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Posts made in September, 2017

Press Release / Media Release

By on Sep 20, 2017 in Press Release | 0 comments

This is in furtherance to our letters REF:NS:SEC: dated 20th September, 2017 regarding intimation of acquisition of Erkunt Traktor Sanayii A.S. and Erkunt Sanayi A.S. and the Press Release issued subsequently on the same. Please find attached a Presentation made by the Company in the Press Conference on the captioned subject held today and being uploaded on the website of the Company. Pdf Link: Press Release / Media Release Source : BSE – www.bseindia.com Companies  »  Mahindra Mahindra Limited Quotes Snapshot Company Background Board of Directors Balance Sheet Profit Loss Quarterly Results Financial Ratios Share Holding Pattern Score Board MF Holdings...

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Press Release / Media Release

By on Sep 19, 2017 in Press Release | 0 comments

The Company displayed its Technology developed in house at its Mahindra Research Valley for a Driverless Tractor which will take farm mechanization to new heights. No product is being currently launched but the Company is voluntarily furnishing details in this regard as per clause 3.2 of Para B of the SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated 9th September, 2015 read with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in Annexure A to this letter. Please also find enclosed a Press Release issued in this regard. This is for your information. Kindly acknowledge receipt. Pdf Link: Press Release / Media Release Source : BSE – www.bseindia.com Companies  »  Mahindra Mahindra Limited Quotes Snapshot Company Background Board of Directors Balance Sheet Profit Loss Quarterly Results Financial Ratios Share Holding Pattern Score Board MF Holdings...

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Fraser Institute News Release: Ontario’s $15 minimum wage threatens jobs for young people and low-skilled workers …

By on Sep 19, 2017 in Press Release | 0 comments

TORONTO, ON–(Marketwired – September 19, 2017) – Raising Ontario’s minimum wage to $15 an hour — a staggering 32 per cent increase over the current minimum wage — will lead to job losses across the province for Ontario’s young and low-skilled workers, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Economic conditions are not the same across Ontario, so the negative effects of a $15 minimum wage — namely job losses for young and low-skilled workers — will be more severe in some areas of the province,” explained Ben Eisen, director of the Fraser Institute’s Ontario Prosperity Initiative and co-author of Ontario Enters Uncharted Waters with a $15 Minimum Wage. In analysing previous research, the study finds when the minimum wage is low relative to the average wage, there is a small, even negligible effect on job loss. That’s because when the ratio of the minimum wage to the average wage is low, any changes to it will affect very few workers. But as the minimum wage increases relative to the average wage, it affects more and more workers. Research shows that when the minimum wage passes 45 per cent of the average wage, the negative economic effects — mainly job loss for young and low-skilled workers — grow more severe. Throughout the province of Ontario, a $15 an hour minimum wage will be well above the 45 per cent threshold. Crucially, the average wage differs by region, which means the ratio — and the severity of the job losses — will vary. In Toronto, a $15 minimum wage will be 47 per cent of the city’s average wage, but elsewhere in the province, the ratio will be much higher due to lower average wages. For example, a $15 minimum wage in Hamilton, London and the Windsor-Sarnia regions will be 56 per cent of the average hourly wage there — again, well above the 45 per cent threshold beyond which negative economic effects grow more severe. And a $15 minimum wage will be 53 per cent of the average hourly wage in Thunder Bay and Sault Ste. Marie; and 51 per cent in North Bay and Sudbury. “Young people and...

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Press Release: Barbuda Clean-up Operations

By on Sep 18, 2017 in Press Release | 0 comments

Minister of Health, Molwyn Joseph (Observer file photo) Since the devastation of Barbuda by Hurricane Irma, the Minister of Health and the Environment, Honourable Molwyn Joseph, the Permanent Secretary and the senior technicians of the ministry have been meeting more than once daily, to plan the various aspects of our response to the crisis. This response involves, first of all, the many urgent questions of health and hygiene surrounding the official shelters in Antigua, where hundreds of Barbudan adults and children are housed.  Then, there is the question of dealing with potential public health hazards in the cleanup operations of Barbuda; mosquito-borne disease, water-borne disease, etc. Certain measures had to be taken before a significant number of workers could function there. On Thursday, September 14th, senior Public Health Workers from Barbuda met with us at the Ministry of Health and the Environment, to plan the immediate public health approach in Barbuda, as the official beginning of the cleaning process. Vector control, with mosquitoes and rats as the main targets, water purification, and the rescue and care of animals, especially dogs, were the agreed priorities. A suitably equipped and stocked medical post, operated by members of the Emergency Medical Services, was also planned, along with the start of cleanup activities. The Public Health Team, including Barbudans, planned to travel on Saturday morning, September 16th, to start the fogging and the other planned public health activities. Those activities would be followed, within two days, by the collection of loose metal sheeting, the disconnection of electrical cables from fallen posts, and the cutting up of those posts, along with the fallen trees and loose boards in the streets. On Friday 15th, a delegation led by Minister Joseph, and including senior technicians of the ministry, the Vector Control Officer of Barbuda, senior technicians from Solid Waste and from Public Works, the Director of the National Office of Disaster Services, and the head of the Humane Society, visited Codrington. Based on the observations made, decisions were taken regarding accommodation for the initial workers, the location of the medical post and the site for a dog shelter. The equipment and general machinery , as well as some materials that would be necessary, were also decided...

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