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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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Firstobject Technologies bags order for digital smart class solution - First eSchool
Dec 05,2016

Firstobject Technologies received an order to supply its digitalsmart class solution, First eSchool, from the office of the District Collector, Sanga Reddy District, Telangana State. The order includes installation of content in 253 Government schools such as SC corporation schools & hostels, tribal & social welfare schools, minority & BC welfare schools and all government schools under education department of Sanga Reddy district.

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Om Metals Infraprojects secures contract for Hydro Mechanical Works
Dec 05,2016

Om Metals Infraprojects has been awarded a works contract for Hydro Mechanical works package for modernization and renovation of Baira Siul hydro electric power station (3 X 60 MW) in Himachal Pradesh by NHPC.

The contract value is Rs 19.91 crore and this contract has to be executed in 28 months time period.

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Disa India appoints company secretary cum compliance officer
Dec 05,2016

Disa India announced that G. Prasanna Bairy ACS, ACA & ACMA has joined DISA India as General Manager Finance & Company Secretary with effect from 05 December 05, 2016. He will also act as the Compliance Officer from the above date.

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ABB India signs MoU with NITTTR
Dec 05,2016

ABB India signed an MoU with NITTTR to establish a first of its kind Simulation Center of Excellence (SCoE) for teachers, students and industry engineers to develop a deeper understanding of the underlying multi-physics and design principles for the manufacturing of various best in class electro-mechanical equipment in India.

Scope of the center includes establishing a high performance computing platform with necessary advanced computational tools. The center is expected to be operational by 2017. It will be funded by ABBs Corporate Social Responsibility (CSR) to promote education and skill improvement for graduating engineers, research students, industry professionals as well as faculty.

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Ramco Systems bags 4 major awards
Dec 05,2016

Ramco Systems has bagged 4 major awards at HR Vendors of the Year2016 event, in Singapore, Malaysia and Hong Kong. Ramco beat global software vendors to win Gold for Best Payroll Software in all three regions where the awards were hosted and Silver for Talent Management in Hong Kong.

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Dion Global Solutions partners with Erste Group Bank AG banking group
Dec 05,2016

Dion Global Solutions announced that its client, four subsidiaries of the Erste Group Bank AG banking group, are now live on Dions SEPA module for payment processing and clearing - Real Time Payment Engine.

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Rajesh Exports bags export order worth Rs 786 crore
Dec 05,2016

Rajesh Exports has bagged an order worth Rs 786 crore of designer range of gold and diamond studded jewellery and medallions from UAE. The said order is to be completed by March 2017.

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Suyog Telematics bags order from for installation of BTS Equipments in Mumbai
Dec 05,2016

Suyog Telematics has received a letter of acceptance from Maharashtra State Road Development Corporation (n++MSRDCn++) with respect to bid(s) submitted for installing BTS Equipments and poles along various flyovers / subways of MSRDC in and around Mumbai.

This letter of acceptance which allows setting up of 329 poles on various flyovers / subways of MSRDC marks a landmark event in the expansion of Companys telecom infrastructure capacity build up.

The Company expects to complete the remaining formalities shortly and make these sites active for revenue generation in Q4 of FY 16-17.

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KDDL provides update on subsidiary- Ethos
Dec 05,2016

KDDL announced that its subsidiary, Ethos, is launching the brand Favre-Leuba in India. The Swiss watchmaker was acquired by Tata Group in 2011. With this strategic partnership, Favre Leuba watches will be retailed in India exclusively at Ethos Watch Boutiques and Helios (the retail arm of Titan Co. ) exclusively to retail all over India.

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Mahindra & Mahindra to acquire 60% stake in Netherland based OFD Holding BV
Dec 05,2016

Mahindra & Mahindra announced that Mahindra Agri Solutions, a wholly owned subsidiary of the Company (MASL) has on 05 December 2016 agreed to acquire upto 60% of the equity share capital of OFD Holding BV (OFD), a fruit distribution company based in Netherlands. In view of this, OFD would become a subsidiary of MASL and in turn, of the Company.

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Lupin receives approval for Generic Norcon++ Tablets
Dec 05,2016

Lupin announced that Lupin Somerset (also known as Novel Laboratories Inc.) has received approval for Hydrocodone Bitartrate and Acetaminnophen Tablets USP, 5mg/325 mg, 75mg/325mg and 10mg/325mg, to market a generic equivalent of Allergan Sales LLCs Norcon++ Tablets 5mg/325 mg, 75mg/325mg and 10mg/325mg. The Company shall launch the product shortly.

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KMF Builders & Developers director resigns
Dec 05,2016

KMF Builders & Developers Ltd has informed BSE that Ravinder Kumar Sharma, Non-Executive Independent Director of the Company, has resigned from the Board of Directors of the Company with effect from 01 December 2016.

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FPIs continues selling
Dec 05,2016

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 138.40 crore into the secondary equity markets on 2 December 2016, compared with their net outflow of Rs 401.03 crore during the preceding trading session on 1 December 2016. The net outflow of Rs 138.40 crore on 2 December 2016 was a result of gross purchases of Rs 4101.21 crore and gross sales of Rs 4239.61 crore. On that day, the Sensex lost 329.26 points or 1.24% to settle at 26,230.66, its lowest closing level since 24 November 2016.

The net inflow of Rs 13.15 crore into the category primary markets & others on 2 December November 2016 was a result of gross purchases of Rs 13.32 crore and gross sales of Rs 0.17 crore.

FPIs have sold stocks worth a net Rs 900.14 crore into the secondary equity markets in this month so far (till 2 December 2016). FPIs sold shares worth a net Rs 20116.27 crore from the secondary equity markets last month. FPIs have purchased shares worth a net Rs 20154.64 crore from the secondary equity markets in calendar year 2016 so far (till 2 December 2016). FPIs sold shares worth a net Rs 4863.71 crore into the secondary equity markets in calendar year 2015.

There has been a net inflow of Rs 13.46 crore from FPIs into the category primary markets & others in this month so far (till 2 December 2016). There was a net inflow of Rs 1872.02 crore from FPIs into the category primary markets & others last month. The net inflow from FPIs into category primary markets & others has totaled Rs 7701.15 crore in calendar year 2016 so far (till 2 December 2016). There was net inflow of Rs 22168.40 crore from FPIs into the category primary markets & others in calendar year 2015.

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Central Bank of India allots equity shares to LIC
Dec 05,2016

Central Bank of India announced that Capital Raising Committee of the Board of Directors of the Bank at its meeting held on 05 December 2016 has allotted 1,71,44,954 equity shares of the face value of Rs. 10/- each to Life Insurance Corporation of India (LIC) at the issue price of Rs. 91.45 per equity share aggregating to Rs. 156,79,06,043.30 (Rupees One Hundred Fifty Six Crore Seventy Nine Lakh Six Thousand Forty Three and Paisa Thirty Only) subsequent to passing of the Special Resolution by shareholders at Extra-ordinary General Meeting held on 29 November 2016 and the approval of Government of India vide letter dated 01 December 2016.

With this allotment, shareholding of LIC has gone up from 13.05% to 13.83%. Consequently, shareholding of President of India (Government of India) has reduced to 81.28% from 82.02%.

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Canara Bank to dilute its stake in Canbank Factors & Can Fin Homes
Dec 05,2016

Canara Bank announced that that the Sub-Committee of the Board of the Bank, vide orders dated 02 December 2016, permitted the Bank to float an RFP for empanelling the Investment / Merchant Bankers for diluting the Banks stake of 70% in Canbank Factors (Unlisted Company) and of 13.45% in Can Fin Homes (Listed Company).

Accordingly, the Bank is taking steps to float an RFP for empanelling the Investment / Merchant Bankers for the subject purpose.

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