TCS, Biocon and RITES to see some action today

12 Feb 2021 Evaluate

Tata Consultancy Services (TCS) has strengthened its partnership with Snowflake, with the launch of a curated version of its TCS DAEzMo suite of solutions that enables businesses to accelerate their data landscape modernization and migration to Snowflake’s data cloud. The company helps customers across industries resolve complex business-centric data challenges with the power of cloud.

Biocon’s subsidiary -- Biocon Biologics (BBL) and Viatris have received marketing authorization approval from the European Commission for Kixelle, Biosimilar Insulin Aspart, following the positive recommendation by the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency. Kixelle, a fast-acting insulin analog indicated for the treatment of diabetes mellitus in adults, adolescents and children aged 1 year and above, has been approved as a 100 units/ml solution for injection in vial and pre-filled pen presentations.

RITES has, in consortium, emerged as L-1 bidder for a General Consultancy order from Haryana Rail Infrastructure Development Corporation for their Haryana Orbital Rail Corridor (HORC) which is a new electrified Broad-Gauge double line (about 144 kms) from Palwal to Sonipat via Sohna, Manesar and Kharkhoda in the state of Haryana with speed potential of 160 kmph. Fee payable to the consortium will be about Rs 61 crore.

Artson Engineering has received order confirmation of Rs 9.01 crore from Convergence Chemicals for design, manufacture, supply & transport of Fluorination Reactor - 01 No. The time period by which the order is to be executed is 8 months.

Gulf Oil Lubricants has partnered with Gulf Oil International (GOI) for investing and exploring opportunities in the Electric Vehicle (EV) charging space. The company has entered into an agreement with Gulf Oil International to participate and co-invest in Gulf Oil International's recent investment along with the Clean Growth Fund (CGF - a UK venture capital fund) in a UK-based smart energy and electric vehicle technology company Indra Renewable Technologies.

Eicher Motors’ motorcycle arm -- Royal Enfield has launched a new version of its adventure-touring motorcycle Himalayan priced at Rs 2.01 lakh (ex-showroom Delhi). The company has introduced the updated model across India, Europe, and the UK, in three new distinctive, terrain-inspired colorways, along with a range of upgrades.

3M India has decided to consolidate its manufacturing operations in Pune, Maharashtra to a single facility in Ranjangaon and discontinue its production unit at its Pimpri facility during the quarter October - December 2021. At present, the Pimpri facility is owned and managed by 3M Electro & Communication India, a 100% subsidiary of 3M India. Once all the related approvals are in place 3M shall ensure smooth transition of the business and is committed to minimizing any disruption for its customers.

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