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NELCO to hold board meeting
Jul 12,2017

NELCO will hold a meeting of the Board of Directors of the Company on 24 July 2017, to inter alia consider and take on record the Unaudited Stand alone and Consolidated Financial Results of the Company for the Quarter ended 30th June 2017.

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Alfred Herbert (India) to hold board meeting
Jul 12,2017

Alfred Herbert (India) will hold a meeting of the Board of Directors of the Company on 28 July 2017.

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Asian Granito India provides update on associate co. Astron Paper & Board
Jul 12,2017

Asian Granito India announced that the Companys Associate Company Astron Paper & Board had filed an withdrawal application before National Company Law Tribunal for reduction of share capital u/s 66 of the Companies Act, 2013 and National Company Law Tribunal has approved the same.

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Sai Baba Investment and Commercial Enterprises plans for diversification of business
Jul 12,2017

Sai Baba Investment and Commercial Enterprises is planning to enter into ready made garments business by opening retail outlets/showrooms of Ladies Garments in different parts of the India.

Also, the Company is in discussions with a Company based at Israel to start some horticulture activity to accelerate the growth of the Company.

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Union Bank of India announces resignation of director
Jul 12,2017

Union Bank of India announced the resignation of Kewal Handa, Non-Executive Chairman & Part-Time Non-Official Director.

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Parag Milk Foods announces resignation of CFO and KMP
Jul 12,2017

Parag Milk Foods announced that Bharat Kedia, CFO and KMP has resigned from the Company with effect from 10 July 2017.

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India Home Loan appoints director
Jul 12,2017

India Home Loan announced the appointment of Govinder singh as independent director of the Company with effect from 11 July 2017.

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Aksh Optifibre awarded Jaipur Smart City Project
Jul 12,2017

Aksh Optifibre has been awarded the eminent Jaipur Smart City Project. Jaipur Smart City is a project led and implemented by Jaipur Smart City, (JSCL) who invited a bid for Development of Smart Road in ABD areas of Jaipur. Aksh participated in the said bid and has been awarded with the Letter of Acceptance (LOA) from JSCL.

The project envisages development of Smart City solutions and state-of-art City Operation Centre. AKSH shall deploy the OFC network toinstall the Smart city Wi-Fi network, Smart LED Lighting system for energy efficiency, IP based surveillance system with Vehicle Identification & Counting, Environment sensors for monitoring the environment, Smart Parking system, and Smart Communication.

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Tata Steel divests its entire 50% stake in JV Tata Elastron S.A.
Jul 12,2017

Tata Steel has divested its entire stake in a 50% joint venture, viz, Tata Elastron S.A. to Elastron S.A on 10 July 2017. The Company received EUR 0.368 million in consideration of the sale.

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Camlin Fine Sciences acquires 51% stake in Ningbo Wanglong Flavors and Fragrances, China
Jul 12,2017

Camlin Fine Sciences announced that the Company along with its subsidiary CFS Europe SpA, Italy has acquired 51% stake in Ningbo Wanglong Flavors and Fragrances, China on 12 July 2017. The cost of acquisition in USD 6.28 million.

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Majesco products client update
Jul 11,2017

Majesco announced that its client, Shelter Insurance is live on Majesco Billing for its new brand, Say Insurance, focused on delivering a digital audio insurance product that is transparent, simple and convenient.

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Outcome of board meeting of Shantai Industries
Jul 11,2017

The Board of Shantai Industries at its meeting held on 11 July 2017 has transacted the following -

It was resolved to allot 10,00,000 equity shares of Rs. 10/- each as bonus shares fully paid-up to the members holding equity share of the company as on 10 July 2017 being the record date declared.

The board discussed various alternate avenues to raise funds for working of the company.

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Outcome of board meeting of Maximus International
Jul 11,2017

The Board of Maximus International at its meeting held on 11 July 2017 has transacted the following -

To issue 15 lakh equity shares to non-promoters on preferential basis.

To increase authorised share capital from Rs 5.50 crore to Rs 7 crore dividend into 70 lakh equity shares of Rs 10 each.

To convene EGM on 12 August 2017.

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Tata Steel signs definitive agreement with Liberty House Group
Jul 11,2017

Tata Steel announced that it has signed definitive sale agreement to sell its 42-inch and 84-inch pipe mills in Hartlepool to Liberty House Group.

The sale agreement covers the 42-inch and 84-inch pipe mills, also known as Submerged Arc Weld (SAW) Mills where about 140 employees manufacture pipeline for gas and oil projects around the world. The two mills are fed with steel plates sourced from outside Tata Steel, so the mills are independent of the Companys strip products supply chain.

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JV of Brahmaputra Infrastructure secures contract worth Rs 116.59 crore
Jul 11,2017

Brahmaputra Infrastructure announced that its JV (VKGA-Brahmaputra- Tribeni (JV) ) has received a letter of reward for execution of the Construction of foundation and sub structure over pile foundation for Tall Bridge no. 161-162-163 (span 1*47.74+7*78.80+1*47.7m steel girder) at KM42.360 including all other ancillary works and protection work in between stations Bairabi and Sairang in connection with the Construction of new BG Railway line from Bairabi to sairang (Mizoram) for the Contract price of Rs. 116.59 crore (Approx) from the Office of Chief Engineer / Construction -2 North East Frontier Railway, Maligaon, Guwahati .

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