My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
Tata Steel in focus after signing pact with Liberty House for sale of UK speciality steel biz
Nov 29,2016

Tata Steel will be in focus. Tata Steel UK announced the signing of a letter of intent with Liberty House Group to enter into exclusive negotiations for the potential sale of its Speciality Steels business for an enterprise value of n++100 million subject to due diligence and corporate approvals. The letter of intent covers several South Yorkshire-based assets including the Rotherham electric arc steelworks, the steel purifying facility in Stocksbridge and a mill in Brinsworth as well as service centres in Bolton and Wednesbury, UK, and in Suzhou and Xian, China. Speciality Steels employs about 1,700 people making steels for the aerospace, automotive and the oil & gas industries. The announcement was made after market hours yesterday, 28 November 2016.

Tata Steel UK has invested n++1.5 billion of capital over the last nine years. The companys boards consider the technical feasibility and economic returns of investments when taking decisions, as well as their affordability. The company is pursuing a transformation plan to create a sustainable future for its UK strip products business. The success of this plan is likely to influence decisions on future investments.

In the current year, the company is pursuing n++85m worth of capital investments covering a range of sustenance and improvement schemes. Tata Steel has recently approved schemes focused on improving manufacturing capability to enable the production of premium steels in Shotton, Llanwern, Trostre, Orb in Newport, and other downstream operations as well as environmental schemes for Port Talbots power plant. Investments in packaging steels, electrical steels, an automotive finishing line, laser welding and next-generation coated products are in line with companys strategy to enhance premium product focus for UK strip products supply chain.

Sun Pharmaceutical Industries (Sun Pharma) announced the launch of BromSite (bromfenac ophthalmic solution) 0.075% in the US market. A nonsteroidal anti-inflammatory drug (NSAID) indicated for the treatment of postoperative inflammation and prevention of ocular pain in patients undergoing cataract surgery, BromSite will be marketed by Sun Ophthalmics, the companys branded ophthalmic business solution. BromSite is the first branded product launched by the company in the US, following its focus on Specialty business. The announcement was made after market hours yesterday, 28 November 2016.

Tata Power Company will be in spotlight. With regard to news article in media titled Fire breaks out at Tata Power Delhi Distributions Badli power house, the company after market hours yesterday, 28 November 2016, issued a clarification to the exchanges. Tata Power said that on 27 November 2016, there was a fire incident in the area next to the boundary wall of the Tata Power Delhi Distribution (TPDDL) Badli grid. There were nearly 76 drums of 66 KV cables which were stored by a vendor/contractor for project work. 46 cable drums were damaged while 30 cable drums were quickly shifted and saved. The cable belonged to the vendor who had stored/kept it in the grid till it was installed. The cables are insured by the vendor and there is no impact on TPDDL. TPDDL senior officials were there at the site. There was no impact on the grid and grid is safe and supply to TPDDLs consumers was not impacted. The reason for the fire is being investigated and suitable corrective action will be taken based on the fact finding report, Tata Power said.

Timken Indias net profit rose 41.11% to Rs 29.86 crore on 7.26% rise in net total income from operations to Rs 296.75 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 28 November 2016.

Triveni Engineering & Industries consolidated net profit jumped 205.53% to Rs 67.92 crore on 49.69% rise in total income from operations to Rs 675.51 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 28 November 2016.

Mahanagar Gas net profit rose 40.88% to Rs 102.24 crore on 3.11% decline in total income from operations to Rs 574.18 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 28 November 2016.

Powered by Capital Market - Live News

Board of Himachal Futuristic Communications declares 1st interim dividend on preference shares
Nov 28,2016

Himachal Futuristic Communications announced that the Board of Directors of the Company at its Meeting held on 28 November 2016, inter alia, have taken the following decisions:

1. Declared First Interim Dividend of Rs. 3.25 per share on 80,50,000 Cumulative Redeemable Preference Shares (CRPS) of Rs. 100/- each for the financial year 2016-17.

2. The Company has constituted a Committee of Directors for allotment of Secured Unlisted Non-Convertible Debentures (NCDs) which are to be allotted by way of conversion of outstanding right of recompense payable to various lenders.

Powered by Capital Market - Live News

Sun Pharmaceuticals Industries launches first branded ophthalmic product - BromSiten++
Nov 28,2016

Sun Pharmaceuticals Industries announced the launch of BromSiten++ (bromfenac ophthalmic solution) 0.075% in the US market. A nonsteroidal anti-inflammatory drug (NSAID) indicated for the treatment of postoperative inflammation and prevention of ocular pain in patients undergoing cataract surgery, BromSiten++ will be marketed by Sun Ophthalmics, thecompanys branded ophthalmic business division. BromSite is the first branded product launched by the company in the USA, following its focus on Specialty Business.

Powered by Capital Market - Live News

Net 4 India to announce September quarter results
Nov 28,2016

Net 4 India announced that the meeting of the Board of Directors of the Company held on 28 November 2016; stands adjourn for want of quorum due to the non-availability of majority of requisite board members at within the scheduled time.

The Adjourn Meeting of the Board of Directors of the Company to consider, inter-alia, approve and take on record the Un- audited Financial Results of the Company for the Quarter ended on 30 September 2016; will held on 30 November 2016.

Powered by Capital Market - Live News

Board of Indian Terrain Fashions appoints company secretary & compliance officer
Nov 28,2016

Indian Terrain Fashions announced that the Board of Directors of the Company at its meeting held on 28 November 2016 approved the appointment of Ravi B S G as the Company Secretary and Compliance Officer with immediate effect.

Powered by Capital Market - Live News

Outcome of board meeting of Jayaswal Neco Industries
Nov 28,2016

Jayaswal Neco Industries announced that the Board of Directors of the Company at its meeting held on 28 November 2016 transacted the following -

Took note of appointment of Baljinder Kaur Mandal as Nominee Director of IDBI Bank with effect from 28 November 2016 in place of P K Das.

Approved dis-investment of share held in Jayaswal Neco Urja, the subsidiary of Company, thereby ceasing the status of holding and subsidiary company.

Considered the proposal for exploring the possibility of hiving off Flat Product Division (which is non-operational) of the Company.

Powered by Capital Market - Live News

Board of Asian Hotels (East) to consider Q2 and HY results
Nov 28,2016

Asian Hotels (East) announced that a meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and approve the unaudited standalone financial results for quarter (Q2) and half year (H1) ended on 30 September 2016.

Powered by Capital Market - Live News

Board of Asian Hotels (East) to consider Q2 and HY results
Nov 28,2016

Asian Hotels (East) announced that a meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and approve the unaudited standalone financial results for quarter (Q2) and half year (H1) ended on 30 September 2016.

Powered by Capital Market - Live News

The global economy has the prospect of modestly higher growth
Nov 28,2016

n++The global economy has the prospect of modestly higher growth, after five years of disappointingly weak outcomes,n++ OECD Secretary-General Angel Gurrn++a said while launching the Global Economic Outlook. n++In light of the current context of low interest rates, policymakers have a unique window of opportunity to make more active use of fiscal levers to boost growth and reduce inequality without compromising debt levels. We urge them to do so,n++ Mr Gurrn++a said.

The Outlook projects that well targeted public spending initiatives could catalyse private economic activity and help to get the global economy out of the low-growth trap. The ongoing or projected shift in the fiscal stance in a number of major economies accounts for much of the modest increase in global growth to 3.3% in 2017 and 3.6% in 2018.

Among the major advanced economies, activity is expected to accelerate in the United States, due to an assumed easing of fiscal policy, with the economy projected to grow by 2.3% in 2017 and 3% in 2018. The euro area will grow at a 1.6% rate in 2017 and by 1.7% in 2018. In Japan, growth is projected at 1% in 2017 and 0.8% in 2018. The 35-country OECD area is projected to grow by 2% in 2017 and 2.3% in 2018, according to the Outlook.

With rebalancing continuing in China, growth is expected to continue drifting lower, to 6.4% in 2017 and 6.1% in 2018. Indias growth rates are expected to hover above 7.5% over the 2017-18 period, but many emerging market economies will continue to grow at a more sluggish pace. The deep recession in Brazil is expected to end in 2017, after which the economy will grow at a 1.2% rate in 2018.

The Outlook draws attention to conditions that create a n++window of opportunityn++ for new fiscal initiatives, as extraordinarily accommodative monetary policy has led to very low interest rates and created fiscal space. A targeted annual increase in public spending of n++ percent of GDP could be financed for several years in most countries without increasing the debt-to-GDP ratio in the medium term. Combining this initiative with structural reforms, and acting collectively across countries, would boost the impact, according to the Outlook.

n++This is not a blank cheque for governments,n++ Mr Gurrn++a said. n++The OECD is calling for fiscal policy to be used more wisely, with spending targeted at areas that boost growth, like high-quality infrastructure investment, innovation, education and skills, which also make growth more inclusive.n++

The Outlook identifies a number of financial risks where exchange rate and capital flow volatility coupled with pricing distortions are exposing the vulnerability of corporate balance sheets, particularly in emerging markets, and challenging bank profitability and the long-term stability of pension schemes in advanced economies.

An increase in protectionism could risk impairing already weak growth in global trade.

n++Protectionism and the inevitable trade retaliation would offset much of the positive effects of proposed fiscal initiatives on domestic and global growth,n++ said OECD Chief Economist Catherine L. Mann. n++It would also likely raise prices, harm living standards and leave countries in a worsened fiscal position. Trade protectionism may shelter some jobs, but it will worsen prospects and lower well-being for many others.n++

The Outlook calls on governments to avoid protectionist policies and encourages them instead to implement structural policy packages that create more job opportunities, increase business dynamism and promote successful reallocation, ensuring that the gains from trade are better shared by all.

Powered by Capital Market - Live News

Board of Trilogic Digital Media approves appointment of directors
Nov 28,2016

The Board of Trilogic Digital Media has approved the appointment of Aparna Shah as Additional Executive Director with effect from 28 November 2016. The Board also approved the appointment of Shivani Jaisingh as Additional Executive Director with effect from 28 November 2016.

Powered by Capital Market - Live News

Board of Trilogic Digital Media approves appointment of directors
Nov 28,2016

The Board of Trilogic Digital Media has approved the appointment of Aparna Shah as Additional Executive Director with effect from 28 November 2016. The Board also approved the appointment of Shivani Jaisingh as Additional Executive Director with effect from 28 November 2016.

Powered by Capital Market - Live News

Board of Trilogic Digital Media accepts resignation of director
Nov 28,2016

Trilogic Digital Media announced that Murad Khetani has resigned from the position of Director vide his resignation letter dated 28 November 2016.

The board of directors have accepted his resignation with effect from 28 November 2016.

Powered by Capital Market - Live News

Board of Trilogic Digital Media accepts resignation of director
Nov 28,2016

Trilogic Digital Media announced that Murad Khetani has resigned from the position of Director vide his resignation letter dated 28 November 2016.

The board of directors have accepted his resignation with effect from 28 November 2016.

Powered by Capital Market - Live News

Board of Claris Lifesciences to consider September quarter results
Nov 28,2016

Claris Lifesciences announced that pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company will be held on 08 December 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016 as per Ind-AS.

Powered by Capital Market - Live News

Board of Claris Lifesciences to consider September quarter results
Nov 28,2016

Claris Lifesciences announced that pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company will be held on 08 December 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016 as per Ind-AS.

Powered by Capital Market - Live News