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CMS IT Services releases the CXO s guide to leveraging emerging technology to sharpen competitive edge

CMS IT Services releases the CXO s guide to leveraging emerging technology to sharpen competitive edge
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BlackSoil Invests In Loanzen Finance, SVCL, and CMS IT Services

CMS IT Services releases White Paper on Cyber Security

Bengaluru (Karnataka) [India], August 11 (ANI/News Voir): CMS IT Services, the leading digital transformation partner of enterprises globally, has released a new framework for Identity and Access Management - the number one problem plaguing CISOs in the remote-working digital economy.

Blackstone: Ex Blackstone MD s fund buys into defence supplier Data Patterns

Data Patterns, a home grown Defence & Aerospace Electronics Systems Company, develops systems for land, sea, air and space platforms. Established in 1985 by S. Rangarajan, Rs 200 crore Data Patterns has a workforce of over 700, currently. Data Patterns has domain expertise in development and designing of radars, communication, avionics, fire control systems, missile electronics, naval systems and satellite systems for predominantly Indian Defence and Space establishments and exports to the United Kingdom, South Korea and Europe. The company’s client list includes DRDO, MoD, BEL, HAL, ECIL and ISRO. Data Patterns has a dedicated research, design and manufacturing facility in Chennai. With Government of India’s emphasis on increasing local sourcing of defence equipment and components, the domestic supply eco-system is set to benefit from significant opportunity in the next few years.

MTAR IPO: Ex-Blackstone MD who made 1,400% on MTAR IPO says no plan to sell remaining shares

NEW DELHI: The MTAR Technologies IPO, which received a solid 200 times subscription in its just concluded IPO, is set to deliver a whopping 1,400 per cent, or 15 times, gains to former Blackstone Senior MD, Mathew Cyriac, who through his entities Fabmohur Advisors and Solidus Advisors had bought one-third of the company in 2017. If one were to go by prevailing premium that the grey market is offering on the unlisted shares today, Cyriac s remaining post-IPO shares in the company would be enjoying a 2,744 per cent return on listing! Fabmohur Advisors LLP along with Solidus Advisors held 88,60,570 shares prior to the IPO, which were 33.11 per cent of the total MTAR shares. The shares were bought at an average cost of Rs 38.44 per share, as per the red herring prospectus. The IPO had an OFS of 5,874,300 shares by Fabmohur Advisors. These shares were sold in the price band of Rs 574-575, suggesting 15 times gains, or 1,396 per cent return.

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