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Wipro and ASG Technologies announce expanded partnership
Nov 16,2016

Wipro and ASG Technologies announced an expanded partnership that integrates the offerings of Wipros Data Management Centre of Excellence with ASGs Enterprise Data Intelligence solution to improve compliance for the global financial services companies.

Wipro has signed a global value added reseller agreement with ASG. With this agreement, Wipro will have a non-exclusive license to sell the ASG Enterprise Data Intelligence solution worldwide to its customers.

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Board of Captain Polyplast declares interim dividend
Nov 16,2016

Captain Polyplast announced that the announcement of interim dividend should be read as follows:

- The Board has declared Interim Dividend @2% per share (i.e. 20 Paise per share) for the financial year 2016-17.

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Hind Rectifiers gets credit ratings assigned
Nov 16,2016

Hind Rectifiers announced that ICRA has assigned a long term rating of BB+ and a short term rating of A4+. The Long term rating has a Stable outlook.

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Indian Overseas Bank announces cessation of director
Nov 16,2016

Indian Overseas Bank announced that Chinnaiah, Part-time Non-Official Director of Bank demitted office on 12 November 2016 on completion his term of office.

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Kratos Energy & Infrastructure appoints CFO
Nov 16,2016

Kratos Energy & Infrastructure announced that the Board of Directors of the Company at its meeting held on 14 November 2016, has appointed Mr. Murlidharan P. P. as Chief Financial Offer of the Company with immediate effect.

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JM Financial acquires stake in India Home Loan
Nov 16,2016

JM Financial announced that JM Financial Products, a subsidiary of the Company has on 15 November 2016 acquired 19,93,380 equity shares of India Home Loan (IHL) representing 17.53% of the total paid up equity share capital of IHL through secondary purchase route.

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Den Networks provides update on transfer of 25% equity stake in DEN Sports
Nov 16,2016

Den Networks announced the following update -

Wall Street Investment, majority co-owner of Delhi Dynamos F.C of the Hero Indian Super League has received an in-principle approval from RoC of Delhi and Haryana for changing the name of DEN Sports & Entertainment and DEN Soccer to Delhi Sports & Entertainment and Delhi Soccer respectively.

The Board of Directors of DEN Sports and DEN Soccer in their meeting held on 15 November 2016 has considered and approved -

- Further transfer of 25% equity stake of DEN Sports from DEN Networks to Wall Street;

- Change of name of DEN Sports and DEN Soccer subject to approval of RoC.

- Other completion conditions in terms of agreement executed amongst DEN, Wall Street, DEN Sports and DEN Soccer.

With the said acquisition, the holding of Wall Street has increased from 55% to 80% and the holding of DEN has reduced from 45% to 20%.

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Bharat Financial Inclusion issues Commercial Paper aggregating Rs 25 cr
Nov 16,2016

Bharat Financial Inclusion announced that the Company issued Commercial Papers of an aggregate amount of Rs. 25 crore on 15 November 2016, which have been rated A1+ by a leading rating agency. Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.

The aggregate amount of Commercial Papers outstanding as on date is Rs. 475 crore.

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South Indian Bank gets RBI approval to open overseas branch
Nov 16,2016

South Indian Bank announced that RBI has given its approval vide letter dated 08 November 2016 to open a representative office of the Bank in Dubai, UAE.

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LafargeHolcim increases stake in Ambuja Cement and ACC
Nov 16,2016

ACC announced that LafargeHolcims subsidiary Holderind Investments has increased its shareholding in Ambuja Cement by 39,100,000 shares to 1253156361 shares (63.11% of total Ambuja shares) and in ACC, a subsidiary of Ambuja, by 7870000 shares to 8411000 shares (4.48% of total ACC shares).

The Purchase Price will be paid in INR. The impact of LarfargeHolcims net debt is CHF 325 million. This investment was not included in the Groups net debt objective of around CHF 13 billion at the end of 2016 which should be adjusted accordingly.

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Shares of Salem Erode Investments get listed
Nov 16,2016

The equity shares of Salem Erode Investments (Scrip Code: 540181) are listed effective 16 November 2016 and admitted to dealings on the Exchange in the list of XT Group Securities.

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Outcome of board meeting of Tata Global Beverages
Nov 15,2016

Tata Global Beverages announced that the Board of Directors of the Company considered the continuance of Cyrus P. Mistry as Chairman of the Company at its Board Meeting held on 15 November 2016.

After extensive deliberations, and keeping in view the long term interest and alignment of all stakeholders and stability of the Company, the Board of Directors resolved to replace Cyrus P Mistry as Chairman of the Company, by majority vote, with 7 out of the 10 Directors present at the Board Meeting, voting in favour of the resolution.

The Board of Directors also appointed Harish Bhat - a Non-Executive Director of the Company, as the Chairman of the Company.

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Board of Ruby Cables accepts resignation of director
Nov 15,2016

The Board of Ruby Cables accepts resignation of Rajendra Kumar Patel as Director of the Company with effect from 28 October 2016.

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Karnataka Bank launches special campaign
Nov 15,2016

Karnataka Bank has launched a special Current and Savings Bank account campaign. The nationwide campaign will remain in force for a period of three and half months from 15 November 2016 to 28 February 2017. The Bank plans to open more than 4.15 lakh current and savings bank accounts through this initiative.

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Board of Chokhani International appoints company secretary
Nov 15,2016

Chokhani International announced that Priyanshu Kumar Kandhway has been appointed as Company Secretary & Compliance Officer of the Company with effect from 14 November 2016 in Board Meeting, pursuant to the section 203 of companies Act, 2013 and Regulation 6(1) of Securities & Exchange Board Of India (Listing obligations & Disclosure Requirements) Regulations, 2015.

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