TCS after market hours on Tuesday, 10 September 2013 said it has bagged a five-year multi-million euros deal from Scandinavian Airlines (SAS) to help transform and optimise SAS' IT processes, applications and infrastructure. TCS will implement its proprietary cloud-based solutions to simplify and standardize the SAS IT landscape. The initiative is a part of the SAS 4 Excellence Next Generation strategy, aimed at improving the competitiveness of the SAS Group. Through this partnership, SAS will also tap into TCS' Aviation and Digital Innovation Labs to develop solutions addressing the needs of the new digital consumer.
HCL Technologies and Anglo American, one of the world's largest mining companies announced after market hours on Tuesday, 10 September 2013, that they have entered into an engagement where HCL will deliver IT services for Anglo American businesses across the globe. As a part of this contract, HCL will transform Anglo American's end user computing and data center landscape to improve operational efficiency, business agility and the user experience. The scope of service covers end to end infrastructure services, including data centre and hosting services, email services, service desk, local area network and security management, end user computing and on-site IT services, utilizing hybrid on-premise and cloud delivery models.
Jaiprakash Power Ventures after market hours on Tuesday, 10 September 2013 clarified to the exchanges that as per publicly announced policy of Jaypee Group, it is committed to unlock and enhance the shareholders' value through various options including, if necessary, by sale of some of its undertakings. This is a continuous exercise and, as and when any such transaction materializes, it shall make appropriate announcement through the stock exchanges. We further reiterate that we have not mandated ICICI/IDFC, as reported in the news item for advising us on the purported transaction, Jaiprakash Power Ventures said.
Mahindra & Mahindra (M&M) after market hours on Tuesday, 10 September 2013 said that it has crossed yet another milestone with over 4 lakh sales of its special utility vehicle (SUV), Scorpio.
Fresenius Kabi Oncology said that the Securities Appellate Tribunal, Mumbai (SAT), vide its order dated 10 September 2013, has allowed the appeal filled by the company against order dated 22 July 2013 passed by the Securities and Exchange Board of India (Sebi) to extent that the company may go ahead with the delisting offer without the condition imposed by Sebi regarding compliance with Regulation 17(b) of SEBI (Delisting of Equity Shares) Regulations, 2009.
The Reserve Bank of India (RBI) on Tuesday said that banks can raise funds overseas above 50% of their Tier I capital with a minimum maturity of three years and swap these borrowings with the central bank at a concessional rate for one to three years.
Eins Edutech said its board of directors will meet on 13 September 2013, to allot 74.80 lakh equity shares of face value of Rs 10 each at Rs 15 per share on preferential allotment basis to the promoter and a group of strategic investors, not forming part of the promoter group of the company.
Also Read
Dee Kartavya Finance said its board of directors will meet on 13 September 2013, to consider scheme of arrangement for merger of Salvation Developers with Dee Kartavya Finance.
Indo Amines said that the committee of Directors of the company at its meeting held on 5 September 2013 has fixed 17 September 2013 as the record date in order to determine the members entitled to receive the bonus shares.
Vaswani Industries said that the Compensation Committee of board of directors of the company at its meeting held on Tuesday, 10 September 2013, has allotted 13.64 lakh equity shares of face value of Rs 10 each at par to the promoter/promoter group.
Zenith Capitals said that its board of directors at a meeting held on Tuesday, 10 September 2013, approved the scheme of arrangement for merger of two companies viz. Hubek Engineering and Mhagujkar Agrocon with the company.
Blue Coast Hotels said that IFCI in its notice dated 18 July 2013, had taken a symbolic possession of the Blue Coast Hotels at Goa. The IFCI has now moved ahead and has published a notice in the Business Standard dated 5 September 2013 with regard to sale of the Assets of Blue Coast Hotels located at 263 C, Arossim, Cansaulim, Goa. Blue Coast Hotels said it is exploring all settlement as well as legal options available to it under the present circumstances and is taking necessary steps to resolve the matter.
Harrisons Malayalam said that the High Court of Kerala vide its order dated, 9 September 2013, dismissed the Kerala Government's Petition challenging the authenticity of company's title deeds and operations, as not maintainable. By dismissing the Kerala Government's petition, the company has been absolved of allegations in respect of irregularities & fraud as also of alleged violations under the Foreign Exchange Regulation Act (FERA), Harrisons said.
Aban Offshore turns ex-dividend today, 11 September 2013, for dividend of Rs 3.60 per share for the year ended 31 March 2013.
Dhampur Sugar Mills turns ex-dividend today, 11 September 2013, for dividend of Rs 1.25 per share for the year ended 31 March 2013.
Relaxo Footwear turns ex-dividend today, 11 September 2013, for dividend of Rs 2 per share for the year ended 31 March 2013.
T D Power Systems turns ex-dividend today, 11 September 2013, for dividend of Rs 2 per share for the year ended 31 March 2013.
Powered by Capital Market - Live News