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Reliance Capital provides update on subsidiary - Reliance Commercial Finance
Mar 14,2017

Reliance Commercial Finance (RCFL), a subsidiary of RelianceCapital (RCL), on 14 March 2017 announced the appointment of Devang Mody as its new CEO.

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Uflex launches special polyester film, F-PDP
Mar 14,2017

Uflex has launched a special polyester film, F-PDP with modified surface on one side while the other side remaining untreated. This film is digitally printable without any need for priming/ coating. The polyester (PET) film F-PDP has been certified by Rochester Institute of Technology for digital printing by HP Indigo commercial and sheet fed presses.

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Loyal Equipments secures order worth Rs 82.68 lakh
Mar 14,2017

Loyal Equipments has received an order from Essar Oil worth Rs. 82.68 lakhs for Supply of Tube Bundle for its Vadinar Plant in Gujarat, India.

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Loyal Equipments secures order worth Rs 82.68 lakh
Mar 14,2017

Loyal Equipments has received an order from Essar Oil worth Rs. 82.68 lakhs for Supply of Tube Bundle for its Vadinar Plant in Gujarat, India.

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Zee Learn allots 196,650 equity shares
Mar 14,2017

Zee Learn has allotted 196,650 equity shares under ZLL ESOP 2010 - Amended 2015 scheme on 14 March 2017. Consequent to the above allotment, the paid up share capital has increased to 322,180,781 equity shares of Re 1 each aggregating Rs 322,180,781.

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Chambal Fertilisers & Chemicals shuts down Urea plant at Gadepan
Mar 14,2017

Chambal Fertilisers & Chemicals announced that the Companys Urea Plant at Gadepan, District Kota, Rajasthan (Gadepan-I) has been shut down from 14 March 2017 to carry out planned repair and maintenance activities. The plant is expected to resume operations from 25 March 2017.

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Ramco Systems partners with New Zealand based Ravensdown Aerowork
Mar 14,2017

Ramco Systems announced an order win from New Zealand based Ravensdown Aerowork, a subsidiary of the farmer-owned-cooperative Ravensdown. Ramco will deploy Ramco Aviation Suite v5.8 to enable Ravensdown Aerowork automate and unify the maintenance and overhaul operations of its fleet.

Ravensdown Aerowork operates fixed wing aircraft which spread fertilisers across New Zealand. The companys fleet has the ability to carry up to 2000 kg load.

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Golden Tobacco provides update on an Income Tax demands
Mar 14,2017

Golden Tobacco announced that the Income Tax Appellate Tribunal (ITAT), Mumbai vide its order dated 07 March 2017 quashed the CIT (Appeal), orders in respect of assessment year 1984-85 to 1986-87 to principal demand of Rs.33.14 crore. Consequently related interest and penalty on these demands will not be payable.

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Hira Automobile announces resignation of director
Mar 14,2017

Hira Automobile announced that Simran Bajwa, Director of the Company has resigned from the Board.

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Shri Keshav Cements & Infra announces resignation of director
Mar 14,2017

Shri Keshav Cements & Infra announced that the Board of Directors of the Company noted the resignation of Ramesh Shah, Independent Director through Circular Resolution passed with effect from 13 March 2017.

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Outcome of board meeting of Palred Technologies
Mar 14,2017

Palred Technologies announced that the Board of Directors of the Company at its meeting held on 13 March 2017 has considered and approved the following -

Preferential Issue of Equity Shares.

Convening Extra-Ordinary General Meeting of the Company on 08 April 2017.

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Tata Elxsi Partners with DiSTI
Mar 14,2017

The DiSTI Corporation, a leading provider of graphical userinterface software and customized 3D virtual maintenance training solutions, has entered into strategic partnership with Tata Elxsi to deliver DiSTIs GL Studio UI products with Tata Elxsi software services. Tata Elxsi developed their e-Cockpit demonstrator using DiSTIs GL Studio UIDesigner.

DiSTI and TATA ELXSI will showcase the e-Cockpit demonstration at Embedded World 2017 in Germany on 14-16 March.

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Indian Bank announces cessation of director
Mar 14,2017

Indian Bank announced that Deepak D Samant, who has been appointed as Officer Employee Director on the Board of Directors of Indian Bank for a period of three years vide Government of India Notification dated 11 March 2014, ceases to be a director of the Bank on completion of his three years tenure on 10 March 2017.

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Palred Technologies raises Rs 22 crore
Mar 14,2017

Palred Technologies is raising Rs 22 crore through a preferentialallotment. The board of the Company approved an allotment of Rs 22 crore by way of preferential allotment at a price of Rs 145 per share. Florintree led and advised investors are the lead participants in thisround of preferential allotment.

The investors include Mathew Cyriac (former Co-Head ofBlackstone India Private Equity Business), Chidambaram Palaniappan (founder of Florintree), K. Madhavan (Joint Managing Director of Star TV India) and Bharat Sheth (Managing Director of Great Eastern Shipping).

Ashish Dhawan, founder of Chryscapital and an existing investor for over ten years in the Company is participating in this financing round apart from another existing investor, Passage to India Master Fund.

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Shares of RMC Switchgears get listed
Mar 14,2017

The equity shares of RMC Switchgears (Scrip Code: 540358) are listed effective 14 March 2017 and admitted to dealings on the Exchange in the list of M Group Securities.

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