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Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Natco Pharma leads losers in BSEs A group
Aug 10,2017

Natco Pharma tumbled 15.02% at Rs 705.85 at 14:20 IST. The stock topped the losers in A group. On the BSE, 5.23 lakh shares were traded on the counter so far as against the average daily volumes of 54,000 shares in the past two weeks.

Symphony slumped 8.2% at Rs 1,222.50. The stock was the second biggest loser in A group. On the BSE, 25,000 shares were traded on the counter so far as against the average daily volumes of 4,381 shares in the past two weeks.

Tata Motors skid 7.63% at Rs 384.95. The stock was the third biggest loser in A group. On the BSE, 18.56 lakh shares were traded on the counter so far as against the average daily volumes of 6.86 lakh shares in the past two weeks.

Jet Airways (India) was down 7.23% at Rs 569.35. The stock was the fourth biggest loser in A group. On the BSE, 3.32 lakh shares were traded on the counter so far as against the average daily volumes of 2.34 lakh shares in the past two weeks.

Adani Power lost 7.13% at Rs 29.30. The stock was the fifth biggest loser in A group. On the BSE, 18.91 lakh shares were traded on the counter so far as against the average daily volumes of 9.15 lakh shares in the past two weeks.

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Volumes jump at India Nippon Electricals counter
Aug 10,2017

India Nippon Electricals clocked volume of 1 lakh shares by 14:02 IST on BSE, a 123.91-times surge over two-week average daily volume of 1,000 shares. The stock hit an upper circuit limit of 20% at Rs 769.25.

PI Industries notched up volume of 7.41 lakh shares, a 41.66-fold surge over two-week average daily volume of 18,000 shares. The stock fell 3.98% to Rs 700.10.

ITD Cementation India saw volume of 4.70 lakh shares, a 14.38-fold surge over two-week average daily volume of 33,000 shares. The stock rose 3.88% to Rs 153.85 after consolidated net profit rose 119.72% to Rs 20.72 crore on 41.29% decline in net sales to Rs 489.17 crore in Q2 June 2017 over Q2 June 2016. The result was announced after market hours yesterday, 9 August 2017.

Astec Lifesciences clocked volume of 1.04 lakh shares, a 11.27-fold surge over two-week average daily volume of 9,000 shares. The stock fell 0.21% to Rs 557.20.

S Chand and Company saw volume of 1.23 lakh shares, a 10.08-fold rise over two-week average daily volume of 12,000 shares. The stock fell 2.30% to Rs 469.80.

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Acrysil signs agreement to procure technology from European design company
Aug 10,2017

Acrysil has signed a binding Term Sheet on 09 August 2017 with a leading European designing company and a key individual for technology / know how transfer for manufacturing of 3D concrete wall tiles. A definitive agreement to be signed within the period specified.

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Orient Bell to acquire 26% stake in a ceramic tile manufacturing company
Aug 10,2017

Orient Bell has entered into an Agreement with a Ceramic Tile Manufacturing Company at Morbi (Gujarat) and its Promoters to acquire its equity stake of 26%.

The said company is setting up a new plant to manufacture about 5.2 million square meters of wall tiles per annum at Morbi (Gujarat) and likely to start Commercial Production by the end of March 2018.

This Strategic stake will give complete access to our company to procure and sell the substantial quantity of tiles to be manufactured by the said company.

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Board of Tasty Bite Eatables appoints director
Aug 10,2017

Tasty Bite Eatables announced that the Board of Directors of the Company at its meeting held on 10 August 2017 has approved the appointment of Sohel Shikari as Alternate Director to Ashok Vasudevan w.e.f. 11 August 2017

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Shankara Building Products opens its 113th store
Aug 10,2017

Shankara Building Products announced the opening of its 113thstore under the Shankara Buildpro brand , Jigani, Bangalore-560105.

With this new store, our retail presence spans across a total area of 4,04,833 sq. ft.

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Board of Manpasand Beverages approves bonus issue of 1:1
Aug 10,2017

Manpasand Beverages announced that the Board of Directors of the Company at its meeting held on 10 August 2017 has recommended bonus issue of 1:1.

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Equal pay for equal work in CPSUs
Aug 10,2017

Central Public Sector Enterprises (CPSEs) are under the administrative control of their respective Ministries / Departments and CPSEs are required to follow the various statutory provisions / Court orders / Government instructions including instructions on wage related issues of various categories of employees, wherever applicable. However, the responsibility to monitor the implementation of above said statutory provisions / court orders / Government instructions vests with the Board of CPSEs and the concerned administrative Ministry / Department. As such, no centralized information in this regard is maintained by Department of Public Enterprises (DPE) and accordingly no status report on implementation of Supreme Court verdict on equal pay for equal work with reference to the contractual and temporary employees in CPSEs is also maintained in Department of Public Enterprises.

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Bhel drops after reporting marginal rise in bottom line in Q1
Aug 10,2017

The result was announced during market hours today, 10 August 2017.

Meanwhile, the S&P BSE Sensex was down 169.04 points or 0.53% at 31,628.80.

On the BSE, 11.06 lakh shares were traded on the counter so far as against the average daily volumes of 6.57 lakh shares in the past one quarter. The stock had hit a high of Rs 135.15 and a low of Rs 126.55 so far during the day. The stock had hit a 52-week high of Rs 182.65 on 25 April 2017 and a 52-week low of Rs 116.15 on 27 December 2016.

The stock had underperformed the market over the past one month till 9 August 2017, sliding 1.59% compared with the Sensexs 1.39% rise. The stock had also underperformed the market over the past one quarter, declining 24.69% as against the Sensexs 6.23% rise. The scrip had also underperformed the market over the past one year, declining 4.65% as against the Sensexs 13.22% rise.

The large-cap company has equity capital of Rs 489.52 crore. Face value per share is Rs 2.

Bharat Heavy Electricals (Bhel) has an outstanding order book position of Rs 101380 crore as at 30 June 2017.

The Government of India currently holds 63.06% stake in Bhel (as per the shareholding pattern as on 31 March 2017).

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Guidelines for revised integrated housing scheme for workers
Aug 10,2017

Ministry of Labour & Employment has released guidelines for the Revised Integrated Housing Scheme (RIHS), 2016 for workers.

The scheme provides housing subsidy of Rs. 1,50,000/- per worker for construction of house to be paid in three installments directly into the bank account of the beneficiaries.

The workers engaged in Beedi/Iron Ore Mines, Manganese Ore & Chrome Ore Mines (IOMC)/Limestone Ore Mines, Dolomite Ore Mines (LSDM) /Mica Mines and Cine Industries, registered with the Labour Welfare Organisation (LWO).

Ministry provides housing subsidy to the workers for construction of houses. The fund allocated for this purpose in the Financial Year 2017-18 is Rs. 60,95,54,000/- and during current year 8000 houses are proposed to be sanctioned. The construction of houses in next financial year depends upon the allocation of budget.

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Board of Varun Beverages recommends dividend
Aug 10,2017

Varun Beverages announced that the Board of Directors of the Company at its meeting held on 9 August 2017, inter alia, have recommended the dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

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Alicon Castalloy to convene AGM
Aug 10,2017

Alicon Castalloy announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2017.

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DE Nora India to conduct AGM
Aug 10,2017

DE Nora India announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2017.

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Mac Charles (India) schedules AGM
Aug 10,2017

Mac Charles (India) announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2017.

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Board of Accelya Kale Solutions recommends final dividend
Aug 10,2017

Accelya Kale Solutions announced that the Board of Directors of the Company at its meeting held on 9 August 2017, inter alia, have recommended the final dividend of Rs 40 per equity Share (i.e. 400%), subject to the approval of the shareholders.

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