Majesco may head north after new contract win

Majesco announced that a new start-up selected Majesco Core Suite for P&C platform on the Majesco Cloudlnsurer platform to support their market launch and growth strategies in a SaaS model. The announcement was made during market hours yesterday, 6 June 2018.

Lemon Tree Hotels has signed a License Agreement for a 104 room property at Gwalior, Madhya Pradesh under the company's brand 'Lemon Tree Hotel'. The hotel is expected to be operational by June, 2020. Carnation Hotel Private, the hotel management arm of the company will be operating and marketing this hotel. The announcement was made during market hours yesterday, 6 June 2018.

Apple India said that the distribution agreement for iPhone and other Apple products with HCL Infosystems will end on 30 March 2019. The announcement was made during market hours yesterday, 6 June 2018.

McLeod Russel India said that the company has decided to dispose of certain tea estates of the company in Assam, namely Moran Tea Estate, Lepetkatta Tea Estate, Attabarrie Tea Estate and Sepon Tea Estate for Rs 141 crore. The company has entered into a Memorandum of Understanding with Luxmi Tea Company, having registered office at Kolkata on 6 June 2018. The announcement was made during market hours yesterday, 6 June 2018.

Sadbhav Infrastructure Project said that board of directors of the company considered issuance of securities up to Rs 3000 crore. The announcement was made during market hours yesterday, 6 June 2018.

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