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Glenmark Pharmaceuticals enters into licensing agreement with APC Therapeutics
Jun 21,2017

Glenmark Pharmaceuticals has entered into a licensing agreement with Boston-based APC Therapeutics Inc., a biopharmaceutical company focused on building a portfolio of best-in-class immuno-oncology (IO)therapies, for exclusive rights to a small molecule, oncology compound based on Antigen Presenting Cell (APC) biology. The compound has the potential to be used as a monotherapy or in combination with approved therapies to address unmet needs in cancer treatment.

Under the terms of the agreement, Glenmark will license the product from APC Therapeutics, and manage all clinical development including regulatory filings and commercialization worldwide. APC Therapeutics will receive development milestones and sales royalty payments.

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ALTBalaji integrates JioMoney as a payments platform
Jun 20,2017

ALTBalaji has integrated with JioMoney, the mobile wallet from Reliance Payment Solutions to provide digital transaction experience to its subscribers. The integration will enable easy and hassel-free subscription payments for ALTBalajis customers.

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Board of Kirloskar Oil Engines approves acquisition of La-Gajjar Machineries
Jun 20,2017

The Board of Directors of Kirloskar Oil Engines at its meeting held on 19 June 2017 approved the proposal for acquisition of 100% equity shares of La-Gajjar Machineries (LGM). This is subject to signing of Definitive agreements.

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Indiabulls Ventures allots 17,58,600 equity shares
Jun 20,2017

Indiabulls Ventures has allotted 17,58,600 equity shares under ESOP. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased to Rs. 88,47,82,004/- divided into 44,23,91,002 Equity shares of face value Rs. 2/- each.

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Thomas Cook (India) provides update on subsidiary - Travel Corporation (India)
Jun 20,2017

Thomas Cook (India) announced that on 20 June 2017 it has received an intimation from Travel Corporation (India), wholly owned subsidiary of the Company, intimating that it has successfully subscribed to 49% of equity share capital of TCI-Go Vacation India , a joint venture Company with DER Touristik Group.

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Adinath Exim Resources allots convertible warrants to Promoter Group
Jun 20,2017

Adinath Exim Resources has allotted 215,000 convertible warrants of Rs 26 each to be converted into equivalent number of equity shares of Rs. 10 each at a premium of Rs 16 per share to Shantilal savla Family Trust, Promoter Group, in terms of the Special Resolution passed at the Annual General Meeting of the Company held on 12 June 2017.

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Sam Industries announces resignation of director
Jun 20,2017

Sam Industries announced the resignation of Santosh Munchal from the post of Independent Director on 20 June 2018.

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Thacker & Company allots 3,00,069 equity shares
Jun 20,2017

Thacker & Company has allotted 3,00,069 bonus shares of face value of Re 1 each on 20 June 2017. With this allotment, the equity share capital of the Company has increased to Rs 10.88 lakh comprising of 10,88,169 equity shares of Re 1 each.

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Board of Magma Fincorp approves scheme of merger
Jun 20,2017

The Board of Directors of Magma Fincorp at its meeting held on 20 June 2017 has considered and approved the Scheme of Merger of Magma Advisory Services (wholly owned subsidiary) with Magma Fincorp.

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Piramal Enterprises to issue NCDs aggregating Rs 1100 cr
Jun 20,2017

Piramal Enterprises announced that the Administrative Committee of Board of Directors of the Company at its meeting held on 20 June 2017 has approved the issue of secured Non Convertible Debentures on private placement basis upto Rs 600 crore with an option to retain over subscription of Rs 500 crore, aggregating the total issue size to Rs 1100 crore.

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Infra Industries announces resignation of company secretary
Jun 20,2017

Infra Industries announced the resignation of Pooja K. Gandhi from the post of Company Secretary and Compliance officer of the Company with effect from 20 June 2017.

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Board of Mangal Credit & Fincorp approves change in directorate
Jun 20,2017

Mangal Credit & Fincorp announced that the Board of Directors of the Company at its meeting held on 20 June 2017 has approved the appointment of Gurumurthy Ramchandran as Additional Director and resignation of Sunil Ramchandran Nair, Neeta Maloo and Nirupama Duttatray.

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Max India allots 1,93,84,854 convertible warrants
Jun 20,2017

Max India has allotted 1,93,84,854 convertible warrants to Mohair Investment and Trading Company (Promoter Group Company) on receipt of Rs. 75 crore, being the 25%of the warrant subscription amount (Upfront Warrant Subscription Amount) in terms of Regulation 77 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

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Board of ICICI Bank approves fund raising via issue of long term bonds
Jun 20,2017

ICICI Bank announced that the Committee of Executive Directors of the Bank at its meeting held on 20 June 2017 has approved the proposal for fund raising by way of issuance of senior unsecured long term bonds in the nature of debentures in single/multiple tranches on private placement basis.

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Indag Rubber appoints director
Jun 20,2017

Indag Rubber has appointed Harjiv Singh as an Independent Director of the Company to hold office till 31 March 2019.

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