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Tag: BNP Paribas

  • TCS becomes official AI and tech partner for Paris marathon

    TCS becomes official AI and tech partner for Paris marathon

    MUMBAI: Tata Consultancy Services (TCS), has been appointed as the Official AI and technology partner for the Schneider Electric Marathon de Paris. This three-year partnership aims to transform one of the world’s most prestigious marathons by integrating cutting-edge AI, data analytics, and digital twin technology to elevate the experience for both athletes and spectators.

    With over 55,000 runners from 145 nationalities, the Schneider Electric Marathon de Paris is a landmark event, now set to benefit from TCS’ innovation. Leveraging its Paceport innovation hub in Paris, TCS will introduce AI-powered race experiences, personalised digital coaching, and immersive engagement tools to make the marathon more interactive and efficient.

    TCS’ growing footprint in endurance sports is undeniable, with sponsorships spanning 14 global marathons, including the World Marathon Majors in New York, London, Chicago, Boston, and Sydney. In 2024 alone, TCS-backed races raised nearly $280 million for charities, reinforcing the company’s commitment to making a lasting societal impact beyond the finish line.

    Amaury Sport Organisation (A.S.O.) CEO Yann Le Moenner welcomed the collaboration, stating, “We are delighted to welcome TCS to the Schneider Electric Paris Marathon family of partners. Thanks to its expertise in new technologies and artificial intelligence, TCS will continue to grow the event, strengthen the engagement of all audiences, and enrich the digital experience. Together, we aim to offer an ever more immersive and connected experience, serving both runners and spectators.”

    TCS’ advanced AI solutions will optimise race logistics, provide predictive performance insights, and improve sustainability efforts reinforcing its reputation as a trusted technology partner. TCS chief marketing officer Abhinav Kumar emphasised, “Our partnership with the Schneider Electric Marathon de Paris aligns with TCS’ commitment of being a trusted transformation partner for our clients, communities, and the ecosystems in which we live and work. This engagement reflects our commitment to using technology towards empowering athletes, optimising race experiences, and transforming the future of sports.”

    TCS France managing director Rammohan Gourneni said, “For the past 30 years, TCS has played a pivotal role in France as a technology provider. We are proud to continue our commitment to the community with this new partnership for the Schneider Electric Marathon de Paris. I look forward to engaging our clients and partners in this race as we harness our technology expertise and passion for AI and innovation to create an unforgettable marathon experience.”

    With this latest partnership, TCS further cements its position at the intersection of sports, technology, and AI-driven transformation bringing the future of marathon running to the streets of Paris.

  • Nine Triangles welcomes Tanmay Pani as EVP and chief strategy officer

    Nine Triangles welcomes Tanmay Pani as EVP and chief strategy officer

    Mumbai: Nine Triangles, a leading digital strategy consulting and marketing company, has announced the appointment of Tanmay Pani as executive vice president (EVP) and chief strategy officer.

    Pani brings a wealth of experience from his extensive background across industries, having worked with prominent brands such as TCS, HDFC Bank, Sharekhan by BNP Paribas, GroupM, and Prabhudas Lilladher, among others. With experience on both the brand and agency side, Pani possesses hands-on expertise across facets of Marketing, Digital Transformation, Media Planning, and User Experience.

    Reflecting on his new role at Nine Triangles, Tanmay expressed his enthusiasm, stating, “At Nine Triangles, we are shaping the digital landscape with innovative solutions that drive results. I am excited to join a team focused on creativity, collaboration, and cutting-edge tech. I look forward to contributing to Nine Triangles’ journey to success, where challenges are opportunities and projects showcase our high delivery standards.”

    Nine Triangles CEO & founder Krishna Mohan Jha shared his excitement about Pani’s joining, stating, ” Tanmay’s appointment is a pivotal moment for Nine Triangles. His wealth of experience and strategic prowess are in perfect harmony with our vision of leading digital innovation. With Tanmay at the helm of our strategic endeavors, I am certain we will continue to set new standards in the digital landscape, solidifying our position as a reliable partner in our clients’ journey to success. “
     

  • GTPL Hathway allots Rs. 1450 mn to anchor investors, IPO opens today

    MUMBAI: GTPL Hathway has finalised the allocation of 8,555,294 Equity Shares at Rs. 170 per Equity Share (upper end of the Price Band) aggregating to Rs. 145.43 crore (Rs 1450 million) to anchor investors.

    Anchor investors include: Acacia Banyan Partners – 30.94%; Government Pension Fund Global – 18.56%; BNP Paribas Equity Fund – 5.03%; BNP Paribas Long Term Equity Fund – 2.92%; BNP Paribas MidCap Fund – 5.85%; BNP Paribas Dividend Yield Fund – 2.34%; BNP Paribas Balanced Fund – 1.05%; HTCL-HDFC Prudence Fund – 15.13%; DB International Asia Limited – 10.62%; Vittoria Fund SR LP – Asia Portfolio – 7.56%.

    The Company proposes to open on Wednesday, 21 June, the initial public offering of equity shares of face value of Rs. 10 each (“Equity Shares”) for cash (including a share premium) (the “Offer”) comprising a fresh issue of Equity Shares aggregating up to Rs. 2,400 million (“Fresh Issue”) and an offer for sale of up to 14,400,000 Equity Shares – comprising up to 1,136,000 Equity Shares by Aniruddhasinhji Jadeja, up to 440,000 Equity Shares by Kanaksinh Rana, up to 5,480,000 Equity Shares by Gujarat Digi Com Private Limited, up to 7,200,000 Equity Shares by Hathway Cable and Datacom Limited and up to 144,000 Equity Shares by Amit Shah (collectively the “Selling Shareholders”) (“Offer For Sale”).

    The Bid/ Offer will close on Friday, 23 June.

    The Price Band for the Offer is fixed at Rs. 167 to Rs. 170 per Equity Share. Bids can be made for a minimum of 88 Equity Shares and in multiples of 88 Equity Shares thereafter.

    The Book Running Lead Managers (“BRLMs”) to the Offer are JM Financial Institutional Securities Limited, BNP Paribas, Motilal Oswal Investment Advisors Limited and Yes Securities (India) Limited.

    The Equity Shares offered through the RHP are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”).

  • GTPL Hathway gets SEBI nod for Rs 600-cr June IPO, to repay loans, expand cable & b’band with new tech

    MUMBAI: GTPL Hathway, a part of Hathway Cable and Datacom which offers cable TV and broadband services, is preparing to raise around Rs 600 crore through an initial public offer (IPO) in June.

    Proceeds from the IPO will be utilised towards repayment of loan and other general corporate purpose, PTI reported.

    A company statement stated that they had received capital markets’ regulator SEBI approval to float the IPO.

    According to the Draft Red Herring Prospectus (DRHP), the company’s public issue comprises fresh issuance of equity shares worth Rs 300 crore and offer for sale of 1.8 crore scrips by the existing shareholders.

    BNP Paribas, JM Financial Institutional Securities, Motilal Oswal Investment Advisors Pvt Ltd and Yes Securities will manage the public issue.

    By 30 September last year, GTPL Hathway’s digital cable TV services reached 169 towns across India, including towns in Gujarat, Maharashtra, Bihar, West Bengal, Assam, Jharkhand, Madhya Pradesh, Telangana, Rajasthan and Andhra Pradesh.

    With around 5.41 million active digital cable subscribers, the company is now preparing to expand both its cable TV and broadband services with newer technology.

    The company is gradually phasing out analogue services so as to comply with the government’s policy on digitisation, which will provide it an opportunity to expand products with broadband services and additional high definition channels.

  • MPG loses Rajagopal, gets Kari on board

    NEW DELHI: Media Planning Group‘s (MPG) outdoor arm, MPG Active has appointed Krishnamurthy Kari as its chief operating officer. Kari was earlier with Aircel as the head of Out-of-Home and activations.

    He has nearly 15 years of experience in the field. At MPG Active Kari will be responsible for acquiring the network business for MPG Active and enhancing the existing roster of MPG network accounts and deliver an integrated solution to the clients‘ needs.

    MPG Active has full service offices in Delhi, Mumbai, Bangalore, Kolkata, Punjab and Hyderabad, with a staff strength of more than 24 professionals. Some of its key clients are Capgemini, Hyundai, Skoda Motors, VLCC, Jabong.com, National Geographic, VIACOM 18, News 24, Cleartrip.com, fashinara.com, Quicker.com, BNP Paribas, Carlsberg, Smile Group, DBS, Fire Luxorand Puri Constructions.

    At MPG, its VP – investments (West) Gautam Rajagopal has quit. MPG CEO Mohit Joshi confirmed both the people movements to indiantelevision.com.

    Rajagopal had joined MPG in May 2011. Before this, he was with Beehive Communications as vice-president, media services for nearly four years.

    Rajagopal has more than 17 years of experience. He has worked with Contract Advertising, Madison, Mediavision and Carat Media Services. In 2003, Rajagopal joined Starcom MediaVest Group as group head, broadcast investment. After two years, he moved to Mudra (Optimum Media Solutions), where he worked for the next two years, before joining Beehive Communications.

    He has worked across various categories of brands such as HDFC Bank, Asian Paints, Parle, Bisleri, P&G, Heinz, Skoda, Bajaj and Cadbury.

  • GV Films to allot equity shares up to Rs 1 billion

    GV Films to allot equity shares up to Rs 1 billion

    MUMBAI: GV Films Ltd has decided to allot equity shares on preferential basis up to Rs 1 billion to BNP Paribas and their sub-account holders acting through them as their depository.

    Further each of the allottee is also entitled for subscription of up to three warrants of the face value of Rs 1 each per equity share (or on consolidation of equity share, each equity shares of Rs 10 each) allotted to them in such a way that the total allotment of warrants will not exceed the value of Rs 3 billion.

    GV Films also informed the BSE that the Board has approved the acquisition of the Ahmedabad-based Safroni Entertainment Ltd for consideration other than cash by issue of equity shares of the Company for a sum not exceeding by Rs 150 million. The Board has formed a committee to do the due diligence including valuation to take the proposal forward. The Board has also accordingly amended the notice to the shareholders to be convened on 11 July.