Infosys will be watched. Calix announced a strategic multi-year partnership with Infosys, that will accelerate communications service provider (CSP) adoption of AXOS, its Software Defined Access (SDA) Platform. Calix and Infosys will jointly invest to co-create new services and value-added offerings on the award winning AXOS platform. The announcement was made after market hours yesterday, 10 April 2018.
By reducing time-to-market for new AXOS capabilities and greatly broadening AXOS offerings, the partnership will enable service providers to accelerate deployments of next generation access networks that will dramatically reduce their operating cost and enable them to deploy new services at a rapid pace.
Lemon Tree Hotels said that the company's wholly owned subsidiary Carnation Hotels has executed a Hotel Operating Agreement for operating and managing the property of 120 rooms at Vijayawada, Andhra Pradesh under the company's brand Lemon Tree Premier. The hotel is expected to be operational by March 2021. The announcement was made after market hours yesterday, 10 April 2018.
IFCI has changed its Short Term Benchmark Rate (IBR-ST) from 8.80% per annum (p.a.) to 9% p.a. with monthly rests with effect from 12 April 2018. The IFCI Benchmark Rate for other than Short Term Loans continues to remain unchanged at 10.20% p.a. with monthly rests. The announcement was made after market hours yesterday, 10 April 2018.
Himachal Futuristic Communications said that the company has bagged advance purchase order for Rs 579 crore approx from Bharat Sanchar Nigam (BSNL) for building 2G global system for mobile (GSM) base service set (BSS) network in Assam. The announcement was made after market hours yesterday, 10 April 2018.
Star Cement said that the company alongwith its subsidiaries have received Rs 80.26 crore towards subsidies claim from the Central Government and this amount shall be utilized towards pre-payment of loans. The announcement was made after market hours yesterday, 10 April 2018.
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