Voltas in focus after clarification

Voltas will be watched. With reference to news item captioned, "Tata Sons looking to divest 9% stake in company.", Voltas clarified after market hours yesterday, 26 June 2018, that it is not aware of any such development and is therefore not in a position to offer any comments on the same. The company is also not in a position to comment on the drop of Voltas share price on 26 June 2018. Voltas confirmed that no such proposal has been discussed by the board of directors of the firm in this regard.

Infosys will be watched. Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys, and Santander UK, a leading financial services provider in the UK, announced the launch of a new inter-bank cash management system for its corporate customers. To enhance the user experience, Santander will introduce an inter-bank cash management portal to provide its corporate customers a fully-integrated solution with resilient, secure cash management services accessible through any device of their choice. This will enable greater personalization options and the ability to rapidly introduce new product innovations for customers. Santander will utilize Finacle's proven digital offering which includes Finacle Online Banking, Omnichannel Hub, Payment Solution and Liquidity Management Solution to help achieve this, and to better support its customers. The announcement was made at the fag end of the trading session yesterday, 26 June 2018.

Tata Communications said it has established a Point of Presence (PoP) at the EdgeConneX Portland Edge Data Center (EDC). EdgeConneX specialises in global data center solutions at the edge of the network. The presence provides interconnection to Tata Communications' carrier-grade IP transit service. The EdgeConneX Portland EDC houses a robust Internet ecosystem that offers native connectivity to Amazon Web Services (AWS) Direct Connect, as well as cloud onramps to other major cloud providers such as Microsoft Azure and Oracle Cloud. The Portland facility's cloud ecosystem also provides EdgeConneX customers with the latest services for digital infrastructure monitoring and performance measurement, and managed services solutions. The announcement was made after market hours yesterday, 26 June 2018.

Majesco announced that American Capital Assurance Corporation went live with the Majesco P&C Core Suite, inclusive of policy, billing, and claims. American Capital Assurance Company ("AmCap Insurance"), owned by AmCap Holdings, LLC offers commercial residential property insurance on an admitted basis, headquartered in St. Petersburg, Florida. They provide coverage for condominium, homeowner associations, and townhome owner associations. Implementation of the Majesco P&C Core Suite will enable AmCap Insurance to manage their business self-sufficiently, rather than outsourced to an external provider. The announcement was made after market hours yesterday, 26 June 2018.

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