Ramco Systems Surges 12% on Deal Win

Shares of Ramco Systems surged over 12.5 per cent on Tuesday after the IT company announced the signing of a multi-million dollar deal with Australia-based Cobham Aviation Services. Aviation company Cobham will implement the Ramco's aviation suite to optimise operations of its over 140 fleet around the world. Virender Aggarwal, CEO of Ramco Systems, termed the Cobham deal as a "strategic breakthrough" for its aviation business. Wi...