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Bayer to acquire Monsanto in all cash transaction

Bayer to acquire Monsanto in all cash transaction

Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

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China Stocks close down
Mar 02,2017

Mainland China stock market closed lower on Thursday, 02 March 2017, dragged down by infrastructure and real estate stocks, after a poll showed growth in Chinas home prices will slow significantly on continuing government curbs and tighter credit conditions in 2017. At the close, the benchmark Shanghai Composite Index lost 0.52% to 3,230.03 points. The blue-chip CSI 300 index declined 0.67% to 3,435.10 points. The Shenzhen Component Index edged down 0.5% to 10,367.3. The ChiNext Index, which tracks Chinas NASDAQ-style board of growth enterprises, slumped 0.60% to 1,920.40 points.

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TCS launches HOBS V6.0
Mar 02,2017

Tata Consultancy Services has launched the next version of HOBS (Hosted OSS/BSS) - a TM Forum certified platform for digital enterprises - at Mobile World Congress in Barcelona.

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Hong Kong Stocks surrender gains on profit-taking
Mar 02,2017

The Hong Kong stock market closed down after wiping out initial gains on Thursday, 02 March 2017, as some investors took advantage of the upbeat market to lock in profits. The change of direction in the afternoon was partly triggered by bearish sentiment on the mainland, where investors were worried about liquidity amid growing expectations that the U.S. Federal Reserve will raise interest rates this month. The Hang Seng Index fell 0.2% or 48.4 points to 23,782.1 while the Hang Seng China Enterprises Index dropped 0.4% to 10,246.9. Market turnover on the Hong Kong main board was HK$82.1 billion, slightly higher than Wednesdays HK$76.2 billion.

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Board of Zenotech Laboratories approves winding up of subsidiary in Nigeria
Mar 02,2017

The Board of Directors of Zenotech Laboratories on 02 March 2017 has approved by way of resolution by circulation, the winding up of Zenotech Laboratories Nigeria, Nigeria, the subsidiary of the Company and has authorised the management to take appropriate actions for initiating the process of winding up of the subsidiary.

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Geometric fixes record date for scheme of arrangement and amalgamation
Mar 02,2017

Geometric has fixed 15 March 2017 as the record date for determining the shareholders of the Company to whom shares of HCL Technologies and 3DPLM Software Solutions will be allotted pursuant to scheme of arrangement and amalgamation.

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Geometric provides update on scheme of arrangement and amalgamation
Mar 02,2017

Geometric announced that the Scheme of Arrangement & Amalgamation between Geometric, HCL Technologies and 3D PLM Software Solutions has become effective on 02 March 2017. Under the transaction the entire business of Geometric has been transferred to HCL. Simultaneously Geometric has been merged into 3D PLM.

The Company has fixed March 15, 2017 as the record date for determining the shareholders of the Company to whom shares of HCL and 3D PLM will be allotted pursuant to the Scheme.

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Board of Accel Frontline approves sale of entire stake in subsidiary - Accel Systems & Technologies
Mar 02,2017

Accel Frontline announced that the Board of Directors of the Company at its meeting held on 01 March 2017 has subject to obtaining approval of the shareholders, approved the sale of the entire stake of a Subsidiary Company Accel Systems & Technologies, Singapore ( ASTL ).

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A2Z Infra Engineering wins contract worth USD 7.06 million
Mar 02,2017

A2Z Infra Engineering has secured a contract Grid Solar and Energy Efficiency Project, Nepal Electricity Authority for Design, Supply, Delivery, Installation, testing and Commissioning of 33/11 KV Substations and 33 KV Lines for the contract price aggregating to USD 7,066,613.41.

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Corporate Courier & Cargo secures a contract
Mar 02,2017

Corporate Courier & Cargo has secured a contract worth Rs 50 lakh from a construction company. The contract execution will be commenced in Q4 and is expected to contribute to the Top Line and Bottom Line inQ 4 current Fiscal.

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Hindalco provides update on QIP issue
Mar 02,2017

Hindalco Industries announced that the Capital Raising Committee of the Company at its meeting held on 02 March 2017 has passed the following resolutions:

Authorising the opening of the QIP on 02 March 2017;

Approving and adopting the preliminary placement document dated 02 March 2017 in connection with the QIP; and

Approval of the floor price of Rs 184.45 per equity share for the QIP.

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FPIs in selling mode
Mar 02,2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 4.78 crore into the secondary equity markets yesterday, 1 March 2017, compared with net inflow of Rs 1186.74 crore on 28 February 2017. On that day, the Sensex jumped 241.17 points or 0.84% to settle at 28,984.49, its highest closing level since 8 September 2016.

The net outflow of Rs 4.78 crore on 1 March 2017 was a result of gross purchases of Rs 5234.69 crore and gross sales of Rs 5239.47 crore.

There was a net outflow of Rs 92.43 crore from the category primary market & others on 1 March 2017, which was a result of gross purchases of Rs 2.27 crore and gross sales of Rs 94.70 crore.

FPIs bought stocks worth a net Rs 8322.23 crore in February 2017. They had sold stocks worth a net Rs 1315.13 crore in January 2017. FPIs have purchased shares worth a net Rs 8189.06 crore from the secondary equity markets in calendar year 2017 so far (till 1 March 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There was a net inflow of Rs 1579.95 crore from FPIs into the category primary market & others in February 2017. FPIs bought stocks worth Rs 138.53 crore from the category primary market & others in January 2017. FPIs have purchased shares worth a net Rs 1473.38 crore from the category primary markets & others in calendar year 2017 so far (till 1 March 2017). The net inflow from FPIs in the category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Rupee closes higher
Mar 02,2017

Rupee closed higher at 66.8975/90 per dollar on Thursday (02 March 2017), versus its previous close of 67.0375/0400 per dollar.

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Mipco Seamless Rings (Gujarat) to hold board meeting
Mar 02,2017

Mipco Seamless Rings (Gujarat) will hold a meeting of the Board of Directors of the Company on 15 March 2017, to consider the resignation of Mr. Siva Prasad Chukka as Chief Financial Officer of the company.

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Vikas Granaries to hold board meeting
Mar 02,2017

Vikas Granaries will hold a meeting of the Board of Directors of the Company on 9 March 2017.

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ISF to hold board meeting
Mar 02,2017

ISF will hold a meeting of the Board of Directors of the Company on 7 March 2017, to approve the allotment of Equity Warrant to person other than Promoters.

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