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RBL Bank allots 629,167 equity shares
May 08,2017

RBL Bank has allotted 629,167 (Six Lac Twenty Nine Thousand One Hundred & Sixty Seven) equity shares of face value Rs. 10 each on May 6, 2017 under the ESOP Schemes of the Bank. Consequent to the above allotment, the paid up share capital of the Bank has increased from 375,203,136 equity shares of Rs. 10 each aggregating Rs. 3,752,031,360 to 375,832,303 equity shares of Rs. 10 each aggregating Rs. 3,758,323,030.

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South Indian Bank allots 5,82,816 equity shares
May 08,2017

South Indian Bank has allotted 5,82,816 Equity Shares of face value Re.1/- each pursuant to exercise of options granted under the South Indian Bank Employees Stock Option Scheme (SIB ESOS - 2008). Post the above allotment, the paid-up Equity share capital of the Bank would stand at Rs. 180,34,18,775/- consisting of 180,34,18,775 Equity shares of Re.1/- each.). These shares are pari-passu in all respects with the existing shares.

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CMI bags order worth Rs 36.24 crore from GETCO
May 08,2017

CMI has been awarded an order worth Rs 36.24 crore by Gujarat Energy Transmission Corporation for supply of 66 KV XLPE cables. The order is revene accretive and will be delivered within two quarters of 2017-18.

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Tech Mahindra allots 29800 equity shares
May 08,2017

Tech Mahindra has allotted 29800 equity shares of Rs 5 each of the Company under ESOP.

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International Pumps and Projects renamed as Kotia Enterprises
May 08,2017

International Pumps and Projects announced that the Companys name has been changed to Kotia Enterprises with effect from 31 January 2017.

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Board of Procter & Gamble Hygiene &Healthcare recommends special dividend
May 08,2017

Procter & Gamble Hygiene &Healthcare announced that the Board of Directors of the Company at its meeting held on 5 May 2017, inter alia, have recommended the special dividend of Rs 362 per equity Share (i.e. 3620%) , subject to the approval of the shareholders.

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Board of Dai-ichi Karkaria recommends final dividend
May 08,2017

Dai-ichi Karkaria announced that the Board of Directors of the Company at its meeting held on 5 May 2017, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Dai-ichi Karkaria to hold AGM
May 08,2017

Dai-ichi Karkaria announced that the Annual General Meeting (AGM) of the company will be held on 17 July 2017.

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Maternity Benefit (Amendment) Act,2017 relating to crn++che facility {Section 4(1)} would come into force from 01 July 2017
May 08,2017

Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crn++che facility {Section 4(1)} which would come into force from 01 July 2017.

Keeping in view queries received from various quarters, the Ministry of Labour & Employment, on 12 April 2017, had issued certain clarifications on various provisions of Maternity Benefit (Amendment) Act, 2017. One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.

Having received further queries and to remove doubts, it is further clarified that it is mandatory on the part of employers to extend the benefit of enhanced maternity leave to those women workers who were already on maternity leave on the date of enforcement of the Maternity Benefit (Amendment) Act,2017 i.e. as on 01 April 2017.

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Maternity Benefit (Amendment) Act,2017 relating to crn++che facility {Section 4(1)} would come into force from 01 July 2017
May 08,2017

Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crn++che facility {Section 4(1)} which would come into force from 01 July 2017.

Keeping in view queries received from various quarters, the Ministry of Labour & Employment, on 12 April 2017, had issued certain clarifications on various provisions of Maternity Benefit (Amendment) Act, 2017. One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.

Having received further queries and to remove doubts, it is further clarified that it is mandatory on the part of employers to extend the benefit of enhanced maternity leave to those women workers who were already on maternity leave on the date of enforcement of the Maternity Benefit (Amendment) Act,2017 i.e. as on 01 April 2017.

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Maternity Benefit (Amendment) Act,2017 relating to crn++che facility {Section 4(1)} would come into force from 01 July 2017
May 08,2017

Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crn++che facility {Section 4(1)} which would come into force from 01 July 2017.

Keeping in view queries received from various quarters, the Ministry of Labour & Employment, on 12 April 2017, had issued certain clarifications on various provisions of Maternity Benefit (Amendment) Act, 2017. One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.

Having received further queries and to remove doubts, it is further clarified that it is mandatory on the part of employers to extend the benefit of enhanced maternity leave to those women workers who were already on maternity leave on the date of enforcement of the Maternity Benefit (Amendment) Act,2017 i.e. as on 01 April 2017.

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Maternity Benefit (Amendment) Act,2017 relating to crn++che facility {Section 4(1)} would come into force from 01 July 2017
May 08,2017

Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crn++che facility {Section 4(1)} which would come into force from 01 July 2017.

Keeping in view queries received from various quarters, the Ministry of Labour & Employment, on 12 April 2017, had issued certain clarifications on various provisions of Maternity Benefit (Amendment) Act, 2017. One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.

Having received further queries and to remove doubts, it is further clarified that it is mandatory on the part of employers to extend the benefit of enhanced maternity leave to those women workers who were already on maternity leave on the date of enforcement of the Maternity Benefit (Amendment) Act,2017 i.e. as on 01 April 2017.

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Maternity Benefit (Amendment) Act,2017 relating to crn++che facility {Section 4(1)} would come into force from 01 July 2017
May 08,2017

Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crn++che facility {Section 4(1)} which would come into force from 01 July 2017.

Keeping in view queries received from various quarters, the Ministry of Labour & Employment, on 12 April 2017, had issued certain clarifications on various provisions of Maternity Benefit (Amendment) Act, 2017. One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.

Having received further queries and to remove doubts, it is further clarified that it is mandatory on the part of employers to extend the benefit of enhanced maternity leave to those women workers who were already on maternity leave on the date of enforcement of the Maternity Benefit (Amendment) Act,2017 i.e. as on 01 April 2017.

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Maternity Benefit (Amendment) Act,2017 relating to crn++che facility {Section 4(1)} would come into force from 01 July 2017
May 08,2017

Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crn++che facility {Section 4(1)} which would come into force from 01 July 2017.

Keeping in view queries received from various quarters, the Ministry of Labour & Employment, on 12 April 2017, had issued certain clarifications on various provisions of Maternity Benefit (Amendment) Act, 2017. One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.

Having received further queries and to remove doubts, it is further clarified that it is mandatory on the part of employers to extend the benefit of enhanced maternity leave to those women workers who were already on maternity leave on the date of enforcement of the Maternity Benefit (Amendment) Act,2017 i.e. as on 01 April 2017.

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Maternity Benefit (Amendment) Act,2017 relating to crn++che facility {Section 4(1)} would come into force from 01 July 2017
May 08,2017

Clarification on Recently Notified Maternity Benefit (Amendment) Act,2017 The Government has notified the Maternity Benefit (Amendment) Act,2017 on 28th March,2017 and the provisions of the Amendment Act have come into force with effect from 1st April,2017, except those relating to crn++che facility {Section 4(1)} which would come into force from 01 July 2017.

Keeping in view queries received from various quarters, the Ministry of Labour & Employment, on 12 April 2017, had issued certain clarifications on various provisions of Maternity Benefit (Amendment) Act, 2017. One of the clarifications issued by the Ministry stated that the enhanced maternity benefit, as modified by the Maternity Benefit (Amendment) bill, 2016 can be extended to women who are already under maternity leave at the time of enforcement of this Amendment Act.

Having received further queries and to remove doubts, it is further clarified that it is mandatory on the part of employers to extend the benefit of enhanced maternity leave to those women workers who were already on maternity leave on the date of enforcement of the Maternity Benefit (Amendment) Act,2017 i.e. as on 01 April 2017.

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