Bharti Airtel, Infosys and Tata Power to see some action today

Bharti Airtel has successfully conducted India’s first cloud gaming session in a 5G environment. The demonstration was conducted in Manesar (Gurgaon) as part of the ongoing 5G trials using spectrum allotted by the Department of Telecom (Government of India). For the 5G cloud gaming demonstration, the company partnered with two of India’s leading gamers - Mortal (Naman Mathur) and Mamba (Salman Ahmad).

Infosys has launched Infosys Springboard to accelerate progress on its ESG goal to expand digital reskilling initiatives to 10 million plus people by 2025. As part of Infosys CSR, Infosys Springboard provides a curriculum-rich virtual platform that delivers corporate-grade learning experiences, on any device, with closer educator-learner collaboration for students from Class 6 to lifelong learners.

Tata Power Company’s wholly owned subsidiary -- TP Saurya (TPSL) has received Letter of Award (LoA) from Rewa Ultra Mega Solar (RUMSL) to build 330 MW (Unit-1 :160 MW + Unit-2:170 MW) of solar project in Neemuch Solar Park of Madhya Pradesh (MP). This project has been awarded through Tariff-based competitive bidding followed bye Reverse auction.

Atul Auto has completed the acquisition of 70% equity share capital of Khushbu Auto Finance (KAFL) whereby making it Wholly Owned Subsidiary on September 01, 2021. Before the acquisition, the company was holding 30% equity share capital of KAFL. The acquisition is made with an object to ensure the desired finance support to the retail customers of vehicles of the Company. With 100% control over KAFL, it will become a captive finance company.

Ahluwalia Contracts has secured new order aggregating to Rs 229 crore approximately for Construction of affordable housing project at New Town - Kolkata (WB) awarded from West Bengal Housing Infrastructure Development Corporation (WBHIDL) The total order inflow during the FY 2021-22 stands at Rs 229 crore.

Vakrangee has renewed its agreement with the Indian Bank to provide BC banking and end to end Financial Inclusion (FI) services for ‘Pan India’ at Vakrangee Kendra outlets. Vakrangee has emerged as one of the leading Financial Inclusion player with more than 13,000 Banking BC points and 4th Largest ATM operator in Rural India with more than 5,400+ ATMs.

VLS Finance has acquired one lakh equity shares of Rs 10 each of VLS Securities, a subsidiary of the company, from VLS Capital, a constituent of Promoter Group of the Company on September 01, 2021, for an outlay of about Rs 4.93 crore. The said acquisition was at arm's length with the aforesaid related party, since the consideration was arrived at on the basis of Independent Valuer's report. Besides, it is not a material transaction as per applicable regulations and materiality policy of the Company.