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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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Rupee advances further
Jul 27,2017

Rupee closed higher on Thursday (27 July 2017) at 64.12/1225 per dollar, versus its previous close of 64.39/3925 per dollar.

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Board of NHPC defers decision on fund raising through issue of bonds
Jul 27,2017

The Board of Directors of NHPC at its meeting held on 27 July 2017 has deferred the consideration of the proposal for raising Rs 494 crore through issuance of W series corporate bonds on private placement basis.

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Board of Megh Mayur Infra approves change in directorate
Jul 27,2017

Megh Mayur Infra announced that the Board of Directors of the Company at its meeting held on 27 July 2017 approved the following change in directorate -

Appointment of Gudiya Agarwal as an Additional Director.
Resignation of Forum Shah as Director

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Board of Stellar Capital Services approves change in directorate
Jul 27,2017

The Board of Directors of Stellar Capital Services at its meeting held on 26 July 2017 have considered and approved the following matters.

1.Appointment of Babu Lal Gupta (DIN: - 07325714) as the Additional Independent Director of the Company.

2.Took on record and approved the resignation received from Seema Mangal, Independent Director of the Company and approved to relieve her from the post of Independent Director of the Company w.e.f 26 July 2017.

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Board of Vaghani Techno-Build approves change in CFO
Jul 27,2017

The Board of Vaghani Techno-Build at its meeting held on 27 July 2017 has approved change in CFO as follows -

Resignation of Grishma Savla with effect from 27 July 2018 and appointment of Manisha Kudtarkar as CFO.

Grishma Savla will continue to remain as Woman Director of the Company. Manisha Kudtarkar will also be Company Secretary cum Compliance Officer.

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Board of Indbank Merchant Banking Services approves change in directorate
Jul 27,2017

The Board of Indbank Merchant Banking Services at its meeting held on 27 July 2017 has approved change in director as follows -

Resignation of M Nagarajan as Nominee Non Executive Director.
Appointment of P A Krishnan as Nominee Non Executive Director with effect from 27 July 2017.

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Board of Ind Bank Housing approves change in directorate
Jul 27,2017

The Board of Ind Bank Housing approved the resignation of M Nagarajan from the Board and induction of of PA.Krishnan as Director at the meeting held on 27 July 2017.

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IFGL Refractories provides update on scheme of amalgamation
Jul 27,2017

IFGL Refractories announced that on 26 July 2017, the Honble National Company Law Tribunal, Kolkata Bench heard at length Companys Application being CP (CAA) No. 217/KB OF 2017 for sanction of above Scheme of Amalgamation and reserved Order thereon and necessary application is being made to the Honble National Company Law Tribunal, Kolkata Bench for the certified copy of the Order.

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Coral India Finance & Housing fixes record date for sub-division of shares
Jul 27,2017

Coral India Finance & Housing has fixed 04 August 2017 as Record date for Subdivision of shares from the Face Value of Rs. 10/- per share to Rs. 2/- per share.

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Coal imports have fallen from 217.78 Mte to 190.95 Mte. in 2016-17
Jul 27,2017

Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte in 2015-16 and further to 190.95 Mte. in 2016-17. The trend of fall in import of coal has continued in 2017-18.

The Minister further stated that as per Directorate General of Commercial Intelligence & Statistics (DGCI&S), during April-June 2017-18, 52.74 Mte. (Provisional) of coal was imported as compared to 57.38 Mte. in the corresponding period of 2016-17 showing a decline of 8.1%. The fall in imports is largely on account of enhanced production by Coal India Limited (CIL), due to which the country has moved from a regime of coal scarcity to a coal surplus situation. The vendible stock of CIL has increased form 53.62 Mt. as on 01.04.2015 to 61.92 Mt. as on 01.04.2017. The off-take / dispatch of coal of CIL has also increased from 488.86 Mt in 2014-15 to 542.82 Mt. in 2016-17. The vendible stock of CIL even on 01.07.2017 was 49.90 Mt. However, the gap between demand and supply of coal cannot be bridged completely as there is insufficient domestic availability of coking coal and power plants designed on imported coal will continue to import coal for their production, the Minister added.

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SQS India BFSI consolidated net profit declines 1.10% in the June 2017 quarter
Jul 27,2017

Net profit of SQS India BFSI declined 1.10% to Rs 9.00 crore in the quarter ended June 2017 as against Rs 9.10 crore during the previous quarter ended June 2016. Sales declined 16.96% to Rs 60.70 crore in the quarter ended June 2017 as against Rs 73.10 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales60.7073.10 -17 OPM %20.2620.79 - PBDT15.5015.50 0 PBT14.1014.50 -3 NP9.009.10 -1

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Dr Reddys Laboratories consolidated net profit declines 56.61% in the June 2017 quarter
Jul 27,2017

Net profit of Dr Reddys Laboratories declined 56.61% to Rs 66.60 crore in the quarter ended June 2017 as against Rs 153.50 crore during the previous quarter ended June 2016. Sales rose 2.52% to Rs 3315.90 crore in the quarter ended June 2017 as against Rs 3234.50 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales3315.903234.50 3 OPM %9.7512.06 - PBDT339.70442.40 -23 PBT80.50198.80 -60 NP66.60153.50 -57

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HCL Technologies consolidated net profit rises 7.65% in the June 2017 quarter
Jul 27,2017

Net profit of HCL Technologies rose 7.65% to Rs 2210.00 crore in the quarter ended June 2017 as against Rs 2053.00 crore during the previous quarter ended June 2016. Sales rose 7.16% to Rs 12149.00 crore in the quarter ended June 2017 as against Rs 11337.00 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales12149.0011337.00 7 OPM %22.1722.22 - PBDT2989.002780.00 8 PBT2762.002603.00 6 NP2210.002053.00 8

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TRF reports consolidated net loss of Rs 9.15 crore in the June 2017 quarter
Jul 27,2017

Net loss of TRF reported to Rs 9.15 crore in the quarter ended June 2017 as against net profit of Rs 8.59 crore during the previous quarter ended June 2016. Sales rose 0.23% to Rs 243.17 crore in the quarter ended June 2017 as against Rs 242.60 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales243.17242.60 0 OPM %2.714.63 - PBDT-4.040.91 PL PBT-6.37-1.51 -322 NP-9.158.59 PL

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Supreme Industries consolidated net profit declines 32.33% in the June 2017 quarter
Jul 27,2017

Net profit of Supreme Industries declined 32.33% to Rs 78.38 crore in the quarter ended June 2017 as against Rs 115.83 crore during the previous quarter ended June 2016. Sales declined 2.33% to Rs 1161.66 crore in the quarter ended June 2017 as against Rs 1189.34 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales1161.661189.34 -2 OPM %13.6616.99 - PBDT155.76192.90 -19 PBT115.17155.86 -26 NP78.38115.83 -32

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