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IDFC announces change in directorate
Jan 12,2017

IDFC announced that the Board of Directors of the Company, appointed Soumyajit Ghosh and Manish Kumar as Additional Directors in the category of Nominee Director on the Board of the Company w.e.f. 11 January 2017. They are currently acting as Under Secretaries in the Department of Financial Services, Ministry of Finance and they are not related to any of the Directors of the Company.

The above Directors are being appointed in place of Snehlata Shrivastava who resigned from the office of the Director with effect from 29 November 2016.

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Murudeshwar Ceramics gains as board to consider preferential issue of shares
Jan 12,2017

The announcement was made after market hours yesterday, 11 January 2017.

Meanwhile, the S&P BSE Sensex was up 104.66 points, or 0.39%, to 27,245.07

On the BSE, 34,000 shares were traded on the counter so far as against the average daily volumes of 32,692 shares in the past one quarter. The stock had hit a high of Rs 33 and a low of Rs 31.90 so far during the day.

The stock hit a 52-week high of Rs 40.95 on 28 September 2016. The stock hit a 52-week low of Rs 17.70 on 29 February 2016. The stock had outperformed the market over the past 30 days till 11 January 2017, rising 2.35% compared with 1.66% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 13.89% as against Sensexs 1.82% fall.

The small-cap company has equity capital of Rs 40.81 crore. Face value per share is Rs 10.

Murudeshwar Ceramics has steadily progressed to become one of Indian++s largest tile manufacturing company, producing the widest range of products in ceramic and vitrified tiles.

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Board of Tree House Education & Accessories to review business and consider franchise operations
Jan 12,2017

Tree House Education & Accessories announced that a meeting of the Board of Directors of the Company is scheduled to be held on 12 January 2017, inter alia, to consider and approve:

1. To discuss the current working of the Company and consider various options including converting self-operated pre-schools of the Company into franchise operations going forward.

2. To review the operations of the Company, to recoup the lost momentum and market share of the Company.

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Board of Tree House Education & Accessories to review business and consider franchise operations
Jan 12,2017

Tree House Education & Accessories announced that a meeting of the Board of Directors of the Company is scheduled to be held on 12 January 2017, inter alia, to consider and approve:

1. To discuss the current working of the Company and consider various options including converting self-operated pre-schools of the Company into franchise operations going forward.

2. To review the operations of the Company, to recoup the lost momentum and market share of the Company.

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D B Corp to consider Q3 results and interim dividend
Jan 12,2017

D B Corp announced that a meeting of the Board of Directors of the Company is convened to be held on 19 January 2017, inter alia, to consider and approve the Un-audited Financial Results of the Company for the 3rd quarter ended on 31 December 2016 (Q3) and to consider declaration of Interim Dividend for the FY 2016-17, if any.

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India-CERT Signs an MoU with US-CERT
Jan 12,2017

India and USA have signed a Memorandum of Understanding (MoU) between the Indian Computer Emergency Response Team (CERT- In) under the Ministry of Electronics and Information technology of the Government of India and the Department of Homeland Security, Government of the United States of America on cooperation in the field of cyber Security. The MoU was signed by Smt. Aruna Sundararajan, Secretary, Ministry of Electronics and Information Technology and Mr. Richard Verma, US Ambassador to India today.

The MoU intends to promote closer co-operation and the exchange of information pertaining to the Cyber Security in accordance with the relevant laws, rules and regulations of each economy and this Memorandum of Understanding (MoU) and on the basis of equality, reciprocity and mutual benefit.

Earlier United States and India signed an MoU on 19th July, 2011 to promote a closer cooperation and timely exchange of information between the organizations of their respective Governments responsible for Cyber Security. Since, 19.07.2011 regular interactions between CERT-In and US CERT are taking place to share the information and discuss cyber security related issues.

In continuation to the cooperation in cyber security areas both have renewed the MOU.

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Bharat Financial Inclusion assigns receivables aggregating Rs 271.73 cr
Jan 12,2017

Bharat Financial Inclusion announced that the Company on 11 January 2017 assigned a pool of receivables of an aggregate value of Rs. 271.73 crore to one of the largest public sector banks on direct assignment basis as per the guidelines prescribed by the Reserve Bank of India. This may be one of the largest assignment transactions in the microfinance industry post demonetization.

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Suncare Traders announces resignation of CFO
Jan 12,2017

Suncare Traders announced that Parth Shah, CFO of the Company, has tendered his resignation from the said post. The Company received his letter of resignation on 11 January 2017.

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NTPC gains as board approves investment for Dulanga coal mining project
Jan 12,2017

The announcement was made after market hours yesterday, 11 January 2017.

Meanwhile, the BSE Sensex was up 44.10 points, or 0.16%, to 27,197.65

On the BSE, 5,885 shares were traded on the counter so far as against the average daily volumes of 2.28 lakh shares in the past one quarter. The stock had hit a high of Rs 165.15 and a low of Rs 164.40 so far during the day.

The stock hit a 52-week high of Rs 169.95 on 19 August 2016. The stock hit a 52-week low of Rs 116.80 on 25 February 2016. The stock had underperformed the market over the past 30 days till 11 January 2017, falling 0.3% compared with 1.66% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 13.89% as against Sensexs 1.82% fall.

The large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

NTPCs net profit declined 17.87% to Rs 2495.97 crore on 8.41% rise in net sales to Rs 19241.47 crore in Q2 September 2016 over Q2 September 2015.

Established in 1975, NTPC is Indias largest power utility with an installed capacity of 48,028 megawatts (MW).

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Board of Swarna Securities to consider December quarter results
Jan 12,2017

Swarna Securities announced that the meeting of the Board of Directors will be held on 30 January 2017, inter alia, to consider the Un-audited financial results of the Company for the quarter ending 31 December 2016.

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Somany Ceramics to announce Q3 and 9M results
Jan 12,2017

Somany Ceramics announced that the meeting of the Board of Directors of the Company will be held on 24 January 2017, inter alia, to consider and approve:

- The Un-Audited Financial Results for the quarter and nine months ended 31 December 2016.

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TCS in focus ahead of Q3 results
Jan 12,2017

Shares of Tata Consultancy Services (TCS) will be in focus ahead of its Q3 December 2016 results today, 12 January 2016.

NTPC said that the board of directors of the company has accorded investment approval for Dulanga coal mining project having rated production capacity of 7 MTPA at an appraised estimated cost of Rs 1053.41 crore. The announcement was made after market hours yesterday, 11 January 2017.

Biocon and Mylan N V announced that the US Food and Drug Administration (FDA) has accepted Mylans biologics license application (BLA) for MYL-1401O,a proposed biosimilar trastuzumab, for filing through the 351(k) pathway. This product is a proposed biosimilar to branded trastuzumab,which is indicated to treat certain HER2-positive breast cancers. The anticipated FDA goal date set under the Biosimilar User Fee Act(BsUFA) is 3 September 2017. The announcement was made after market hours yesterday, 11 January 2017.

Adani Ports and Special Economic Zone (APSEZ) said that its Finance Committee has executed the agreements pertaining to issuance of fixed rate senior unsecured notes (Notes) instead of the draft of the aforesaid agreements being approved by the Finance Committee in the earlier meeting. The announcement was made before market hours today, 12 January 2017.

APSEZ announced on 10 January 2017 that pursuant to the powers delegated to the Finance Committee by the board of directors of the company, the Finance Committee had reviewed and approved the preliminary offering circular in relation to the proposed issuance of foreign currency denominated bonds (Notes) in US dollars by the company. The issuance of notes offering may follow, subject to market conditions.

Dewan Housing Finance Corporation said that the company proposes to seek the approval of its board of directors at a meeting scheduled to be held on 16 January 2017, for raising funds by way of issue of preference shares. The announcement was made after market hours yesterday, 11 January 2017.

MRF said it signed a memorandum of understanding (MoU) with the Government of Gujarat expressing its in-principle intention to set up a new manufacturing facility in Gujarat for manufacturing automotive tyres, tubes, flaps and related products. The company proposes to invest a sum of about Rs 4500 crore over a ten year period in a phased manner. The new plant is planned to be set up in Gujarat with the intention of broad basing the companys manufacturing facilities across India. The project will be funded by internal accruals and / or debt. The announcement was made after market hours yesterday, 11 January 2017.

Atlanta said it has been declared as a preferred bidder for six laning a section of National Highway (NH)-8 in Gujarat under NHDP Phase V (Package-VI) on hybrid annuity mode at a total project cost of Rs 1292 crore by the National Highways Authority of India (NHAI). The company will form a special purpose vehicle (SPV) for the implementation of the said project. The announcement was made after market hours yesterday, 11 January 2017.

Ballarpur Industries said that India Ratings & Research (a Fitch Group Company) has revised the Long-Term Issuer Rating and the ratings on its non-convertible debenture to IND BBB- from IND A-, while resolving the Rating Watch Evolving. The announcement was made after market hours yesterday, 11 January 2017.

Mahindra Holidays & Resorts India, through Covington S.a.r.I, Luxembourg (Covington), its step-down subsidiary, has increased its stake in Holiday Club Resorts Oy, Finland (HCR) by acquiring additional 6.33% stake in the share capital of HCR. Consequently, its stake in HCR has been increased to 91.94% from 85.61% earlier. The announcement was made after market hours yesterday, 11 January 2017.

Great Eastern Shipping Company said that a meeting of the debenture issue committee is scheduled on 16 January 2017, to consider the issue of unsecured non-convertible debentures upto an amount not exceeding Rs 500 crore by way of private placement. The announcement was made after market hours yesterday, 11 January 2017.

Murudeshwar Ceramics said that a meeting of the board of directors of the company will be held on 25 January 2017 to consider issue of equity shares / convertible warrants to the promoter / promoters group companies on preferential basis. The announcement was made after market hours yesterday, 11 January 2017.

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Board of Tirupati Industries (India) accepts resignation of director
Jan 11,2017

Tirupati Industries (India) announced that Board of Directors had accepted the resignation of Anjali Parasnis, Independent Director of the Company.

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Sang Froid Labs (India) announces change in directorate
Jan 11,2017

Sang Froid Labs (India) announced that Kishore Amarnath Das has been appointed as Non-Executive Independent Director and Jitendra H. Gohel and Sonaki Shilpaben Kameleshbhai has resigned from the Directorship of the Company w.e.f. 07 January 2017.

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India and Israel committed to strengthen bilateral relations in the field of Agriculture
Jan 11,2017

Union Agriculture and Farmers Welfare Minister, Shri Radha Mohan Singh met Israeli delegation led by the Agriculture and Rural Development Minister of Israel, Shri Uri Ariel to discuss issues relating to bilateral cooperation in agriculture between India and Israel. Both sides expressed satisfaction over the progress made in cooperation in the agriculture and allied sectors between the two countries.

Both sides expressed their commitment to further strengthen bilateral relations in the field of Agriculture which is manifested by the fact that the third phase of Action Plan for 2015-18 in the field of Horticulture has recently been finalized by the two countries. Under this program, as many as 27 Centres of Excellence (CoEs) in the cultivation of various fruits and vegetables, in 21 states, are being set up, out of which 15 CoEs are complete.

Further, both sides expressed the hope that while continuing the two countries could embark upon newer areas of cooperation at the Government to Government and Business to Business levels between the two countries so as to further enhance the relationship.

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