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FPIs step up buying
Jul 20,2017

Foreign portfolio investors (FPIs) bought stocks worth a net Rs 1015.41 crore from the secondary equity markets on 19 July 2017, higher than net inflow of Rs 373.45 crore on 18 July 2017. On that day, the Sensex gained 244.36 points or 0.77% to settle at 31,955.35, its highest closing level since 17 July 2017.

The net inflow of Rs 1015.41crore on 19 July 2017 was a result of gross purchases of Rs 6578.95 crore and gross sales of Rs 5563.54 crore.

There was an inflow of Rs 1.47 crore into the category primary market & others on 19 July 2017.

FPIs have bought stocks worth a net Rs 1696.17 crore from the secondary equity markets in July 2017 so far (till 19 July 2017). They had purchased stocks worth a net Rs 906.13 crore from the secondary equity markets in June 2017.

FPIs have purchased shares worth a net Rs 40251.69 crore from the secondary equity markets in calendar year 2017 so far (till 19 July 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

FPIs have bought stocks worth a net Rs 1105.45 crore from the category primary market & others in July 2017 so far (till 19 July 2017). They had bought stocks worth a net Rs 2710.69 crore from the category primary market & others in June 2017.

FPIs have purchased shares worth a net Rs 15904.23 crore from the category primary markets & others in calendar year 2017 so far (till 19 July 2017). The net inflow from FPIs into the category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Rs. 3653 Crore of Amount Received from Allocation of Coal Blocks
Jul 20,2017

The Coal bearing State Governments have received an amount of Rs. 3653 crores till June 2017 from the allocation of Coal blocks/Mines under the provisions of Coal mines (Special Provisions) Act, 2015. Under the aforesaid Act, provisions of the entire revenue from allocation (auction and allotment) of coal blocks / mines under the accrues to the coal bearing State Government concerned.

The utilization of the revenue generated from the allocation of coal mines / blocks under the provisions of the Coal Mines (Special Provisions) Act, 2015 is the prerogative of the coal bearing State Government, the Minister added.

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Mangalore Chemicals & Fertilizers provides operations update
Jul 20,2017

Mangalore Chemicals & Fertilizers announced that the Company has commenced operations of Ammonia, Urea and Ammonia Bi-carbonate plants after carrying out refractory repair job in the primary reformer of the Ammonia plant.

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Anshuni Commercials appoints director
Jul 20,2017

Anshuni Commercials has appointed Kanhai Shah (DIN: 00120267) as Additional Independent Director of the Company by the Board of Directors in its meeting held on 20 July 2017 with immediate effect subject to approval of shareholders in ensuring Annual General Meeting.

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Petronet LNG announces cessation of director
Jul 20,2017

Petronet LNG announced that R. K. Garg has been superannuated as Director (Finance) of the Company w.e.f. 19 July 2017 after office hours.

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Somi Conveyor Beltings secures new orders worth Rs 15.11 crore
Jul 20,2017

Somi Conveyor Beltings has secured multiple orders aggregating Rs 15.11 crore for a total 34969 meters since 01 April 2017 till date.

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LKP Finance gets reaffirmation in credit ratings for bank facilities
Jul 20,2017

LKP Finance has received reaffirmation in rating for bank facilities availed by the Company from Brickwork Ratings as under -

Long term - Cash Credit (Rs 125 crore) - BWR BBB; Stable

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About 85,000 candidates placed after skill training in DDU-GKY IN 2016-17
Jul 20,2017

Deendayal Upadhayaya Grameen Kaushalya Yojana (DDU-GKY) is a placement linked skill development programme for the rural poor youth being implemented by the Ministry of Rural Development. The Minister of State for Rural Development Shri Ram Kripal Yadav said that training under this scheme enables a youth to seek wage employment. He said that during the financial year 2016-17, a total of 1,62,586 candidates have been skilled and 84,900 placed.

Another component is skill development through Rural Self Employment and Training Institutes (RSETI) which enables a trainee to seek self-employment with bank credit. A total of 4,45,106 candidates have been trained and 3,63,111 settled in the financial year 2016-17.

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Indergiri Finance shits registered office
Jul 20,2017

Indergiri Finance announced that the Board of Directors of the Company on 17 July 2017 passed resolution for shifting of the registered office from existing premises to new address as mentioned below effective from 19 July 2017:

Indergiri Finance, Office No. 327, 3rd Fl, Goyal Trade Center, Near Sona Talkies, Shantivan, Borivali (E), Mumbai - 400 066

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South Asian Enterprises announces resignation of director
Jul 20,2017

South Asian Enterprises announced that . Bhatnagar (DIN 00115108) has resigned as director of the Company w.e.f. 19 July, 2017.

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Reliance Capital to discuss results
Jul 20,2017

Reliance Capital will hold a meeting of the Board of Directors of the Company on 27 July 2017.

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Inclusion of more holidays in national calendar
Jul 20,2017

The Government has received proposal to make Patriots Day, observed on 13th August, and Ningol Chakkouba, which coincides with Bhai Duj, as restricted holidays and include them in the National Calendar.

As per existing policy, the Central Government administrative offices observe 17 holidays in a year. Out of these 17 holidays, 14 are pre-notified, compulsory holidays, which include three National holidays, namely, Republic Day, Independence Day and Mahatma Gandhis birthday. The remaining three holidays are required to be selected, by the Central Government Employees Welfare Coordination Committee (CGEWCC), functioning in respective states, from another list of 12 occasions. In addition, individual employees are allowed two restricted holidays in a year to be selected from a notified list of such Restricted Holidays.

In view of the ceiling on the total number of holidays that can be declared in a year by the Government, it has not been found possible to declare additional Restricted Holiday for the above occasions.

As per policy, the Central Government Employees Welfare Coordination Committee in the State Capitals choose three holidays keeping in view the occasions of local importance. The Coordination Committees at the State Capitals may draw up separate list of Restricted Holidays keeping in view the occasions of local importance.

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Tinplate retracts from 52-week high on profit booking
Jul 20,2017

Meanwhile, the S&P BSE Sensex was down 47.34 points or 0.15% at 31,908.01. The S&P BSE Small-Cap index rose 28.66 points or 0.18% at 16,003.23.

On the BSE, 13.67 lakh shares were traded on the counter so far as against the average daily volumes of 3.20 lakh shares in the past one quarter. The stock had hit a high of Rs 146.70 so far during the day, which is a 52-week high. The stock hit a low of Rs 136.95 so far during the day. The stock had hit a 52-week low of Rs 64 on 9 November 2016.

The stock had outperformed the market over the past one month till 19 July 2017, advancing 64.08% compared with the Sensexs 2.06% rise. The stock had also outperformed the market over the past one quarter, surging 69.81% as against the Sensexs 8.93% rise. The scrip had also outperformed the market over the past one year, spurting 75.44% as against the Sensexs 15% rise.

The small-cap company has equity capital of Rs 104.67 crore. Face value per share is Rs 10.

Shares of Tinplate Company of India had rallied 24.52% in the preceding three trading sessions to settle at Rs 145.70 yesterday, 19 July 2017, from its close of Rs 117 on 14 July 2017.

Tinplate Company of Indias net profit surged 74.6% to Rs 11.02 crore on 58.9% growth in net sales to Rs 259.26 crore in Q4 March 2017 over Q4 March 2016.

Tinplate Company of India is one of the leading indigenous producers of tin coated and tin free steel sheets in India.

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CL Educate to table results
Jul 20,2017

CL Educate will hold a meeting of the Board of Directors of the Company on 24 July 2017.

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Sang Froid Labs (India) to convene EGM
Jul 20,2017

Sang Froid Labs (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 19 August 2017 .

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