TCS will be watched after collaboration with GE

TCS announced that it has developed an innovative digital solution to connect Intelligent LEDs, to GE's Predix operating system for the industrial Internet through Intel Atom-based gateways, providing critical analytics to save significant time and costs in the manufacturing process. The announcement was made after market hours yesterday, 30 August 2016.

RBL Bank debuts on the secondary equity market today, 31 August 2016. The bank had priced the initial public offer (IPO) at the top end of the Rs 224 to Rs 225 per share price band for the IPO. The initial public offer (IPO) of private sector bank RBL Bank, erstwhile Ratnakar Bank, ended with overwhelming response on 23 August 2016. The IPO received bids for 263.87 crore shares. The IPO was subscribed 69.62 times.

Housing Development Finance Corporation (HDFC) said it is aiming to raise Rs 500 crore by issuing Rupee denominated bonds to overseas investors. The issue will open today, 31 August 2016 and will close tomorrow, 1 September 2016. The bonds will be listed on the London Stock Exchange (LSE). The announcement was made after market hours yesterday, 30 August 2016.

UltraTech Cement will be watched. The Reserve Bank of India (RBI) notified yesterday, 30 August 2016, that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 30% of the paid up capital of Ultra Tech Cement under the Portfolio Investment Scheme (PIS). The purchases could be made through primary market and stock exchanges. RBI stated that the company has passed resolutions at its Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares by FIIs/RFPIs.

Cox & Kings' consolidated net profit fell 23.67% to Rs 108.07 crore on 3.46% decline in total income to Rs 2076.56 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday, 30 August 2016.

Indraprastha Medical Corporation's net profit rose 18.86% to Rs 8.38 crore on 3.42% growth in net total income from operations to Rs 194.01 crore in Q1 June 2016 over Q1 June 2015. The result was announced after market hours yesterday, 30 August 2016.

Maruti Suzuki India turns ex-dividend today, 31 August 2016, for final dividend of Rs 35 per share for the year ended 31 March 2016.

ONGC turns ex-dividend today, 31 August 2016, for final dividend of Rs 3.25 per share for the year ended 31 March 2016.

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