DSIJ Mindshare

This acquisition would help Tanla Solutions become a global leader in business cloud communications. The deal is expected to close by October 2018 and is subject to approval from Tanla’s shareholders and regulators, if any.

The Board of Directors of Infosys have accepted the resignation of M. D. Ranganath, the Chief Financial Officer of the company. The stock of Infy has taken a hit from this news and was trading at Rs. 1,401 per share, down by over 2 per cent, at10:33 hours on Monday.

Ratnamani Metals & Tubes has received two new orders for supply of CS Pipes from the Oil & Gas sector. Following the development, the stock was quoting Rs. 869.65 per share, up by 1.08 per cent, at 11:46 am on Monday.

Taking cue from Fitch Ratings' commentary on the Indian economy, the benchmark indices BSE Sensex and Nifty50 are charting all-time highs. The BSE Sensex was at 38,224.93, up by 277.05 points or 0.73 per cent, while Nifty50 was comfortably trading at 11,537.10, up by 66.35 points or 0.58 per cent at 10:30 am, on Monday.

All commercial banks levy a plethora of charges for providing various kinds of services to the customers. However, the customers may not even be aware of these charges unless they check up their bank accounts regularly.