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Wipro, Infosys and Lupin to see some action today

16 Sep 2021

Wipro has secured a multiyear contract from Kuala Lumpur- headquartered Maxis Broadband Sdn Bhd, a leading converged solutions provider. As part of this strategic partnership, Wipro will provide several aspects of IT Managed Services for hybrid Infrastructure and application maintenance. In addition, Wipro will enable new ways of working for Application Development and Testing Services and provide state of the art cybersecurity services for Maxis.

Infosys has entered into strategic collaboration with SAP, a market leader in enterprise application software, to provide Business Process Transformation-as-a-Service to enterprises. 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

Lupin has launched the authorized generic version of Duexis (ibuprofen and famotidine) Tablets, 800 mg/26.6 mg, of Horizon Medicines LLC. 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

Adani Transmission (ATL) has received the Letter of Intent (LoI) for the acquisition of MP Power Transmission Package-II, incorporated by REC Power Development and Consultancy. The company won the project through the Tariff-Based Competitive Bidding (TBCB) process and received the LoI on September 14, 2021. ATL will build, own, operate and maintain the transmission project in the state of Madhya Pradesh for a period of 35 years.

Rama Steel Tubes (RSTL) has received orders from UPPCL (Lucknow), Jal Shakti Vibhag (Himachal Pradesh) and NPCL (Noida) and BSES (New Delhi) aggregating to Rs 42.90 crore. These orders are mainly for supply of electrical poles and G.I. Pipes. These orders will further strengthen RSTL's order book and credibility in the market.

IndusInd Bank has inaugurated a branch in Jodhpur, the second largest city of Rajasthan. The new branch is located on Pal Road which is one of the prime neighbourhoods of the city. With this, the Bank has now expanded its network to 100 branches across Rajasthan. The new branch will house an ATM that will be available 24X7 and provide services like Saving & Current accounts, Loan products, Wealth management services and Credit cards.

PDS Multinational Fashions’ Subsidiary company -- Smart Notch Industrial has entered into Shareholders agreement with Filkor. The investment is in line with the Sustainability and Circularity (ESG) goals of the Company. Through this investment, the Company foresees to be able to provide its customers a complete sustainability and end of life solution (from takeback to resell to upcycle) for all fashion products.


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