RuPay | BoM | NPCI

Bank of Maharashtra (BoM) announced a partnership with the National Payments Corporation of India (NPCI) to introduce its first credit card on the domestic card payment network, RuPay.

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Reliance Industries Ltd (RIL) 

The company has topped the list of the 500 most valuable firms in the country, which was published on December 9 by research firm Hurun India in collaboration with Axis Bank’s private banking unit Burgundy Private.

Weizmann 

The company approved the proposal to buy back up to 14,12,515 fully paid-up equity shares at a price of Rs 60 per share on a proportionate basis through the tender offer process.

Infosys 

Infosys Equinox collaborated with Packable to help amplify its direct-to-consumer e-commerce offerings for its brand partners. It has been positioned as a Leader in Gartner Magic Quadrant for IT Services for Communications Service Providers 2021, Worldwide. 

HFCL 

The company closed the qualified institutional placement issue and raised Rs 600 crore by allocating 8,72,72,727 equity shares at an issue price of Rs 68.75 per equity share.

Tata Consultancy Services (TCS) 

The company has been recognized as a leader in the Everest Group PEAK Matrix for Mainframe Services.  In an assessment of 14 mainframe services providers, TCS was placed highest for its vision and capability. The report cites TCS’ vision of a balanced future of modern IT, with its investments in automation and optimization capabilities enabling integration of mainframes and modern platforms.

Marksans Pharma 

UK MHRA has granted market authorisation to the company’s wholly owned subsidiary Relonchem for Loperamide 2mg hard capsules. Marksans will manufacture the products at its UK MHRA-approved state-of-the-art oral dosage facility located in Goa, India.

Go Fashion

SBI Mutual Fund acquired 15 lakh equity shares in Go Fashion India at Rs 1,172 per share. However, India Advantage Fund S4 I sold 15 lakh shares at the same price on the NSE, the bulk deals data showed.

Bajaj Electricals

The company has authorised some of the directors and officials to review its corporate structure to unlock growth and value creation for all business segments.

Mindtree 

The company has been named a Major Contender in the Everest Group Internet of Things (IoT) Supply Chain Solutions PEAK Matrix Assessment 2022. Everest Group positioned Mindtree as a Major Contender in terms of market impact and vision and capability.