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1.72 lakh individual cases of call drops resolved via IVRS mechanism: MoS Communications

by | Feb 2, 2022 | 7:06 pm | Corporate Action, News

New Delhi, Feb 2 (PTI) About 1.72 lakh individual cases of call drops have been resolved so far and around 7,920 Base Transceiver Stations (BTSs) installed by telecom operators specifically to address call drop issues received through DoT's IVRS system, Lok Sabha was informed on Wednesday. The Department of Telecom (DoT) had launched an Interactive [...]

CCI approves acquisition of equity in Escorts by Kubota Corporation

by | Feb 2, 2022 | 6:03 pm | Corporate Action, News

New Delhi, Feb 2 (PTI) Fair trade regulator CCI on Wednesday approved the acquisition of certain additional equity in Escorts Ltd by Kubota Corporation. The transaction involves Kubota's acquisition of certain additional equity shares of Escorts by way of preferential allotment and a mandatory tender offer in compliance with the Securities and Exchange Board of [...]

KGiSL okays demerger of 2 divisions

by | Feb 2, 2022 | 5:34 pm | Corporate Action, News

Coimbatore, Feb 2 (PTI) City-based KG Information Systems Private Limited (KGiSL) has approved the de-merger of its Global Software Services (GSS) and Business Support Services (BSS) divisions. After the demerger, the two divisions would be different, independent entities. KiGSL said it took this decision so that the divisions can unlock their potential and pursue growth. [...]

Shriram AMC announces board approval of strategic investment by Mission1 Investments

by | Feb 2, 2022 | 5:32 pm | Corporate Action, News

New Delhi, Feb 2 (PTI) Shriram Asset Management Company (AMC) on Wednesday said its board has approved a strategic investment by Mission1 Investments, which will own a 23 per cent stake in the company, following the completion of the transaction. This partnership will sharpen Shriram Group's focus and attention towards building an investment solutions platform that is [...]

Gupshup acquires Knowlarity to bolster conversational engagement solutions portfolio

by | Feb 2, 2022 | 1:10 pm | Corporate Action, News

New Delhi, Feb 2 (PTI) Conversational engagement solutions provider Gupshup on Wednesday announced the acquisition of Knowlarity Communications for an undisclosed amount.Knowlarity offers cloud telephony, contact centre automation, AI-powered voice assistants and speech analytics solutions to over 6,000 customers across 65 countries. It has nearly 400 employees.The acquisition complements Gupshup's conversational messaging suite and establishes [...]

Alembic Pharma gets tentative USFDA nod for fesoterodine fumarate extended-release tablets

by | Feb 2, 2022 | 11:02 am | Corporate Action, News

New Delhi, Feb 2 (PTI) Alembic Pharmaceuticals on Wednesday said it has received tentative approval from the US health regulator for its generic version of fesoterodine fumarate extended-release tablets, used for overactive bladder in adults with symptoms of urinary incontinence, urgency, and frequency. The approval by the US Food & Drug Administration (USFDA) for the [...]

Park Place Technologies acquires Storfirst Software

by | Feb 2, 2022 | 10:23 am | Corporate Action, News

Park Place Technologies Strengthens Its Vision with Data Migration Software Deal CLEVELAND, Feb. 1, 2022 /PRNewswire/ -- Park Place Technologies, the leading global data center and networking optimization firm, has strengthened its software portfolio with the purchase of Congruity360's Storfirst software platform. Storfirst is the industry's most secure, OEM- and platform-agnostic (cloud, hybrid cloud and [...]

Zydus Cadila starts supply of COVID-19 vaccine to govt

by | Feb 2, 2022 | 10:12 am | Corporate Action, News

New Delhi, Feb 2 (PTI) Drug firm Zydus Cadila on Wednesday said it has commenced supplies of its COVID-19 vaccine ZyCoV-D to the central government.The company has initiated the supply as per the order placed by the government, the drug firm said in a statement.The group is also planning to make the vaccine available in [...]
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