Motherson Sumi Systems is currently trading at Rs. 222.40, down by 8.50 points or 3.68% from its previous closing of Rs. 230.90 on the BSE. The scrip opened at Rs. 231.80 and has touched a high and low of Rs. 237.20 and Rs. 220.65 respectively. So far 2318316 shares were traded on the counter. The … Read more
Consequent to release of the negative list of items for import by Ministry of Defence (MoD) on August 09, 2020, certain queries have been received with respect to inclusion of some of the items like the light combat aircraft LCA Mark 1A, Pinakarocket system and Akash missile system, which are manufactured in India. It is … Read more
Speaking at the induction ceremony, held at Deolali Field Firing Ranges, the defence minister said many more such systems would be inducted in the Army in the next few years. The 155mm, 39 calibre Ultra light Howitzers have been procured from USA under Government to Government Foreign Military Sales and will be assembled in India … Read more
Mphasis’ wholly owned subsidiary — Mphasis Corporation has acquired Stelligent Systems, LLC a US based, DevOps, continuous integration and continuous development, service provider in Amazon Web Services (AWS), for consideration up to $25 million consequent to signing a definitive agreement on November 08, 2018 regarding the acquisition. Mphasis is a global service provider, delivering technology … Read more
Apollo Micro Systems has received an approval for the enhancement of ICICI Bank Working Capital Limits aggregating up to Rs 250 million. The Board of Directors of the company at their meeting held on November 01, 2018, approved the same. The Hyderabad-based company is in the business of designing, development and manufacturing of electronics and … Read more
Ramco Systems has extended its decade-long business relationship with US heli-operator PHI, Inc. for a company-wide enterprise software upgrade. PHI, Inc., a long-time commercial aviation customer of Ramco, will upgrade the company and its subsidiaries to the latest version of Ramco Aviation M&E MRO Suite 5.8 to manage its multi-entity maintenance and flight operations of … Read more
OutSystems, provider of the number one platform for low-code rapid application development has recognized Persistent Systems as a Global Partner, its highest partnership level. Persistent, a global leader in software and technology development, and OutSystems have strengthened their strategic alliance to make it easier for customers to launch products and service lines, transform customer experience, … Read more
