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Supreme Holdings & Hospitality reports standalone net loss of Rs 0.04 crore in the December 2016 quarter
Feb 04,2017

Net Loss of Supreme Holdings & Hospitality reported to Rs 0.04 crore in the quarter ended December 2016 as against net loss of Rs 0.11 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Board of Corporate Merchant Bankers appoints director
Feb 04,2017

Corporate Merchant Bankers announced that the Board of Directors of the Company has appointed Madhagiri Kumar Vijay as an Additional Director on the Board of the Company with effect from 03 February 2017 subject to the approval of shareholders of the Company in the ensuing Annual General meeting.

Madhagiri Kumar Vijay does not have any relationship with any of the existing Directors of the Company.

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Cityon Systems (India) announces resignation of company secretary
Feb 04,2017

Cityon Systems (India) announced that Disha Bajpai has resigned the Company from the post of Company Secretary cum Compliance Officer w.e.f. 05 February 2017.

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Jindal Steel & Power allots 120434 equity shares
Feb 04,2017

Jindal Steel & Power announced that the Corporate Management Committee of the Board of Directors of the Company has in its meeting held on 03 February 2017 allotted 1,20,434 equity shares of Re. 1/- (Rupees one only) each for cash at par in accordance with the terms and conditions of ESPS Scheme 2013.

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United Spirits announces appointment of director
Feb 04,2017

United Spirits announced that the Board of Directors of the Company have passed a resolution in Circulation effective 02 February 2017 and appointed Randall David Ingber (Randall) a nominee of Relay B V., an indirect wholly owned subsidiary of Diageo plc, as a non-executive non-independent director on the Board of the Company with effect from 02 February 2017.

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DCW intimates of disruption of operations
Feb 04,2017

DCW announced that the workers of the Companys factory at Sahupuram, Tamil Nadu has resorted disruption of the operations of the factory without any formal notice of the strike. They have resorted to blocking of the movement of finished products out of the factory premises and also entry of vehicles carrying raw materials into the factory premises.

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Closure of Public Sector Undertakings (PSUs)
Feb 04,2017

NITI Aayog constituted a committee on Sick/Loss making/Non performing Central Public Sector Enterprises (CPSEs) on March 9th 2016. The committee noted that financial performance of 74 CPSEs has been unsatisfactory and a number of these have requested for and received periodic support from budgetary resources. Over the years, this has become a significant drain on limited resources of the government. The committee has made the recommendations of closure/winding up of 26 such CPSEs.

Under the Central Sector Scheme of DPE i.e. Counseling, Retraining & Redeployment (CRR Scheme) skill development training is providing to CPSEs employees separated under Voluntary Retirement Scheme (VRS)/Voluntary Separation Scheme (VSS) (VRS/VSS Optees) to enable them to get redeployment or to take up self-employment. The Scheme has a provision for training of the dependent also in lieu of the VRS/VSS Optees.

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Shriram City Union Finance announces resignation of director
Feb 04,2017

Shriram City Union Finance announced that Ramakrishnan Subramanian, Non-Executive, Non-Independent Director informed the Company his decision to step down from the Board of Directors and all Committees of the Company with immediate effect.

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Wheat and Pulses have register record sowing in term of area
Feb 04,2017

As per preliminary reports received from the States, the total area sown under Rabi crops as on 3rd February 2017 stands at 645.12 lakh hectares as compared to 610.44 lakh hectare this time in 2016. Wheat and pulses have register record sowing in term of area.

             Wheat has been sown/transplanted in 317.81 lakh hectares (normal area 304.05 lakh hectare), rice in 25.64 lakh hectares, pulses in 159.72 lakh hectares( normal area 140.68 lakh hectares), coarse cereals in 57.61 lakh hectares and area sown under oilseeds is 84.34 lakh hectares.

The area sown so far and that sown during last year this time is as follows:

Lakh hectare 

CropArea sown in 2016-17Area sown in 2015-16Wheat317.81297.25Rice25.6429.03Pulses159.72143.70Coarse Cereals57.6161.05Oilseeds84.3479.42Total645.12610.44

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Opening of Bank Accounts and Promotion of Digital Payments in Textile Sector
Feb 04,2017

Government has launched a special drive for opening of bank accounts and promotion of digital payments in the textiles sector, by organizing special camps. As on 20 January 2017, a total of 11,86,203 bank accounts have been opened and activated for textile workers, which includes 17,245 jute workers. For weavers and artisans of handloom and handicraft sectors, 1,912 camps were organized upto 20 January 2017; a total of 6,28,215 bank accounts have been opened/mobile apps downloaded by the participants of these camps. Banks have provided micro-ATM facilities at weaving clusters.

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Kalyanpur Cements announces cessation of BIFR nominated director
Feb 04,2017

Kalyanpur Cements announced that consequent upon winding up of BIFR as a result of notification of Sick Industrial Companies (Special Provisions) Repeal Act, 2003 BIFR has ceased to exist and Winding Up Cell of BIFR has informed that the Special Directors appointed by BIFR would not continue on the board of the companies where they were appointed as Special Directors.

Accordingly, Ashok Kumar Dutta, appointed by BIFR as Special Director has ceased to be member of the Board of Directors of the Company.

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Dalmia Bharat allots 60000 equity shares
Feb 04,2017

Dalmia Bharat has allotted 60000 equity shares of Rs 2 each on 03 February 2017 pursuant to the Employee Stock Option Scheme.

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Marico announces resignation of director
Feb 04,2017

Marico announced that Atul Choksey Independent Director of the Company has tendered his resignation with effect from 01 April 2017 on the grounds of paucity of time, vide his letter dated 01 February 2017, which was received by the Company on 02 February 2017.

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Gulf Oil Lubricants India allots 8,526 equity shares
Feb 04,2017

Gulf Oil Lubricants India announced that on 03 February 2017 the Company has allotted 8,526 Equity Shares of Rs. 2/- each fully paid-up to the grantees on exercise of the options granted to them pursuant to the Gulf Oil Lubricants India Limited - Employee Stock Option Scheme 2015.

These Equity Shares rank pari-passu with existing Equity Shares of the Company.

In view of the above the issued and paid-up capital of the Company stands increased to Rs. 9,92,46,136/- consisting 4,96,23,068 Equity Shares of Rs. 2/- each.

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Credit Analysis & Research fixes record date for 3rd interim dividend
Feb 04,2017

Credit Analysis & Research has fixed 15 February 2017 as the Record Date for the purpose of payment of Third Interim Dividend.

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