Wipro Infrastructure Engineering will acquire Precision Automation and Robotics India. Several other mergers and acquisitions were announced, including Eicher Motors acquiring Volvo's India buses business. The IT sector is expected to start 2021 on a strong note with double-digit growth. Auto companies are hopeful that the budget will boost sales but rising prices may still deter buyers. Resilient IT sector is gearing up for growth opportunities and challenges in the 'new normal'.
Wipro Infrastructure Engineering will acquire Precision Automation and Robotics India. Several other mergers and acquisitions were announced, including Eicher Motors acquiring Volvo's India buses business. The IT sector is expected to start 2021 on a strong note with double-digit growth. Auto companies are hopeful that the budget will boost sales but rising prices may still deter buyers. Resilient IT sector is gearing up for growth opportunities and challenges in the 'new normal'.
Wipro Infrastructure Engineering will acquire Precision Automation and Robotics India. Several other mergers and acquisitions were announced, including Eicher Motors acquiring Volvo's India buses business. The IT sector is expected to start 2021 on a strong note with double-digit growth. Auto companies are hopeful that the budget will boost sales but rising prices may still deter buyers. Resilient IT sector is gearing up for growth opportunities and challenges in the 'new normal'.
and Robotics India Tech Mahindra unit to pick up stake in Texas-based VitalTech Holdings •Reliance Jio introduces Jio Pages, a made in India web browser with support for 8 regional languages. Govt launches website to support RandD in coal sector. Eicher, Volvo joint venture to setup Rs. 400 Cr Truck manufacturing plant. Govt launches programme for converting used cooking oil into biodiesel in 100 cities ICICI Bank shuts down operations in Sri Lanka JSW Steel in the process of acquiring land for steel plant in Odisha. Tata Motors floats VRS scheme to rein in fixed costs; its third in 4 years. ITC still has value; steel stocks likely to peak soon Mahindra to make 10 group companies public,sell loss - making units Infosys, Wipro, TCS, HCL Tech Q3FY21 Results Preview: IT Sector to start 2021 on a high 'double-digit' note Covid-19 hit Auto sector make the change to 2021 with cautious optimism •- SBI Life Insurance inks pact with Yes Bank to sell insurance policies Bombay HC allows JSW Dharam tar Port to expand existing conveyor system Eicher Motors says Labour strike hurts Royal Enfield Production Activity in urban housing, commercial construction picks up pace • Wipro Infrastructure Engineering to acquire industrial automation firm PARI IndusInd Bank launches its first metal credit card ‘PIONEER Heritage’ Hero MotoCorp appoints Michael Clarke as COO, HR head Infosys hired over 500 American workers in Indiana since March 2018 JSW Steel’s Dolvi Works plant expansion may be completed by March-end. Carmakers increase year-end discounts, lure buyers with never- before offers •Eicher Motors buys volvo’s India buses business. SBI waives processing fee on home loans, offers interest rate concession •India’s car dealers are hoping that Nirmala Sitharaman’s Budget 2021 brings buyers back — but rising prices may still be a deterrent Wipro and Cisco collaborate to deliver SD-WAN Transformation services to Olympus A short term high probably bullish trade in Axis Bank. Ubs Principal Capital Asia sells IndusInd Bank shares worth Rs 184 Cr Reliance emerges as the biggest Wealth creator over 25 years •Fire breaks out at Royal Enfield’s transit stockyard in Jaipur: Eicher Motors. JSW Steel records Zero new Covid-19 cases at its largest single location steel manufacturing facility ICICI Bank customers can now create FD, pay utility bills and access trade finance services instantly on WhatsApp Sun Pharma announces launch of ILUMYA. Export markets leading sales revival •Eicher Motors : Premium segment could face near-term headwinds , says analysts Wipro Infrastructure Engineering to acquire Precision Automation and Robotics India Coal India board approves venturing into aluminium, solar sectors. IndusInd Bank’s Q2 profit falls 53%, terms Kotak merger as ‘speculative’ •GAIL launches supply of CNG and PNG in Ranchi. • Sebi grants promoters extension to infuse capital Rupifi joins hand with Axis Bank, Visa to launch credit cards for small businesses. •NTPC offers to buy back masala bonds worth ₹4,000 crore •Wipro to buy Chennai-based Encore Theme Technologies for up to Rs 95 crore Resilient IT sector gears up for growth opportunities, challenges amid 'new normal'
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