NCLT

LTI and Mindtree to Start Operating as a Merged Entity From November 14, 2022

Retrieved on: 
Monday, November 14, 2022

LTIMindtree will thus become the fifth largest IT services company in India in terms of current market capitalization.

Key Points: 
  • LTIMindtree will thus become the fifth largest IT services company in India in terms of current market capitalization.
  • The Effective Date for the company to start operating as one entity is November 14, 2022.
  • As part of the merger, all shareholders of Mindtree will be issued shares of LTI in the ratio of 73 shares of LTI for every 100 shares of Mindtree.
  • The Record Date to determine the eligible shareholders of Mindtree for issue of equity shares of LTI pursuant to the scheme is fixed as November 24, 2022.

Jalan-Kalrock Consortium Selects IBS Software to Power Passenger Service, Booking, and Loyalty Systems for Jet Airways

Retrieved on: 
Friday, August 5, 2022

DUBAI, UAE, Aug. 5, 2022 /PRNewswire/ -- The Jalan-Kalrock Consortium has selected IBS Software to power the relaunch of Jet Airways.

Key Points: 
  • DUBAI, UAE, Aug. 5, 2022 /PRNewswire/ -- The Jalan-Kalrock Consortium has selected IBS Software to power the relaunch of Jet Airways.
  • This selection will provide a range of technology platforms to support Jet Airways' relaunch as a people-focused airline for the digital age.
  • "Jet Airways is coming back determined to take technology, services, and customer experience to a new level.
  • IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management.

Jalan-Kalrock Consortium Selects IBS Software to Power Passenger Service, Booking, and Loyalty Systems for Jet Airways

Retrieved on: 
Friday, August 5, 2022

DUBAI, UAE, Aug. 5, 2022 /PRNewswire/ -- The Jalan-Kalrock Consortium has selected IBS Software to power the relaunch of Jet Airways.

Key Points: 
  • DUBAI, UAE, Aug. 5, 2022 /PRNewswire/ -- The Jalan-Kalrock Consortium has selected IBS Software to power the relaunch of Jet Airways.
  • This selection will provide a range of technology platforms to support Jet Airways' relaunch as a people-focused airline for the digital age.
  • "Jet Airways is coming back determined to take technology, services, and customer experience to a new level.
  • IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management.

Hughes and Airtel Form Joint Venture to Provide Satellite Broadband Services in India

Retrieved on: 
Wednesday, January 5, 2022

NEW DELHI and GERMANTOWN, Md., Jan. 4, 2022 /PRNewswire/ --Hughes Communications India Pvt Ltd, (HCIPL), a majority-owned subsidiary of Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and Bharti Airtel Limited ("Airtel"), India's premier communications solution provider, today announced the formation of a joint venture to provide satellite broadband services in India.

Key Points: 
  • NEW DELHI and GERMANTOWN, Md., Jan. 4, 2022 /PRNewswire/ --Hughes Communications India Pvt Ltd, (HCIPL), a majority-owned subsidiary of Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and Bharti Airtel Limited ("Airtel"), India's premier communications solution provider, today announced the formation of a joint venture to provide satellite broadband services in India.
  • With the combined capabilities of Airtel and Hughes, customers will get access to next generation satellite connectivity backed by proven enterprise grade security and service support."
  • HCIPL is a majority owned subsidiary of Hughes Network Systems, LLC (HUGHES), the leading global provider of broadband satellite networks and services.
  • Hughes supplies more than half the global satellite terminal market to leading satellite operators, in-flight service providers, mobile network operators and military customers.