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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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Bharat Gears to hold board meeting
May 12,2017

Bharat Gears will hold a meeting of the Board of Directors of the Company on 23 May 2017.

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Bhagawati Oxygen to hold board meeting
May 12,2017

Bhagawati Oxygen will hold a meeting of the Board of Directors of the Company on 18 May 2017.

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Integrated Thermoplastics to hold board meeting
May 12,2017

Integrated Thermoplastics will hold a meeting of the Board of Directors of the Company on 15 May 2017.

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Raaj Medisafe India to hold board meeting
May 12,2017

Raaj Medisafe India will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Sikozy Realtors to hold board meeting
May 12,2017

Sikozy Realtors will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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SR Industries to hold board meeting
May 12,2017

SR Industries will hold a meeting of the Board of Directors of the Company on 19 May 2017.

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Board of HCL Technologies recommends dividend
May 12,2017

HCL Technologies announced that the Board of Directors of the Company at its meeting held on 11 May 2017, inter alia, have recommended the dividend of Rs 6 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

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The Ramco Cements announces demise of Chairman & MD
May 12,2017

The Ramco Cements announced the sad demise of P.R.Ramasubrahmaneya Rajha, Chairman & Managing Director on 11 May 2017.

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Asian Paints slips after Q4 results
May 12,2017

The result was announced after market hours yesterday, 11 May 2017.

Meanwhile, the S&P BSE Sensex was down 24.99 points, or 0.08% to 30,225.99.

On the BSE, 62,000 shares were traded in the counter so far, compared with average daily volumes of 1.12 lakh shares in the past one quarter. The stock had hit a high of Rs 1,178.60 and a low of Rs 1,132 so far during the day. The stock hit a record high of Rs 1,230 on 13 October 2016. The stock hit a 52-week low of Rs 850.10 on 22 December 2016.

The stock had outperformed the market over the past one month till 11 May 2017, rising 8.90% compared with 2.05% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 17.64% as against Sensexs 6.76% rise.

The large-cap company has equity capital of Rs 95.92 crore. Face value per share is Re 1.

On a consolidated basis, Asian Paints net profit rose 11.1% to Rs 1939.42 crore on 7.8% increase in revenue from operations to Rs 17084.76 crore in the year ended March 2017 over the year ended March 2016.

The board of directors of the company at a meeting approved the reappointment of K B S Anand as Managing Director & CEO of the company for a further period of 2 (two) years with effect from 1 April 2018.

Asian Paints is Indias leading paint company and ranked among the top ten decorative coatings companies in the world.

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Board of Ventura Textiles approves preferential allotment of shares
May 12,2017

The Board of Directors of Ventura Textiles at its meeting held on 11 May 2017 has approved the allotment of not exceeding 10 lakh equity shares of face value of Rs 10 each on preferential basis to Asha Umakant Vasaikar.

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Ujjivan Financial Services allots 34,022 equity shares
May 12,2017

Ujjivan Financial Services has allotted 34,022 Equity Shares of Rs. 10/- each towards the exercise of vested stock options under various ESOP Schemes of the Company. The paid up capital has increased from Rs 119.51 crore to Rs 119.55 crore.

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Shri Rajnath Singh launches the MHA Mobile Application for Grievances Redressal of CAPF personnel
May 12,2017

The Union Home Minister Shri Rajnath Singh launched the Ministry of Home Affairs (MHA) Mobile Application for grievance redressal of the Central Armed Police Forces (CAPFs) personnel. The Union Home Minister also launched BSFMyApp on the occasion.

Speaking on the occasion, Shri Rajnath Singh said that he had proposed this App at the DGPs conference held in Hyderabad last year. He said that he wished to relate to every jawan working for nation. He congratulated the BSF for developing this App in short span of time. He said that the CPAFs are one of the most disciplined forces. If they are disciplined, this does not mean that they do not have emotions, he added. He said that they also have some personal problems and the system keeps on resolving their problems from time to time. Shri Rajnath Singh said that this App is required when the jawans feel that their problems need attention of the Ministry of Home Affairs. This has given a Digital Option to jawans to lodge their grievances and he is just one click away from jawans, the Home Minister said. Shri Rajnath Singh said that he will review the dashboard of the App every month and check the status of redressal of grievances. The MHA will intervene, wherever required, he said. He said that everybody should get benefitted from the telecom revolution.

The Home Minister also appreciated the jawans for the dedication with which they do their duty. He said that the Government is making efforts for the welfare of jawans. He said that to curb stagnation, 34,000 jawans have been promoted to Head constable position. He also said that the families of the jawans, who sacrifice their life for the nation, should get minimum assistance of Rs one crore. He said that the Government has recently launched a web portal n++Bharat ke veern++ to enable the willing donors to contribute towards the family of a braveheart who sacrificed his/her life in line of duty. The web portal is getting very good response, he added.

The MHA Mobile App has been developed in view of the fact that personnel of various Central Armed Police Forces are discharging their duties at their places of duty all over the Country. In the course of discharging their duties, they come across various personal/service related problems which can be addressed and re-addressed by their organizations. All Central Armed Police Forces have well organized mechanism for Redressal of Grievances of their personnel. Notwithstanding, there are still some personnel who feel that their grievances need further consideration and better solution. As a result, they have a keen desire to raise their level of grievances to the level of Ministry of Home Affairs (MHA). This required a suitable mechanism to enable Force personnel to submit their grievances to MHA and at the same time provide an opportunity to their organization for further consideration of their requests. Considering this requirement, the MHA Mobile App provides a common system in which all personnel of various CAPFs can submit their grievances through a Mobile Application and the same provides respective Forces to receive the submitted grievance for further action. The Mobile application also has a provision for MHA to continuously monitor the action taken by various CAPFs on their grievances and regulate the process for further improvement in the Grievance Redressal System.

The BSFMyApp launched on the occasion has been developed to cater to the requirement of BSF personnel regarding Grievance Redressal as well as various other service and welfare related issues of the Force personnel, deployed in the field. It provides mechanism to address issues related to Pay, GPF, Leave, Deputation etc. The most significant feature of the Application is its Financial Literacy Module which not only educates BSF Personnel about investment of their savings but also facilitates investment in a safe and systematic manner.

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Board of Gujarat Pipavav Port approves change in directors
May 12,2017

The Board of Directors of the Gujarat Pipavav Port at its meeting held on 11 May 2017 has appointed David Skov and Jan Damgaard Sorensen as Directors in place of Rizwan Soomar and Ahmed Hassan respectively. They are Directors representing the promoter company APM Terminals.

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Board of Integra Engineering India accepts resignation of director
May 12,2017

The Board of Directors of Integra Engineering India has accepted the resignation of Satish Parekh as Whole Time Director of the Company with immediate effect.

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Board of Stylam Industries approves preferential allotment of 8.5 lakh equity shares
May 12,2017

Stylam Industries announced that the Board of Directors of the Company at its meeting held on 11 May 2017 has considered and approved allotment of 8,50,000 Equity shares (Issue Shares) of Rs. 10 each, on a preferential basis for cash at a price of Rs. 601/- (Rupees Six Hundred One Only) per Issue Share aggregating upto Rs. 51,08,50,000/- (Rupees Fifty One Crore Eight Lakh Fifty Thousand Only), including premium of Rs. 591/- (Rupees Five Hundred Ninety One Only) per Issue Share, to non-promoters (Lighthouse Emerging India Investors).

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