HCL Technologies, HFCL and TCS to see some action today

HCL Technologies (HCL) and Innovaccer Inc.have announced a collaboration to help healthcare and life sciences organizations drive digital health transformation. The partnership will help improve population health, value-based care, connected health, patient-physician engagement and other industry imperatives by ingesting, aggregating, and normalizing healthcare data from disparate sources to improve data quality and health outcomes.

In order to cater the global demand of the products of HFCL and also to expand the business operations and activities of the Company overseas in line with the Company's endeavor to become a global organization, the Company has incorporated two wholly-owned subsidiary companies, HFCL Inc. and HFCL B.V. Both the wholly-owned subsidiaries propose to manufacture and trade Optical Fiber, Optical Fiber Cables, Telecom and Networking Products including research & development activities relating thereto.

Tata Consultancy Services (TCS) has partnered with Heritage Life Insurance Company, a US-based provider of insurance and reinsurance services, to transform the customer experience for policy holders in the closed book of business it recently acquired. In December 2019, Heritage Life acquired a closed book of life insurance policies as part of its growth strategy. It selected TCS to build a new, resilient, and scalable customer service platform that would deliver a superior customer experience before the Transition Services Agreement (TSA) expiry and ensure continuity of service to the policy holders.

Veritas is planning to transfer 74% of its holding in Veritas Polychem and Veritas Infra & Logistics to Swan Energy. Upon completion of necessary compliances and subject to approval by shareholders, above two companies would cease to be Wholly Owned Subsidiary (WoS) of the company.

Sangam India’s  board has approved the issue of up to 571001000 (Fifty Seven Lacs) warrants convertible into Equity Shares of the Company of the face value of Rs 10 each aggregating up to Rs 103.00 crore to the promoters group and Madhuri Madhusudan Kela..

Computer Age Management Services’ wholly owned subsidiary - CAMS Financial Information Services (CAMS FINSERV) was issued the Certificate of Registration (CoR) as a Non-Banking Finance Company (Account Aggregator) by the Reserve Bank of India on 24th February, 2020. CAMS FINSERV was one of the earliest entities to be issued the CoR. The Account Aggregator platform has now been formally launched and major banks have joined the Account Aggregator (AA) network that will enable customers to easily access and share their financial data. The CAMS Finserv AA Platform, will soon be available for all customers.

RMC Switchgears has developed an IoT device which will help in monitoring the location, problems, abnormalities and power consumption (including energy auditing with features, smarter than smart meters) for the State Power utilities and soon company will be rolling it out for Domestic Applications as well which will also provide Home Automation Systems.