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BIFR approves revival scheme of Mardia Samyoung

Written By Unknown on Selasa, 15 Januari 2013 | 14.02

Tue, Jan 15, 2013 at 12:23

Mardia Samyoung Capillary Tubes Company has informed that the Board for Industrial & Financial Reconstruction (BIFR) vide its order dated August 09, 2012, sanctioned the Revival Scheme.

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BIFR approves revival scheme of Mardia Samyoung

Mardia Samyoung Capillary Tubes Company has informed that the Board for Industrial & Financial Reconstruction (BIFR) vide its order dated August 09, 2012, sanctioned the Revival Scheme.

Like this story, share it with millions of investors on M3

BIFR approves revival scheme of Mardia Samyoung

Mardia Samyoung Capillary Tubes Company has informed that the Board for Industrial & Financial Reconstruction (BIFR) vide its order dated August 09, 2012, sanctioned the Revival Scheme.

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Mardia Samyoung Capillary Tubes Company Ltd has informed BSE that the Board for Industrial & Financial Reconstruction (BIFR) vide its order dated August 09, 2012, sanctioned the Revival Scheme (herein referred as "the scheme"). The Revival Scheme consists of Scheme of Amalgamation between Mardia Extrusions Limited (MEL) the First Transferor Company and Mardia Tubes Limited (MTL), The Second Transferor Company with Mardia Samyoung Capillary tubes Company Limited (MSL), Restructuring of Share Capital of the Company Post Amalgamation, Infusion of Funds in the Company through Preferential Issue to strategic investors and other exemption / relief / concession in the said scheme.The Scheme has been made effective by filing the said order of the Hon'ble Board for Industrial & Financial Reconstruction (BIFR), with the Registrar of Companies, Maha rashtra, Mumbai on January 12, 2013.Source : BSE

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From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

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Phoenix Mills appoints Gautam Nayak as non-executive director

Tue, Jan 15, 2013 at 12:23

Phoenix Mills board of directors through a Circular Resolution has appointed Mr. Gautam Nayak as an Additional Director and Non-Executive Director of the Company with effect from January 14, 2013.

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Phoenix Mills appoints Gautam Nayak as non-executive director

Phoenix Mills board of directors through a Circular Resolution has appointed Mr. Gautam Nayak as an Additional Director and Non-Executive Director of the Company with effect from January 14, 2013.

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Phoenix Mills appoints Gautam Nayak as non-executive director

Phoenix Mills board of directors through a Circular Resolution has appointed Mr. Gautam Nayak as an Additional Director and Non-Executive Director of the Company with effect from January 14, 2013.

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Phoenix Mills Ltd has informed BSE that the Board of Directors of the Company through a Circular Resolution has appointed Mr. Gautam Nayak as an Additional Director and Non-Executive Director of the Company with effect from January 14, 2013.Source : BSE

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From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18


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Nakoda management committee meeting on Jan 18, 2013

Tue, Jan 15, 2013 at 12:24

The meeting of the Management Committee of Board of Directors of Nakoda will be held on January 18, 2013, to allot Warrants on preferential basis.

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Nakoda management committee meeting on Jan 18, 2013

The meeting of the Management Committee of Board of Directors of Nakoda will be held on January 18, 2013, to allot Warrants on preferential basis.

Like this story, share it with millions of investors on M3

Nakoda management committee meeting on Jan 18, 2013

The meeting of the Management Committee of Board of Directors of Nakoda will be held on January 18, 2013, to allot Warrants on preferential basis.

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Nakoda Ltd has informed BSE that the meeting of the Management Committee of Board of Directors of the Company will be held on January 18, 2013, to allot Warrants on preferential basis.Source : BSE

Read all announcements in Nakoda

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18


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Muthoot Finance Q3 profit rises 7.6% to Rs 270 cr

Written By Unknown on Senin, 14 Januari 2013 | 14.02

Muthoot Finance , one of the largest gold loan financing companies in India, has reported net profit of Rs 270 crore in third quarter of current financial year 2012-13, up 7.6 percent compared to a year ago period.

Total income of the company during the same quarter jumped 11 percent to Rs 1,365.3 crore from Rs 1,230.8 crore in a year ago quarter.

At 12:12 hours IST, the stock was up 6.17 percent to Rs 229.65 on Bombay Stock Exchange.



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India accuses Pakistan of planning deadly Kashmir incident

NEW DELHI (Reuters) - India's army chief accused Pakistan on Monday of planning a shootout along Kashmir's de facto border in which two Indian soldiers died, and said he had instructed commanders to respond aggressively if there is a provocation from the other side.

"The attack on January 8 was premeditated, a pre-planned activity. Such an operation requires planning, detailed reconnaissance," General Bikram Singh told a news conference in New Delhi.

"I expect all my commanders at the Line of Control to be both aggressive and offensive in the face of provocation and fire," he added,

He was speaking about an hour before commanders from both sides on the so-called Line of Control (LoC) dividing the Himalayan territory were due to hold talks to defuse tension after a week that saw two soldiers killed on each side.

It was the most serious outbreak of violence in Kashmir since the nuclear-armed neighbours agreed a ceasefire nearly a decade ago.

(Reporting by Satarupa Bhattacharjya and Sanjeev Miglani; Writing by John Chalmers; Editing by Robert Birsel)



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JSW Steel crude steel production grew by 8% in Q3 FY13

Mon, Jan 14, 2013 at 12:24

JSW Steel has reported 8% growth in crude steel production in Q3 FY13 compared to that of corresponding period of last fiscal year.

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JSW Steel has reported 8% growth in crude steel production in Q3 FY13 compared to that of corresponding period of last fiscal year.Source : BSE

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To read the full report click here

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India should give strong reply to Pak firing: Swamy

Written By Unknown on Minggu, 13 Januari 2013 | 14.02

Rameswaram (TN),Jan 12(PTI) Janata Party president Subramanian Swamy today said India should give a strong reply to the "intermittent firing" by Pakistan soldiers. "India should give a strong reply to the intermittent firing by Pakistan soldiers. Unfortunately, there is an inefficient and ineffective government at the Centre," he told reporters here. He alleged that previous DMK government was responsible for the present power crisis in Tamil Nadu. He said if he became the Chief Minister he would ensure 24 hours power supply. To a question on Chief Minister Jayalalithaa announcing that AIADMK would not have an alliance with BJP or Congress for Lok Sabha polls, he said there was still time. Jayalalithaa had said her party would go it alone in the next Lok Sabha polls and secure all 40 seats (39 in Tamil Nadu and one in Puducherry) to assert its rights in Delhi. PTI CORR SSN BN KAS MAV


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Jamieson five clear in wet Durban as Oosthuizen slips up

By Michael Todt

DURBAN (Reuters) - Britain's Scott Jamieson capitalised on a rare bad round from 2010 British Open champion Louis Oosthuizen with a four-under-par 68 to seize a five-stroke lead in the Volvo Golf Champions on Saturday.

Second-round leader Oosthuizen's poor front nine of 40 on his way to a 74 left him in a three-way share of second at 10-under (206) with Frenchman Julien Quesne (67) and Thongchai Jaidee (73).

Triple major winner Padraig Harrington scorched back to the clubhouse in 31 over the closing nine holes and his 67 placed him joint-fifth at eight-under with Italian Francesco Molinari (68).

Jamieson, who claimed his first European Tour victory in Durban five weeks ago at the inaugural Nelson Mandela Championship, began his round in overcast conditions with a bogey at the first hole.

A birdie at the second was offset by another bogey at the par-three fourth hole but the Scot soon clicked into gear as the rain began to pour down on the par-five eighth, when a glorious iron from over 200 yards to six feet handed him an eagle.

"The eighth is definitely what got me kick started," the 29-year-old told reporters.

"I hit a great tee shot and then I was in the middle of the fairway and thought to myself that I had a good chance at birdie. I hit a great shot to five or six feet and holed it."

Jamieson later holed a chip at the par-four 11th which began a run of three consecutive birdies and although a wayward approach at the 17th cost him a shot, he recovered with a chip-and-putt birdie at the 18th to restore his five-stroke cushion.

"On 11, I was possibly looking at a bogey and managed to chip in for a birdie. So that was perhaps a little bit of a steal, but it kept up my momentum," said Jamieson.

"I didn't play as well as I did the first two days, especially yesterday from tee to green. But I managed to score well, which is the main thing. I'm delighted to be in the position I'm in."

SUNDAY SHOWDOWN

Jamieson said capturing his first win last month will stand him in good stead when he starts his final round.

"It's obviously slightly different circumstances, but I was very grateful that I got to the playoff and then won," said the world number 100, who beat Steve Webster and Eduardo de la Riva in the rain-shortened 36-hole event.

"I gained a lot of experience and had I shot one better in the morning and not gotten to experience a playoff, then I wouldn't have learned as much.

"There's still a long way to go, so I will just stick to my game plan as best I can. We'll see if I'm here tomorrow night."

Quesne, who last year won the Andalucia Open for his first title, fired a second consecutive 67 and the Frenchman feels he is right in contention despite the poor weather.

"I've played very well this week. I knew that I could have a low score on this course. It suits my game because it is tricky," Quesne told Reuters.

"I didn't feel too bad in the conditions. I like playing with the wind, so it's good for my game. I have a low trajectory, so I can control the ball well on days like today. I feel good about my chances tomorrow."

Four-times major winner Ernie Els was 10 strokes behind Jamieson after carding a one-under 71 while compatriot Retief Goosen, a double U.S. Open champion, continued his comeback from five months out with a 70 to lie on four-under (212). (Editing by Tom Pilcher)



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Qatar revives proposal to send an Arab force to Syria

CAIRO (Reuters) - Qatar has made a fresh call for an Arab force to end bloodshed in Syria if current diplomatic efforts by international peace envoy Lakhdar Brahimi fail, according to the Doha-based al Jazeera television.

Brahimi is trying to build on an agreement reached in Geneva on June 30 calling for a transitional period in Syria. But differences between Russia and the United States over the future of President Bashar al-Assad continue to block a deal to end 21 months of violence that has killed more than 60,000 Syrians.

"Arabs must think seriously about sending forces to ensure security in Syria if diplomatic efforts fail to resolve the crisis," Qatar's Prime Minister and Foreign Minister, Sheikh Hamad bin Jassim al-Thani, said in remarks broadcast by al Jazeera television.

"It is not a question of intervention in Syria in favour of one party against the other, but rather a force to preserve security," Sheikh Hamad, who also heads an Arab League committee on Syria, said.

The Gulf Arab state, a supporter of rebels seeking to overthrow Assad, made a similar proposal in September.

In a speech to the U.N. General Assembly, Qatari Emir Sheikh Hamad bin Khalifa al-Thani said Arab states should intervene in Syria given the U.N. Security Council's failure to stop the civil war.

Apart from Qatar, Saudi Arabia and Turkey strongly support the mainly Sunni Muslim Syrian rebels, while Shi'ite Iran backs Assad, whose Alawite minority is an offshoot of Shi'ite Islam.

Russia on Saturday voiced support for Brahimi's efforts but insisted Assad's exit cannot be a precondition for a deal to end the country's conflict.

Brahimi indicated the issue of Assad, whom the United States, European powers and Gulf-led Arab states insist must step down to end the war, was a sticking point at a meeting on Friday with envoys from Russia and the United States.

"We support this effort," said Sheikh Hamad, refering to Brahimi's peace initiative. "But until when? We cannot wait forever on this issue." (Reporting by Ahmed Tolba; Writing by Sami Aboudi in Dubai; Editing by Rosalind Russell)



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Expect 6-8% upside in Hexaware, Polaris: SP Tulsian

Written By Unknown on Sabtu, 12 Januari 2013 | 14.02

Hexaware Technologies and Polaris Financial Technology can add 6-8%, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, "I will remain away from the larger ones because we have already seen Wipro moving up last week by about 6-7 percent. TCS also has come closer to a price to earnings (P/E) multiple of Rs 17-18 but I see quite a good ideas available in the midcap IT space. There are four-five stocks but I have zeroed in Hexaware and Polaris. If you see the performance of both the companies, they have been quite robust and I think considering the results now of Infosys and the expectations built on all the IT stocks, one should look for these midcap IT stocks for a relative performance."

He further added, "The gains are still seen much more on a relative performance basis. So Hexaware is likely to come out with good numbers in the first week of February and Polaris is also expected to post better numbers. So maybe an upside of about 6-8 percent can be expected on both the stocks next week."



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