Tech Mahindra, Infosys and Jindal Steel and Power to see some action today

Tech Mahindra has launched its ServiceNow Business Unit to accelerate digital transformation for customers. The enhanced partnership will allow Tech Mahindra and ServiceNow to collaborate on creating value and building scale for their joint customers through rapid prototyping and development of the next generation low code, no code apps across 5G, IoT (Internet of things), AI/ML (Artificial Intelligence/Machine Learning) and Customer Experience.

Infosys has entered into strategic long-term collaboration with ArcelorMittal, the world’s leading steel and mining company. ArcelorMittal has chosen Infosys to help accelerate the company’s digital transformation journey and enable next-generation application management and business process management (BPM) services for ArcelorMittal Europe. Through this engagement, Infosys will work with ArcelorMittal Europe, share best practices around next-generation application management services to optimize, stabilize, and transform ArcelorMittal’s IT landscape.

Jindal Steel and Power (JSPL) has expressed interest to set up a container manufacturing unit at Paradip, as part of its commitment to 'Atmanirbhar Bharat' and 'Make in Odisha' initiatives. It will be a port-based container manufacturing unit to be built on over 100 acres of land. The Paradip Port authorities have agreed to provide 100 acres of land required for the purpose.

Ugro Capital has inked partnership with SBM Bank India towards the launch of ‘GRO Smart Business’ credit card, powered by RuPay, along with EnKash. These are a range of secured credit cards specially designed for underbanked micro, small and medium enterprises (MSMEs). These can be availed by the U GRO Capital borrowers against a fixed deposit with SBM Bank India.

Switch Mobility Automotive, a unit of Ashok Leyland, has joined hands with Siemens to exploit ''immense'' opportunities in the electric-mobility market in India. Switch Mobility and Siemens have entered into a Memorandum of Understanding (MOU) towards building a co-operative technological partnership in electric commercial mobility segment and execute e-mobility projects in India.

Metropolis Healthcare has achieved a revenue growth of 40% Year on Year (YoY) in Q4FY21 as compared to Q4FY20. Non-Covid Business revenue increased by 21% YoY in Q4FY21 as compared to Q4FY20. Inspite of conducting higher Covid Tests on QoQ basis, Covid Business revenue (RT-PCR Tests) stood at 14% of total revenue in Q4FY21 as compared to 19% in Q3FY21 due to reduction in Test prices by Government agencies.

ACC has progressed well on implementation of its strategic priorities in 2020 and has ''robust'' growth plans for the future. The company despite challenges from the pandemic has delivered on the expectations of its stakeholders. By driving cost management and operational efficiency programmes, ACC reported a 15 per cent increase in EBITDA per ton of cement sold.