India's largest software exporter TCS has won the contract for running and maintaining the government procurement portal GeM, Commerce and Industry Minister Piyush Goyal said on Monday. The Government e-Market (GeM) portal was launched on August 9, 2016, by the commerce ministry for online purchases of goods and services by all the central government ministries [...]
PTC India Financial Services (PFS), a subsidiary of PTC India, has appointed Mahendra Lodha as Director (Finance) and CFO, the company said in a regulatory filing. PTC India Financial Services is a finance company and systematically important non-deposit-taking NBFC. It is an Infrastructure Finance Company, classified by the RBI and listed on the NSE and [...]
IT services and solutions provider Synoptics Technologies on Monday said it has fixed a price of Rs 237 a share for its initial offer sale, which will open on June 30. The initial public offering (IPO) will conclude on July 5. The minimum application size is 600 shares and multiples thereafter. Its shares will be [...]
Construction and hospitality firm PKH Ventures on Monday said it has fixed a price band of Rs 140-148 a share for its initial share sale, which will open for public subscription on June 30. The initial public offering (IPO) will conclude on July 4, the company announced. The public issue comprises a fresh issue of [...]
The Chief Executive Officer of Bharti Airtel's enterprise arm Airtel Business, Ajay Chitkara, has resigned from the company, according to a filing. Following the resignation, Bharti Airtel has restructured leadership in the enterprise arm by dividing it into three segments. "Ajay Chitkara, CEO Airtel Business, has decided to move on from Airtel. He will continue [...]
New Delhi: India’s leading EV charger manufacturer Servotech Power Systems Limited showcased its extensive range of EV DC fast chargers during the Electric Vehicle Innovation Summit in Abu Dhabi. Servotech participated in this 3-day-long summit in association with its distribution and marketing partner in the Middle East, Al Ansari Motors. This opportunity will help Servotech [...]
Discount brokerage firm 5paisa Capital on Thursday said it has appointed former Google executive Narayan Gangadhar as Chief Executive Officer with immediate effect. Gangadhar has over two decades of experience, mostly with global technology companies like Google, Uber and Amazon. He is a Bachelor of Engineering from Mumbai University and a Master in Computer Science [...]
A Delhi consumer forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay Rs 2 lakh to a person here for sending him bill even after his card's expiry and blacklisting him for non-payment of the charges. The New Delhi District Consumer Disputes Redressal Forum comprising its president Monika A Srivastava and [...]
Auto components maker Pricol Ltd on Thursday said it has moved the Madras High Court challenging the validity of the application of rival Minda Corporation to the Competition Commission of India to acquire a 24.5 per cent stake in it. Minda Corporation had earlier this month decided to approach the CCI to increase its stake [...]
BSNL has started rolling out of 4G network with 200 sites, and after a three-month trial, it will launch an average of 200 sites per day, Union IT and Communications Minister Ashwini Vaishnaw said on Wednesday. The minister said the 4G network of BSNL will be upgraded to 5G by November-December. "The 4G-5G telecom stack [...]
