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Adlabs Entertainment jumps as Insync Capital Partners LLP buys shares
Sep 23,2016

Meanwhile, the S&P BSE Sensex, was currently off 30.22 points or 0.11% at 28,742.91

On BSE, so far 5.81 lakh shares were traded in the counter, compared with average daily volume of 76,676 shares in the past one quarter. The stock hit high of Rs 99.90 and low of Rs 94.80 so far during the trading session. The stock had hit 52-week high of Rs 145.40 on 31 December 2015. The stock had hit all-time low of Rs 68 on 29 February 2016. The stock had underperformed the market over the past 30 days till 22 September 2016, rising 1.95% compared with 2.54% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, rising 9.65% as against Sensexs 9% rise.

The small-cap company has equity capital of Rs 79.90 crore. Face value per share is Rs 10.

Adlabs Entertainment reported net loss of Rs 19.23 crore in Q1 June 2016, higher than net loss of Rs 15.52 crore in Q1 June 2015. Net sales rose 7.25% to Rs 83.10 crore in Q1 June 2016 over Q1 June 2015.

Insync Capital Partners LLP bought 4 lakh shares of Adlabs Entertainment at an average price of Rs 81.84 per share in a bulk deal on NSE yesterday, 22 September 2016. Insync Capital Partners LLP sold 50,000 shares of Adlabs Entertainment at an average price of Rs 81.06 per share in a bulk deal on NSE yesterday, 22 September 2016.

Adlabs Entertainment operates the Imagica theme park located at Khalapur, off the Mumbai-Pune express highway.

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NHAI Awards Contract for 4-Laning of Panchkula-Yamunanagar Section of NH-73 (new NH-344) in Haryana.
Sep 23,2016

The National Highways Authority of India (NHAI) has issued Letter of Award (LOA) for development of following section in the state of Haryana under NHDP Phase-III:

NH No.SectionLengthTotal Project CostConcessionaires NameNH-73 (new NH-344)4 Laning of Panchkula-Yamunanagar Section from km 157.192 to km 176.40019 kmRs. 249 croreM/s Gawar Construction Ltd.

Panchkula and twin cities of Jagadhari and Yamunanagar are important commercial and industrial centres of Haryana.  Development of Panchkula-Yamunanagar Section from km 157.192 to km 176.400will improve connectivity to various villages and towns and confer boost to the economy of the area by way of providing access to various places of business and tourist importance.

The existing 108 km long stretch of NH-73 (New NH 344) between Panchkula to Yamunanagar connects Haryana to state of Uttar Pradesh and passes through Barwala, Sahjadpur, Saha, Jagadhari cities. This highway passes through Khol-hi-raitan wild life sanctuary at two section from km 175.350 to km 176.00 & 177.090 to km 177.500 and leads to Saharanpur and Roorkee.

The project has been divided into three packages.  Package-I and Package-II have already been awarded on EPC mode.  The balance length of 19 km has now been awarded on EPC mode which starts from km 160.356 near Barwala town and ends at km 179.249 at Panchkula.  The project would be completed  in 24 months from the date of commencement of the project. 

It will have 4 major Bridges, 3 major Junctions, 25 minor Junctions, 1 Flyover, 1 Vehicular Underpass, 1 Pedestrian Underpass, 2 Overhead Bridges for crossing, 10 Bus Bays and 9 km long service road on both sides.

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MOIL announces cessation of director
Sep 23,2016

MOIL announced that on 22 September 2016, the Company have received intimation from Government of Madhya Pradesh regarding cessation of Sheo Shekhar Shukla from the post of Director of MOIL w.e.f. 23 August 2016.

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Uttarakhand one of the transparent states in doing business: Chief Minister, Uttarakhand
Sep 23,2016

Uttarakhand is one of the most transparent states in ease of doing business, provide conducive environment for industrial growth, said Chief Minister of Uttarakhand, Mr Harish Rawat said at an ASSOCHAM event.

Uttarakhand has a lot of potential in infrastructure development and hospitality industry and there is an ample scope for expansion. The power generation is one the major thrust areas. We are focusing on the development of small hydro power plants. Some of the important projects are Tankul, Bhilangana-II and Painagad etc, said Mr. Rawat while inaugurating an ASSOCHAM conference on 2nd Global Investors India Forum (GIIF).

n++Uttarakhand is the policy driven state.n++ We are also providing the cheapest power in the country. He further said that Uttarakhand is one of the most transparent states to do business.

We have land availability and the climate for investment is very good in Uttarakhand. We are working on infrastructure development and there is an ample scope for expansion, said Mr. Rawat.

He further mentioned that the Uttarakhand has very attractive MSME policy linked with the Start-up policy. The Government has implemented a Start-up policy to provide a platform to the students emerging from the Educational Institutes of the state to help them grow as entrepreneurs.

To invite investment in Uttrakhand from pioneer IT industries of CMM I level V to provide firm platform for new entrepreneurs. The incentives under the policy are land/ space coast, capital subsidy, power subsidy, stamp duty etc.

Now, we are attracting a lot of people from small investors in the micro and small power projects and we are ahead to formulate our IT policy also.

We are also improving the connectivity. We are also coming out with new airport and I am hopeful that soon it will be connected with other major towns of the country and with new policy of government of India from regional connectivity, we have already three small airports and which will be develop further, said Mr. Rawat.

In hospitality sector, there are lot of prospects in our state and request you all to look into that area and which have lot of potential.

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Ultracab (India) provides update on bonus issue
Sep 23,2016

Ultracab (India) announced that the Bonus shares are credited to the account of the shareholders holding shares in demat form, whose name appeared in the register of members on 09 September 2016 (Record Date).

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Disa India fixes record date for buyback of shares
Sep 23,2016

Disa India has fixed 04 October 2016 as the Record Date for the purpose of determining the entitlement and the names of the Shareholders, who are eligible to participate in the proposed buy-back offer.

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Jubilant Life Sciences gains after its subsidiary proposes to raise funds
Sep 23,2016

The announcement was made during market hours today, 23 September 2016.

Meanwhile, the BSE Sensex was down 13.45 points, or 0.05%, to 28,759.68.

On BSE, so far 1.12 lakh shares were traded in the counter, compared with average daily volume of 2.43 lakh shares in the past one quarter. The stock hit a high of Rs 648, so far during the day, which is a record high for the stock. The stock hit a low of Rs 623.50 so far during the day. The stock hit a 52-week low of Rs 272.50 on 20 January 2016. The stock had outperformed the market over the past one month till 22 September 2016, rising 22.55% compared with Sensexs 2.81% gains. The scrip also outperformed the market in past one quarter, surging 85.12% as against Sensexs 7.5% gains.

The large-cap company has equity capital of Rs 15.93 crore. Face value per share is Re 1.

Jubilant Life Sciences said that the board of directors of companys material wholly-owned subsidiary, Jubilant Pharma (JPL) at a meeting held today, 23 September 2016, approved the proposal to launch a benchmark offering of unsecured high yield bonds (notes) outside India by JPL. The notes are proposed to be listed on the Singapore Exchange Securities Trading. Jubilant Pharma is a company incorporated under the laws of Singapore outside India.

Jubilant Life Sciences consolidated net profit rose 22.5% to Rs 161.60 crore on 1.7% decline in net sales to Rs 1400.97 crore in Q1 June 2016 over Q1 June 2015.

Jubilant Life Sciences is an integrated global pharmaceutical and life sciences company engaged in manufacture and supply of active pharmaceutical ingredients (APIs), solid dosage formulations, radiopharmaceuticals, allergy therapy products and life science ingredients. It also provides services in contract manufacturing of sterile injectables and drug discovery solutions. The companys strength lies in its unique offerings of pharmaceuticals and life sciences products and services across the value chain.

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SS Forgings & Engineering to hold AGM
Sep 23,2016

SS Forgings & Engineering announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Ideal Carpets to hold AGM
Sep 23,2016

Ideal Carpets announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Nardhana Infrastructure to hold AGM
Sep 23,2016

Nardhana Infrastructure announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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Automotive Stampings & Assemblies to hold board meeting
Sep 23,2016

Automotive Stampings & Assemblies will hold a meeting of the Board of Directors of the Company on 28 October 2016, to consider and approve the Unaudited Financial Results of the Company for the quarter and half year ended 30 September 2016.

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Pharmaids Pharmaceuticals to hold board meeting
Sep 23,2016

Pharmaids Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 1 October 2016, to consider Sale and / Transfer of Plant at Bibinagar - Nalgonda and specified Business, fixed assets, land & building, Plant & Machinery including identified employees, together with all its respective assets.

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Axis Bank to hold board meeting
Sep 23,2016

Axis Bank will hold a meeting of the Board of Directors of the Company on 24 October 2016.

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Vijay Shanthi Builders to hold AGM
Sep 23,2016

Vijay Shanthi Builders announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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SGN Telecoms to hold AGM
Sep 23,2016

SGN Telecoms announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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