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SOFGEN Holdings Limited to be acquired by Tech Mahindra

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10 years ago

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Hyderabad: Swiss firm SOFGEN Holdings Limited that deals in private, wealth, commercial and retail banking solutions is to be acquired by Tech Mahindra.

The transaction is expected to close by March 2015, subject to regulatory approvals, the two companies said in a joint statement. They, however, have not revealed the size of the transaction.

With this acquisition, Tech Mahindra will have the capability to offer a unique combination of “change the bank and run the bank” services to retail banking, private banking and wealth management customers globally.

“This acquisition gives us an opportunity to enhance our expertise to implement modernized core banking and transformation services capabilities. This milestone in the growth journey of Tech Mahindra will establish us as a significant player in the specialized and rapidly growing private banking and wealth management segment globally,” said C.P. Gurnani, MD and CEO, Tech Mahindra.

“Bringing SOFGEN into the Tech Mahindra fold will give us access to new geographies, and a different magnitude of customer relationship,” said Alexander Dembitz, chairman, SOFGEN.

“The highly experienced consultant work-force, coupled with the size and scale of Tech Mahindra will help us deliver compelling value to our prestigious customers globally,” he added.

The Geneva-based firm has global presence with over 450 employees.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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