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Board of Pennar Industries decides to voluntarily delist from MSE
Feb 16,2017

Pennar Industries announced that the Board of Directors of the Company has passed a resolution by circulation with respect to voluntary delisting of the Company from Metropolitan Stock Exchange of India (MSE) on 13 February 2017.

However, the equity shares of the Company shall continue to be listed on BSE and National Stock Exchange of India, both having nationwide trading terminals.

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Vidli Restaurants announces resignation of director
Feb 16,2017

Vidli Restaurants announced that Mahesh Gandhi has resigned from the office of Director of the Company with effect from 15 February 2017 due to his personal commitments.

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Captain Polyplast appointed as DCA cum CS by Indian Oil Corporation
Feb 16,2017

Captain Polyplast has been appointed as Del Credere Associates cum Consignment Stockists (DCA cum CS) by Indian Oil Corporation vide its letter of appointment dated 15 February 2017 for marketing of polymer in Gujarat state.

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Filtra Consultants & Engineers launches e-commerce website
Feb 16,2017

Filtra Consultants & Engineers has launched an e-commerce website. It is Indias first B2B e-commerce website for water treatment components.

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Multiplus Holdings appoints compliance officer
Feb 16,2017

Multiplus Holdings announced that the Company have appointed Nimit Merchant as Compliance officer of the Company.

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ABB India to deliver 110 kV digital substation
Feb 16,2017

ABB India will deliver a 110 kilovolt (kV) digital substation to Technopark, the largest Information Technology (IT) park in India, based on built-up area, located in the southern state of Kerala and spanning an area of 930,000 square meters. Due to the nature of the industry, the campus is highly dependent on reliable, round the clock power to serve the 350 companies employing more than 50,000 people.

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Polaris Consulting & Services allots 16890 equity shares
Feb 16,2017

Polaris Consulting & Services has allotted 16,890 equity shares of Rs 5 under ASOP schemes on 16 February 2017.

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MCX signs MoU with Singapore Diamond Investment Exchange
Feb 16,2017

Multi Commodity Exchange of India and Singapore Diamond Investment Exchange have signed a Memorandum of Understanding for establishing areas of cooperation between the two exchanges.

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Cadila Healthcare intimates of successful USFDA inspection of Moraiya facility
Feb 16,2017

Cadila Healthcare announced that the USFDA inspected Companys Moraiya facility from 06 February 2017 to 15 February 2017.

At the end of the inspection, no observation (483) is issued.

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Board of Nestle India recommends final dividend
Feb 16,2017

Nestle India announced that the Board of Directors of the Company at its meeting held on 15 January 2017, inter alia, have recommended the final dividend of Rs 23 per equity Share (i.e. 230%) , subject to the approval of the shareholders.

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Board of CESC recommends dividend
Feb 16,2017

CESC announced that the Board of Directors of the Company at its meeting held on 15 February 2017, inter alia, have recommended the dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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Reliance Infrastructure intimates of incorporation of Dassault Reliance Aerospace
Feb 16,2017

Reliance Infrastructure promoted Reliance Aerostructures Joint Venture (JV) with Dassault Aviation DASSAULT RELIANCE AEROSPACE (DRAL) has been incorporated.

Eric Trappier, Chairman of Dassault Aviation France, will be the Chairman, and Anil D Ambani, Chairman of Reliance Group, will be the Co-Chairman of DRAL.

Reliance Aerostructure (RAL) will have 51% shareholding in the JV, while Dassault Aviation (DA) will hold 49%.

On 23 September 2016, India and France signed a purchase agreement for supply of 36 Rafale fighter jets at a value of n++7.87 billion, or about Rs.60,000 crore. The contract includes a 50% offset obligation to the tune of approximately Rs. 30,000 crore, which is the largest ever offsetcontract in the history of India. DRAL will be a key player in the execution of offset obligations.

DRAL has finalized the Infrastructure requirements at Dhirubhai Aerospace Park at Mihan, Nagpur and the construction work for the greenfield facility will start in May 2017, and production by end-2017.

DRAL will execute the programs in phases, with Phase I resulting in the generation of more than 700 highly-skilled direct jobs and 2,800 indirect jobs.

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Super Crop Safe receives GMP Certificate
Feb 16,2017

Super Crop Safe has received from GMP (Good Manufacturing Practice) Certificate no: G-RS-1702-1587 issued on 02 February 2017 and valid till01 February 2020 after successful inspection of manufacturing facilities of Nutraceuticals - Spirulina Powder, Tablet, Capsules and other Spirulina based Formulations and Compliance with the requirement of the GMP (Good Manufacturing Practice). This will facilitate the Company toexpand market ofNutraceuticals- Spirulina Po wder, Tablet, Capsules and other Spirulina based Formulations in domestic as well as international market.

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IL&FS Engineering & Construction Co secured two pipeline laying contract worth Rs 123.05 crore
Feb 16,2017

IL&FS Engineering & Construction Co has received Fax of Acceptance from Gas Authority of India for two pipeline laying contracts worth Rs 123.05 crore (plus Service Tax) in Kerala and Karnataka. Both the spreads are contiguous and are part of Kochi-Koottanad- Mangalore pipeline project.

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City Union Bank opens two branches
Feb 16,2017

City Union Bank has inaugurated two new branches at TVS Nagar and Modakurichi in Tamil Nadu on 16 February 2017.

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