Siemens: A joint venture between TRIL Urban Transport Ltd, a Tata group company, and Siemens Project Ventures, a subsidiary of Siemens, will develop a subway corridor for the Pune Metro under the public-private partnership (PPP) route. The joint venture established a special purpose company called Pune IT City Metro Rail Limited.

Mahindra Logistics: third-party logistics solutions provider Mahindra Logistics Ltd (MLL) today announced the acquisition of Meru. Mahindra Logistics said today that the company has acquired 100% of Meru Mobility Tech Private Limited, V-Link Fleet Solutions Private Limited and V-Link Automotive Services Private Limited from Meru Travel Solutions Private Limited (MTSPL).

Axis Bank: Private lender Axis Bank said today that the Reserve Bank of India today approved the reappointment of Rajiv Anand as the bank’s vice president for a term until August 3, 2022. The bank’s board of directors approved the reappointment of Anand as deputy general manager at its meeting on October 27, 2021.

Paras Defence: Paras Defense has been selected by the Defense Research and Development Organization (DRDO) as one of the companies to hand over border surveillance system technology, the company notified the exchange today.

JSW Steel/ JSW Energy: The commercial group JSW Group launched a new green program for its employees on Monday, which will provide incentives for purchasing electric vehicles and provide special terms for free charging stations and independent office parking facilities. The company’s electric vehicle (EV) policy is consistent with India’s Nationally Determined Contributions (NDC) and the International Energy Agency’s (IEA) Sustainability Scenario (SDS), which will take effect for its national workforce on January 1, 2022.

TCS: Tata Sons Chairman N Chandrasekaran said today that the group’s future strategy will be based on four themes, namely digitalization, new energy, supply chain flexibility and health. Chandrasekaran said in a letter to employees that with the advent of the year, our group companies have been adapting to the above changes and we are witnessing stronger performance. “Our new pilots and businesses, from 5G to TataNeu and Tata Electronics, are ready to benefit from these four themes,” he added.

Complete News Source : mint