Wipro may advance on bagging contract

Wipro announced before market hours today, 15 September 2017 that it has been awarded a seven year contract by innogy SE, an European energy company, to manage their data center and cloud services.

Wipro announced that it has joined The Linux Foundation as a Silver Member. The Linux Foundation is a nonprofit organization enabling mass innovation through open source technologies. Wipro has identified open source technologies as one of the strategic client themes to drive transformation across the enterprise. The announcement was made after market hours yesterday, 14 September 2017.

HCL Infosystems announced that the National Stock Exchange of India (NSE), vide its letter dated 13 September 2017, has given its approval for the reclassification of the promoters and members of the promoter group of the company as public shareholders. A total of 10 erstwhile promoter entities were reclassified as public shareholders viz. Apollo Trading and Finance holding 0.6% stake end June 2017, BFL Investments and Financial Consultants (0.6%), Vireet Investments (0.82%), AKM Systems (5.38%), Gita Chowdhry (0.07%), Ajai Chowdhry (0.09%), Poorva Malhotra (0.01%), Kiran Malhotra (0.03%), Shiven Malhotra (0.01%) and Akshay Chowdhry (0%). The announcement was made after market hours yesterday, 14 September 2017.

Hinduja Ventures announced that its board on 14 September 2017, accorded its approval for making an aggregate investment of Rs 7.94 crore by subscribing to 7.89 lakh equity shares of Rs 10 each offered to the company on rights basis in the proportion of 1 new equity share for every 28 equity shares (1:28) by Hinduja Leyland Finance (HLFL) at a price of Rs 100 per share and 4,883 equity shares of HLFL renounced in favour of the company at a price of Rs 100 per share. The announcement was made after market hours yesterday, 14 September 2017.

Corporation Bank has fixed Marginal Cost of Funds Based Lending Rate (MCLR) from 15 September 2017. The announcement was made after market hours yesterday, 14 September 2017. MCLR for overnight loans will be 8.1%, the rate for one month will be 8.1% and for three months it will be 8.2%.

Ujaas Energy announced that it has received letter of award from Oil India for engineering, procurement and construction contract for Solar Energy Generation project of 500KW at pump station of Oil India at Jorhat in Assam. The announcement was made after market hours yesterday, 14 September 2017.

Piramal Enterprises announced that administrative committee of the board of directors of the company approved the allotment of 3,300 secured, redeemable, non-convertible debentures having face value of Rs 10 lakh each totalling Rs 330 crore on private placement basis. The announcement was made after market hours yesterday, 14 September 2017.

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