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Stock Market & Financial Investment News

News Breaks
January 14, 2013
08:44 EDTIGCIndia Globalization Capital regains compliance with NYSE
India Globalization Capital announced that it had received notice from the New York Stock Exchange on January 11 stating that the company has regained compliance with Section 1003(f)(iv) of the Exchange's Company Guide. As previously stated Section 1003(f)(iv) pertains to the non payment of listing fees.
News For IGC From The Last 14 Days
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October 9, 2014
08:03 EDTIGCIndia Globalization Capital receives land in India as settlement
India Globalization Capital announces that it has received land in Nagpur, India, valued at over $4M in exchange for IGC's 22% minority ownership in Sricon. IGC's heavy equipment rental business in India and the trading business in Hong Kong have a large potential for expansion. The company plans to use this land in Nagpur as collateral for bank lines that can provide increased liquidity for these businesses.

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