My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Board of Oil India approves proposal for buyback of shares
Mar 21,2017

The Board of Directors of Oil India at its meeting held on 20 March 2017 has approved a proposal for buyback of shares of 4,49,12,000 equity shares of Rs 10 each representing 5.60% of the paid up share capital of the Company.

Powered by Capital Market - Live News

Sphere Global Services provides business update
Mar 21,2017

Sphere Global Services announced that the Company along with its Indian subsidiary-Adroit Infotech has bagged work orders amounting to 10 crore for execution of :
1 Supreme Industries -S4 HANA implementation at pan India level.
2. JSW -Implementation of GST Network system, which will be used for the roll out of proposed Goods and Services at pan India level.
3. Sudarshan Chemicals -Implementation of GST Network system, which will be used for the roll out of proposed Goods and Services at pan India level.

The said orders are expected to be completed in Financial Year 2017-18. Company will be executing the order from there Indian offices. Company is confident of executing this order well within the time frame on the back of its expertise, skilled resources and its strong infrastructure. With this current order, the company gets a significant boost in the organic growth.

Powered by Capital Market - Live News

JITF Infra Logistics appoints director
Mar 21,2017

JITF Infra Logistics announced that the Board of Directors in their Meeting held on 21 March 2017 has appointed Neeraj Kumar (DIN: 01776688) as an Additional Director in the category of Non Executive Director w.e.f. 21 March 2017.

Powered by Capital Market - Live News

Zee Learn allots 217,250 equity shares
Mar 21,2017

Zee Learn has allotted 217,250 equity shares under ESOP on 21 March 2017. Consequent to the allotment, the paid up equity share capital has increased to 322,398,031 equity shares of Re 1 each aggregating Rs 32.23 crore.

Powered by Capital Market - Live News

Board of Shrenuj & Company appoints directors
Mar 21,2017

Shrenuj & Company announced that the Board of Directors of the Company at its meeting held today, has inter-alia approved the appointment of Ranjal Laxmana Shenoy as an Additional Director and Aruna Soman as Woman Director on the Board of the Company under the category of Independent Director w.e.f. 21 March, 2017, to hold the office till the ensuing Annual General Meeting of the Company.

Powered by Capital Market - Live News

Deepak Spinners appoints director
Mar 21,2017

Deepak Spinners has appointed Binod Kumar Agrawal as an Additional Director in the category of Independent Director today, with effect from 01 April 2017.

Powered by Capital Market - Live News

IFCI announces appointment of Deputy Managing Director
Mar 21,2017

IFCI announced that the Appointment Committee of the Cabinet has approved the appointment of Sanjeev Kaushik, DMD, India Infrastructure Finance Company as DMD, IFCI, in additional charge, for a period of 6 months with effect from 12 December 2016.

Powered by Capital Market - Live News

Adani Enterprises announces acquisition of Adani Infrastructure
Mar 21,2017

Adani Enterprises announced that the Company has acquired 100% equity share capital of Adani Infrastructure.

Powered by Capital Market - Live News

Adani Power allots 2,27,27,044 equity shares
Mar 21,2017

Adani Power has allotted 2,27,27,044 equity shares of Rs. 10/- each upon partial conversion of the Convertible Warrants as earlier issued and allotted on preferential basis to Promoter Group Entities.

Powered by Capital Market - Live News

Union Bank of India gets rating assigned for Certificate of Deposit Program
Mar 21,2017

Union Bank of India announced that ICRA has assigned the rating of [ICRA] A1+ to the Banks Certificate of Deposit Program of Rs.10,000 crore.

Powered by Capital Market - Live News

Indiabulls Housing Finance allots NCDs aggregating Rs 600 cr
Mar 21,2017

Indiabulls Housing Finance allotted its seventh tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each (NCDs) aggregating Rs.600 crore (Rs. 500 crore Plus Greenshoe Option of Rs. 100 crores) on 21 March 2017.

Powered by Capital Market - Live News

Hindustan Unilever starts commercial production at new facility in Assam
Mar 21,2017

Hindustan Unilever has commenced commercial production at its new manufacturing facility in Assam on 15 March 2017.

Powered by Capital Market - Live News

48,998 Complaints register against e-commerce companies during April 2016-February 2017
Mar 21,2017

The number of complaints against e-commerce companies, as registered in the National Consumer Helpline, over the last three years are as under:Call received at National Consumer Helpline in e-commerce SectorYearCallsMay 2014 - March 201516919April 2015 - March 201628331April 2016- February 201748998

The redressal of the complaints are registered by a complainant with the three tier system of quasi-judicial bodies namely the District Consumer Disputes Redressal Forum, State Consumer Disputes Redressal Commission and the National Consumer Disputes Redressal Commission established under the provisions of the Consumer Protection Act, 1986. Besides, Consumer Grievances addressed to the National Consumer Helpline (NCH) are redressed by forwarding the complaints to concerned departments and the companies and constant monitoring the progress in their redressal. The NCH has established partnership with 225 companies under a convergence programme for speedy redressal.

The Government is aware about the functioning of e-commerce companies. The rights of the consumers involved in e-commerce are equally protected as per the provisions of the Consumer Protection Act, 1986, in a manner similar to transactions involving goods and services.

The draft amendment to the Packaged Commodities Rules, 2011 made under the provisions of Legal Metrology Act, 2009 proposes that the mandatory labeling declarations as per the rules shall be displayed on the online trading platforms.

A consumer dealing in e-commerce can file complaints in consumer courts for deficiency in service and defective products, under the provisions of the Consumer Protection Act, 1986 which has provisions regarding jurisdictional issues. The Consumer Protection Bill, 2015, introduced in August, 2015, seeks to strengthen the provisions regarding jurisdictional and also has provisions regarding Alternate Disputes Resolution.

Powered by Capital Market - Live News

MoU signed with ASCI by M/o AYUSH to monitor misleading AYUSH related advertisements: Shri Shripad Naik
Mar 21,2017

Ministry of AYUSH received 79 complaints in the year 2014 about advertisements and misleading claims allegedly of herbal and AYUSH products. Department of Consumer Affairs has informed that Advertising Standards Council of India (ASCI) referred 263 complaints of allegedly AYUSH products related advertisements since January, 2015 including seven advertisements of herbal medicines in 2016. Such complaints of 381 advertisements are also registered online till 16th March, 2017 in the Grievances against Misleading Advertisements (GAMA) portal maintained by the Ministry of Consumer Affairs, Food & Public Distribution.

In this regard, it is pertinent to state that the proof of safety and effectiveness as required for issuing license to manufacture Ayurvedic, Siddha or Unani medicine is prescribed in the guidelines under Rule 158-B of the Drugs & Cosmetics Rules, 1945, which can either be based on textual rationale from the authoritative books listed in the First Schedule to the Drugs & Cosmetics Act or published literature; and if no such evidence of effectiveness of the drug is available, it needs to be generated by conducting the pilot study. In order to check the veracity of misleading advertisements of AYUSH products, the Central Government has issued directives to the State Governments for appointing Gazetted Officers for monitoring of advertisements of such drugs. Complaints of misleading advertisements of medicines are forwarded to the concerned State Licensing Authorities for action in accordance with the provisions of Drugs & Cosmetics Act, 1940 and Rules thereunder and Drugs & Magic Remedies (Objectionable Advertisements) Act, 1954 and Rules thereunder. States have reported action taken against the defaulters. Ministry of AYUSH has also signed MoU with Advertising Standards Council of India (ASCI) on 20th January, 2017 to undertake monitoring of the misleading AYUSH -related advertisements appearing in print and TV media and bring the instances of improper advertisements to the notice of the State Regulatory Authorities for taking necessary action.

Powered by Capital Market - Live News

IWAI raises Rs 340 Crore through Infrastructure Bonds
Mar 21,2017

In a landmark development for expansion of inland waterways in the country, the Inland Waterways Authority of India (IWAI) has raised Rs 340 crore through its maiden bond issue from the market. The fully serviced Government of India Bonds were privately placed with banks and financial institutions on March 1, 2017.

The Finance Minister in his Budget Speech 2016-17 had announced mobilization of extra budgetary resources through issuance of Bonds to support infrastructure projects. To augment infrastructure spending further, Government will permit mobilization of additional finances to the extent of Rs 31,300 crore by NHAI, PFC, REC, IREDA, NABARD and Inland Waterways Authority through raising of Bonds during 2016-17, he had said.

Accordingly, IWAI launched its maiden venture of mobilizing Government of India fully serviced Bonds by private placement mode on the electronic bidding platform of Bombay Stock Exchange on March 1, 2017. The Issue was oversubscribed with a total mobilization of Rs 340 crore against the announced size of Rs.200 crore.

The inflow of these funds provides a major fillip to IWAIs ambitious plan to develop National Waterways in India. These river highways are economical and environment friendly and are expected to contribute in correcting the existing transport modal mix that imposes available logistics cost on the Indian economy.

Powered by Capital Market - Live News