Wednesday 10 July 2013

KPIT Cummins, Ramco Systems and Tata Communications may witness some action today

KPIT Cummins, global product engineering and IT consulting partner to automotive, manufacturing and energy & utilities corporations has announced the release of its new generation diagnostics products - “In2Soft Diagnostic Tools”. The enhanced version comes with features that ensure smoother and more seamless diagnostics for the OEMs. The enhanced tools are a part of KPIT’s complete diagnostic portfolio. Besides the tools, KPIT also offers customer-specific solutions and reliable services to its customers around the world in the diagnostics space.

Ramco Systems has clarified on market rumours regarding alleged takeover of the company. That all the rumors are baseless and the company is in process of coming out with a right issue to meet its capital requirement and has taken steps towards the same.

Jindal Steel and Power (JSPL) is reportedly in talks with UK-based steel trader Stemcor to buy its Odisha-based unit, Brahmani River Pellets (BRPL). BRPL has a 4-million tonne per annum beneficiation plant at Barbil, which supplies a pellet plant at Jajpur in Odisha through a 220-km underground slurry pipeline.

Tata Communications has launched Jamvee, a multi-device compatible cloud-based video conferencing service that allows anyone to take part in a video meeting from any location via a desktop computer, tablet, smartphone or a dedicated Telepresence room. Up to 46 participants can join each conference at the touch of a button across the world with largest and furthest-reaching undersea cable network. This robust connectivity backbone from Tata Communications ensures consistent global access and reliability needed by enterprises and professionals for crisp, secure and hassle-free video collaboration - whether at the office, at home, or on the move.

Axis Bank, India’s third largest private sector bank tied up with information services firm Experian to enhance its debt management and collections activities. Axis Bank will use Experian's Tallyman software to efficiently manage customers in arrears, reduce the cost of collecting debt and increase working capital by reducing debt write-offs. Tallyman is a key component of Experian's Debt Collection and Recovery suite and the software automates the collections process across the complete lifecycle - from managing high-risk pre-delinquent customers through to debt recovery.

Speciality Restaurants has resumed the Commercial Operations of ‘Mainland China’ located at Siam Tower, Road No.15, Sector 3, Uttara Model Town, Dhaka, Bangladesh and Oh! Calcutta located Karishma Services, House No.49, 6th Floor, Block-H, Road No.11, Dhaka-1213. Bangladesh. The total number of restaurants and confectionaries of the Company are 86 and 14 respectively.

Welspun group's energy business is extending its clean energy focus beyond power generation. It has plans to set up solar parks across four states. The company has already started work on a 100 megawatt solar park in Rajasthan, for which it is currently acquiring land. It would need around 500 acres for the park for which they are looking for land in Rajasthan. The average investment in a park would be around Rs 100 crore for land development and evacuation infrastructure like setting up sub-stations. It is also looking around for investors into the parks.

The US state of Idaho has said that it has received almost $420,000 from drug major Ranbaxy as part of a $500-million settlement that the Indian firm had signed with US authorities. The settlement resolves civil and criminal allegations that Ranbaxy introduced adulterated drugs into interstate commerce, and, as a result, false or fraudulent claims were submitted to Idaho Medicaid.

No comments:

Post a Comment