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Blue Blends (India) allots 11,83,800 equity shares
Jan 16,2017

Blue Blends (India) has issued and allotted 11,83,800 Equity shares of Rs. 10/- each for cash at a price of Rs. 72/- each (including premium of Rs. 12/- each) through preferential issue as approved by the shareholders in the Extra Ordinary General Meeting held on 13 February 2016.

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Australia Market climbs as miners rally
Jan 16,2017

Australian share market closed higher on Monday, 16 January 2017, boosted by materials and resources stocks, thanks to rise in iron ore and base metal prices. At the closing bell, the benchmark S&P/ASX 200 index inclined 27.30 points, or 0.48%, to 5748.40, while the broader All Ordinaries index added 26.20 points, or 0.45%, to close at 5803.

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FPIs step-up selling
Jan 16,2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 103.30 crore into the secondary equity markets on 13 January 2017, higher than their net outflow of Rs 2.98 crore during the preceding trading session on 12 January 2017. The net outflow of Rs 103.30 crore on 13 January 2017 was a result of gross purchases of Rs 3237.72 crore and gross sales of Rs 3341.02 crore. On that day, the Sensex fell 9.10 points or 0.03% to settle at 27,238.06, its lowest closing level since 11 January 2017.

There was a net inflow of Rs 0.20 crore into the category primary market & others on 13 January 2017, which was a result of gross purchases of Rs 0.20 crore and nil gross sales.

FPIs have sold stocks worth a net Rs 3744.81 crore in January 2017 so far (till 13 January 2017). They had sold stocks worth a net Rs 8960.36 crore into the secondary equity markets in December 2016. FPIs had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There has been a net outflow of Rs 167 crore from FPIs from the category primary market & others in January 2017 so far (till 13 January 2017). There was a net inflow of Rs 784.07 crore from FPIs into the category primary market & others in December 2016. The net inflow from FPIs into category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Bhel commissions 500 MW II unit of Sagardighi Thermal Power Station Phase II project
Jan 16,2017

Bharat Heavy Electrical has commissioned another 500 MW thermal unit in the State of West Bengal. The unit was the second 500 MW set to be commissioned at Sagardighi Thermal Power Station Phase II project in Musrshidabad district in West Bengal. The project is being set up by the state owned West Bengal Power Development Corporation.

The first unit of the 1000 MW project was commissioned earlier by Bhel in December 2015.

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Board of Aayush Food And Herbs to consider resignation of directors
Jan 16,2017

Aayush Food And Herbs has received letters of resignation effective from 24 January 2017 from the Directors of the Company, namely- Ashish Mittal - Managing Director, Sunil Mittal - Director and Neena Mittal - Director due to their pre-occupations.

In this regard, the Board shall conduct a meeting on 24 January 2017 to consider and take note of the same.

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Suzlon Energy achieves 10,000 MW installed wind energy milestone
Jan 16,2017

Suzlon Energy achieved the 10,000 MW cumulative wind energy installation in India. Suzlons 10,000 MW of wind installations is capable of powering over 5 million households per annum and offset 21.5 million tonnes of carbon dioxide emission annually which is equivalent to planting over 1500 million trees.

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Kashyap Tele-Medicines intimates of cancellation of registration as Non-Banking Financial Institution
Jan 16,2017

Kashyap Tele-Medicines announced that RBI vide its letter Dated: 26 December 2016 has cancelled Certificate of Registration to carry on the business of Non-Banking Financial Institution.

In this matter, Company in its Annual General Meeting held on 25 September 1999 altered its object clause and discontinue its business in leasing and financing and same was intimated to RBI for revocation of Certificate. Presently the Company is engaged under the business segment of Information Technology and its solution, 100% of income is generated from same segment.

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Hil commences commercial production at its new Dry Mix manufacturing facility
Jan 16,2017

Hil announced that the Company on 14 January 2017 has commenced the commercial production at its newly established Dry Mix manufacturing facility at Jhajjar, Haryana with an installed capacity of 72,000 MT (i.e 44,000 MT of Wall Putty and 28,000 MT of Cement Based Grey Mortar) per annum.

The above products will be marketed under its Brand name Aerocon, which is one of the most trusted name for building products in the Country. The Companys Jhajjar Dry Mix Plant shall cater to the growing market in Haryana and other states of the Country.

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Quadrant Televentures decides to close its GSM Business operations
Jan 16,2017

Quadrant Televentures has decided to close its GSM Business Operations with effect from 15 February 2017. As per the requirements of Unified Access Services License granted by the Department of Telecommunications, the Company has served on 16 January 2017 a prior intimation/ notice of 30 days through SMS to its existing GSM Customers, regarding closure/ discontinuation of GSM Services of the Company with effect from 15 February 2017.

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Knitworth Exports appoints director
Jan 16,2017

Knitworth Exports has appointed Deepa Hakani as Additional Director of the Company with effect from 14 January 2017.

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Delta Corp to commence Casino operations in Gangtok, Sikkim
Jan 16,2017

Delta Corp on 16 January 2017 has been issued a licence for operations of a Casino in Gangtok, Sikkim, under the Sikkim Casino (Control &Tax) Act, 2002.

The Company is fully ready to commence its Casino operations and will do so immediately.

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APL Apollo Tubes completes acquisition of Blue Ocean Projects
Jan 16,2017

APL Apollo Tubes has completed the acquisition of Blue Ocean Projects by acquiring all the shares (100%) of Blue Ocean Projects on 14 January 2017 and consequently, Blue Ocean Projects has now become a wholly owned subsidiary of the Company w.e.f 14 January 2017.

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Hil reports standalone net profit of Rs 8.06 crore in the December 2016 quarter
Jan 16,2017

Net profit of Hil reported to Rs 8.06 crore in the quarter ended December 2016 as against net loss of Rs 3.89 crore during the previous quarter ended December 2015. Sales declined 7.44% to Rs 198.59 crore in the quarter ended December 2016 as against Rs 214.55 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales198.59214.55 -7 OPM %5.422.91 - PBDT21.764.60 373 PBT11.67-5.32 LP NP8.06-3.89 LP

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Network 18 Media & Investments reports consolidated net loss of Rs 79.79 crore in the December 2016 quarter
Jan 16,2017

Net loss of Network 18 Media & Investments reported to Rs 79.79 crore in the quarter ended December 2016 as against net profit of Rs 50.37 crore during the previous quarter ended December 2015. Sales declined 7.24% to Rs 371.94 crore in the quarter ended December 2016 as against Rs 400.98 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales371.94400.98 -7 OPM %-2.439.17 - PBDT-53.4565.51 PL PBT-76.8150.60 PL NP-79.7950.37 PL

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Dewan Housing Finance Corporation standalone net profit rises 31.66% in the December 2016 quarter
Jan 16,2017

Net profit of Dewan Housing Finance Corporation rose 31.66% to Rs 244.77 crore in the quarter ended December 2016 as against Rs 185.91 crore during the previous quarter ended December 2015. Sales rose 25.53% to Rs 2365.51 crore in the quarter ended December 2016 as against Rs 1884.37 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2365.511884.37 26 OPM %92.0590.54 - PBDT378.42287.29 32 PBT371.71280.46 33 NP244.77185.91 32

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