Infosys, a global leader in next generation digital services and consulting, today announced a strategic long-term partnership with K+S AG, the world’s largest salt manufacturer and Europe’s biggest supplier of Potash, to support its ‘Shaping 2030 Strategy’ - by preparing an agile and flexible IT infrastructure foundation to enable their digital roadmap.

Newgen Software, a global provider of low code automation platform managing content, processes and communication, announced today that US Patent Office has issued a patent for its mark detection system and methodology (US Pat No. 10579896). The mark detection system is used to identify marks, like tick and cross marks on document images.

Zydus Cadila announced that it has received an approval from Drug Controller General of India (DCGI) in order to initiate Phase 1 clinical trials for its Investigational New Drug (IND) ZYBK2.

On Tuesday, Intense Technologies informed the bourses that it had won a large deal for digitalising mission-critical citizen services in India in partnership with a large System Integrator (SI). The project is aimed at increasing the digital adoption of critical services amongst citizens of India by making services accessible across multiple devices.

The stock market crashed, read most of the headlines last week, after the spread of the coronavirus in major countries including Iran, Italy, Japan, South Korea, and the United States. Check the confirmed cases, death and recovery cases worldwide.

The benchmark indices rebounded and closed today’s trading session with flying colours. S&P BSE Sensex jumped 479 points to close at 38,623.70 levels, up by 1.26 points while, Nifty ended at 11,303.30 levels, up by 1.53 per cent.

Bank of Maharashtra, a major public sector bank in India, informed today that they are planning to raise capital through the issuance of bonds on a private placement basis.

A complete bloodbath was witnessed in the final week of the month which dragged frontline gauges below their crucial 11,250 (Nifty) and 38,300 (Sensex) levels, as Coronavirus pandemic fear intensified. 

L&T Construction announced that its power transmission and distribution business has received a new order in India as well as overseas. Reacting to the news, the stock of Larsen & Toubro was trading in positive during Tuesday’s early morning trading session.

Information technology consulting company, Infosys Limited and International Business Machines (IBM) Corporation have collaborated for helping enterprises in boosting their digital transformation journey with the help of IBM cloud.