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ST Services to hold AGM
Sep 30,2016

ST Services announced that the th Annual General Meeting(AGM) of the company on 29 September 2016.

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Facor Steels to hold AGM
Sep 30,2016

Facor Steels announced that the 13th Annual General Meeting(AGM) of the company on 23 September 2016.

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Tirupati Foam to hold AGM
Sep 30,2016

Tirupati Foam announced that the 29th Annual General Meeting(AGM) of the company on 30 September 2016.

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Vinaditya Trading Company to hold AGM
Sep 30,2016

Vinaditya Trading Company announced that the 35th Annual General Meeting(AGM) of the company on 28 September 2016.

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Porwal Auto Components to hold AGM
Sep 30,2016

Porwal Auto Components announced that the 24th Annual General Meeting(AGM) of the company on 28 September 2016.

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Tata Sponge Iron to hold board meeting
Sep 30,2016

Tata Sponge Iron will hold a meeting of the Board of Directors of the Company on 21 October 2016 to consider and approve the audited financial results for the quarter and half year ending September 30, 2016.

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Western India Shipyard to hold board meeting
Sep 30,2016

Western India Shipyard will hold a meeting of the Board of Directors of the Company on 30 September 2016 to consider and take on record the unaudited Financial Results for the quarter ended June 30, 2016 and the audited financial statements for the year ended March 31, 2016.

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DS Kulkarni Developers to hold AGM
Sep 30,2016

DS Kulkarni Developers announced that the 25th Annual General Meeting(AGM) of the company on 29 September 2016.

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Olympic Oil Industries to hold board meeting
Sep 30,2016

Olympic Oil Industries will hold a meeting of the Board of Directors of the Company on 28 September 2016.

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Fredun Pharmaceuticals to hold board meeting
Sep 30,2016

Fredun Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 7 October 2016 to consider obtaining on lease premises for office use.

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Cipla slips after USFDA issues observations to Goa units
Sep 30,2016

The announcement was made during trading hours today, 30 September 2016.

Meanwhile, the BSE Sensex was down 24.41 points, or 0.09%, to 27,803.12.

The counter witnessed high volumes. On BSE, so far 7.67 lakh shares were traded in the counter, compared with average daily volume of 1.88 lakh shares in the past one quarter. The stock hit a high of Rs 605 and a low of Rs 562.05 so far during the day. The stock hit a 52-week high of Rs 704.75 on 29 October 2015. The stock 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 29 September 2016, rising 4.94% compared with 2.20% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 18.31% as against Sensexs 2.51% rise.

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

Cipla said that United States Food and Drug Administration (USFDA) recently concluded audit of the companys three manufacturing facilities at Goa and issued 4 observations across these three facilities. These observations were primarily procedural in nature and the company has already responded to these observations. Cipla said it continues to operate its facilities with a high level of compliance and control.

On a consolidated basis, Cipla reported 43.74% fall in net profit to Rs 365.24 crore on 6.94% fall in net sales to Rs 3499.81 crore in Q1 June 2016 over Q1 June 2015.

Cipla is a global pharmaceutical company.

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One lakh villages will become ODF on 2nd October, 2016-Tomar
Sep 30,2016

The Union Minister for Rural Development, Drinking Water & Sanitation and Panchayati Raj Shri Narendra Singh Tomar said that by 2nd October, this year, one lakh villages will become Open Defecation Free, ODF and 40 Districts will achieve the status of ODF Districts in this financial Year. He said, to accelerate the efforts to achieve universal sanitation coverage and to put focus on sanitation, the Prime Minister had launched the Swachh Bharat Mission on 2nd October, 2014, after his historic address from the ramparts of the Red Fort on 15th August, 2014.

Shri Tomar said that the Central Government, State Governments, Municipal bodies, Panchayati Raj Institutions, NGOs, Spiritual and Religious leaders, Public Representatives, Educational Institutions and famous personalities from all walks of life have joined hands together to make India, a Clean India by 2nd October, 2019, the 50th Birth Anniversary of Mahatma Gandhi, as announced by the Prime Minister. Shri Tomar stressed that Swachh Bharat Mission is not a government programme, but its a peoples movement and there is need for behavioural change among the people as merely toilet construction will not be sufficient to achieve the ODF status.

Shri Tomar informed that the Ministry of Drinking Water and Sanitation is compiling the best practices from villages across the country and will bring it to the notice of the common man to emulate the same. The Minister expressed confidence that after Prime Ministers address at the INDOSAN, the Swachh Mission will gain new momentum.

At present 87, 666 villages are ODF, apart from 1,544 villages in Namami Gange areas. This needs to be underlined that the sanitation coverage was 42.12 percent on 2nd October, 2014, when the programme was launched, which has now increased to 55.31 percent, while 24 Districts have been declared as ODF ones. Sikkim is the only State which has achieved the ODF status, and Kerala, Haryana, Gujrat and Maharashtra will soon achieve the ODF status.

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MIRC Electronics executes agreement with Workers Union
Sep 30,2016

MIRC Electronics announced that for the purpose of cost optimization and effective utilization of resources, the Company has executed an agreement dated 13 September 2016 with the Union of workers in the factory of the Company situated at Wada, Village Kudus, Bhiwandi Wada Road, District: Palghar.

Pursuant to the said agreement, 166 permanent workers of the Company have voluntarily resigned from the Company and compensation as per the aforesaid agreement has been paid to them by the Company.

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Pincon Spirit signs MoU for taking over Bacchus Enterprises
Sep 30,2016

Pincon Spirit has signed a Memorandum of Understanding for taking over Bacchus Enterprises based in Ludhiana engaged in the business of Indian Made Indian Liquor (IMIL) (County Spirit) and Indian Made Foreign Liquor (IMFL).

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Firstsource Solutions gains after subsidiary repays debt
Sep 30,2016

The announcement was made during trading hours today, 30 September 2016.

Meanwhile, the BSE Sensex was down 80.64 points, or 0.29%, to 27,746.89.

On BSE, so far 2.35 lakh shares were traded in the counter, compared with average daily volume of 6.70 lakh shares in the past one quarter. The stock hit a high of Rs 41 and a low of Rs 39 so far during the day. The stock hit a 52-week high of Rs 53.65 on 26 July 2016. The stock hit a 52-week low of Rs 26.30 on 1 October 2015. The stock had underperformed the market over the past 30 days till 29 September 2016, falling 10.84% compared with 2.20% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 16.29% as against Sensexs 2.51% rise.

The small-cap company has equity capital of Rs 675.65 crore. Face value per share is Rs 10.

Firstsource Solutions said that Firstsource Group USA, Inc, a wholly-owned subsidiary of the company, has successfully made its sixth quarterly repayment of $11.25 million on its outstanding debt on 30 September 2016.

With this, the companys subsidiary repaid $67.50 million of debt so far since 30 June 2015.

On 27 May 2015, the company announced that it was successful in refinancing the long term and short term loans of its subsidiaries on better commercial terms maintaining the same repayment schedule for the balance principal outstanding on the long term loans.

On a consolidated basis, Firstsource Solutions net profit fell 3.73% to Rs 73.36 crore on 2.67% increase in net sales to Rs 875.25 crore in Q1 June 2016 over Q4 March 2016.

Firstsource Solutions is a global provider of customised BPM (Business Process Management). It operates in India, the Philippines, Sri Lanka, the UK and the US.

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