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Infosys, CEAT, Zensar, Ashok Leyland in spotlight

Infosys announced a strategic long -term collaboration with ArcelorMittal, the world s leading steel and mining company. ArcelorMittal has chosen Infosys to help accelerate the company s digital transformation journey and enable next-generation application management and business process management (BPM) services for ArcelorMittal Europe. CEAT has entered into a Third Addendum Agreement to the existing Share Subscription and Shareholders Agreement with Tyresnmore Online Private Limited (associate of the Company) and other parties, for making a future investment of upto Rs. 2.40 crore in Tyresnmore, on such terms and conditions as prescribed therein to acquire additional 3.47% of the post issue total share capital of Tyresnmore.

APSEZ, Tata Communications, AU Small Finance Bank in focus

Adani Ports and Special Economic Zone (APSEZ) received a Letter of Intent (LOI) from the Ministry of Ports and Shipping of Sri Lanka and the Sri Lanka Ports Authority, acting on behalf of the Government of Sri Lanka, pursuant to approval from the Sri Lankan Cabinet of Ministers for the development and operations of West Container Terminal (WCT) in Colombo, Sri Lanka. The offer for sale (OFS) of the Government of India s (GoI) equity in Tata Communications would open on March 16. The central government would divest 10% shares in the company along with an additional 6.12% as Green Shoe Option. AU Small Finance Bank said that the Capital Raising Committee of Board of Directors of the bank approved allotment of 50,00,000 equity shares at the issue price of Rs 1251 per equity share, aggregating to Rs. 625.50 crore pursuant to the QIP issue.

Torian Resources Limited (ASX:TNR) to Make Strategic Investment in BullionFX

Torian Resources Limited (ASX:TNR) to Make Strategic Investment in BullionFX    Strategic Investment in BullionFXPerth, Mar 15, 2021 AEST (ABN Newswire) - Torian Resources Ltd ( ASX:TNR) is pleased to announce that it has entered into an agreement to make a strategic investment into BullionFX, a leading blockchain company focused on developing blockchain based currencies backed by precious metals (bullionfx.com). BullionFX is developing a decentralised digital gold registry linked to global wholesale spot market liquidity, surrounded by institutional grade protections including insurance, audit and storage, allowing users to use physical gold as a mechanism for payment, trade and storage of wealth. BullionFX is developing a gold-backed cryptocurrency token that it intends to list on as yet decided secondary market exchanges and forex platforms in the future and launch a suite of payment and debt solutions. BullionFX are currently at the stage of developing smart contracts

HFCL to acquire 50% stake in Nimpaa Telecommunications

HFCL to acquire 50% stake in Nimpaa Telecommunications
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