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The Management of Koutons Retail India is looking at a proposal to acquire a foreign Company through issue of GDRs on a back to back basis in lieu of cash consideration upto USD 200 mn. The board Meeting is being scheduled on April 03, 2013 to discuss and decide on the aforesaid acquisition and issue of GDRs in lieu of consideration.
Madhucon Projects board meeting will be held on April 08, 2013, to consider the proposal of reconstitution of Board of Directors and its Committees of Board.
Sakthi Finance at its meeting held on March 30, 2013, has declared an interim dividend at 10% on pro-rata basis on 10% Redeemable Cumulative Preference Shares (RCPS) of Rs 100 each for the financial year ending March 31, 2013.
Rathi Graphic Technologies at board meeting held on March 30, 2013 has allotted 25 lakh equity shares to the promoter group and non-promoters in accordance with the shareholders resolution passed at the extra-ordinary general meeting held on March 20, 2013.
FMCG player Dabur India touched a 52-week high of Rs 142. At 14:37 hrs the share was quoting at Rs 141.25, up Rs 4.20, or 3.06%.
Deep Industries at its meeting held on March 30, 2013, has allotted 13,75,000 equity shares of Rs 10 at a premium of Rs 66 per share to the allottees upon conversion of 13,75,000 Convertible Warrants which were allotted on December 09, 2011 at a price of Rs 76 per Warrant on Preferential basis.
PAE has allotted unlisted 50 lakh, 8% Redeemable, Non-Cumulative, Non-Convertible preference shares of Rs 10 each at par to the Promoters of the company.
UT at its 4th Annual General Meeting held on March 30, 2013 has appointed Mr Pawan Kumar Lohia as director.
After a stable morning, the Nifty gave up its gains and flattened out to around 5690. The Sensex was up 26.98 points at 18862.75, while the Nifty added 16.35 points at 5698.90.
Granules India has informed that Dr. A. Bhaskar Krishna, Chief Executive Officer of the Company has resigned from the Company due to personal reasons, with effect from March 31, 2013.
Vadilal Dairy International at its EGM held on March 30, 2013 has considered the issuance of additional equity shares on preferential basis to the promoter/ promoter group as per BIFR order in the meeting.
Hitech Plast has informed that the first phase of the Company's new manufacturing unit at Khandala, Dist. Satara, Maharashtra, has been completed and the commercial production has started with effect from March 30, 2013.
KS Oils at its AGM held on March 30, 2013 has approved the re-appointment of Mr R.S. Sasodia who is liable to retire by rotation as independent director of the company.
The evolution from hacktivism to financial gain to disguising more targetted attacks is evidence of a re-emerging trend that exploits the weaknesses and vulnerabilities of organisations.
Mishka Finance and Trading has appointed Mr Amit Kumar Vasishtha as non executive independent and additional director w.e.f from March 30, 2013.
Vippy Industries at its meeting held on March 30, 2013, has re-appointed to Shri Rahul Mutha as Managing Director of the Company with w.e.f. April 01, 2013.
Vippy Spinpro at its meeting held on March 30, 2013, has re-appointed to Shri Piyush Mutha as Managing Director of the Company with w.e.f. April 01, 2013.
Trading Members of the Exchange are hereby informed that effective from April 01, 2013, the equity shares of Repco Home Finance are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities.
The Board of Directors of Bharatiya Global Infomedia has decided to extend the current Financial year from March 31, 2013 by three months, so as to end on June 30, 2013 and accordingly the financial year 2012-2013 shall comprise of 15 months, i.e. April 01, 2012 - June 30, 2013
Donations are a commonly used route by an individual to do some good for society and at the same time claim some additional tax benefits in the process.
Two wheelers toll rates have been increased from Rs 11 to Rs 12, for cars from Rs 22 to Rs 25, LCVs from Rs 45 to Rs 55, bus and truck will now shell out Rs 70 from earlier Rs 55.
‘Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man‘ said American President Ronald Regan. Though not an economist, he described the feeling of common man in best possible words as far as inflation and its impact are concerned.
New analysis from Frost & Sullivan, finds that increasing digitisation of tape-based workflows and knowledge about enhanced value proposition to drive uptake levels.
India's infrastructure sector output slumped 2.5 percent in February from a year earlier, government data showed on Monday, in a sign Asia's third largest economy has yet to escape from the worst slowdown in a decade.
Arrow Textiles has informed that on the recommendation of the Remuneration Committee of the Board, the Board of Directors of the Company by way of Circular Resolution have approved re-appointment of Mr. Chand Arora as Managing Director of the Company w.e.f. April 01, 2013.
