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CMS INFOSYSTEMS
CMS wins Rs 1,000 crore SBI integrated cash solutions contract for 5,000 ATMsState Bank of India has awarded a significant Rs 1000 crore, 10-year contract to CMS Info Systems. This deal covers cash outsourcing for 5,...- Bengaluru heist: Three, including police constable, held in Rs 7.11 cr robbery casePolice have arrested three individuals, including a police constable, in connection with a massive Rs 7.11 crore robbery. The heist involve...
- CMS Infosystems bets on AI, targets 10% revenue share by FY27CMS Infosystems is aggressively expanding its AI-powered remote monitoring solutions, projecting AI to contribute 10% of revenues by FY27. ...
- Number of ATMs with ₹100 or ₹200 notes rises sharplyReserve Bank of India set a target. Banks must ensure 75% of ATMs dispense smaller notes by September 2025. Currently, banks reached 73% al...
- MFs buy large banks, NBFCs, select auto and pharma in FebAs flows into mid- and small-cap thematic funds moderated and valuations remained rich, fund managers were cautious in these segments. Camp...
- PE firm EQT sells residual 26.67% stake to exit CMSAccording to BSE bulk deal data, the shares were offloaded at ₹370.38 per share to various investors, including Nomura, Kotak Mutual Fund, ...
- Stocks in news: SBI, Canara Bank, CMS Infosystems, Paytm, Indian OilVijay Shekhar Sharma will be stepping down as part-time non-executive chairman and board member at Paytm Payments Bank as part of a board r...
- Cash withdrawals at ATMs rise 235% since 2016 demonetisationMaharashtra, Gujarat, Tamil Nadu, Karnataka and Uttar Pradesh together accounted for 43.1% of the total ATM cash replenished by CMS Info Sy...
- CMS Info Systems subscribed 19% on Day 1 so farCMS Info Systems has garnered mixed reviews from the brokerage, with the majority of analysts suggesting to subscribe to the issue. The iss...
- CMS Info Systems IPO opens: Should you subscribe?CMS Info Systems is selling its shares in the range of Rs 205-216 apiece. Investors can bid for a minimum of 69 shares and then in the mult...
- Retail consumers loosen purse strings in December, jewellery sees maximum spendingJewellery saw the biggest spends on CMS channels with a total value of ₹651 crore in the month of December, compared with ₹541 crore in Jan...
- Cash payment company CMS to offer cash at doorstep to senior citizensThe lockdown has inconvenienced the general public to meet their daily cash needs and restricted access to their own money in their salary ...
- RBI norms on fleet size, net worth harming cash logistics companies: CAPSIIn April, the Reserve Bank had set criteria for banks for outsourcing the services of cash management logistics.
- BabyonBoard raises undisclosed round of seed fundingSet up in October 2016 by Aditya Kulkarni and Rakesh Shivran, BabyOnBoard is a milestones and memories platform for families.
- Cash logistics firms emerge as the hero in times of distressIt does not help that banks have decided to prioritise disbursement of cash from the branch over ATMs. This slows down disbursement.
- Companies ferrying cash for banks caught in FDI policy tangleThe Department of Industrial Policy and Promotion (DIPP) had bracketed them as part of the logistics sector in which 100% FDI is allowed.
- PE firms investments pick up 80 per cent in first halfPrivate Equity firms invested about $4,046 million across 128 deals during the quarter ended June 2015, according to early data from Ventur...
- KPIT Cummins to acquire Systime Global SolutionsThe company will purchase these shares for Rs 103 cr. KPIT will acquire the remaining 50% of the equity and preference shares over a period...
- Kpit Cummins to buy 50% stake in Systime Global for Rs 103crIT firm Kpit Cummins Infosystems today said it will acquire 50 per cent stake in Systime Global Solutions for Rs 103 crore.
- CMS Info Systems bags Rs 300-cr order from BSNLCMS Info Systems has landed a 300 crore contract from BSNL on Tuesday to centralise the state-owned telecom company's billing system.
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