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India Home Loan announces resignation of directors
Nov 18,2016

India Home Loan announced that the Company is in receipt of resignation letters of Promoter Directors Anant Bhalotia and Rishabh Siroya from the Board of Directors of the Company. The Board by way of circulation accepted the resignation with effect from 17 November 2016.

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Max Ventures provides update on subsidiary - Max Speciality Films
Nov 18,2016

Max Ventures and Industries announced that Jaideep Wadhwa, Chief Executive Officer of Max Speciality Films (MSF), which is a subsidiary of the Company, vide an email dated 15 November 2016 has submitted his resignation from the services of the Company, to pursue other career interests. The Board of Directors of MSF has put in place an interim governance structure, inter-alia, by constituting a Management Committee consisting Senior Executive of MSF and the Company, for smooth transition and day-to-day affairs of MSF to achieve its business objective.

Max Ventures and Industries presently hold 99% equity share capital of MSF.

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HealthCare Global Enterprises provides update on subsidiaries
Nov 18,2016

HealthCare Global Enterprises announced that it is proposed to merge DKR Healthcare, a subsidiary of BACC Health Care, with BACC Health Care, being subsidiaries of the Company.

BACC Health Care is a direct subsidiary of the Company and DKR Healthcare is a wholly owned subsidiary of BACC Health Care.

The Board of Directors of the respective companies have approved the scheme of amalgamation for the merger of these companies.

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Tata Power Company announces cessation fo director
Nov 18,2016

Tata Power Company announced about the expiry of term of office of Piyush G. Mankad, an Independent Director on the Companys Board, consequent upon his completing 75 years of age, as required by the guidelines adopted by the Company for retirement of Non-Executive Directors. Consequently, he has ceased to be a member of the Companys Board effective 18 November 2016.

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Dilip Buildcons JV awarded project at Nigahi OCP
Nov 18,2016

Dilip Buildcon announced that Northern Coalfields (M.P) has declared DBL-DECO (a joint venture of the Company) as the successful bidder (L1) for Excavation of Overburden of First Dig (Solid) and Re-handling by Mechnical Means at specified places at NIGAHI OCP of NCL at a project cost of Rs 1469.84 crore having Average lead 5.00km and quantity (BCM) completion 132460000 (the project).

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Zensar Technologies launches The Vinci Intelligent Managed Service Platform
Nov 18,2016

Zensar Technologies announced the launch of The Vinci Intelligent Managed Service Platform. The platform is powered by automation, automatics and orchestration, utilising machine learning, bringing together the management of operational and transformational activities. The Vinci is one of the significant solutions to be unfurled under Zensars Return on Digitaln++ strategy. Enterprises will be able to leverage the solution to impact substantial reduction in the OPEX cost. The solution helps track business and operational benefits in real time, making it agile and future ready for advanced digital technologies.

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IIFL Holdings allots equity shares
Nov 18,2016

IIFL Holdings announced that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution(s) allotted 3,55,000 equity shares to the employees of the Company/ Subsidiaries upon exercise of stock options under Employee Stock Option Schemes.

Upon allotment, the equity base of the Company stand increased from equity shares 31,70,95,854 to 31,74,50,854 equity shares of Rs. 2/- each.

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Board of Karuturi Global to consider September quarter results
Nov 18,2016

Karuturi Global announced that the Meeting of the Board of Directors of the Company will be held on 24 November 2016, inter alia, to consider the following transactions:

- To take on record and approve the Un-Audited financial results of the Company for the quarter ended 30 September 2016.

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Board of Cadila Healthcare approves scheme of arrangement
Nov 17,2016

Cadila Healthcare announced that the Board of Directors of Cadila Healthcare (Company) at its meeting held on 17 November 2016, has considered and approved the Scheme of Arrangement between Cadila Healthcare and Zydus Healthcare and their respective shareholders and creditors [Scheme] under sections 391 to 394 of the Companies Act, 1956. Zydus Healthcare is a wholly owned subsidiary of the Company. As per the Scheme, India Human Formulations Undertaking of the Company will be transferred to Zydus Healthcare on a Slump Sale [Section 2(42C) of the Income-tax Act, 1961] basis for lump-sum cash consideration.

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Tata Teleservices (Maharashtra) applies for migration of its UAS licenses to Unified Licence
Nov 17,2016

Tata Teleservices (Maharashtra) has two Unified Access Service (UAS) licences for Mumbai and Maharashtra Service Area and these are expiring in September 2017. As per the Guidelines announced by DoT, the UAS licensing regime has been replaced with an umbrella license called Unified Licence (UL).

In view of the above, the Company has applied for migration of its UAS licences in Mumbai and Maharastra and ISP license to UL. The said UL is valid for 20 years effective 02 November 2016. There is no change in the validity of spectrum currently held by the Company as the spectrum has been delinked from UL.

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Sujana Universal Industries shifts registered office
Nov 17,2016

Sujana Universal Industries announced that in terms of Section 12(4) of Companies Act, 2013 Read with rule 27 of the Companies (Incorporation) Rules, 2014 and pursuant to the resolution passed by Management Committee of Board of Directors, the Registered Office of the Company has been shifted from H. No. 8-2-248/1/7/18, Plot No.18, Nagarjuna Hills, Punjagutta, Hyderabad - 500 082, Telangana to H.No: 5/ A, Vengal Rao Nagar, Hyderabad - 500 038, Telangana.

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Pratibha Industries bags contract for water treatment plant
Nov 17,2016

Pratibha Industries has been awarded contract by Melamchi Water Supply Development Board of Government of Nepal for capacity expansion of water treatment plant at Sundarijal for a total contract value of Nepali Rs 155 crore, equivalent to approximately, Rs 97.8 crore. The Company will implement the project through joint venture formed with local construction company within two years as per the contract terms.

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Career Point acquires 40% stake in its subsidiary - Gyan Eduventure
Nov 17,2016

Career Point has acquired 1,68,000 fully paid up equity shares (40%) of Rs. 10 each of Gyan Eduventure, the subsidiary of the Company and consequently, Gyan Eduventure has now become a wholly owned subsidiary of the Company.

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Reliance Communications incorporates new subsidairy - Towercom Infrastructure
Nov 17,2016

Reliance Communications has incorporated a new subsidiary - Towercom Infrastructure on 17 November 2016 having registered office in Mumbai.

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United Bank of India revises interest rates on domestic term deposits
Nov 17,2016

United Bank of India has revised the banks interest rates on domestic term deposits across various tenures with effect from 18 November 2016.

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