My Application Form Status

Check the status of your application form with Angel Broking.
Outcome of board meeting of T.V. Today Network
Dec 13,2016

T.V. Today Network announced that the Board of Directors of the Company at its meeting held on 12 December 2016 has approved the acquisition of equity shares of Mail Today Newspapers from its other shareholders and reorganisation of radio business.

Living Media India holds 66.78% of the total equity shares of Mail Today through its wholly owned subsidiary, India Today Online (ITOPL) and for the purpose of the above acquisition, shall transfer all equity shares of ITOPL to the Company by way of a gift. AN (Mauritius), the other shareholder holding 25.21% of the equity shares of Mail Today, shall transfer all the equity shares held by it in Mail Today by way of gift, which shall result in Mail Today becoming a wholly owned subsidiary of the Company.

The Board also approved the acquisition of 100% of the issued and paid up capital of Vibgyor Broadcasting for the purpose of reorganising its radion business by transferring its radio business through slump sale into the aforesaid entity.

Powered by Capital Market - Live News

Shares of Narendra Investments (Delhi) get listed
Dec 13,2016

The equity shares of Narendra Investments (Delhi) (Scrip Code: 540204) are listed effective 13 December 2016 and admitted to dealings on the Exchange in the list of XT Group Securities.

Powered by Capital Market - Live News

Board of Modi Naturals to consider fund raising options
Dec 13,2016

Modi Naturals announced that a meeting of the Board of Directors of the Company is scheduled to be held on 15 December 2016, inter-alia, to consider fund raising, including through preferential allotment of convertible securities to the non-promoter group.

Powered by Capital Market - Live News

Axis Bank may gain on plans to raise funds
Dec 13,2016

Axis Bank announced that the bank proposes to raise funds by issuing unsecured subordinated, perpetual, additional Tier I, Basel III compliant non-convertible debentures (Series - 26) of the face value of Rs 10 lakh each for cash at par aggregating to Rs 3500 crore. The board of directors of the bank will consider the proposal to issue and allot the above Securities through circular resolution. The announcement was made after market hours yesterday, 12 December 2016.

Sun Pharmaceutical Industries and Israel-based Moebius Medical have entered into an exclusive worldwide licensing deal to further develop MM-II, a novel pharmaceutical candidate for the treatment of pain in osteoarthritis. MM-II is a novel non-opioid product that leverages the physical properties of proprietary liposomes to lubricate arthritic knee joints, thereby reducing friction and wear, consequently leading to joint pain reduction.

MM-II is an intra-articular biolubricant injection which is being developed to provide symptomatic relief of mild-to-moderate osteoarthritis pain. The product is based on patent-protected technology licensed by Moebius Medical from the Hebrew University of Jerusalem, Technion Israel Institute of Technology and Hadassah Medical Centre.

According to the agreement, Sun Pharma will fund further development of Moebius Medicals lead product, MM-II, and undertake its global commercialization. To date, Moebius Medical has completed a first-in-man clinical study at Hadassah Medical Center, demonstrating the products fast onset of action and its potentially better efficacy and comparable safety for alleviating osteoarthritis pain as compared to Hyaluronic Acid injection.

Moebius Medical will conduct requisite pre-clinical studies, and will assume responsibility for product development and manufacturing through the end of Phase-II studies. Sun Pharma will assume responsibility for further clinical studies, regulatory submissions and product commercialization. Moebius Medical will receive an upfront payment, development-based and sales-based milestone payments, and tiered royalties on sales from Sun Pharma. The announcement was made after market hours yesterday, 12 December 2016.

NIIT announced that the company has entered into a share purchase agreement dated 12 December 2016, with National Skill Development Corporation (NSDC), in terms of which company has agreed to acquire 23.13 lakh equity shares of NIIT Yuva Jyoti (NYJL) having face value of Rs 10 each constituting 10% of the aggregate issued and paid-up share capital of NYJL from NSDC for an aggregate cash consideration of Rs 2.85 crore. The announcement was made after market hours yesterday, 12 December 2016.

Aarey Drugs & Pharmaceuticals announced that the meeting of the board of directors of the company is to be held on 19 December 2016, to review current business and raising funds from the banks.The board will also consider the issue of equity shares and/or warrants on preferential basis to the promoters/ non-promoters of the company. The announcement was made after market hours yesterday, 12 December 2016.

Sunteck Realty reported consolidated net profit including other comprehensive income of Rs 96 crore in Q2 September 2016 compared with loss of Rs 8 crore in Q2 September 2015. Income from operations jumped 582% to Rs 206 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 12 December 2016.

Sunteck Realty announced that the board of directors of the company at a meeting held on 12 December 2016, approved the transfer of its step-down subsidiary - Denise Realties Private to Thaler Developers.

Glenmark Pharmaceuticals Inc., USA announced theavailability of ezetimibe, the first and only generic version of ZETIA (Merck) in the United States for the treatment of high cholesterol. The availability of ezetimibe is the result of a licensing partnership with Par Pharmaceutical, an Endo International plc operating company, with whom Glenmark will share profits. Glenmark and its partner, Endo will be entitled to 180 days of generic drug exclusivity for ezetimibe as provided for under section 505(j)(5)(B)(iv) of the FD&C Act.

Ezetimibe is indicated as adjunctive therapy to diet for the reduction of elevated total cholesterol (total-C), low-density lipoprotein cholesterol (LDL-C), and apolipoprotein B (Apo B) in patients with primary (heterozygous familial and non-familial) hyperlipidemia.According to IMS Health data for the 12-month period ending October 2016, annual US sales of Zetia 10 mg1 were approximately $2.3 billion. The announcement was made after market hours yesterday, 12 December 2016.

APL Apollo Tubes received patents for 4 hollow section designs. The announcement was made after market hours yesterday, 12 December 2016.

IRB Infrastructure Developers announced that Udaipur Tollway Private Limited -wholly-owned subsidiary of the company, has now executed concession agreement with NHAI for the project of six laning from Udaipur to Rajasthan/ Gujarat Border section of NH-8 in the states of Rajasthan & Gujarat on DBFOT (Toll) under NHDP Phase V (package-V).

The company added that CG Tollway Private, wholly-owned subsidiary of the company, has now executed concession agreement with NHAI for the project of six laning of Kishangarh Udaipur Ahmedabad section of NH - 79 in the state of Rajasthan Package 2 under NHDP Phase - V on BOT (Toll) mode. The announcement was made after market hours yesterday, 12 December 2016.

Powered by Capital Market - Live News

US stocks register another record close
Dec 13,2016

U.S. stocks struggled for direction on Monday, 12 December 2016 with the Dow notching the latest in a string of record closes, while the S&P 500 and Nasdaq finished lower. Major indexes had fluctuated between positive and negative territory with investors appearing reluctant to push shares higher following pronounced gains for Wall Street ahead of a key meeting by the Federal Reserve.

The Dow Jones Industrial Average climbed 39.58 points, or 0.2%, to close at 19,796.43, after setting an intraday record of 19,824.59. The Nasdaq Composite Index fell 31.96 points, or 0.6%, to finish at 5,412.54. The S&P 500 dipped 2.57 points, or 0.1%, to finish at 2,256.96.

Gains in Dow were led by shares of Johnson & Johnson and Wal-Mart Stores. Monday marked the sixth consecutive record close for the average.

Big-name technology shares finished lower on the day, contributing to the Nasdaqs decline. Apple fell 0.6% while Facebook lost 1.6%. Amazon.com fell 1.1%.

The Federal Reserve is widely expected to raise rates on Wednesday. Higher rates typically cause the dollar to strengthen, which often weighs on commodities priced in dollars. Rate increases also can peel investors away from gold because it doesnt pay interest.

On Monday, the ICE U.S. Dollar Index was down nearly 0.7%, providing some support for dollar-denominated gold prices. But year to date, the index has climbed over 2%.

Todays economic data was limited to the Treasury Budget statement for November, which showed a deficit of $137 billion while the consensus expected a deficit of $135 billion.

Oil futures rallied to their highest close in nearly 17 months on Monday, 12 December 2016 after more oil-producing nations agreed to slash production, a move aimed at pushing the oversupplied oil market back into balance, or even a deficit, and prop up prices that have been stuck in a two-year slump.

On the New York Mercantile Exchange, January West Texas Intermediate crude climbed by $1.33, or 2.6%, to settle at $52.83 a barrel. February Brent crude, the global oil benchmark, added $1.36, or 2.5%, to $55.69 a barrel on Londons ICE Futures exchange. Both WTI and Brent crude logged their highest settlements since July 2015.

Over the weekend, a group of heavyweight producers outside of the Organization of the Petroleum Exporting Countries, including Russia, agreed to scale back their output by 558,000 barrels a day. The move would come on top of the cut of 1.2 million barrels a day agreed to by OPEC in late November. The total reduction represents almost 2% of the global supply.

Bullion prices ended higher at Comex on Monday, 12 December 2016 at Comex. Gold futures settled higher reversing course from earlier declines after finding support from a weaker dollar ahead of a U.S. interest-rate rise that is expected later this week.

Gold for February delivery edged up by $3.90, or 0.3%, to settle at $1,165.80 an ounce after tapping a low of $1,152.50. The metal has suffered five weekly losses in a row, settling Friday at its lowest level in 10 months. March silver tacked on 22 cents, or 1.3%, to $17.187 an ounce.

Bullion prices ended higher at Comex on Monday, 12 December 2016 at Comex. Gold futures settled higher reversing course from earlier declines after finding support from a weaker dollar ahead of a U.S. interest-rate rise that is expected later this week.

Gold for February delivery edged up by $3.90, or 0.3%, to settle at $1,165.80 an ounce after tapping a low of $1,152.50. The metal has suffered five weekly losses in a row, settling Friday at its lowest level in 10 months. March silver tacked on 22 cents, or 1.3%, to $17.187 an ounce.

Treasuries retreated overnight, but most of the losses were erased intraday, leaving the 10-yr yield higher by a basis point at 2.48%.

Investor participation was above average as nearly 1.2 billion shares changed hands at the NYSE floor.

Tomorrows economic data will be limited to the 8:30 ET release of November Import Prices ex-oil and Export Prices ex-agriculture.

Powered by Capital Market - Live News

Precious metals shine
Dec 13,2016

Bullion prices ended higher at Comex on Monday, 12 December 2016 at Comex. Gold futures settled higher reversing course from earlier declines after finding support from a weaker dollar ahead of a U.S. interest-rate rise that is expected later this week.

Gold for February delivery edged up by $3.90, or 0.3%, to settle at $1,165.80 an ounce after tapping a low of $1,152.50. The metal has suffered five weekly losses in a row, settling Friday at its lowest level in 10 months.

March silver tacked on 22 cents, or 1.3%, to $17.187 an ounce.

The Federal Reserve is widely expected to raise rates on Wednesday. Higher rates typically cause the dollar to strengthen, which often weighs on commodities priced in dollars. Rate increases also can peel investors away from gold because it doesnt pay interest.

On Monday, the ICE U.S. Dollar Index was down nearly 0.7%, providing some support for dollar-denominated gold prices. But year to date, the index has climbed over 2%.

Todays economic data was limited to the Treasury Budget statement for November, which showed a deficit of $137 billion while the consensus expected a deficit of $135 billion.

Powered by Capital Market - Live News

Glenmark Pharmaceuticals launhces first and only generic version of ZETIAn++
Dec 12,2016

Glenmark Pharmaceuticals announced the availability of ezetimibe, the first and only generic version of ZETIAn++ (Merck) in the United States forthe treatment of high cholesterol. The availability of ezetimibe is the result of a licensing partnership with Par Pharmaceutical, an Endo International plc operating company, with whom Glenmark willshare profits. Glenmark and its partner, Endo will be entitled to 180 days of generic drug exclusivity for ezetimibe as provided for under section 505(j)(5)(B)(iv) of the FD&C Act.

Powered by Capital Market - Live News

NIIT acquires 10% stake holding in NIIT Yuva Jyoti
Dec 12,2016

NIIT has entered into a share purchase agreement dated 12 December 2016, inter alia, with National Skill Development Corporation (NSDC), in terms of which Company has agreed to acquire 23,13,240 equity shares of NIIT Yuva Jyoti (NYJL) having face value of Rs. 10/- (Rupees Ten Only) each constituting 10% of the aggregate issued and paid-up share capital of NYJL from NSDC for an aggregate cash consideration of Rs. 28,508,139/-.

Powered by Capital Market - Live News

Board of Mahindra CIE Automotive approves scheme of amalgamation
Dec 12,2016

Mahindra CIE Automotive announced that the Board of Directors of the company at its meeting held on 12 December 2016 approved the scheme of amalgamation of Mahindra Forgings Global and Mahindra Forgings International with Mahindra CIE Automotive.

Since Mahindra Forgings Global and Mahindra Forgings International are wholly owned subsidiaries of the Company, no shares will be issued as consideration for the amalgamation.

Powered by Capital Market - Live News

Mahindra CIE Automotive grants stock options
Dec 12,2016

Mahindra CIE Automotive announced that the Board of Directors of the Company, on the recommendation of Nomination and Remuneration Committee, at its meeting held on 12 December 2016 (meeting commenced at 3.30 p.m. and concluded at 5.30 p.m.) granted, 350,000 (Three Lacs Fifty thousand) Stock Options as per the ESOS-2015, convertible into equivalent number of equity shares of the Company of face value of Rs. 10/- each, at an exercise price of Rs. 150/- per option.

The Stock Options so granted, shall vest in 3 equal installments on 12 December 2017, December 12, 2018 and December 12, 2019. The options so vested under each of the installments, can be exercised within a period of 4 years from the relevant vesting date.

The Grant of options and the ESOS-2015 is in compliance with SEBI (Share Based Employees Benefit) Regulations, 2014.

Powered by Capital Market - Live News

Fortis Healthcare shifts registered office
Dec 12,2016

Fortis Healthcare announced that the Board of Directors of the Company on 12 December 2016 has approved the resolution for Shifting of Registered Office of the Company from the National Capital Territory of Delhi to State of Punjab effective 12 December 2016.

The new address of the Registered Office is- n++Fortis Hospital, Sector 62, Phase - VIII, Mohali, Punjab - 160 062n++.

Powered by Capital Market - Live News

Fortis Malar Hospitals shift registered office
Dec 12,2016

Fortis Malar Hospitals announced that the Board of Directors of the Company on 12 December 2016, has approved the resolution for Shifting of Registered Office of the Company from the National Capital Territory of Delhi to State of Punjab effective 12 December 2016.

The new address of the Registered Office is- n++Fortis Hospital, Sector 62, Phase - VIII, Mohali, Punjab - 160 062n++.

Powered by Capital Market - Live News

Arcuttipore Tea Company to hold EGM
Dec 12,2016

Arcuttipore Tea Company announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 02 January 2017.

Powered by Capital Market - Live News

Westlife Development provides update on credit ratings of subsidiary
Dec 12,2016

Westlife Development announced that India Ratings and Research (Ind-Ra), a Fitch Group Company, has affirmed the subsidiary Company Hardcastle Restaurants (HRPL) Long Term Rating of IND A-and short-term rating of IND A1 and the outlook on the long-term rating is Stable.

Powered by Capital Market - Live News

Axis Bank plans to raise funds aggregating Rs 3500 crore
Dec 12,2016

Axis Bank announced that the Bank proposes to raise funds by issuing Unsecured Subordinated, Perpetual, Additional Tier I, Basel III compliant Non-Convertible Debentures (Series - 26) of the face value of Rs.10 lakh each for cash at par aggregating to Rs. 3,500 crore (Rupees Three Thousand and Five Hundred crores only). The Board of Directors of the Bank will consider the proposal to issue and allot the above Securities through Circular Resolution.

Powered by Capital Market - Live News