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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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Coal India provides update on subsidiary - Northern Coalfields
Feb 25,2017

Coal India announced that the Board of Directors of Northern Coalfields (subsidiary of Coal India) at its meeting held on 24 February 2017 has considered and approved the buyback of 76,356 fully paid up equity shares of face value of Rs 1000 each from the members of NCL on a proportionate basis through tender offer (representing 4.2975% of the total number of equity shares in the paid up share capital of Northern Coalfields) for an aggregate amount not exceeding Rs 1244.1218 crore being 25% of the paid up equity shares capital and free reserves as per its limited reviewed unaudited financials for the period 01 April 2016 to 31 December 2016 at a price of Rs 1,62,937 per equity shares, payable in cash, subject to the approval of shareholders of Northern Coalfields.

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Solix Technologies partners with Taadin Data Technology
Feb 25,2017

TechNVision Ventures affiliate, Solix Technologies announced a partnership with Taadin Data Technology, a data management services and solutions company serving the MENA region, to provide comprehensive data management and archiving solutions.

Taadin Data Technology will offer the Solix Big Data Suite and Solix Enterprise Data Management Suite to its customers, providing support for enterprise archiving, application retirement and advance analytics on low-cost Apache Hadoop.

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Solix Technologies partners with Taadin Data Technology
Feb 25,2017

TechNVision Ventures affiliate, Solix Technologies announced a partnership with Taadin Data Technology, a data management services and solutions company serving the MENA region, to provide comprehensive data management and archiving solutions.

Taadin Data Technology will offer the Solix Big Data Suite and Solix Enterprise Data Management Suite to its customers, providing support for enterprise archiving, application retirement and advance analytics on low-cost Apache Hadoop.

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Centrum Capital plans to raise funds upto Rs 50 crore
Feb 25,2017

Centrum Capital announced that the Fund Raising Committee in its meeting held on 25 February 2017 has approved an issuance of Secured, Unlisted, Unrated, Redeemable, Non-Convertible, Principal Protected Market Linked Debentures of upto an amount of Rs. 50 crore to be issued in one or more series by way of private placement.

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L&T Hydrocarbons Engineering bags an onshore EPC contract worth Rs 1100 cr
Feb 25,2017

L&T Hydrocarbons Engineering, a wholly owned subsidiary of Larsen & Toubro, has bagged an onshore EPC contract from Indian Oil Corporation worth around Rs 1100 crore for setting up a 0.740 MMTPA Fluidised Cracking Unit including LPG Treatment Facility at their Bongaigaon Refinery, Assam.

The process licensor for the INDMAX unit is Lummus Technology Inc. For the LPG treatment unit, the process licensor is Merichem, USA. L&T Hydrocarbons Engineering has the distinction of executing all INDMAX FCC units including Indian Oil Corporations Guwahati and Paradip Refinery.

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Inox Leisure commences commercial operation of Multiplex in Jamnagar
Feb 25,2017

Inox Leisure announced that the Company has commenced the Commercial Operations of a Multiplex Cinema Theatre, taken on Lease basis, and located at 4th Floor, Crystal Mall, Airport Road, Jamnagar, Gujarat - 361006 with effect from 24 February 2017.

The said Multiplex Cinema Theatre has 5 screens and 954 seats.

Inox is now present in 58 cities with 115 Multiplexes, 454 screens and a total seating capacity of 1,15,125 seats across India.

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Sun Pharma Advanced Research Company receives IT Demand Notice
Feb 24,2017

Sun Pharma Advanced Research Company announced that the Company is in receipt of a Demand Notice under section 156 of the Income Tax, 1961 demanding the payment by the Company of a sum of Rs.32.87 crore for the Assessment year 2013-14.

The Company is contesting the demand and would file an appropriate appeal against this order under the applicable provisions of the Income Tax Act, 1961 within the stipulated period.

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Sanathnagar Enterprises announces cessation of company secretary and compliance officer
Feb 24,2017

Sanathnagar Enterprises announced that Sharatkumar Shetty has ceased to be the Company Secretary and Compliance officer of the Company with effect from close of business hours as on 24 February 2017.

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K.P. Energy gets ratings assigned for bank facilities
Feb 24,2017

K.P. Energy announced that Credit Analysis and Research has assigned the following ratings -

Long term bank facilities (Rs 40.98 crore) - CARE BBB-
Long term bank facilities/ short term bank facilities (Rs 9 crore) - CARE BBB-/A3

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Ruby Mills commences operations at unit in Khalapur
Feb 24,2017

Ruby Mills announced that the operations of the processing unit at Village Kharsundi, Taluka Khalapur have been resumed from 24 February 2017.

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Ruby Mills commences operations at unit in Khalapur
Feb 24,2017

Ruby Mills announced that the operations of the processing unit at Village Kharsundi, Taluka Khalapur have been resumed from 24 February 2017.

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Skipper gets reaffirmation of rating for commercial paper
Feb 24,2017

Skipper announced that CARE Ratings has reaffirmed its rating for commercial paper (Rs 100 crore) of the Company at CARE A1+.

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Skipper gets reaffirmation of rating for commercial paper
Feb 24,2017

Skipper announced that CARE Ratings has reaffirmed its rating for commercial paper (Rs 100 crore) of the Company at CARE A1+.

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Tata Communications positioned as Leader in 2017 Magic Quadrant for Network Services
Feb 24,2017

Tata Communications has been positioned by Gartner as a Leader in its 2017 Magic Quadrant for Network Services. Designed by Gartnerto examine how effectively providers meet the current needs of business in terms of both completeness of vision and ability to execute, 2017 marks the fourth year in a row that Tata Communications has been positioned in the Leaders quadrant.

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Tata Communications positioned as Leader in 2017 Magic Quadrant for Network Services
Feb 24,2017

Tata Communications has been positioned by Gartner as a Leader in its 2017 Magic Quadrant for Network Services. Designed by Gartnerto examine how effectively providers meet the current needs of business in terms of both completeness of vision and ability to execute, 2017 marks the fourth year in a row that Tata Communications has been positioned in the Leaders quadrant.

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