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π TCS wins multi-million, multi-year AI-led global network transformation deal from ABB
ππ» Client: ABB
ππ» Deal: Multi-million, multi-year contract
ππ» Scope: AI-driven end-to-end global network operations under a Network-as-a-Service model
ππ» Milestone: Expands a strategic partnership spanning over 20 years
#TCS #DealWin #AI #DigitalTransformation #ITServices
π JBM Electric Vehicles signs MoU with Drivn to supply 500 electric buses
ππ» Partner: Drivn, an electric commercial vehicle leasing platform
ππ» Scale: Supply of 500 electric luxury buses
ππ» Deployment: Phased rollout over the next one year, initially for intercity fleet operators
ππ» Scope: Includes long-term vehicle leasing, financing, maintenance and charging infrastructure solutions
#JBMA #ElectricBuses #EV #Partnership #Mobility
#Nifty Midcap turns positive, up nearly 600 points from intra-day lows; Kalyan Jewellers, JSW Infra, Tata Tech, Voltas among top Midcap gainers, up in the range of over 4-10%
#NiftyBank At Day's High, Union Bank, PNB, Central Bank Of India Are Top Nifty Bank Gainers
π» Happiest Minds Promoter in Talks to Sell Controlling Stake: CNBC-TV18
ππ» Promoter Ashok Soota is in advanced talks to sell his stake in Happiest Minds Technologies
ππ» ITC Infotech has emerged as the leading contender to acquire the controlling stake, while select private equity firms are also in the race.
ππ» Transaction is likely to be executed at a premium to the current market price (CMP).
ππ» The winning bidder will be required to make a mandatory "open offer" for an additional 26% stake under SEBI takeover regulations.
ππ» Ashok Soota currently holds 32.3% directly and 11.8% through Ashok Soota Medical Research, taking his total holding to 44.1%.
ππ» Happiest Minds and ITC Infotech have not responded to CNBC-TV18's queries at the time of the report.
#HappiestMinds #ITCInfotech #ITC #IT
π°π· 13 July: South Korea's KOSPI Triggers 20-Minute Trading Halt
ππ» KOSPI index plunged over 8% intraday, triggering a 20-minute market-wide circuit breaker to curb panic selling.
ππ» Earlier in the session, the Korea Exchange activated a sell-side sidecar, temporarily suspending program sell orders amid heightened volatility.
ππ» The sharp sell-off was driven by escalating Middle East tensions, surging crude oil prices following the Strait of Hormuz crisis, and broad-based global risk-off sentiment.
ππ» Heavy selling in technology and semiconductor stocks, led by Samsung Electronics and SK Hynix, further weighed on the benchmark index.
#KOSPI #SouthKorea #StockMarket #GlobalMarkets
LTM Ltd
β‘οΈDividend: βΉ53
IG: https://instagram.com/aoiventures/
#Q1FY27 #Q1FY27Results #Q1Results #LTM
π§ Ion Exchange bags βΉ503 Cr international contract from Hyundai E&C for Middle East project
ππ» Order Value: βΉ503 Cr (US$52.83 Mn)
ππ» Client: Hyundai Engineering & Construction Co. Ltd.
ππ» Scope: Supply of filtration units for a Middle East project
ππ» Execution: 18 months
#IONEXCHANG #OrderWin #WaterTreatment #MiddleEast #Infra
π¦ SBI reduces stake offered in SBI Funds Management IPO after pre-IPO sale
ππ» Offer for Sale: Reduced to 9.95 Cr shares (from 12.83 Cr shares)
ππ» SBI Stake Offered: Revised to 4.8851% from 6.3007%
ππ» Reason: βΉ1,655 Cr pre-IPO stake sale completed before the IPO
ππ» Total IPO Size: 17.10 Cr shares (Offer for Sale)
#SBIN #IPO #SBIFunds #CapitalMarkets #OFS
β‘οΈ NTPC approves βΉ20,456.70 Cr investment for 1,600 MW Lara Stage-III project
ππ» Investment: βΉ20,456.70 Cr
ππ» Project: Lara Super Thermal Power Project Stage-III (2Γ800 MW)
ππ» Capacity Addition: 1,600 MW
ππ» Approval: Investment cleared by the Board of Directors
#NTPC #Capex #ThermalPower #Power #Infras
