Birlasoft Achieves AWS Manufacturing and Industrial Consulting Competency Status

  • calendar25 Sept, 03:43 AM (GMT+5:30)
  • time3 Min
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Summary

Birlasoft, announced on September 25, that it has gained the Amazon Web Services Manufacturing and Industrial Consulting Competency status. This recognition highlights Birlasoft's expertise in delivering transformative digital solutions within the manufacturing and industrial sectors.

Birlasoft Achieves AWS Manufacturing and Industrial Consulting Competency Status

Key Takeaways from Birlasoft’s Achievement:

  • IT consulting and services organisation Birlasoft on 25 September announced that it has achieved the AWS Manufacturing and Industrial Consulting Competency status.
  • It emphasises the capability of Birlasoft to deliver transformational digital solutions for manufacturing and industrial industries.
  • Being an Advanced Tier Services Partner for AWS places a specific focus on the technical aspect and excellence in cloud-based solutions.
  • The program aids in identifying partners whose industry expertise is scalable, flexible, and cost-effective for customers.
  • In Birlasoft solutions, engineering and design, smart manufacturing, supply chain management, and sustainability are included.

As an AWS Advanced Tier Services Partner, Birlasoft commits to a high level of technical expertise combined with professional service excellence in cloud-based solutions. 

Chief Operating Officer at Birlasoft, Selvakumaran Mannappan, said on the development, "We are pleased to have achieved the AWS Competency in Manufacturing and Industrial Consulting, our second Competency from AWS.”

“Our cloud-based platforms and microservices-enabled architecture, supported by over 4,000 AWS proficient consultants and 30+ proprietary assets, are enabling our customers to achieve substantial improvements in performance, cost efficiency, and operational excellence,” added Mannappan.

The AWS Competency Program serves to help customers identify partners with deep industry expertise so that scalable, flexible, and cost-effective solutions can be delivered to organisations of all sizes. 

Birlasoft is also an AWS Manufacturing and Industrial Competency Partner offering solutions in the breadth of Engineering and Design, Smart Manufacturing, Supply Chain Management, Sustainability, and beyond.

About Birlasoft Limited:

Birlasoft Limited is a global leader in Cloud, AI, and Digital technologies. Coupled with industry knowledge and enterprise solutions, the company works on a consultative and design-focused approach to helping businesses improve efficiency and productivity around the world. Birlasoft, led by Chairman Mrs. Amita Birla, has over 12,000 professionals dedicated to driving digital transformation. Being richly experienced in specific industries, the company delivers advanced technology solutions that add towards building sustainable communities.

About CK Birla Group:

CK Birla Group is an Indian multinational company, and it posted revenues of around $3 billion with over 35,000 employees. It has 52 manufacturing units spread across India and other countries and is present in diverse business streams, such as technology, automotive, home and building, and healthcare. The firm looks to create long-term value through trust-based relationships with its customers, partners, and communities and engages in philanthropy. In the last 70 years, the family has built trusts and foundations for social development and healthcare, gifting science, technology, education, art, and culture to society. Companies owned by the group are Birlasoft, HIL Limited, Orient Electric, CK Birla Healthcare, GMMCO, NBC Bearings, Orient Cement, Orient Paper, AVTEC, and Neosym Industries.

About Amazon Web Services India Private Limited:

Since its launch in 2006, Amazon Web Services India Private Limited has provided prime cloud technologies that assist organisations and individuals in developing solutions to improve industries, communities, and lives. As an Amazon company, AWS focuses on being the most customer-centric company on Earth. This they achieve by being informed about the challenges of their customers in providing cloud infrastructure serving their needs, enabling constant innovation, and pushing the boundaries of what's possible. Whether an entrepreneur with a new venture, an established company looking to reinvent itself, a not-for-profit continuing to advance its mission, or a government looking to serve its citizens, customers trust AWS to achieve their goals, implement their ideas, and store and protect their data.

Source - NSE

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Cipla to Acquire Full Ownership of Cipla Jiangsu, Strengthening Its Presence in China

  • calendar25 Sept, 04:53 AM (GMT+5:30)
  • time2 Min
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Summary

Cipla Limited announced on Wednesday, September 25 that its wholly owned subsidiary, Cipla (EU) Limited, has entered into a definitive agreement to acquire the remaining 6.9124% equity interest in Cipla (Jiangsu) Pharmaceuticals Co., Ltd.

Cipla to Acquire Full Ownership of Cipla Jiangsu, Strengthening Its Presence in China

Key Takeaways from the Acquisition

  • Cipla will acquire 6.9124% of Cipla Jiangsu, making it a wholly-owned subsidiary.
  • The deal is valued at RMB 35,849,118.
  • The acquisition is expected to be completed by November 15, 2024.

Cipla (Jiangsu) Pharmaceuticals Co., Ltd., established in 2019 as a joint venture, specializes in manufacturing and distributing pharmaceutical products, with a focus on inhalation results. Before the acquisition, Cipla (EU) Limited held 93.0876% equity in Cipla Jiangsu, while Jiangsu Xidi Pharmaceuticals owned 6.9124%. Cipla has now agreed to purchase the remaining shares for RMB 35,849,118 in cash, making Cipla Jiangsu a fully owned subsidiary of Cipla (EU) Limited.

The acquisition is classified as a related party transaction, carried out following the existing joint venture agreement between Cipla and Jiangsu Xidi. It will be conducted on an arm’s length basis, with no additional involvement from Cipla’s promoter group.

The transaction is subject to regulatory approvals from Chinese authorities as well as compliance with all applicable laws. The process is expected to conclude by November 15, 2024.

The acquisition is expected to provide Cipla with full control over Cipla Jiangsu’s operations, strengthening its footprint in the Chinese pharmaceutical market.

About Cipla Limited

Cipla is a leading pharmaceutical company, ranked as the 3rd largest in India’s domestic prescription (Rx) market. It holds leadership positions in generics (Gx) and respiratory therapies and ranks among the top five in urology and anti-infectives. The company also has a strong digital presence with over 500,000 downloads for its "Breathe Free" app and a field force of over 7,500 representatives, 85% of whom regularly prescribe Cipla products. Cipla is the 3rd largest player in the private Rx market in SAGA (South Africa, Sub-Saharan Africa, and Global Access) and is the fastest-growing generic player in North America.

Cipla boasts a diversified portfolio with over 1,500 products in more than 50 dosage forms, covering 65 therapeutic categories. In FY22 alone, the company launched 93 products globally.

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Greenlam Industries Incorporates New Subsidiary in Bangladesh

  • calendar25 Sept, 03:56 AM (GMT+5:30)
  • time2 Min
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Summary

Greenlam Industries Limited, a leading player in high-pressure laminates and wood-based products, announced on Wednesday, September 25 the incorporation of a new subsidiary in Bangladesh, named Greenlam Overseas Bengal Limited.

Greenlam Industries Incorporates New Subsidiary in Bangladesh

Key Takeaways from the Announcement

  • Greenlam Industries has established a new subsidiary in Bangladesh, Greenlam Overseas Bengal Limited.
  • The subsidiary will operate in the distribution and wholesale of high-pressure laminates and wood-based products.
  • Greenlam Industries holds a 99.9% stake, having invested BDT 4,99,800 in 4,998 ordinary shares.
  • The incorporation of this subsidiary strengthens Greenlam’s regional presence in Bangladesh.

As per a stock exchange filing, Greenlam Industries holds a 99.9% share in the new subsidiary, which was incorporated with an authorised share capital of BDT 2 crore and an initial subscribed capital of BDT 5 lakh. The subsidiary will act as a distributor and wholesaler of high-pressure laminates and other related products, further expanding Greenlam's presence in the South Asian market.

This move aligns with Greenlam's core business strategy and will help enhance its distribution network for wood-based products in Bangladesh.

About Greenlam Industries

Greenlam Industries is a leading manufacturer of laminates, decorative veneers, and allied products. With two manufacturing facilities in Behror (Rajasthan) and Nalagarh (Himachal Pradesh), the company operates through a vast distribution network comprising nine regional distribution centres, 21 branch offices, and five warehouses. Greenlam's products are available in over 100 countries, supported by three international distribution centres, 14 overseas offices, and five operational subsidiaries. Its wide-reaching network includes over 14,000 distributors, dealers, and retailers, with a diverse team of 100+ multicultural employees.

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Zen Technologies Unveils Remote-Controlled Weapon and Surveillance Systems to Strengthen India's Defence Capabilities

  • calendar25 Sept, 03:38 AM (GMT+5:30)
  • time3 Min
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Summary

Zen Technologies Limited, a leader in anti-drone technology and defence training solutions, announced on Wednesday, September 25, that it has launched four cutting-edge remote-controlled weapon and surveillance systems in partnership with its subsidiary, AI Turing Technologies.

Zen Technologies Unveils Remote-Controlled Weapon and Surveillance Systems to Strengthen India's Defence Capabilities

Key Takeaways from the Launch

  • Zen Technologies, in collaboration with AI Turing Technologies, has launched four advanced remote-controlled weapon and surveillance systems. 
  • The newly unveiled systems are designed for use across land, sea, and air, strengthening India’s operational efficiency in multiple defence sectors.
  • The systems, including Parashu, Fanish, Sharur, and Durgam, reflect Zen’s commitment to India’s ‘Aatmanirbhar Bharat’ initiative by offering homegrown, IP-owned solutions for defence modernisation.

These innovations are set to transform India’s defence capabilities across land, sea, and air by integrating advanced technologies that enhance operational efficiency.

According to a stock exchange filing, the RCWS - 7.62 x 51 MMG (Parashu) is a versatile weapon system optimised for both vehicles and ships, equipped with advanced thermal imaging and anti-drone features, making it an essential tool for rapid-response missions. Fanish, a tank-mounted RCWS 12.7 x 108 HMG, enhances firepower for tanks like the T-72 and T-90, ensuring precision in extreme conditions through sophisticated targeting technology. For naval defence, Sharur provides superior accuracy in low-visibility conditions, engaging surface and aerial threats with its robust stabilisation system. Lastly, the Artillery Rugged Camera (Durgam) offers all-weather surveillance with day/night vision, ideal for use in high-threat zones and extreme environments, providing real-time threat detection.

These systems underscore Zen Technologies’ commitment to the ‘Aatmanirbhar Bharat’ initiative by providing indigenous, IP-owned defence solutions, advancing India’s defence modernisation across various platforms, the company said in the filing.

This launch further solidifies Zen's position as a key player in India’s defence sector, building on its previous successes with systems like Hawkeye and Prahasta.

Commenting on the launches, Ashok Atluri, Chairman and Managing Director of Zen Technologies, said: “At Zen, we, along with our associate companies are dedicated to designing and developing cutting-edge technology to enhance both national defence and global security. Our new range of remote-controlled weapons and surveillance systems are designed to equip armed forces with advanced tools that significantly boost operational capabilities while taking our soldiers out of harm’s way giving our forces extraordinary tactical superiority. This launch underscores our commitment to position India as a global leader in certain technologies of defence industry.” 

About Zen Technologies Limited

Zen Technologies, founded in 1996, creates combat training systems and anti-drone solutions for defence and security forces. The company focuses on developing technology within India, benefiting the country’s armed forces, police, and paramilitary units. Zen Technologies is based in Hyderabad, India, with additional offices in the UAE and the USA.

Source - NSE

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