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ARC Finance announces board meeting date
Aug 05,2017

ARC Finance will hold a meeting of the Board of Directors of the Company on 12 August 2017.

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Mudra Financial Services to declare Quarterly Result
Aug 05,2017

Mudra Financial Services will hold a meeting of the Board of Directors of the Company on 11 August 2017, to approve and take on record the Unaudited Financial Results of the Company for the Quarter ended 30th June, 2017

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Soni Medicare to announce Quarterly Result
Aug 05,2017

Soni Medicare will hold a meeting of the Board of Directors of the Company on 12 August 2017.

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Akashdeep Metal Industries to discuss results
Aug 05,2017

Akashdeep Metal Industries will hold a meeting of the Board of Directors of the Company on 10 August 2017, to consider and approve the un-audited financial results for the quarter ending 30th June 2017.

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NAAC launches Revised Accreditation Framework
Aug 05,2017

In its efforts to remain relevant and globally acceptable, NAAC has taken cognizance of the changing trends in higher education, stakeholder perceptions and feedback, besides the avalanche of experience gained from its accreditation exercise involving more than 11,132 institutions [518 Universities and 10614 Colleges] till July 2017, which stand in good stead in all its endeavours.

Over the last few months, NAAC has conducted several rounds of stakeholder interactions, a National Workshop and Meetings of several Working Groups for the preparation of the Manuals for Universities, Autonomous Colleges and Affiliated Colleges. The draft framework was pilot tested on select Higher Education Institutions (HEIs) across the country.

A National Consultation on the Revised Accreditation Framework was held on 25th April, 2017 at New Delhi. Shri Prakash Javadekar, Minister for Human Resource Development, Government of India, inaugurated the programme in which eminent academicians and educationists actively participated.

The Revised Accreditation Framework which became operational in July 2017, is ICT enabled, objective, transparent, scalable and robust. The new framework is a subtle combination of System Generated Scores (SGS) with a combination of online evaluation (70%) and Peer evaluation (30%) which would usher in high level of transparency.

The Revised Framework is more ICT intensive and outcome based. The current grading pattern of NAAC (A++, A+, A, B++, B+, B, C, D) would be continued for accreditation. A system of applying minimum qualifiers for achieving a grade has been designed and will be implemented. For example, Universities should score a minimum of 3.01 in Criteria 1, 2 and 3 for achieving a n++An++ n++A+n++ n++A++n++grade.

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Bank of Baroda plans issuance of AT-1 Capital Bonds
Aug 05,2017

Bank of Baroda announced that the Finance Committee of the Bank has approved on 05 August 2017 the issuance of AT-1 Capital Bonds compliant with Basel III Capital Regulations of the RBI for minimum amount of Rs 500 crore with Green Shoe Option, total issuance not exceeding Rs 1500 crore.

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United Bank of India allots 16,74,67,948 equity shares
Aug 05,2017

United Bank of India has allotted 16,74,67,948 equity shares of Rs 10 each at a price of Rs 24.96 per share including premium to the President of India on behalf of the Central Government. Post the allotment, the GoIs holding in the bank has increased from 85.23% to 86.81%.

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Andhra Petrochemicals announces appointment of nominee director
Aug 05,2017

Andhra Petrochemicals announced the appointment of Siddharth Jain, I.A.S., as Additional Director with effect from 05 August 2017 as Nominee of Andhra Pradesh Industrial Development Corporation.

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Gujarat Fluorochemicals issues security for loan availed by subsidiary Inox Wind Infrastructure Services
Aug 05,2017

Gujarat Fluorochemicals has issued security to Axis Finance (Lender) for providing of loan of Rs 104 crore to its step-down Subsidiary Inox Wind Infrastructure Services

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Dhampur Sugar Mills to pay dividend
Aug 05,2017

Dhampur Sugar Mills announced that Dividend if declared in the ensuing AGM, shall be payable on or after 04 September 2017 (with 30 days).

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Glenmark Pharmaceuticals to pay dividend
Aug 05,2017

Glenmark Pharmaceuticals announced that dividend, if approved by the Members at the ensuing AGM, will be paid on or after 03 October 2017.

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Electrotherm (India) appoints director
Aug 05,2017

Electrotherm (India) announced the appointment of Vivek Sharma (DIN: 07897857) as an Additional Director in the category of Non-Executive Independent Director.

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Prakash Industries proposes demerger of pipe division, issue of new FCCBs and fund raising
Aug 05,2017

Prakash Industries announced its proposal for demerger of PVC pipe division. The Company also plans to issue new FCCBs towards outstanding cash consideration/ obligations of USD 17.85 million to bond holders and raise funds up to Rs 500 crore through QIP and/or preferential allotment. The Board of Directors of the Company will consider all above mentioned matters on 24 August 2017.

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Repco Home Finance to pay dividend
Aug 05,2017

Repco Home Finance announced that Dividend if any declared by the members at the ensuing Annual General Meeting will be paid on or before 19 October 2017 being the statutory time limit.

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VRL Logistics announces change in directorate
Aug 05,2017

VRL Logistics announced the appointment of L R Bhat as a Whole Time Director of the Company in place of Ramesh Shetty, Non-Executive Director of the Company who has expressed his unwillingness to continue as Director w.e.f the date of Annual General Meeting. Shareholders also confirmed the appointment of K N Umesh as a Whole Time Director w.e.f the date of his appointment by the Board (i.e 19 May 2017)

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