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Infosys in focus after MauBank adopts Finacle solution

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Capital Market
Last Updated : May 16 2017 | 9:13 AM IST

Infosys will be watched. Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys and MauBank, a leading bank in the Republic of Mauritius announced the bank's successful adoption of Finacle's leasing solution for its strategic leasing services business. The announcement was made after market hours yesterday, 15 May 2017.

Yes Bank announced the appointment of Debjani Ghosh as an additional (non executive) director on the board of the bank with effect from 15 May 2017. The shareholders' of the bank would consider the appointment of Debjani Ghosh as an independent director on the board in the ensuing Annual General Meeting (AGM) of the bank scheduled on 6 June 2017. The announcement was made after market hours yesterday, 15 May 2017.

Skipper's net profit rose 46.15% to Rs 52.78 crore on 10.11% rise in total revenue to Rs 584.55 crore in Q4 March 2017 over Q4 March 2016. The announcement was made after market hours yesterday, 15 May 2017.

Skipper recommended a dividend of Rs 1.55 per equity share for the financial year ended 31 March 2017 (FY 2017),

Websol Energy System said that it has received on due certificate from ARCIL on payment of the entire settlement amount. The announcement was made after market hours yesterday, 15 May 2017.

Future Lifestyle Fashions' net profit jumped 262.64% to Rs 18.93 crore on 16.18% rise in total income from operations to Rs 987.73 crore in Q4 March 2017 over Q4 March 2016. The announcement was made after market hours yesterday, 15 May 2017.

The board has recommended a dividend of Rs 0.80 per equity share for the financial year ended 31 March 2017 (FY 2017).

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Gujarat State Fertilizers and Chemicals said that ammonia-IV plant of the company shall be under annual planned shutdown from 16 May 2017 to 13 June 2017. As a result of this, the production of urea plants shall also stand reduced. This planned shutdown basically would take care of all the jobs related to system cleaning, preventive maintenance and statutory testing. The s plant would come back into the mainstream from 14th June 2017. There will be no major impact on production due to the said shutdown. The announcement was made after market hours yesterday, 15 May 2017.

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First Published: May 16 2017 | 8:20 AM IST

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