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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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Australia Stocks muted ahead of Fed meeting
Dec 13,2016

Australian share market closed slight down on Tuesday, 13 December 2016, as investors elected to book recent profit on caution ahead of a two-day US Federal Reserve meeting, in which the central bank is expected to raise its reference interest rate and may also give markets a glimpse of its plans for the coming year. Investors will also be looking to for Chinas industrial output data for November due later in the day. Commodity firms and financials made up more than two-thirds of the losses on the index, offsetting gains from real estate and healthcare shares. At the closing bell, the benchmark S&P/ASX 200 index declined 17.80 points, or 0.32%, to 5545, while the broader All Ordinaries index dropped 18.40 points, or 0.33%, to close at 5600.70.

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China Market ekes out gain
Dec 13,2016

Mainland China stock market closed marginally higher after recouping initial losses on Tuesday, 13 December 2016, thanks to better-than expected November retail sales and factory output data which encouraged bargain-hunting after the previous sessions slump. Most sectors rallied, led by consumer and energy shares, while banks and infrastructure stocks lagged. The Shanghai Composite Index rose 0.07% to 3,155.04, while the Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 0.33% to 1,975.88. The ChiNext Index, which tracks Chinas NASDAQ-style board of growth enterprises, jumped 0.03% to close at 1,985.04 points.

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Nikkei hits fresh one-year high
Dec 13,2016

The Japan share market closed at fresh one-year high after erasing early losses on Tuesday, 13 December 2016, thanks to investors strong buying appetite on bets that the Federal Reserve will raise rates this week and provide a steer on future monetary policy in the wake of Republican Donald Trumps election win last month. The 225-issue Nikkei average rose 95.49 points, or 0.50 percent, to end at 19,250.52, marking its highest closing level since Dec. 17, 2015. The Topix index of all first-section issues finished up 8.82 points, or 0.58 percent, at 1,540.25.

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Asian Oilfield Services secures contract valued Rs 63.75 crore
Dec 13,2016

Asian Oilfield Services has received a Letter of Award of Contract for 2D Seismic Data acquisition in North Cachar Hills (Karbi analog) the unappraised areas of North East India from Oil India, for an estimated contract value of Rs 63.75 crore.

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Bharat Financial Inclusion allots equity shares
Dec 13,2016

Bharat Financial Inclusion announced on 13 December 2016, the Company has allotted 15,536 equity shares of Rs. 10/- each to the employees who have exercised options under various Stock Option Plans of the Company. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

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Board of Jaihind Synthetics approves change in directorate
Dec 13,2016

The Board of Directors of Jaihind Synthetics at its meeting held on 13 December 2016 approved the following change in directorate -

- Appointment of Dharmistha Sharad Shah as Additional Director of the Company.
- Cessation of Minakshi Singh, Mayank Rasiklal Katodia and Lokesh Venkappa Puthran as Directors of the Company.

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Board of Tirupati Industries (India) to consider September quarter and half year results
Dec 13,2016

Tirupati Industries (India) announced that the meeting of Board of Directors of the Company will be held on 17 December 2016, inter alia, to transact the following business:

1. To consider and take on record the Unaudited Financial Results for the quarter and half year ended 30 September 2016.

2. To consider the resignation of H. M. Jhaveri as Managing Director of the Company.

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Board of Gujarat Ambuja Exports approves proposal for buyback of shares
Dec 13,2016

Gujarat Ambuja Exports announced that the Board of Directors of the Company at its meeting held on 13 December 2016 has approved the proposal for buyback not exceeding 23684211 equity shares of the Company at a price of Rs 95 per share payable in cash for an aggregate consideration of Rs 225 crore.

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Texmo Pipes & Products Directors resigns
Dec 13,2016

Texmo Pipes & Products has received resignation letter from C.B. Chhaya, Independent Director of the Company, resigned from the directorship of the Company w.e.f. 13 December 2016 due to his growing age and health issues.

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Omkar Speciality Chemicals gets patent for a molecule
Dec 13,2016

Omkar Speciality Chemicals has obtained a patent related to Process for Preparation of Higher Derivatives of n++-KETOESTER granted by the Government of India. With this, the total number of patents till date granted to the Company stands at 4.

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Fischer Chemic shifts registered office
Dec 13,2016

Fischer Chemic announced that w.e.f. 13 December 2016, the Registered Office of the Company is shifted from the below mentioned address:

First Floor, Silver Sky Super Market ComplexNew No.15 Gangai Amman Koil Street, KodambakkamChennai Tamil Nadu - 600024, India

To,

104, First F loor Raghuleela Mega MallBehind Poisar Depot Kandivali West Mumbai Maharashtra- 400067, India.

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Tayo Rolls to allot preference shares to Promoter - Tata Steel
Dec 13,2016

Tayo Rolls announced that the Committee of the Board at their meeting held on 13 December 2016 have decided to allot 100,000 (one lakh only) 7.17% Non-cumulative Redeemable Preference Shares of Rs. 100/- (Rupees one hundred only) each aggregating to Rs. 100,00,000/- (Rupees one Crore only) to Tata Steel, the Promoter on Preferential basis.

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Vascon Engineers gains ground on turnaround Q2 results
Dec 13,2016

The result was announced during market hours today, 13 December 2016.

More than usual volumes were witnessed on the counter. On the BSE, 3.91 lakh shares were traded in the counter so far, compared with an average volume of 2.52 lakh shares in the past one quarter. The stock had hit a high of Rs 33 and a low of Rs 30.90 so far during the day. The stock had hit a 52-week high of Rs 41.85 on 26 October 2016. The stock had hit a 52-week low of Rs 20.80 on 29 February 2016.

The stock had underperformed the market over the past one month till 12 December 2016, falling 2.35% compared with the 1.13% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 11.76% as against Sensexs 6.48% decline.

The small-cap company has an equity capital of Rs 161.34 crore. Face value per share is Rs 10.

Vascon Engineers net total income from operations fell 30.43% to Rs 52.92 crore in Q2 September 2016 over Q2 September 2015.

Separately, Vascon Engineers announced that the board of directors of the company at a meeting held today, 13 December 2016, approved the sale of its holding in Viorica Hotels for a consideration of Rs 15.60 crore.

Vascon Engineers is a premier realty, engineering, procurement & construction (EPC) & clean room partitioning companies.

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Hindustan Copper slips after weak Q2 results
Dec 13,2016

The result was announced during trading hours today, 13 December 2016.

Meanwhile, the BSE Sensex was up 149.25 points, or 0.56%, to 26,664.49.

On the BSE, so far 3.02 lakh shares were traded in the counter, compared with average daily volumes of 1.69 lakh shares in the past one quarter. The stock had hit a high of Rs 64.60 and a low of Rs 60.90 so far during the day.

The stock hit a 52-week high of Rs 73.60 on 22 August 2016. The stock hit a 52-week low of Rs 42.30 on 19 February 2016. The stock had outperformed the market over the past 30 days till 12 December 2016, rising 5.25% compared with the 1.13% decline in the Sensex. The scrip had also outperformed the market in past one quarter, falling 2.32% as against Sensexs 6.48% decline.

The mid-cap company has equity capital of Rs 462.61 crore. Face value per share is Rs 5.

Hindustan Copper (HCL), a public sector enterprise of the Government of India, has the distinction of being Indias only vertically integrated copper producing company encompassing mining, beneficiation, smelting, refining and casting of refined copper metal.

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Board of Den Networks approves change in directorate
Dec 13,2016

Den Networks announced that the Board of Directors of the Company at its meeting held on 13 December 2016 approved the appointment of Dr Archana Hingorani as Non-Executive Nominee Director and accepted the resignation of Krishna Kumar PT Gangadharan from directorship of the Company. The board also approved the withdrawal from directorship candidature by M G Azhar and Nandita Agarwal Parker.

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