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Trimurthi to hold board meeting
Oct 28,2016

Trimurthi will hold a meeting of the Board of Directors of the Company on 5 November 2016 to consider and approve the Un-audited Quarterly results of the Company for the quarter ended September 30, 2016.

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Platinum and diamond jewellery preferred choice this Diwali, Dhanteras: ASSOCHAM Survey
Oct 28,2016

Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mind set of women, particularly those working , away from their important role of homemakers, who take jewellery more as a daily wearable than buying gold as investment avenue, an ASSOCHAM survey based on jewellers and consumer feedback has noted.

High gold prices and innovations on the part of jewellery firms, especially the large houses, is driving the change in the fashion trend. Even within gold jewellery, the trend is seen on lower cost wearables, though more needs to be done to tempt consumers. Small items like earring, rings and light bangles see heavy demand.

The survey, which comes on the eve of Dhanteras, found that 79 per cent jewellers are focusing on platinum-based diamond jewellery over traditional pure play gold and silver ornaments to tap the changing preferences of consumers. The demand for diamond jewellery is estimated to have grown by 30-35 per cent this season year on year Platinum too has seen an excellent growth of 25% this year, the survey said.

The survey covered 350 jewellery-makers based in Delhi-NCR, Mumbai, Ahemdabad, Chennai, Kolkata, Hyderabad, Chennai, Bangalore, Chandigarh and Dehradun.

ASSOCHAM also interacted with about 500 working and non-working women in Ahmedabad, Bengaluru, Chennai, Delhi-NCR and Mumbai to gauge their shopping habits during Dhanteras.

With high import duty and increased base price, the investment oriented consumers are seen less in the bullion market, while the business model is moving towards the wearable jewellery , easy on the pocket, even though it may not have too much of weight.

n++That is the real challenge.....Can they (jewellers) sell some decent jewellery for say, Rs 5,000-10,000 or between Rs 15,000-20,000. That is where the demand lies, ASSOCHAM Chairman of Gold Council said today.

The overall share of platinum and diamond based jewellery in the market is expected to take on a significant share of the gold jewellery sales in the near future, reports say. Demand for diamond jewellery seems to have increased by 30-35 percent on year on year basis, reports suggest

The jewellery makers using diamond and platinum are investing heavily in coming out with new designs, reflecting changing consumer taste, international trends and affordability. Even antique designs are being done in this segment, the survey noted.

One of the reasons jewellers losing interest in gold is a high level of policy regulation and tax issues like mandatory quoting of the Permanent Account Number of Income Tax, the traders in the precious metals said.

During Dhanteras the sales of gold and silver along with other metals is expected to pick up, though the mix and ratio among different precious metals may change. The share of platinum and diamond jewellery in the overall gold jewellery has increased significantly over the past one year.

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Adinath Bio-Labs to hold board meeting
Oct 28,2016

Adinath Bio-Labs will hold a meeting of the Board of Directors of the Company on 14 November 2016 To consider and approve Unaudited financial results for the 2nd quarter ended September 30, 2016.

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MT Educare to hold board meeting
Oct 28,2016

MT Educare will hold a meeting of the Board of Directors of the Company on 11 November 2016 to consider and approve the Unaudited Financial Results (limited reviewed results) for the quarter / half year ended September 30, 2016.

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NINtec Systems to hold board meeting
Oct 28,2016

NINtec Systems will hold a meeting of the Board of Directors of the Company on 7 October 2016 Quarterly Results

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Essar Securities to hold board meeting
Oct 28,2016

Essar Securities will hold a meeting of the Board of Directors of the Company on 4 November 2016 to consider, approve and take on record Unaudited Financial Results for the quarter ended September 30, 2016 and Limited Review Report for the period

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Green Fire Agri Commodities to hold board meeting
Oct 28,2016

Green Fire Agri Commodities will hold a meeting of the Board of Directors of the Company on 27 October 2016.

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Lancer Container Lines to hold board meeting
Oct 28,2016

Lancer Container Lines will hold a meeting of the Board of Directors of the Company on 8 November 2016 To consider and approve unaudited standalone financial results of the company for half-Yearly ended September 30, 2016 & to consider issuance of equity, share on preferential basis through warrants.

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Shree Tulsi Online.Com to hold board meeting
Oct 28,2016

Shree Tulsi Online.Com will hold a meeting of the Board of Directors of the Company on 14 November 2016 To consider and approve Unaudited financial results for the 02nd quarter ended September 30, 2016.

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Kriti Industries (India) commences commercial production in Unit II at Pithampur
Oct 28,2016

Kriti Industries (India) has commenced commercial production on 27 October 2016 in Unit II at the existing location at Pithampur, Madhya Pradesh, to manufacture Water Tanks and CPVC Pipies/Fittings.

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Vikas Ecotech to hold EGM
Oct 28,2016

Vikas Ecotech announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 23 November 2016 .

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Star Ferro & Cement to hold EGM
Oct 28,2016

Star Ferro & Cement announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 5 December 2016 .

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Board of Cupid recommends dividend
Oct 28,2016

Cupid announced that the Board of Directors of the Company at its meeting held on 27 October 2016, inter alia, have recommended the dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of Shriram City Union Finance recommends dividend
Oct 28,2016

Shriram City Union Finance announced that the Board of Directors of the Company at its meeting held on 27 October 2016, inter alia, have recommended the dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Pact Industries to hold board meeting
Oct 28,2016

Pact Industries will hold a meeting of the Board of Directors of the Company on 3 November 2016 to consider and adopt the Unaudited Financial Results along with Limited Review report of the auditors for the second quarter ended September 30, 2016.

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