Jaguar Land Rover, UK has announced a partnership with NVIDIA.
Consolidated profit of the company in Q3FY22 grew significantly by 832 percent YoY to Rs 59.6 crore compared to Rs 6.4 crore in Q3FY21. Meanwhile, revenue grew by 15 percent to Rs 492 crore from Rs 427 crore during the same period.
The company has defaulted on Rs 26.67 crore debt repayment to CDC Emerging Markets.
HAL has reached a settlement with RUAG Aerospace over an arbitration.
The company bagged a five-year contract to drive transformation for ABB’s information systems digital workplace services. The agreement, worth over $150 million, will help ABB’s information systems deliver enhanced, consumer-grade digital experiences.
Tata Consultancy Services
The company announced a partnership with MATRIXX Software to offer a comprehensive next-gen subscription management platform for communication service providers.
The company has commissioned a new facility for Diketenes and Derivatives.
Kalpataru Power Transmission
The company on Feb 19 will consider the proposal for reorganisation.
Subsidiary Best Crop Science has received a licence for indigenous manufacturing of spiromesifen (used to control mites and fly in crops) technical, from the Central Insecticides Board and Registration Committee.
The company will spend Rs 83 crore to install a 20-MW solar power plant.
The company received approval from the board of directors for fundraising up to Rs 50 crore through a rights issue.