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Board of ICRA to consider Q3 results
Jan 05,2017

ICRA announced that a meeting of the Board of Directors of the Company is scheduled to be held on 09 February 2017, inter alia, to consider and approve the unaudited Financial Results (Standalone & Consolidated) of the Company for the Quarter and Nine Months ended 31 December 2016 (Q3).

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Sun Pharma may gain after successful clinical trial of ophthalmic solution
Jan 05,2017

Sun Pharmaceutical Industries announced successful phase 3 confirmatory clinical trial results for Seciera (cyclosporine A, 0.09% ophthalmic solution), for the treatment of dry eye disease. Seciera is a patented, novel, proprietary nanomicellar formulation of cyclosporine A 0.09%.

It is a clear, preservative-free, aqueous solution. Seciera is being developed by Ocular Technologies, a company recently acquired by Sun Pharma. Following this acquisition, Sun Pharma owns exclusive, worldwide rights to Secier and is developing it to commercialize for global markets including US, Europe, and Japan, as well as several emerging markets. The announcement was made after market hours yesterday, 4 January 2017.

Canara Bank announced fixation of the marginal cost of funds based lending rate for all rupee loans and credit limits renewed. The MCLR for overnight loans was fixed at 8.2%. The rate for one month was fixed at 8.25% and for three months was fixed at 8.3%. The MCLR on 6-month loans is 8.4% and for one-year loan is 8.45%, the bank said. The announcement was made after market hours yesterday, 4 January 2017.

LT Foods said that the board of directors of the company has fixed 8 February 2017 as the record date for 10-for-1 stock split. The announcement was made after market hours yesterday, 4 January 2017.

Petron Engineering Construction said that the company has received letter of intent from Shree Cement, for civil work of plant building and silos and miscellaneous work at their Orissa grinding project at village : Chandrabali, Orissa for contract value of Rs 33 crore (approximately). The announcement was made after market hours yesterday, 4 January 2017.

Pratibha Industries announced that a meeting of the board of directors of the company shall be held on 7 January 2017, to consider and approve, the issue and allotment of shares on preferential basis to the lenders of the company, who have not subscribed the shares till 4 January 2017 under strategic debt restructuring (SDR) scheme. The announcement was made before market hours today, 5 January 2017.

Quick Heal Technologies announced that company has capitalized for incorporation of wholly owned subsidiary namely Seqrite Technologies DMCC, as a free zone company under the rules & regulations of DMCA. The announcement was made after market hours yesterday, 4 January 2017.

Dena Bank announced that a meeting of the board of directors of the bank will be held on 7 January 2017 to consider capital planning for FY 2016-17 i.e. raising of capital through equities and/or bonds. The announcement was made after market hours yesterday, 4 January 2017.

Tata Elxsi will be in focus. Irdeto, the world leader in digital platform security, announced a partnership with Tata Elxsi, a key global player in the automotive ecosystem, to provide automakers with secure in-car display systems for automobiles. The announcement was made after market hours yesterday, 4 January 2017.

Irdeto has combined its Cloakware for automotive by Irdeto security solution with Tata Elxsis design and engineering expertise to offer secure, best-in-class user interface solutions and connected cockpit solutions to automotive clients around the world.

IP Rings announced that the board of directors at a meeting held on 4 January 2017, decided rights entitlement ratio of 4:5 and offer price of Rs 88.75 per share for the proposed rights issue. The announcement was made after market hours yesterday, 4 January 2017.

Bartronics India announced that meeting of the board of directors of the company is scheduled to be held on 11 January 2017, to consider making investments and to transfer the financial inclusion (FI) division to a wholly owned subsidiary of the company subject to approvals of members along with any other business/matters as may be permitted by the Chairman. The announcement was made after market hours yesterday, 4 January 2017.

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L T Foods fixes record date for sub-division of equity shares
Jan 04,2017

L T Foods announced that the Committee of Board of Directors at its meeting held on 04 January 2017 has fixed 08 February 2017 as Record date for the purpose of sub division of One Equity share with face value of Rs.10/- each to Ten Equity shares with face value of Rs. 1/- each.

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Tribhovandas Bhimji Zaveri wins Best Ring Design award
Jan 04,2017

Tribhovandas Bhimji Zaveri has won the Best Ring Design over Rs 2.5 lakh Award at the JJS-IJ Jewellers Choice Design Awards 2016. TBZ-The Original emerged a winner from over 600 entries in 22 product categories.

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Petron Engineering Construction receives LoI from Shree Cement
Jan 04,2017

Petron Engineering Construction announced that the Company has received Letter of Intent from Shree Cement, for Civil Work of Plant Building & Silos and Misc. work at their Orissa Grinding Project at Village : Chandrabali, Shyampur Distt., Cuttack, Orissa for Contract Value of Rs. 33 crores (approximately).

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Prime Securities consolidated net profit rises 87.79% in the December 2016 quarter
Jan 04,2017

Net profit of Prime Securities rose 87.79% to Rs 6.46 crore in the quarter ended December 2016 as against Rs 3.44 crore during the previous quarter ended December 2015. Sales rose 76.60% to Rs 3.32 crore in the quarter ended December 2016 as against Rs 1.88 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.321.88 77 OPM %81.9317.55 - PBDT8.184.45 84 PBT8.154.31 89 NP6.463.44 88

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Som Distilleries & Breweries provides update on new brewery in Karnataka
Jan 04,2017

Som Distilleries & Breweries announced that the Company is promoting a brewery in Karnataka in the name of Woodpecker Distilleries and Breweries Private Limited and the establishment and construction of Brewery plant at Karnataka is on schedule. The company has already availed required Licenses, permission and approvals from Statutory departments and shall be starting its production in the month of June / July 2017 approximately.

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Canara Bank revises MCLR rates
Jan 04,2017

Canara Bank has revised the Marginal Cost of Funds Based Lending Rate (MCLR) for the month of January 2017.

Overnight - 8.20%
One month - 8.25%
Three month - 8.30%
Six month - 8.40%
One year - 8.45%.

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Board of ISF to consider Q3 results and preferential issue of shares
Jan 04,2017

ISF announced that the meeting of Board of Directors of the Company is scheduled to be held on 11 January 2017 inter alia, to consider and approve:

i. the Unaudited Financial Results of the Company for the 3rd quarter ended on 31 December 2016.

ii. to consider the issue of shares on Preferential Basis.

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Government issues notification of Indian Skill Development Service
Jan 04,2017

The Ministry of Skill Development and Entrepreneurship (MSDE) has issued the notification of setting up of Indian Skill Development Services (ISDS). This service has been created for the Training Directorate of the Ministry of Skill Development and Entrepreneurship.

The purpose of instituting a formal service in Group A category was initiated almost two years back when the Ministry was formed and the union cabinet approved its creation on October 7, 2015. With notification of this service the skill ecosystem is expected to get strengthened and modernised in line with the current scientific and industrial development in the country.

ISDS will be a Group A service where induction will take place through Indian Engineering Service Examination conducted by UPSC. It is an attempt to attract young and talented administrators for Skill Development. The knowledge acquired by the engineers recruited will give new impetus to the initiative of the government to the skill development and also efficient and effective implementation of the schemes. In years to come the ministry will be able to create a workforce of trained skill administrators who will enable us to achieve the goal of increased skilled youths. Administered training is paramount to face big challenge of skilling Indians. Under the leadership of Prime Minister skill development has taken a priority with a hope that Skill India mission will supply huge human resource not only in India but also Internationally. This is a step forward to meet the target of skilling 500 million people by 2022.

The Training Directorate is involved in implementation of various schemes like Craftsmen Training Scheme (CTS) covering 126 trades, Apprenticeship Training Scheme (ATS) covering 259 trades and Skill Development Initiative Scheme (SDIS) for the Modular Employable Skill (MES) covering 578 modules. The Training Directorate also conducts examinations and awards certificates under National Council of Vocational Training (NCVT), they also organise advance skill training supervisory training staff training through its various field institutes spread across country.

The Indian Skill Development Service (ISDS) will have 263 all India posts. The cadre shall comprise of 3 posts at Senior Administrative Grade, 28 posts at Junior Administrative Grade, 120 posts at Senior Time Scale and 112 posts at Junior Time Scale. The Academy for training of the cadre will be National Institute of Skill Development.

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Infosys to announces Q3 results
Jan 04,2017

Infosys will announce the results for its third quarter ended 31 December 2016 on 13 January 2017 around 9.00 am Indian Standard Time. The result will also be available on www.infosys.com.

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Infosys to announce Q3 results
Jan 04,2017

Infosys will announce the results for its third quarter ended 31 December 2016 on 13 January 2017 around 9.00 am Indian Standard Time. The result will also be available on www.infosys.com.

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Board of IP Rings decides entitlement ratio & offer price for proposed rights issue
Jan 04,2017

IP Rings announced that the Board of Directors have taken decision on the following, at their Meeting held on 04 January 2017, in connection with the proposed Rights Issue:

Rights Entitlement Ratio = 4 (Four) Rights Equity Shares for every 5 (Five) Equity Shares held on the Record date

Offer Price: Rs. 88.75 (FV Rs. 10/- per Share + Premium Rs. 78.75 per Share).

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Board of Thirani Projects to consider December quarter results
Jan 04,2017

Thirani Projects announced that a meeting of the Board of Directors of the Company is schedule to be held on 30 January 2017, inter alia, to consider approve and take on record the Un-audited Standalone Financial Results for the quarter ended 31 December 2016.

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Lupin grants stock options
Jan 04,2017

Lupin has granted 656140 options on 03 January 2017 under various ESOPs.

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