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Sun Pharmaceutical Industries announces resignation of CFO
Nov 23,2016

Sun Pharmaceutical Industries announced that the Company have received a letter intimating to the Company from the Companys Chief Financial Officer (CFO), Uday Baldota that he would be tendering his resignation as the CFO of Sun Pharmaceutical Industries to be effective with effect from in and around April, 2017 due to his shifting to United States of America in and around April, 2017 to look after the business of Taro Pharmaceutical Industries, a subsidiary of Sun Pharmaceutical Industries as its Chief Executive Officer.

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Surana Telecom and Power gets High Court approval for scheme of arrangement
Nov 23,2016

Surana Telecom and Power announced that the Honble High Court of Hyderabad has sanctioned the scheme of arrangement between Bhagyanagar India (demerged company) and Surana Telecom and Power (1st results company) and Bhagyanagar Properties (2nd resulting company) and their respectively shareholders and creditors.

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EIH to delist GDRs from London Stock Exchange
Nov 23,2016

EIH announced that the Company has terminated the Depository Agreement with Bank of New York Mellon (Depositary), resulting in termination of GDR facility. The Company will delist its GDRs from the London Stock Exchange.

The termination of the deposit agreement is expected to occur on or about 23 February 2017and the listing and admission to trading of the GDRs on the London Stock Exchange will be cancelled with effect from the same date.

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Jammu and Kashmir Bank announces change in company secretary
Nov 23,2016

Jammu and Kashmir Bank announced that Mohammad Shafi Mir, FCS shall act as Company Secretary and Compliance officer of the Bank with immediate effect in place of Abdul Majid Bhat.

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Shares of Unipro Technologies get listed
Nov 23,2016

The equity shares of Unipro Technologies (Scrip Code: 540189) are listed effective 23 November 2016 and admitted to dealings on the Exchange in the list of XT Group Securities

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Sun Pharma to acquire stake in Russian pharma company
Nov 23,2016

Sun Pharmaceutical Industries announced that the Company (including its subsidiaries and/or associate companies), has entered into an agreement to acquire 85.1% of JSC Biosintez, a Russian pharmaceutical company engaged in manufacture and marketing of pharmaceutical products in Russia and CIS region.

The cash consideration for the acquisition includes approximately USD 24 million for equity consideration of shares. Sun Pharma would also assume a debt of approximately USD 36 million as part of the transaction. The acquisition is expected to complete by end 2016.

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Wockhardt provides update on step down subsidiary in UK - C P Pharmaceuticals
Nov 23,2016

Wockhardt announced that U.S. Food and Drug Administration (USFDA) has issued a Warning Letter to C P Pharmaceuticals, Wrexham, United Kingdom, a stepdown Subsidiary of the Company.

Currently, there is no business being conducted from C P Pharmaceuticals to the US Market. C P Pharmaceuticals has already initiated required steps to address the concerns raised by USFDA and will be responding to the Agency within the prescribed time.

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A2Z Infra Engineering provides update on subsidiary
Nov 22,2016

A2Z Infra Engineering announced that the Companys subsidiary Company A2Z Green Waste Management (previously known as A2Z Infrastructure) (A2Z Green), has on 19 November 2016, agreed to a framework with one of its lenders for a settlement of its various debt obligation aggregating to INR 416.18 crore.

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Niraj Cement Structurals announces resignation of company secretary
Nov 22,2016

Niraj Cement Structurals announced Ravindra Kumar Rawal, Company Secretary of the Company resigned from the post of Company Secretary of the Company with effect from, 22 November, 2016. He will no longer associate with the affairs of the Company w. e. f. 22 November, 2016.

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Gujarat Industries Power Co provides update on its Nakhatrana Wind Farm
Nov 22,2016

Gujarat Industries Power Co announced that two (02) more Wind Turbine Generators (WTGs) of 2.1 MW each have been commissioned by GIPCL at the Nakhatrana Wind Farm Site, Dist.: Kutch, Gujarat. Gujarat Energy Development Agency (GEDA) has issued Certificates of Commissioning of WTGs.

With the commissioning of two WTGs as above, GIPCL has now commissioned all the ten (10) WTGs of the 21 MW Wind Farm at Nakhatrana Wind Farm Site.

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Tata Power provides update on Tata Sons
Nov 22,2016

Tata Power Company announced that the Company has received a Special Notice and Requisition under Sections 100(2) and 115 of the Companies Act, 2013 (the Act) and the Rules framed thereunder from Tata Sons - the Companys Promoter and shareholder holding 31.05 % of the paid-up Equity share capital of the Company, for convening an Extraordinary General Meeting of the Members of the Company for considering and passing Resolution for removal of Cyrus P. Mistry as Director of the Company under Section 169 of the Act.

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Viji Finance incorporates wholly owned subsidiary - Viji Housing Finance
Nov 22,2016

Viji Finance announced that a wholly owned subsidiary named Viji Housing Finance has been incorporated with effect from 22 November 2016.

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Sun Pharmaceutical Industries allots equity shares
Nov 22,2016

Sun Pharmaceutical Industries announced that the Allotment Committee of Directors at its meeting held on 22 November 2016, allotted 16,229 (Sixteen Thousand Two Hundred and Twenty Nine) equity shares of the Company of Re. 1/- (Rupee One Only) each, on exercise of stock options under the Sun Employee Stock Option Scheme - 2015.

Accordingly, post the above allotment the paid-up equity share capital of the Company is Rs. 2,39,92,70,188/- (Rupees Two Hundred and Thirty Nine Crore Ninety Two Lakhs Seventy Thousand One Hundred and Eighty Eight Only) divided into 2,39,92,70,188/- (Rupees Two Hundred and Thirty Nine Crore Ninety Two Lakhs Seventy Thousand One Hundred and Eighty Eight Only) of Re. 1/- each.

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Wipro recognised as Leader in B2C Mobile Service Providers
Nov 22,2016

Wipro announced that it has been named a Leader by global research and advisory firm Forrester Research Inc. in its report The Forrester Wave: B2C Mobile Services Providers, Q4 2016.

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Bharti Airtel completes acquisiton of 4G LTD Spectrum from Aircel
Nov 22,2016

Bharti Airtel announced that the proposed acquisition of rights to use 20 MHz of spectrum in 2300 Band (BWA) from Aircel has been successfully concluded for Andhra Pradesh circle following the receipt of all necessary approvals and satisfying all the conditions (including conditions stated in the Spectrum Trading Guidelines).

With this, the Company has completed the transaction in all 8 circles namely Tamil Nadu (including Chennai); Bihar, Jammu & Kashmir, West Bengal, Assam, North East, Orissa and Andhra Pradesh.

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