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World Bank Loan for Solar Projects
Jul 27,2017

World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines.

In addition, the World Bank is providing low cost financing to roof-top solar developers under a $625 million Programme for Results (PforR) to be routed through the State Bank of India. These programmes will increase the availability of debt financing, de-risk commercial financial flows, and build capacity across the solar PV industry to significantly expand the programme of rooftop solar PV across India. The first 100 MW of solar rooftop financing under this loan has just been approved, the Minister added.

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Vardhman Polytex announces resignation of director
Jul 27,2017

Vardhman Polytex announced that Vishal Oswal (DIN-00002678), Non-Executive Independent Director of the Company, has resigned from the Board of Directors of the Company with effect from 27 July 2017.

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Dr Reddys Laboratories and CHD Bioscience announce a global licensing agreement
Jul 27,2017

Dr Reddys Laboratories and CHD Bioscience Inc. has announced a global licensing agreement for the clinical development and commercialization of Dr Reddys phase III clinical trial candidate, DFA-02. It is intended to be used for the prevention of surgical site infections, following non-emergency, elective colorectal surgery. Phase II studies for DFA-02 have been successful completed and the product will be transitioning to pivotal phase III registration studies.

Under the terms of agreement, Dr Reddys would receive equity in CHD valued at $30 million upon an IPO of CHD or a minimum of $30 million in cash within 18 months of execution of the agreement. Dr Reddys will also receive additional milestone payments of $40 million up on USFDA approval. In addition, CHD will pay Dr Reddys double digit royalties on sales and commercial milestones.

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Mindtree announces elevation to Business Partner Status
Jul 27,2017

Mindtree announced its advancement to Business Partner within the Adobe Solution Partner Program. This reflects Mindtrees specialization in Adobe Experience Manager, part of Adobe Experience Cloud, and its sustained focus to provide clients with comprehensive offerings, leveraging Adobe Experience Cloud for customer experience transformation.

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Glance Finance appoints company secretary and compliance officer
Jul 27,2017

Glance Finance announced that Kunjal Singh has been appointed as Company Secretary and Compliance Officer with effect from 26 July 2017.

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Nikki Global Finance announces resignation of company secretary
Jul 27,2017

Nikki Global Finance has received resignation of Mohit Choudhary from the post of Company Secretary of the Company effective from the close of working hours on 31 July 2017 through his letter dated 27 July 2017.

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Nava Bharat Ventures provides update on subsidiaries Maamba Collieries
Jul 27,2017

Nava Bharat Ventures announced that the 300 MW power plant of Maamba Collieries, the step down subsidiary of the Company, has been in operation and has now achieved the Provisional Acceptance under the EPC contract.

Following the capitalization of the 300 MW power plant upon Provisional Acceptance, its commercial operations will be consolidated in the Companys Financial henceforth.

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Insecticides India to table results
Jul 27,2017

Insecticides India will hold a meeting of the Board of Directors of the Company on 9 August 2017, to approve the Un-audited Financial Results of the Company for the first quarter ended June 30, 2017

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Zenlabs Ethica to convene board meeting
Jul 27,2017

Zenlabs Ethica will hold a meeting of the Board of Directors of the Company on 3 August 2017, to approve un-audited Standalone Financial Results for the quarter ended June 30, 2017

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Ipca Laboratories to table results
Jul 27,2017

Ipca Laboratories will hold a meeting of the Board of Directors of the Company on 11 August 2017, to approve the Unaudited Financial Results for the 1st Quarter ended June 30, 2017.

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Ducon Infratechnologies schedules EGM
Jul 27,2017

Ducon Infratechnologies announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 31 August 2017.

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Infinite Computer Solutions India declares Quarterly Result
Jul 27,2017

Infinite Computer Solutions India will hold a meeting of the Board of Directors of the Company on 14 August 2017, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2017

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Bijoy Hans to hold AGM
Jul 27,2017

Bijoy Hans announced that the 32nd Annual General Meeting (AGM) of the company will be held on 28 August 2017.

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Narayana Hrudayalaya to hold board meeting
Jul 27,2017

Narayana Hrudayalaya will hold a meeting of the Board of Directors of the Company on 2 August 2017, to approve the unaudited financial results for the quarter ended June 30th, 2017.

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Rice procurement estimated 375 lakh tonnes during 2017-18 for Kharif Crop
Jul 27,2017

In a meeting of State Food Secretaries held here today, procurement target for paddy in terms of rice for Kharif Crop  during Kharif Marketing Season (KMS) 2017-18 has been finalised as 375 lakh tonnes against target of 330 lakh tonnes of last year i.e. KMS 2016-17. In KMS 2016-17 actual procurement of rice (Kharif crop) was 343.52 LMT. 

The meeting chaired by the Secretary, Department of Food and Public Distribution, Ms Preeti Sudan reviewed arrangements for procurement of paddy in producing States, particularly in decentralised procurement States and other non-traditional States during KMS 2017-18. 

State wise targets for procurement of paddy (in terms of rice) for KMS 2017-18 for Kharif season is as follows:

Sl. No.

State

Target of Procurement for Kharif Crop only (In Lakh MT)

1

Andhra Pradesh

25

2

Assam

0.75

3

Bihar

12

4

Chhattisgarh

48

5

Haryana

30

6

Jharkhand

2.5

7

Karnataka

1

8

Kerala

1

9

Madhya Pradesh

13

10

Maharashtra

4

11

Odisha

30

12

Punjab

115

13

Tamil Nadu

10

14

Telangana

15

15

Uttar Pradesh

37

16

Uttarakhand

7

17

West Bengal

23

18

Others

0.75

Total

 

375

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