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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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South Indian Bank revises MCLR rates
Aug 19,2017

South Indian Bank has revised the MCLR rates with effect from 20 August 2017 as under -

Overnight - 7.90%
One month - 8%
Three month - 8.15%
Six month - 8.45%
One year - 9%

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Outcome of board meeting of IOL Chemicals & Pharmaceuticals
Aug 19,2017

IOL Chemicals & Pharmaceuticals announced that the Board of directors of the Company at its meeting held on 18 August 2017 has taken note of increase in manufacturing capacity of the Ibuprofen from 6200 TPA to 7200 TPA by conversion of existing multipurpose plant.

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Board of Amaze Entertech approves change in directorate and CFO
Aug 19,2017

Amaze Entertech announced that the Board of Directors of the Company at its meeting held on 18 August 2017 has approved the following change -

Resignation of Yatin Mehta as CFO of the Company.
Appointment of Harsh Mehta as Additional Director and CFO of the Company.
Resignation of Saurabh Rathod as Director of the Company.

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Rushil Decor receives ratings for LT bank facilities
Aug 19,2017

Rushil Decor has received IND-A- rating for Long term Bank facilities from Credit Rating Agency INDIA RATINGS & RESEARCH, A FITCH RATING GROUP

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Terai Tea Co gets ratings for bank facilities
Aug 19,2017

Terai Tea Co announced that CRISIL has maintained its credit rating on the bank facilities of the Company as under -

Long term rating: BBB-/Stable
Short term rating: CRISIL A3

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Board of SRG Housing Finance approves issue of NCDs upto Rs 25 cr
Aug 19,2017

SRG Housing Finance announced that the Board of Directors of the Company at its meeting held on 19 August 2017 has approved the following -

Issue of Secured Rated Listed Redeemable Non-Convertible Debentures upto an amount of Rs. 25 Crore to be issued in one or more tranches, on private placement basis, on such terms and conditions as approved by Board, along with the documents which are required to be executed in relation to the issue.

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Youth in large nos. approaching govt. to set up startups in north-eastern states: Dr Jitendra Singh
Aug 19,2017

More number of youngsters from across India are approaching the union government to set up startups in north-eastern states under the Startup India, Standup India, programme, union minister Dr Jitendra Singh said at an ASSOCHAM event.

n++Any youngster who decides to set up startups in north-east will in addition to all the provisions available in the Government of India programme will also get initial venture capital fund from North-East ministry, so that they do not have any financial liability,n++ said Dr Singh.

The minister of state in Prime Ministers Office also said that the government is building necessary infrastructure to promote north-eastern states as a favourite destination of startup ventures in the country.

He also termed the Startup India, Standup India, programme as the most unique programme in the world as it offers unprecedented incentives like three years of tax holiday and three months of exit period.

The minister said that it is due to present governments efforts that a big headway had been made and entrepreneurship potential of India which was not being realised earlier at any level of the society is now being realised.

n++That kind of milieu has been provided by the present government as the aptitudes were there but motivation was lacking, perhaps infrastructural difficulties were there,n++ said Dr Singh.

He also said that a reverse brain drain has been happening in India during the course of past couple of years.

n++You must have realised that as a result of proactive outreach by the Prime Minister himself, it is not only the foreign investors who are now looking up to India as a destination, many of those who had left India in search of green pastures and settled abroad are now looking forward to opportunities to get back to India,n++ said Dr Singh.

n++This is the phenomenon that I have observed only in the last 2-3 years,n++ he added.

n++So this itself is a very impartial evidence of the kind of change in the business atmosphere which is being witnessed in India and I am sure in the years to come this country is going to be one of the most attractive destinations for startups and entrepreneurs,n++ further said the minister.

He also said that India has visibly risen so far as entrepreneurship was concerned. n++We have challenges of population, infrastructure, heterogeneity and accessibility but what is heartening is that in last three years, there has been a honest, sincere and sustained effort to overcome even these hassles.n++

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Board of United Drilling Tools recommends final dividend
Aug 19,2017

United Drilling Tools announced that the Board of Directors of the Company at its meeting held on 11 August 2017, inter alia, have recommended the final dividend of Rs 1.2 per equity Share (i.e. 12%) , subject to the approval of the shareholders.

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National Plastic Technologies to declare Quarterly Result
Aug 19,2017

National Plastic Technologies will hold a meeting of the Board of Directors of the Company on 24 August 2017.

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Omega Interactive Technologies schedules board meeting
Aug 19,2017

Omega Interactive Technologies will hold a meeting of the Board of Directors of the Company on 12 September 2017.

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Rathi Graphic Technologies announces board meeting date
Aug 19,2017

Rathi Graphic Technologies will hold a meeting of the Board of Directors of the Company on 25 August 2017.

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Polygenta Technologies to discuss results
Aug 19,2017

Polygenta Technologies will hold a meeting of the Board of Directors of the Company on 23 August 2017.

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SRG Housing Finance to discuss results
Aug 19,2017

SRG Housing Finance will hold a meeting of the Board of Directors of the Company on 21 August 2017.

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Cantabil Retail India to convene board meeting
Aug 19,2017

Cantabil Retail India will hold a meeting of the Board of Directors of the Company on 25 August 2017.

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ND Metal Industries announces board meeting date
Aug 19,2017

ND Metal Industries will hold a meeting of the Board of Directors of the Company on 12 September 2017.

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