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IP Rings allots 56,33,718 equity shares
Feb 16,2017

IP Rings announced that the Rights Issue Sub-Committee of the Company at their meeting held on 16 February 2017, has considered and approved, inter alia, the following:

- Allotment of 56,33,718 fully paid up Rights Equity Shares of face value of Rs. 10 each at a price of Rs. 88.75 per Rights Equity Shares including a premium of Rs. 78.75 per Rights Equity Shares, to the eligible equity shareholders of the Company and in pursuance of the basis of allotment approved by the BSE, the designated stock exchange.

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Shilpa Medicare intimates of fire accident
Feb 16,2017

Shilpa Medicare announced that there was an incident of fire at the Companys EOU Unit (API) plant in one block of the Company, situated at Raichur, Karnataka. It is further intimated that it may not have impact on the operations of the said plant or financials.

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Bharti Airtel provides update on subsidiary - Augere Wireless Broadband India
Feb 16,2017

Bharti Airtel announced that the merger of Augere Wireless Broadband India (Augere), a wholly owned subsidiary into Bharti Airtel (Airtel) has been completed.

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Mahindra & Mahindra provides update on subsidiary - Mahindra Renewables
Feb 16,2017

Mahindra & Mahindra announced that Mahindra Renewables, an indirect subsidiary of the Mahindra & Mahindra, has on 16 February 2017 entered into a Share Purchase Agreement with Mahindra Solar One to acquire 10,000 equity shares of Mahindra Suryaurja held by Mahindra Solar One at a consideration of Re 1.

Mahindra Suryaurja will become a subsidiary of Mahindra Renewables and in turn an indirect subsidiary of Mahindra & Mahindra as and when the share acquisition process is completed.

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Kennametal India announces change in compliance officer
Feb 16,2017

Kennametal India announced that the Company have appointed Thulsidass T V, Company Secretary & Legal Head, as Compliance Officer of the Company pursuant to Regulation 6 of the SEBI (LODR) Regulations, 2015.

Further, with the above appointment, K. V. Suresh Reddy ceased to be the Compliance Officer of the Company with effect from 13 February 2017.

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Motilal Oswal Financial Services allots 40,900 equity shares
Feb 16,2017

Motilal Oswal Financial Services allots 40,900 equity shares on exercise of employee stock option to various employees of Companys subsidiaries.

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Biocon intimates of acceptance of Biologics License Application for proposed biosimilar Pegfilgrastim
Feb 16,2017

Mylan and Biocon announced that USFDA has accepted Mylans Biologics License Application (BLA) for MYL-1401H, a proposed biosimilar to Neulasta (pegfilgrastim) for filing through the 351(k) pathway.

The proposed biosimilar to Neulasta is used to reduce the duration of neutropenia (low count of neutrophilis, a type of white blood cells) and the incidence of fever associated with neutropenia in adult patients treated with chemotherapy on certain types of cancer.

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Lupin gets ANDA approval for Hydrocodone Bitartrate and Homatropine Methylbromide Oral Solution (Syrup)
Feb 16,2017

Lupin has received USFDA approval for ANDA Hydrocodone Bitartrate and Homatropine Methylbromide Oral Solution (Syrup), 5 mg/1.5 mg per 5 ml, Generic of Hycodann++ Oral Solution, 5 mg/1.5 mg per 5 mL, of Endo Pharmaceuticals, Inc.

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Adani Power allots 2,74,09,956 equity shares
Feb 16,2017

Adani Power announced that the convertible warrant holders, to whom the warrants were allotted in the month of May, 2016 on preferential basis, have exercised their rights for conversion and applied for conversion of part of the warrants into equity shares. Consequently, Management Committee of the Board of Directors of the Company at its meeting held on 16 February 2017 has made allotment of total 2,74,09,956 Equity Shares of the face value of Rs. 10/- each (with a premium of Rs. 22.54 per equity share) to the said convertible warrant holders.

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HMT appoints director
Feb 16,2017

HMT announced that Ravindra Singh, has been appointed as Non-Official Independent Director on the Board of the Company with effect from 02 February 2017 vide Presidential Order dated 02 February 2017 and in terms of Article 77(1) of the Articles of Association of the Company.

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Lupin receives final approval for Moxifloxacin Hydrochloride Tablets
Feb 16,2017

Lupin announced that the Company has received final USFDA approval for ANDA Moxifloxacin Hydrochloride Tablets, 400 mg. Generic of Avloxn++ Tablets of Bayer Healthcare Pharmaceuticals, Inc.

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OFS Technologies announces change in corporate office
Feb 16,2017

OFS Technologies announced that the corporate office address of the Company hereby shifted from No.5, Second Floor, Software Technology Park of India, Rajiv Gandhi Salai, Taramani, Chennai - 600113, Tamilnadu to Unit No.2, 4th Floor, Pinnacle Building, Ascendas International Tech park, Taramani Road, Taramani, Chennai - 600113, Tamilnadu with effect from 16 February 2017.

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Larsen & Tubro intimates of its contribution in ISROs record mission of launching 104 satellites
Feb 16,2017

Larsen & Toubro announced that its Aerospace business unit has been closely involved with ISROs record mission of launching 104 satellites.

PSLV - C37 was rocketed into orbit using S139 Motor Castings (Middle Segment) manufactured by the Aerospace Business Group of L&T.

Electronic packages are mounted on upper state of PSLV-C37 and Heat Shield using honeycomb deck panels. These honeycomb deck panels are manufactured at L&Ts Advance Composite facility in Vadodara.

The spacecraft was tracked using a Deep Space Network Antenna at ISTRACs tracking facility in Bangalore. This 32m diameter DSN Antenna was installed and commissioned by L&T. The Antenna Mount Structure and 13 m diameter Bull Gear (made for the first time in India) were also manufactured by L&T.

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Melstar Information Technologies announces cessation of CFO
Feb 16,2017

Melstar Information Technologies announced that with the cessation of employment of Anil Korpe, He ceased as Chief Financial Officer & Compliance Officer with the close of the business hours of the 15 February 2017.

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Gartner Positions Infosys as a Leader In Magic Quadrant
Feb 16,2017

Infosys announced that Gartner Inc. has positioned Infosys asa Leader in its EMEA and North America 2016 Magic Quadrant reports for SAPn++ Application Services.

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