Market Commentary     03-Apr-19
Stock Alert
Karnataka Bank in spotlight after tie-up with Bharti AXA

Karnataka Bank entered into Memorandum of Understanding with Bharti AXA Life Insurance Company for distribution of latter's life insurance products. The announcement was made after market hours yesterday, 2 April 2019.

Indraprastha Gas (IGL) has received three letters dated March 29, 2019 from Petroleum and Natural Gas Regulatory Board (PNGRB) for grant of authorization to the company for development of CGD network in the geographical areas of (i) Kaithal District (ii) Ajmer, Pali and Rajsamand District & (iii) Kanpur (Except area already authorized) District, Fatehpur and Hamirpur Districts. The announcement was made after market hours yesterday, 2 April 2019.

EdgeVerve Systems, a subsidiary of Infosys, has been selected by Al Ahli Bank of Kuwait to automate the bank's operational processes using the AssistEdge RPA platform. Ahli United Bank is one of the pioneering banks in Kuwait to innovate its banking operations using RPA. The announcement was made after market hours yesterday, 2 April 2019.

The Audit Committee and Board of Directors in their respective meetings have considered and approved the proposal to increase the stake of HEG in Bhilwara Energy, an Associate Company of HEG, from 29.48% to 49%. The announcement was made after market hours yesterday, 2 April 2019.

Lumax Auto Technologies has closed it's PCB manufacturing situated at Plot No. 918, Sector-5, IMT Manesar, Gurugram, Haryana with effect from 1 April 2019. The announcement was made after market hours yesterday, 2 April 2019.

Previous News
  Karnataka Bank
 ( Results - Analysis 27-May-23   08:44 )
  Karnataka Bank
 ( Analyst Meet / AGM - Conference Call 25-May-24   13:29 )
  Karnataka Bank board approves fund raising upto Rs 300 cr
 ( Hot Pursuit - 22-Mar-22   12:41 )
  Karnataka Bank Ltd leads losers in 'A' group
 ( Hot Pursuit - 18-Aug-22   15:00 )
  Board of Karnataka Bank approves issuance of Tier 2 bonds up to Rs 300 cr
 ( Corporate News - 22-Mar-22   12:23 )
  Karnataka Bank joins hands with FISDOM to offer stock broking services
 ( Hot Pursuit - 11-Apr-24   16:32 )
  Karnataka Bank to discuss results
 ( Corporate News - 09-Jul-21   10:14 )
  Karnataka Bank announces board meeting date
 ( Corporate News - 12-Oct-21   10:59 )
  Karnataka Bank announces resignation of company secretary
 ( Corporate News - 02-Sep-22   11:10 )
  Karnataka Bank consolidated net profit rises 5.11% in the September 2021 quarter
 ( Results - Announcements 29-Oct-21   08:11 )
  Karnataka Bank appoints director
 ( Corporate News - 28-Aug-19   09:40 )
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