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Tata Communications launches IZOn++ SDWAN
Nov 29,2016

Tata Communications has launched the latest addition to its IZOn++ cloud enablement platform - IZOn++ SDWAN. As the myriad of different applications, clouds, data sources and connections create complexity for organisations, IZOn++ SDWAN helps them detangle this complexity and propel their growth through seamless, secure and easy-to manageconnectivity across 130 countries spanning both developed and emerging markets.

Underpinned by Tata Communications global network, IZOn++ ecosystem, and partnerships with the worlds biggest cloud companies, IZOn++ SDWAN boosts agility and flexibility for organisations. By enabling the instant deployment of branch office networks anywhere in the world, the new service helps organisations to expand and introduce new products and services faster, and adapt to rapidly changing market conditions.

Tata Communications fast-growing IZOn++ ecosystem gives multinational organisations the freedom to choose a cloud environment best suited to their requirements, underpinned by Tata Communications leading global network and partnerships.

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HDFC Bank allots equity shares
Nov 29,2016

HDFC Bank has allotted on 29 November 2016, 3727100 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Schemes (ESOS).

The paid up share capital of the Bank will accordingly increase from Rs. 5098540634 equity shares of Rs 2/- each to Rs. 5105994834 equity shares of Rs 2/- each.

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RBL Bank allots equity shares
Nov 29,2016

RBL Bank has allotted 259,723 (Two Lac Fifty Nine Thousand Seven Hundred & Twenty Three) equity shares of face value Rs. 10 each on 28 November 2016 under the ESOP Schemes of the Bank.

Consequent to the above allotment, the paid up share capital of the Bank has increased from 372,314,333 equity shares of Rs. 10 each aggregating Rs. 3,723,143,330 to 372,574,056 equity shares of Rs. 10 each aggregating Rs. 3,725,740,560.

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Cipla appoints director
Nov 29,2016

Cipla has appointed Ireena Vittal as an independent director on its Board with effect from 01 December 2016.

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Thomas Cook (India) provides update on subsidiary - Quess Corp
Nov 29,2016

Thomas Cook (India) provided the following update received from its subsidiary, Quess Corp (formerly IKYA Human Capital Solutions Limited) -

a. Appointment of Sudershan Pallap as the Compliance Officer and Company Secretary of the Company in place of N.V.S. Pavan Kumar, who has resigned from the post of Compliance Officer and Company Secretary of the Company w.e.f. 28 November 2016.

b. Approved subscription to Compulsorily Convertible Preference Shares (CCPS) of Manipal Integrated Services Private Limited (MIS) for Rs. 2,200 million.

c. Acquisition of the facility management business and catering business of Manipal Integrated Services subject to necessary approvals.

d. Acquisition of 74% equity in Inticore VJP Advance Systems subject to necessary approvals.

e. Approved issue of Non-Convertible Debentures (NCDs) and other debt instruments of the Company for an aggregate amount upto Rs.150 crore, subject to necessary approvals.

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GTL announces change in nominee director
Nov 29,2016

GTL announced that, as a part of routine lenders nomination process, IDBI Bank has nominated adri Srinivasa Rao - Chief General Manager, as a Director on the Companys Board in place of its earlier Nominee, Dilip Kumar Mandal - Chief General Manager. The said change is effective 28 November 2016.

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Lords Chloro Alkali to hold adjourned board meeting
Nov 29,2016

Lords Chloro Alkali announced that the meeting of the Board of Directors of the Company held on 28 November 2016, stands adjourned for want of quorum and now will be held on 29 November 2016.

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Transpek Industry provides update buyback of shares
Nov 29,2016

Transpek Industry announced the closure of its share buyback offer on 28 November 2015. The Company has bought back 2,86,471 equity shares of Rs 10 each fully paid from 17 October 2016 (commencement of share buyback) to 28 November 2016 for an aggregate amount of Rs 13.50 crore.

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L&T Technology Services partners with CeNSE and IISc
Nov 29,2016

L&T Technology Services announced a partnership with the Centre for Nano Science and Engineering (CeNSE), Indian Institute of Science (IISc), Bangalore to jointly work towards innovations in the areasof Sensors and Energy Efficient Systems based on Nanotechnology. The agreement was signed between CeNSE, IISc and L&T Technology Services at the IISc campus in Bangalore.

L&T Technology Services will bring its domain expertise in the area of Industrial Products, Power Electronics, Intelligent Buildings and Smart Campuses, Medical Electronics, Testing and Measurements, Transportation and IIOT to create a platform for their accelerated digital journey. L&T Technology Services is also working closely with CeNSE, IISc in the field of robotics and other related futuristic technologies.

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Board of Manvijay Development Company approves change in registered office
Nov 29,2016

Manvijay Development Company announced that the Board of Directors of the Company at its meeting held on 28 November 2016, had conducted the following business:

1. Change of Registered Office of the Company from Unit No. 509, 5th Fir, Stanford Plaza, Off New Link Road, Andheri (W), Mumbai - 400053.To: Office No. 701, 7th Floor, Platinum Arcade, J.S.S Road, Girgaum, Charni Road, Mumbai - 400004.

2. The Director Sangeeta Shrikant Karnik has been taken as vacated from the office due to her absence from all the meetings of the Board of Directors held during a period of twelve months with or without seeking leave of absence of the Board.

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Outcome of board meeting of Quess Corp
Nov 29,2016

Quess Corp announced that the Board of Directors of the Company at its meeting held on 28 November 2016 transacted the following -

Appointment of Sudershan Pallap as Company Secretary and Compliance Officer in place of N V S Pavan Kumar, with effect from 28 November 2016.

Approved subscription to Compulsorily Convertible Preference Shares of Manipal Integrated Services for Rs 200 crore.

Acquisition of facility management business and catering business of Manipal Integrated Services.

Acquisition of 74% equity in Inticore VJP Advance Systems subject to necessary approvals.

Approved issue of NCDs and other debt instruments of the Company aggregating up to Rs 150 crore, subject to necessary approvals.

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Pfizer provides business update
Nov 29,2016

Pfizer announced that the Company has undertaken a comprehensive review of its respiratory offerings in order to better cover a broader range of indications through an expanded product portfolio. As a result of this review, the Company will launch additional products while it may also discontinue the manufacture of certain SKUs where needed.

The Company will be launching a series of products as line extensions under the Corex brand name, starting with the first launch in December, 2016 and subsequent launches over the next year. The Company has also decided to discontinue the manufacturing of the current Corex Cough Syrup formulation (Codeine Phosphate 10mg + Chlorpheniramine Maleate 4mg). Pfizer stands by the safety and efficacy of its current Corex Cough Syrup formulation that has been duly approved by Central and State regulators. As with this formulation, all additional line extensions will be introduced with all due regulatory approvals in place.

The Company remains committed to providing a more comprehensive set of solutions in respiratory indications, while ensuring minimal impact towards patients resulting from the discontinuation of manufacturing of the current Corex Cough Syrup formulation.

It may be noted that Corex Cough Syrup recorded a sale of Rs.244.48 crores for the financial year ended 31 March 2016.

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Asian Oilfield Services to hold EGM
Nov 29,2016

Asian Oilfield Services announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 23 December 2016.

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Cholamandalam Investment & Finance Company allots equity shares
Nov 29,2016

Cholamandalam Investment & Finance Company announced that the Nomination and Remuneration Committee has approved an allotment of 5,768 equity shares of Rs.10/- each to the option grantees who have exercised their options.

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Board of Shiva Cement to consider conversion of warrants
Nov 29,2016

Shiva Cement announced that the Board Meeting of the Board of Directors of the Company will be held on 06 December 2016 to transact the following business :

To consider allotment of 80,00,000 Nos. of Equity Shares of Rs. 2/- each at a premium of Rs. 4.20 per share to Harsh Vanijya upon exercise of option by them for conversion of Equity Share Warrants earlier allotted to them on preferential basis.

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