WAMIL ,a wholly-owned subsidiary of Welspun India becomes operational

The Advanced Materials Project being set-up through Welspun Advanced Materials (India) Limited (“WAMIL”), a wholly owned subsidiary of the Company. In this regard, the company informed that WAMIL has commenced its operations with effect from March 12, 2022. WAMIL’s facilities at Telangana has installed capacity of 17,729 MTPA of Spunlace with estimated revenue of Rupees 370 Crore per annum at around full capacity utilisation.

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Tech Mahindra to acquire 100% stake in Thirdware Solutions Limited

The Company approved the proposal to acquire 100% equity shares in Thirdware Solutions Limited, ( https://www.thirdware.com/index.html ). Headquartered in Mumbai with more than 850 employees. For the financial year ending 31st March, 2021, Thirdware had revenue of INR 2,106.2 million. Thirdware delivers industry specific technological expertise through a range of services spanning business applications consulting, design, implementation and support Thirdware is a global player in Enterprise Applications focused in the areas of ERP, BIA, Cloud and business technologies. Thirdware offers consulting, design, implementing, and support of enterprise applications services with a focus on the Automotive industry. The entity being acquired belongs to IT Services Industry. The acquisition will bolster Tech Mahindra’s digital solutions and services in automotive consulting, design, development, and implementation in areas like ERP (Enterprise Resource Planning), EPM (Enterprise Perfo...

Inaugration of Orthopedic Centre of Excellence(SOCE) franchise in Ahmedabad

Shalby Multispeciality Hospitals celebrated its 28th anniversary with the launch of an orthopedics franchise in Ahmedabad.Shalby was founded by Dr Vikram Shah, world-renowned joint replacement surgeon and Chairman & Managing Director of Shalby Multispecialty Hospitals. Interestingly, this franchise which has been named as Shalby Orthopedics Centre of Excellence (SOCE), is opening at the same place where Dr Vikram Shah opened his first hospital way back in 1994 near Vijay Char Rasta in Navrangpura. He started with a joint replacement centre here and then forayed into establishing 11 multispecialty hospitals all across India. With that this hospital was also converted into a multispecialty hospital. With the launch of SOCE it is being converted from multispecialty into an orthopedics specialty centre which is owned and operated by Shalby Hospitals. While earlier it used to provide treatment for all specialties, now it will provide focused orthopedics services. ...

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