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Board of Purshottam Investofin to consider December quarter results
Jan 16,2017

Purshottam Investofin announced that the meeting of the Board of Directors of Company has been scheduled to be held on 25 January 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the Quarter ended on 31 December 2016.

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Niwas Spinning Mills Board to consider December quarter results
Jan 16,2017

Niwas Spinning Mills announced that a Meeting of Board of Directors of the Company is proposed to be held on 30 January 2017, inter alia, the following subject will be considered at this meeting :

- To take on record un-audited Limited reviewed financial results for the quarter ended 31 December 2016.

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Shreyas Shipping & Logistics to announce December quarter results
Jan 16,2017

Shreyas Shipping & Logistics announced that the meeting of the Board of Directors of the Company will be held on 11 February 2017, inter alia, to consider and approve unaudited financial results of the Company for the quarter ended 31 December 2016.

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Gartner Says More Than 40 Percent of Data Science Tasks Will Be Automated by 2020
Jan 16,2017

More than 40 percent of data science tasks will be automated by 2020, resulting in increased productivity and broader usage of data and analytics by citizen data scientists, according to Gartner, Inc.

Gartner defines a citizen data scientist as a person who creates or generates models that use advanced diagnostic analytics or predictive and prescriptive capabilities, but whose primary job function is outside the field of statistics and analytics.

According to Gartner, citizen data scientists can bridge the gap between mainstream self-service analytics by business users and the advanced analytics techniques of data scientists. They are now able to perform sophisticated analysis that would previously have required more expertise, enabling them to deliver advanced analytics without having the skills that characterize data scientists.

With data science continuing to emerge as a powerful differentiator across industries, almost every data and analytics software platform vendor is now focused on making simplification a top goal through the automation of various tasks, such as data integration and model building.

Making data science products easier for citizen data scientists to use will increase vendors reach across the enterprise as well as help overcome the skills gap, said Alexander Linden, research vice president at Gartner. The key to simplicity is the automation of tasks that are repetitive, manual intensive and dont require deep data science expertise.

Mr. Linden said the increase in automation will also lead to significant productivity improvements for data scientists. Fewer data scientists will be needed to do the same amount of work, but every advanced data science project will still require at least one or two data scientists.

Gartner also predicts that citizen data scientists will surpass data scientists in the amount of advanced analysis produced by 2019. A vast amount of analysis produced by citizen data scientists will feed and impact the business, creating a more pervasive analytics-driven environment, while at the same time supporting the data scientists who can shift their focus onto more complex analysis.

Most organizations dont have enough data scientists consistently available throughout the business, but they do have plenty of skilled information analysts that could become citizen data scientists, said Joao Tapadinhas, research director at Gartner. Equipped with the proper tools, they can perform intricate diagnostic analysis and create models that leverage predictive or prescriptive analytics. This enables them to go beyond the analytics reach of regular business users into analytics processes with greater depth and breadth.

According to Gartner, the result will be access to more data sources, including more complex data types; a broader and more sophisticated range of analytics capabilities; and the empowering of a large audience of analysts throughout the organization, with a simplified form of data science.

Access to data science is currently uneven, due to lack of resources and complexity not all organizations will be able leverage it, said Mr. Tapadinhas. For some organizations, citizen data science will therefore be a simpler and quicker solution their best path to advanced analytics.

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Board of Punjab Communications to consider December quarter results
Jan 16,2017

Punjab Communications announced that the 189th meeting of the Board of Directors of the Company is proposed to be convened on 14 February 2017, to take on record the Un-audited (Provisional) Quarterly Financial Results of the Company for the quarter ended on 31 December 2016.

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Board of Vikas EcoTech approves preferential issue of 2 crore new shares
Jan 16,2017

Vikas EcoTech announced that the Board of Directors of the Company at its meeting held on 16 January 2017 passed the resolution subject to approval of shareholders, to issue 2 crore new shares to Jayant Chheda, Chairman, Prince Pipes and Fittings on preferential basis. After this allotment, Jayant Chhedas stake in the Company will exceed 8%. He already owns 1.26% stake in the Company through an investment made in July 2016. His company Prince Pipes and Fittings is a long term and strategic customer of Vikas EcoTech. The total funds of Rs 34 crore will be utilised for expansion of R&D facilities, setting up new manufacturing plants and strengthening marketing efforts for both domestic and export markets.

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Board of Panama Petrochem to consider Q3 and 9M results
Jan 16,2017

Panama Petrochem announced that the meeting of the Board of Directors of the Company will be held on 11 February 2017, inter-alia, to consider and approve the standalone and consolidated unaudited financial results of the Company for the third quarter / nine months ended 31 December 2016.

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Board of Oriental Veneer Products to consider Q3 results
Jan 16,2017

Oriental Veneer Products announced that the meeting of the Board of Directors of our Company is scheduled to be held on 27 January 2017, inter alia, to transact the following business:

1. To consider and approve the un-audited financial results of the Company for the third quarter ended 31 December 2016 as prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

2. To consider the Limited Review Report for the third quarter ended 31 December 2016.

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Board of Srikalahasthi Pipes to consider Q3 and 9M results
Jan 16,2017

Srikalahasthi Pipes announced that a Meeting of the Board of Directors of the Company will be held on 04 February 2017, inter alia, to consider and approve Un-audited Financial Results of the Company for the quarter and nine months period ended 31 December 2016.

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V-Mart Retail announces resignation of company secretary and compliance officer
Jan 16,2017

V-Mart Retail announced that Sudhir Kumar has resigned from the Company as Company Secretary & Compliance Officer w.e.f. closing of business hours on 13 January 2017.

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Outcome of board meeting of CMI
Jan 16,2017

CMI announced that the Board of Directors of the Company at its meeting held on 16 January 2017 approved the following -

Issue of a maximum of 5 lakh equity shares to promoters / promoter group on preferential basis. The equity shares shall be issued at an issue price of Rs 300 (including Rs 290 towards premium) per share.

The Board has taken note of additional working capital facilities from Rs 100 crore to Rs 150 crore provided by Syndicate Bank. The enhanced limits shall be released by the bank in January 2017.

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NHPC shuts down of TLDP-III (4x33) 132 MW Power Station in West Bengal
Jan 16,2017

NHPC announced that TLDP-III (4 X 33) 132 MW Power Station in West Bengal shall be under complete shutdown w.e.f. 16 January 2017 to 23 January 2017 for restoration work of GIS (Line-I Bay).

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Modern India to announce Q3 results
Jan 16,2017

Modern India announced that a Meeting of the Board of Directors of the Company will be held on 02 February 2017, inter-alia, to consider and approve the Unaudited Financial Results for 3rd Quarter ended 31 December 2016.

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Board of KLRF to consider Q3 and 9M results
Jan 16,2017

KLRF announced that a meeting of the Board of Directors of the Company will be held on 25 January 2017, inter alia, to consider among other matters and to take on record the Companys unaudited financial results for the quarter and nine months ended 31 December 2016

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WPI inflation rises to 3.4% in December 2016
Jan 16,2017

The Wholesale Price Index (WPI)-based inflation rose to 3.4% in December 2016 from 3.2% in November 2016, while snapping decline for last three straight months. An increase in WPI inflation was mainly driven by higher inflation for fuel and basic metals items, while inflation for food items declined sharply in December 2016.

Inflation of primary articles dipped to 0.3% in December 2016 from 1.3% in November 2016. However, the inflation for manufactured products rose to 3.7% in December 2016. Further, the inflation for fuel items accelerated further to 8.7% in December 2016 from 7.1% in November 2016.

As per major commodity group-wise, inflation eased for food grains, fruits, vegetables, fish marine, poultry chicken, spices, fibres, flowers, sugar, tea & coffee products, textiles, wood products and leather products in December 2016. On the other hand, inflation of oilseeds, raw rubber, metallic minerals, crude petroleum, mineral oils, grain mill products, edible oils, beverages and tobacco products, rubber products, chemical products, basic metals, machinery and tools, and transport equipment rose in December 2016.

Inflation of food items (food articles and food products) eased to 2.8% in December 2016 from 4.4% in November 2016. Meanwhile, inflation of non-food items (all commodities excluding food items) moved up to 3.7% in December 2016 from 2.6% in November 2016.

Core inflation (manufactured products excluding foods products) accelerated to 2.1% in December 2016 from 1.5% in November 2016.

The contribution of primary articles to the overall inflation, at 3.15%, was 08 basis points (bps) in December 2016 compared with 36 bps in November 2016. The contribution of manufactured products was 206 bps compared with 179 bps, while that of fuel product group was 129 bps against 106 bps in November 2016.

The contribution of food items (food articles and food products) to inflation fell to 91 bps in 3.39% in December 2016 compared with 140 bps to 3.15% in November 2016. Meanwhile, the contribution of non-food items (all commodities excluding food items) was 250 bps in December 2016 compared with 179 bps in November 2016.

As per the revised data, the inflation figure for October 2016 was revised up to 3.8% compared with 3.4% reported provisionally.

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