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Syncom Formulations (India) appoints compliance officer

capital market | Mumbai | January 02, 2015 00:00 IST

Syncom Formulations (India) has appointed Praniti Porwal, Company Secretary of the Company as a Compliance Officer of the Company w.e.f. 01 January 2015.

Everlon Synthetics to hold board meeting

capital market | Mumbai | January 02, 2015 00:00 IST

Everlon Synthetics will hold a meeting of the Board of Directors of the Company on 10 January 2015, to consider and approve the Unaudited quarterly (Provisional) financial results for the third quarter and nine months for the period ended 31 December 2014, and to take and approve Draft Letter of Offer for the right issue of equity shares to the existing members of the Company.

Fedders Lloyd Corporation wins contracts worth Rs 106.99 crore

capital market | Mumbai | January 02, 2015 00:00 IST

Fedders Lloyd Corporation has been awarded contracts aggregating to Rs. 106.99 crore by Odisha Power Transmission Corporation, Bhubaneshwar for Design, Engineering, Supply, Erection, Testing and Commissioning of Construction of 2X20 MVA, 132/33 KV Sub stations and associated transmission lines on turnkey basis, in various districts of Odisha in JV with M/s. Jagbankdhu Enterprise, Bhubaneshwar.

Pro Fin Capital Services to hold board meeting

capital market | Mumbai | January 02, 2015 00:00 IST

Pro Fin Capital Services will hold a meeting of the Board of Directors of the Company on 8 January 2015.

Nutraplus Products (India) to hold EGM

capital market | Mumbai | January 02, 2015 00:00 IST

Nutraplus Products (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 2 February 2015 .

Kitex Garments to hold board meeting

capital market | Mumbai | January 02, 2015 00:00 IST

Kitex Garments will hold a meeting of the Board of Directors of the Company on 12 January 2015, to take on record the un-audited financial results of the Company for the 3rd Quarter and nine months ended 31 December 2014 and appointment of Independent Directors as per provisions of Companies Act, 2013.

JSW Steel announces change in nominee director

capital market | Mumbai | January 02, 2015 00:00 IST

JSW Steel announced that Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) has vide its letter dated 29 December 2014 nominated Naveen Raj Singh, IAS, as its Nominee Director on the Board of the Company in place of V. P. Baligar, IAS.

HDFC Bank announces appointment of Chairperson

capital market | Mumbai | January 02, 2015 00:00 IST

HDFC Bank announced that Shyamala Gopinath has been appointed as part time Non-Executive Chairperson of the Bank for a period of 3 years with effect from 02 January 2015. The approval of shareholders of the Bank for her appointment has already been received by means of resolution passed by postal ballot. The Reserve Bank of India has also approved her appointment with effect from the date she assumes charge as Chairperson. Further note that she has assumed charge from 02 January 2015. She does not hold any shares in the Bank.

Corporation Bank gets ratings assigned for proposed AT-I bond issue

capital market | Mumbai | January 02, 2015 00:00 IST

Corporation Bank announced that India Ratings and Research, a unit of FITCH Ratings, has assigned the Ratings to the Proposed issue of Basel III compliant (i) Additional Tier-1 Bond issue of Rs. 500 crores with Green Shoe Option of Rs. 500 crores and (ii) Tier - 2 Bond of Rs. 250 crores with Green Shoe Option of Rs. 250 crores, of the Bank.

IndusInd Bank allots equity shares

capital market | Mumbai | January 02, 2015 00:00 IST

IndusInd Bank has allotted 5,45,590 (Five Lakhs Forty Five Thousand Five Hundred Ninety) equity shares of Rs. 10/- (Rupees Ten Only) each on 02 January 2015 to those grantees who had exercised their option under the Company's employee Stock Option Scheme.<p>The said shares will rank pari-passu with the existing shares of the Company in all respect.

Axis Bank to hold board meeting

capital market | Mumbai | January 02, 2015 00:00 IST

Axis Bank will hold a meeting of the Board of Directors of the Company on 16 January 2015.

Central Bank of India allots equity shares

capital market | Mumbai | January 02, 2015 00:00 IST

Central Bank of India announced that Capital Raising Committee of the Board of Directors of the Bank at their meeting held on 01 January 2015 has allotted 8,28,90,000 equity shares to Life Insurance Corporation of India subsequent to passing of the Special resolution by shareholders at their meeting held on 30 December 2014 to accord consent to the Capital Raising Committee/Board of the Bank to create, offer, issue and allot abovesaid shares to Life Insurance Corporation of India of the face value of Rs. 10/- per equity share at a price of Rs. 75.55 per Equity Share determined in accordance with Regulation 76 of SEBI ICDR Regulations aggregating to Rs. 626,23,39,500.00

Punjab & Sind Bank updates on proposed strike by United Forum of Bank Unions

capital market | Mumbai | January 02, 2015 00:00 IST

Punjab & Sind Bank announced that United Forum of Bank Unions (UBFU), has given a notice to IBA calling for All India Bank Strike on 07 January 2015 and from 21 January 2015 to 24 January 2015 and indefinite strike from 16 March 2015 onwards, for immediate wage revision of bank employees.

Indian Overseas Bank announces appointment of Managing Director & CEO

capital market | Mumbai | January 02, 2015 00:00 IST

Indian Overseas Bank announced that the Government of India, vide its notification dated 31 December 2014 and in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed R. Koteeswaran (Executive Director, Bank of India) as Managing Director & Chief Executive Officer of the Bank with effect from the date of his taking over charge of the post. He shall, as per the notification, hold office up to the age of superannuation, or until further orders, whichever is earlier.<p>R. Koteeswaran has taken over charge of the Bank as Managing Director and Chief Executive Officer on 31 December 2014.

Hisar Metal Industries appoints company secretary cum compliance officer

capital market | Mumbai | January 02, 2015 00:00 IST

Hisar Metal Industries announced that the Company has appointed Pardeep Nandal as Company Secretary of the Company with effect from 02 January 2015.<p>Further, Pardeep Nandal has also been appointed as the Compliance Officer of the Company.

Outcome of board meeting of Effingo Textile & Trading

capital market | Mumbai | January 02, 2015 00:00 IST

Effingo Textile & Trading announced that the Board of Directors of the Company at its meeting held on 31 December 2014, has approved the following matters:<p>1. Approval of Shifting of Registered Office of the Company to B-52, 5th Floor, Gurudev Apartment, R.C. Marg, Chembur Naka, Chembur, Mumbai - 400071 which is within the local limit of Mumbai City w.e.f. 01 January 2015.<p>2. To consider and accept appointment of Yogesh Kumar & Rakesh Kumar as Director of the Company.<p>3. To accept the resignation of Manish Jain, Rajendra Prasad Gogawat & Anil Tondon as Director of the Company.

Sunitee Chemicals appoints directors

capital market | Mumbai | January 02, 2015 00:00 IST

Sunitee Chemicals announced the appointment of Rajeshbhai Chhaganbhai Desai and Sagar Harshadkumar Soni as an Additional Directors of the Company w.e.f. 18 December 2014.

NTPC starts commercial operations at 15 MW solar PV power station

capital market | Mumbai | January 02, 2015 00:00 IST

NTPC announced that 15 MW Solar PV Power Station at Singrauli is declared on commercial operation w.e.f. 00:00 Hrs of 31 December 2014.<p>With this, the total capacity of non-conventional energy projects of NTPC has become 110 MW and the total commissioned and commercial capacity of NTPC group has become 43143 MW and 42643 MW respectively.

NMDC announces change in directorate

capital market | Mumbai | January 02, 2015 00:00 IST

NMDC announced that the Government of India has appointed D. S. Ahluwalia as Director (Finance) on the Board of NMDC for a period of five years with effect from the date of assumption of charge of the post or till the date of his superannuation or until further orders, whichever is the earliest.<p>In terms of the above Government Order, D. S. Ahluwalia has assumed charge of the post of Director (Finance) of the Company on 01 January 2015.<p>Further, notice is given that S. Thiagarajan retired from the services of the Company on 31 December 2014 on attaining the age of superannuation. Accordingly, he ceased to be Director (Finance) on the Board of NMDC w.e.f. 01 January 2015.

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Reports

Another day, another high

India Infoline News Service / 09:04, Jan 22, 2015

The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.

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