Infosys: IT major, Infosys Limited has launched a joint Center of Excellence with PTC, a global software company that delivers a technology platform and solutions, at the Infosys campus in Bengaluru. This Center of Excellence will build on Infosys’ Industry 4.0 thought leadership, deep knowledge of traditional product engineering and industry domains.
Reliance: Reliance Industries has agreed to subscribe to a 5 percent equity stake in New York Stock Exchange listed Eros International PLC at a price of USD 15 per share, which represents an 18 percent premium to last closing price. Reliance Industries and Eros International will equally invest upto Rs 1000 crore in aggregate to produce and acquire Indian films and digital originals across all languages.
Dilip Buildcon: The Company bagged order worth Rs. 380 crore from National Highways Authority of India in Karnataka. Stock up 2 percent at Rs. 934.15 in morning trade.
Bank of Baroda: The bank of Baroda has exposure of Rs.456.60 crore to Rotomac Global Pvt Limited under consortium arrangement with six other banks. The account was declared NPA by the bank on October 3, 2015 and has been 100% provided for, as per its filing to stock exchanges. Shares of Bank of Baroda plunges 2% on Wednesday morning.