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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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NHPC proposes to raise Rs 494 crore by way of bond issue
Jul 17,2017

NHPC proposes to raise funds amounting to Rs 494 crore through issuance of W series corporate bonds on private placement basis. The proposed issue is out of Rs 4500 crore already approved by the shareholders in their 40th Annual General Meeting held on 22 September 2016. The Board will consider the proposal on 27 July 2017.

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Outcome of board meeting of Padmanabh Industries
Jul 17,2017

Padmanabh Industries announced that the Board of Directors at its meeting held on 17 July 2017 has transacted the following -

the Board:

1. Allotted 15,00,000 (fifteen lakh) Equity shares of the Company at a price of Rs.61/- per share including Premium of Rs.51/- per share to non-promoter group on the preferential basis.

2. Considered and approved the notice of 23rd AGM of the Members of the Company to be held on Tuesday 26 September,2017 at 12.30 P.M. at Registered Office of the Company.

3. Considered and approved notice of the 23rd AGM and the Board of Directors Report for the year ended on 31 March,2017.

4. Approved the dates for Closure of Register of Members & Share Transfer Books (Book Closure) of the Company for the purpose of the Annual General Meeting from 19 September 2017 to 26 September 2017(Both days inclusive).

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Relaxation for Reserved Category in NET
Jul 17,2017

University Grants Commission (UGC) has informed that the new qualifying criteria for declaration of result for UGC NET Examination is as follows:

n++ Top 6% of the UGC NET candidates who appear in all three papers and secure at least 40% aggregate marks for candidates belonging to General Category and at least 35% aggregate marks for candidates belonging to social groups viz., Scheduled Castes /Scheduled Tribes/Other Backward Classes (Non-creamy layer)/ People with Disabilities will be declared qualified for NET to be eligible for Assistant Professor by following the extant reservation policy of Government of India.

n++ Out of the total number of candidates qualifying for NET for Eligibility for Assistant Professor, the candidates who have applied for Junior Research Fellowship (JRF), shall form the consideration zone for JRF. The available fellowships will be awarded as per merit by following the extant reservation policy of the Government of India.

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Ador Welding to hold AGM
Jul 17,2017

Ador Welding announced that the th Annual General Meeting(AGM) of the company on 31 August 2017.

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Saint-Gobain Sekurit India to hold board meeting
Jul 17,2017

Saint-Gobain Sekurit India will hold a meeting of the Board of Directors of the Company on 29 July 2017 to consider and approve the unaudited financial results for the quarter ended 30th June 2017.

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Winy Commercial & Fiscal Services to hold board meeting
Jul 17,2017

Winy Commercial & Fiscal Services will hold a meeting of the Board of Directors of the Company on 28 July 2017 Audited Financial Results (Standalone) for the 1st Quarter(Q1) and financial year ended on 30th June, 2017.

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Transwarranty Finance to hold AGM
Jul 17,2017

Transwarranty Finance announced that the 23th Annual General Meeting(AGM) of the company on 10 August 2017.

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BNK Capital Markets to hold board meeting
Jul 17,2017

BNK Capital Markets will hold a meeting of the Board of Directors of the Company on 31 July 2017 to consider among other things the Un-Audited Financial Results for the 1st quarter ended on 30th June, 2017.

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Hindustan Media Ventures to hold AGM
Jul 17,2017

Hindustan Media Ventures announced that the th Annual General Meeting(AGM) of the company on 20 September 2017.

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United Credit to hold board meeting
Jul 17,2017

United Credit will hold a meeting of the Board of Directors of the Company on 11 August 2017 Unaudited Financial Results for the quarter ended 30th June, 2017

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Hong Kong Market climbs to new two-year high
Jul 17,2017

The Hong Kong stock market rose to a new two-year high on Monday, 17 July 2017, with sentiment aided by robust China economic growth data and signs Chinese money inflows are accelerating. Most sectors rose, with financials leading gains. The Hang Seng Index rose slightly by 0.3% on Monday, or 81.35 to a new two-year high 26,470.58 and marking the sixth day of increases. The Hang Seng China Enterprises Index, also known as the H-share index of Chinese companies listed in the city, added 0.5%, or 55.12 points, to 10,783.19. Turnover increased to HK$93.2 billion from HK$77.5 billion on Friday.

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China Stocks fall most in seven months on Black Monday
Jul 17,2017

The Mainland China equity market finished session down on Monday, 17 July 2017, as top policy makers emphasised on curbing financial risks, stoking concerns about increased scrutiny of the financial system, triggering a decline of nearly 500 stocks by their daily limit of 10%. The Shanghai Composite Index fell 1.4%, or 45.95 points, to 3,176.47 after dropping by as much as 2.2%, while the CSI 300 - which tracks the large caps listed in Shanghai and Shenzhen - dropped 1.1% or 39.53 points, to 3,663.56. The Nasdaq-style ChiNext tumbled 5.1% or 89.14 points to 1,656.43, the lowest since January 2015 and the Shenzhen Composite Index tumbled 4.3%, or 80.47 points, to 1,800.54

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Japan markets closed for Marine Day
Jul 17,2017

Japan markets were closed for Marine Day on Monday, 17 July 2017.

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ITC declines on fears of increase in cess on tobacco
Jul 17,2017

Meanwhile, the S&P BSE Sensex was up 85.05 points or 0.27% at 32,105.80.

On the BSE, 12.89 lakh shares were traded on the counter so far as against the average daily volumes of 10.64 lakh shares in the past one quarter. The stock had hit a high of Rs 335 and a low of Rs 326.75 so far during the day. The stock had hit a record high of Rs 353.20 on 3 July 2017 and a 52-week low of Rs 222.05 on 26 December 2016.

The stock had outperformed the market over the past one month till 14 July 2017, advancing 12.49% compared with the Sensexs 2.78% rise. The stock had also outperformed the market over the past one quarter, gaining 20.54% as against the Sensexs 8.69% rise. The scrip had also outperformed the market over the past one year, advancing 35.5% as against the Sensexs 14.6% rise.

The large-cap company has equity capital of Rs 1216.18 crore. Face value per share is Rs 1.

According to reports, the Goods and Services Tax (GST) Council is likely to meet today, 17 July 2017, to consider a cess on tobacco. After the rollout of GST, excise duty has automatically been removed on tobacco products. Now only GST and cess are levied on these products. GST and cess combined on cigarettes is currently 6-8% lower than pre-GST regime.

ITCs net profit rose 12.1% to Rs 2669.47 crore on 14% growth in net sales to Rs 11125.54 crore in Q4 March 2017 over Q4 March 2016.

ITC is a diversified company, with presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel, personal care, stationery and other FMCG products. ITC is a market leader in cigarettes.

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Dion Global Solutions bags two awards
Jul 17,2017

Dion Global Solutions has won two accolades at the Systems in the City Awards in London - Best Innovation Solution and the Companys Global Head Pre-Sales, Suman Rao, won the award for Best Product Manager in the Industry.

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