Infosys may gain after launching app with ATP

Infosys announced that ATP, the governing body of men's professional tennis, in association with company launched a new 'PlayerZone' app and website. The revamped PlayerZone, an extranet portal for ATP players, their support teams, coaches, and others in the ecosystem, allows users to engage with each other and access information across a wide range of operational aspects related to life on Tour. The announcement was made after market hours yesterday, 17 August 2017.

The PlayerZone is developed with best-in-class technology to be intuitive and more convenient, offering biometric login on the app. It also provides information on tournament entries and withdrawals, automated updates on match scheduling and results, rules and regulations, all the way to hotel information, transportation, visa requirements, and more. Besides simplifying the life of players on Tour, PlayerZone will also feature new prize money and taxes data to ease tracking of earnings and facilitate compliance.

The new app will increase engagement with the next generation of players, provide a central portal of information as players' progress through different stages of their career, as well as offer a forum to engagewith the players' support teams in a private and secure digital environment.

Punjab National Bank has decided to introduce a two tier interest rates structure on savings fund deposit scheme from 19 August 2017, with savings fund account balance upto Rs 50 lakh at 3.5% per annum and above Rs 50 lakh at 4% per annum. The announcement was made after market hours yesterday, 17 August 2017.

NIIT said that a meeting of the board of directors of the company is scheduled to be held on 22 August 2017, to consider inter-alia, recommendation of the Committee on the rationalization option. The announcement was made after market hours yesterday, 17 August 2017.

It may be recalled that NIIT's board at its meeting held on 28 July 2017, had constituted a Committee of Directors/Officials (Committee) to explore the options available for rationalizing the structure of NIIT Antilles NV, Netherlands Antilles and its overseas subsidiaries (Rationalization Option).

Somany Ceramics announced that Sudha Somany Ceramics, an associate of Somany Ceramics is setting up a facility in Andhra Pradesh to produce about 5 million square meters of vitrified tiles. The same is expected to be commissioned in the last quarter of financial year 2018-19. The announcement was made after market hours yesterday, 17 August 2017.

Raymond Group announced the acquisition of Ansell's stake in a joint venture entity known as JK Ansell. The announcement was made after market hours yesterday, 17 August 2017.

Talbros Engineering said that its board recommended the issuance of bonus shares in the ratio of 1:1. The announcement was made after market hours yesterday, 17 August 2017.

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