Gateway Distriparks' fixes record date for interim dividend

Gateway Distriparks has informed that the Record Date for the Interim Dividend, if declared, will be August 12, 2014 and the date of payment will be August 19, 2014. Gateway Distriparks Ltd has informed BSE that the Record Date for the Interim Dividend,...

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Gujarat Carbon Industries' director K. Mukhopadhyay resigns

Gujarat Carbon & Industries has informed that Shri K. Mukhopadhyay has resigned from the directorship of the Company on personal grounds with immediate effect. Gujarat Carbon & Industries Ltd has informed BSE that Shri K. Mukhopadhyay has...

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Zensar Technologies: Outcome of board meeting

Zensar Technologies has informed that the Board of Directors at its Meeting held on July 24, 2014,has appointed Ms. Madhabi Buch as Additional Director on the Board of Director of the Company. Ms. Madhabi Buch shall be an Independent & Non-Executive...

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ADC India Communications: Outcome of board meeting and appointment of CFO

ADC India Communications has informed that at the Meeting of the Board of Directors of the Company held on July 28, 2014, the Board has approved the appointment of Mr. Rakesh Kishore Bhanushali as the Chief Financial Officer of the Company. ADC India...

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Anjani Dham Industries' board meeting on July 31, 2014

Anjani Dham Industries' board meeting will be held on July 31, 2014, the transact to consider and discuss the matter regarding voluntary de-listing of Equity Shares of the Company from Ahmedabad Stock Exchange Limited (ASEL). Anjani Dham Industries...

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SAIL's Q1 results on August 11, 2014

Steel Authority of India board meeting will be held on August 11, 2014, to take on record the Un-Audited Accounts for the Quarter ended June 30, 2014 (Q1). Steel Authority of India Ltd has informed BSE that a meeting of the Board of Directors of the...

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Tamil Nadu Newsprint Papers' appoints Thiru V. Sivakumar as Company Secretary CO

Tamil Nadu Newsprint & Papers has informed that Thiru V. Sivakumar, an Associate Member of the Institute of Company Secretaries of India has been appointed as Company Secretary with effect from July 16, 2014. Hitherto, the post of Company Secretary...

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Finolex Industries: Outcome of Audit Committee Board Meeting and appointment of CFO

Finolex Industries has informed that the Audit Committee and the Board of Directors of the Company at their meetings held on July 26, 2014 have considered and appointed Mr. Anil Whabi as the Chief Financial Officer of the Company effective August 11,...

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Aditya Birla Money: Outcome of board meeting

Aditya Birla Money in its meeting held on July 28, 2014, has passed and approved issue of 27,70,000 new equity share of Rs. 1/- each, in one or more tranches, of the Company to eligible persons as stock options under a Scheme to be formulated under Securities...

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DS Kulkarni Developers' fixes book closure for dividend AGM

DS Kulkarni Developers has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 25, 2014 to September 26, 2014 (both days inclusive) for the purpose of Payment of Dividend & Annual General...

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Helios and Matheson Information Technology's board meeting on July 25, 2014

Helios and Matheson Information Technology board meeting will be held on July 25, 2014, to consider raising of long term funds through issue of FCCBs GDRs and issue of equity related securities to Qualified Institutional Buyers in accordance with existing...

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Idea sees significant telecom growth opportunities in India

The net debt for Idea Cellular has gone down by Rs 5200 crore due to proceeds of QIP and Rs 223 crore cash profit, said MD & CEO, Himanshu Kapania. Idea Cellular believes that there is a significant telecom growth opportunity in the country. We...

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Finance Bill expected to be passed by Parliament on July 28

The Finance bill, whose passage signals the end of the budgetary exercise, is coming up for discussion in the Lok Sabha on July 24 and 25, said Minister of State for Parliamentary Affairs Prakash Javadekar. Fast tracking the budgetary exercise, Parliament...

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Atlanta's fixes book closure for dividend AGM (E-Voting)

Atlanta has informed that the Register of Members & Share Transfer Books of the Company will remain closed from August 02, 2014 to August 09, 2014 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of...

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S. Kumars Nationwide: Outcome of board meeting

S. Kumars Nationwide at their meeting held on July 19, 2014 have considered and approved a Scheme of Arrangement with the Creditors of the Company pursuant to section 391 of the Companies Act, 1956/section 230 of the Companies Act, 2013. S. Kumars...

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Texmaco Rail Engineering: Outcome of board meeting

Texmaco Rail & Engineering at its meeting held on July 21, 2014, has approved further issue of securities of the Company at such premium as may be approved by the Board and subject to the approval of the shareholders of the Company in accordance...

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CARE's board to consider interim dividend

Credit Analysis and Research has informed that a meeting of the Board of Directors of the Company will be held on July 31, 2014, inter alia, to consider the Unaudited Financial Results for the quarter ended June 30, 2014 and the declaration of Interim...

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Foseco India's outcome of board meeting

Foseco India at its meeting held on July 21, 2014, has appointed Ms. Merryl Durrenbach as a Permanent non-retiring Director of the Company in place of Mr. Chris O Shea. Mr. Chris O' Shea has tendered his resignation as a Director of the Company with...

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Near ideal weather across the United States mid-west continues

Near ideal weather across the United States mid-west continues to support 'huge' yield potential for maize, although the critical pollination period for ma ... Near ideal weather across the United States mid-west continues to support 'huge' yield...

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Drought chances sustain despite Monsoon revival

After poor Monsoon rains in June, July too commenced with a 43% deficit highest for the season - and remained so till 12th July. However, in the last one week there has been a series of cyclonic circulations moving across Odisha, Madhya Pradesh, Gujarat...

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Price situation improves, weak monsoon can play spoilsport

Softening prices of some essential food items including vegetables pulled down inflation both at retail as well the wholesale level in June, although the bleak monsoon situation remains a cause for concern.While retail inflation in June touched its lowest...

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Was Narendra Modi-govt's maiden Budget ambitious enough?

The Budget is certainly a mixed bag, and both the industry and market appears to be unable to decide what to make of it, s experts. Finance minister Arun Jaitley on Thursday presented his maiden Union Budget in the Parliament. As the noise around...

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Govt sanctions Rs 8,060 cr for PMEGP during 12th Plan

The scheme provided jobs to over 16 lakh persons during the 11th Plan (2008-2012). "The scheme is to be continued during Twelfth Plan (2012-13 to 2016-17). The government today allocated Rs 8,060 crore for the Prime Minister's Employment Generation...

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Here are some commodity trading ideas from Kunal Shah

Watch the interview of Kunal Shah Nirmal Bang Commodities with Shereen Bhan on CNBC-TV18, in which he shared his reading and outlook on commodity markets and specific commodities. Watch the interview of Kunal Shah Nirmal Bang Commodities with Shereen...

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TRAI to issue spectrum sharing recos in about a week

TRAI Chairman Rahul Khullar today held a meeting with Chief Executive Officers of telecom companies where, as per industry sources, spectrum sharing was also discussed. Telecom regulator TRAI is likely to issue recommendations on spectrum sharing...

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RBI Liberalizes Foreign Entry/Exit

Published on Mon, Jul 14,2014 | 20:13, Updated at Mon, Jul 14 at 20:55Source : Moneycontrol.com |   Watch Video : It's a landmark change in India's foreign investment policy. After decades of prescribing the valuation formula...

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TVS Motor to ride on new launches

The first quarter has brought some cheer for the Chennai-based two wheeler firm TVS Motor Company  with market share increase. It said while it would aim towards third position in the two wheeler market, it hopes to boost overall market share...

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Non-life insurance premium up 8% in May at Rs 6,118cr

Among the six public sector non-life insurance companies, New India Life Insurance collected premium of Rs 886.06 crore (up 13.8 per cent year on year) in May; National Insurance Company Rs 867.79 crore (up 15.1 per cent); United India Rs 870.50 crore...

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Gold drops as 4-month high spurs investors to sell

Gold slid 1.71 per cent to USD 1,316.10 an ounce. It rose the past six weeks and reached USD 1,345.17 on July 10, the highest since March 19. Gold drops as advance to 4-month high spurs investors to sell Gold today dropped as some traders deemed an...

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Govt slaps $579m additional penalty on RIL

The government has slapped an additional penalty of USD 579 million on  Reliance Industries for producing less than targeted natural gas from its KG-D6 block, Oil Minister Dharmendra Pradhan said today.With this, the total penalty on RIL for missing...

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Jaitley may peg FY15 fiscal deficit at 4.3%: Goldman Sachs

It will take three years for the high fiscal deficit, which was one the reasons why foreign rating agencies threatened to downgrade the country's sovereign rating to junk, down to 3 percent, the brokerage added. Foreign brokerage Goldman Sachs today...

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India Inc's foreign borrowings fall to $1.46 bn in May

Indian firms had raised USD 2.49 billion by way of External Commercial Borrowings (ECBs) and Foreign Currency Convertible Bonds (FCCBs) in May, 2013. External borrowings of Indian companies fell by 41.3 percent to USD 1.46 billion in May this year...

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Icra Q1 net up 28% at Rs 19 crore on rise in other income

The New Delhi-headquartered company's total income was up 19 percent during the reporting period at Rs 49.10 crore as against Rs 41.41 crore in the same period year ago. Rating agency  Icra today reported a 28 percent jump in June quarter net...

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Coal India eyes 354 MT annual output from 118 projects

In a separate reply to the Upper House, Goyal said as per the report of the Working Group on Coal & Lignite for formulation of the Twelfth Five Year Plan (2012-17) production of coal, as per optimistic estimates was projected to reach 795 MT by the...

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StanChart PE to pump Rs 500cr in Sterlite Tech's power biz

The proceeds will be used for equity contribution in existing as well as new power transmission projects. This would be the first foreign investment into India's power transmission sector. Standard Chartered Private Equity will invest Rs 500 crore...

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Govt should take steps to ramp up coal production: IPCL

"On the generation front, the shortage of coal is essentially artificially created. Mechanisation and productivity of Coal India, a monopoly, is abysmally low," IPCL Chairman Hemant Kanoria said The government should take measures in the Union Budget...

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Assocham for Rs 40,000 cr budgetary support to Railways

"Capacity enhancement, efficiency, expansion and safety are major issues being faced by Indian Railways which plays a crucial role in development and operation of infrastructure sectors like coal, power, steel, cement and other critical sectors like...

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New government will deliver, says Ratan Tata

Tata is hopeful that the Modi government will elevate the situation of the country. Expectations are sky high ahead of the Modi government's maiden budget. But, many are hopeful and one among them is Ratan Tata who expects that the new government...

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Half of India's coal power plants have 1 week of stocks

Nearly half of India's coal-fired power stations only have enough stocks to last a week, the power minister said, as the country struggles to connect millions to the grid and wrestles with a growing coal import bill. Coal imports equate to about one...

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'Simple regulatory framework to pull investment into India'

Vedanta Resources Chairman Anil Agarwal said that though India has the world's fourth largest coal deposits and seventh largest deposits of iron ore, these sectors are significantly underinvested in terms of exploration and development. Implementation...

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