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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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Use of Natural Gas Including LNG being Facilitated to Tackle The Menace of Air Pollution
Nov 30,2016

The Government is facilitating use of natural gas, including Liquefied Natural Gas (LNG) as a clean fuel to tackle the menace of air pollution in the country. In a way forward, Petronet LNG (PLL) alongwith M/s Tata Motors and Indian Oil Corporation Limited have carried out a test run of an LNG fueled bus on November 8, 2016 in Thiruvananthapuram (Kerala). The project is at pilot stage and its commercial operation based on LNG fuel depends upon success of pilot project and subsequent requisite clearances.

The Ministry of Petroleum & Natural Gas (MoP&NG) has taken an initiative to explore the possibility of usage of Liquefied Natural Gas (LNG) as a transportation fuel in Road Transport sector. MoP&NG has requested Petroleum and Explosives Safety Organization (PESO) to frame relevant safety guidelines for LNG usage for automobile. Accordingly, PESO, has constituted an expert committee, comprising of a Chairperson, a Member-Secretary and 10 Members to make recommendations in respect of the following -

(i) For amendment in Gas Cylinders Rules, 2004 regarding LNG container for automotive application.

(ii) For amendment in the Static and Mobile Pressure Vessels (Unfired) [SMPV (U)] Rules, 1981 for setting up of LNG dispensing stations.

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Board of NLC India to consider Q2 results
Nov 30,2016

NLC India announced that the meeting of Board of Directors of the Company is scheduled to be held on 09 December 2016, inter alia, to consider and approve the un-audited financial results for the quarter and half year ended 30 September 2016 (Q2).

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Monnet Ispat & Energy to announce Septmeber quarter results
Nov 30,2016

Monnet Ispat & Energy announced that a meeting of the Board of Directors will be held on 09 December 2016, inter alia, to consider Unaudited Financial Results for the quarter ended on 30 September 2016.

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Rolta India to announce September quarter and half year results
Nov 30,2016

Rolta India announced that the meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and take on record, the Unaudited Consolidated & Standalone Financial Results of the Company, for the quarter and half year ended 30 September 2016.

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CCRI releases High Yielding Variety of Robusta and Arabica Coffee Plants
Nov 30,2016

The Central Coffee Research Institute (CCRI) of Coffee Board is releasing high yielding and disease resistant varieties of Arabica and Robusta from time to time. In Arabica, Chandragiri a semi-dwarf variety with high degree of field tolerance to leaf rust disease and high yield potential has been released for commercial cultivation during 2007-08 season. In addition, three genotypes of Arabica have been given for multi-location trials in growers field during 2014-15. In Robusta, the improved hybrid variety already developed by CCRI is most preferred among the growers because of its high yield potential and quality of beans. Further research for development of drought resistant variety of Robusta has been taken up by CCRI.

CCRI has developed and refined the clonal propagation techniques and has supplied around 1,62,000 rooted clones of hybrid variety to the growers from 2014-15 onwards. Training programmes are organized to build the capacity of growers in clonal production methods. Clonal nurseries have been set up in about 10 estates with the technical support of CCRI. Efforts are being made to involve the unemployed youth and self-help groups for clonal multiplication of Robusta coffee.

Coffee Board is also implementing Integrated Coffee Development Project under which various interventions such as research & development, technology transfer, capacity building, replacing the old unproductive varieties with improved high yielding/disease tolerant varieties, water augmentation and mechanization etc. are undertaken for the overall improvement of production, productivity and quality of coffee.

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Board of J Kumar Infraprojects to consider September quarter and half year results
Nov 30,2016

J Kumar Infraprojects announced that a Board Meeting of the Company will be held on 09 December 2016, inter alia:

- To consider and take on record the Un-Audited Financial Results for Quarter and Six Months ended on 30 September 2016

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D B Realty to announces Q2 and HY results
Nov 30,2016

D B Realty announced that a meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and approve the unaudited financial statements of the Company for the 2nd quarter and half year ended 30 September 2016.

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Board of Vedanta approves private placement of NCDs aggregating Rs 200 cr
Nov 30,2016

Vedanta announced that the meeting of Board constituted Committee of Directors held on 30 November 2016 approved offering for subscription, on private placement basis, up to 2000 secured, rated, listed, redeemable, non-convertible debentures of face value of Rs 10 lakh each aggregating up to 200 crore.

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Board of A F Enterprises to consider alteration in AoA and MoA
Nov 30,2016

A F Enterprises announced that the meeting of the Board of Directors will be held on 06 December 2016, inter alia, to transact the following businesses:

1. To adopt new set of AOA and MOA as per Companies Act, 2013.

2. To alter the main objects of the Company by means of Postal Ballot.

3. To consider and approve draft notice of Postal Ballot.

4. To consider and approve the appointment of Mukta Debnath as the Company Secretary & Compliance Officer of the Company.

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Dr Lal Pathlabs announces resignation of nominee director
Nov 30,2016

Dr Lal Pathlabs announced that the Company has, on November 30, 2016 received, an intimation dated 29 November 2016 from Naveen Wadhera, Nominee Director, tendering his resignation from the Company with immediate effect.

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Board of Swiss Glascoat Equipments to consider preferential allotment of warrants
Nov 30,2016

Swiss Glascoat Equipments announced that the Meeting of the Board of Directors of the Company is convened on 03 December 2016, to transact the business as stated in the agenda sent to the Directors and in particular for approval related to the issue and allotment of warrants convertible into equity shares on preferential basis in accordance with the provisions of Chapter VII of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended from time to time.

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Board of Steel Authority of India to consider Q2 results
Nov 30,2016

Steel Authority of India announced that the meeting of the Board of Directors of Company will be held on 08 December 2016, inter-alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the half year ended September 30, 2016 (Q2).

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Public-sector steel manufacturing industries affected by low demand and falling prices
Nov 30,2016

The public-sector steel manufacturing industries under Steel Authority of India Limited (SAIL) and RashtriyaIspat Nigam (RINL) are affected by factors like slow growth in steel demand, falling prices because global steel glut leading to import of steel at very low prices resulting in surge in steel imports during 2014-15 and 2015-16.

The Government of India took various steps to support the domestic steel sector, some of which are as given below:

i. Increase in peak rate of Custom Duty on steel to 15%.  Effective rate of import duty was increased in phases to 10% on Long products and 12.5% on Flat products from pre-revised level of 5% and 7.5% respectively.

ii. Against a petition by the domestic steel producers, Safeguard duty on HR Coils of 20% notified in September, 2015 provisionally and final notification issued for the same in March, 2016 extending 20% Safeguard duty up to September, 2016.  Thereafter, phased reduction to 18% (till March, 2017), 15% (till September, 2017) and 10% by March, 2018.

iii. The Government of India notified Minimum Import Price (MIP) on select steel products (5th February, 2016) and further extended it on certain steel products for two months with effect from 5th August, 2016 and again for two months with effect from 5th October, 2016.

iv. Provisional Anti-dumping duty notified on import of flat products (Hot Rolled & Cold Rolled) and on Wire Rods from China, Japan, Korea, Russia, Brazil, Indonesia & Ukraine vide notifications dated 8th August, 2016, 17th August, 2016 and 2nd November, 2016.

v. Government amended the Steel and Steel Products (Quality Control) Order, 2012 from time to time to ensure that only quality steel is imported into India.

The plant-wise Profit (+)/ Loss (-) of SAIL is given as under:-

(Rs. in crore)

Plant/ Unit2013-142014-152015-16Bhilai Steel Plant (BSP)20852232405Durgapur Steel Plant (DSP)416506-527Rourkela Steel Plant (RSP)212232-2524Bokaro Steel Plant (BSL)202451-2203IISCO Steel Plant (ISP)-653-1072-1939Alloy Steel Plant (ASP)-93-134-83Salem Steel Plant (SSP)-376-355-466Visvesvarya Iron Steel Plant (VISL)-123-97-116SAIL Refractory Unit (SRU)3721Chandrapur Ferro Plant (CFP)-78-45-78Raw Material Division (RMD)/ Central Units1628634310SAIL Profit (+)/ Loss (-) Before Tax32252359-7198Tax6082663061SAIL Profit (+)/ Loss (-) After Tax26162093-4137

RINL is a single unit steel producing CPSE. The Profit (+)/ Loss (-) of RINL is given as under:

(Rs.in crore)

Particulars2013-142014-152015-16Profit After Tax (PAT)36662(-) 1421

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PTC India Financial Services to allot equity shares to PTC India
Nov 30,2016

PTC India Financial Services announced that the Committee of Directors of the Company in their meeting held on 29 November 2016 considered and approved the Preferential Allotment of 8,02,00,000 equity shares of Rs. 10/- per share at an issue price of Rs. 38.50/- per share (including premium of Rs. 28.50/- per shares) to PTC India, a person belonging to Promoter Group.

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Board of Wanbury approves grant of stock options
Nov 30,2016

Wanbury announced that the Board of Directors of the Company at its meeting held on 29 November 2016, inter alia, has considered and approved the following:

- Grant of Employee Stock Option Plan (ESOP) to the extent of 3,00,000 equity shares to the employee/s of the Company.

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