Borosil Glass Works in focus after liberal bonus issue

Borosil Glass Works said that the board of directors of the company has approved issue of bonus shares in the ratio of 3:1 (i.e. 3 bonus shares for every one equity share held. The announcement was made after market hours yesterday, 18 June 2018.

Titan Company said that TimeProducts (TTPL) has ceased to be a subsidiary of the company with effect from 18 June 2018 consequent upon the company transferring its entire stake in TTPL to Danlaw Technologies India. The announcement was made after market hours yesterday, 18 June 2018.

Goa Carbon said that the operations at the company's Paradeep Unit at Village Udayabata, Odisha has been put on temporary halt due to the obstructions by the contract workers from 6:00 a.m. on 16 June 2018 with their sudden demand for raising of their retirement age. The announcement was made after market hours yesterday, 18 June 2018.

Tata Consultancy Services (TCS) opened its new delivery center in Suresnes, France. The delivery center, which is located in the Parisian region, can accommodate up to 230 employees and benefits from highly secure connectivity, a robust infrastructure and secure spaces, guaranteeing the best quality service and productivity for customers. The announcement was made after market hours yesterday, 18 June 2018.

Karur Vysya Bank said that a meeting of the board of directors of the bank will be held on 25 June 2018, inter-alia, may consider the proposal/s of raising capital for the bank through preferential issue, private placement, nonconvertible debt instruments, Qualified Institutions Placements (QIP) or any permissible mode or a combination thereof and also for determination of issuance amount. The announcement was made after market hours yesterday, 18 June 2018.

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