Tata Consultancy Services (TCS) 

TCS has been voted number one in customer satisfaction in Switzerland, in an independent survey of CxOs of top IT spending organizations. This is the ninth consecutive year that TCS has taken the top spot with an overall satisfaction score of 81%, compared to the industry average of 74%, reflecting TCS’ strong performance across multiple dimensions.

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GSS Infotech 

The company acquired 100% of ‘farm to store’ company Polimeraas with a combination of stock and cash.

Rain Industries 

Pabrai Investment Funds bought a 2.05% stake in the company via open market transactions, increasing shareholding to 8% from 5.95% earlier.

Karda Constructions

Eriska Investment Fund acquired 38 lakh equity shares in the company at Rs 16.5 per share, the bulk deals data showed.

Indo Count Industries and GHCL 

Indo count acquired the home textile business of GHCL for Rs 576 crore.

HFCL 

The company launched its qualified institutional placement issue on December 6 and approved floor price at Rs 72.33 per share.

Timex Group

Timex Group has inked a strategic new license agreement with Judith Leiber Couture, a global luxury brand. Under this license agreement, Timex Group will be responsible for the production and worldwide distribution of Judith Leiber and Judith Leiber Couture-branded watches beginning in Spring 2022 at Judith Leiber boutiques, select authorized retailers, and online.

Suryalakshmi Cotton Mills

ICRA has upgraded the company’s Long-Term rating to ‘BBB-‘ from ‘BB+’ and also upgraded the short-term rating to ‘A3’ from ‘A4+’. The ratings have been removed from ‘rating watch with negative implications and a Stable outlook was assigned on the long-term rating & short-term credit rating.

Tata Motors

The company announced an increase in price in the range of 2.5%, will be implemented from January 1, 2022, and will be put into effect across segments – M&HCV, I&LCV, SCV, and Bus, basis individual models and variants of the vehicle.

Toyota Kirloskar Motors 

Karnataka Bank has signed a memorandum of understanding (MoU) with Toyota Kirloskar Motor (TKM), following which the bank will be one of the preferred financiers for the entire range of vehicles sold by TKM. The finance options at competitive interest rates will be available to customers, including those covered under priority sector schemes, for purchasing Toyota vehicles for private and commercial use.