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ITI announces change in directorate
Jan 02,2017

ITI announced that P K Gupta, Director (Marketing) /additional charge Chairman and Managing Director has retired from services of the Company w.e.f afternoon of 31 December 2016 consequent to attaining age of superannuation.

Pursuant to Government of India order dated 30 December 2016, K Alagesan Director-Production is entrusted with additional charge as Director Marketing for a period of three months beyond 31 December 2016.

Accordingly, K Alagesan Director-Production assumed additional charge as Director Marketing w.e.f after noon 31 December 2016.

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Rachana Capital & Securities announces resignation of director
Jan 02,2017

Rachana Capital & Securities announced Grishma Ajayrao Shewale resigned as Company Secretary & Compliance Officer of the Company with effect from 02 January 2017 (after closure of the office hours).

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International Travel House announces resignation of director
Jan 02,2017

International Travel House announced that Anil Baijal Non-Executive Independent Director of the Company has intimated his resignation from the Board effective 30 December 2016 consequent to his appointment as the Lt. Governor of Delhi.

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Asahi Songwon Colors gets revision in credit ratings
Jan 02,2017

Asahi Songwon Colors has received revision in credit ratings from CARE Ratings for bank facilities of the Company.

Long term bank facilities - CARE AA-; Stable (Revised)

Short term bank facilities - CARE A1+ (Reaffirmed)

Long term/ short term bank facilities - CARE AA-; Stable/ CARE A1+ (Revised)

Proposed Commercial Paper Issue - CARE A1+ (Reaffirmed)

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Punjab Communications announces cessation of director
Jan 02,2017

Punjab Communications announced that A K Pathak has relinquished the charge of directorship in the capacity of Executive Director of the Company on 16 December 2016.

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Andhra Bank revises MCLR rates
Jan 02,2017

Andhra Bank has revised the MCLR rates with effect from 03 January 2017.

Overnight - 8.45%
One month - 8.50%
Three month - 8.55%
Six month - 8.60%
One year - 8.65%

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Transpek Industry announces cessation of CFO
Jan 02,2017

Transpek Industry announced that Ashok P. Shah, Vice President & Chief Financial Officer of the Company has retired from his services w.e.f. 31 December 2016.

He had attained the age of superannuation on December 31, 2014 and looking to his significant contributions to the Company, he had been given extension for the period from 01 January 2015 to 31 December 2016.

He ceases to be the Chief Financial Officer of the Company from 01 January 2017.

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Insilco provides operations update
Jan 02,2017

Insilco announced that its plant will continue to remain shut down due to high inventory & low sales volume and restart in the evening of 04 January 2017.

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Great Eastern Shipping Company contracts to buy 2 Suezmax Crude Carriers
Jan 02,2017

Great Eastern Shipping Company has signed contracts to buy 2 Suezmax Crude Carriers of about 157,000 dwt each. The 2010 & 2011 built vessels are expected to join the companys fleet in Q4 FY 2017.

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SML ISUZU announces sales figures
Jan 02,2017

SML ISUZU achieved sales of 1021 units in December 2016 compared to 877 units in December 2015, recording a growth of 16.4%. For the period April- December 2016, total sales stood at 10943 units, growth of 19% over the corresponding period of previous year.

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Zicom SaaS launches Managed Security Services in Hyderabad City
Jan 02,2017

Zicom Electronic Security Systems announced that Zicom SaaS, a wholly owned subsidiary of the Company, has launched Managed Security Services in the City of Hyderabad under Make Hyderabad Safe Initiative.

Under this initiative, Zicom SaaS offers holistic 3 layered security services to Make Hyderabad Safe. SaaS will offer (a) Home Security Products (b)CCTV surveillance services with Zero investment, Zero management of the equipment and (c) Out-of-Home (OOH) ZIMAN subscription based Personal Safety Services.

Zicom SaaS, which is in the business of Internet of Things, is targeting over 2,000 users for 2017-18. The USP of the service being 24x7 remote system health check of the CCTV Surveillance System through state-of-the-art Zicom Command Centre eliminating Users burden of monitoring and ensuring the CCTV surveillance system functioning.

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Sudarshan Chemical Industries declared winner of Golden Peacock Award
Jan 02,2017

Sudarshan Chemical Industries has been declared as the Winner of Special Commendation for the Golden Peacock Award for Corporate Social Responsibility for the year 2016, by the Awards under the Chairmanship of Justice M N Venkatachaliah, Former Chief Justice, Supreme Court of India.

The Special Commendation Certificate will be presented at a specially organised Golden Peacock Awards Nite ceremony to be held on 20 January 2017 in Bengaluru during IOD, 11th International Ceremony on Corporate Social Responsibility being held on 20-21 January 2017.

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Tata Motors announces sales figures
Jan 02,2017

Tata Motors passenger and commercial vehicles total sales in December 2016 were at 40,944 units, recording 2% growth over 39,973 units sold in December 2015.

Domestic sales of passenger and commercial vehicles stood at 35,825 units in December 2016, a growth of 1% over December 2015.

Cumulative sales (including exports) of the Company for the fiscal were at 391,493 units, higher by 7% over 364,939 units sold last year.

In domestic market, passenger vehicle sales grew 35% to 10,827 units in December 2016 over December 2015 while commercial vehicle sales declined 9% to 24,998 units in December 2016 over December 2015.

The Company sales from exports was at 5119 units in December 2016, a growth of 12% compared to 4557 units in December 2015. The cumulative sales from exports for the fiscal was at 48,547 units, higher by 19% over 40,900 units, sold last year.

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RBL Bank allots equity shares
Jan 02,2017

RBL Bank has allotted 300,451 (Three Lac Four Hundred & Fifty One) equity shares of face value Rs. 10 each on 30 December 2016 under the ESOP Schemes of the Bank.

Consequent to the above allotment, the paid up share capital of the Bank has increased from 372,834,542 equity shares of Rs. 10 each aggregating Rs. 3,728,345,420 to 373,134,993 equity shares of Rs. 10 each aggregating Rs 3,731,349,930.

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BSL gets reaffirmation in credit ratings
Jan 02,2017

BSL announced that Brickwork Ratings India has reaffirmed credit rating of the Company for Long Term Loans - BWR BBB+ (pronounced as BWR Triple B Plus) and for Short Term Loans - BWR A3+ (pronounced as BWR A Three Plus). The outlook on the long term rating is Stable.

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