NSE

Infosys and Better collaborate to offer Mortgage as a Service

Retrieved on: 
목요일, 11월 9, 2023

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a collaboration with Better Home & Finance Holding Company (NASDAQ:BETR) (NASDAQ: BETRW), a leading digital-first homeownership company, to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform. 

Key Points: 
  • Infosys is one of the world's largest digital service providers to mortgage firms helping them to strengthen their technology and operations.
  • With its digital-first, cloud-first and AI-first approach, Infosys is best equipped to help its clients to reap the advantages of Mortgage as a Service faster.
  • Infosys and Better offer Mortgage as a Service that will allow us to bring to our clients integrated operations and technology with significant productivity benefits."
  • Vishal Garg, CEO & Founder, Better, said, "In a market saturated with legacy products that inhibit digital transformation and lead to great inefficiencies and high costs, Infosys and Better offer increased multi-fold mortgage originations at unprecedented speed."

Infosys Enables Rich Products to Digitally Transform their Core Business Processes Using SAP S/4HANA

Retrieved on: 
수요일, 11월 8, 2023

As part of this collaboration, Infosys seeks to simplify and harmonize Rich's business processes and customer experience using SAP S/4HANA solutions.

Key Points: 
  • As part of this collaboration, Infosys seeks to simplify and harmonize Rich's business processes and customer experience using SAP S/4HANA solutions.
  • This initiative aims to reduce technical debt, simplify and standardize global technology, processes and data to create distinctive customer value.
  • Infosys brings to the program a successful track record and proven experience of delivering large complex transformation using SAP S/4HANA with multiple Fortune 500 and global brands.
  • We are excited about our long-term collaboration with Infosys that will aim to accelerate our business transformation, reduce technical debt and help shape industry standard business processes to drive operational excellence."

Infosys and AWS Enter Strategic Collaboration to Accelerate Financial Institutions' Cloud Transformation Across Europe, Middle East and Africa

Retrieved on: 
수요일, 11월 8, 2023

Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.

Key Points: 
  • Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.
  • To catalyze growth across Europe, Middle East and Africa, Infosys and AWS will jointly create go-to-market strategies and make co-investments over the next three years.
  • By leveraging Infosys Cobalt's industry cloud solutions, assets and frameworks, we are committed to helping financial organizations accelerate their business outcomes."
  • Combining our cutting-edge cloud innovation with Infosys' technology transformation expertise, we now offer customers more capabilities and solutions to specific financial industry challenges at speed and scale."

Infosys and AWS Enter Strategic Collaboration to Accelerate Financial Institutions' Cloud Transformation Across Europe, Middle East and Africa

Retrieved on: 
수요일, 11월 8, 2023

Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.

Key Points: 
  • Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets' expertise to transform business models and modernize applications, delivering operational efficiency.
  • To catalyze growth across Europe, Middle East and Africa, Infosys and AWS will jointly create go-to-market strategies and make co-investments over the next three years.
  • By leveraging Infosys Cobalt's industry cloud solutions, assets and frameworks, we are committed to helping financial organizations accelerate their business outcomes."
  • Combining our cutting-edge cloud innovation with Infosys' technology transformation expertise, we now offer customers more capabilities and solutions to specific financial industry challenges at speed and scale."

L&T Technology Services to partner with Google Cloud to develop state-of-the-art DevX platform

Retrieved on: 
화요일, 11월 7, 2023

LTTS DevX is a groundbreaking platform for engineering services, serving as a comprehensive, unified destination for API-enabled solutions across major industries, from LTTS and its ecosystem partners.

Key Points: 
  • LTTS DevX is a groundbreaking platform for engineering services, serving as a comprehensive, unified destination for API-enabled solutions across major industries, from LTTS and its ecosystem partners.
  • Both organizations will work in tandem to shape LTTS’ DevX framework, and seamlessly integrate Google Cloud's gen AI components into the overall architecture.
  • Firstly, it aims to expand the mindshare among developers globally, positioning DevX as a go-to platform for engineering solutions.
  • “Through this new partnership, L&T Technology Services will use Google Cloud’s infrastructure to power new capabilities that can improve operations and create real-world value for businesses.”

Redington announces Q2FY24 results: Reports notable QoQ growth

Retrieved on: 
화요일, 11월 7, 2023

22,297 Crore revenue for Q2FY24, 5% QoQ

Key Points: 
  • 22,297 Crore revenue for Q2FY24, 5% QoQ
    EBIT and PAT grew by 17% and 22% respectively, QoQ
    CHENNAI, India, Nov. 7, 2023 /PRNewswire/ -- Redington Ltd (NSE: REDINGTON), today announced its financial results for Q2 FY24, which ended on September 30, 2023.
  • It successfully navigated through market uncertainties driven by worldwide economic and geo-political issues to deliver strong growth across all geographies – India, Middle East Africa region and Turkey.
  • 22,297 Crore, overall global revenues for Q2FY24 have grown by a strong 17% YoY and 5% QoQ.
  • *The detailed Financial Report for Q2FY24 can be accessed here: Financial Reports – Redington (redingtongroup.com)
    Certain statements in this release are forward-looking statements.

Redington announces Q2FY24 results: Reports notable QoQ growth

Retrieved on: 
화요일, 11월 7, 2023

22,297 Crore revenue for Q2FY24, 5% QoQ

Key Points: 
  • 22,297 Crore revenue for Q2FY24, 5% QoQ
    EBIT and PAT grew by 17% and 22% respectively, QoQ
    CHENNAI, India, Nov. 7, 2023 /PRNewswire/ -- Redington Ltd (NSE: REDINGTON), today announced its financial results for Q2 FY24, which ended on September 30, 2023.
  • It successfully navigated through market uncertainties driven by worldwide economic and geo-political issues to deliver strong growth across all geographies – India, Middle East Africa region and Turkey.
  • 22,297 Crore, overall global revenues for Q2FY24 have grown by a strong 17% YoY and 5% QoQ.
  • *The detailed Financial Report for Q2FY24 can be accessed here: Financial Reports – Redington (redingtongroup.com)
    Certain statements in this release are forward-looking statements.

Fairfax India Holdings Corporation: Third Quarter Financial Results

Retrieved on: 
목요일, 11월 2, 2023

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $133.0 million in the third quarter of 2023 ($0.93 net earnings per diluted share), compared to net earnings of $112.6 million in the third quarter of 2022 ($0.79 net earnings per diluted share).

Key Points: 
  • The financial results are derived from financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS"), except as otherwise noted, and are unaudited.
  • TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $133.0 million in the third quarter of 2023 ($0.93 net earnings per diluted share), compared to net earnings of $112.6 million in the third quarter of 2022 ($0.79 net earnings per diluted share).
  • The company recorded a performance fee of $20.5 million for the third quarter of 2023 and at September 30, 2023 had accrued $82.6 million to the benefit of Fairfax Financial Holdings.
  • Fairfax India is in strong financial health, with cash and marketable securities of approximately $261 million.

Fortinet Sharpens Business Focus on Core Growth Areas to Extend Leadership Position and Drive Continued Innovation in Cybersecurity

Retrieved on: 
목요일, 11월 2, 2023

This evolution underscores and reaffirms the company’s commitment to providing value to its customers and fostering a culture of innovation.

Key Points: 
  • This evolution underscores and reaffirms the company’s commitment to providing value to its customers and fostering a culture of innovation.
  • As Fortinet’s firewall business grows, its revenue for attached AI-powered FortiGuard Security Services is expected to grow as well.
  • In addition, Fortinet recently expanded its flexible consumption model using FortiFlex to extend AI-powered security services across today’s hybrid environments.
  • Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts , which provide timely steps to mitigate breaking cybersecurity attacks.

HFCL Launches a Suite of Connectivity Products and Solutions for Global Telcos and Enterprises

Retrieved on: 
월요일, 10월 30, 2023

HFCL has unveiled its own designed and developed 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) solution in various variants.

Key Points: 
  • HFCL has unveiled its own designed and developed 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) solution in various variants.
  • Pioneering innovative technology products, HFCL’s portfolio of Indoor and Outdoor 5G FWA CPE products will accelerate wireless broadband penetration in urban, rural areas and help bridge the last-mile connectivity challenge in key global markets.
  • Further, addressing the connectivity needs and bandwidth challenges faced by telcos and enterprises in the fast-evolving digital landscape, HFCL has also launched revolutionary IP MPLS Routers.
  • With the launch of these revolutionary products, we continue on our mission to build a sustainable global digital economy.”