Infosys in focus

Infosys announced that it has joined the Qualcomm Smart Cities Accelerator Program to offer end-to-end solutions for smart stadiums, smart venues and smart event management. This program is designed to connect cities, municipalities, government agencies, and enterprises with Qualcomm Technologies' ecosystem to help deliver greater efficiencies, cost savings, and broad access to solutions for smart cities' problems today.

ABB India board approved the proposal to sell solar inverter business to Marici Solar India, for Rs 100.6 crore. In 2019 the solar inverter business had a turnover of Rs 664 crore which is approximately 9% of the total turnover of the company.

Narayana Hrudayalaya (NHL) informed that Karnataka Chinmaya Seva Trust has indicated its desire to operate Chinmaya Narayana Superspeciality Centre in Chinmaya Mission Hospital, Bangalore on its own and expressed its intent not to renew the contract on its expiry on 31 March 2020. NHL has agreed to the non-extension of the contract and the operations will be stopped from 1 April 2020.

Zydus Cadila and XOMA Corporation announced agreement to advance an IL-2-based immuno-oncology (lO) drug candidate that combines Zydus' fL-2 with XOMA's novel anti-lL-2 monoclonal antibody.

Muthoot Finance will consider and approve fund raising on 17 March 2020.

Wonderla Holidays said that the company has decided to temporarily close Kochi park from 11 March to 20 March, 2020 in view of the emerging situation in the State of Kerala, consequent to the reported coronavirus cases.

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