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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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Bharti Airtel and Millicom enter into agreement
Mar 03,2017

Bharti Airtel and Millicom International Cellular S.A. announced that they have, through their respective subsidiaries, entered into an agreement for Tigo Ghana and Airtel Ghana to combine their operations in Ghana. As per the agreement, Airtel and Millicom would have equal ownership and governance rights in the combined entity.

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Board of Harita Seating Systems recommends dividend
Mar 03,2017

Harita Seating Systems announced that the Board of Directors of the Company at its meeting held on 3 March 2017, inter alia, have recommended the dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Vista Pharmaceuticals to hold board meeting
Mar 03,2017

Vista Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 7 March 2017, to consider Proposal for raising of funds by way of issue of equity/warrants or debt.,Any other business with the permission of the Chair.

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IndusInd Bank strengthens presence in Gurgaon
Mar 03,2017

IndusInd Bank has recently inaugurated a branch in Gurgaon. The new branch is located at F-1 to F-4, Qutub Plaza, DLF Phase-1, Gurgaon, Haryana. With the inauguration of this branch, the Bank now has 29 branches in Gurgaon City.

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IndusInd Bank strengthens presence in Gurgaon
Mar 03,2017

IndusInd Bank has recently inaugurated a branch in Gurgaon. The new branch is located at F-1 to F-4, Qutub Plaza, DLF Phase-1, Gurgaon, Haryana. With the inauguration of this branch, the Bank now has 29 branches in Gurgaon City.

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Goa Carbon resumes operations at Bilaspur Unit
Mar 03,2017

Goa Carbon announced that its Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chattisgarh), has resumed operations from 02 March 2017.

There would not be any financial impact due to the temporary shutdown of the Companys Bilaspur Unit as there was sufficient inventory of finished material.

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Goa Carbon resumes operations at Bilaspur Unit
Mar 03,2017

Goa Carbon announced that its Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chattisgarh), has resumed operations from 02 March 2017.

There would not be any financial impact due to the temporary shutdown of the Companys Bilaspur Unit as there was sufficient inventory of finished material.

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Pidilite Industries allots 7,400 equity shares
Mar 03,2017

Pidilite Industries has allotted on 03 March 2017, 7400 equity shares of face value of Re.1/- each in the share capital of the Company for cash at par to the eligible employees of the Company who exercised their stock option under ESOS-2012. These shares shall rank pari passu, in all respects with the existing equity shares of the Company.

After allotment of aforesaid equity shares, the share capital of the Company stands increased from 51,26,75,330 to 51,26,82,730.

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Pidilite Industries allots 7,400 equity shares
Mar 03,2017

Pidilite Industries has allotted on 03 March 2017, 7400 equity shares of face value of Re.1/- each in the share capital of the Company for cash at par to the eligible employees of the Company who exercised their stock option under ESOS-2012. These shares shall rank pari passu, in all respects with the existing equity shares of the Company.

After allotment of aforesaid equity shares, the share capital of the Company stands increased from 51,26,75,330 to 51,26,82,730.

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Rupee closes lower
Mar 03,2017

Rupee closed lower at 67.0025/0100 per dollar on Friday (03 March 2017), versus its previous close of 66.8975/90 per dollar.

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MSTC supports the Promotion of Agri-Forest Produce of the North Eastern Region
Mar 03,2017

The Minister of State (Steel) Shri Vishnu Deo Sai said that the North-East Region is endowed with a climate for rich agri and forest produce but the growers do not have any market access for their produce and are compelled to be exploited by middle men leading to a very pitiable situation for them. The situation is also aggravated due to the lack of proper logistic supports in the region.

The Minister appreciated MSTCs vision towards developing an eco system bringing all the enabling partners such as North-Eastern Regional Agriculture and Marketing Corporation (NERAMAC), Central Railside Warehousing Corporation (CRWC), Packaging Company and Inland Waterways Authority (IWA).

The above ecosystem will not only improve the financial status of the growers but also prevent the crops from colossal wastage and make niche products available to the rest of the country. This collaborative effort may play an important role as envisaged in the Government Policy for the development of the north-east region.

In order to provide direct market access to the growers of the North-East region and also effective co-ordination and required services amongst the above agencies, MSTC has recently opened an office at Guwahati, which will be a nodal point to cater to the needs of all the sister states of the North-East.

MSTC, a PSU under Ministry of Steel has also been rendering services to the oil marketing companies and paramilitary forces including defence in this region since long. In addition, MSTC is eying on all the State Government Departments of North-East states to provide e-Commerce services.

To increase its presence and services in the North East Region, the Minister of State for Steel has advised MSTC to waive off the registration fees charged to the new buyers in the North East Region to increase its buyer base and help the region in reaping the benefits of the e-commerce services.

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Lancor Holding provides update on scheme of amalgamation
Mar 03,2017

Lancor Holding announced that the Honble Madras High Court has approved the Scheme of Amalgamation of Lancor Guduvancherry Developments (LGDL - Transferor - 1) and Lancor Sriperumbudur Developments (LSDL - Transferor - 2) with Lancor Holdings (LHL - Transferee) vide order dated 03 January 2017. Subsequently the company received the certified true copy of the order on 13 February 2017.

Further, Lancor Holdings (Transferee) filed the aforesaid Court order through appropriate e-forms with the Registrar of Companies (ROC), Chennai on 28 February 2017.

Consequently, the abovementioned companies viz., Lancor Guduvancherry Developments (LGDL) and Lancor Sriperumbudur Developments (LSDL) stand merged with Lancor Holdings w.e.f. 28 February 2017.

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Lancor Holding provides update on scheme of amalgamation
Mar 03,2017

Lancor Holding announced that the Honble Madras High Court has approved the Scheme of Amalgamation of Lancor Guduvancherry Developments (LGDL - Transferor - 1) and Lancor Sriperumbudur Developments (LSDL - Transferor - 2) with Lancor Holdings (LHL - Transferee) vide order dated 03 January 2017. Subsequently the company received the certified true copy of the order on 13 February 2017.

Further, Lancor Holdings (Transferee) filed the aforesaid Court order through appropriate e-forms with the Registrar of Companies (ROC), Chennai on 28 February 2017.

Consequently, the abovementioned companies viz., Lancor Guduvancherry Developments (LGDL) and Lancor Sriperumbudur Developments (LSDL) stand merged with Lancor Holdings w.e.f. 28 February 2017.

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Board of Sadhbhav Engineering approves change in directorate
Mar 03,2017

Sadhbhav Engineering announced that the Board of Directors of the Company at its meeting held on 03 March 2017 has transacted the following -

Conferred the Honorary title of Chairman Emeritus to Vishnubhai M Patel.

The Board has appointed Shashin V Patel, Non Executive Director as Chairman of the Company due to resignation of Vishnubhai Patel on health grounds.

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Board of SRS Finance accepts resignation of director
Mar 03,2017

SRS Finance announced that the Board of Directors of the Company in its meeting held on 03 March 2017 has accepted the resignation of Naveen Tanyal, Non Executive Director from the directorship of the Company with effect from 03 March 2017.

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