Tech Mahindra, HCL Technologies and NIBE to see some action today

08 Dec 2022 Evaluate

Tech Mahindra has launched Cloud BlazeTech, an integrated, sector-agnostic platform, to maximize business value for cloud-powered enterprises globally. The organization will continue to invest in cloud services & hyerpscaler relationships to boost digital transformation for enterprises. Integrated cloud migration, cloud-native operation & self-healing governance model, ‘Cloud BlazeTech’ supports bi-modal infrastructure transformation and helps enterprises to accelerate to a cloud-native world

HCL Technologies (HCLTech) has collaborated with Intel Corporation and Mavenir to develop and provide scalable private 5G network solutions for communication service providers (CSP) and broader cross-vertical enterprise. The three companies will work cross-functionally, leveraging each other’s unique skillsets to add new offerings and help generate greater value for enterprises.

NIBE has received Letter of Award from Goa Shipyard for supply of Mild Steel and High Tensile Steel Plates with shot blasting and priming for Main Hull and Superstructure of Floating Dock for a total consideration of Rs 25.18 crore. The order is to be executed by February 14, 2023.

Bank of Maharashtra has successfully raised capital of Rs 348 crore through private placement of BASEL III Compliant Tier II Bonds. The bonds have a face value of Rs 1 crore each, and will be listed on the Wholesale Debt Market segment of the BSE.

Crisil has retained Zensciences, an award-winning B2B Marketing Agency, for its Digital Marketing mandate for the second year running. Zensciences has been enabling and managing the brand's end-to-end social media marketing charter. The agency is also working with CRISIL to shape its brand communications in the digital medium.

TVS Motor (Singapore) (TVSM Singapore), a wholly-owned subsidiary of TVS Motor has acquired 100% stake in BBT 35/22 Vermögensverwaltungs GmbH, a German Company and thereby it has become a subsidiary of TVSM Singapore as well as to the Company. The name of the Company is proposed to be changed to Celerity Motor GmbH.

IDFC FIRST Bank and NASSCOM Centre of Excellence (COE) have partnered to grow the innovation ecosystem through an exclusive range of banking solutions. IDFC FIRST Bank will offer its curated products and solutions for startups including Zero Balance Startup Current Account, uniquely designed Working Capital solutions for pre-profit startups, Business Credit Cards for Startups with step-up credit, a tailored 'Founder Success Program' and 40+ Beyond Banking offers from its partners.  While NASSCOM CoE will bring in technology and domain expertise to the partnership, IDFC FIRST Bank will offer tailored financial products to support innovation and entrepreneurship.

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