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State Bank of India intimates of Cabinet approval for proposed merger with 5 associate banks
Feb 16,2017

State Bank of India announced that the Finance Minister of India, in a press briefing earlier on 15 February 2017 has announced that the Cabinet has approved the proposal for merger of State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH) with State Bank of India.

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State Bank of India intimates of Cabinet approval for proposed merger of 5 associate banks with SBI
Feb 16,2017

State Bank of India announced that the Finance Minister of India, in a press briefing earlier on 15 February 2017 has announced that the Cabinet has approved the proposal for merger of State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH) with State Bank of India.

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Update on Tata Steel UK Pension Scheme
Feb 16,2017

Tata Steel announced that the National Trade Union Steel Coordinating Committee (Steel Committee) in the UK has announced with its statement dated 15 February 2017 that its members have voted to support the Companys proposals including the proposal to close the pension scheme in the UK to future accrual.

The formal pension consultation is expected to conclude in the coming days and Tata Steel UK, will continue to review all of the responses and feedback received during this process and will continue to work with the Steel Committee and all relevant stakeholders.

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Kalyani Strategic Systems signs MoU with Aerospace Industries
Feb 15,2017

Bharat Forge announced that Kalyani Strategic Systems, the defense arm of Kalyani Group and Israel Aerospace Industries (IAI) signed a Memorandum of Understanding (MOU) to incorporate a Joint Venture Company (JVC) in India. As part of the MOU IAI and KSSL are aiming to expand their presence in theIndian defense market and to Build, Market and Manufacture specific Air Defense Systems and Ground to Ground & Ground to Sea Munitions.

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National Fertilizer appoints director
Feb 15,2017

National Fertilizer announced Anil Verma has been appointed as Part-time Non-official Independent Director on the Board of the Company w.e.f. 14 February 2017.

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Commercial Syn Bags receives certificate of recognition as Two Star Export House
Feb 15,2017

Commercial Syn Bags has received Certificate of recognition as Two Star Export House for a period of five years with effect from 05 November 2016 under Foreign Trade Policy 2015-2020. The Certificate dated 10 February 2017 was received by the Company on 14 February 2017.

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Board of Centum Electronics recommends dividend
Feb 15,2017

Centum Electronics announced that the Board of Directors of the Company at its meeting held on 14 February 2017, inter alia, have recommended the dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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EID Parry (India) to hold board meeting
Feb 15,2017

EID Parry (India) will hold a meeting of the Board of Directors of the Company on 21 February 2017, to consider declaration of Interim Dividend on the equity capital for the financial year ending March 31, 2017.

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Board of Faze Three allots 30,11,203 equity shares on conversion of warrants
Feb 15,2017

Faze Three announced that the Board of Directors of the Company had, pursuant to the approval of shareholders in the EGM held on 30 September 2016 and other regulatory approvals and requirements allotted 30,11,203 warrants convertible into equivalent number of Equity Shares on preferential basis to Promoter and Promoter Group on October 15, 2016.

Further, the warrant holders have paid the balance 75% of the consideration aggregating to Rs. 4,51,68,045/- and have applied for exercising their right for conversion of 30,11,203 warrants into equivalent number of equity shares.

Consequently, the Board of Directors in its meeting held on 15 February 2017 has issued and allotted 30,11,203 Equity Shares of face value of Rs. 10/- each to the warrant holders.

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MSR India to hold board meeting
Feb 15,2017

MSR India will hold a meeting of the Board of Directors of the Company on 17 February 2017.

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Premco Global to hold board meeting
Feb 15,2017

Premco Global will hold a meeting of the Board of Directors of the Company on 20 February 2017, to fix, date, place and time for calling of Extra-ordinary General Meeting to consider the Special resolution for Premco Global Limited- Employee Stock Option Scheme.

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CHD Chemicals to hold board meeting
Feb 15,2017

CHD Chemicals will hold a meeting of the Board of Directors of the Company on 17 February 2017, to discuss and approve the Preferential Issue of Shares Warrants.

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Board of Winsome Breweries approves change in directorate
Feb 15,2017

Winsome Breweries announced that the Board of Directors of the Company at its meeting held on 14 February 2017, inter alia, has transacted the following business:

1. Appointed Nakul Pasricha as an Additional (Independent) Director; and

2. Took on record the resignation of Sumer Chand Jain as an Independent director.

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Fortis Healthcare provides update on subsidiary - Fortis Hospitals
Feb 15,2017

Fortis Healthcare announced that Fortis Hospitals, subsidiary of the Company on 15 February 2017 has informed the Company that it has increased its shareholding in Fortis Health Management (East) (FHMEL) by 6,000 equity shares (i.e. 12% of total paid-up share capital of FHMEL ) of Rs. 10 each.

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Maruti Suzuki India launches Ertiga Limited Edition
Feb 15,2017

Maruti Suzuki India announced the launch of Ertiga Limited Edition. This Limited Edition Ertiga will be available only in the VXi and VDi variants priced in the range of Rs 7.85 - 8.10 lakh ex showroom, New Delhi.

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