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🌐 TCS wins multi-million, multi-year AI-led global network transformation deal from ABB
👉🏻 Client: ABB
👉🏻 Deal: Multi-million, multi-year contract
👉🏻 Scope: AI-driven end-to-end global network operations under a Network-as-a-Service model
👉🏻 Milestone: Expands a strategic partnership spanning over 20 years
#TCS #DealWin #AI #DigitalTransformation #ITServices
🚌 JBM Electric Vehicles signs MoU with Drivn to supply 500 electric buses
👉🏻 Partner: Drivn, an electric commercial vehicle leasing platform
👉🏻 Scale: Supply of 500 electric luxury buses
👉🏻 Deployment: Phased rollout over the next one year, initially for intercity fleet operators
👉🏻 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
💻 Happiest Minds Promoter in Talks to Sell Controlling Stake: CNBC-TV18
👉🏻 Promoter Ashok Soota is in advanced talks to sell his stake in Happiest Minds Technologies
👉🏻 ITC Infotech has emerged as the leading contender to acquire the controlling stake, while select private equity firms are also in the race.
👉🏻 Transaction is likely to be executed at a premium to the current market price (CMP).
👉🏻 The winning bidder will be required to make a mandatory "open offer" for an additional 26% stake under SEBI takeover regulations.
👉🏻 Ashok Soota currently holds 32.3% directly and 11.8% through Ashok Soota Medical Research, taking his total holding to 44.1%.
👉🏻 Happiest Minds and ITC Infotech have not responded to CNBC-TV18's queries at the time of the report.
#HappiestMinds #ITCInfotech #ITC #IT
🇰🇷 13 July: South Korea's KOSPI Triggers 20-Minute Trading Halt
👉🏻 KOSPI index plunged over 8% intraday, triggering a 20-minute market-wide circuit breaker to curb panic selling.
👉🏻 Earlier in the session, the Korea Exchange activated a sell-side sidecar, temporarily suspending program sell orders amid heightened volatility.
👉🏻 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.
👉🏻 Heavy selling in technology and semiconductor stocks, led by Samsung Electronics and SK Hynix, further weighed on the benchmark index.
#KOSPI #SouthKorea #StockMarket #GlobalMarkets
