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JPT Securities to consider Q3 and 9M results
Jan 30,2017

JPT Securities announced that a Meeting of the Board of Directors of the Company will be held on 09 February 2017, inter alia, to consider and approve the Unaudited Financial Results for the quarter and nine months ended 31 December 2016.

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List of Agreements/MOUs exchanged during the State visit of Crown Prince of Abu Dhabi to India
Jan 30,2017

 S. No.Name of Agreement/MoUDetails1.

Agreement on Comprehensive Strategic Partnership between the Republic of India and the UAE

This is a general framework agreement which highlights the areas of bilateral cooperation identified under the comprehensive strategic partnership as agreed upon in the high level joint statements issued in the August 2015 and February 2016.

2..

MoU between the Ministry of Defence of the Government of the Republic of India and the Ministry of Defence of the Government of UAE on cooperation in the field of Defence Industry

This MoU aims to establish cooperation in the identified fields of defence manufacturing and technology, including through studies, research, development, innovation and cooperation between public and private sector institutions of the two countries. The two sides will cooperate in areas of armaments, defence industries and transfer of technology.

3.

MoU between the Government of the Republic of India and the Government of the UAE on Institutional Cooperation on Maritime Transport

This MoU provides a framework for enhancing bilateral maritime trade ties through facilitating maritime transport, free transfer of monies between contracting parties and reciprocal recognition of ships documents.

4.

MOU between the Directorate General of Shipping, Republic of India and the Federal Transport Authority- Land and Maritime in the UAE on Mutual Recognition of Certificates of Competency as per the provisions of the Standards of Training, Certification and Watch-keeping Convention (STCW78) and amendments thereof

This MoU aims to deepen the maritime economic activities in general by establishing a framework for Mutual Recognition of Certificates of Competency of marine officers, engineers and crews.

5.

MoU between the Ministry of Road Transport and Highways of the Republic of India and the Federal Transport Authority, Land and Maritime of the UAE on Bilateral Cooperation in the Road Transport and Highways Sector

This MoU aims to establish cooperation in the sectors of Highways and Road transport through sharing of technologies, systems and best practices in freight logistics, warehousing and value added services.

6.

MOU between the Government of the Republic of India and the Government of UAE on cooperation in prevention and combating of human trafficking

This MoU aims to enhance bilateral cooperation on the issue of prevention, rescue, recovery and repatriation related to human trafficking, especially of women and children expeditiously.

7.

MoU for the cooperation in the field of Small and Medium Enterprises (SMEs) and innovation between the Ministry of Economy of United Arab Emirates and Ministry of Micro, Small and Medium Enterprises (MoSMSME) of the Republic of India

This MoU aims at promoting cooperation in MSMEs Sectors, including in joint projects, R & D and related activities.

8.

MoU between the Ministry of Agriculture and Farmers Welfare of the Republic of India and the Ministry of Climate Change & Environment of UAE in agriculture and Allied sectors

This MoU aims to develop a framework for cooperation in various agricultural fields of mutual interest, including through enhancement of cooperation in food processing and transfer of technology in cultivation methods.

9.

MOU between the Government of the Republic of India and the Government of UAE on mutual exemption of entry visa requirements to the holders of Diplomatic, special and Official Passports

The agreement allows holders of diplomatic, special and official passports visa free travel between the two countries.

10.

MoU between Prasar Bharati, India and Emirates News Agency (WAM), UAE for cooperation in programme exchange

This MoU aims to strengthen ties between Prasar Bharati and Emirates News Agency (WAM), UAE through cooperation in the field of broadcasting, mutual exchange of programmes, news and best practices.

11.

MoU between the Ministry of Commerce and Industry of the Republic of India and the Ministry of Economy of United Arab Emirates on trade remedial measures to promote cooperation in areas of mutual interest

This MoU aims to enhance cooperation in the field of anti-dumping and allied duties through exchange of information, capacity-building, seminars and trainings in mutually indentified areas related to trade remedial measures.

12.

Agreement on Oil Storage And Management
between Indian Strategic Petroleum Reserves Limited and Abu Dhabi National Oil Company

This agreement aims to establish a framework for the storage of crude oil by Abu Dhabi National Oil Company in India and to further strengthen the strategic relationship between the two countries in the field of energy.

13.

MOU between National Productivity Council and Al Etihad Energy Services Co. LLC

This MOU is on Cooperation in Energy Efficiency Services.

14.

MOU between National Security Council Secretariat of India & National Electronic Security Authority of the UAE

This MoU is on technology development and cooperation in cyberspace.

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REC signs 3 MoUs for extending financial assistance of Rs 60,000 cr to power utilities in Andhra Pradesh
Jan 30,2017

Rural Electrification Corporation has signed three Memorandum of Understandings for extending financial assistance to the tune of Rs 60,000 crore for next 5 years (up to March 2022) to Andhra Pradesh Power Generation Corporation (financial assistance upto Rs 40,000 crore); Transmission Corporation of Andhra Pradesh (financial assistance upto Rs 10,000 crore); and AP DISCOMs (financial assistance upto Rs 10,000 crore).

Apart from financial assistance, power utilities have agreed for availing consultancy and management services from wholly owned subsidiaries of REC i.e. REC Power Distribution Company and REC Transmission Projects Company for their various activities and projects for next 5 years.

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Board of Rubra Medicaments to consider December quarter results
Jan 30,2017

Rubra Medicaments announced that a Board Meeting of the Directors of the Company is scheduled to be held on 08 February 2017, to discuss and approve the unaudited Financial Result for the quarter ended on 31 December 2016.

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Maithan Alloys to consider Q3 and 9M results
Jan 30,2017

Maithan Alloys announced that a meeting of the Board of Directors of the Company will be held on 10 February 2017, inter alia, to consider and approve the Standalone Un-Audited Financial Results for the quarter and nine months ended 31 December 2016.

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Board of Pressure Sensitive Systems (India) to consider December quarter and year end results
Jan 30,2017

Pressure Sensitive Systems (India) announced that the meeting of the Board of Directors of the Company will be held on 13 February 2017, inter alia, to consider the unaudited financial results of the company for quarter and year ending 31 December 2016.

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Board of Chordia Food Products to consider December quarter results
Jan 30,2017

Chordia Food Products announced that the Meeting of Board of Directors of the Company is scheduled on 11 February 2017, inter alia, to consider the Unaudited Financial Results for the quarter ended as on 31 December 2016.

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Board of SKIL Infrastructure to consider September quarter and half year results
Jan 30,2017

SKIL Infrastructure announced that a Meeting of the Board of Directors of the Company will be held on 09 February 2017, inter alia, to consider and approve the Unaudited Financial Results for the quarter and half year ended 30 September 2016.

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Laurel Organics to consider Q3 and 9M results
Jan 30,2017

Laurel Organics announced that a meeting of Board of Directors of the Company is scheduled to be held on 13 February 2017, inter alia, to consider & approve the Un-Audited Financial Results (Standalone) for the quarter and nine months ended on 31 December 2016 and to take on record the Limited Review Report thereon, from Statutory Auditors of the Company.

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Board of AAR Commercial Company to consider December quarter results
Jan 30,2017

AAR Commercial Company announced that a meeting of the Board of Directors of the Company will be held on 13 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the Quarter and Nine months ended 31 December 2016.

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MoU signed between POWERGRID and Abu Dhabi Water & Electricity Authority (ADWEA)
Jan 30,2017

Power Grid Corporation of India (POWERGRID), a central Power Sector PSU and CTU has signed a Memorandum of Understanding with Abu Dhabi Water & Electricity Authority (ADWEA) & its group of companies on 25th January, 2017. The MoU was signed by His Excellency Saeed Al Suwaidi, Managing Director, Abu Dhabi Distribution Co. (UAE) and Shri Anil Mehra, Executive Director- International Business, POWERGRID in the presence of Shri I.S Jha CMD, POWERGRID and Senior officials from both sides.

The MoU inter alia envisages cooperation between ADWEA & its group of companies and POWERGRID to work in areas like smart grid, Transmission technology & providing capability development and training in the field of Operation & Maintenance (O&M), Asset Management, Project Management, Power Transmission & Distribution, etc. POWERGRID shall also assist ADWEA in setting up an advanced n++World Class Capability Development instituten++ in UAE.

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Ashoka Buildcon gains after new order win
Jan 30,2017

The announcement was made during market hours today, 30 January 2017.

Meanwhile, the S&P BSE Sensex was down 14.76 points, or 0.05%, at 26,867.70.

On the BSE, 54,000 shares were traded on the counter so far as against the average daily volumes of 23,337 shares in the past one quarter. The stock had hit a high of Rs 192 and a low of Rs 185.10 so far during the day.

The stock had hit a 52-week high of Rs 196.30 on 2 February 2016 and a 52-week low of Rs 111 on 7 April 2016. The stock had outperformed the market over the past one month till 27 January 2017, advancing 19.56% compared with the Sensexs 6.37% rise. The scrip had also outperformed the market over the past one quarter gaining 13.9% as against the Sensexs 0.12% fall.

The mid-cap company has equity capital of Rs 93.57 crore. Face value per share is Rs 5.

Ashoka Buildcon announced that it has received a letter of award for turnkey contracts for providing APL service connection with LT line extension under state plan in 7 circles under the jurisdiction of North Bihar power Distribution Company, Patna. The accepted contract value is Rs 116.72 crore.

Ashoka Buildcons net profit rose 114.7% to Rs 42.70 crore on 17.2% rise in net sales to Rs 517.74 crore in Q3 December 2016 over Q3 December 2015.

Ashoka Buildcon is a leading highway concessionaire and engineering, procurement and construction (EPC) company.

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Board of SBEC Systems (India) to consider December quarter results
Jan 30,2017

SBEC Systems (India) announced the meeting of Board of Directors of the Company will be held on 10 February 2017, to consider & approve the Un-Audited Financial Results of the Company for the quarter ended 31 December 2016.

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Apple Credit Corporation to announce December quarter results
Jan 30,2017

Apple Credit Corporation announced that the Board of Directors will meet on 09 February 2017, to consider and approve the un-audited financial results of the Company for the quarter ended 31 December 2016.

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Board of Modi Udyog to consider Q3 and 9M results
Jan 30,2017

Modi Udyog announced that the Meeting of the Board of Directors of the company is schedule to be held on 13 February 2017, inter alia, to discuss the following matters:

To consider, approve and take record of Unaudited Financial Results for the quarter and nine months ended 31 December 2016.

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