Infosys in focus after winning orders

Infosys announced after market hours on Friday, 19 June 2015, that Hrvatska Postanska Banka (HPB), a leading state-owned financial institution in Croatia, has selected the Finacle Payments solution to deliver bespoke payment offerings and superior customer experience. The new solution will enable HPB to streamline its payments operations and simultaneously serve its target markets in a cost-effective and flexible manner. The Finacle solution will also help HPB to comply with Single Euro Payments Area (SEPA) requirements and support Croatia's harmonization process with European Union regulations and Payment Service Directive, the company said in a statement.

Separately, Infosys after market hours on Friday, 19 June 2015, said that Sharjah Islamic Bank (SIB), a leading Sharia-compliant bank in the Middle East, has selected Infosys' Finacle e-Banking and Mobile Banking solutions to enhance customer service and deliver new-age channel banking experiences. With Finacle, SIB will be able to offer its customers a wide range of features for secure account management and aggregation, fund transfer, payment and financial management, Infosys said in a statement.

Meanwhile, Infosys after market hours on Friday, 19 June 2015, said that it bagged a multi-year IT managed services deal from New York-based wellness company NBTY. As part of the deal, Infosys will provide development and support services for NBTY's IT systems. NBTY is a manufacturer, marketer, distributor and retailer of vitamins and nutritional supplements.

Lupin replaces Tata Power Company in Sensex effective today, 22 June 2015.

Dr. Reddy's Laboratories announced after market hours on Friday, 19 June 2015, the launch of HAiROOTZ, the first hair growth supplement to be marketed in India as over-the-counter (OTC) by the company. HAiROOTZ comes from the same branch of business that markets MINTOPTM, the No. 1 dermatologist recommended brand in the country.

Punjab National Bank turns ex-dividend today, 22 June 2015, for dividend of Rs 3.30 per share for the year ended 31 March 2015.

CRISIL announced after market hours on Friday, 19 June 2015, that its shareholders, by a special resolution through postal ballots, have approved a buyback proposal. The company proposes to buy back shares at a price not exceeding Rs 2,310 a share by spending a maximum of Rs 102 crore. These will be acquired from the open market through stock exchanges. The amount will be paid in cash. Earlier in April, the company's board had approved the buyback proposal.

The board of Oberoi Realty approved raising funds by way of issue of up to 1.10 crore equity shares of Rs 10 each of the company for cash to Aranda Investments (Mauritius), (a non-promoter company and a deemed Foreign Portfolio Investor) having its office at CIM Corporate Services, Les Cascades, Edith Cavell Street, Port Louis, Mauritius, and a wholly owned indirect subsidiary of Temasek Holdings, on a preferential basis at a price of Rs 295 per share aggregating to approximately Rs 324.50 crore. The annnouncement was made after market hours on Friday, 19 June 2015.

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