, a subsidiary of One97 Communications has received approval from the Reserve Bank of India to operate as a payment aggregator for offline and cross-border transactions. This includes payments coming into India as well as those going out of the country.
has signed a major Memorandum of Understanding (MoU) with the Botswana government, paving the way for approximately $4 billion (₹36,000 crore) in capital investment. This collaboration focuses on developing large-scale renewable energy generation, energy storage, and transmission infrastructure to significantly boost Botswana’s energy security and capacity to nearly 5 GW. KPI Green Energy will lead project development and operations, marking a significant step in its international growth strategy.
has signed a contract with the Netherlands’ fourth-largest retail bank, ASN Bank, to accelerate the lender’s digital transformation and enhance its customer experience. As part of ASN Bank’s new strategy, the lender aims to modernise and standardise its IT architecture, which will involve consolidating IT services, simplifying the vendor landscape and building a future-ready organisation. Under the multi-year agreement, HCLTech will support ASN Bank’s enterprise applications and streamline services through a distributed delivery model to enhance efficiency and customer experience.
One MobiKwik Systems announced the appointment of Navdeep Singh Suri as its Board Chairperson. Suri has been an Independent Director of the Company since 2021.
The board of Power Grid Corporation of India has approved capital expenditure of Rs 1,226.93 crore. The funds will be used to refurbish the existing Bhadrawati High Voltage Direct Current installation.
Titagarh Rail Systems Ltd (TRSL) on Wednesday said it has secured a Rs 273.24-crore contract from the Indian Railways for the supply and maintenance of Rail Borne Maintenance Vehicles (RBMV). The order marks the company’s maiden win in the safety and signalling systems segment, according to a regulatory filing. Under the terms of the Letter of Acceptance (LOA), the Kolkata-based company will be responsible for the design, manufacture, supply, testing, and commissioning of the RBMVs.
has announced the commercial addition of 359.58 MW through various solar projects of its subsidiaries in Gujarat and Rajasthan, bringing the overall commercial capacity to over 85.5 GW at the Group level. NTPC declared the commercial operation date (COD) of part capacity of 243.66 MW out of 1,255 MW Khavda-I Solar PV project of NTPC Renewable Energy, a step-down subsidiary of NTPC, through its subsidiary NTPC Green Energy Ltd. Further, the company declared COD of 78 MW out of the 245 MW capacity of NTPC’s Nokh Sokar PV project (3x 245 MW) in Rajasthan.
Tata Consultancy Services (TCS) discussed its five strategic pillars during an analyst call on Wednesday to transform the digital-led company into an AI-led enterprise. There were clear indications of additional investments, mergers, and acquisitions to achieve this goal. K. Krithivasan, CEO, TCS, outlined the five pillars of AI transformation: an internal shift from digital to AI, followed by AI service offerings, a talent model equipped with AI-ready skills, vertical-specific AI solutions, and an AI ecosystem with further partnerships and new ventures.
and Google Pay launched ‘Google Pay Flex Axis Bank Credit Card’, a UPI-powered co-branded credit card built on the RuPay network. The card enables users to pay at millions of offline merchants and apps and to earn and redeem reward points instantly. Additionally, the card offers repayment options via Google Pay.
Cyient Semiconductors, a subsidiary of Cyient, has signed an agreement to acquire a majority stake in Kinetic Technologies, a power management and high-performance analogue technology provider, for a total consideration of up to $93 million. Headquartered in San Jose (US), Kinetic Technologies is a fabless semiconductor manufacturer with R&D centres based in Silicon Valley and Asia.
AG Enviro Infra Projects Private Ltd, a subsidiary of Antony Waste Handling Cell, has secured two significant municipal solid waste collection and transportation contracts from the Brihanmumbai Municipal Corporation (BMC). The combined value of these contracts is approximately ₹1,330.00 crore, covering a 7-year period.