Company Profile

Hexaware Technologies has acquired Mobiquity Inc. for a total consideration of around $182 million. Mobiquity creates awesome digital products for some of the most well-known brands in the world, such as Amazon Web Services, Rabobank, Philips, Wawa, Backbase and Otsuka.

Trent is planning for raising funds through issue of equity shares or other securities including through rights issue or qualified institutions placement or debt issue or a preferential issue or any other permissible mode. The Board of Directors of the Company at its meeting to be held on June 18, 2019 to consider the same.

SRG Housing Finance has received refinance assistance from National Housing Bank of Rs 5 crore under refinance scheme and the Company has accepted the terms and conditions of the sanction letter.

US Food and Drug Administration (USFDA) has carried out inspection of Wockhardt’s Bioequivalence Centre located at R&D Centre in Aurangabad from June 10 to 12 2019. During the inspection Bioanalytical and Quality systems of Bioequivalence studies of Tamsulosin 0.4mg capsules and Metoprolol ER tablets were audited.

Infosys’ research arm -- Infosys Knowledge Institute (IKI) has unveiled a global research on cloud adoption in enterprises. The research titled, ‘Navigate Your Digital Transformation with Cloud’ reveals how enterprises are adopting cloud programs and identifying current and future cloud initiatives, both from strategic and implementation perspectives.

Tata Sponge Iron has received approval for issuance of 3.30 crore equity shares of face value of Rs 10 each, on a rights basis, not exceeding an amount of Rs 1,650 crore, in ratio of 15:7 i.e. 15 equity shares for every 7 equity shares held by eligible equity shareholders of the company as on the record i.e. June 25, 2019. The Board of Directors of the Company at its meeting held on June 13, 2019 has approved the same.

Bajaj Auto has entered into partnership with taxi-hailing service platform Uber to launch its new quadricycle, Bajaj Qute on UberXS for urban commuting. UberXS, a brand new category in the cab-hailing services platform, will initially offer Bajaj Qute exclusively in Bengaluru and will be seen on the app from June 13. The service will be available in Indiranagar, Koramangala, HSR Layout and parts of the outer ring road to begin with. UberXS will be priced in between UberGo and UberAuto.

Bajaj Auto has entered into partnership with taxi-hailing service platform Uber to launch its new quadricycle, Bajaj Qute on UberXS for urban commuting. UberXS, a brand new category in the cab-hailing services platform, will initially offer Bajaj Qute exclusively in Bengaluru and will be seen on the app from June 13. The service will be available in Indiranagar, Koramangala, HSR Layout and parts of the outer ring road to begin with. UberXS will be priced in between UberGo and UberAuto.

Launched in both petrol and CNG variant, Qute, weighing about 450 kg, is powered by a 216 cc four-valve water-cooled DTSi engine with closed loop fuel injection system resulting in higher fuel efficiency of 35 kmpl (petrol) and 43 km/kg (CNG).

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Bajaj Auto has registered a marginal rise of 3% in total sales to 419,235 units in May 2019 against 407,044 units in May 2018. The company’s total exports out of the above stood at 183,411 units, registering a marginal gain of 1% as compared to 182,419 units sold in the corresponding month last year.

The sales of the motorcycles increased by 7% and stood at 365,068 units in May 2019 under review against 342,595 units in May 2018. However, the company has reported 16% fall in commercial vehicles sales, which stood at 54,167 units as compared to 64,449 units in month of May 2018.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

KTM Industries AG and Bajaj Auto have decided to initiate a serial production project for Powered two wheeler (PTW) electric vehicles in the power range of 3 to 10 kW (48 volt) at the level of KTM AG. This platform will support different product variants - scooters, mopeds, small mopeds, under brands of both partners.

This further step in the field of electro mobility is a logical addition to the existing activities with PEXCO in the HUSQVARNA e-bike sector. The serial production will start at Bajaj's production site in Pune/India by 2022. The necessary development budget is covered in the medium-term plans.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bajaj Auto has informed about copy of the Press release issued by the KTM Industries AG on 2 June 2019, which is self-explanatory.

The above information is a part of company’s filings submitted to BSE.