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Infosys, Kotak Bank, LTIMindtree, KEC International to be watched As on : 14-Jun-23  08:46

Infosys: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Keytrade Bank, the first online bank in Belgium and part of Credit Mutuel Arkea, one of France's largest banking groups, announced the bank's decision to select Infosys Finacle as the preferred partner for the modernization of its core banking system. This collaboration will streamline the bank's core banking ecosystem to enable greater efficiency, faster time to market for products, and state-of-the-art technology architecture, and ensure best experience for its customers.

Kotak Mahindra Bank: The meeting of the board of directors of the bank is scheduled on 16 June 2023 to consider raising of funds by way of issuance of Unsecured, Redeemable, Non-Convertible Debentures / Bonds, in one or more tranches / series, on a private placement basis, during the FY 2023-24.

LTIMindtree: LTIMindtree announced that it has joined the Microsoft Intelligent Security Association (MISA). This collaboration and security specializations will allow LTIMindtree to leverage the Microsoft Security product portfolio to enhance its MDR platform and help enterprises prevent, detect, and respond to the most sophisticated cyberattacks in real time with Microsoft Sentinel.

Anupam Rasayan: Anupam Rasayan has signed Letter of Intent worth revenue of $265 million (Rs 2,186 crore) for next five years with one of the leading Japanese Speciality Chemical company to supply new age patented life science active ingredient.

Zydus Life Sciences: Zydus Lifesciences announced that the group's injectables manufacturing facility at Zydus Biotech Park in Changodar, Ahmedabad, underwent USFDA inspection from 5 June to 13 June 2023. The cGMP inspection concluded with nil observations.

KEC International: The company has secured new orders of Rs. 1,373 crore across its various businesses.

3i Infotech: NuRe FutureTech, wholly-owned subsidiary of 3i Infotech, has signed a Memorandum of Understanding (MoU) with the Department of Computer Science at SRM Valliammai Engineering College, Chennai. This partnership aims to establish a path-breaking AI Lab within the institute's campus.

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