Firstsource Solutions has collaborated with Microsoft to deliver cutting-edge digital transformation services to clients worldwide. Using the power of Microsoft Azure OpenAI Service, Firstsource aims to enhance its service offerings, driving innovation and efficiency across various industries. Under this new initiative, Firstsource will utilize Azure OpenAI Service, Azure AI Search, and Azure AI Language to provide generative AI powered solutions and business platforms that unlock the full potential of enterprise data. These solutions will offer a multi-modal, multi-channel search experience, significantly improving effectiveness and personalization for businesses.
JK Tyre and Industry's board approved the merger plan of Cavendish Industries. The amalgamation would result in all the businesses being housed in one listed company. The benefits include economies of scale, operational synergies & efficiencies at multiple levels of business operations.
Tarmat has been allotted a work in joint venture from Maharashtra State Infrastructure Development Corporation for Rs 139.48 crore. Tarmat Share in the Joint Venture is 80 percent. The company has bagged order for construction of Concrete Pavement Road & reconstruction & Widening of bridges & Culverts for Revdanda Bridge to Borli to Murud. Total Length 29.400 Km.
Axis Bank’s private banking business -- Burgundy Private is aiming to expand its wealth management services to 15 new cities, increasing its presence to 42 locations across India. With this strategic move, Burgundy Private will now offer its bespoke wealth management services tailored to the unique needs of discerning clients in India's rapidly evolving Tier 2 markets.
Globus Spirits has launched DOAAB India Craft Whisky setting in motion its entry into the luxury segment of the growing whisky market in India. DOAAB India Craft Whisky is a contemporary range of limited-edition Indian whiskies, born off a spirit of exploration and experimentation.
Strides Pharma’s arm -- Strides Pharma Global has received approval from the US FDA for its generic Fluoxetine tablets (60 mg). The tablets will be manufactured at the company's Puducherry facility.
Mahindra & Mahindra, which leads India's pick-up truck market with a 51% share, is reportedly looking to enter Southeast Asia and step up presence in South Africa with its latest Veero range.
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