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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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Balrampur Chini Mills sells its entire stake in subsidiary - Indo Gulf Industries
Jan 27,2017

Balrampur Chini Mills announced that the Company has signed a share purchase agreement on 27 January 2017 with Ganesh Explosives (acquirer) to sell and transfer the entire stake held by the company in Indo Gulf Industries (subsidiary) consisting of 51,62,470 equity shares of Re 1 each (53.96%).

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Rupee marches ahead
Jan 27,2017

Rupee closed higher at 68.0329/0480 per dollar on Friday (27 January 2017), versus its previous close of 68.0779/0930 per dollar on Wednesday. Earlier, trading was closed on Thursday due to local holiday.

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Kalindee Rail Nirman (Engineers) secures order worth Rs 197 crore
Jan 27,2017

Kalindee Rail Nirman (Engineers) has secured a prestigious order worth Rs. 197 crore from Dedicated Freight Corridor Corporation of India for Design, Supply and Construction of Track & Track related works for Eastern Dedicated Freight Corridor.

This order is an important milestone to the Companys Railway Track construction expertise, matching global standards.

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GHCL announces cessation of nominee director
Jan 27,2017

GHCL has paid the final installment of loan taken from IDBI Bank vide Loan agreement dated 06 July 2010. Accordingly, IDBI Bank has withdrawn the nomination of Padma Vinod Betai with effect from 25 January 2017 as a Nominee Director from the Board of the Company.

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Maruti Suzuki India increases prices across models
Jan 27,2017

Maruti Suzuki India announces a price increase ranging from Rs 1500 to Rs 8014 (ex-showroom -Delhi) across models. This new prices are effect from 27 January 2017. The hike in car prices is because of increase in commodity, transportation and administrative costs.

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Engineers India signs contract with Sonatrach, SPA
Jan 27,2017

Engineers India has signed a contract with SONATRACH, SPA for carrying out studies and providing PMC Services for Rehabilitation of Ethylene Unit at Skikda Petrochemical Complex. The project schedule is 23 Months and the estimated contract value is Euro 7,007,740/- and Algerian Dinar 20,645,416/- (equivalent to Rs 50 crore).

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Maruti Suzuki India launches VXi+ variant for WagonR
Jan 27,2017

Maruti Suzuki India announced the launch of an all-new VXi+ variant for WagonR. The latest addition to the WagonR is available in both automatic and manual transmission trims.

WagonR VXi+ offers a wide array of new features including Projector headlamps, stylish front grill, alloy wheels and side skirts. The piano black finish adds style to the dual tone interior colour scheme. The WagonR Vxi+ comes with Dual Airbags, Anti-Lock braking System with Electronic brake - force distribution system, as optional.

Prices of WagonR VXi+ start from Rs 4,69,840 (ex-showroom Delhi price)for the Manual variant.

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Joonktolle Tea & Industries announces demise of director
Jan 27,2017

Joonktolle Tea & Industries announced that the Companys Independent Director, B.R. Bhansali has left for his heavenly abode on 26 January 2017.

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Board of ITD Cementation India approves change in company secretary
Jan 27,2017

ITD Cementation India announced that the Board of Directors, at its meeting held on 27 January 2017, has appointed Rahul Neogi as the Company Secretary and Compliance Officer of the Company with effect from 01 February 2017 in place of R.C. Daga whose tenure of service as the Company Secretary and Compliance officer of the Company is expiring at the close of office hours on 31 January 2017.

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Prakash Industries secures coal linkages for sponge iron production
Jan 27,2017

Prakash Industries announced that in the recent Coal linkage auction conducted by Coal India, the Company has secured coal linkages of a total quality of 649300 MT per annum for the next 5 years from various mines of South Eastern Coalfields in Chhattisgarh, for which the company is going to sign the Fuel Supply Agreement (FSA).

Securing these linkages will provide long term stability in the operations of the company, in addition to the cost saving in sponge iron production at its integrated steel plant at Champa, Chhattisgarh.

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PNC Infratech intimates of ratings revision of subsidiarys bank facilities
Jan 27,2017

PNC Infratech has received upgradation in credit ratings from Credit Analysis & Research for bank facilities of its subsidiary - PNC Raebareli Highways as follows -

Long term bank facilities (senior debt) (Rs 628 crore) - CARE A+; Stable (Revised from CARE A-)

Long term bank facilities (subordinate debt) (Rs 69.80 crore) - CARE A; Stable (Revised from CARE BBB+)

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Jubilant Life Sciences issues NCDs aggregating Rs 495 crore
Jan 27,2017

Jubilant Life Sciences has completed the issuance of its secured rated listed redeemable non convertible debentures aggregating to Rs 495 crore for cash at par on a private placement basis.

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Board of Advani Hotels & Resorts (India) declares 2nd interim dividend
Jan 27,2017

Advani Hotels & Resorts (India) announced that the Board of Directors of the Company at its meeting held on 27 January 2017, inter alia, has approved the following :

- Declared second interim dividend of 20% (40 paise per Equity Share of Rs. 2/- each) for the year ending 31 March 2017.

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Advani Hotels & Resorts (India) fixes record date for 2nd interim dividend
Jan 27,2017

Advani Hotels & Resorts (India) announced that the Company has fixed 08 February 2017 as the Record Date for the purpose of payment of Second Interim Dividend.

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Surana Telecom and Power to announce December quarter results
Jan 27,2017

Surana Telecom and Power announced that a meeting of the Board of Directors of the Company is scheduled to be held on 10 February 2017, inter alia, to consider the Un-Audited Financial Results of the Company for the Quarter ended 31 December 2016.

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