail.
Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs. 1,61,33,07,248/- comprising of 80,66,53,624 equity shares of face value Rs.2/- each
Underscoring the company's continued investment and commitment to solving business problems using digital technologies, today's announcement provides more details on the vision and deployment for this new aerospace offering by Cyient's IntelliCyient solutions portfolio. Cyient's roster of aerospace customers includes the most advanced aerospace companies globally.
AS9145 establishes requirements for performing and documenting the Production Part Approval Process (PPAP). PPAP is a risk classification, and qualification process used to determine whether a production run will produce parts with consistency and repeatability, both internally and with suppliers. Cyient will provide the infrastructure to connect over 25,000 suppliers in over 50 countries, with a multilingual application integrated with OEMs and prime aerospace companies. The platform will meet or exceed the highest security standards of international regulations and the protection of data.
The Gurkha 2021 is built on a ground up modular architecture platform with an all new wider and longer body, full new interiors, a new crash compliant, high strength C-in-C chassis, new coil spring suspension on all four wheels fine-tuned to achieve the right balance and offer best in class ride quality on multiple surfaces viz., tarmac, rough rural roads and off the road. The only carry over from the previous generation Gurkha is the
Mercedes G-Wagen inspired looks and imposing stance.
As part of the engagement, HCL will use its next-generation digital transformation and service capabilities to bring two of Finastra's strategic products, Fusion Cash Management and Fusion Summit, to the financial
services ecosystem in the region. Fusion Cash Management powers the digital corporate banking experience for financial institutions around the world while Fusion Summit offers a functionally rich core trading solution for capital markets.
Through this collaboration, Infosys will leverage business process intelligence (BPI) from SAP to identify opportunities and obstacles in the transformation journey and create a roadmap for clients. Infosys' BPTaaS
will augment the RISE with SAP offering to reduce complexity and time to benefit as well as accelerate value realization, helping clients reimagine the customer experience - all by leveraging Infosys' portfolio of
Industry Cloud solutions which are a part of Infosys Cobalt.
With the signing of this PPA, about 2,218 MW of PPAs for wind and solar projects have been signed by various subsidiaries of the Company in the past few months, and marks a major milestone in the Company's transition to become predominantly a renewables driven player.
The Company through its wholly owned subsidiaries i.e. JSW Future Energy and JSW Hydro Energy is presently constructing various renewable power projects to the tune of 2.5 GW, with a vision to achieve a total power generation capacity of 20 GW by the year 2030, when the share of renewables in the total capacity will increase to ~ 85% (from 30% currently).
Ibuprofen and Famotidine Tablets, 800 mg/26.6 mg, are indicated for the relief of signs and symptoms of rheumatoid arthritis, osteoarthritis and to decrease the risk of developing upper gastrointestinal ulcers,
which in the clinical trials was defined as a gastric and/or duodenal ulcer in patients who are taking ibuprofen for those indications.
Ibuprofen and Famotidine Tablets (RLD: Duexis) had estimated annual sales of USD 765 million in the U.S. (IQVIA MAT July 2021).
The Company is expected to generate total revenue of more than Rs. 250 crore from the said Project.
Unless previously redeemed pursuant to the terms and conditions of the Notes, the Notes will mature on 21 September 2028 and principal and interest payments will be made in Euro.
The Notes represent direct, unconditional and unsecured obligations of the PFC and will rank pari passu among themselves and all other unsecured obligations of the Issuer. The Notes will be listed on the Singapore Exchange Securities Trading , NSE IFSC and India INX.
Overnight - 6.90%
One month - 7.00%
Three month - 7.05%
Six month - 7.25%
One year - 7.45%
As per the Govt. of India's press release, with this PLI scheme, Drone services (operations, logistics, data processing, traffic management etc.) is likely to grow to Rs 30,000 crore in next 3 years and generate over 5 lac jobs. Drone sector is a key priority area for the government and has been given preferential treatment to promote the sector and help achieve the goal of making India a global drones hub by 2030.
Recently Rattanindia Enterprises had made strategic investment in US based drone company Matternet. Matternet has the most extensive drone logistics network worldwide. RattanIndia Enterprises has also announced incorporation of a wholly owned subsidiary to undertake the drones business in India.
The Bank, which has a 5% market share in credit cards in India, will leverage its partnership with Visa to offer a wide range of credit cards to a variety of customer segments. These cards are designed to offer
smart, convenient and secure transactions, along with attractive reward propositions to customers.
Mukesh D Ambani, Chairman, Reliance Industries, said, “Telecom sector is one the prime movers of the economy and the key enabler for making
India a Digital Society, I welcome the Government of India's announcement of reforms and relief measures that will enable the industry to achieve the goals of Digital India. I thank Hon. Prime Minister for this bold initiative.”
With this patent, Subex moves revenue maximization to the edge, thereby setting standards for operators to proactively identify monetization opportunities. At the same time, it will now move a
step closer to detecting and preventing risks such as digital fraud to prevent damage before it happens.
Moving revenue maximization to the edge marks a significant development for the industry as a whole. As the telecom industry accelerates its journey to 5G and opens new revenue streams
from the enterprise domain, mobile edge computing will become imperative for operators to make decisions faster, with enhanced reliability and agility. This has, further, made it mission-critical for
operators to move their revenue maximization efforts closer to their subscribers, to the edge to truly leverage the potential opportunities provided by 5G and prevent any associated risks.
Through this patent, Subex will now be able to help operators:
• Enable better and faster decision-making and risk prevention at the source of the problem
• Proactively identify monetization opportunities
• Prevent exposures to digital fraud at the user equipment level
• Provide seamless customer experience.
The report highlights that, “TCS is fortifying its capabilities in the med-tech space, and its business transformation capabilities, providing an end-to-end automated, agile, and Intelligent Business 4.0™ framework; end-to-end business operations ownership; value-based consulting; and a cross-business CXO-level focus.” It goes on to say “TCS has been recognized for the strategic direction that it brings to its large clinical transformation programs, providing advisory services for regulatory and clinical IT landscape transformation, R&D business capabilities mapping, R&D long-range planning, and portfolio simplification and its expertise in everything related to data.”