Tata Consultancy Services (TCS) has inaugurated a new delivery center in Toulouse, France. In the new state-of-the-art facility, TCS will harness next-generation technologies like artificial intelligence (AI), generative AI, machine learning, and data analytics to help customers in aerospace and related industries such as manufacturing and defence. The delivery centre will facilitate AI-driven transformation and foster innovation to improve aircraft design, manufacturing, and maintenance processes for European clients. This includes enhancing fuel efficiency, developing advanced materials for lighter aircraft structures, and implementing predictive maintenance to minimize downtime, improve safety, and redefine the passenger experience of the future.
TVS Motor Company has launched its connected passenger electric three-wheeler, TVS King EV MAX. The vehicle has best-in-class features including bluetooth connectivity through TVS SmartXonnect. The TVS King EV MAX combines innovative technology with eco-friendly solutions, catering to the growing demand for sustainable urban mobility. The TVS King EV MAX is powered by a high-performance 51.2V lithium-ion LFP battery enabling making it perfect for urban commuting. With a top speed of 60 km/h (ECO Mode: 40 kmph; City: 50 kmph; Power: 60 kmph), the vehicle ensures efficient travel while maximizing passenger comfort through its spacious cabin and ergonomic seating design.
Hatsun Agro Product has received the Board of Directors’ approval for the acquisition of 100% of the issued and paid-up share capital of the Milk Mantra Dairy Private (Target Company) in compliance with the provisions of the Companies Act, 2013. In this regard, the company has entered into Share Purchase Agreements (SPAs), and other transaction documents / agreements with the existing promoters and shareholders of the Target Company to acquire 100% of the issued and paid up share capital of the Target Company. Upon successful completion of acquisition of 100% of the issued and paid up share capital, the Target Company will become a Wholly-Owned Subsidiary of the company.
Shashwat Furnishing Solutions has inaugurated its first offline store/experience centre cum studio in Bengaluru, Karnataka. This facility is designed exclusively for B2B operations and aims to offer a hands-on experience of its diverse product portfolio under the Conceptual Furnish brand. Further, the company is set to launch an online ecommerce platform under the same brand name ‘Conceptual Furnish’. This platform will cater directly to consumer needs, providing a seamless online shopping experience with access to its extensive range of furnishings and decor products.
Indian Railway Finance Corporation has reported results for third quarter ended December 31, 2024 (Q3FY25). The company has reported 1.98% rise in net profit at Rs 1,630.66 crore for Q3FY25 as compared to Rs 1,598.93 crore for the same quarter in the previous year. Total income of the company increased by 0.39% at Rs 6,766.39 crore for Q3FY25 as compared to Rs 6,740.02 crore for the corresponding quarter previous year.
Bright Outdoor Media has once again set the benchmark for innovation with the unveiling of its latest Digital LED Hoarding in partnership with its joint venture partner. Strategically placed at the vibrant Wadi Bunder Junction, this new installation promises to captivate audiences with its bold visual appeal and unparalleled reach. Standing tall at 30 feet by 25 feet, the Digital LED Billboard Positioned at a prime location connecting Mumbai’s bustling east and west corridors, this billboard commands the attention of thousands of commuters each day.
EFC (I) has acquired 4,07,897 Equity Shares of MPF Systems (Formerly known as Mather and Platt Fire Systems) through Preferential allotment (Acquisition through Corporate Insolvency Resolution Process) representing 15% Paid-up capital of the MPF Systems. The objective of the acquisition is for the growth of Business of the company which will help to increase revenue and profitability of the Company. On Acquisition, the company is holding 15% stake in MPF Systems.
