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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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Bharat Financial Inclusion allots equity shares
Nov 22,2016

Bharat Financial Inclusion announced that on 22 November 2016, the Company has allotted 97,199 equity shares of Rs. 10/- each to the employees who have exercised options under various SKS Microfinance Employee Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

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Motilal Oswal Financial Services allots equity shares
Nov 22,2016

Motilal Oswal Financial Services has issued and allotted 32,750 equity shares on exercise of employee stock option to various employees of Companys subsidiary companies.

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IDBI Bank takes possesion of properties of Sirpur Paper Mills
Nov 22,2016

Sirpur Paper Mills announced that IDBI Bank has issued a possession notice, stating that it has taken the possession of the secured properties of the Company u/s13 (4)of the SARFAESI Act read with Rule 8(1) of the Rules.

Further, the Company has been granted extension by RoC, Hyderabad to hold the AGM up to 31 December 2016.

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Sphere Global Services incorporates new subsidiary
Nov 22,2016

Sphere Global Services announced that the Company has incorporated a wholly owned subsidiary in the Fujairah, UAE by the name of Sphere Global Services FZ LLC. The principal business activity is IT Consultancy.

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Larsen & Toubro allots equity shares
Nov 22,2016

Larsen & Toubro has allotted 3,42,722 (Three Lakh Forty Two Thousand Seven Hundred Twenty Two) shares on 22 November 2016 to those grantees who had exercised their options under the Companys Employee Stock Ownership / Option Schemes.

The said shares will rank pari-passu with the existing shares of the Company in all respects.

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Outcome of board meeting of Jindal Stainless (Hisar)
Nov 22,2016

Jindal Stainless (Hisar) announced that the Board of Directors of the Company at its meeting held on 22 November 2016 approved the following -

Acceptance of fixed deposits from public including members and directors, subject to approval of shareholders.

In terms of the court approved composite scheme of arrangement, the business undertaking of Jindal Stainless comprising of mining division but excluding the Chromite ore mine located at Odisha, has been demerged from Jindal Stainless and vest with the Company pursuant to the scheme. Since the Government of Odisha has refused to transfer the Chromite ore mine located at Odisha, the said mine will continue to vest with Jindal Stainless.

The operations of the Ferro Alloys unit at Kothavalasa in Vizianagaram district, Andhra Pradesh which has been demerged in the Company from Jindal Stainless as part of the Composite Scheme of Arrangement, were under temporary shut down effective 13 September 2015. The operations of this unit are proposed to be started from 29 November 2016 onwards.

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Agenda for board meeting of Virgo Global Media
Nov 22,2016

Virgo Global Media announced a meeting of the Board of Directors of the Company will be held on 24 November 2016, inter alia, to consider the following:

1. To consider and approve Notice of 18th Annual General Meeting of the Company.

2. To consider and approve the Directors report of the Company.

3. To consider and approve Notice of Postal Ballot.

4. To consider and approve the calendar of events for postal ballot.

5. To consider and approve the calendar of events for Annual General Meeting.

6. To Consider and approve appointment of VCSR & Associates, Practicing Company Secretaries as Scrutinizer for announcement of e-voting results and polling results at ensuing Annual General Meeting and for Conducting Postal Ballot Process.

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Voltaire Leasing & Finance announces change in CFO
Nov 22,2016

Voltaire Leasing & Finance announced that on the recommendation made by the Nomination & Remuneration Committee the Board of Directors at its meeting held on 22 November 2016 which interalia; approves the appointment of Minakshi Kishor Naruka as Chief Financial Officer of the Company with effect from 22 November 2016 consequent to the resignation of Birbal Chunnilal Jangir as a Chief Financial Officer.

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Infibeam to establish Unique & Verified Digital Identity Platform
Nov 22,2016

Infibeam Incorporation has received confirmation from the Government of Sikkim to provide a Unique and Verified Digital Identity Platform (Digital Services) on .000 global top level domain (gTLD) with authorised and secured digital wallets for Indians residing in the State of Sikkim.

As part of the program, Infibeam to provide a platform for creation of digital web identity for citizens residing in State of Sikkim to enable access and digital storage of their own citizen centric records.

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