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Simplex Papers director resigns
Feb 27,2017

Simplex Papers announced that K. C. Murarka, Non-Executive Independent Director of the Company has tendered his resignation with effect from the close business hours of 27 February 2017.

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Corporation Bank intimates of bank strike
Feb 27,2017

Corporation Bank announced that the Bank has been informed by the Indian Banks Association vide their Circular letter dated 13 February 2017 that the members of all constituent unions of United Forum of Bank Unions (UFBU) working in various offices/branches of Public Sector Banks in India may take part in the proposed one day strike on 28 February 2017, in support of some of their demands. In view of this, the normal functioning of the Banks Branches may get affected.

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Adani Ports & Special Economic Zone gets reaffirmation of credit ratings
Feb 27,2017

Adani Ports & Special Economic Zone announced that ICRA has re-affirmed its AA+ rating for Bank Limits and Non-Convertible Debentures. The outlook has been revised upwards from negative to STABLE. ICRA has re-affirmed its A1+ rating (Top notch) for the Commercial Papers Programme of the Company.

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Goa Carbon temporarily shuts down Goa plant
Feb 27,2017

Goa Carbon announced that the operations at the Companys Goa Plant located at St. Jose de Areal, Salcete-Goa, has been temporarily shut down from 27 February 2017.

There would not be any financial impact due to the temporary shutdown of the Companys Goa Unit as there are adequate finished, product inventories to service the orders in hand.

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Lupins subsidiary Kyowa Pharmaceutical enters into agreement with Astellas Pharma
Feb 27,2017

Lupin announced that its Japanese subsidiary Kyowa Pharmaceutical Industry Co., (Kyowa) and Astellas Pharma Inc. (Astellas) have entered into an agreement providing Kyowa the exclusive right to distribute and promote extended-release tablets of quetiapine fumarate in Japan.

Astellas submitted a new drug application (NDA) with the Ministry of Health, Labour and Welfare in Japan for extended-release tablets of quetiapine fumarate for the indication of improvement of depressive symptoms associated with bipolar disorder.

When Astellas obtains an approval for the new drug application of extended-release tablets of quetiapine fumarate, based on the agreement, Kyowa will exclusively distribute and promote the products in Japan.

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Board of V-Guard Industries allots equity shares under ESOS
Feb 27,2017

V-Guard Industries announced that the Board of Directors of the Company at its meeting held on 27 February 2017 has allotted 8,71,766 equity shares having face value of Re 1 each to employees who have exercised the stock options under ESOS 2013.

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Sahyog Multibase announces cessation of Chairman and MD
Feb 27,2017

Sahyog Multibase announced that Sunil Kumar Kapoor, Chairman and Karan Kapoor, Managing Director of the Company has tendered their resignation from the position of Chairmanship and Directorship of the Company w.e.f. 22 February 2017 respectively.

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Zydus Nesher Pharmaceuticals receives final approval for Oseltamivir Phosphate Capsules
Feb 27,2017

Nesher Pharmaceuticals, a subsidiary of Zydus Pharmaceuticals USA, has received final approval from the USFDA to market Oseltamivir Phosphate Capsules, USP in strengths of 30mg, 45mg and 75mg. The drug will be produced at the Nesher Pharmaceutical USA manufacturing facility located in St. Louis, MO, USA. It is an anti-viral used in the prevention and treatment of influenza virus infection. The estimated sales for Oseltamivir Phosphate Capsules is $382 million as per IMS December 2016.

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Lakshmi Vilas Bank announces cessation of director
Feb 27,2017

Lakshmi Vilas Bank announced that K. R. Pradeep, Director of the Bank has retired on 26 February 2017 pursuant to Section 10A (2A) of the Banking Regulation Act, 1949, having held office as Director continuously for a period of eight years.

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Pincon Spirit acquires five liquor retail outlets
Feb 27,2017

Pincon Spirit has taken over 5 (Five) numbers Liquor Retails Outlets at different prime locations in Kolkata, an edge towards own brand emerging sales through retail outlets only.

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Meglon Infra-Real (India) to hold board meeting
Feb 27,2017

Meglon Infra-Real (India) will hold a meeting of the Board of Directors of the Company on 7 March 2017.

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Ruchira Papers gets ratings revision for long term facilities
Feb 27,2017

Ruchira Papers announced that CARE Ratings has upgraded the credit ratings from CARE BBB to CARE BBB+; Stable assigned to long term facilities of the Company and CARE BBB+/ CARE A3+ assigned to short term facilities of the Company.

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Hewlett Packard Enterprises partners with Tata Communications
Feb 27,2017

At the Mobile World Congress 2017, Hewlett Packard Enterprises announced it is working with Tata Communications, to support the roll out of Indias first LoRaWANn++ (LoRa) based network.

Tata Communications unveiled plans for the LoRan++network last year. It ispart of Tata Communications long-term strategy of creating mobileplatforms and ecosystems that enable its customers and partners toconnect people and IoT-connected devices seamlessly on a global scale.The first phase of the roll-out targets Tier 1, 2, 3 and 4 cities in India,touching over 400 million people. Alongside successful field trials inMumbai, Delhi and Bangalore, there are also 35 proof-of-conceptapplications in trial on the network.

The association between Tata Communications and HPE paves the wayfor a new era in enabling devices with embedded connectivity for enterprise customer solutions throughout the country. The project involves connecting devices, applications and other IoT solutions over the LoRa network in smart buildings, campus, utilities, fleet management, security and healthcare services in nearly 2,000 communities, covering over 400 million people, making it the first-of-its-kind initiative in India.

Tata Communications has also selected HPE to be an integral part of itsglobal cellular IoT connectivity services. This provides a range of domesticand cross-border IoT connectivity and management services, particularlyfor applications requiring elements of mobility, such as connected cars,fleet management and transportation services.

LoRa is a Low Power Wide Area Network (LPWAN) specification for wireless battery operated IoT devices, targeting key IoT requirements such as secure bi-directional communication, mobility and localization services. It is being adopted as a standard for connecting LPWAN IoT devices and sensors, complementing other connectivity optionssuch as LTE, Wi-Fi and more. Tata Communications and HPE selected LoRa because of its low power requirements, long range capability, low cost and multiple use opportunities.

HPE is a member of the LoRa Alliance, an open, non-profit association with the mission of standardizing LPWAN being deployed around the world to enable the IoT, machine-to-machine (M2M) and smart city and industrial applications. Alliance members collaborate to drive the success of the LoRa protocol (LoRaWAN), by sharing knowledge and experienceto guarantee interoperability between operators in one open global standard.

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Maruti Suzuki India opens booking for Baleno RS
Feb 27,2017

Maruti Suzuki India has opened the booking for Baleno RS - first of high performance cars to be offered through NEXA. Baleno RS will be launched on 03 March 2017.

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Venus Remedies to hold EGM
Feb 27,2017

Venus Remedies announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 21 March 2017 .

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