Latest News in Finance and Stock Market 13June2023

Infosys Finacle Suite to Drive Core Banking Transformation for Enhanced Financial Services

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys and Keytrade Bank, the first online bank in Belgium and part of Credit Mutuel Arkea, one of France’s largest banking group, Announced the bank’s decision to select Infosys Finacle as the preferred partner for the modernization of its core banking system.

The Infosys Finacle suite will replace Keytrade Bank’s legacy platform help the bank leapfrog its digital maturity, enabling it to innovate, operate, and engage with customers better performance.

Granules India Attains ANDA Approval for Metoprolol Succinate ER Tablets, Expanding its Pharmaceutical Portfolio

(US FDA) has approved its Abbreviated New Drug Application (ANDA) for Metoprolol Succinate Extended-Release Tablets USP, 25 mg, 50 mg, 100 mg and 200 mg. It is bioequivalent to the reference listed drug product (RLD), Toprol-XL Tablets, 25 mg, 50 mg, 100 mg and 200 mg, of Toprol Acquisition LLC.

Corporate Insolvency Resolution Process of Rolta India Limited

The 6th Meeting of Committee of Creditors (CoC) will be going to be held on 15th June, 2023 to inter-alia discuss the matters relating to Corporate Insolvency Resolution Process of Rolta India Limited (Corporate Debtor).

Maruti Suzuki  Jimny! NEXA launches the true blue off-roader Jimny (5-door) at INR 1,274,000

Cummins India Receives Certification for CPCB IV+ Emissions Standard Compliance, Accelerating its Mission of Powering a More Prosperous World

Cummins India Limited, one of the leading technology providers , announced that it had received various CPCB IV+ compliance certifications from the Automotive Research Association of India (ARAI). Dr. Reji Mathai, ARAI Director, presented the certificates to Dr. Pradheepram Ottikkutti, Head of Engineering, Cummins Group (India).

Ms. Shveta Arya, Business Head, Power Systems, Cummins India Limited, in a ceremony held at the ARAI headquarters in Pune. Senior officials from ARAI and Cummins India were present during the ceremony. The certification is for various range of genset products.

Certifications awarded by ARAI reaffirms the readiness of Cummins to provide its customers with various CPCB IV+ emission norms compliant gensets, effective July 1, 2023, when the new regulations will come into effect.

Skytek Pty Ltd TRUSTS Ramco Aviation

Global enterprise aviation software provider Ramco Systems announced that it will implement its Aviation Suite V5.9 for Skytek Pty Ltd, a specialist aviation-engineering services provider with over 20 years of experience in Australia, Papua New Guinea, Indonesia, Malaysia and Myanmar. Ramco’s Aviation Suite will integrate and automate various operations at Skytek, empowering them with a modern solution to support their business growth.

With modules covering Engineering & CAMO, Maintenance, Supply Chain, MRO & Part Sales, Employee Management, Finance & Accounting, Compliance Reporting and Journey Log Entries, Ramco’s Aviation Suite will provide Skytek with a next-gen digital platform that offers a single source of truth. The solution will also help Skytek optimize their turnaround times for quotations, order processing and customer engagements.

In addition, with its digital enablers like HUBs and workflows, Ramco will help Skytek improve productivity and enhance process efficiencies.

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