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Omax Autos to hold board meeting
Oct 21,2016

Omax Autos will hold a meeting of the Board of Directors of the Company on 27 October 2016, to consider the Unaudited Financial Results of the Company for the quarter and half year ended 30 September 2016.

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Arman Financial Services to hold board meeting
Oct 21,2016

Arman Financial Services will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider & approve the Unaudited Financial Results (Both Standalone & Consolidated) for the Quarter / Half Year ended on 30 September 2016.

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RLF to hold board meeting
Oct 21,2016

RLF will hold a meeting of the Board of Directors of the Company on 4 November 2016, to consider the standalone & consolidated unaudited financial results for the quarter and half year ended 30 September 2016.

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Sumedha Fiscal Services to hold board meeting
Oct 21,2016

Sumedha Fiscal Services will hold a meeting of the Board of Directors of the Company on 5 November 2016, to consider and approve the Unaudited Financial Results of the Company for the Quarter and Half Year ended 30 September 2016.

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The Hi-Tech Gears to hold board meeting
Oct 21,2016

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 28 October 2016, to consider Approve and take on record the quarterly un-audited financial results for the 2nd quarter & half year ended on 30 September 2016 & To consider and appoint Chief Financial Officer (CFO) of the Company.

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Revathi Equipment to hold board meeting
Oct 21,2016

Revathi Equipment will hold a meeting of the Board of Directors of the Company on 7 November 2016, to consider and approve the un-audited Financial Results for the quarter period/half year ended 30 September 2016.

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Chartered Capital & Investment to hold board meeting
Oct 21,2016

Chartered Capital & Investment will hold a meeting of the Board of Directors of the Company on 28 October 2016, to consider and approve Unaudited Financial Results of the company for the quarter and period ended 30 September 2016.

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Rich Universe Network to hold board meeting
Oct 21,2016

Rich Universe Network will hold a meeting of the Board of Directors of the Company on 7 November 2016, to consider & approve the un-audited financial results for the quarter ended 30 September 2016.

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Welspun India to hold board meeting
Oct 21,2016

Welspun India will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider and take on record, unaudited financial results for the quarter ended on 30 September 2016.

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Rolcon Engineering Company to hold board meeting
Oct 21,2016

Rolcon Engineering Company will hold a meeting of the Board of Directors of the Company on 8 November 2016, to consider and approve the Unaudited financial Result of the Company for the quarter ended on 30 September 2016.

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Ind-Agiv Commerce to hold board meeting
Oct 21,2016

Ind-Agiv Commerce will hold a meeting of the Board of Directors of the Company on 28 October 2016, to Consider and take on record the Unaudited financial results for the half year ended on 30 September 2016.

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Gujarat Ambuja Exports to hold board meeting
Oct 21,2016

Gujarat Ambuja Exports will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider and approve Unaudited Financial Results of the Company for the second quarter and half year ended 30 September 2016 as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Syngene International hits record high after posting robust Q2 results
Oct 21,2016

The result was announced after market hours yesterday, 20 October 2016.

Meanwhile, the S&P BSE Sensex was down 135.11 points, or 0.49%, to 27,990.72.

High volumes were witnessed on the counter. On BSE, so far 65,911 shares were traded in the counter, compared with average daily volume of 31,445 shares in the past one quarter. The stock hit a high of Rs 565 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 546.05 so far during the day. The stock hit a 52-week low of Rs 343.70 on 9 November 2015. The stock had outperformed the market over the past one month till 20 October 2016, rising 14.88% compared with 1.38% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 28.49% as against Sensexs 0.77% rise.

The mid-cap company has equity capital of Rs 200 crore. Face value per share is Rs 10.

Syngene Internationals earnings before interest, taxes, depreciation and amortization (EBITDA) rose 49% to Rs 122 crore in Q2 September 2016 over Q2 September 2015. EBITDA margin rose to 38% in Q2 September 2016 from 31% in Q2 September 2015.

Promoted by Biocon, Syngene International is a leading India-based contract research organization (CRO) offering a suite of integrated and end-to-end discovery and development services for novel molecular entities (NMEs) across industrial sectors. Biocon holds 72.61% stake in Syngene, as per the shareholding pattern as on 30 September 2016.

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Biocon scales record high after turnaround Q2 outcome
Oct 21,2016

The result was announced after market hours yesterday, 20 October 2016.

Meanwhile, the S&P BSE Sensex was down 138 points or 0.49% at 27,991.84

On BSE, so far 2.23 lakh shares were traded in the counter as against average daily volume of 1.67 lakh shares in the past one quarter. The stock hit a high of Rs 1,020 so far during the day, which is also a record high for the stock. The stock hit a low of Rs 978 so far during the day. The stock had hit a 52-week low of Rs 430.80 on 12 February 2016. The stock had outperformed the market over the past 30 days till 20 October 2016, gaining 3.48% compared with 1.32% fall in the Sensex. The scrip also outperformed the market in past one quarter, advancing 21.21% as against Sensexs 1.17% rise.

The large-cap company has equity capital of Rs 100 crore. Face value per share is Rs 5.

Biocons consolidated total income rose 21.2% to Rs 992.50 crore in Q2 September 2016 over Q2 September 2015. Consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) rose 45% to Rs 277 crore in Q2 September 2016 over Q2 September 2015. EBITDA margin improved to 28% in Q2 September 2016 from 23% in Q2 September 2015.

Biocon said that the company reported robust performance led by a strong growth of Small Molecules, Biologics and Syngene. Licensing income stood at Rs 32 crore while other income reported was Rs 52 crore in Q2 September 2016.

Commenting on the quarterly performance and highlights, Chairperson and Managing Director, Kiran Mazumdar-Shaw stated that the companys performance in Q2 September 2016, was led by strong growth across small molecules, biologics and research services. Expansion of biologics footprint in emerging markets and licensing agreements boosted the revenue further. The companys ready-to-use Insulin Glargine pen launched in Japan has been well received which augurs well for business. The acceptance of proposed biosimilar Trastuzumab filing for review by EMA was a critical milestone in Q2 September 2016. She added that long term investments in R&D, manufacturing facility in Malaysia and clinical advancement of programs will enable the company to unlock greater value, going forward.

Biocon is Indias largest and fully-integrated, innovation-led biopharmaceutical company.

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Over 2000 visitors thronged Consumer Mela to register their grievances
Oct 21,2016

The Consumer Mela organized by Department of Consumer Affairs on 20 October at Central Park, Connaught Place in New Delhi generated enough enthusiasm among the Consumers and more than 2000 visitors thronged the Mela to register their grievances or for counseling. National Consumer Helpline Stall registered more than 200 visitors. State Bank of India reported that 100 visitors to their counter with different queries and suggestions. There were 60 visitors in the ASCI counter enquiring about misleading advertisements. FSSAI had 250 visitors while TRAI had 200 visitors in their stall.

The Mela was organized in association with the industry bodies, FICCI, ASSOCHAM, CII, PHD CHEMBER and DICCI as well as sector regulators like TRAI FSSAI, BIS etc.

The main objective of the mela was to bring the consumers and company face to face so as to resolve the grievances to the extent possible. This was also an opportunity for the consumers to register their grievances on the spot.

During the inauguration, the Minister also launched week long Consumer Awareness programme to be observed throughout the country during 20 to 27 October 2016 this year. He announced that from next year the consumer awareness week will be observed for one week from March 15, which is World Consumer Rights Day. Incidentally, the department is also observing Swachhta Pakhwada from 16 to 31 Oct 2016 . During the Mela the visitors were informed about the responsibility of the Consumers to keep their surroundings clean.

In the Mela, apart from National Consumer Helpline, BIS, FSSAI, NTH, NCDRC, Weights and Measures, reputed private companies also participated in good number. All together there were 50 stalls put up by participants.

Shri Hem Pande, Secretary Department of Consumer Affairs exhorted all the State Governments to replicate the Mela in their respective State and UTs so as to empower the Consumers.

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