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HCL Technologies, Indian Hotels Company and GIC Housing Finance to see some action today

14 Jan 2025 Evaluate

HCL Technologies has expanded its strategic partnership with Microsoft to transform customer service experiences with generative AI and cloud-based contact center solutions. The company will empower clients to activate Microsoft Dynamics 365 Contact Center, a Copilotfirst solution that delivers superior customer experiences, accelerates problem-solving, empowers customer service representatives and drives efficiency.

The Indian Hotels Company has completed the acquisition of 7,989 equity shares of Rs 22,100 each, representing 55% of the issued and paid-up share capital of Rajscape Hotels for a total consideration of around Rs 17.66 crore. Pursuant to acquisition of shares, Rajscape Hotels has become a subsidiary of the company as per the Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

GIC Housing Finance (GICHFL) has entered into partnership with India Mortgage Guarantee Corporation (IMGC) to offer innovative mortgage guarantee-backed home loan products. This strategic collaboration aims to introduce innovative mortgage guarantee-backed home loan products to prospective salaried and self-employed home loan customers, specifically designed to enhance accessibility and affordability in the growing housing finance sector. By combining IMGC's expertise in mortgage guarantees with GICHFL's extensive network, the partnership will enable it to offer more flexible and secure home loan products to a wider range of borrowers.

Bharat Electronics (BEL) has secured additional orders worth Rs 561 crore. The orders include communication equipment, electro optics, upgrades for satcom network, radar & fire control system, spares, services etc. With these orders, BEL has now accumulated orders totaling Rs 10,362 crore in the current financial year.

Dhruv Consultancy Services in Joint Venture with Global Infra Solutions and in Association with Civisor Ingenieria and Infra Services has received the Letter of Award (LoA) towards Consultancy Services for Authority’s Engineer for Development of 6 lane green field (Package-IIA) starts from Design Ch.23+325 to Design ch. 32+090 around Kanpur city (Length=8.765 kms) and Development of 6 lane green field (Package-IIB) starts from Design Start from Ch.32+090 to Ch. 51+200 around Kanpur city (Length=19.110 kms) in the state of Uttar Pradesh on EPC mode from the office of General Manager(Tech) - UP(W) - National Highways Authority of India (the Authority) dated January 10, 2025 as received by the company on January 13, 2025. 

Indobell Insulations has secured an Order from Cochin Shipyard Limited, Central PSU, Department of Public Enterprises, Ministry of Ports, Shipping and Waterways, for Supply and application of Hot Lagging worth Rs 11.01 crore inclusive of GST.

Puravankara’s wholly owned subsidiary -- PPL Hebbal Developers has invested in NBD Office Park LLP (hereinafter referred to as ‘LLP’) as a partner with Capital Contribution of Rs 2.96 crore (24.99% share) to consolidate for better synergy. The LLP is engaged in Real Estate Business.

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