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Board of Cyient recommends final dividend
Apr 21,2017

Cyient announced that the Board of Directors of the Company at its meeting held on 20 April 2017, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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Board of Mastek recommends final dividend
Apr 21,2017

Mastek announced that the Board of Directors of the Company at its meeting held on 20 April 2017, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Mastek to hold AGM
Apr 21,2017

Mastek announced that the Annual General Meeting (AGM) of the company will be held on 22 June 2017.

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Narayana Hrudayalaya enters into definitive agreement to acquire NewRise Healthcare
Apr 21,2017

Narayana Hrudayalaya has entered into a definitive agreement to acquire 100% stake in NewRise Healthcare from Panacea Biotec to announce its first hospital in Gurugram.

This multi-speciality hospital is in final stages of completion and is expected to be commissioned within the next 9 months. Located in South-Western part of NCR, it complements groups East Delhi based Dharamshila Narayana Superspeciality Hospital which is presently an oncology focused unit and will be upgraded to a multispecialitytertiary care unit. This will help create a strong regional network and drive operational synergies.

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Mauria Udyog bags order worth Rs 200 crore from Libya
Apr 21,2017

Mauria Udyog has signed a contract for supply of 1 million LPG Cylinders to Libya for USD 30 Million (Rs 200 crore) on 10 April 2017.

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Tivoli Construction announces demise of director
Apr 21,2017

Tivoli Construction announced the sad demise of Shanti Raheja, Director of the Company on 21 March 2017.

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Board of Anshus Clothing approves winding up of operations
Apr 21,2017

Anshus Clothing announced that the Board of Directors of the Company at its meeting held on 21 April 2017 has approved winding up of operations of the Company through voluntary winding up due to non-operational activities of the Company and due to heavy losses on account of non-performing assets.

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Board of Dwekam Industries approves sub-division of shares
Apr 21,2017

Dwekam Industries announced that the board has approved in its meeting held on 13 March 2017 following transactions:

1. Sub-Division of 1 (One) Equity Share of Rs.10/- each into 10 (Ten) Equity Shares of Rs. 1/- each.

2. Alteration of the capital clause in the memorandum of association of the Company.

3. Reclassification of Promoter(s) and Promoter Group.

The board has decided to call the Extra Ordinary General Meeting for the Passing of above mentioned Resolution by the Share Holders of the Company. The date of Extra Ordinary General Meeting will be 13 April 2017.

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Jain Irrigation Systems secures Poorigali Integrated Micro Irrigation Project
Apr 21,2017

Jain Irrigation Systems has been awarded the Poorigali Integrated Micro Irrigation Project worth Rs 569 crore by Cauvery Neeravari Nigam, Govt. of Karnataka through National Competitive Bidding.

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Board of Tirupati Fincorp approves change in directorate
Apr 21,2017

Tirupati Fincorp announced that the Board of Directors of the Company at its meeting held on 20 April 2017 has approved the appointment of Parth Kanabar as an Executive Director of the Company and accepted the resignation of Hitsharan Jain as a Director of the Company.

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Reliance Industries provide update on various projects undertaken at Jamnagar
Apr 21,2017

Reliance is executing major projects in its energy and materials chain atJamnagar covering Para-Xylene, Cracker complex along with downstream plants and Gasification. Jamnagar is one the largest contemporary project sites globally with some of the largest and most complex process units ever built anywhere in this industry. These projects will add significant value to Reliances Refining & Petrochemical business and enable Jamnagar complex to achieve energy self-sufficiency.

Para-Xylene, Cracker and downstream projects (MEG, Linear Low density and Low density Polyethylene) as well as Gasification which is linked to RILs DTA refinery, have now been installed, mechanically complete and are in various stages of pre-commissioning and commissioning.

Reliance is pleased to announce the successful and flawless commissioning of the second and final phase of Para-xylene (PX) comprising of PX Crystallizers trains, Trans-alkylation and AromaticExtraction units at Jamnagar.

Earlier in December 2016, RIL had announced successful commissioning of the first phase comprising Train 1 of PX plant. Train 2 as part of second phase has been commissioned earlier this month and the last Train 3, is at an advanced stage of commissioning and will begin production laterthis quarter.

This plant is built with state-of-the-art crystallization technology from BP which is highly energy efficient. With the commissioning of this plant, RILs PX capacity will be more than double. Reliance will emerge as the worlds second largest producer of PX with about 11% of global production.

The Cracker project has a unique configuration as this world scale plant is tightly integrated with RILs refineries and will use refinery off-gases as feedstock. The project comprises 1.5 MMTPA ethylene cracker along with downstream facilities for producing LDPE, LLDPE and MEG. Thiscracker will have one of the lowest cost positions globally. Additionally, flexibility to crack Propane will help optimize feed mix further in a volatile market environment. Reliance has completed installation of cracker and downstream projects at Jamnagar in the previous quarter and precommissioning and start-up activities are in full swing.

Gasification is one of the largest clean-fuel initiatives in the world. Gasification will make Jamnagar complex highly energy efficient with the lowest energy cost for any integrated Refinery and Petrochemicals facility globally.

The installation and mechanical completion for the Gasification project linked to DTA refinery has been completed in the previous quarter and the pre-commissioning and start-up activities are on in full swing. The installation and mechanical completion for the Gasification linked to RILs SEZ refinery has also been substantially achieved and pre-commissioning activities are expected to start in the next quarter.

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Board of SKP Securities approves buyback of shares up to Rs 6.19 crore
Apr 21,2017

SKP Securities announced that the Board of Directors of the Company at its meeting held on 20 April 2017 has approved proposal to buyback up to 12,15,600 full paid equity shares of the Company (representing 21.65% of the total number of equity shares in the paid up share capital of the Company) at a price of Rs 51 per share for an aggregate consideration of Rs 6.19 crore.

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Thomas Cook (India) intimates of NCLT approval for composite scheme of arrangement and amalgamation between its subsidiaries
Apr 21,2017

Thomas Cook (India) announced that it has received intimation on 20 April 2017 from Travel Corporation (India) (TCI) and SOTC Travel Services (formerly known as Kuoni Travel (India)) (SOTC), wholly owned subsidiaries of the Company, pertaining to approval granted by the National Company Law Tribunal (NCLT) for the Composite Scheme of Arrangement and Amalgamation between SOTC Travel Services (earlier known as Kuoni Travel (India)), Distant Frontiers Tours, SITA Beach Resorts, SITA Destination Management, SITA Holidays (India), SITA Holidays Resorts, SITA Incoming (India), SOTC Travel (formerly known as SITA Travels) and Travel Corporation (India).

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Board of Tata Steel approves issue of debt securities up to Rs 9000 crore
Apr 21,2017

The Board of Directors of Tata Steel at its meeting held on 20 April 2017 reviewed the performance, capital structure and financing plan of the Company. Based on the review and pursuant to the existing shareholders approval, the Board approved issue of debt securities of up to Rs. 9,000 crore in the form either of Non-Convertible Debentures on private placement basis or Foreign Currency or Rupee Denominated Bonds or a combination thereof in one or more tranches. The funds will primarily be deployed towards re-financing the existing debt, capex/working capital requirements and general corporate purposes. The Board of Directors also authorized the Finance Committee of the Board to determine and approve the timing and terms of such issue of securities.

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Roto Pumps wins export excellence award
Apr 20,2017

Roto Pumps has been conferred an award for export excellence as Star Performer for 2013-14 in the products group pumps, compressors, hydraulics and pneumatic power engines and parts - Large Enterprises by EEPC India, Northern Region at its 46th export awards ceremony held on 19 April 2017 in New Delhi.

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