Hindustan Zinc, Indian Hotels Company and Newgen Software Technologies to see some action today

Hindustan Zinc has executed long term renewable Power Delivery Agreement (PDA) upto a capacity of 200 MW with SPV, namely Serentica Renewables India 4 on September 2, 2022. The SPV, namely Serentica Renewables India 4 created on February 18, 2022 for implementation of RE power projects to cater to long term power requirement of Hindustan Zinc (HZL) under Power Delivery Agreement (PDA).

Indian Hotels Company (IHCL) has signed a new Ginger hotel in Gangtok, Sikkim. Strategically located in Bojoghari on top of a hill with picturesque views of the mountains, the Ginger hotel is a short drive away from key tourist sights and traditional business district. The design is influenced by the local Sikkimese and Tibetan architecture.

Newgen Software Technologies has launched its all-new integrated Robotic Process Automation (RPA) offering. With this best-in-breed RPA capability, Newgen has further strengthened its low code process automation portfolio. Within-situ integration, RPA will have access to the whole gamut of decision tables, business rules, process data, and lot more. Enterprises will be able to make legacy apps talk to modern ones directly from the workflow non-invasively through a bot. For e.g., all third-party verifications like sanction and BL/AML checks in the onboarding journey, and claim settlement can be handed over to bots. Document validation and extraction of data from invoices can be accelerated.

GMR Infrastructure has received approval to raise funds of up to Rs 6000 crore in one or more tranches through issue of securities including a Qualified Institutions Placement and/or Foreign Currency Convertible Bonds and/or any other securities as an enabling resolution as per the requirements of applicable laws, which shall be subject to approval of shareholders and other regulatory and/or statutory approvals, as applicable. The Board of Directors of GMR Infrastructure at its meeting held on September 02, 2022 has approved the same.

Archit Organosys has incorporated a Wholly Owned Subsidiary namely, in the name and style of 'Archit Life Science’ on September 2, 2022, with an initial Authorized Share Capital of Rs 10,00,000 and Paid-up Share Capital of Rs 10,00,000 to, interalia carry on business of manufacturing chemicals namely ethyl acetate, butyl acetate, propyl acetate, acetaldehyde and acetic anhydride.

Steel Authority of India (SAIL) has supplied the entire DMR grade specialty steel for the nation’s first indigenously built Aircraft Carrier INS Vikrant. In a major feat and towards building an ‘Atmanirbhar Bharat’, SAIL has supplied about 30000 Tonnes of the specialty steel for building this first swadeshi Aircraft Carrier for Indian Navy which is commissioned on September 02, 2022 at Cochin Shipyard.

Aurelia, one of the fastest growing ethnic wear brands by TCNS Clothing Co, has launched exclusive styles for the festive season under the ongoing campaign 'Be Compliment Ready', featuring International star and brand ambassador, Alia Bhatt. Through a series of three engaging videos based on festive occasions, the brand brings alive the idea of turning unexpected situations into your favour through Aurelia's new festive collection.