Hindustan Copper may shine after signing MoU

Image
Capital Market
Last Updated : Sep 20 2017 | 9:13 AM IST

Hindustan Copper announced that it signed an memorandum of understanding (MoU) with National Aluminium Company and Mineral Exploration Corporation on 18 September 2017 to explore the possibility of forming a joint venture company for exploration of primarily strategic minerals overseas and sale of these minerals in India and other countries for commercial use. The announcement was made after market hours yesterday, 19 September 2017.

Infosys announced that Infosys Finacle, a part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys announced its partnership with Niki.ai, a FinTech start-up that offers chat based commerce solutions. With this partnership, Finacle solution suite will be available with Niki.ai's chat-based virtual assistant - Niki. This offering will enable banks to offer its customers a virtual banking assistant for shopping products and services. The announcement was made after market hours yesterday, 19 September 2017.

Tata Global Beverages said it sold 1.04 crore equity shares, or 4.11% equity, of Tata Chemicals to Tata Sons as a market transaction. The announcement was made after market hours yesterday, 19 September 2017.

Entertainment Network (India) said that the company has yesterday, 19 September 2017 commenced broadcast from its radio station at Jammu (98.3 FM) - acquired under Phase 3 auctions held last financial year. The announcement was made after market hours yesterday, 19 September 2017.

Goa Carbon announced resumption of operations at the company's Bilaspur Unit in Chattisgarh from 18 September 2017 consequent to the temporary shut-down for maintenance work. There would not be any financial impact due to the temporary shutdown of the Bilaspur Unit as there was sufficient inventory to service the orders in hand. The announcement was made after market hours yesterday, 19 September 2017.

Bhagiradha Chemicals & Industries said its board will meet on 22 September 2017 to consider raising funds by issuing convertible warrants and equity shares on preferential basis. The board will also consider the postal ballot notice to get shareholders approval for the said preferential issue. The announcement was made after market hours yesterday, 19 September 2017.

Shreyas Shipping & Logistics said that the company has signed a memorandum of agreement (MOA) for acquisition of one container vessel of about 1500 teus. The delivery of the vessel is expected by mid October 2017. The announcement was made after market hours yesterday, 19 September 2017.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 20 2017 | 8:46 AM IST

Next Story