Thursday, Jun 4 2020 | Time 14:39 Hrs(IST)
  • Mah: Sangli reports four new COVID-19 cases
  • World Athletics unveils four-year strategic plan upon reopening of its headquarters
  • 188 in Corona embrace in Haryana, tally 3128
  • PM condoles demise of Basu Chatterjee
  • Nalvadi Krishnadatta Wadiyar's tenure was golden era- Yaduveer
  • Tokyo Governor Yuriko says Games could be streamlined
  • India adopted draconian lockdown, it flattened GDP curve instead of COVID-19: Rajiv Bajaj
  • 7-member Central team visits cyclone Amphan hit areas in Odisha to assess damages
  • Bukhari welcomes revocation of PSA against Shah Faesal, demands release of Mehbooba, Sagar, Naeem
  • Assam COVID tally reaches 1877
  • EESL and GAIL sign a MoU for Trigeneration projects
  • Smriti hits out at Rahul Gandhi over elephant killing incident in Kerala
  • Central team to visit Bengal on Thursday to study Amphan damages
  • Chhattisgarh registers 52 new COVID-19 patients, active cases increase to 489
  • Covid-19: Quarantine rules set to change: Minister
Business Economy


Inditrade Capital gets nod to acquire additional stake in JRG Fincorp

Mumbai, May 19 (UNI) Inditrade Capital said that it has received approval for acquisition of additional equity shares in its material subsidiary RG Fincorp, of up to 10 per cent of paid up capital, for an amount not exceeding Rs 24 crore, within a period of next 12 months.
The meeting of the Board of Directors of the company held on May 18, 2018, has approved the same, the company said in a filing with BSE.
The board has also approved investment in its wholly-owned subsidiary Inditrade Housing Finance, by way of subscription to the equity shares of the company for an amount of up to Rs 11 crore.
Inditrade Capital (formerly known as JRG Securities) is engaged in equity and commodity broking businesses, with strong presence in South India.
UNI JS RJ 1432
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IBM Services Collaborates with Lotte Card to Adopt A Hybrid Cloud Strategy To Help Transform Core Financial Accounting Systems

04 Jun 2020 | 2:26 PM

ARMONK, New York, June 4, 2020 /PRNewswire/ -- IBM (NYSE: IBM) announced today that the Korean credit card company, Lotte Card, which services a wide network of retailers including department stores, hypermarkets and cinemas, is collaborating with IBM Services to transition its entire enterprise system, including mission critical and core financial accounting systems, to a hybrid cloud environment. By using cloud native technology from IBM and Red Hat Openshift to migrate its core business applications to a managed private cloud, Lotte Card aims to achieve greater visibility, scalability, security and speed while reducing costs, risk and complexity to its IT infrastructure so it can deliver innovative services to its clients.

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Innovitis AI Platform Sparcs to Provide Customers an X-ray View Into Payment Operations

04 Jun 2020 | 2:25 PM

BENGALURU, June 4, 2020 /PRNewswire/ -- Provider of intelligent payment systems, Innoviti Payment Solutions, announced today the introduction of Sparcs, an AI/ML based platform, that can help customers get an X-ray view into their payment operations being managed by Innoviti.

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Rupee down by 11 paise against USD

04 Jun 2020 | 2:21 PM

Mumbai, Jun 4 (UNI) The Rupee on Thursday further slipped by 11 paise to close at 75.57 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at Forex Market said.

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EESL and GAIL sign a MoU for Trigeneration projects

04 Jun 2020 | 1:52 PM

Kolkata, Jun 4 (UNI) GAIL (India) Limited and Energy Efficiency Services Limited (EESL) has signed a joint Memorandum of Understanding (MoU) for cooperation in development of Trigeneration projects in India.

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UST Global names to list of Everest Group's PeaK Matrix Top 20 IT service providers

04 Jun 2020 | 1:40 PM

Thiruvananthapuram, Jun 4 (UNI) UST Global, a leading digital transformation solutions company, announced that it has been named to the list of the Everest Group’s PEAK Matrix Top 20 IT Service Providers of the Year 2020.

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