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Sambhaav Media allots 88 lakh equity shares
Mar 02,2017

Sambhaav Media has allotted 88 lakh equity shares of Re 1 each at an issue price of Rs 5 per share on conversion of warrants. Consequently, the paid up equity share capital has increased to Rs 15.49 crore comprising of 154910840 equity shares of Re 1 each.

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Corporation Bank revises MCLR rates
Mar 02,2017

Corporation Bank has revised the Marginal Cost of Funds Based Lending Rate with effect from 01 March 2017 as under -

Overnight MCLR - 8.25%
One month MCLR - 8.25%
Three month MCLR - 8.30%
Six month MCLR - 8.65%
One year MCLR - 8.75%

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Konark Synthetic announces resignation of director
Mar 02,2017

Konark Synthetic announced that Kavita Bhat, Independent Women Director of the Company has resigned from the directorship of the Company with effect from 2 March 2017 due to her personal reasons and other engagements.

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Hathway Cable & Datacom announces resignation of directors
Mar 02,2017

Hathway Cable & Datacom announced the resignation of Biswajit Subramanian as Director from the Board of Directors of the Company with effect from 02 March 2017.

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National Aluminium Company announces performance figures
Mar 02,2017

National Aluminium Company has registered a 16.8% growth in Bauxite production upto February 2017 with a volume of 65.64 lakh tonnes, the highest since its inception.

Hydrate production at its refinery has increased 6.8%. Hydrate production till February 2017 was 18.9 lakh tonnes as against 17.7 lakh tonnes for the corresponding period of previous year.

At its aluminium smelter, cast metal production grew by 3.79% and the aluminium metal sales rose by 2.68%. With aluminium market firming up, the Company plans to increase its cast metal production by 12% in the next fiscal.

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Wipro Positioned in Winners Circle of Product Life Cycle Management service providers
Mar 02,2017

Wipro has been positioned in the Winners Circle of Product Life Cycle Management service providers by HfS Research in the market study HfS Blueprint Report on PLM Services 2016.

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Talwalkars Better Value Fitness provides update on scheme of arrangement
Mar 02,2017

Talwalkars Better Value Fitness announced that the Company has filed an application of the Scheme of Arrangement with National Company Law Tribunal (NCLT) under the provisions of Sections 230 - 232 and other applicable provisions of the Companies Act, 2013 read with the relevant rules made thereunder.

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IMP Power appoints COO
Mar 02,2017

IMP Power announced the appointment of Arun Goel as Chief Operating Officer of the Company with effect from 01 March 2017.

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Wipro positioned as Leader for SAP Application Services, EMEA
Mar 02,2017

Wipro announced that it has been positioned as a Leader in Gartners Magic Quadrant for SAP Application Services, EMEA.

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Orient Cement gets ratings review for bank facilities and commercial paper
Mar 02,2017

Orient Cement announced that Credit Analysis & Research Limited has reviewed the ratings for bank facilities and commercial paper issue as under -

Long term bank facilities (Rs 1353 crore) - CARE AA-
Commercial paper issue (Rs 150 crore) - CARE A1+
Commercial paper issue (Rs 100 crore) - CARE A1+

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TCS launches HOBS V6.0
Mar 02,2017

Tata Consultancy Services has launched the next version of HOBS (Hosted OSS/BSS) - a TM Forum certified platform for digital enterprises - at Mobile World Congress in Barcelona.

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Board of Zenotech Laboratories approves winding up of subsidiary in Nigeria
Mar 02,2017

The Board of Directors of Zenotech Laboratories on 02 March 2017 has approved by way of resolution by circulation, the winding up of Zenotech Laboratories Nigeria, Nigeria, the subsidiary of the Company and has authorised the management to take appropriate actions for initiating the process of winding up of the subsidiary.

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Geometric provides update on scheme of arrangement and amalgamation
Mar 02,2017

Geometric announced that the Scheme of Arrangement & Amalgamation between Geometric, HCL Technologies and 3D PLM Software Solutions has become effective on 02 March 2017. Under the transaction the entire business of Geometric has been transferred to HCL. Simultaneously Geometric has been merged into 3D PLM.

The Company has fixed March 15, 2017 as the record date for determining the shareholders of the Company to whom shares of HCL and 3D PLM will be allotted pursuant to the Scheme.

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Board of Accel Frontline approves sale of entire stake in subsidiary - Accel Systems & Technologies
Mar 02,2017

Accel Frontline announced that the Board of Directors of the Company at its meeting held on 01 March 2017 has subject to obtaining approval of the shareholders, approved the sale of the entire stake of a Subsidiary Company Accel Systems & Technologies, Singapore ( ASTL ).

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A2Z Infra Engineering wins contract worth USD 7.06 million
Mar 02,2017

A2Z Infra Engineering has secured a contract Grid Solar and Energy Efficiency Project, Nepal Electricity Authority for Design, Supply, Delivery, Installation, testing and Commissioning of 33/11 KV Substations and 33 KV Lines for the contract price aggregating to USD 7,066,613.41.

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