Corporate Developments: Infosys, BLS International, and Reliance Power in Focus
BLS International Services faces a two-year ban from new Indian Mission tenders, though existing contracts remain unaffected. The Ministry of External Affairs' directive has no material impact on current operations or financials, according to the company's exchange filing.
Infosys unveils its Customer Experience Suite for Salesforce, deepening its partnership to drive agentic transformation. The solutions aim to enhance digital workforce scalability and customer engagement for enterprises undergoing digital transitions.
Reliance Power confronts governance challenges after the arrest of its CFO Ashok Kumar Pal in a bank fraud case. The Enforcement Directorate's action casts a shadow over the company's leadership stability.