My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
Eduexel Infotainment to hold board meeting
Oct 21,2016

Eduexel Infotainment will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider and take on record the unaudited Financial Results for the quarter ended 30 September 2016.

Powered by Capital Market - Live News

Shaba Chemicals to hold board meeting
Oct 21,2016

Shaba Chemicals will hold a meeting of the Board of Directors of the Company on 26 October 2016, to consider and approve Unaudited Financial Results for the quarter & Six months ended on 30 September 2016.

Powered by Capital Market - Live News

Rajshree Sugars & Chemicals to hold board meeting
Oct 21,2016

Rajshree Sugars & Chemicals will hold a meeting of the Board of Directors of the Company on 7 November 2016, to consider the unaudited financial results of the Company for the quarter ended 30 September 2016.

Powered by Capital Market - Live News

Deepak Spinners to hold board meeting
Oct 21,2016

Deepak Spinners will hold a meeting of the Board of Directors of the Company on 10 November 2016, to take on record Un-audited Financial Results for the quarter/half year ended 30 September 2016.

Powered by Capital Market - Live News

Upper Ganges Sugar & Industries to hold board meeting
Oct 21,2016

Upper Ganges Sugar & Industries will hold a meeting of the Board of Directors of the Company on 2 November 2016, to consider and approve the Unaudited Financial Results of the Company for the second quarter ended 30 September 2016.

Powered by Capital Market - Live News

Procal Electronics India to hold board meeting
Oct 21,2016

Procal Electronics India will hold a meeting of the Board of Directors of the Company on 28 October 2016, for consideration of unaudited quarterly financial results for the period ended 30 September 2016.

Powered by Capital Market - Live News

Shukra Jewellery to hold board meeting
Oct 21,2016

Shukra Jewellery will hold a meeting of the Board of Directors of the Company on 11 November 2016, to consider and approve Un-Audited Financial Results of the Company for the Quarter/Half Year ended 30 September 2016 as recommended by the Audit Committee along with Limited Review Report by the Statutory Auditors.

Powered by Capital Market - Live News

Phoenix International to hold board meeting
Oct 21,2016

Phoenix International will hold a meeting of the Board of Directors of the Company on 11 November 2016, to Consider, Approve and take on record Un-audited Financial Results of the company for the quarter period and half year ended 30 September 2016.

Powered by Capital Market - Live News

Khaitan Chemicals & Fertilizers to hold board meeting
Oct 21,2016

Khaitan Chemicals & Fertilizers will hold a meeting of the Board of Directors of the Company on 8 November 2016, to take on record the Unaudited Financial Results for the quarter/half-year ended 30 September 2016.

Powered by Capital Market - Live News

First installment of Rs. 1500 crore released to states as central assistance for 99 prioritized irrigation projects under AIBP
Oct 21,2016

Union Minister for Water Resources, River Development and Ganga Rejuvenation Sushri Uma Bharti announced today the release of first installment of Rs. 1500 crore to the states as central assistance for 99 prioritized irrigation projects under Accelerated Irrigation Benefits Program (AIBP). This amount has been released for 50 projects in the states of Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Manipur, Odisha, Punjab, Rajasthan and Telangana

The Minister said is historic day for AIBP as it will mark a new beginning for these projects. She said total funds required for completion of all the 99 identified projects have been estimated at Rs.77595 crore (Rs.48546 crore for project works and Rs.29049 crore for CAD works) with estimated CA of Rs.31342 crore. Likely potential utilization through these projects is estimated to be 76.03 lakh hectare (Lakh ha). Sushri Bharti said accordingly a proposal was made for providing Central Assistance and State share for above mentioned 99 projects through NABARD. The Minister said these projects will cover all most all drought prone districts of 18 States of country and will also go a long way to contain the incident of suicide by farmers. She expressed the hope that with regular monitoring the speedy implementation, the Government would be able to complete all the 99 projects well ahead of the schedule.

The Finance Minister in his budget speech of 2016 had announced for creation of dedicated Long Term Irrigation Fund (LTIF) in NABARD with an initial corpus of about Rs. 20,000 crore and an amount of Rs.12517 crore was provided as budgetary resources and market borrowings during 2016-17.

The Union Cabinet on July 27, 2016 had approved establishment of the Mission to ensure completion of 99 prioritized projects in phases by December 2019 including Command Area Development and Water Management (CAD&WM). The arrangement of funds for Central share/Assistance (CA) has been made by taking loan from NABARD as per year-wise requirements which could be paid back in 15 years time keeping a grace period of three years. Further, the State Governments, if required, may borrow funds from NABARD for the States Share.

Central Government launched the AIBP in the year 1996-97 to provide Central Assistance to major/medium irrigation projects in the country, with the objective to accelerate implementation of such projects which were beyond resource capability of the States or were in advanced stage of completion. Priority was given to those projects which were started in Pre-Fifth and Fifth Plan period and also to those which were benefiting Tribal and Drought Prone Areas. From the year 1999-2000 onwards, Central Loan Assistance under AIBP was also extended to minor surface irrigation projects (SMI) of special category States (N.E. States & Hilly States of H. P., Sikkim, J&K, Uttaranchal and projects benefiting KBK districts of Orissa). Since its inception, 297 Irrigation / Multi Purpose Projects have been included for funding under AIBP. Out of this 143 projects have been completed and 5 projects were foreclosed. An irrigation potential of 24.39 Lakh ha. has been created through these projects. The cumulative Central Loan Assistance / Grant provided to States under AIBP to all of above project till March 31, 2015 was Rs. 67539.52 crore. Twenty five States got benefited from the programme.

During 2015-16, Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) was launched with an aim to enhance physical access of water on farm and expand cultivable area under assured irrigation, improve on farm water use efficiency, introduce sustainable water conservation practices etc. Major and medium irrigation/multipurpose irrigation projects are being funded under PMKSY-AIBP and Repair, Renovation and Restoration (RRR) of Water Bodies, Surface Minor Irrigation (SMI) projects and CAD&WM projects are being funded under PMKSY-Har Khet Ko Pani (HKKP). During 2015-16, Central Assistance of Rs. 2327.82 crore was released for projects under AIBP and CA of Rs. 1905.81 crore was released for projects under CADWM, SMI and RRR of water bodies together. Total CA of Rs 4233.63 crore was released during 2015-16 for PMKSY (AIBP+HKKP)

The issues related to implementation of projects under PMKSY-HKKP including prioritization of projects were deliberated in the Committee headed by Shri Brijmohan Agrawal, Minister (Water Resources) of Chhattisgarh. As per the information supplied by concerned States to the Committee, 99 projects have been identified for completion upto 2019-20. 23 projects (Priority-I) have been identified to be completed by 2016-17 and another 31 projects (Priority-II) have been identified to be completed by 2017-18. The balance 45 projects (Priority-III) have been identified to be completed by December 2019.

One of the major reasons for the projects to remain incomplete was inadequate provision of funds by the concerned State Governments. As a result, large amount of funds spent on these projects were locked up and the benefits envisaged at the time of formulation of the projects could not be achieved. This was a cause for concern and initiative was required at the national level to remedy the situation.

A Mission has been established vide order dt September 07, 2016 with the Officer on Special Duty in the Ministry of Water Resources, River Development and Ganga Rejuvenation (MoWR, RD & GR) as the Mission Director for completion of the identified 99 projects including development of their command area. Mission would be responsible for overall coordination and outcome focused monitoring of all components of PMKSY for achieving its targets.

A Council headed by CEO, NITI Aayog and having Secretary(WR, RD & GR), Secretary (A&C), Secretary (RD) and Secretary(Finance), Chairman, NABARD as members, has been established vide order dated September 07, 2016 which shall look after the overall implementation of works and policy matters. Chief Secretaries (or their representative) of the States having large number of projects to be completed under this programme i.e. Andhra Pradesh, Maharashtra, Madhya Pradesh, Odisha and Telangana shall also be members. Further, one of Chief Secretaries (or his representative) from rest of the States implementing projects, under this programme, shall also be a member by rotation. The Mission Director would be the Member Secretary of the Council. The Council shall be responsible for overall implementation of project works, coordination and monitoring in a manner so as to complete identified 99 projects as per targets. The Council would be responsible for overall supervision of the Mission to achieve its objectives and shall also undertake monitoring and course correction, where required during implementation.

A High Level Empowered Committee (HLEC) comprising Finance Minister, Minister (WR, RD & GR), Minister of Agriculture, Cooperation and Farmers Welfare, Minister of Rural Development, Vice Chairman, NITI Aayog has also been constituted vide order dt September 07, 2016 which would review the progress of the identified 99 projects and other components under PMKSY and also provide policy guidance for mid-term course correction.

Further, online monitoring as well as physical monitoring at various levels including third party monitoring has been contemplated for ensuring completion of these projects as planned. Expression of Interest (EOI) has already been sought for finalizing the agency in this regard. A MIS system and mobile based application being prepared in this regard in consultation with NITI Aayog is in advance stage of development.

Powered by Capital Market - Live News

Gartner Says Enterprises Must Use Digital Economics to Fully Exploit the Value of Digital Business
Oct 21,2016

Organizations that have been able to cause real market disruptions have done so because they have applied digital economics to exploit new value creation opportunities, according to Gartner, Inc.

The deepening and widening of digital business initiatives puts CIOs, chief data officers (CDOs) and digital leaders at the center of creating measurable new business value. These leaders are uniquely positioned to connect digital technology advances with emerging flexible business models to fuel growth, said Chris Howard, vice president and distinguished analyst at Gartner. Digital technologies are expanding the value of traditional products and services by using data, content, algorithms, analytics, and the connections between economic agents in a digital ecosystem. Some organizations, such as GE, Uber, Hitachi and Monsanto, are already beginning to change the basis of competition by exploiting digital value to fuel business growth. They have understood that the framework for exploiting the value of digital business is digital economics.

Gartner defines digital economics as the creation, consumption and control of value associated with digital products, services and assets in organizations. Digital economics creates a framework for organizations to understand and account for how much of an organizations business value can be defined as potential or realized digital value. It guides CIOs and CDOs in creating new value mechanisms and complementing or extending existing ones. By doing so, they are able to monetize the value of digital innovation and link that value with the organizations business objectives.

All too often IT leaders focus value creation more narrowly, with the result that most digital initiatives are aimed at operational improvements, rather than value transformation, said Saul Judah, research director at Gartner. While this tactical approach to digital value can result in very real process and financial improvements, the greatest potential for digital value lies in more strategic initiatives, such as creating new markets, empowering employees, changing the basis of competition and crossing industry boundaries.

To tap into this value, IT leaders should begin by engaging with business leaders to identify the sources of digital value, catalog existing digital assets, products and services, and assess and assign value to them. Digital products, assets and services can be understood, cataloged and valued based on several methods:

Using Infonomics to Exploit Information as an Asset

Information, such as customer data and digital content, is increasingly understood as an asset. These assets have real business value measured, for example, by intrinsic value or market value. Organizations invest in increasing the quality and consistency of their customer contact data so that they can, for example, run marketing campaigns that yield better returns. The theory of infonomics applies information valuation techniques to information assets and can be used by organizations to understand its business value as an asset.

Exploiting the Economics of Connections

Gartner predicts that by 2018, the new economics of connections will drive organizations to increase investments in connected physical assets and systems by 30 percent. Connections between people, businesses and things have business value. That business value exists in the connection itself (for example, charging for usage of an API) as well as the asset being exchanged through the connection. Economic value, therefore, is a function of the number, context and usage of connections in the enterprise.

Exploiting the Power of Algorithms

Algorithms and analytics offer accelerators of value and are themselves of exchangeable and monetizable value. An analytics process may use algorithms in its creation, which could also be monetizable through an algorithmic marketplace, making it available to enterprises of all types and sizes to use.

Without a corresponding economic framework, these elements of digital value remain a loose collection of digital tools and techniques, said Mr. Judah. IT leaders should establish a digital economic framework that connects digital value to a renovated economic architecture. This will help them establish a strategic, commercially sustainable foundation for creating new markets and new revenue sources.

Powered by Capital Market - Live News

GNFC surges after bulk deal
Oct 21,2016

Meanwhile, the BSE Sensex was down 33.39 points, or 0.12%, to 28,096.45

Bulk deal boosted volume on the scrip. On BSE, so far 12.32 lakh shares were traded in the counter, compared with an average daily volume of 2.26 lakh shares in the past one quarter. The stock hit a high of Rs 247.55 so far during the day, which is also a record high for the stock. The stock hit a low of Rs 223.05 so far during the day. The stock hit a 52-week low of Rs 59.25 on 23 October 2015. The stock had outperformed the market over the past 30 days till 20 October 2016, rising 26.41% compared with 1.32% fall in the Sensex. The scrip also outperformed the market in past one quarter, gaining 40.1% as against Sensexs 1.17% rise.

The mid-cap company has an equity capital of Rs 155.42 crore. Face value per share is Rs 10.

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) reported net profit of Rs 50.62 crore in Q1 June 2016 as against net loss of Rs 9.36 crore in Q1 June 2015. Net sales declined 10.55% to Rs 945.44 crore in Q1 June 2016 over Q1 June 2015.

GNFC is one of the leading companies in the fertilizer industry in India.

Powered by Capital Market - Live News

Mahindra & Mahindra launches e2oPlus - new electric CitySmart car
Oct 21,2016

Mahindra & Mahindra announced that Mahindra Electric announced the launch of of its new electric CitySmart car, the e2oPlus. With zeroemission, the e2oPlus is priced at Rs. 5.46 lakh (for the P4 variant ex-showroom Delhi, post state subsidy and FAME incentive).

On a full charge, the Mahindra e2oPlus can travel for upto 140 kms and can achieve a top speed of 85 kmph. Charging the e2oPlus is as simple as charging a mobile phone. Customers can choose between 4 trim levels (P2, P4, P6, P8) and 4 exciting colours namely Coral Blue, SparklingWine, Arctic Silver, Solid White.

Powered by Capital Market - Live News

Cipla drops after unfavorable ruling by Supreme Court
Oct 21,2016

The announcement was made during market hours today, 21 October 2016.

Meanwhile, the S&P BSE Sensex was down 54.24 points or 0.19% at 28,075.60

On BSE, so far 1.53 lakh shares were traded in the counter as against average daily volume of 2.08 lakh shares in the past one quarter. The stock hit a high of Rs 596.50 and a low of Rs 570.30 so far during the day. The stock had hit a 52-week high of Rs 704.75 on 29 October 2015. The stock had hit a 52-week low of Rs 458.25 on 25 May 2016. The stock had outperformed the market over the past 30 days till 20 October 2016, falling 0.86% compared with 1.32% fall in the Sensex. The scrip also outperformed the market in past one quarter, gaining 14.5% as against Sensexs 1.17% rise.

The large-cap company has equity capital of Rs 160.84 crore. Face value per share is Rs 2.

Cipla said that Supreme Court has today, 21 October 2016 decided in favour of Union of India in an appeal filed against the company and others arising out of the judgement of the Allahabad High Court. The other petitions filed in the Bombay High Court on completely separate sets of grounds relating to alleged overcharged amounts are pending and are still subject to the interim stay granted by the Supreme Court in July 2016, Cipla said. The ruling was with reference to pending legal cases relating to alleged overcharging in respect of certain drugs under the Drugs (Price Control) Order, 1995.

On a consolidated basis, Cipla reported 43.7% fall in net profit to Rs 365.24 crore on 6.9% decline in net sales to Rs 3499.81 crore in Q1 June 2016 over Q1 June 2015.

Cipla is a global pharmaceutical company

Powered by Capital Market - Live News

Disappointing Q3 results drag lower ACC counter
Oct 21,2016

The result was announced during market hours today, 21 October 2016.

Meanwhile, the S&P BSE Sensex was down 64.43 points or 0.23% at 28,062.74.

More than usual volumes were witnessed on the counter. On BSE, so far 65,883 shares were traded in the counter as against average daily volume of 35,172 shares in the past one quarter. The stock hit high of Rs 1,618.75 and low of Rs 1,542 so far during the day. The stock hit a 52-week high of Rs 1,738 on 8 August 2016. The stock hit a 52-week low of Rs 1,173.25 on 29 February 2016. The stock had underperformed the market over the past one month till 20 October 2016, falling 1.42% compared with 1.38% decline in the Sensex. The scrip had also underperformed the market in past one quarter, declining 1.31% as against Sensexs 0.77% rise.

The large-cap company has equity capital of Rs 187.79 crore. Face value per share is Rs 10.

ACCs operating earnings before interest, taxes, depreciation and amortization (EBITDA) declined 12.61% to Rs 273.70 crore in Q3 September 2016 over Q3 September 2015. ACC said that the ongoing efforts to enhance operational efficiencies and tighten operating costs enabled some visible signs of improvements by way of optimisation of fuel mix with higher use of cheaper fuel like pet coke, optimization of the gypsum mix and lower input material costs. ACC said in its outlook that on the supply side, the company expects its volumes to pick up as the newly commissioned units stabilize, especially in the fast-growing eastern region. On the overall demand side, the company maintains an optimistic outlook for the economy in the coming months.

ACC is a manufacturer of cement and ready mixed concrete with a countrywide network of factories and sales offices.

Powered by Capital Market - Live News