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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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Great Eastern Shipping Company contracts to buy 2 Suezmax Crude Carriers
Jan 02,2017

Great Eastern Shipping Company has signed contracts to buy 2 Suezmax Crude Carriers of about 157,000 dwt each. The 2010 & 2011 built vessels are expected to join the companys fleet in Q4 FY 2017.

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SML ISUZU announces sales figures
Jan 02,2017

SML ISUZU achieved sales of 1021 units in December 2016 compared to 877 units in December 2015, recording a growth of 16.4%. For the period April- December 2016, total sales stood at 10943 units, growth of 19% over the corresponding period of previous year.

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Trash Skimmers to be Introduced In Six New Cities for Surface Cleaning Of Ganga
Jan 02,2017

National Mission for Clean Ganga (NMCG) will introduce trash skimmers for surface cleaning of Ganga in six more cities in the first week of this month. The cities are Rishikesh, Haridwar, Garh Mukhteshwar, Sahibganj, Kolkata and Navdweep. Urban Local Bodies will be the nodal agency to monitor this work. State Programme Management Groups (SPMGs) and Collectorate office will be supervising these works under the aegis of NMCG at State and district level respectively.

River Surface Cleaning (RSC) work was introduce last year in Allahabad, Kanpur, Varanasi, Mathura-Vrindavan in Uttar Pradesh and Patna in Bihar. Trash skimmers were deployed at the foregoing locations and tonnes of floating waste was collected and disposed off in a proper manner. This task was performed under the CSR head and proved to be extremely effective. In the coming days, more towns will be identified for carrying out similar activities.

Namami Gange programme was launched as a mission to achieve the target of cleaning river Ganga in an effective manner with the unceasing involvement of all stakeholders, especially five major Ganga basin States - Uttarakhand, Uttar Pradesh, Jharkhand, Bihar and West Bengal.

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Rupee opens the years trade on a sad note
Jan 02,2017

Rupee closed lower at 68.2225/2325 per dollar on Monday (02 January 2017), versus its previous close of 67.8998/9330 per dollar.

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Eight core infrastructure sector output rises 4.9% in November 2016
Jan 02,2017

The output of eight core infrastructure industries, comprising nearly 38% of the weight of items included in the Index of Industrial Production (IIP), rose 4.9% in November 2016 over November 2015. Its cumulative growth also stood at 4.9% in April to November 2016-17.

Coal production (weight: 4.38%) increased by 6.4% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 increased by 1.6% over corresponding period of previous year.

Crude Oil production (weight: 5.22%) declined by 5.4% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 declined by 3.5% over the corresponding period of previous year.

The Natural Gas production (weight: 1.71%) declined by 1.7% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 declined by 3.7% over the corresponding period of previous year.

Petroleum Refinery production (weight: 5.94%) increased by 2.0% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 increased by 8.0% over the corresponding period of previous year.

Fertilizer production (weight: 1.25%) increased by 2.4% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 increased by 4.5% over the corresponding period of previous year.

Steel production (weight: 6.68%) increased by 5.6% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 increased by 8.2% over the corresponding period of previous year.

Cement production (weight: 2.41%) increased by 0.5% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 increased by 4.3% over the corresponding period of previous year.

Electricity generation (weight: 10.32%) increased by 10.2% in November, 2016 over November, 2015. Its cumulative index during April to November, 2016-17 increased by 5.4% over the corresponding period of previous year.

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Zicom SaaS launches Managed Security Services in Hyderabad City
Jan 02,2017

Zicom Electronic Security Systems announced that Zicom SaaS, a wholly owned subsidiary of the Company, has launched Managed Security Services in the City of Hyderabad under Make Hyderabad Safe Initiative.

Under this initiative, Zicom SaaS offers holistic 3 layered security services to Make Hyderabad Safe. SaaS will offer (a) Home Security Products (b)CCTV surveillance services with Zero investment, Zero management of the equipment and (c) Out-of-Home (OOH) ZIMAN subscription based Personal Safety Services.

Zicom SaaS, which is in the business of Internet of Things, is targeting over 2,000 users for 2017-18. The USP of the service being 24x7 remote system health check of the CCTV Surveillance System through state-of-the-art Zicom Command Centre eliminating Users burden of monitoring and ensuring the CCTV surveillance system functioning.

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Many New Projects Under Namami Gange Approved For Haridwar and Varanasi
Jan 02,2017

Many new projects under Namami Gange programme in Haridwar and Varanasi have been approved by National Mission for Clean Ganga.

In Haridwar, approval for 68 MLD sewage treatment plant (STP) in Jagjeetpur and 14 MLD STP in Sarai have been approved at an indicative cost of Rs 110.30 crore and Rs 25 crore respectively under Hybrid Annuity based PPP mode. Apart from this, while Rs 8.34 crore has been allocated for tertiary treatment of existing 27 MLD plant in Jagjeetpur, Rs 5.32 crore has been allocated for tertiary treatment of existing 18 MLD plant in Sarai under Design, Build, Operate and Transfer (DBOT) mode. Also, I&D works at Jagjeetpur and Sarai would be done at an indicative cost of Rs 81.15 crore and Rs 29.75 crore respectively under DBOT mode.

In-principle approval for the implementation of 50 MLD sewage treatment plant at Ramana in Varanasi has been given at an indicative cost of Rs 120 crore under Hybrid Annuity-based PPP mode.

After the completion of the tender processes, Administrative Approval and Expenditure Sanction (AA&ES) of the projects will be given by the Executive Committee.

Namami Gange programme was launched as a mission to achieve the target of cleaning river Ganga in an effective manner with the unceasing involvement of all stakeholders, especially five major Ganga basin States - Uttarakhand, Uttar Pradesh, Jharkhand, Bihar and West Bengal. The programme envisages River Surface Cleaning, Sewerage Treatment Infrastructure, River Front Development, Bio-Diversity, Afforestation and Public Awareness.

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Sudarshan Chemical Industries declared winner of Golden Peacock Award
Jan 02,2017

Sudarshan Chemical Industries has been declared as the Winner of Special Commendation for the Golden Peacock Award for Corporate Social Responsibility for the year 2016, by the Awards under the Chairmanship of Justice M N Venkatachaliah, Former Chief Justice, Supreme Court of India.

The Special Commendation Certificate will be presented at a specially organised Golden Peacock Awards Nite ceremony to be held on 20 January 2017 in Bengaluru during IOD, 11th International Ceremony on Corporate Social Responsibility being held on 20-21 January 2017.

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Tata Motors announces sales figures
Jan 02,2017

Tata Motors passenger and commercial vehicles total sales in December 2016 were at 40,944 units, recording 2% growth over 39,973 units sold in December 2015.

Domestic sales of passenger and commercial vehicles stood at 35,825 units in December 2016, a growth of 1% over December 2015.

Cumulative sales (including exports) of the Company for the fiscal were at 391,493 units, higher by 7% over 364,939 units sold last year.

In domestic market, passenger vehicle sales grew 35% to 10,827 units in December 2016 over December 2015 while commercial vehicle sales declined 9% to 24,998 units in December 2016 over December 2015.

The Company sales from exports was at 5119 units in December 2016, a growth of 12% compared to 4557 units in December 2015. The cumulative sales from exports for the fiscal was at 48,547 units, higher by 19% over 40,900 units, sold last year.

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RBL Bank allots equity shares
Jan 02,2017

RBL Bank has allotted 300,451 (Three Lac Four Hundred & Fifty One) equity shares of face value Rs. 10 each on 30 December 2016 under the ESOP Schemes of the Bank.

Consequent to the above allotment, the paid up share capital of the Bank has increased from 372,834,542 equity shares of Rs. 10 each aggregating Rs. 3,728,345,420 to 373,134,993 equity shares of Rs. 10 each aggregating Rs 3,731,349,930.

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BSL gets reaffirmation in credit ratings
Jan 02,2017

BSL announced that Brickwork Ratings India has reaffirmed credit rating of the Company for Long Term Loans - BWR BBB+ (pronounced as BWR Triple B Plus) and for Short Term Loans - BWR A3+ (pronounced as BWR A Three Plus). The outlook on the long term rating is Stable.

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Oriental Bank of Commerce revises MCLR rates
Jan 02,2017

Oriental Bank of Commerce has revised MCLR rates with effect from 03 January 2017.

Overnight - 8.40%
One month - 8.45%
Three month - 8.50%
Six month - 8.55%
One year - 8.60%

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IndusInd Bank allots equity shares
Jan 02,2017

IndusInd Bank has allotted 2,78,600 (Two Lakhs Seventy Eight Thousand Six Hundred) equity shares of Rs. 10/- (Rupees Ten Only) each on 02 January 2017 to those grantees who had exercised their option under the Companys Employee Stock Option Scheme.

The said shares will rank pari-passu with the existing shares of the Company in all respect.

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Board of NHPC to consider interim dividend for FY 2017
Jan 02,2017

NHPC announced that the Board of Directors of the Company may propose and consider interim dividend on the equity share capital of the Company for the FY 2016-17 in its meeting scheduled to be held on 12 January 2017.

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NHPC fixes record date for interim dividend
Jan 02,2017

NHPC has fixed 20 January 2017 as the Record Date for the purpose of Payment of Interim Dividend, if declared.

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