NIFTY 50

Accel-KKR Completes Sale of Insurance Technologies Corporation (ITC)

Retrieved on: 
Wednesday, December 23, 2020
BSE SENSEX, NIFTY 50, Kohlberg Kravis Roberts, Insurance, ITC Limited, Companies, Finance, Investment

We are so pleased to have partnered with the ITC team on scaling the company and achieving their vision."

Key Points: 
  • We are so pleased to have partnered with the ITC team on scaling the company and achieving their vision."
  • During Accel-KKR's holding period, ITC made a series of strategic acquisitions to expand its product suite and geographic coverage.
  • In August 2019, ITC acquired SmartHarbor to expand its offering in insurance agency marketing solutions.
  • Insurance Technologies Corporation (ITC), founded in 1983, provides websites, agency marketing, comparative rating, and management software and services to the insurance industry, including independent agents and insurance carriers.

Engineering Services Global Market Report 2020-2030 Featuring Major Players - Tata Consulting Services, Infosys, WorleyParsons, Deaton Engineering, and Aricent Group - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 23, 2020
Manufacturing, Engineering, Service companies, BSE SENSEX, NIFTY 50, Companies, Economy of India, Companies based in Bangalore, Infosys, Worley, Aricent, Impact of the COVID-19 pandemic, Coronavirus disease

The "Engineering Services Global Market Report 2020-30: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Engineering Services Global Market Report 2020-30: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
  • Engineering Services Global Market Report 2020-30: COVID-19 Impact and Recovery provides strategists, marketers and senior management with the critical information they need to assess the global engineering services market as it emerges from the COVID-19 shut down.
  • The engineering services market is expected to benefit from steady economic growth in developed and developing countries.
  • Major players in the market are Tata Consulting Services (TCS), Infosys, WorleyParsons, Deaton Engineering, Inc. and Aricent Group.

ICICI Bank launches 'Infinite India', a comprehensive online platform for foreign companies setting up operations in the country

Retrieved on: 
Tuesday, December 22, 2020
BSE SENSEX, NIFTY 50, ICICI Bank, Icici, Companies, Economy of India, Stock exchanges

MUMBAI, India, Dec. 22, 2020 /PRNewswire/ -- ICICI Bank announces the launch of an online platform for foreign companies looking to establish or expand business in the country.

Key Points: 
  • MUMBAI, India, Dec. 22, 2020 /PRNewswire/ -- ICICI Bank announces the launch of an online platform for foreign companies looking to establish or expand business in the country.
  • The 'Infinite India' initiative is a part of the host of technology-enabled-services that the Bank is offering to foreign companies/MNCs coming to India.
  • Commenting on the launch, Ms. Vishakha Mulye, Executive Director, ICICI Bank said,"Over the years, India has emerged as a preferred destination for foreign investment.
  • In these improved scenario, we are launching the 'Infinite India' portal, that brings together various banking and value-added services on one platform for foreign companies.

Global Active Pharmaceutical Ingredients Market to Surpass US$ 284.3 Billion by 2027, Says Coherent Market Insights (CMI)

Retrieved on: 
Monday, December 21, 2020
Biotechnology, Pharmaceutical, Health, Other Health, Health sciences, Pharmacology, Life sciences, Pharmaceutical sciences, Pharmacy, Pharmaceutical industry, Active ingredient, Ingredient, Pharmaceuticals policy, NIFTY 50

According to Coherent Market Insights, the global active pharmaceutical ingredients market is estimated to be valued at US$ 180.4 billion in 2020 and is expected to exhibit a CAGR of 6.7% during the forecast period (2020-2027).

Key Points: 
  • According to Coherent Market Insights, the global active pharmaceutical ingredients market is estimated to be valued at US$ 180.4 billion in 2020 and is expected to exhibit a CAGR of 6.7% during the forecast period (2020-2027).
  • The global active pharmaceutical ingredients market is expected to exhibit a CAGR of 6.7% during the forecast period due to the growing production capacities of Asia-based API manufacturers, and rising incidence of chronic diseases.
  • North America is estimated to hold the largest market share in the global active pharmaceutical ingredients market in 2020 due to higher consumption of APIs for manufacturing finished dosage forms in the biopharmaceutical industry in North America.
  • Global Active Pharmaceutical Ingredients Market, By Product Type:
    Global Active Pharmaceutical Ingredients Market, By Molecule Type:
    Global Active Pharmaceutical Ingredients Market, By Formulation:

2020 Medical Devices Pipeline Assessment for Immunohematology Tests - Featuring Grifols, Alba Bioscience & Amity University Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, December 21, 2020
Medical devices, Health, Product management, Design, NIFTY 50, Product pipeline

The report reviews details of major pipeline products which includes, product description, licensing and collaboration details and other developmental activities

Key Points: 

The report reviews details of major pipeline products which includes, product description, licensing and collaboration details and other developmental activities
In-depth analysis of the product's current stage of development, territory and estimated launch date

ICICI Bank Canada Visa* Debit Card launched

Retrieved on: 
Monday, December 21, 2020
Other Professional Services, Professional services, Technology, Online Retail, Consumer, Other Consumer, Retail, Other Technology, Payment cards, Debit cards, Financial services, Finance, BSE SENSEX, ICICI Bank, NIFTY 50, Visa Inc., Icici, Visa Debit

Commenting on the launch, Mr. Sandeep Goel, President and CEO, ICICI Bank Canada, said, At ICICI Bank Canada, it is our constant endeavor to bring forth innovative banking solutions for our customers.

Key Points: 
  • Commenting on the launch, Mr. Sandeep Goel, President and CEO, ICICI Bank Canada, said, At ICICI Bank Canada, it is our constant endeavor to bring forth innovative banking solutions for our customers.
  • ICICI Bank Canada and Everlink Payment Services Inc. are jointly spearheading the Visa debit card adoption for other financial institutions to drive digital payments growth in Canada.
  • "As spending habits continue to show a preference for online shopping, customers of ICICI Bank Canada will now have more ways to shop online with ICICI Bank Canada Visa Debit Card, accepted by millions of merchants worldwide.
  • It has been a pleasure to work with ICICI Bank Canada to bring ICICI Bank Canada Visa Debit Card to market and were very excited about the benefits this program will bring, said Mr. Mark Ripplinger, President and CEO of Everlink.

China Customer Relations Centers, Inc. Announces Financial Results for the First Half of 2020

Retrieved on: 
Friday, December 18, 2020
Employment compensation, Expense, Payroll, Business, Articles, Service companies, BSE SENSEX, NIFTY 50, Business process, Outsourcing, Aon Hewitt

Cost of revenues consists primarily of salaries, payroll taxes and employee benefits costs of our customer service associates and other operations personnel.

Key Points: 
  • Cost of revenues consists primarily of salaries, payroll taxes and employee benefits costs of our customer service associates and other operations personnel.
  • As a percentage of revenues, cost of revenues was 73.5% for the six months ended June 30, 2020, compared to 74.5% for the same period of the prior year.
  • As of June 30, 2020, the Company had cash of $28.67 million, compared to $25.33 million at December 31, 2019.
  • The Company is a leading BPO service provider in China focusing on the complex, voice-based and online-based segments of customer care services, including:

Welbilt and HCL Enter Into a Strategic Partnership to Accelerate Development and Roll-Out of KitchenConnect® Digital Platform Solution in Global Commercial Foodservice Industry

Retrieved on: 
Wednesday, December 16, 2020
Retail, Restaurant, Bar, Technology, Mobile, Wireless, Software, Internet, Food, Beverage, BSE SENSEX, HCL Technologies, NIFTY 50, Economy of India, Business, HCL, Information technology

Welbilt, Inc. (NYSE:WBT), a leading global provider of commercial foodservice equipment, today announced that it has entered into a strategic partnership with HCL Technologies Ltd (HCL), a leading global technology company, to accelerate the development of Welbilts KitchenConnect digital platform and its roll-out to Welbilts customers.

Key Points: 
  • Welbilt, Inc. (NYSE:WBT), a leading global provider of commercial foodservice equipment, today announced that it has entered into a strategic partnership with HCL Technologies Ltd (HCL), a leading global technology company, to accelerate the development of Welbilts KitchenConnect digital platform and its roll-out to Welbilts customers.
  • As part of this multi-year partnership, HCL will develop and enhance the KitchenConnect solution architecture for improved scalability, security and functionality of the platform.
  • HCL team will also ensure any customization and maintenance support for all Welbilt customers thus ensuring superior customer experience.
  • We are excited by all the opportunities presented by our partnership with HCL, taking our KitchenConnect solution to a new level.

Chipscreen and HISUN reach a strategic cooperation

Retrieved on: 
Wednesday, December 16, 2020
BSE SENSEX, NIFTY 50, Sun Pharma, Medication, Life sciences, Draft:Zhejiang Hisun Pharmaceutical

SHENZHEN, China, Dec. 16, 2020 /PRNewswire/ -- On December 16, 2020, SHENZHEN CHIPSCREEN BIOSCIENCES CO., LTD. (hereinafter referred to as: CHIPSCREEN BIOSCIENCES) and ZHEJIANG HISUN PHARMACEUTICAL CO., LTD. (hereinafter referred to as: HISUN PHARMACEUTICAL) announced that they have reached a strategic cooperation.

Key Points: 
  • SHENZHEN, China, Dec. 16, 2020 /PRNewswire/ -- On December 16, 2020, SHENZHEN CHIPSCREEN BIOSCIENCES CO., LTD. (hereinafter referred to as: CHIPSCREEN BIOSCIENCES) and ZHEJIANG HISUN PHARMACEUTICAL CO., LTD. (hereinafter referred to as: HISUN PHARMACEUTICAL) announced that they have reached a strategic cooperation.
  • Shenzhen Chipscreen Biosciences Co., Ltd. (Chipscreen Biosciences, Stock Symbol: 688321.SH) was founded inShenzhenon 2001, specializing in the research and development of novel small molecule drugs.
  • HISUN PHARMACEUTICAL has developed into a "pharmaceutical industry group" composed of business including raw materials, preparations, biological drugs, innovative drugs, and commercial distribution.
  • HISUN PHARMACEUTICAL's R&D and drug development covers therapeutic fields including oncology, anti-infection, cardiovascular, endocrine, immunosuppression, anti-depression, and orthopedics.

TCS Named in Gartner's Market Guide for Retail Assortment Optimization Applications in Merchandising

Retrieved on: 
Tuesday, December 15, 2020
Service companies, BSE SENSEX, NIFTY 50, Tata Consultancy Services, Assortment, TCS, Information technology, Economy of India

NEW YORKand MUMBAI, India, Dec. 15, 2020 /PRNewswire/ -- Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that its award-winning AI-based merchandize optimization suite for retailers, TCS Optumera, has been named as a Representative Vendor in the Gartner Market Guide for Retail Assortment Optimization Applications in Merchandising1.

Key Points: 
  • NEW YORKand MUMBAI, India, Dec. 15, 2020 /PRNewswire/ -- Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that its award-winning AI-based merchandize optimization suite for retailers, TCS Optumera, has been named as a Representative Vendor in the Gartner Market Guide for Retail Assortment Optimization Applications in Merchandising1.
  • The guide has recognized TCS Optumera Assortment Optimization, Competitive Assortment and Fashion Assortment offerings.
  • TCS Optumera is an AI-powered retail optimization suite that reshapes retailers' decision making with self-learning and multi-dimensional concurrent optimization.
  • A sub-module, Competitive Assortment, uses a three-tier matching algorithm to provide retailers insights about gaps in their assortment, versus competition.