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Prachi Mehta

1st Oct · SEBI-Registered Analyst

Stocks to keep an eye on

OIL
(OIL) has signed a Memorandum of Understanding (MoU) with GAIL (India) to strengthen cooperation across the natural gas value chain and unlock synergies for expanding access to cleaner energy across the country. The MoU is a timely step towards enhancing domestic gas availability and ensuring its seamless access to demand centres across India. Newgen Software Technologies’ wholly owned subsidiary -- Newgen Software Technologies (UK) has incorporated in the UK, has executed an Agreement with Wipro Financial Outsourcing Services for software license, implementation and maintenance services. The aggregate value of the aforesaid agreement is pounds 2,985,484. RateGain Travel Technologies, through its wholly owned subsidiary - RateGain Technologies, UK, has entered into a definitive agreement to acquire Sojern Inc., a leading AI-led MarTech company focused on the hospitality sector. This acquisition underscores RateGain’s AI-first strategy and strengthens its unified vision of building a platform that helps hotels to acquire guests, engage & retain them during their stay, and expand wallet share with them. Tamilnad Mercantile Bank (TMB) has entered into strategic partnership with Wegofin Digital Solutions, a leading fintech innovator, to revolutionize digital banking and financial services for businesses across India. This collaboration marks a significant milestone in TMB’s digital transformation journey, introducing Banking-as-a-Payment Aggregator (BAPA) to empower MSMEs, startups, and enterprises with cutting-edge financial solutions.

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