TCS win contract to establish data centre for Karnataka government

IT service provider Tata Consultancy Services (TCS) said it won a contract to establish and manage a state data centre (SDC) for the Karnataka government. No financial details were provided.

TCS will assist the Karnataka government in establishing an efficient SDC. The new SDC would provide better operation and management control and minimise overall cost of data management, IT resource management, deployment and other costs, TCS said in a regulatory filing.

On Monday, TCS shares ended 0.5% down at Rs927 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.4% up at 20,117 points.

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KPIT Cummins unit to acquire CPG Solutions for $13.2 million

KPIT Cummins Infosystems Ltd said its unit KPIT Cummins Infosystems will acquire US-based CPG Solutions for $13.2 million.

On Monday, KPIT Cummins shares ended 0.7% down at Rs172 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.4% up at 20,117 points.

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DQE appoints Plus Licens as licensing representatives for Jungle Book

DQ Entertainment (International) Ltd said it appointed Plus Licens AB, one of Sweden's licensing and merchandising agents, as its licensing representatives for 'The Jungle Book'.

According to the agreement, Plus Licens will represent DQE on the commercial exploitation of all The Jungle Book merchandising and publishing agreements in several countries, the company said in a statement.

The agreement is commercially significant to DQE with estimated potential revenue in excess of a million dollars for the license term as estimated by Plus Licens. Plus Licens will market The Jungle Book merchandise and books early next year. 

Plus Licens is the largest licensing company in Eastern Europe and the Nordic countries, DQE said in a regulatory filing. 

On Monday, DQE shares gained 0.1% to Rs110 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.4% up at 20,117 points.

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