Trending Stock: These stocks including Aditya Birla Capital gained momentum today – 3 trending stocks to watch out for today
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Tata Elxsi: Tata Elxsi has teamed up with Cultos Global to create a new driver rewards program by fusing the Cultos Global blockchain mechanism with its Tether Connected Vehicle platform. The program is designed to track driver behavior using analytics connected to a cloud-first tether-connected vehicle platform. Enhanced with ADAS and driver monitoring features. It is a high trust and high privacy blockchain model.
Mphasis: Mphasis Consulting, a wholly owned subsidiary of Mphasis, has entered into an agreement to acquire 100 per cent stake in EBECS, a wholly owned subsidiary of DXC UK International Operations. The service provider of EBECS offers Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Mobile, Field Service, Data Analytics, Business Intelligence (BI), Internet of Things (IoT) and Cloud and Management Services.
Aditya Birla Capital: On June 2, Aditya Birla Capital (ABCL) saw a gain of around 2.6% following an announcement by one of its subsidiaries. Grasim Industries and holding firm Surya Kiran Investments, parent businesses of ABCL, opted to invest Rs 1,000 crore and Rs 250 crore, respectively, the company said in a statement on June 1. It rose 2.59% from its previous close to hit a 52-week high of Rs 176.55 on the BSE. Out of the overall permitted equity funding of up to Rs 3,000 crore, the business said on June 1 that its board infused equity worth Rs 1,250 crore to its promoter and promoter group entity at a share price of Rs 165.10.
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