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TTI Enterprise fixes record date for consolidation of shares
Nov 18,2016

TTI Enterprise announced that the Board of Directors at their meeting held on 14 November 2016 have fixed the Record date on 22 December 2016 for the purpose of Consolidation of 5 (Five) Equity Shares of face value Rs. 2/- each fully paid up into 1(One) Equity Share of face value Rs. 10/- each fully paid up.

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Board of Balkrishna Industries to consider Q2 results and 2nd interim dividend
Nov 18,2016

Balkrishna Industries announced that a meeting of the Board of Directors of the Company is scheduled to be held on 30 November 2016, inter alia, to consider and approve the Unaudited financial results of the Company for the quarter ended 30 September 2016 (Q2) and to consider declaration of 2nd Interim Dividend on equity shares, if any, for the financial year 2016-2017.

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Budget of Rs. 5501.15 crore for Implantation of Pradhan MantriFasalBima Yojana (PMFBY) During 2016-17.
Nov 18,2016

As per provisions of PMFBY, admissible claims are worked out on the basis of yield data generated from Crop Cutting Experiments (CCEs) submitted by concerned State Governments to the insurance companies. Hence, the number of beneficiaries (to whom the claims are paid) are known only thereafter. The cut-off date for receipt of yield data for Kharif 2016 season is one month from the final harvest i.e. 15th December, 2016. Claims are estimated accordingly.

State-wise details of farmers covered under PMFBY/Weather Based Crop Insurance Scheme (WBCIS) are given below:

State-wise details* of loanee and non-loanee farmers covered  under PMFBY and WBCIS (combined) during Kharif 2016

Sl.

No

States/UTsNo. of Farmers Insured (Lakhs)1Assam 0.512Andhra Pradesh15.093Bihar13.984Chhattisgarh13.265Goa0.0076Gujarat11.917Haryana6.968Himachal Pradesh0.979Jharkhand8.4910Karnataka10.5911Kerala0.2212Madhya Pradesh36.5413Maharashtra66.7914ManipurData not available15Meghalaya0.000616Odisha17.4617Rajasthan53.0518Tamil Nadu0.1319Telangana6.5520Tripura0.0221Uttar Pradesh30.0422Uttarakhand1.2823West Bengal32.40Total326.25

  *Provisional.

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Great Eastern Shipping Company provides business update
Nov 18,2016

Great Eastern Shipping Company announced that its Singapore based subsidiary, Greatship Global Offshore Services, has sold and delivered its 2013-built ROV Support Vessel Greatship Ragini to the buyers.

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Aurionpro Solutions to launch its Malware Isolation product - Isla
Nov 18,2016

Aurionpro Solutions has announced that Isla TM, its industry leading Malware Isolation product will now be available in India from 01 December 2016.

Cyberinc, an Aurionpro Company will make Isla available as an appliance as well as cloud based offering through partners. The Company has established a team of security experts dedicated to supporting India based clients out of its India offices. The Company will also establish a channel of resellers and distributors for Isla in the first quarter of 2017.

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China Stocks fall on capital outflow woes, stronger dollar
Nov 18,2016

Mainland China stock market closed down for second straight session on Friday, 18 November 2016, on funds outflow worries after US Federal Reserve Chair Janet Yellen said the Fed could raise interest rates as soon as next month, which is expected to make emerging markets less attractive. Market heavyweights and financial stocks were hit worst, dragging down overall performance. The benchmark Shanghai Composite Index fell 0.5% to close at 3,192.86 points. The CSI 300 index closed 0.56% down at 3,417.46 points.

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China Stocks fall on capital outflow woes, stronger dollar
Nov 18,2016

Mainland China stock market closed down for second straight session on Friday, 18 November 2016, on funds outflow worries after US Federal Reserve Chair Janet Yellen said the Fed could raise interest rates as soon as next month, which is expected to make emerging markets less attractive. Market heavyweights and financial stocks were hit worst, dragging down overall performance. The benchmark Shanghai Composite Index fell 0.5% to close at 3,192.86 points. The CSI 300 index closed 0.56% down at 3,417.46 points.

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GPT Infraprojects commences trail production at Concrete Sleeper plant
Nov 18,2016

GPT Infraprojects announced the commencement of trail production at the Companys concrete sleeper plant in Pahara village located at Mirzapur district, Uttar Pradesh.

GPT Infraprojects has set up the sleeper facility in Pahara in connection with the World Bank funded Eastern Dedicated Freight Corridor project for supplying concrete sleepers. This production facility, with a capacity of 400,000 sleepers per annum, is one of the 2 facilities being set up for this Rs 246 crore contract of DFC by the Company. The first facility of similar capacity in Ikari, Uttar Pradesh began trail production this September.

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Shipping Corporation of India takes delivery of MV Sabarmati
Nov 18,2016

Shipping Corporation of India announced that on 18 November 2016, SCI has taken physical delivery of secondhand MPSV m.v. SCI Sabarmati (having a gross tonnage of 3306 Metric Tonnes and deadweight of 3352.31 Metric tonnes) at Singapore.

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Zydus Wellness announces appointment of director
Nov 18,2016

Zydus Wellness announced that Kulin Lalbhai is appointed as an Additional Independent Director of the Company for a period of five consecutive years, subject to approval of the members at the ensuing Annual General Meeting.

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Federal Bank allots equity shares
Nov 18,2016

Federal Bank announced that as authorized by the Nomination, Remuneration, Ethics and Compensation Committee, allotment of 5,19,650 (Five lakh nineteen thousand six hundred and fifty only) Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees has been made upon exercise of stock options under ESOS 2010 Scheme for which allottees have paid money.

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Mawana Sugars plans to sell its Titawi Sugar Complex
Nov 18,2016

Mawana Sugars announced that pursuant to a Board Resolution dated 10 May 2016 (which was reported to the stock exchanges), subject to all statutory and other necessary approvals, including shareholders approval, the Board of Directors of the Company has agreed to sell one of the operating units of the Company viz. Titawi Sugar Complex (TSC) situated at Titawi, Distt. Muzaffarnagar, Uttar Pradesh as a going concern on an As is Where is What is basis to Indian Potash.

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Mahanagar Gas to announce September quarter and half year results
Nov 18,2016

Mahanagar Gas announced that a meeting of the Board of Directors of the Company is scheduled to be held on 28 November 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results for the quarter and half year ended 30 September 2016.

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686 petrol pumps had started dispensing cash by 4 p.m today against swiping of debit cards
Nov 18,2016

Cash dispensing facility had become operational at 686 retail outlets by 4 p.m today, of which 350 belonged to IOCL, 266 to BPCL and 70 to HPCL. The Public Sector Oil Companies namely Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, in association with State Bank of India, have come forward to ease out some of the challenges being faced by the common public regarding availability of currencies for day to day transactions, post demonetization of Rs. 500 and Rs. 1000 currency notes.

Senior officials of IOCL, BPCL and HPCL, had a meeting with Ms. Arundhati Bhattacharya, Chairman, State Bank of India, yesterday and it was decided that an amount up to Rs. 2000/- per day per person in cash can be dispensed against swiping of debit card from select petrol pumps where POS machines of SBI are already available. POS machines are the machines which are generally used for debit or credit card transactions. It has been decided to start this facility at around 2500 petrol pumps spread across the country including rural areas, where SBI POS machines are provided. The Oil Industry is also in further discussions with SBI and other Banks to extend this facility to over 20,000 petrol pumps gradually.

This facility will be available even after November 24, 2016. It may be noted that petrol pumps have been accepting currency notes of Rs. 500 and Rs. 1000 denominations and will continue to do so till November 24, 2016. There is no shortage of petroleum products at the petrol pumps and consumers can purchase them as per their needs.

Consumers are also advised to use cashless transactions - credit/debit cards, mobile wallets, loyalty programmes etc. for purchase of fuel so that there is no difficulty to consumers which is mainly associated with cash transactions. In this regard, such facilities for cashless transactions are already available with all the Oil Companies to which substantial number of people have already subscribed.

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Board of Hindustan Composites to consider September quarter results
Nov 18,2016

Hindustan Composites announced that a meeting of the Board of Directors of the Company is scheduled to be held on 28 November 2016, inter alia, to consider and approve the Un-audited Financial Results for the quarter and six months ended 30 September 2016.

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