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Speciality Restaurants provides operations update
Mar 15,2017

Speciality Restaurants has temporarily suspended the operations of Mainland China franchise restaurant located Srinivas Towers, NBR 5 Centhop Road, Chennai with effect from 13 March 2017.

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Sambhaav Media allots 8010000 equity shares
Mar 15,2017

Sambhaav Media announced that the Board of Directors of the Company have by way of circular resolution made allotment of 8010000 (Eighty Lac and Ten Thousand Only) equity shares of Re. 1/- each at an issue price of Rs. 5/- per shares (including premium of Rs. 4/- per share) to these warrant holders. Upon allotment of these equity shares; the paid up equity share capital of the Company is increased to Rs. 16,29,20,840/- (Rupees Sixteen Crore Twenty Nine Lac Twenty Thousand Eight Hundred and Forty Only) comprising of 162920840 equity shares of Re 1/- each. Subsequent to this allotment, the shareholding of the Promoter and Promoter Group has increased to 64.80% of the enhanced paid up equity share capital of the Company.

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Aditya Birla Fashion & Retail allots 26,765 equity shares
Mar 15,2017

Aditya Birla Fashion & Retail has allotted 26,765 Equity Shares of Rs.10 each ), pursuant to exercise of Stock Options under the Employee Stock Options Scheme-2013.

The said Shares will rank pari passu with the existing Equity Shares of the Company in all respects. Consequent to the above allotment, the Paid-up Share Capital of the Company will increase from Rs. 770,50,03,890 (77,05,00,389 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,70,52,71,540 (77,05,27,154 Fully Paid-up Equity Shares of Rs. 10/- each).

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Can Fin Homes announces change in Promoter shareholding
Mar 15,2017

Can Fin Homes announced the following -

Caladium Investment, Singapore has acquired 13.45% of equity shares of the Company (35,80,849 nos.) on 10 March 2017.

Canara Bank, the Promoter of the Company has sold 35,80,849 equity shares (13.45%) of the Company and after the sale the shareholding of the Promoter Bank in the Company has reduced to 30% (79,86,358 nos.).

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Rolta India allots 1,74,980 equity shares
Mar 15,2017

Rolta India has allotted 1,74,980 equity shares under Employees Stock Option Plan. Consequent to the said allotment, the paid-up equity share capital of the Company stands 16,42,71,362 equity shares of Rs.10/- each aggregating to the paid up Capital of Rs.164,27,13,620.

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Talwalkars Better Value Fitness signs MoU to acquire Force Fitness India (SNAP)
Mar 15,2017

Talwalkars Better Value Fitness (TBVF) has signed a Memorandum of Understanding to acquire 50.01% equity shares of Force Fitness India (SNAP), Indias third largest gym company and the exclusive master franchise in India of Snap Fitness Inc..

TBVF to invest 50.01% equity in SNAP largely through injection of funds in SNAP for growth.

Snap Fitness Inc is the worlds premier 24/7 fitness 2,000 clubs open or in development in 18 countries.

SNAP has over 60 gyms open or under development covering the major cities of Bangalore, Delhi, Chennai, Hyderabad, Mumbai, Pune, Lucknow, Vadodara, Guwahati, Mysore and smaller cities like Tumkur, Davangere.

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Indiabulls Ventures provides update on subsidiary - Indiabulls Distribution Services
Mar 15,2017

Indiabulls Ventures announced that its subsidiary Indiabulls Distribution Services has signed a definitive agreement to sell its 100% shareholding in India Land and Properties at a consideration of Rs. 685 crores, to Indiabulls Infrastructure, a wholly owned subsidiary of Indiabulls Real Estate. The deal is expected to be completed in the current financial year.

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Indiabulls Real Estate provides update on subsidiary - Indiabulls Infrastructure
Mar 15,2017

Indiabulls Real Estate announced that its subsidiary, Indiabulls Infrastructure has signed a definitive agreement to acquire 100% share capital of India Land and Properties (ILPL), for an aggregate consideration of Rs.685 crore, from Indiabulls Distribution Services (a WOS of Indiabulls Ventures), and the deal is expected to be completed in the current financial year, post completion of the deal ILPL will become 100% WOS of the Company.

ILPL owns a commercial complex of 3 towers with total constructed area of 2.67 mn Sq. ft and leasable area of 1.94 mn Sq.ft, spread over total land of over 8.84 acres at Ambattur Industrial Estate, Chennai. Some of the lessees of these towers are RBS, Yes Bank, Kone, Ajuba, Covenant, MSC service centre, HGS, Access Healthcare etc. The said complex has been designed in compliance to the National Building Codes by internationally acclaimed ZAHA HADID, UK, Laureate Pritzker Prize Winner (2004) and its a GOLD rated GREEN Building.

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Wipro bags 12 year contract from NHS Scotland
Mar 14,2017

Wipro announced that it has won a 12 year contract from NHS Scotland to build a next generation Enterprise Master Patient Index (eMPI) solution. This solution, which will be hosted in Scotland, will help NHS Scotland transition from its current legacy Community Health Index System to offer cost effective, efficient, paperless and patient friendly healthcare services in Scotland.

Wipro has partnered with NextGate for this project. Wipro will leverage NextGates award wining MatchMetrix platform so as to enable the eMPI solution to link and manage data from patients, partner institutions and third party organisations.

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Wipro launches Wipro HOLMESn++ Cloud BOT
Mar 14,2017

Wipro announced the launch of Wipro HOLMESn++ Cloud BOT - a continuously learning digital consultant, that leverages Wipros BoundaryLess Data Centre Solution.

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Godrej Consumer Products hikes stake in Weave Senegal
Mar 14,2017

Godrej Consumer Products through its subsidiary, has increased its stake from 51% to 100% in Weave Senegal. The Company, through its subsidiary, has also reduced one layer of non-operational investment holding company in Mauritius, DGH Angola.

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Zensar Technologies announces demise of director
Mar 14,2017

Zensar Technologies announced the sad demise of Pradipta Kumar Mohapatra, Independent Director on 13 March 2017.

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Denis Chem Lab allots 13,50,000 Equity Shares
Mar 14,2017

Denis Chem Lab announced that Charandeep Singh has been allotted 13,50,000 Equity Shares of Rs.10/- each on 14 March 2017 upon exercise of right of conversion of 13,50,000 Equity Warrants of Rs.10/- each into Equity Shares on Preferential Basis

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Edelweiss Financial Services allots 3,56,075 equity shares
Mar 14,2017

Edelweiss Financial Services has allotted 3,56,075 Equity Shares of the face value of Re. 1/- each under Edelweiss Employee Stock Option Scheme(s) of the Company.

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Rupa & Companys subsidiary enters into license agreement with Fruit of the Loom Inc.
Mar 14,2017

Oban Fashions, a Wholly-Owned Subsidiary of Rupa & Company, has, on 09 March 2017, entered into a License Agreement with Fruit of the Loom, INC., a New York Corporation, a Wholly-Owned Subsidiary of Berkshire Hathaway Company, whereby the said Wholly-Owned Subsidiary of Rupa & Company has acquired the exclusive license from the said Fruit of the Loom, INC., to manufacture, distribute, advertise and sell innerwear and outerwear products for men, boys, women, girls and toddler in India, under their brand names and marks.

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