RattanIndia Enterprises, TCS and Tata Motors to see some action today

HDFC Bank Ltd. | Bank - Private | BFSI | BSE: 500180 | NSE: HDFCBANK

07 Jul 2021 Evaluate

RattanIndia Enterprises has decided to expand its footprint internationally. The company will explore strategic partnerships with companies having cutting-edge technologies which could be brought to India's vast market or could leverage India’s cost advantage in manufacturing or outsourcing. The company will also look at investing in technology companies having potential of high growth. By doing this, it has expanded its canvas to international markets thereby ensuring that suitable opportunities outside India are not missed out. In order to put this to effect, it has decided to incorporate a wholly owned subsidiary overseas.

Tata Consultancy Services (TCS) has launched Jile 5.0, a major release of its on-the-cloud Enterprise Agile planning and delivery tool that enables enterprises to meet the large-scale development needs of multiple distributed teams. With enhanced Agile portfolio capabilities and Lean portfolio budgeting, Jile enables better collaboration and accelerates value creation.

Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has commenced deliveries of new version of Range Rover Evoque in the country. The updated Evoque comes with 2-litre petrol and diesel powertrains. The 2-litre petrol engine delivers a power of 184 kW, while the 2-litre diesel engine generates 150 kW of power. The price of the model starts from Rs 64.12 lakh (ex-showroom).

TVS Motor Company has launched TVS NTORQ 125 Race XP. TVS NTORQ 125 ushered in a new era of connectivity, power, and style to the Indian scooter industry. TVS NTORQ 125 Race XP is set to redefine it. It has a path-breaking technology deployed on its Smartxonnect connectivity platform, its renewed drive train with Ride Modes and lightweighting.

Route Mobile has completed acquisition of Sarv Webs’ primarily intellectual property (‘software’) and its associated identified customer contracts (business), on a slump sale basis, subject to fulfillment of terms and condition of the Business Transfer Agreement (BTA). Earlier, the company had entered into BTA with Sarv Webs, Rajasthan, India for acquisition.

HDFC Bank has partnered with Creditas Solutions to offer a guided and customised debt management solution for its loan and credit card customers. With Covid-19 still gripping the country and posing enormous repayment challenges for consumers, the platform comes armed with ready-to-deploy solutions addressing a number of challenges faced by users while managing their credit card and loan payments.

Ashok Leyland has reported its manufacturing plants across the country would be operational between 6-25 days in July. The Chennai-based company noted that the overall market demand in July is better than in June this year.

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