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Board of Asian Hotels (East) to consider Q2 and HY results
Nov 28,2016

Asian Hotels (East) announced that a meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and approve the unaudited standalone financial results for quarter (Q2) and half year (H1) ended on 30 September 2016.

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Board of Asian Hotels (East) to consider Q2 and HY results
Nov 28,2016

Asian Hotels (East) announced that a meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and approve the unaudited standalone financial results for quarter (Q2) and half year (H1) ended on 30 September 2016.

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The global economy has the prospect of modestly higher growth
Nov 28,2016

n++The global economy has the prospect of modestly higher growth, after five years of disappointingly weak outcomes,n++ OECD Secretary-General Angel Gurrn++a said while launching the Global Economic Outlook. n++In light of the current context of low interest rates, policymakers have a unique window of opportunity to make more active use of fiscal levers to boost growth and reduce inequality without compromising debt levels. We urge them to do so,n++ Mr Gurrn++a said.

The Outlook projects that well targeted public spending initiatives could catalyse private economic activity and help to get the global economy out of the low-growth trap. The ongoing or projected shift in the fiscal stance in a number of major economies accounts for much of the modest increase in global growth to 3.3% in 2017 and 3.6% in 2018.

Among the major advanced economies, activity is expected to accelerate in the United States, due to an assumed easing of fiscal policy, with the economy projected to grow by 2.3% in 2017 and 3% in 2018. The euro area will grow at a 1.6% rate in 2017 and by 1.7% in 2018. In Japan, growth is projected at 1% in 2017 and 0.8% in 2018. The 35-country OECD area is projected to grow by 2% in 2017 and 2.3% in 2018, according to the Outlook.

With rebalancing continuing in China, growth is expected to continue drifting lower, to 6.4% in 2017 and 6.1% in 2018. Indias growth rates are expected to hover above 7.5% over the 2017-18 period, but many emerging market economies will continue to grow at a more sluggish pace. The deep recession in Brazil is expected to end in 2017, after which the economy will grow at a 1.2% rate in 2018.

The Outlook draws attention to conditions that create a n++window of opportunityn++ for new fiscal initiatives, as extraordinarily accommodative monetary policy has led to very low interest rates and created fiscal space. A targeted annual increase in public spending of n++ percent of GDP could be financed for several years in most countries without increasing the debt-to-GDP ratio in the medium term. Combining this initiative with structural reforms, and acting collectively across countries, would boost the impact, according to the Outlook.

n++This is not a blank cheque for governments,n++ Mr Gurrn++a said. n++The OECD is calling for fiscal policy to be used more wisely, with spending targeted at areas that boost growth, like high-quality infrastructure investment, innovation, education and skills, which also make growth more inclusive.n++

The Outlook identifies a number of financial risks where exchange rate and capital flow volatility coupled with pricing distortions are exposing the vulnerability of corporate balance sheets, particularly in emerging markets, and challenging bank profitability and the long-term stability of pension schemes in advanced economies.

An increase in protectionism could risk impairing already weak growth in global trade.

n++Protectionism and the inevitable trade retaliation would offset much of the positive effects of proposed fiscal initiatives on domestic and global growth,n++ said OECD Chief Economist Catherine L. Mann. n++It would also likely raise prices, harm living standards and leave countries in a worsened fiscal position. Trade protectionism may shelter some jobs, but it will worsen prospects and lower well-being for many others.n++

The Outlook calls on governments to avoid protectionist policies and encourages them instead to implement structural policy packages that create more job opportunities, increase business dynamism and promote successful reallocation, ensuring that the gains from trade are better shared by all.

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Board of Trilogic Digital Media approves appointment of directors
Nov 28,2016

The Board of Trilogic Digital Media has approved the appointment of Aparna Shah as Additional Executive Director with effect from 28 November 2016. The Board also approved the appointment of Shivani Jaisingh as Additional Executive Director with effect from 28 November 2016.

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Board of Trilogic Digital Media approves appointment of directors
Nov 28,2016

The Board of Trilogic Digital Media has approved the appointment of Aparna Shah as Additional Executive Director with effect from 28 November 2016. The Board also approved the appointment of Shivani Jaisingh as Additional Executive Director with effect from 28 November 2016.

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Board of Trilogic Digital Media accepts resignation of director
Nov 28,2016

Trilogic Digital Media announced that Murad Khetani has resigned from the position of Director vide his resignation letter dated 28 November 2016.

The board of directors have accepted his resignation with effect from 28 November 2016.

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Board of Trilogic Digital Media accepts resignation of director
Nov 28,2016

Trilogic Digital Media announced that Murad Khetani has resigned from the position of Director vide his resignation letter dated 28 November 2016.

The board of directors have accepted his resignation with effect from 28 November 2016.

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Board of Claris Lifesciences to consider September quarter results
Nov 28,2016

Claris Lifesciences announced that pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company will be held on 08 December 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016 as per Ind-AS.

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Board of Claris Lifesciences to consider September quarter results
Nov 28,2016

Claris Lifesciences announced that pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company will be held on 08 December 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016 as per Ind-AS.

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Cipla appoints director
Nov 28,2016

Cipla announced that the Board of Directors of the Company through a circular resolution on 28 November 2016 has appointed Ireena Vittal as an Additional Director of the Company with effect from 01 December 2016 to hold office as an Independent Director of the Company.

Further, Vittal is not related to any Director of the Company.

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Board of Future Retail to consider September quarter and half year results
Nov 28,2016

Future Retail announced that a meeting of the Board of Directors of the Company is scheduled to be held on 06 December 2016, inter alia, to consider and approve the Unaudited Financial Results for the quarter and half year ended 30 September 2016.

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Board of Future Retail to consider September quarter and half year results
Nov 28,2016

Future Retail announced that a meeting of the Board of Directors of the Company is scheduled to be held on 06 December 2016, inter alia, to consider and approve the Unaudited Financial Results for the quarter and half year ended 30 September 2016.

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BS reports standalone net loss of Rs 64.44 crore in the September 2016 quarter
Nov 28,2016

Net loss of BS reported to Rs 64.44 crore in the quarter ended September 2016 as against net profit of Rs 16.18 crore during the previous quarter ended September 2015. Sales declined 62.76% to Rs 225.73 crore in the quarter ended September 2016 as against Rs 606.18 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales225.73606.18 -63 OPM %-1.9413.27 - PBDT-51.5340.60 PL PBT-64.4424.47 PL NP-64.4416.18 PL

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Triveni Engineering and Industries standalone net profit rises 119.37% in the September 2016 quarter
Nov 28,2016

Net profit of Triveni Engineering and Industries rose 119.37% to Rs 64.67 crore in the quarter ended September 2016 as against Rs 29.48 crore during the previous quarter ended September 2015. Sales rose 48.88% to Rs 639.51 crore in the quarter ended September 2016 as against Rs 429.55 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales639.51429.55 49 OPM %19.2113.50 - PBDT100.0835.38 183 PBT86.3221.32 305 NP64.6729.48 119

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Timken India standalone net profit rises 41.12% in the September 2016 quarter
Nov 28,2016

Net profit of Timken India rose 41.12% to Rs 29.86 crore in the quarter ended September 2016 as against Rs 21.16 crore during the previous quarter ended September 2015. Sales rose 7.70% to Rs 278.57 crore in the quarter ended September 2016 as against Rs 258.66 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales278.57258.66 8 OPM %17.0713.75 - PBDT49.0837.34 31 PBT42.1032.01 32 NP29.8621.16 41

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