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Wipro opens Automotive Engineering Center
Mar 15,2017

Wipro announced the opening of an Automotive Engineering Center (AEC) in Detroit. The center will serve as a hub to support the automotive engineering and IT requirements of Original Equipment Manufacturers and tier-1 suppliers, based in North America.

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Hindusthan National Glass & Industries gets revision in ratings for bank facilities and NCDs
Mar 15,2017

Hindusthan National Glass & Industries announced that CARE Credit Ratings for the bank facilities and non-convertible debentures of the Company have been reviewed as under -

Long term bank facilities - CARE B+; Stable (Revised from CARE BB)

Short term bank facilities - CARE A4 (Reaffirmed)

Non Convertible Debentures Series III - CARE B+; Stable (Revised from CARE BB)

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Keerthi Industries to hold board meeting
Mar 15,2017

Keerthi Industries will hold a meeting of the Board of Directors of the Company on 25 March 2017, to approve following business: i.review the performance of non-independent directors and the Board as a whole. ii.review the performance of the Chairperson of the company. iii.assess the quality, quantity and timeliness of flow of information between the company management and the Board. iv.Other matter as per the agenda of the meeting.

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Indiabulls Ventures to hold board meeting
Mar 15,2017

Indiabulls Ventures will hold a meeting of the Board of Directors of the Company on 17 March 2017.

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MphasiS fixes buyback price and record date for buyback of shares
Mar 15,2017

MphasiS announced that the Buyback Committee of the Company at its meeting held on 14 March 2017 approved the following -

Rs 635 per equity share, as the price for buyback of equity shares of the Company.

31 March 2017 as Record date for buyback of equity shares.

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Board of Bajaj Auto approves change in directorate
Mar 15,2017

Bajaj Auto announced that the Board of Directors of the Company at its meeting held on 15 March 2017 approved the following changes in the directorate -

Change in status of Madhur Bajaj from Whole Time Director to Non Executive Director.

Board has accepted the resignation of Kantikumar Podar as Director of the Company with effect from 15 March 2017.

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Board of eClerx Services approves appointment of director
Mar 15,2017

eClerx Services announced that the Board of Directors of the Company at its meeting held on 15 March 2017 approved the appointment of Shailesh Kekre as an Additional Director of the Company, with effect from 15 March 2017, who joins the Board as a Non Executive Independent Director.

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Board of Beardsell approves stock split and bonus issue
Mar 15,2017

Beardsell announced that the Board of Directors at its meeting held on 15 March 2017 has approved the following -

Sub-division of equity shares of Rs 10 each into five equity shares of Rs 2 each and consequent amendment of MoA and AoA of the Company.

Issue of bonus shares in the ratio of 1:5 (Post stock split), subject to approval of shareholders.

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Board of Jhaveri Credits & Capital appoints company secretary
Mar 15,2017

Jhaveri Credits & Capital announced that the Board of Directors in their meeting held on 15 March 2017 has appointed Agnivesh M. Sathe as Company Secretary (key managerial personnel) and Compliance officer of the Company with effect from 15 March 2017.

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UCO Bank announces new insurance tie-up
Mar 15,2017

UCO Bank signed corporate agency tie up agreements with Future General India Insurance Company and Liberty Videocon General Insurance Company, General Insurance Companies, for distribution of General Insurance Products at its branches all over the country for Bancassurance Business. These companies will be partners, in addition to the existing partner of the Bank for General Insurance business, Reliance General Insurance Co.

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Shivkrupa Machineries & Engineering Services allots 88,49,500 equity shares
Mar 15,2017

Shivkrupa Machineries & Engineering Services has allotted 88,49,500 Equity Shares comprising of 75,06,465 Equity Shares for consideration other than cash and 13,43,035 Equity shares for cash at face value of Rs. 10/- per Equity share at a price of Rs 37.40/- per Equity Share (Rs 27.40/- being the premium) to the proposed allottees who are Non Promoters.

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Godrej Properties announces new residential housing project
Mar 15,2017

Godrej Properties announced that it will develop a 7.5 acre land parcel in Bellary road (NH-7) in North Bangalore. Godrej Properties plans to develop a residential housing project of approximately 75000 square metres (800000 square feet).

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Tata Power Solar expands and modernises its manufacturing facility
Mar 15,2017

Tata Power Solar Systems announced a significant expansion and modernisation of its cell and module manufacturing facility in Bengaluru. The two stage expansion doubled the companys module capacity to 400 MW from 200 MW, and increased its cell manufacturing capacity by 65% from 180 MW to 300 MW.

Tata Power Solar, as part of this process, modernised and fully automated its entire manufacturing facility. The Company was also able to ramp up to full capacity in record time, significantly better than global benchmarks, owning to its highly skilled and trained team and also improve efficiency of its modules.

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Infosys positioned as Leader In Magic Quadrant for Oracle Application Services
Mar 15,2017

Infosys announced that Gartner, Inc. has positioned Infosys as a Leader in its Magic Quadrant for Oracle Application Services in Europe, the Middle East and Africa (EMEA) and North America.

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NBCC (India) bags project for construction of Scheme in Vidarbha
Mar 15,2017

NBCC (India) announced that the Government of Maharashtra has allotted the balance works of Construction of Irrigation Scheme in Vidarbha under the Gosikhurd National Project to NBCC (India), for a total value of Rs.6000 crore. An MoU for the first phase of the Work valued at Rs.1058 crore is planned to be signed between Vidarbha Irrigation Development Corporation, Nagpur and NBCC (India) on 16 March 2017 at Mumbai.

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