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D S Kulkarni Developers announces resignation of Executive Director
Dec 16,2016

D S Kulkarni Developers announced that Shirish Deepak Kulkarni, Executive Director of the Company has resigned from his duties w.e.f. 16 December 2016.

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Outcome of board meeting of Anubhav Infrastructure
Dec 16,2016

Anubhav Infrastructure announced that the Board of Directors of the Company at its meeting held on 16 December 2016 approved the migration of the Company from BSE SME segment to Main Board of BSE.

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Shares of TCI Express get listed on NSE and BSE
Dec 16,2016

The equity shared of TCI Express are now listed on NSE and BSE with effect from 15 December 2016. The stock listed at an opening value of Rs 369.25 on NSE and Rs 367.95 on BSE. The closing price was Rs 351.95 per share on NSE and Rs 350.55 per share on BSE.

Earlier this year, the Company demerged from its parent company, TCI, to form a separate business entity focusing on express delivery services.

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Cyient allots equity shares
Dec 16,2016

Cyient announced that 21,613 equity shares have been allotted to the associates of the Company, upon exercise of the stock options under the Associate Stock Option Plan.

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Jumbo Bag announces resignaiton of company secretary
Dec 16,2016

Jumbo Bag announced that R. Kavitha has relieved from the position of Company Secretary cum Compliance officer of the Company with effect from 15 December 2016.

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Indian Overseas Bank announces cessation of director
Dec 16,2016

Indian Overseas Bank A B D Badushas, Part-time Non-Official Director of the Bank, demitted office on 11 December 2016 on completion of his term of office.

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Board of Rubfila International cancels EGM
Dec 16,2016

Rubfila International announced that the Board of Directors of the Company has decided to cancel the Extra Ordinary General Meeting (EGM) of the Company scheduled to be held on 21 December 2016 due to some regulatory impediment.

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Board of Kothari World Finance appoints directors
Dec 16,2016

Kothari World Finance announced that the Board of Directors of the Company at its meeting held on 16 December 2016 appointed Vivek Mhatre and Atheva Mayekar as Additional Director of the Company followed by their appointment as Independent Director of the Company subject to shareholders approval through Postal Ballot.

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Tata Power Company appoints director
Dec 16,2016

Tata Power Company announced that the Board, at its meeting held on 16 December 2016, has appointed S. Padmanabhan as Additional Director of the Company with immediate effect.

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China Stocks edge up
Dec 16,2016

Mainland China stock market managed to eke out gains after early losses on Friday, 16 December 2016, on easing concerns over liquidity crunch in the banking system after reports Chinas central bank has pumped 600 billion yuan into the financial system over the past two days to stabilize the bond and stock markets. Sectors were mixed, with infrastructure and healthcare recovered some losses early this week, while banks and materials continued to lag on the dollars strength. The Shanghai Composite Index added 0.17% to 3,122.98, while the Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 0.95% to 1,991.64. The ChiNext Index, which tracks Chinas NASDAQ-style board of growth enterprises, jumped 1.13% to close at 1,998.11 points. For the week, the Shanghai Composite Index was down 3.4%, its worst retreat in nearly eight months.

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Nikkei hits new one-year high
Dec 16,2016

The Japan share market closed at fresh one-year high on Friday, 16 December 2016, as the yen depreciation to upper 118 level against greenback boosted exporters, meanwhile Japan financials were benefited from rising yields for global government bonds. The benchmark Nikkei 225 index added 0.66 per cent, or 127.36 points, marking its highest closing level since December 2015. The broader Topix index of all first-section shares was up 0.52 per cent, or 7.95 points, to finish at 1,550.67

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Australia Stocks end lower
Dec 16,2016

Australian share market finished session slight below neutral line on Friday, 16 December 2016, weighed down by weakness in commodity-related stocks, however, strength in consumer goods, industrial and realty counters helped to limit losses. At the closing bell, the benchmark S&P/ASX 200 index declined 5.70 points, or 0.1%, to 5532.90, while the broader All Ordinaries index dropped 5.30 points, or 0.09%, to close at 5589.70.

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Anuh Pharma surges after manufacturing site gets EUGMP certificate
Dec 16,2016

The announcements were made during market hours today, 16 December 2016.

Meanwhile, the BSE Sensex was up 9.07 points, or 0.03%, to 26,528.14.

High volumes were witnessed on the counter. On the BSE, 1.35 lakh shares were traded in the counter so far, compared with an average volume of 14,594 shares in the past one quarter. The stock had hit a high of Rs 245 and a low of Rs 208.35 so far during the day. The stock had hit a 52-week high of Rs 344 on 21 December 2015. The stock had hit a 52-week low of Rs 159 on 21 April 2016.

Anuh Pharma announced that French National Agency for Medicines and Health Products Safety (ANSM) considers manufacturing site of Anuh Pharma at E-17/3 and E-17/4, MIDC Tarapur, Taluka Palghar, District Thane 401506, Boisar, Maharashtra, India site in compliance with principles of good manufacturing practices (GMP) for active substances referred to in Article 47 of directive 2001/83/EC and has granted European Union good manufacturing practices (EUGMP) certificate for Erythromycin Ethyl Succinate and Pyrazinamide products.

ANSM had carried out the inspection of the manufacturing site on 16 September 2016.

Separately, Anuh Pharma announced that World Health Organisation (WHO), Geneva, considers the manufacturing site of the company at E-17/3 and E-17/4, M.I.D.C. Tarapur, Taluka Palghar, District Thane 401506, Boisar, Maharashtra, India in compliance to WHO GMPs for Pyrazinamide APIMF158and Sulfadoxine APIMF234, active pharmaceutical ingredients.

The inspection of the manufacturing site by the WHO was carried out on 16 September 2016.

Anuh Pharmas net profit dropped 34.5% to Rs 4.87 crore on 44.2% drop in net sales to Rs 50.07 crore in Q2 September 2016 over Q2 September 2015.

Anuh Pharma manufactures active pharmaceutical ingredients (APIs). The company is one of the largest producers of macrolides in the country.

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Board of Tamilnadu Jai Bharath Mills to consider change in directorate
Dec 16,2016

Tamilnadu Jai Bharath Mills announced that a meeting of Board of Directors of the Company is proposed to be held on 24 December 2016, to consider the resignation of D. Senthilkumar as a Executive Director and Whole Time Director and to continue as a Director of the Company.

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A2Z Infra Engg advances after its subsidiary wins contract
Dec 16,2016

The announcement was made during market hours today, 16 December 2016.

Meanwhile, the S&P BSE Sensex was down 10.90 points or 0.04% at 26,508.17.

On the BSE, 3.12 lakh shares were traded on the counter so far as against the average daily volumes of 2.87 lakh shares in the past one quarter. The stock had hit a high of Rs 44 and a low of Rs 41.75 so far during the day. The stock had hit a 52-week high of Rs 51.65 on 1 November 2016 and a 52-week low of Rs 16.50 on 12 February 2016.

The stock had outperformed the market over the past one month till 15 December 2016, gaining 15.66% compared with the 0.82% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 9.35% as against Sensexs 6.67% decline.

The small-cap company has equity capital of Rs 130.10 crore. Face value per share is Rs 10.

A2Z Infra Engineering announced that Delhi Metro Rail Corporation (DMRC), a joint venture of Government of India and Government of Delhi has awarded three facility management services contacts to A2Z Infraservices, a material subsidiary of the company.

The aggregate value of the contracts is Rs 39.31 crore, excluding service tax with additional increase in actual wages.

A2Z Infra Engineering reported net loss of Rs 16.65 crore in Q2 September 2016, higher than net loss of Rs 8.40 crore in Q2 September 2015. The companys net sales declined 42.7% to Rs 149.38 crore in Q2 September 2016 over Q2 September 2015.

A2Z Infra Engineering (formerly known as A2Z Maintenance & Engineering Services) is a fast growing, fully integrated electrical business group (EBG) in India catering to the needs of domestic and international power sector clients in building distribution and transmission infrastructure.

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