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Discussion in 'Must-Read Interviews, Articles & News Items' started by RAMA MURTHY SASTRY CHALLA, Oct 27, 2015.

  1. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    GDF International to sell 10% stake in Petronet LNG

    GDF has offered each of the Promoter a first right of purchase/refusal in relation to the proposed sale of 10% equity shares in the Company

    GDF International, who is holding 10% Equity Share Capital in Petronet LNG, has proposed to divest its entire shareholding in the Company. GDF has offered each of the Promoter a first right of purchase/refusal in relation to the proposed sale of 10% Equity Shares in the Company in the same proportion in which the promoter are holding equity shares in the Company.

    Petronet LNG (PLL) is engaged in sale of re-gasified liquefied natural gas (RLNG). The company is engaged in the import and re-gasification of liquefied natural gas (LNG). The company operates through the segment of natural gas business.
    source: ventura
     
  2. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Shree Renuka Sugars issues shares worth Rs 27.21 crore to SCB

    The paid up share capital of the company stands increased from about Rs 92.88 crore to Rs 94.52 crore

    Shree Renuka Sugars has allotted shares worth Rs 27.21 crore to Standard Chartered Bank (SCB) against the part-conversion of its loan. The allotment committee of the Board of Directors approved the allotment of 1,64,35,338 equity share of face value of Re 1 at a price of Rs 16.56 per equity shares aggregating to Rs 27,21,69,197.28 to SCB. As a result, the paid up share capital of the company stands increased from about Rs 92.88 crore to Rs 94.52 crore.

    Shree Renuka Sugars is a global agribusiness and bio-energy corporation. The company is one of the largest sugar producers in the world, the leading manufacturer of sugar in India, and one of the largest sugar refiners in the world.
    source: ventura
     
  3. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Varun Beverages divests 41% stake in Varun Beverages Mozambique

    The subsidiary contributed only 0.6% to the net revenues in 2016

    Varun Beverages (VBL), a key player in the beverage industry, has divested 41% stake in its Mozambique subsidiary, Varun Beverages Mozambique. The subsidiary contributed only 0.6% to the net revenues in 2016.

    The divestment of the stake is in view of limited opportunity to scale-up operations which would have enabled the company to turnaround the loss making subsidiary. The company continues to hold a residual stake of 10% in the unit. The subsidiary recorded a loss of Rs 99 million in CY2016.

    Varun Beverages is one of the largest franchisee in the world (outside US) of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo. The company produces and distributes a wide range of CSDs, as well as a large selection of NCBs, including packaged drinking water.
    source: ventura
     
  4. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Oil India inks MoU to augment reserves base, maximize recovery from ageing oilfields

    The major focus of the MoU with University of Houston is collaboration in the areas of improved oil recovery and EOR for augmenting the production from matured fields

    Oil India (OIL) has signed a MoU with the University of Houston in a bid to augment its reserves base and maximize recovery from its ageing oilfields. The major focus of the MoU is collaboration in the areas of improved oil recovery and enhanced oil recovery (EOR) for augmenting the production from matured fields, improvement in drilling and well intervention practices, seismic interpretation and reservoir characterization studies, and unconventional hydrocarbon studies.

    Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company, while IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.
    source: ventura
     
  5. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    SGX Nifty Today at 9194 at 7.26 am (Indian time )
    source : sgxnifty dot org
     
  6. Bhavna chhaya

    Bhavna chhaya New Member

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    Ok. Thanks RAMA SIR.
     
  7. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Dabur India launches mobile honey-testing lab

    The company’s mobile honey-testing lab will offer rapid and cost-effective services to test the quality of honey from the source, thereby cutting off adulteration

    Dabur India has launched an on-the-wheels lab to test honey so as to help reduce adulteration and ensure greater purity of the product. With the help of the mobile honey-testing lab, bee-keepers can now test the purity of their honey and avoid adulteration.

    The mobile honey-testing lab was flagged off from Dabur Research and Development Centre in Sahibabad. The company’s mobile honey-testing lab will offer rapid and cost-effective services to test the quality of honey from the source, thereby cutting off adulteration.
    source: ventura
     
  8. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Glenmark Pharmaceuticals receives EIR for Ankleshwar plant

    The EIR is issued by the USFDA only if it finds the facility to be deemed acceptable

    Glenmark Pharmaceuticals has received the EIR (Establishment Inspection Report) for its Ankleshwar plant. The EIR is issued by the US Food and Drug Administration (USFDA) only if it finds the facility to be deemed acceptable.

    The company has recently has received USFDA clearance for its Investigational New Drug (IND) application to begin a Phase 2 study of GSP 304 (tiotropium bromide) for administration by nebulization for the long term, once-daily, maintenance treatment of bronchospasm associated with chronic obstructive pulmonary disease (COPD).

    Glenmark Pharmaceuticals is a global innovative pharmaceutical company with operations in more than 80 countries. It has a diverse pipeline with several compounds in various stages of clinical development primarily focused in the areas of oncology, respiratory disease, and dermatology.
    source: ventura
     
  9. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Heritage Foods commissions 1st cattle feed plant in Andhra Pradesh
    source : moneycontrol
     
  10. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Heritage Foods commissions first Cattle Feed Plant in Andhra Pradesh

    The successful commissioning has been possible due to the unstinted efforts by the Heritage Team and Several Vendors

    Heritage Foods (HFL) has commissioned first Cattle Feed Plant located at APIIC industrial area, Gollapuram (Vill), Hindupur (Mandal), Anantapur District in Andhra Pradesh on March 15, 2017. This is fully automatic cattle feed plant with latest technology with a capacity of 200 Tons Per Day.

    The successful commissioning of the plant has been possible due to the unstinted efforts by the Heritage team and several vendors. This plant can provide high quality and nutrient cattle feed to the cattle of the farmers for further improvement of their living.

    Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.
    source: ventura
     
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