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Tata Consultancy Services provides update on buyback of shares
Mar 01,2017

Tata Consultancy Services announced that promoters and promoter group company have communicated their intention to participate in the proposed buyback of upto 561,40,351 equity shares.

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Hero MotoCorp announces sales figures
Mar 01,2017

Hero MotoCorp has achieved sales of 524,766 units of two-wheelers in February 2017 compared to 550,992 units sold in February 2016.

Majority of Hero two-wheelers had already been made BS IV compliant quite sometime back and the Company has fully transitioned to producing only BS IV vehicles across the range from 01 March 2017.

Following the demonitisation initiative of the government in November, Hero immediately installed and activated POS machines at its retail outlets and also rolled out several other effective initiatives toenable cashless transactions, including innovative and consumer friendly financing schemes.

With improvement in the currency situation and in the consumer sentiment, Heros volumes are gradually picking up.

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Bank of India to raise Rs 1000 crore
Mar 01,2017

Bank of India announced that it is in the process of raising Basel 3 Compliant Additional Tier-1, Perpetual Bonds - Series 4, for an amount of Rs 500 crore with a green shoe option of Rs 500 crore, aggregating Rs 1000 crore by private placement.

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Sun Pharmaceutical Industries to present data on Tildrakizumab Clinical Development Program
Mar 01,2017

Sun Pharmaceutical Industries announced that several new analyses from Phase-1 and the pivotal Phase-3 clinical trials (reSURFACE 1 and 2) of tildrakizumab, an investigational IL-23p19 inhibitor being evaluated for the treatment of moderate-to-severe plaque psoriasis, will be presented atthe 2017 Annual American Academy of Dermatology (AAD) Meeting taking place March 3-7 in Orlando, Florida.

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Coal India announces provisional production and offtake figures
Mar 01,2017

Coal India announced the provisional production and offtake performance of Coal India and its subsidiaries for the month of February 2017 and for April 2016- February 2017.

Actual coal production achieved was 96% of the targeted at 54.30 million tonnes in February 2017. For the period April 2017 - February 2017, actual production achieved was 91% of the targeted at 488.06 million tonnes.

Actual offtake was 94% of the targeted at 94% at 47.73 million tonnes in February 2017. For the period April 2017-February 2017, actual offtake was 91% to the targeted at 490.86 million tonnes.

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Tata Global Beverages and Keurig Green Mountain expand partnership agreement
Mar 01,2017

Tata Global Beverages and Keurig Green Mountain Inc. announced a multi-year expansion of their successful partnership for the manufacturing, sales, licensing and distribution of Eight OClock coffee and Tetley tea brands in K-Cup pods for use in Keurig brewers.

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Quick Heal Technologies allots 1700 equity shares
Mar 01,2017

Quick Heal Technologies has allotted 1700 equity shares under ESOP 2010 on 20 February 2017.

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Pidilite Industries announces resignation of CFO
Mar 01,2017

Pidilite Industries announced that Pradeep Jain has resigned as CFO with effect from 24 March 2017.

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Eicher Motors announces sales figures of subsidiary - VE Commercial Vehicles
Mar 01,2017

Eicher Motors announced sales volume of subsidiary - VE Commercial Vehicles for the month of February 2017.

Total sales for February 2017 stood at 5499 units compared to 5032 units in February 2016.

For the period April-February 2017, total sales were 51277 units compared to 45272 units in the corresponding period of previous year.

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Tanla Solutions allots equity shares to promoters
Mar 01,2017

Tanla Solutions announced that the Board of Directors of the Company on 01 March 2017 has through resolution passed by circulation approved allotment of 50,63,832 equity shares to the promoters on conversion of warrants.

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Board of Quasar India appoints company secretary and directors
Mar 01,2017

Quasar India announced that the Board of Directors of the Company at its meeting held on 01 March 2017 has approved the following -

Appointment of Dinesh Maurya as a Company Secretary and Compliance Officer of the Company.

Appointment of Avinash Sharma and Hitesh Rai Makhija as Additional Independent Directors of the Company.

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Board of Ganesh Holdings approves preferential allotment of shares
Mar 01,2017

Ganesh Holdings announced that the Board of Directors of the Company at its meeting held on 01 March 2017 has approved the following -

1. Increase in authorized share capital of the company from Rs. 25 Lakh to Rs. 45 Lakh subject to approval of Members in ensuing General Meeting.

2. Issue and allot fresh equity shares on preferential basis 1,65,000 Equity Shares of Rs. 10/- each subject to approval of Members in ensuing General Meeting.

3. Calling an Extra-Ordinary General Meeting on Saturday, the 25 March 2017 at 11.30 A.M. at the registered office of the Company for approval of above mentioned items.

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Board of Panyam Cements & Mineral Industries allots equity shares on conversion of warrants
Mar 01,2017

Panyam Cements & Mineral Industries announced that the Board of Directors of the Company at its meeting held on 01 March 2017 has considered and approved the conversion option given by the Warrants and issued and allotted 8,43,060 Equity shares of Rs 10/- each to the warrant holders viz EW India Special Assets Fun and Ecap Equities.

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Zydus Wellness fixes record date for interim dividend
Mar 01,2017

Zydus Wellness has fixed 14 March 2017 as Record Date for payment of interim dividend. The dividend payment date is on and from 20 March 2017.

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Mahindra Holidays & Resorts India intimates of cessation of subsidiaries
Mar 01,2017

Mahindra Holidays & Resorts India announced that Kiinteistn++ Oy Tunturinrivi and Saimaa Gardens Arena Oy, Finland have been merged with Holiday Club Resorts Oy, Finland, a step-down subsidiary of the Company w.e.f. 28 February 2017 and consequently, both the companies ceased to be subsidiaries of Holiday Club Resorts Oy, Finland and in turn of the Company.

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