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Bodhtree Consulting receives order worth Rs 9.41 crore
Feb 22,2017

Bodhtree Consulting has received the purchase order worth Rs 9.41 crore for supply of additional bio-metrics OFAMOS Devices for Digital Mission Mode Project from Medical Council of India on 21 February 2017.

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Tata Elxsi partners with NOS
Feb 22,2017

Tata Elxsi has announced that it has partnered with NOS to accelerate RDK deployment by leveraging Tata Elxsis deep expertise and off-the-shelf solutions for RDK rollout.

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Cox & Kings gets revision in credit ratings
Feb 22,2017

Cox & Kings announced that Credit Analysis & Research (CARE), the Rating Agency, has reaffirmed and enhanced the Commercial Paper issue carved out of sanctioned working capital limit of the Company from the existing Rs. 1082 crore to Rs. 1122 crore. The Rating has been reaffirmed as CARE A1+ (A One Plus). Instruments with this rating indicate very strong capacity for timely payment of financial obligations and carry lowest credit risk.

CARE has also reaffirmed and enhanced the long term bank facilities of the Company from existing Rs. 1206 crore to Rs. 1246 crore. The Rating has been reaffirmed as CARE AA (Double A). Instruments with this rating indicate high safety for timely servicing of debt obligations and carry very low credit risk.

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Minda Industries to form JV with Katolec Corporation, Japan
Feb 22,2017

Minda Industries announced that the Company on 22 February 2017 has signed the Joint Venture Agreement with Katolec Corporation, Japan to manufacture the products including high end electronics like Printed Circuit Boards (PCB) and Box Build Assemblies. The Joint Venture Company is proposed to be set in Pune, Maharashtra.

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SPS Finquest announces resignation of director
Feb 22,2017

SPS Finquest announced that Hitesh Shah has resigned as an Independent Director of the Company from 20 February 2017. His resignation letter dated 20 February 2017 received on 22 February 2017.

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Board of International Paper APPM approves change in Chairman
Feb 22,2017

International Paper APPM announced that the Board of Directors of the Company at its meeting held on 22 February 2017 has accepted the resignation of Rampraveen Swaminathan, Chairman and MD with effect from 27 April 2017 and appointed Donald Paul Devlin as Additional Director effect 22 April 2017 and as Chairman and MD effective 28 April 2017.

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Board of EID Parry (India) approves investment of Rs 231 crore in subsidiaries
Feb 22,2017

EID Parry (India) announced that the Board of Directors of the Company at their meeting held on 21 February 2017 accorded their approval for the following:-

1. Investments held in the Cumulative Redeemable Preference Shares in Parry Sugars Refinery India (PSRIPL), a Wholly Owned Subsidiary aggregating to Rs. 141 crore to be converted into equity shares of PSRIPL.

2. Investment of an amount of Rs. 90 Lakh in the Equity Share Capital of Parrys Investments, a wholly owned subsidiary.

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DCW commences manufacturing operations at factory in Sahupuram, Tamil Nadu
Feb 22,2017

DCW announced that Management has reached settlement with the Workers Union of the Companys factory at Sahupuram, Tamil Nadu and lock out has been withdrawn from 22 February 2017. The manufacturing operations also commence from 22 February 2017.

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Punjab & Sind Bank intimates of bank strike
Feb 22,2017

Punjab & Sind Bank announced that Indian Banks Association has informed that convener of United Forum of Bank Unions (AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO) has served a notice that all the constituent unions have proposed to go on strike on 28 February 2017.

If the strike materialises, a certain section of the Banks employees may participate in strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected.

The Bank is taking all necessary steps in terms of the existing guidelines to deal with the strike and for smooth functioning of Banks branches / offices.

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Ramco Systems bags multi-million dollar Cloud deal for Ramco ERP
Feb 22,2017

Ramco Systems has secured a multi-million dollar Cloud deal (about USD 2.5 million) from Allegis Group Australia for Ramco ERP for Services Resource Planning (SRP), Human Capital Management (HCM) & Payroll to be implemented across 8 Countries including India, Singapore, Malaysia, China, Hong Kong, Japan, Australia and New Zealand covering 7000+ employees & contractors.

Allegis Group is the global leader in talent solutions, and the largest privately-held staffing company in the world.

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Board of Castrol India recommends final dividend
Feb 22,2017

Castrol India announced that the Board of Directors of the Company at its meeting held on 21 February 2017, inter alia, have recommended the final dividend of Rs 4.5 per equity Share (i.e. 90%) , subject to the approval of the shareholders.

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Board of Castrol India recommends special dividend
Feb 22,2017

Castrol India announced that the Board of Directors of the Company at its meeting held on 21 February 2017, inter alia, have recommended the special dividend of Rs 2 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

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Huhtamaki PPL to hold EGM
Feb 22,2017

Huhtamaki PPL announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 30 March 2017.

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Castrol India to hold AGM
Feb 22,2017

Castrol India announced that the Annual General Meeting (AGM) of the company will be held on 31 May 2017.

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Board of Elantas Beck India recommends final dividend
Feb 22,2017

Elantas Beck India announced that the Board of Directors of the Company at its meeting held on 21 February 2017, inter alia, have recommended the final dividend of Rs 4.5 per equity Share (i.e. 45%), subject to the approval of the shareholders.

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