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Bharti Airtel provides update on subsidiary Bharti Airtel International (Netherlands)
Nov 26,2016

Bharti Airtel International (Netherlands) BV through its wholly owned subsidiary (Airtel) has completed the acquisition of Econet Wireless entire 4.2% shareholding in Airtel Nigeria. As a result, Airtels overall holding in Airtel Nigeria has increased to 83.25%.

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Indiabulls Housing Finance allots NCDs aggregating Rs 500 crore
Nov 26,2016

Indiabulls Housing Finance has allotted its first tranche of secured, redeemable, non-convertible debentures of face value of Rs 10 lakh each aggregating Rs 500 crore on private placement basis.

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Tata Steel to hold EGM
Nov 26,2016

Tata Steel announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 21 December 2016.

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Board of Garware Marine Industries appoints director
Nov 26,2016

Garware Marine Industries announced that the Board of Directors of the Company at its meeting held on 26 November 2016 has appointed Vikas D Sadarangani as Additional Director with effect from 26 November 2016.

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PNC Infratech to announce September quarter and half year results
Nov 26,2016

PNC Infratech announced that a meeting of the Board of Directors of the Company will be held on 07 December 2016, inter alia, to consider and approve the un-audited Standalone & Consolidated Financial Results for the quarter/Half Year ended 30 September 2016.

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Outcome of board meeting of Hathway Cable & Datacom
Nov 25,2016

Hathway Cable & Datacom announced that the Board of Directors of the Company at its meeting held on 25 November 2016 transacted the following -

Accepted resignation of Jagdishkumar G Pillai as Managing Director and CEO with immediate effect.

Approved appointment of Rajan Gupta as Managing Director with immediate effect.

Elevated Tavinderjit Panesar as CEO of Video business of the Company.

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GMR Infrastructure to announce Q2 results
Nov 25,2016

GMR Infrastructure announced that a Meeting of the Board of Directors of the Company is scheduled to be held on 07 December 2016, inter alia, to consider and approve the Un-audited Financial Results of the Company for the quarter ended 30 September 2016 (Q2).

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Tata Steel announces change in directorate
Nov 25,2016

Tata Steel announced that the Board of Directors of the Company at the meeting held on 11 November 2016 took note of the leadership changes at Tata Sons as well as the Special Notice & Requisition received from Tata Sons (Promoter and Principal Shareholder) to convene an Extraordinary General Meeting (EGM) and place a resolution, inter alia, for the removal of Cyrus P. Mistry as a Director of the Company.

In view of the current situation i.e. the above Special Notice & Requisition received from Tata Sons , the Board of Directors through circular resolutions dated 25 November 2016 passed by majority consent, has decided to replace Cyrus P. Mistry as the Chairman of the Board with immediate effect and have elected O. P. Bhatt, an Independent Director as the Chairman of the Board.

Bhatt will serve as Chairman till the outcome of the Extraordinary General Meeting of the Company. The Board appointed the independent director as the Chairman keeping in mind principles of good corporate governance and to provide impartial leadership to the Company in its preparation and conduct of the EGM. This decision was taken to also ensure stability to the Company and in the larger interest of Tata Steels stakeholders including but not limited to employees, trading partners, financial stakeholders and local community around its operations.

O. P. Bhatt was appointed as an Independent Director of the Company on 10 June 2013. He has served as the Chairman of State Bank of India, Indias largest commercial bank. He serves as an Independent Director on several Boards including Standard Chartered Bank plc, Tata Consultancy Services and Hindustan Unilever.

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Board of La Tim Metal & Industries approves preferential issue of shares
Nov 25,2016

La Tim Metal & Industries announced that the Board of Directors of the Company at its meeting held on 25 November 2016 has approved issue and allotment of 40 lakh equity shares on preferential basis. The board also accepted resignation of Praful Vora as Director with effect from 25 November 2016.

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Waterbase announces change in CFO
Nov 25,2016

Waterbase announced that the Board of Directors of the Company at the meeting held on 25 November 2016, inter alia, considered and approved the following :

- On the recommendation made by Nomination and Remuneration Committee and Audit Committee, the Board has appointed R Sureshkumar as the Chief Financial Officer of the Company with effect from 01 December 2016 in place of S Giridhari, the current Chief Financial Officer, on his attaining superannuation.

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GPT Infraprojects secures order worth Rs 73 crore
Nov 25,2016

GPT Infraprojects has bagged an order valued at Rs 73 crore from Rail Vikas Nigam on Kharagpur and Chakradharpur division of South Eastern Railway in State of Jharkhand.

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Garnet International acquires shares of subsidiary - Sukartik Clothing
Nov 25,2016

Garnet International has acquired 30000 shares of its subsidiary Sukartik Clothing.

The shareholding of the Company has increased from 181000 shares representing 60.13% to 211000 shares representing 70.01% of the total paid up capital of Sukartik Clothing.

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Excel Castronics registers trademark Madiyars
Nov 25,2016

Excel Castronics announced that it has got registration of a trademark Madiyars. The Company will use the trademark as a brand name for trading cashew nuts and cardamom.

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Indian Hotels Co to hold EGM
Nov 25,2016

Indian Hotels Co announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 20 December 2016.

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Vedanta to consider offer fund raising through NCDs offer upto Rs 500 cr
Nov 25,2016

Vedanta announced that the Company proposes to offer Rated Secured Redeemable Non-Convertible Debentures aggregating upto Rs. 500 crore and in this regard is holding a meeting of its duly constituted Committee of the Board on 30 November 2016, The above issuance is pursuant to the approval of the Shareholders passed vide Special Resolution at the 50th and 51st Annual General Meeting of the Company held on 11 July 2015 and 29 June 2016, respectively and the Board of Directors resolution passed at its meeting held on 29 July 2015.

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