10.60 (1.16%) HCL Technologies (HCL) has launched a 5G Open Radio Access Network (O-RAN) lab in India that will enable global telecom industry players to transition to a 5G network. This lab will help telecom service providers with multi-vendor options to move to a more open, intelligent, virtualized and fully interoperable 5G mobile network to provide an enhanced experience to end-users.
IndusInd Bank has entered into a co-lending partnership with Kochi-based gold loan firm Indel Money. This is the first-of-its-kind conventional gold loan co-lending partnership between a gold-loan focused NBFC and a commercial bank.
Tata Motors has launched the Tiago NRG hatchback in Nepal in partnership with Sipradi Trading at a starting price of NPR 33.75 lakh. Positioned as 'Urban Toughroader', the NRG comes with an aggressive front visage, muscular body with higher ground clearance.
Persistent Systems has entered into an agreement to acquire Charlotte, North Carolina-based Software Corporation International (SCI) and its affiliate, Fusion360, and the business of East Brunswick, New Jersey-based Shree Partners including its subsidiary in India.
Ashoka Buildcon has further acquired balance 40% stake in equity share capital of Ashoka Bettadahalli Shivamogga Road (ABSRPL) viz., 20000 equity shares of Rs 10 each for an aggregate consideration of Rs 2,00,000. ABSRPL is now a wholly owned subsidiary of the Company post the abovementioned acquisition.
Britannia Industries has collaborated with the global IT and professional services company Accenture to accelerate its digital transformation across multiple retail channels. Accenture, through a digital transformation program, has helped Britannia Industries to accelerate innovation, capture value and improve the customer and supplier experience.
HDFC Bank has issued 4 lakh new credit cards after the lifting of the ban by the RBI last month. These new card issuances are as of September 21, 2021 and it marks bank's aggressive growth path that it has charted post the embargo to re-invent and co-create the credit cards portfolio with strong products and partnerships.