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Kopran to hold board meeting
Oct 25,2016

Kopran will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider and approve Unaudited Standalone and Consolidated Financial Results of the Company for the Second Quarter and Half Year ended on September 30, 2016.

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ITI to hold board meeting
Oct 25,2016

ITI will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider and approve the Un-Audited Financial Results for the quarter ended September 30, 2016.

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Igarashi Motors India to hold board meeting
Oct 25,2016

Igarashi Motors India will hold a meeting of the Board of Directors of the Company on 10 November 2016.

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Indo Gulf Industries to hold board meeting
Oct 25,2016

Indo Gulf Industries will hold a meeting of the Board of Directors of the Company on 5 November 2016 to consider and approve the Unaudited Financial Results for the quarter and half-year ended September 30, 2016.

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Munjal Auto Industries to hold board meeting
Oct 25,2016

Munjal Auto Industries will hold a meeting of the Board of Directors of the Company on 4 November 2016 to consider and approve the Unaudited Financial Result for the quarter and half year ended September 30, 2016.

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Emergent Global Edu & Services to hold board meeting
Oct 25,2016

Emergent Global Edu & Services will hold a meeting of the Board of Directors of the Company on 4 November 2016 to consider and approve the un-audited financial results of the Company for the quarter/half year ended on September 30, 2016.

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Ashok Leyland to hold board meeting
Oct 25,2016

Ashok Leyland will hold a meeting of the Board of Directors of the Company on 8 November 2016 to consider and approve the standalone unaudited financial results of the Company for the quarter and half year ended September 30, 2016 (Q2).

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Bombay Cycle & Motor Agency to hold board meeting
Oct 25,2016

Bombay Cycle & Motor Agency will hold a meeting of the Board of Directors of the Company on 4 November 2016 to consider, approve and take on record, the Un-audited (Reviewed) Financial Results and Segment-wise Financial Report of the Company for the Quarter and Half Year ended September 30, 2016.

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GSFC slumps after poor Q2 result
Oct 25,2016

The Q2 result was announced after market hours yesterday, 24 October 2016.

Meanwhile, the S&P BSE Sensex was down 123.84 points or 0.44% at 28,055.24

On BSE, so far 7.58 lakh shares were traded in the counter as against average daily volume of 4.39 lakh shares in the past one quarter. The stock hit a high of Rs 96.90 and a low of Rs 92.30 so far during the day. The stock had hit a 52-week high of Rs 102.50 yesterday, 24 October 2016. The stock had hit a 52-week low of Rs 57.65 on 12 February 2016. The stock had outperformed the market over the past 30 days till 24 October 2016, rising 28.34% compared with 1.71% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 33.2% as against Sensexs 0.72% rise.

The mid-cap company has equity capital of Rs 79.70 crore. Face value per share is Rs 2.

Gujarat State Fertilizers & Chemicals (GSFC) is engaged in manufacturing and marketing fertilizers, petrochemicals, chemicals, industrial gases, plastics, fibers and other products.

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GAIL (India) provides update on Urja Ganga
Oct 25,2016

GAIL (India) announced the start of the construction of City Gas Distribution project in Varanasi as Prime Minister Narendra Modi laid the foundation stone. The project is part of GAIL (India)s Jagdishpur - Haldia and Bokaro - Dhamra pipeline project, popularly known as Urja Ganga

The 2540 km JHBDPPl project is being executed at an investment of Rs 12940 crore, which includes 40% capital grant (Rs 5176 crore) from the Government of India. GAIL has also been entrusted with developing of City Gas Distribution network in seven cities enroute the pipeline i.e. Varanasi, Patna, Jamshedpur, Kolkata, Ranchi, Bhubaneshwar and Cuttack.

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Tata Steel intimates of change in Chairman of Tata Sons
Oct 25,2016

Tata Steel announced that Tata Sons at its Board Meeting held on 24 October 2016 has replaced Cyrus P Mistry as the Chairman of Tata Sons with immediate effect. Ratan N Tata shall be the interim Chairman of Tata Sons until a new Chairman is appointed.

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Cash, gift vouchers most preferred Diwali festival gift by employees: Survey
Oct 25,2016

While a box of traditional sweets is the least desirable gift for office workers, cash and gift coupons/vouchers, prepaid cards are most desired this Diwali festival, noted a just-concluded survey by apex industry body ASSOCHAM.

The ASSOCHAM Social Development Foundation conducted an online survey to gauge 1,000 full-time office workers opinions and about 500 human resource professionals on Diwali festival bonuses given by companies and their desired gifts between October 1 - October 15 in 10 cities of - Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Indore, Jaipur, Kolkata, Lucknow, and Mumbai.

The ASSOCHAM survey showed that 45 per cent of office workers wanted cash or gift coupons/vouchers, 35 per cent wanted gadgets/electronic item/home appliances/utensils and other such things for personal use or for use in their households, 15 per cent gift-boxes of sweets or cookies and the remaining preferred various other things.

However over half of the HR professionals that ASSOCHAM interacted with said that cash rewards have the lowest impact and do little to improve employee satisfaction and performance, many of these opined that non-financial rewards have a greater and longer-lasting effect on employee.

Most of the HR professionals said their companies have identified staff members who have consistently performed better and deserve to be recognised with something tangible.

Further elaborating on this aspect, many said their companies adhere to the policy of meritocracy and would reward only the best staff thereby making it performance-based and not across the board.

n++Most of the companies in private sector have gradually moved away from a fixed Diwali bonus and instead provide benefits considering employees individual performance for past few years, so hardly any change is expected on this front,n++ said Mr D.S. Rawat, secretary general of ASSOCHAM while releasing findings of the chambers survey.

n++Though companies are not getting very generous, but considering that Diwali being one of Indias widely celebrated annual festival, corporate gifting has become a tradition to express gratitude, appreciation, develop relationships and generate goodwill amid peers and employees,n++ said Mr Rawat.

Many HR representatives also said that though they have earmarked a certain amount towards corporate gifting, but they have not increased their budget compared to last year.

Many of these said they plan to give gift hampers including assorted chocolates, imported liquor, genuine leather bags and even personalised gifts like gym/club membership to their deserving employees and clients this year.

Crockery, sweets, dry fruits, bed sheets, gold coins, home dn++cor, tableware, luxury watches, designer apparel, expensive writing instruments, free holiday packages, movie tickets, dinner coupons, spa vouchers and hampers with a mix of festive essentials like torans, diyas, aromatic candles remain certain other popular gift options this year too.

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Tata Chemicals intimates of change in Chairman of Tata Sons
Oct 25,2016

Tata Chemicals announced that Tata Sons, Promoters of the Company, have replaced Cyrus P. Mistry as the Chairman of Tata Sons with immediate effect. Ratan N. Tata shall be the Interim Chairman of Tata Sons until the new Chairman is appointed in accordance with the procedure prescribed in the Companies Act, 2013 and the Articles of Association of Tata Sons.

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Sasken surges as board to consider share buyback proposal
Oct 25,2016

The announcement was made after market hours yesterday, 24 October 2016.

Meanwhile, the S&P BSE Sensex was down 126.98 points or 0.45% at 28,052.10

On BSE, so far 62,000 shares were traded in the counter as against average daily volume of 5,847 shares in the past one quarter. The stock hit a high of Rs 440 in intraday trade so far, which is 52-week high for the counter. The stock hit a low of Rs 415.15 so far during the day. The stock had hit a 52-week low of Rs 233.10 on 29 February 2016. The stock had outperformed the market over the past 30 days till 24 October 2016, rising 15.25% compared with 1.71% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 12.83% as against Sensexs 0.72% rise.

The small-cap company has equity capital of Rs 17.72 crore. Face value per share is Rs 10.

Sasken Communication Technologies board of directors will also consider declaration of interim dividend in their meeting on 27 October 2016. The company has fixed 5 November 2016 as the record date for the purpose of payment of interim dividend.

Sasken Communication Technologies consolidated net profit rose 58.48% to Rs 15.61 crore on 11.44% rise in net sales to Rs 121.78 crore in Q1 June 2016 over Q1 June 2015.

Sasken Communication Technologies is a leader in providing engineering R&D and productized IT services to global tier I customers in the communications & devices, retail, insurance and independent software space.

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Firstobject Technologies to launch mobile apps for national competitive entrace exams
Oct 25,2016

Firstobject Technologies is launching mobile applications for various national competitive entrance exams. To begin with, the company is launching apps for National Eligibility cum Entrance Test (NEET) and The Graduate Record Examination (GRE).

The company has developed a big question bank and data for these examinations which are developed by experts in their respective fields. These apps will generate practice tests dynamically from the databases. The apps will help the students identify their strong and weak areas ofpreparation by providing a detailed performance analysis of the student as a user.

The apps are currently in the pre-launch testing. The company is planning to launch them by the first week of December 2016.

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