Infosys and Gen-i announce strategic partnership

Infosys has also acquired Gen-i’s Software Solutions practice and offered positions to its more than 110 employees, who will continue to be in Auckland, Wellington and Christchurch

Infosys and Gen-i has announced a strategic partnership that will create a new choice for Australasian enterprises seeking local expertise and commitment, as well as global best practices and capabilities in IT services including IT consulting, business transformation and cloud-based offerings.

The partnership creates a new market proposition for local businesses by helping them to transform for competitive advantage, with new ways to innovate, reduce costs and increase the effectiveness of their people, processes and technology.

As near-shore delivery from New Zealand for Australian clients and global delivery headed by local management are among the joint growth strategies planned, the partnership also has significant potential to further grow New Zealand-based technology jobs.  Infosys has also acquired Gen-i's Software Solutions practice and offered positions to its more than 110 employees and contractors, who will continue to be based in Auckland, Wellington and Christchurch. The employees invited to join Infosys-primarily senior developers, technical architects and consultants-will expand Infosys' New Zealand team to over 150 people, with immediate plans to hire an additional 15-30 people.  

The partnership will be undertaken by Infosys Australia & New Zealand, the Australasian arm of global technology services and consulting company, Infosys Technologies, and Gen-i, the corporate ICT arm of Telecom New Zealand.

On Wednesday, Infosys ended 0.71% down at Rs2,872.20 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.55% to 18,394.29.

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Tata Motors & Japan’s NEDO develop power generation facility in Pune

Tata Motors’ Pune plant was selected for the project by the Government of India, the Government of Japan and NEDO, to produce power through clean environment technology

Tata Motors and the New Energy and Industrial Technology Development Organization (NEDO), Japan, today inaugurated an environment-friendly dual-fuel based power generation facility in the Tata Motors' Pune plant.

Tata Motors' Pune plant was selected for the project by the Government of India, the Government of Japan and NEDO, to produce power through clean environment technology. To drive this project, a memorandum of understanding was signed between the Government of India, the Government of Japan, NEDO and Tata Motors.

Teams from Tata Motors and NEDO jointly worked on the project for two years. Two 2.5MW diesel electric power generators sets were identified for conversion into dual-fuel generators, using natural gas as the main fuel and diesel as the pilot fuel. The project has become successful for operating diesel generator sets on natural gas and light diesel oil.

The Tata Group has embarked on a journey to reduce its cumulative carbon footprint. Changing over from existing liquefied fuel to clean burning gaseous fuels will help in reducing 3,770 tonnes of carbon dioxide in a year, and is a step towards helping the Tata group reduce its carbon footprint.  

On Wednesday, Tata Motors ended 0.14% up at Rs1,028.40 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.55% to 18,394.29.

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ARSS Infrastructure wins two orders worth Rs207.46 crore from MP govt

The timeline for the completion of both the orders is 24 months each

Bhubaneswar-based ARSS Infrastructure Projects said that it has won two new work orders.

The first order is for re-construction of Manawar-Mangod (Bandheri) Road and Sardarpur-Rajgarh-Bagh Road: Package No.04 under MPSRP-III worth Rs117.70 crore. ARSS Infrastructure has won this contract from Madhya Pradesh Road Development Corporation Ltd (MPRDC).

The other order is for re-construction of Hata-Patera-Kumhari & Rajpura-Saliya-Bahuriband-Sehora Road: Package No.10 under MPSRP-III worth Rs89.75 crore from MPRDC.

The timeline for the completion of both the orders is 24 months each. Having bagged these orders, the total order book of the company is in tune of over Rs5,500 crore.

On Wednesday, ARSS Infra ended 1.76% down at Rs449.15 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.55% to 18,394.29.

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