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LON100:CCL, Apr 21, 07:22 UTC

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Punjab CM writes to Modi,Paswan to settle Rs.3100 crore CCL gap

CCL

'Punjab CM writes to PM, Paswan to settle Rs 31,000 cr CCL gap.', "Punjab Chief Minister Capt Amarinder Singh has reiterated his demand for the implementation of the 'principle of shared responsibilities' by the Centre to settle Rs 31,000 crore Cash Credit Limit (CCL) gap amount that had been converted by the Union Government into long term loan.The CCL gap cannot be solely attributed to Punjab, the Chief Minister has said, in separate letters to Prime Minister Narendra Modi and Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan.The gap, that had arisen due to systemic and structural reasons, should be addressed through the 'principle of shared responsibilities' amongst the stakeholders in the procurement process of foodgrains in Punjab, Capt Singh has stated in his letters, pointing out that he had raised this issue even earlier.After his letter of January 15, 2018, a meeting on the matter was held at the level of Secretary Expenditure on February 20, 2018, in which representatives of the Department of Banking, Department of Food and Public Distribution and the Government of Punjab had participated, the Chief Minister recalled.However, no decision has yet been taken, he said, urging the Prime Minister to intervene in the matter to operationalise the suggested principle of shared responsibilities amongst the Union Government, the Government of Punjab and the consortium of banks.In separate letters to Mr Paswan, the Chief Minister has raised the issue of release of the pending VAT payment, as well as non-reimbursement of actual expenditure on procurement of gunny bags, to the state procurement agencies.Capt Singh has drawn the minister's attention to his earlier communication of March 26, 2018, regarding reimbursement of VAT amounting to Rs 952 crore to the state procurement agencies.Although, the Food Corporation of India has admitted that the amount of VAT paid by the state procurement agencies is to be reimbursed, no further progress has yet been reported, he observed, adding that as a result of delay in release of this amount, the state procurement agencies had to borrow to fill the gap for timely authorization of CCL for the current rabi marketing season.More UNI DB Ae 1550 -- (UNI) -- C-1-DL0454-1335307.Xml.", 'Punjab CM writes to PM, Paswan to s... AAP dispenses Gurpreet Singh Gora f... Gulmarg, other upper reaches receiv... Akai Indian launches new range of I...', "Girl forced to marry youth; commits... Parag Milk Foods acquires Danone's... Man dies in hospital after tree fal... Indian-Malaysian Army to hold exerc..."

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Monday, April 16


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CCL Industries Inc. Announces $300 Million Offering of

CCL

CCL Industries Inc. Announces $300 Million Offering of 3.864% Notes due 2028. TORONTO, April 11, 2018 (GLOBE NEWSWIRE) CCL Industries Inc. (TSX:CCL. The notes are being offered on an agency basis by a syndicate of dealers co-led by BMO Capital Markets and Scotiabank. CCL is the world’s largest converter of pressure sensitive and extruded film materials for a wide range of decorative, instructional, functional and security applications for government institutions and large global customers in the consumer packaging, healthcare and chemicals, consumer electronic device and automotive markets. Innovia is a leading global producer of specialty, high performance, multi-layer, surface engineered films for label, packaging and security applications.

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Friday, April 13


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CCL Industries Inc. Announces Closing of $300 Million Offering of 3.864% Notes due 2028 Toronto Stock Exchange:CCL-A

CCL

Forward-looking statements in this press release include statements concerning the intended use of proceeds. Forward-looking statements include all statements that are predictive in nature or depend on future events or conditions. Should one or more risks materialize or should any assumptions prove incorrect, then actual results could vary materially from those expressed or implied in the forward-looking statements. CCL is the world’s largest converter of pressure sensitive and extruded film materials for a wide range of decorative, instructional, functional and security applications for government institutions and large global customers in the consumer packaging, healthcare and chemicals, consumer electronic device and automotive markets.

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Thursday, April 12


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CCL Industries Announces Bolt-on Acquisition for Avery Toronto Stock Exchange:CCL-A

CCL

Forward-looking statements include all statements that are predictive in nature or depend on future events or conditions. Specifically, this press release contains forward-looking statements regarding the anticipated sales and EBITDA for Imprint Plus; the Company’s ability to provide a wide range of products to multinational customers on a global basis; Except as otherwise indicated, forward-looking statements do not take into account the effect that transactions or non-recurring or other special items announced or occurring after the statements are made may have on the Company’s business.

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Wednesday, April 11


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CCL Industries Inc. Announces $300 Million Offering of 3.864% Notes due 2028 Toronto Stock Exchange:CCL.A

CCL

Forward-looking statements in this press release include statements concerning the expected proceeds from the offering of the notes, the closing of the offering, including the timing thereof, and the intended use of proceeds. CCL Industries Inc. Announces $300 Million Offering of 3.864% Notes due 2028. NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES. Forward-looking statements are also based on a number of assumptions, which may prove to be incorrect, including, but not limited to, assumptions about the following: the continued availability of capital; CCL is the world’s largest converter of pressure sensitive and extruded film materials for a wide range of decorative, instructional, functional and security applications for government institutions and large global customers in the consumer packaging, healthcare and chemicals, consumer electronic device and automotive markets.

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Carnival updates on capital allocation

CCL CCL

Carnival Corporation (NYSE:CCL) announces an 11% increase in its quarterly dividend payout rate. The cruise line operator also approved the re-authorization of up to $1B in share repurchases covering both Carnival Corporation common stock and Carnival plc (NYSE:CUK) ordinary shares. In just three years, we have doubled our quarterly dividend and invested $3.5 billion in Carnival stock. CFO update: "With $6 billion of cash from operations expected in 2018, we remain committed to distributing cash to shareholders as evidenced by another 11 percent increase in our dividend, combined with another $1 billion share repurchase authorization, reflecting continued confidence in our outlook.

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Tuesday, April 10


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Wheat procurement: Punjab’s wait for CCL ends, RBI clears Rs 18,124 crore – The Indian Express

CCL QSR

Wheat procurement: Punjab’s wait for CCL ends, RBI clears Rs 18,124 crore. Punjab’s wait for Cash Credit Limit (CCL) for wheat procurement season has finally ended with Reserve Bank of India (RBI) clearing a sum of Rs 18,124.85 crore on Tuesday. The Centre had also put a precondition that the state should first square off its CCL account by clearing the pending dues of Rs 950 crore. The release added that CM’s personal intervention in the 2017 Rabi season had led to the RBI enhancing the CCL for the state to Rs 20,683 crore from the previously sanctioned amount of Rs 17,994.21 crore.

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CCL cleared for purchase of wheat

CCL

Chandigarh, Apr 10 () The Reserve Bank of India (RBI) today cleared a sum of Rs 18,124.85 crore towards Cash Credit Limit (CCL) for Punjab for the purchase of wheat in the ongoing Rabi marketing season. With this, the bulk of the total CCL of Rs 21,179.60 crore sought by the state government for the purchase of 130 lakh tonnes of wheat in this season has been released. The state government has already made extensive arrangements for smooth procurement, with the chief minister issuing strict directives to the Food & Civil Supplies Department to ensure that the farmers do not face any hassles in the procurement of their grain. The chief minister has also ordered the DGP to ensure strict enforcement of the ban on transport cartels.

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Friday, April 06


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Carnival PLC - Voting Rights and Capital

CCL

Carnival PLC - Voting Rights and Capital. In accordance with the FCA’s Disclosure and Transparency Rules, at 9:00 a. Eastern Time on 31 March 2018 Carnival plc had 206,637,886 issued ordinary shares of US$1.66 each admitted to trading. Although Carnival plc has 206,637,886 issued and outstanding ordinary shares, the 24,901,144 ordinary shares held by Carnival Investments Limited and 1,115,450 ordinary shares held by Carnival Corporation do not carry the right to vote (in accordance with the Articles of Association of Carnival plc).

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