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Stock Alert

TCS will be watched after Israel's Bank Yahav deploys TCS BaNCS
(15-Mar-2017, 07:49 Hours IST)  

TCS announced that its customer, Bank Yahav, is successfully operational with the TCS BaNCS Univeral Banking platform, in a first of its kind for the Israeli market. The announcement was made after market hours yesterday, 14 March 2017.

Wipro announced the launch of the Wipro HOLMES Cloud BOT - a continuously learning digital consultant, that leverages Wipro's BoundaryLess Data Center solution. The Wipro HOLMES Cloud BOT uses a gamified natural language processing (NLP)-based chat interface to have an intelligent interaction with stakeholders to enrich the data for cloud analysis. The announcement was made after market hours yesterday, 14 March 2017.

Larsen & Toubro (L&T) said that L&T Realty has executed share purchase deal for selling its entire stake of 51% in L&T South City Projects to Pragnya Group for a consideration of Rs 190 crore. L&T South City Projects is engaged in the development of a 92-acre residential township at Siruseri, Chennai. The announcement was made after market hours yesterday, 14 March 2017.

Engineers India said that its board will meet on Monday, 20 March, 2017, to consider the proposal for buyback of fully paid up equity shares of the company. The announcement was made after market hours yesterday, 14 March 2017.

Tata Chemicals announced that the Central Pollution Control Board (CPCB) has directed the company to shut down its fertilizer plant in Haldia (West Bengal) for violating liquid waste discharge rules. The CPCB directive follows an analysis of the company's samples, which showed a non-compliance in effluent discharge norms. The company said that it has written to the CPCB to rescind the order after an independent lab confirmed that its samples comply with prescribed norms. The company told the CPCB that the report by the independent lab was also approved by the West Bengal Pollution Control Board and the ministry of environment and forests. The announcement was made after market hours yesterday, 14 March 2017.

Bank of Baroda (BoB) said that the capital raising committee of the board approved raising funds through issuance of Basel III compliant Additional Tier-I bonds (perpetual debt instrument) amounting to Rs 500 crore with green shoe option of Rs 500 crore. In a stock exchange notification, the bank said the issuance will be on private placement basis depending on market conditions. The announcement was made after market hours yesterday, 14 March 2017.

TVS Motor Company said it has launched its BSIV compliant TVS Jupiter and added two new colours - Jade Green and Mystic Gold. The refreshed scooter is now BSIV compliant, with auto headlamp on (AHO) and equipped with sync braking system (SBS). The announcement was made after market hours yesterday, 14 March 2017. SBS ensures rider safety as it automatically activates the front brakes when the rear brakes are used. The feature, previously available on ZX range will now be available on the base variant as well, TVS Motor said. There is no revision in the prices for the BSIV models of Jupiter, priced at Rs 49,666 (ex-showroom Delhi), the scooter is available across all TVS dealerships, the company said.

Rupa & Company announced that Oban Fashions, one of the company's subsidiaries, concluded a deal with the US-based Fruit of the Loom Inc, a unit of Warren Buffet's Berkshire Hathaway Co., to manufacture and sell products in India under the US company's brands. Fruit of the Loom sells a wide range of underwear and casual wear in the US and Europe. The announcement was made after market hours yesterday, 14 March 2017.

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