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Carborundum Universal consolidated net profit declines 1 95% in the March 2021 quarter

Carborundum Universal allots 57,444 equity shares under ESOP

Carborundum Universal has allotted 57,444 shares of Re.1/- each arising out of the exercise of stock options, granted to the option grantees of the Company under the Employees Stock Option Scheme 2007 and ESOP Plan 2016 respectively on 10 March 2021. Consequent to this allotment, the number of equity shares outstanding is 189,572,578 and the paid-up equity share capital is Rs. 189,572,578/- Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain c

Arts briefs: Live streaming concert with Reynolda Quartet scheduled for March 14

The Reynolda Quartet will present a livestreamed concert at 3 p.m. March 14. The quartet, composed of violinists Ida Bieler and Janet Orenstein, violist Ulrich Eichenauer and cellist Brooks Whitehouse, all of whom serve as faculty at UNCSA, will perform “Concert of Gratitude,” the second concert in collaboration with Reynolda House. Cost is $10 per household at tinyurl.com/zzz69ywc. Seeking artists Yadkin Arts Council has issued a call for art for its 2021 juried exhibition at Welborn Gallery. Artists from across North Carolina are eligible to participate in the 10th annual exhibit, which will be on display from July 1 to Aug. 27.

Amara Raja starts work on lithium-ion cells, sets up tech hub at Tirupati

Amara Raja Batteries, the country s second-largest automotive battery maker, has opened the country s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. The advanced lithium-ion technology research hub, the pilot project located at its headquarters in Tirupati, will become the country s first lithium-ion cell manufacturing facility in the private sector over the next few years, Amara Raja Batteries CEO S Vijayanand told PTI. The company has a technology transfer agreement with the Indian Space Research Organisation (ISRO) since early 2019. Vijayanand said Amara Raj has already invested Rs 20 crore into the hub, excluding technology transfer and bidding fees paid to the ISRO in January 2019 when the company along with nine others won competitive bids from the national space agency.

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