Infosys will be watched arm lands Canadian contract

Infosys announced that Infosys Public Services Inc. (IPS) received a CAD $80.3 million contract by Public Services and Procurement Canada (PSPC) to modernize and automate their procurement processes. IPS is working with Ernst & Young LLP (EY) and SAP Canada Inc. (SAP) to digitize PSPC procurement system through the implementation and management of a cloud-based electronic procurement solution. The announcement was made after market hours yesterday, 24 September 2018.

SBI Life Insurance Company announced that BNP Paribas Cardif SA may consider reducing its shareholding in the company to ensure compliance with minimum public shareholding requirements in accordance with applicable law. In this context, BNP Paribas Cardif has also confirmed that it is yet to make any firm decisions regarding the size, timing or nature of such potential reduction in their shareholding of the company. Accordingly, further updates will be provided in compliance with the applicable law. The announcement was made after market hours yesterday, 24 September 2018.

Mangalam Drugs & Organics said that it recently received the final approval from World Health Organization (WHO) for the drug Efavirenz. The announcement was made after market hours yesterday, 24 September 2018.

Dilip Buildcon said it was declared L-1 bidder for a new EPC project 'Navnera Barrage (Dam) under Phase 1/A', valued at Rs 601.02 crore by the Water Resource Department, Kota, Rajasthan. The announcement was made after market hours yesterday, 24 September 2018.

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