Infosys: The IT services company began its fourth round of
Rs 9,300 crore worth of share buybacks. Through the open market, the buy-back will
be done at a price no higher than Rs 1,850 per equity share with a face value
of Rs 5 each.
Tech Mahindra: To maximize business value for cloud-powered businesses worldwide, the IT major has launched Cloud BlazeTech, an integrated, sector-agnostic platform. In order to speed up digital transformation for businesses, the organization will continue to make investments in cloud services and hyerpscaler relationships.
Eicher Motors: Royal Enfield, a niche bike manufacturer, stated that its new assembly facility in Brazil has begun operation. The CKD (completely knocked down) plant reaffirms the brand's commitment to Latin America and represents a significant advancement in the company's plans for the region.
IDFC First Bank: In order to help startups navigate a variety of banking solutions and expand the innovation ecosystem, the private lender and NASSCOM Centre of Excellence collaborated. IDFC First and NASSCOM COE signed a Memorandum of Understanding to make the bank the preferred banking partner of Bengaluru startups.
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