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Global Offshore Services receives revision in credit ratings
Feb 08,2017

Global Offshore Services has received revision in credit ratings from Credit Analysis & Research as under -

Term loans - CARE D

Fund based limits - CARE D

Long term/ short term non fund based based limits - CARE D/ CARE D

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Tata Consultancy Services receives 2016 IoT Evolution Connected Home and Building Award
Feb 08,2017

Tata Consultancy Services announced that its Remote Energy Management Solution has received the 2016 IoT Evolution Connected Home and Building Award from IoT Evolution magazine, a leading magazine covering IoT technologies. TCS is the only global IT services organisation to win the Connected Building category Award.

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Insecticides India secures patent for process of preparation of -METHYL-N-NlTROIMINOPERHYDRO-1,3,5-OXADIAZINE
Feb 08,2017

Insecticides India has got the patent regarding Process for preparation of 3-METHYL-N-NlTROIMINOPERHYDRO-1,3,5-OXADIAZINEn++ for the term of 20 years with effect from 04 March 2011.

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Board of NTPC declares interim dividend
Feb 08,2017

NTPC announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, has decided, to pay interim dividend at the rate of 26.10% (Rs. 2.61 per share) on the face value of paid-up equity shares of Rs. 10/- each for the financial year 2016-17.

The date of payment / dispatch of dividend shall be 22 February 2017.

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IDBI Bank announces appointment of director
Feb 08,2017

IDBI Bank announced that Govt. of India, Ministry of Finance, Department of Financial Services has, vide their Notification dated 07 February 2017, appointed Praveen Garg, Joint Secretary, Department of Economic Affairs, Ministry of Finance, Govt. of India as Government Nominee Director on the Board of IDBI Bank in terms of Article 116(1)(c) of the Articles of Association w.e.f. 07 February 2017 and until further orders. Praveen Garg is not related to any other Director on the Board of the Bank.

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Shreyas Shipping & Logistics signs MoU for acquisition of a container vessel
Feb 08,2017

Shreyas Shipping & Logistics has signed a Memorandum of Understanding (MOU) for acquisition of one container vessel of 2500 teus. The delivery of the vessel is expected towards end of February, 2017.

With this acquisition, the Company will own a fleet of 10 vessels. The new vessel shall be deployed on the Indian coast.

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Board of Gateway Distriparks appoints Joint Managing Director
Feb 08,2017

Gateway Distriparks announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, Ishaan Gupta, Director has been appointed as Joint Managing Director of the Company for a period of five years with effect from 08 February 2017, subject to the approval of the shareholders of the Company.

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Power Grid Corporation of India announces change in directorate
Feb 08,2017

Power Grid Corporation of India announced that Prabhakar Singh, Executive Director, POWERGRID has assumed the charge of Director (Projects), POWERGRID on 08 February 2017, in terms of GOI order dt. 07 February 2017 for a period of five years with effect from the date of his assumption of charge of the post on or till date of his superannuation, or until further orders, whichever is the earliest.

Further, R. P. Sasmal, Director (Operations) demitted the additional charge of Director (Projects) in terms of GOI order dt. 05 December 2016.

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Board of Bharat Forge declares interim dividend
Feb 08,2017

Bharat Forge announced that the Board of Directors, at its meeting held on 08 February 2017 has declared an interim dividend Rs. 2.50 per equity share of Rs. 2/- each (125%).

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Esaar (India) appoints compliance officer
Feb 08,2017

Esaar (India) announced that Nitesh Balaram Pandirkar, Whole Time Director of the Company has been appointed as the compliance officer of the Company.

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Brahmaputra Infrastructure announces resignation of director
Feb 08,2017

Brahmaputra Infrastructure that the Company receive a resignation letter of N.N.Batabyal from the Post of Independent director and from all the Committees of the Company.

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Havells India forays into personal grooming segment
Feb 08,2017

Havells India announced its foray into personal grooming segment with the launch of array of high quality personal care product like Electric Shavers, Beard Trimmers, Grooming kit n++] Precision nose and ear Trimmer, Hair Straighteners & Dryers, Bikini Trimmer. The company also, for the first time n the country, launched baby hair clippers. These exclusively designed products will be available in the price range of Rs 1000n++] Rs 7200.

The products would initially be available in all major cities of the country and over 400 exclusive Havells Galaxies where consumers can touch and feel products. The entire range would be available across the country by end of March, 2017. Apart from this, the company would be selling products through online en++]commerce platforms.

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Tata Elxsi partners with M-Star Semiconductor Inc.
Feb 08,2017

Tata Elxsi announced a global partnership with M-Star Semiconductor Inc., a leading global semiconductor company for display and digital home solutions, to provide a comprehensive suite of software for MStarsSystem-on-a-Chip (SoC) targeted at Set-Top Boxes (STB).

This partnership brings together industry leading MStar STB chipset solutions with Tata Elxsis solutions and professional services. Communication service providers, MSOs and OEMs are expected to gain from the partnership. As part of this partnership, Tata Elxsis n++RDK Primen++ suite is made available on MStar STB chipset products. The suite is optimized to exploit the functionality for next-generation application demands from end consumers.

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Jamna Auto Industries director resigns
Feb 08,2017

Jamna Auto Industries announced that C. K. Vohra has resigned from the Board of Directors of the Company. The Board of Directors vide resolution passed by circulation dated 07 February 2017 has accepted his resignation.

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Lords Chloro Alkali to hold board meeting
Feb 08,2017

Lords Chloro Alkali will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consideration, approval and publication of Un-audited Quarterly Financial Results for the quarter/period ended on 31 December 2016.

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