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IndusInd Bank inaugurates its first branch in Gaya
Apr 07,2017

IndusInd Bank recently inaugurated its first branch in Gaya. The new branch is located at Nandan Niketan, Nagmatia Road, Gaya. With the inauguration of this branch, the Bank now has 18 branches in the state of Bihar.

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NIIT announces change in CEO
Apr 07,2017

NIIT announced the resignation of Rahul Keshav Patwardhan from the position of CEO of the Company with effect from 31 July 2017. The Board has accepted his resignation at its meeting held on 07 April 2017. Further the Board of Directors has approved the appointment of Sapnesh Lalla as CEO Designate of the Company from 07 April 2017 and as Chief Executive Officer of the Company with effect from 01 August 2017

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Rachana Capital & Securities reviews MCLR rates
Apr 07,2017

Bank of Maharashtra has reviewed the MCLR rates with effect from 07 April 2017 as under -

Overnight - 8.55%
One month - 8.70%
Three month - 8.70%
Six months - 8.75%
One year - 8.75%

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Rachana Capital & Securities announces resignation of company secretary and compliance officer
Apr 07,2017

Rachana Capital & Securities announced that Asmita Sanjaykumar Purohit has resigned as Company Secretary & Compliance Officer of the Company with effect from 10 April 2017 (after closure of the office hours).

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Board of G M Breweries recommends final dividend
Apr 07,2017

G M Breweries announced that the Board of Directors of the Company at its meeting held on 6 April 2017, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Star Ferro & Cement to hold board meeting
Apr 07,2017

Star Ferro & Cement will hold a meeting of the Board of Directors of the Company on 8 April 2017, to consider issue and allot shares by Star Cement Limited (Transferee Company) to the Shareholders of Star Ferro and Cement Limited (Transferor Company) pursuant to the Scheme of Amalgamation of Star Ferro and Cement Limited with Star Cement Limited.

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Atlas Cycles (Haryana) announces resignation of director
Apr 07,2017

Atlas Cycles (Haryana) announced that Veena Buber has ceased to be the Director of the Company with effect from 01 April 2017 as she tendered her resignation via Letter dated 01 April 2017 from the post of Non Executive Woman Director of the Company and the Board of Directors has taken note of her resignation in their meeting held on 04 April 2017 and accepted the same with effect from 01 April 2017.

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Allied Computers International (Asia) announced change in registered office
Apr 07,2017

Allied Computers International (Asia) announced that Registered Office of the Company has been changed to Shop No. 11, Building No. 2,Happy Home CHS Ltd., Shanti Park, Near Malaika Appliances, Mira Road (E), Mumbai, Thane - 401107, Maharashtra.

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Board of La Opala RG appoints director
Apr 07,2017

The Board of Directors of La Opala RG has appointed Subir Bose(DIN 00048451) as an Independent Non-Executive Director of the company at their meeting held on 07 April 2017, subject to the approval of the shareholders at the forthcoming Annual General Meeting.

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Alembic Pharmaceuticals receives ANDA approval for Fluoxetine Hydrochloride Tablets
Apr 07,2017

Alembic Pharmaceuticals announced that the Company has received approval from the USFDA for its Abbreviated New Drug Application for Fluoxetine Hydrochloride Tablets, 10 mg and 20 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD) Prozac Tablets, 10 mg and 20 mg, of Eli Lilly and Company.

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Larsen & Toubro allots 3,05,464 equity shares
Apr 07,2017

Larsen & Toubro has allotted 3,05,464 (Three Lakh Five Thousand Four Hundred Sixty Four) shares today to those grantees who had exercised their options under the Companys Employee Stock Ownership / Option Schemes. The said shares will rank pari-passu with the existing shares of the Company in all respects.

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NTPC commissions Unit#1 of 660 MW of Solapur Super Thermal Power
Apr 07,2017

NTPC announced that Unit#1 of 660 MW of Solapur Super Thermal Power Project has been commissioned. With this, the commissioned capacity of NTPC and NTPC Group has become 44194 MW and 51410 MW respectively.

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KEI Industries gets upgrade in corporate governance ratings
Apr 07,2017

KEI Industries announced that Credit Analysis & Research has upgraded the rating assigned to the Corporate Governance practices adopted by the Company from CARE CGR 3 (three) to CARE CGR 3+ (three plus).

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Board of Reliance Capital decides to raise limit for NCD issue by Rs 3000 cr
Apr 07,2017

Reliance Capital announced that the Board of Directors of the Company at its meeting held on 07 April 2017 has decided to raise the limits for issue of Non-Convertible Debentures on private placement basis by an amount of Rs. 3000 crore.

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Board of Faze Three approves allotment of equity shares and warrants on preferential basis
Apr 07,2017

Faze Three announced that the Board of Directors of the Company at its meeting held on 07 April 2017 approved the allotment of 3,19,000 Equity Shares and 8,45,500 Convertible Equity Warrants on Preferential Basis at a price of Rs. 110/- (including Rs. 100/- premium) per Equity Share/ Warrant.

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