News Overview

HDFC Bank has allotted 893000 equity shares under ESOS on 11 March 2022 The paid up share capital of the Bank will accordingly increase from Rs 5543759376 equity shares of Re1 each to Rs 5544652376 equity shares of Re1 each

Mindtree has allotted 5150 equity shares under ESOP on 11 March 2022

GAIL India announced that the Board of Directors of the Company at its meeting held on 11 March 2022 has recommended a 0dividend of Rs5 per share ie50Percentage subject to the approval of the shareholders

Tech Mahindra approved the proposal to acquire 100Percentage equity shares in Mumbai-based Thirdware Solutions for total consideration of up to USD 42 million including earnouts The transaction is expected to be completed by 31 May 2022 Thirdware is a global player in Enterprise Applications focused in the areas of ERP BIA Cloud and business technologies Thirdware offers consulting design implementing and support of enterprise applications […]

Prime Focus announced that the National Company Law Tribunal has sanctioned the scheme of amalgamation of PF Digital Media Services with Prime Focus The company received the certified copy of the said order on 11 March 2022 The scheme become effective on filing of the certified copy with Registrar of Companies

Krsnaa Diagnostics has appointed Dr Ravinder Sethi as the Chief Operating Officer COO with effect from 15 March 2022

Business Wire India A global market leader in AI-powered IDV solutions, Shufti Pro, has announced that it has raised $20 million in Series A funding led by Updata Partners, a tech-focused growth equity firm.   The investment will be used to accelerate Shufti Pro’s global expansion providing additional resources to push their completely automated solution to new markets to help solve organisation’s unsatisfactory IDV process, […]

Société Générale’s GEFA BANK Taps DXC Technology in Journey to Public Cloud

Business Wire India Gelesis (NYSE: GLS), the maker of Plenity® for weight management, today announced that the Company will report financial results for fiscal year 2021 on March 24, 2022, following the market close. Gelesis management will host a live conference call and webcast at 4:30 p.m. ET on the same day to discuss the results.   The live conference call webcast can be accessed […]

IIFL Capital Services hosted a webinar with Steven Hall and Stanton Jones of Information Services Group (ISG), to gauge the potential impact of the Ukraine-Russia crisis on global technology spending.