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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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Grasim Industries allots 19,04,62,665 equity shares
Jul 11,2017

Grasim Industries announced that the Allotment Committee of the Board of Directors of the Company has approved allotment of 19,04,62,665 Equity shares of Rs. 2 each of the Company under the Composite Scheme of Arrangement between Aditya Birla Nuvo and Grasim Industries and Aditya Birla Financial Services (now known as Aditya Birla Capital) and their respective shareholders and creditors.

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Ashiana Housing gets upgradation of long term ratings
Jul 11,2017

Ashiana Housing announced that ICRA has upgraded the long-term rating to [ICRA]A (Stable) (pronounced ICRA A) from [ICRA]A- (Stable) (pronounced ICRA A minus) on the Rs. 50 crore fund-based limits of the company. The outlook on the long-term rating is Stable.

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Hanung Toys & Textiles appoints company secretary and compliance officer
Jul 11,2017

Hanung Toys & Textiles has appointed Sunita Thakur as Company Secretary and further as a Compliance Officer of the Company w.e.f. 19 July 2017 in place of the existing Compliance Officer Lalit Chawla.

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Anar Industries enters into franchisee agreement with My Own Eco Energy
Jul 11,2017

Anar Industries has entered into franchisee agreement with My Own Eco Energy for manufacturing, distributing, marketing and retail sale of bio fuels and products.

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Advik Industries renamed as Advik Capital
Jul 11,2017

Advik Industries has been renamed as Advik Capital and has received new Certificate of Incorporation after change of name from Registrar of Companies, NCT Delhi & Haryana dated 07 July 2017.

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