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Kitex Garments wins FE CFO of the Year Award 2017
Mar 27,2017

Kitex Garments has received the FE CFO of the Year Award 2017 in manufacturing category in the medium enterprise segment for the year 2017 instituted by The Financial Express.

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NTPC commissions 55 MW of Bhadla Solar Power Project
Mar 27,2017

NTPC announced the commissioning of 55 MW of Bhadla Solar Power Project. With this, the installed capacity of Bhadla Solar Power project has become 260 MW and that of NTPCs solar power projects has become 620 MW. The total installed capacity of NTPC on standalone basis has become 43032 MW and that of NTPC group has become 49998 MW.

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Board of Coal India recommends dividend
Mar 27,2017

Coal India announced that the Board of Directors of the Company at its meeting held on 26 March 2017, inter alia, have recommended the dividend of Rs 1.15 per equity Share (i.e. 11.5%) , subject to the approval of the shareholders.

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Oberoi Realty allots 20,037 equity shares
Mar 27,2017

Oberoi Realty announced that the Directors of the Company vide a resolution passed by circulation on 24 March 2017 have allotted 20,037 equity shares of Rs. 10 each to certain option grantees pursuant to exercise by them of the options granted to them under the Companys Employee Stock Option Scheme 2009. The exercise price for the said options is Rs. 260 per share. Post the aforesaid allotment the equity share capital of the Company stands increased to 33,95,35,426 equity shares of Rs. 10 each, aggregating to Rs. 3,39,53,54,260.

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Larsen & Toubro secures order worth Rs 705 crore
Mar 27,2017

Larsen & Toubro announced that the water and effluent treatment business segment of its construction arm has won an order worth Rs 705 crore from the Ministry of Water and Irrigation of the United Republic of Tanzania. The project will be executed by L&T in a joint venture with Shriram EPC.

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Motherson Sumi Systems acquires Finland based auto component major PKC Group Plc
Mar 27,2017

Motherson Sumi Systems announced that it has acquired Finland based global auto component major PKC Group Plc for approximately Euro 571 million. The acquisition will help the Company expand its footprint significantly in American and European commercial vehicle market segment.

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Godrej Properties enters into development agreement with Shivam Realty
Mar 27,2017

Godrej Properties has entered into a development management agreement with Shivam Realty to develop a residential group housing project off the Akurli cross road at Hanuman Nagar, Kandivali East, Mumbai. Spread over 5 acres, the project will offer approximately 93,000 square meter (1 million sq. ft.) of saleable area and will be developed as a modern residential development comprising of apartments of various configurations.

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Shares of Sarthak Metals get listed
Mar 27,2017

The equity shares of Sarthak Metals (Scrip Code: 540393) are listed effective 27 March 2017 and admitted to dealings on the Exchange in the list of M Group Securities.

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Shares of Jash Dealmark get listed
Mar 27,2017

The equity shares of Jash Dealmark (Scrip Code: 540394) are listed effective 27 March 2017 and admitted to dealings on the Exchange in the list of MT Group Securities.

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Outcome of board meeting of Orient Press
Mar 25,2017

Orient Press announced that in the meeting of the Board of Directors of the Company held on 24 March 2017 the board of directors has considered and approved the following items along with other agenda items:-

1. The Board has approved the appointment of M/s Bhanwarlal Gurjar & Co., CMA, Surat, as Cost Auditors of the Company to conduct Cost Audit relating to Cost records of the Company for the financial year ending 31 March 2017.

2. The Board has approved reduction in Interest rate from 11.00% to 10.00% p.a. on new Fixed Deposit to be accepted from Members w.e.f. 01 April 2017.

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Solar Industries India issued Commercial Paper aggregating Rs 25 crore
Mar 25,2017

Solar Industries India has issued Commercial Paper for an aggregate amount of Rs 25 crore on 24 March 2017 in favour of ICICI Bank, having maturity of 21 June 2017.

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Bajaj Corp wins CFO of the Year Award
Mar 25,2017

Bajaj Corp announced that the Company has received fe CFO of the Year Award in the category of Medium Enterprises Manufacturing Company in recognition of the Companys robust financial control at an event organised by The Financial Express.

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Shares of Urja Global get listed on NSE
Mar 25,2017

Urja Global has received approval of listing of equity shares of the Company on the National Stock Exchange with effect from 28 March 2017.

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Infibeam Incorporation allots 4818 equity shares
Mar 24,2017

Infibeam Incorporation has allotted 4818 equity shares under ESOS. Post the allotment, the paid up equity share capital has increased to 5,34,57,557 equity shares of Rs 10 each.

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Speciality Restaurants gets reaffirmation in ratings for line of credit
Mar 24,2017

Speciality Restaurants announced that ICRA has reaffirmed the long term rating of ICRA A+ and short term rating of ICRA A1 rating assigned to Rs 100 crore line of credit of the Company. The outlook on the long term rating has been revised to Negative from Stable.

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