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Board of Accel Frontline approves sale of entire stake in subsidiary - Accel Systems & Technologies
Mar 02,2017

Accel Frontline announced that the Board of Directors of the Company at its meeting held on 01 March 2017 has subject to obtaining approval of the shareholders, approved the sale of the entire stake of a Subsidiary Company Accel Systems & Technologies, Singapore ( ASTL ).

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A2Z Infra Engineering wins contract worth USD 7.06 million
Mar 02,2017

A2Z Infra Engineering has secured a contract Grid Solar and Energy Efficiency Project, Nepal Electricity Authority for Design, Supply, Delivery, Installation, testing and Commissioning of 33/11 KV Substations and 33 KV Lines for the contract price aggregating to USD 7,066,613.41.

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Corporate Courier & Cargo secures a contract
Mar 02,2017

Corporate Courier & Cargo has secured a contract worth Rs 50 lakh from a construction company. The contract execution will be commenced in Q4 and is expected to contribute to the Top Line and Bottom Line inQ 4 current Fiscal.

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Hindalco provides update on QIP issue
Mar 02,2017

Hindalco Industries announced that the Capital Raising Committee of the Company at its meeting held on 02 March 2017 has passed the following resolutions:

Authorising the opening of the QIP on 02 March 2017;

Approving and adopting the preliminary placement document dated 02 March 2017 in connection with the QIP; and

Approval of the floor price of Rs 184.45 per equity share for the QIP.

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FPIs in selling mode
Mar 02,2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 4.78 crore into the secondary equity markets yesterday, 1 March 2017, compared with net inflow of Rs 1186.74 crore on 28 February 2017. On that day, the Sensex jumped 241.17 points or 0.84% to settle at 28,984.49, its highest closing level since 8 September 2016.

The net outflow of Rs 4.78 crore on 1 March 2017 was a result of gross purchases of Rs 5234.69 crore and gross sales of Rs 5239.47 crore.

There was a net outflow of Rs 92.43 crore from the category primary market & others on 1 March 2017, which was a result of gross purchases of Rs 2.27 crore and gross sales of Rs 94.70 crore.

FPIs bought stocks worth a net Rs 8322.23 crore in February 2017. They had sold stocks worth a net Rs 1315.13 crore in January 2017. FPIs have purchased shares worth a net Rs 8189.06 crore from the secondary equity markets in calendar year 2017 so far (till 1 March 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There was a net inflow of Rs 1579.95 crore from FPIs into the category primary market & others in February 2017. FPIs bought stocks worth Rs 138.53 crore from the category primary market & others in January 2017. FPIs have purchased shares worth a net Rs 1473.38 crore from the category primary markets & others in calendar year 2017 so far (till 1 March 2017). The net inflow from FPIs in the category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Rupee closes higher
Mar 02,2017

Rupee closed higher at 66.8975/90 per dollar on Thursday (02 March 2017), versus its previous close of 67.0375/0400 per dollar.

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Mipco Seamless Rings (Gujarat) to hold board meeting
Mar 02,2017

Mipco Seamless Rings (Gujarat) will hold a meeting of the Board of Directors of the Company on 15 March 2017, to consider the resignation of Mr. Siva Prasad Chukka as Chief Financial Officer of the company.

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Vikas Granaries to hold board meeting
Mar 02,2017

Vikas Granaries will hold a meeting of the Board of Directors of the Company on 9 March 2017.

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ISF to hold board meeting
Mar 02,2017

ISF will hold a meeting of the Board of Directors of the Company on 7 March 2017, to approve the allotment of Equity Warrant to person other than Promoters.

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Board of National Aluminium Company recommends dividend
Mar 02,2017

National Aluminium Company announced that the Board of Directors of the Company at its meeting held on 2 March 2017, inter alia, have recommended the dividend of Rs 2.8 per equity Share (i.e. 56%) , subject to the approval of the shareholders.

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Board of Dharmsi Morarji Chemical Co approves scheme of amalgamation
Mar 02,2017

Dharmsi Morarji Chemical Co announced that the Board of Directors of the Company at its meeting held on 02 March 2017 has considered and approved the scheme of arrangement/ amalgamation of Borax Morarji with The Dharmsi Morarji Chemical Co, subject to requisite approvals.

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Board of Borax Morarji approves scheme of amalgamation
Mar 02,2017

Borax Morarji announced that the Board of Directors of the Company at its meeting held on 02 March 2017 has considered and approved the scheme of arrangement/ amalgamation of Borax Morarji with The Dharmsi Morarji Chemical Company, subject to requisite approvals.

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Board of Tata Motors approves private placement of NCDs aggregating Rs 500 cr
Mar 02,2017

Tata Motors announced that at the Committee meeting held on 02 March 2017, the Board approved private placement of 5000 Rated, Listed, Unsecured, 7.71% Coupon, Redeemable, Non Convertible Debentures of face value of Rs 10 lakh each, at par, aggregating Rs 500 crore.

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National Aluminium Company fixes record date for interim dividend
Mar 02,2017

National Aluminium Company announced that interim dividend will be paid on 23 March 2017 to all eligible shareholders, whose names appear in the Register of Members as on Record Date i.e. 10 March 2017.

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B.L.Kashyap & Sons provides business update
Mar 02,2017

B.L.Kashyap & Sons announced that secured orders worth Rs 431 crore.

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