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Australia Shares up on materials
Mar 23,2017

Australian equity market finished session higher on Thursday, 23 March 2017, snapping three straight days of losses, buoyed by the materials sector and gains from miner BHP Billiton. The market also found support from new bilateral agreements on beef exports, energy and security, which were expected to be signed between Australia and China during a four-day visit by Chinese Premier Li Keqiang. At the close, the benchmark S&P/ASX 200 index closed up 0.4%, or 23.49 points, at 5,708. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 561 to 460 and 343 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.04% to 12.257.

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Siemens wins an order worth Rs 187.4 crore
Mar 23,2017

Siemens announced that it has won an order worth approximately Rs. 187.4 crore from Bangladesh Rural Electrification Board (BREB), Dhaka. The project includes construction of new 33/11 kV Air Insulated Switchgear substations in Dhaka, Chittagong and Sylhet.

BREB is an electricity distribution provider under the Government of Bangladesh responsible for providing electricity to the rural parts of Bangladesh. The project is part of BREBs efforts to upgrade the countrys rural electricity distribution system and will contribute to accomplishingthe Government of Bangladeshs Vision of n++Electricity for All by 2021n++.

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Coal India announces change in directorate
Mar 23,2017

Coal India announced the appointment of Vinod Jain, Independent Director, Coal India on the Board of South Eastern Coalfields (SECL) Material Subsidiary Company as Independent Director.

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GRUH Finance allots 147740 equity shares
Mar 23,2017

GRUH Finance has allotted 147740 equity shares under ESOS. Post the allotment of shares, the paid up share capital of the company has increased to 36,45,64,484 equity shares of Rs 2 each aggregating Rs 72.91 crore.

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Rashtriya Chemicals & Fertilizers issues commercial paper worth Rs 150 crore
Mar 23,2017

Rashtriya Chemicals & Fertilizers has issued Commercial Paper for Rs.150 crore on 23 March 2017, in favour of State Bank of India, having maturity date as 21 June 2017. Further, the Commercial Paper issued by the Company on 23 December 2016 for Rs.150 crore has been redeemed on 23 March 2017.

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NFHS-4 indicates reduction in percentage of underweight and stunted children in the country
Mar 23,2017

The Ministry of Women & Child Development is implementing Integrated Child Development Services (ICDS) Scheme, Scheme for Adolescent Girls (AGs) and Maternity Benefit Programme (MBP) as direct targeted interventions to address the problem of malnutrition in the country.

An amount of Rs.5866.68 Crores, Rs.6711.90 Crores & Rs.8048.72 Crores released to States/UTs for Supplementary Nutrition under ICDS Scheme for the year 2013-14, 2014-15 and 2015-16 respectively. Similarly, Rs.575.36, Rs.610.32 Crores, Rs. 470.40 Crores was released to States/UTs under Scheme for Adolescent Girls for the year 2013-14, 2014-15 and 2015-16 respectively. An amount of Rs 232.05 Crores for the year 2013-14, Rs. 343.13 Crores for the year 2014-15 and Rs.233.46 Crores for the year 2015-16 was also released to States/UTs under Maternity Benefit Programme.

Under the ICDS scheme, there is a provision of Supplementary Nutritious Food to the beneficiaries. Take Home Ration is given to Pregnant Women & Lactating Mothers, children (6 months - 3 years) and severely malnourished children and Hot Cooked Meals are provided to children (3 - 6 years). ICDS is a universal and a self-selecting scheme. Those who visit Anganwadi Centers and enroll themselves can avail these services.

As per the recent report of National Family Health Survey (NFHS) - 4, 2015-16, 35.7% children under 5 years of age are underweight and 38.4% are stunted indicating a reduction from the previous data captured in NFHS - 3, 2005-06, which reported 42.5% children under 5 years of age as underweight and 48% stunted.

Malnutrition is not a direct cause of death but contributes to mortality and morbidity by reducing resistance to infections. As per the Sample Registration Report (SRS), 2010-13 of Registrar General of India, the major causes of deaths of children are - Prematurity & low birth weight (29.8%); Pneumonia (17.1%); Diarrhoeal disease (8.6%); Other Non-Communicable Diseases (8.3%); Birth asphyxia & birth trauma (8.2%); Injuries (4.6%); Congenital anomalies (4.4%); Ill-defined or cause unknown (4.4%); Acute bacterial sepsis and severe infections (3.6%); Fever of unknown origin (2.5%) and all other remaining causes (8.4%). However, the data regarding death of children and women due to malnutrition is not maintained by this Ministry.

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Board of Bharat Petroleum Corporation recommends dividend
Mar 23,2017

Bharat Petroleum Corporation announced that the Board of Directors of the Company at its meeting held on 23 March 2017, inter alia, have recommended the dividend of Rs 12 per equity Share (i.e. 120%) , subject to the approval of the shareholders.

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Bharti Airtel to acquire 4G business of Tikona
Mar 23,2017

Bharti Airtel announced that it will acquire the 4G business of Tikona along with the BWA Spectrum in the 2300 MHz band in UP (East), UP (West) and Rajasthan through its subsidiary Bharti Hexacom, thereby achieving pan India footprint in the 2300 MHz band. This acquisition will significantly bolster Airtels current spectrum holding in all the 5 circles and specifically in Gujarat and Himachal Pradesh to 30 MHz in that band. The cost of acquisition in approximately 1600 crore.

Post the completion of transaction, Airtel will have 30 MHz in the 2300 MHz band in 13 circles giving it tremendous advantage to cater to the surging data demand.

Trikonas WIBRO business shall be held by the shareholders of Trikona.

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Board of Indian Oil Corporation recommends dividend
Mar 23,2017

Indian Oil Corporation announced that the Board of Directors of the Company at its meeting held on 23 March 2017, inter alia, have recommended the dividend of Rs 4.5 per equity Share (i.e. 45%) , subject to the approval of the shareholders.

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Board of Hindustan Petroleum Corporation recommends dividend
Mar 23,2017

Hindustan Petroleum Corporation announced that the Board of Directors of the Company at its meeting held on 23 March 2017, inter alia, have recommended the dividend of Rs 6.4 per equity Share (i.e. 64%) , subject to the approval of the shareholders.

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Mangal Credit & Fincorp to hold board meeting
Mar 23,2017

Mangal Credit & Fincorp will hold a meeting of the Board of Directors of the Company on 28 March 2017 Stock Split

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Zee Media Corporation to hold EGM
Mar 23,2017

Zee Media Corporation announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 March 2017 .

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Delta Corp to hold EGM
Mar 23,2017

Delta Corp announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 April 2017 .

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Board of Amba Enterprises recommends dividend
Mar 23,2017

Amba Enterprises announced that the Board of Directors of the Company at its meeting held on 22 March 2017, inter alia, have recommended the dividend of Rs 0.15 per equity Share (i.e. 3%) , subject to the approval of the shareholders.

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Board of Hindustan Zinc recommends special dividend
Mar 23,2017

Hindustan Zinc announced that the Board of Directors of the Company at its meeting held on 22 March 2017, inter alia, have recommended the special dividend of Rs 27.5 per equity Share (i.e. 1375%) , subject to the approval of the shareholders.

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