Stocks

Corporate News

Our Bureau Coimbatore | Updated on February 14, 2011

Balrampur Chini Mills Ltd will convene its board of directors on February 22 to consider buyback of equity shares of Re. 1 each.

Redington (India) Ltd has said that Apple India Private Ltd has appointed it as the distributor of iPad Tablet across India in addition to the existing arrangement for distribution of their products: iPods, desktop and note books.

This new partnership with Apple is part of Redington's initiative to give more options to customers in the fastest growing mobile market which is seeing a surge in sales of smart phones and other high-end devices and gives a fillip to the company's quest to add more life style products catering to up-market customer segments in the Non-IT space In India.

Sandur Manganese and Iron Ores Ltd's board of directors on Saturday gave its in-principal approval for exploring the possibilities of merging Star Metallics and Power Pvt Ltd (SMPPL) with the company. The company holds 74 per cent stake in SMPPL.

Supreme Infrastructure India Ltd's board of directors, to meet the long term fund requirements, has approved the issue of Non-Convertible Redeemable Preference shares.

Published on February 14, 2011

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