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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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Board of CG-VAK Software & Exports recommends final dividend
Jun 14,2017

CG-VAK Software & Exports announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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CG-VAK Software & Exports to hold AGM
Jun 14,2017

CG-VAK Software & Exports announced that the 22th Annual General Meeting(AGM) of the company on 25 September 2017.

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Board of Excel Industries recommends final dividend
Jun 14,2017

Excel Industries announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 120%) , subject to the approval of the shareholders.

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Atishay to hold AGM
Jun 14,2017

Atishay announced that the 17th Annual General Meeting(AGM) of the company on 19 July 2017.

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Board of Swastik Safe Deposit & Investments recommends final dividend
Jun 14,2017

Swastik Safe Deposit & Investments announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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High Energy Batteries (India) to hold AGM
Jun 14,2017

High Energy Batteries (India) announced that the 56th Annual General Meeting(AGM) of the company on 5 August 2017.

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Just Dial recovers after recent rally
Jun 14,2017

Meanwhile, the S&P BSE Sensex was down 8.44 points, or 0.03% at 31,095.05.The S&P BSE Small-Cap index was down 19.04 points, or 0.12% at 15,498.89.

On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 1.53 lakh shares in the past two weeks. The stock had hit a high of Rs 415 and a low of Rs 399 so far during the day. The stock had hit a 52-week high of Rs 671.30 on 22 June 2016 and a 52-week low of Rs 318.20 on 27 December 2016.

Just Dial had declined 9.48% in the preceding six trading sessions to settle at Rs 404.65 yesterday, 13 June 2017, from its close of Rs 447.05 on 5 June 2017.

Just Dials net profit fell 37.1% to Rs 25.35 crore on 5.9% increase in net sales to Rs 181.72 crore in Q4 March 2017 over Q4 March 2016.

Just Dial is a leading local search engine in India.

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Kellton Tech Solutions gains after partnering BEC (Systems Integration)
Jun 14,2017

The announcement was made after market hours yesterday, 13 June 2017.

Meanwhile, the S&P BSE Sensex was down 8.34 points, or 0.03% to 31,095.15.

On the BSE, 5,592 shares were traded in the counter so far, compared with average daily volumes of 13,240 shares in the past one quarter. The stock had hit a high of Rs 114.65 and a low of Rs 110.65 so far during the day. The stock hit a 52-week high of Rs 178.90 on 15 June 2016. The stock hit a 52-week low of Rs 79 on 18 October 2016.

The stock had underperformed the market over the past one month till 13 June 2017, falling 12.95% compared with 2.58% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 16.59% as against Sensexs 5.80% rise. The scrip had also underperformed the market in past one year, falling 36.66% as against Sensexs 17.84% rise.

The small-cap company has equity capital of Rs 23.58 crore. Face value per share is Rs 5.

Kellton Tech Solutions said that the partnership will help infuse SAPs latest capabilities into BECs solutions, enabling them to successfully implement S/4 HANA migration. Based on its eSmart Data Capture software suite, BECs innovative solutions leverage the power of ERP to deliver improved accuracy and productivity within its clients warehouse, distribution centre and manufacturing departments.

BEC (Systems Integration) is a specialist provider of automated data capture solutions for use in the supply chain and manufacturing industry.

On a consolidated basis, net profit of Kellton Tech Solutions rose 2.43% to Rs 14.31 crore on 4.50% rise in net sales to Rs 165.36 crore in Q4 March 2017 over Q3 December 2016.

Kellton Tech Solutions is a global IT services organisation. The company is committed to providing end-to-end IT solutions, strategic technology consulting, and offshore product development services.

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Just Dial recovers after recent slide
Jun 14,2017

Meanwhile, the S&P BSE Sensex was down 8.44 points, or 0.03% at 31,095.05.The S&P BSE Small-Cap index was down 19.04 points, or 0.12% at 15,498.89.

On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 1.53 lakh shares in the past two weeks. The stock had hit a high of Rs 415 and a low of Rs 399 so far during the day. The stock had hit a 52-week high of Rs 671.30 on 22 June 2016 and a 52-week low of Rs 318.20 on 27 December 2016.

Just Dial had declined 9.48% in the preceding six trading sessions to settle at Rs 404.65 yesterday, 13 June 2017, from its close of Rs 447.05 on 5 June 2017.

Just Dials net profit fell 37.1% to Rs 25.35 crore on 5.9% increase in net sales to Rs 181.72 crore in Q4 March 2017 over Q4 March 2016.

Just Dial is a leading local search engine in India.

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EPFO e-court Management System launched
Jun 14,2017

For the benefit international workers, new instructions have been issued to all field functionaries regarding COC (Certificate of Coverage). Employer is advised to submit the application form for COC one month in advance and COC are issued prior to departure of the employee from India. Also, COC period should not exceed 60 months or the specified period in the SSA with that country without derogation from the competent authority. COC should not be issued for a period which commence much later than date of posting of the Indian worker in the host country for employment. There should not be any overlapping of the period of coverage. There should not be gaps when more than one COC is issued to the same posted worker as these results in lack of Social Security coverage during the gaps.

New Software has been launched on 27.05.2017 to further streamline the monitoring and supervision of the performance of exempted Trusts under EPF & MP Act, 1952, wherein performance of all exempted establishments / trusts is proposed to be monitored on regular basis and ranks assigned for periodical publishing on EPFO website. Exempted establishments have been cautioned that non filing of returns for 3 consecutive months shall result in cancellation of exemption granted to the establishment. .

EPFO e-court Management System launched on 16th May 2017 the objective of which is a transparent and electronic case management system. All paper/evidence/documents can be filed online and the status can also be viewed online.

EPFO has decided to make Aadhar mandatory. All field offices are directed to ensure that Aadhaar Number is furnished by the employer in respect of all new members who join the EPS, 1995 with effect from 1st July, 2017 except North East States where it would be applicable w .e. f. 01-10-2017. Further, the claim settlement period has been reduced to 10 days from 20 days and grievance redressal period is reduced to 15 days from 20 days.

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Emkay Global drops after recent sharp rally
Jun 14,2017

Meanwhile, the S&P BSE Sensex was up 37.92 points or 0.12% at 31,141.41. The S&P BSE Small-Cap index rose 20.96 points or 0.14% at 15,538.89.

On the BSE, 46,000 shares were traded on the counter so far as against the average daily volumes of 1.18 lakh shares in the past two weeks. The stock had hit a high of Rs 137.95 and a low of Rs 130.95 so far during the day. The stock had hit a 52-week high of Rs 141.05 yesterday, 13 June 2017 and a 52-week low of Rs 51 on 22 November 2016.

Shares of Emkay Global Financial Services had rallied 60.28% in the preceding six trading sessions to settle at Rs 136.40 yesterday, 13 June 2017, from its closing of Rs 85.10 on 5 June 2017.

Meanwhile, Emkay Global Financial Services said that company and DBS Vickers Securities (Singapore) Pte Ltd, a wholly owned subsidiary of DBS Bank have signed an exclusive agreement for sharing of knowledge, co-branding of research and its distribution to the global clients of DBS Vickers.

The alliance would facilitate DBS Vickers to enhance its service offering to its clients, while enabling Emkay to expand its reach. The announcement was made after market hours yesterday, 13 June 2017.

On consolidated basis, Emkay Global Financial Services net profit surged 95.2% to Rs 4.04 crore on 23% growth in total income to Rs 32.01 crore in Q4 March 2017 over Q4 March 2016.

Emkay Global Financial Services is involved in providing financial services and solutions, such as investment banking, institutional equities, private client broking and depository services.

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Board of Sun Techno Overseas approves change in directorate
Jun 14,2017

The Board of Sun Techno Overseas at its meeting held on 13 June 2017 has considered the following -

Appointment of Aishwarya Modi as Additional Director of the Company with effect from 01 June 2017.

Resignation of Kalpesh Palan, Udayraj Shekhva and Ramanlal Trivedi as Director with effect from 01 June 2017.

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L&T Finance Holdings announces change in directorate
Jun 14,2017

The Board of Directors of L&T Finance Holdings vide resolution dated 12 June 2017 has approved the appointment of the following directors with effect from 15 June 2017 -

Nishi Vasudeva - Additional Director
Vaishali Kasture - Additional Director
Pavninder Singh - Nominee Director

Further, Amit Chandra will cease to be the Nominee Director w.e.f. 15 June 2017.

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Board of Sun & Shine Worldwide approves change in directorate
Jun 14,2017

The Board of Directors of Sun & Shine Worldwide at its meeting held on 13 June 2017 has approved the following -

Appointment of Aishwarya Modi as Additional Director of the Company with effect from 01 June 2017.

Resignation of Ramanlal Trivedi as Director of the Company with effect from 01 June 2017.

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Mindteck (India) fixes record date for dividend
Jun 14,2017

Mindteck (India) has fixed 04 August 2017 as record date for payment of dividend.

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