By Malvika Gurung
Investing.com -- Data Patterns (NS:DATP): The defence sector solutions provider will get listed on the Indian exchanges on Dec 24, with an issue price fixed at Rs 585/share.
Tata Consultancy (NS:TCS) Services: The oldest private non-life Swiss insurance company La Mobilière selected the Indian IT giant to partner with, for accelerating its digital transformation agenda.
L&T (NS:LART) Finance Holdings: The mutual fund business of the NBFC company, L&T Mutual Fund will be acquired by the foreign lender HSBC Asset Management for $425 million or approximately Rs 3,192 crore, for expanding its franchise in the growing market of India.
Indian Oil (NS:IOC) Corporation: The state-owned oil refiner will set up a new crude oil pipeline system with a nameplate capacity of 17.5 mmtpa from Mundra to Panipat (Gujarat to Haryana).
Interglobe Aviation Ltd (NS:INGL): The company appointed the former Emirates executive Neetan Chopra as its chief digital and information officer, who will officially take over the position on Jan 3.
Ashok Leyland (NS:ASOK): The truck and bus maker introduced a new truck range, the AVTR 3120, making it the sole player in the country to have a full range of dual tyre lift axle (DTLA) trucks.
Mphasis (NS:MBFL): The subsidiary of the IT company, Mphasis Consulting, UK has partnered with Ardonagh to set up a shared services entity for serving middle and back-office functions. For this, Mphasis has acquired a stake of 51% in the joint entity Mrald.