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MOIL appoints director
Feb 01,2017

MOIL announced that Government of India vide letter dated 31 January 2017 have appointed Sunanda Prasad as Non-Official Independent Director on the Board Moil for a period of three years from the date of notification of her appointment, or till further orders whichever is earlier.

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NHPC shuts down Chamera-lll (3 X 77) 231 MW Power Station in Himachal Pradesh
Feb 01,2017

NHPC announced that Chamera-lll (3 X 77) 231 MW Power Station in Himachal Pradesh shall be under complete shutdown w.e.f. 01 February 2017 to 31 March 2017 for rectification of leakage from water conducting system.

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Tata Motors announces total sales figures
Feb 01,2017

Tata Motors announced that passenger and commercial vehicle total sales in January 2017 stood at 46349 vehicles, a decline of 1% over 47035 vehicles sold on January 2016. Total sales included domestic sales of 41428 vehicles in January 2017, registering flat growth over January 2016. Cumulative sales for the fiscal were at 437842 vehicles, higher by 6% over 411974 vehicles sold last year.

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Cummins India to pay interim dividend
Feb 01,2017

Cummins India announced that interim dividend will be paid on 01 March 2017.

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Hikal to pay interim dividend
Feb 01,2017

Hikal announced that interim dividend will be paid to shareholders on 23 February 2017.

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Board of Hikal declares interim dividend
Feb 01,2017

Hikal announced that the Board of Directors of the Company at its meeting held on 01 February 2017, inter alia, has declared a Interim Dividend for the financial year 2016-17 on Equity Share Capital @ 30% [Rs. 0.60 per equity share, nominal value of Rs. 2/- each].

The Interim Dividend will be paid to the shareholder on 23 February 2017.

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Hikal fixes record date for interim dividend
Feb 01,2017

Hikal has fixed Record Date as 14 February 2017 to ascertain the shareholders of the Company entitled for the payment of Interim Dividend.

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Balkrishna Industries fixes record date for 3rd interim dividend
Feb 01,2017

Balkrishna Industries has fixed 20 February 2017 as the Record Date for the purpose of Payment of Third Interim Dividend, if declared.

Payment thereof shall be credited /dispatched on or after 23 February 2017.

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Board of Cummins India declares interim dividend
Feb 01,2017

Cummins India announced that the Board of Directors of the Company at its meeting held on 01 February 2017, have declared an interim dividend of Rs. 5/- per equity share on 277,200,000 equity shares of Rs. 2/- each for the Financial Year 2016-17. The dividend warrants for the said interim dividend will be dispatched by 27 February 2017 and the dividend will be paid on 01 March 2017.

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Cummins India fixes record date for interim dividend
Feb 01,2017

Cummins India has fixed 11 February 2017 as the Record Date for the purpose of Payment of Interim Dividend.

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Bosch fixes record date for interim dividend
Feb 01,2017

Bosch has fixed 18 February 2017 as the Record Date for the purpose of Payment of Interim Dividend, if approved.

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Gayatri Projects fixes record date for sub-division of shares
Feb 01,2017

Gayatri Projects has fixed 13 February 2017 as the Record Date for the purpose of Sub-Division of Rs. 10/- per equity share of the Company into 5 equity shares of Rs. 2/- each.

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Board of National Fittings to consider interim dividend
Feb 01,2017

National Fittings announced that a proposal of an Interim Dividend for the Financial year 2016 - 2017 would be considered at the Board Meeting to be held on 09 February 2017.

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Hotel stocks gain as FM proposes special tourism zones
Feb 01,2017

CHL (up 4.8%), Jindal Hotels (up 0.99%), Indian Hotels Company (up 2.64%), Viceroy Hotels (up 2.33%), Taj GVK Hotels (up 1.8%), EIH (up 1.87%), Oriental Hotels (up 2.88%) gained. Hotel Leela Venture was unchanged at Rs 16.65. Royal Orchid Hotel (down 1.6%) and EIH Associated Hotels (down 1.29%) declined.

Meanwhile, the S&P BSE Sensex was up 485.68 points, or 1.76%, to 28,141.64

The Finance Minister proposed special purpose vehicle (SPV) with funding from both the government and the private sector to trigger investment into the special tourism zones (STZs).

Saying that tourism sector is a major employment generator with multiplier effect, the Finance Minister also mentioned that next level of Incredible India brand marketing campaign, Incredible India 2.0, will be unleashed in the international market.

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Sarthak Global announces resignation of CFO
Feb 01,2017

Sarthak Global announced that Sunil Gangrade has resigned from the post of Chief Financial Officer (CFO) of the Company from the closing hours of 31 January 2017.

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