Eicher Motors, Infosys and Berger Paints to see some action today

16 May 2024 Evaluate

Eicher Motors and Volvo Group's joint venture (JV) company -- VE Commercial Vehicles (VECV) has established a Joint Venture with iTriangle Infotech, a leading telematics solutions provider, to develop and deliver fleet management solutions for truck and bus customers operating in various applications. Definitive agreements to form the JV have been signed and the JV will focus on development of industry leading telematics fleet management systems for VECV, operating on telematics hardware devices supplied to it by iTriangle.

Infosys has collaborated with SAP Emarsys, a cloud-based, omnichannel customer engagement platform, to empower businesses to address the growing need for omnichannel customer engagement. The collaboration will help enterprises create high impact marketing campaigns to boost revenue growth and customer experience by leveraging Emarsys’ customer engagement platform and Infosys Cobalt, a set of services, solutions, and platforms for enterprises to accelerate their cloud journey. 

Berger Paints India has reported 19.68% rise in its consolidated net profit at Rs 222.62 crore for fourth quarter ended March 31, 2024 as compared to Rs 186.01 crore for the same quarter in the previous year. Total income of the company increased by 3.15% at Rs 2,536.16 crore for Q4FY24 as compared Rs 2,458.70 crore for the corresponding quarter previous year.

Veerhealth Care has received Export Order worth $197793 (around Rs 1.65 crore) from one of the top institutional supplier Company in the United States of America. The order is to be executed within 3 months. Recently, the Company has successfully manufactured and exported Preliminary Sample Order of oral care products.

TVS Motor Company has commenced its operations in Italy. The company will introduce a selection of its advanced, high-quality thermic and electric scooters and motorcycles. TVS Motor, ranked as the world’s fourth-largest two and three-wheeler manufacturer and third in market capitalization, already markets its products in 80 countries. The Company is expanding its operations in Italy via its branch office.

Transport Corporation of India has received approval for issuance of Non-Convertible Debentures/Bonds/Other similar Instruments up to an amount of Rs 200 crore. The board of directors in its meeting held on May 15, 2024 has approved the same. 

EET Group, a leading distributor of IT and technology solutions in Europe, has announced a strategic partnership with Quick Heal Technologies, a global cybersecurity solutions provider. This collaboration positions EET as the preferred distributor for Quick Heal's comprehensive suite of cybersecurity products in Europe.  With a legacy of excellence spanning nearly three decades, Quick Heal has established itself as a pioneer in the cybersecurity domain, offering cutting-edge solutions designed to address the complex challenges of the modern digital threat landscape. Quick Heal's portfolio includes a wide array of products that cater to the diverse needs of consumers, small and medium businesses, government institutions, and large corporate entities.

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