Tata Motors, Natco Pharma and Tech Mahindra to see some action today

Tata Motors has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB). The order includes 60 Tigor EVs and 5 Nexon EV SUVs. It is part of a competitive pan-India tender floated by KSEB in line with the state's vision 'Go Green/Carbon Neutral' by 2030.

Natco Pharma, along with its marketing partner Arrow International (an affiliate of Teva Pharmaceutical Industries), has launched of first generic version of Revlimid (Lenalidomide capsules) in 5mg, 100mg, 15mg, and 25mg strengths in the US market.

Tech Mahindra has entered into a collaboration with APPSLINK, a Global award-winning Oracle Partner specialising in Oracle Human Capital Management (HCM) and Enterprise Resource Planning (ERP) implementations. This partnership is aimed at addressing country-specific payroll coverage for Oracle SaaS Customers and focusing on standardization, compliance, and statutory requirements in payroll for organizations of every size and in countries where Oracle payroll localization is not present.

Olectra Greentech has added 150 more electric buses to its fleet in Pune. Olectra's total fleet of 300 electric buses in Pune is the largest in the segment compared to any city in India. The company is confident of adding another 350 buses to Pune Mahanagar Parivahan Mahamandal (PMPML) in the next few months. Olectra is operating electric buses in Mumbai and Nagpur in Maharastra and clocked over three crore kilometres as on January 31, 2022.

Kings Infra Ventures has raised Rs 10 lakh through allotment the 22nd tranche of 1000 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1000 each to Kings Infra Ventures on Private Placement Basis. The Debenture Committee of the company, at its meeting held on March 7, 2022, has allotted the same.

Shriram City Union Finance’s subsidiary -- Shriram Housing Finance’s Assets under management (AUM) or live loan grew 45 per cent so far this fiscal (FY22) to cross the Rs 5,000-crore-mark, making it the fifth-largest in the low-cost housing loan segment. The company, however, missed the target by two months due to the third wave of the pandemic, which delayed collection and disbursals. Its Rs 5,000-crore AUM target was set for December 2021.

Axis Bank and Bharti Airtel (Airtel) have inked a strategic partnership to strengthen the growth of India’s digital ecosystem through a range of financial solutions. In a bid to accelerate adoption of digital payments in the country, over the coming months, Axis Bank and Airtel will bring to market a range of innovative financial offerings and digital services exclusively for Airtel’s 340 million plus customers. These will include co-branded credit card with industry leading benefits, pre-approved instant loans, Buy Now Pay Later offerings and many more. The alliance, with its significant reach across the country will help penetrate tier 2 and tier 3 markets by enabling higher adoption of digitized payments.