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Hindustan Copper may shine after signing MoU

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Capital Market

Hindustan Copper announced that it signed an memorandum of understanding (MoU) with National Aluminium Company and Mineral Exploration Corporation on 18 September 2017 to explore the possibility of forming a joint venture company for exploration of primarily strategic minerals overseas and sale of these minerals in India and other countries for commercial use. The announcement was made after market hours yesterday, 19 September 2017.

Infosys announced that Infosys Finacle, a part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys announced its partnership with Niki.ai, a FinTech start-up that offers chat based commerce solutions. With this partnership, Finacle solution suite will be available with Niki.ai's chat-based virtual assistant - Niki. This offering will enable banks to offer its customers a virtual banking assistant for shopping products and services. The announcement was made after market hours yesterday, 19 September 2017.

 

Tata Global Beverages said it sold 1.04 crore equity shares, or 4.11% equity, of Tata Chemicals to Tata Sons as a market transaction. The announcement was made after market hours yesterday, 19 September 2017.

Entertainment Network (India) said that the company has yesterday, 19 September 2017 commenced broadcast from its radio station at Jammu (98.3 FM) - acquired under Phase 3 auctions held last financial year. The announcement was made after market hours yesterday, 19 September 2017.

Goa Carbon announced resumption of operations at the company's Bilaspur Unit in Chattisgarh from 18 September 2017 consequent to the temporary shut-down for maintenance work. There would not be any financial impact due to the temporary shutdown of the Bilaspur Unit as there was sufficient inventory to service the orders in hand. The announcement was made after market hours yesterday, 19 September 2017.

Bhagiradha Chemicals & Industries said its board will meet on 22 September 2017 to consider raising funds by issuing convertible warrants and equity shares on preferential basis. The board will also consider the postal ballot notice to get shareholders approval for the said preferential issue. The announcement was made after market hours yesterday, 19 September 2017.

Shreyas Shipping & Logistics said that the company has signed a memorandum of agreement (MOA) for acquisition of one container vessel of about 1500 teus. The delivery of the vessel is expected by mid October 2017. The announcement was made after market hours yesterday, 19 September 2017.

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First Published: Sep 20 2017 | 8:46 AM IST

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