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ITC allots 73,41,950 equity shares
Feb 23,2017

ITC announced that the Company on 23 February 2017 issued and allotted 73,41,950 Ordinary Shares of Rs. 1/- each, upon exercise of 7,34,195 Options by Optionees under the Companys Employee Stock Option Schemes.

Consequently, with effect from February 23, 2017, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 1213,77,65,951/- divided into 1213,77,65,951 Ordinary Shares of Rs. 1/- each.

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State Bank of Mysore to amalgamate with State Bank of India
Feb 23,2017

State Bank of Mysore announced that the Government of India has issued the following Order dated 22 February 2017, under sub-section (2) of Section 35 of the State Bank of India Act, 1955.

Acquisition of State Bank of Mysore Order, 2017

In terms of the said Order, the entire undertaking of State Bank of Mysore (SBM) shall stand transferred to and vested in the State Bank of India from 01 April 2017.

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Dena Bank intimates of bank strike
Feb 23,2017

Dena Bank announced that The Indian Banks Association, vide their letter dated 13 February 2017 informed that the members of all the constituent unions of United Forum of Bank Unions (UFBU) have give a call of one day All India strike 28 February 2017 in support of their various demands and issues.

If the strike materializes, a section of the Banks employees belonging to the above said Unions/ Associations may participate in the proposed strike on the said date, in which case, the normal functioning of the branches / offices of the Bank may get affected during the day.

The Bank is taking all the necessary steps in terms of the existing guidelines for smooth functioning of Banks branches / offices to deal with the strike.

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Gayatri Projects completes construction of 1320 MW thermal Power plant
Feb 23,2017

Gayatri Projects has announced that Sembcorp Gayatri Power, its second thermal power plant has completed construction of its second 660-megawatt unit, marking the creation of 2,640 MW power complex.

The first unit of the 660 megawatts was completed in November 2016. The power plant, located in Krishnapatnam in Andhra Pradeshs SPSR Nellore District, India, utilises supercritical technology that allows for enhanced efficiency and reduced emissions.

Sembcorp Gayatri Power is a joint venture between Sembcorp Utilities a subsidiary of SembCorp Industries and NCC Infrastructure Holdings, which is promoted by NCC and Gayatri Energy Ventures a wholly-owned subsidiary of Gayatri Projects.

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Shreyas Shipping & Logistics provides business update
Feb 23,2017

Shreyas Shipping & Logistics announced that the Company has on 23 February 2017 taken the delivery of the vessel M. V. SSL DELHI (2500 Teus).

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Mold-Tek Technologies allots 2,86,232 equity shares
Feb 23,2017

Mold-Tek Technologies announced that the Board of Directors of the Company has on 23 February 2017, allotted 2,86,232 equity shares of Rs. 2/- each pursuant to exercise of options.

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Dick Enterprises becomes subsidiary of Mercantile Ventures
Feb 23,2017

Mercantile Ventures announced that Dick Enterprises (Formerly known as Dick Financial Services) has become the Companys subsidiary with effect from 22 February 2017 consequent to allotment of equity shares.

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State Bank of Travancore to amalgamate with State Bank of India
Feb 23,2017

State Bank of Travancore announced that the Government of India has issued the following Order dated 22 February 2017, under sub-section (2) of Section 35 of the State Bank of India Act, 1955.

1. Acquisition of State Bank of Travancore Order, 2017

In terms of the said Order, the entire undertaking of State Bank of Travancore shall stand transferred to and vested in State Bank of India from 01 April 2017.

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Quick Heal Technologies collaborates with India Computer Emergency Response Team
Feb 23,2017

Quick Heal Technologies will be collaborating with Indian Computer Emergency Response Team, also referred as CERT-In for its Cyber Swachhta Kendra. CERT-In will be providing Quick Heals Bot Removal tool for cost to its users. The indigenously developed tool will continuously monitor the threat landscape for new bots and prevent them from damaging the users device by creating an antidote for every bot.

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Mindtree provides update on Magnet 360
Feb 23,2017

Magnet 360, a Mindtree company announced it was included in Gartners Market Guide for Salesforce Service Providers. Gartner identified Mindtrees Magnet 360 division as a representative provider for Customer Analytics, Sales Cloud, Service Cloud, Marketing Cloud and App Cloud.

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Board of Amtek Auto approves preferential issue of shares to Promoters
Feb 23,2017

Amtek Auto announced that the Board of Directors of the Company at its meeting held on 23 February 2017 has approved the issuance of equity shares to promoters of the Company on conversion of their unsecured loans by way of preferential issue.

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Trent receives credit rating for proposed commercial paper issue
Feb 23,2017

Trent has been assigned credit rating of CARE A1+ for proposed commercial paper issue for a limit of Rs 100 crore by Credit Analysis & Research.

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Rain Industries to hold AGM
Feb 23,2017

Rain Industries announced that the Annual General Meeting (AGM) of the company will be held on 5 May 2017.

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Board of Stovec Industries recommends final dividend
Feb 23,2017

Stovec Industries announced that the Board of Directors of the Company at its meeting held on 23 February 2017, inter alia, have recommended the final dividend of Rs 31 per equity Share (i.e. 310%) , subject to the approval of the shareholders.

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Tata Power Company provides update on Tata Power Renewable Energy
Feb 23,2017

Tata Power Company announced that its subsidiary, Tata Power Renewable Energy, has synchronised its 15 MW solar plant at Belampally in Telangana, thereby starting its commercial operations. The project has been won by TRPEL in phase 1 bidding process in Telangana. With this development, Tata Powers total installed operating capacity has crossed 10,500 MW mark.

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