GAIL
GAIL rated as the Top Gas - Transmission Company New Delhi, November 20, 2019:
GAIL (India) Limited has been awarded as the top Indian company in the Gas - Transmission Sector at the Dun & Bradstreet Infra Awards 2019 held here. The award was presented by Hon'ble Minister of State for Road Transport and Highways General (Retd.) V. K. Singh to GAIL Director (Finance) Shri A. K. Tiwari and Executive Director (O&M) Shri S. V. Prasad.
This is the second time that GAIL has received this award. The 'Dun & Bradstreet Corporate Infra Awards 2019' seeks to recognize and felicitate corporate India's leading infrastructure companies from various sectors supporting the country's growth. The award facilitates India's leading infrastructure companies and prominent infrastructure projects under various categories. It brings under one roof all the eminent contributors of the Indian Infrastructure sector.
HAVELLS INDIA
Havells India Limited, a leading Fast‐Moving Electrical Goods (FMEG) company, introduced ST^Dx, Communication ready range of switchgear. Aesthetically designed, imbued and crafted to meet the requirements of evolving construction and manufacturing industry, with IP43 and IK09 certified Distribution boards.
The growing focus on future ready and innovative solutions in the electrical industry is rapidly transforming the electrical products and systems required to meet sustainability standards. In future, the power system will be technologically superior, smart, self‐healing and conducive to IT enabled data sharing and management technology. In line with these demands, the low voltage electrical switchgear industry is also transforming at a rapid pace.
Addressing this need, Havells has launched its latest switchgear ST^Dx, to enhance performance in order to meet the operational challenges with smart monitoring and user‐friendly features. The technologically advanced communication ready range of Circuit Protection device and Distribution Board (DB) provides multiple functionalities such as field monitoring and energy management in addition to circuit identification and positive contact indication.
Commenting on the launch, Mr. Saurabh Goel, President, Havells India Ltd, said. “We are delighted to bring ST^Dx range of MCB, RCCB and DB to Tamil Nadu, industrial hub of the country. The ST^D x range of MCB, RCCB and DB are highly functional, intuitive and performance‐driven , keeping pace with changing times and evolving needs, of Industrial, commercial and residential sectors. ST^Dx range is true blend of Smart design and functionality which ensures user friendliness and precise performance”
With multifunctional capabilities, the advanced version of Havells ST^DX offersrealtime monitoring status and facilitate pro‐active maintenance of the device. The entire range will improve uptime making modern businesses more competitive and limiting intervention cost. With advanced programming of load cycle and efficient energy management, the range is aiming to minimize energy wastage and improve sustainability. Designed to meet the modern needs, the advanced range will enhance safety with flag indication features along with providing ease of usage with its user‐friendly features as well.
ITC LTD
Allotment of ESOP / ESPS
JK CEMENT
This is to bring to your kind notice that vide letter dated 20.11.2019 M/s Yadu International Ltd., Promoter of JKC has informed its intention to acquire 6,35,000 Equity Shares of Smt. Sushila Devi Singhania, a Promoter Group person. This acquisition tantamounts to transfer inter se between Smt. Sushila Devi Singhania, a promoter Group person to M/s Yadu International Ltd. a promoter of JKC. We have been informed that these transfers are proposed to be affected by way of Block Deal through Stock Exchange(s). This would help in maintaining continuity of management and align ownership interest.
ZEE ENTERPRISE
Essel Group to further divest its stake in ZEEL 20th November 2019, Mumbai: The Essel Group ("Group") is planning to sell -16.5% stake in ZEE Entertainment Enterprises Limited ("ZEEL") to financial investors.
The Group seeks to sell up to -16.5% stake in ZEEL to financial investors, in order to repay loan obligations to certain lenders of the Group for whose benefit such shares are currently encumbered (and who have consented to such share sale by the Group). Out of the aforesaid the Group seeks to sell-2.3% stake in ZEEL to OFI Global China Fund, LLC and lor its affiliates.
Pursuant to the aforementioned transactions, the post-transaction overall holdings of the Group in ZEEL will be -5%, out of which encumbered holdings of the Group will reduce to -1.1% of ZEEL.
This development reaffirms the Group's positive progress on its overall asset divestment approach, undertaken to generate adequate liquidity for the repayment process. The Group is also working actively on further divestments including its medial non-media assets and remains confident to complete the same.
TCS LTD
"TCS Collaborates with Qualcomm to Launch New Innovation Hub to Develop Next-Gen AI Solutions with 5G"
STERLITE TECHNOLOGIES
Allotment of ESOP / ESPS Company Update
ONGC CORPORATION
We hereby inform that the following three Independent Director(s) of the Company, ceased to be Director of the Company upon completion of their tenure of office on 19.11.2019. 1. Shri Ajai Malhotra 2. Prof. S.S. Kedare 3. Shri K M Padmanabhan
OIL INDIA
OIL COMMENCES 2D VIBROSEIS SEISMIC SURVEY OPERATIONS IN ITS OALP-I BLOCK (RJ-ONHP-2017/9) Oil India Limited, India's second largest National Exploration & Production (E&P) Company announces the commencement of exploration activities including seismic survey data acquisition in Rajasthan's Siyasar block RJ-ONHP-2017/9 won under OALP-I round, on 20. 11.2019. The block falls under Bikaner and Ganganagar District of Rajasthan. With this, OIL becomes the first operator to begin the exploration activities under the committed work programme (CWP)in an OALPregime block in the country.
Ministry of Petroleum and Natural Gas (MoP&NG)under Government of India has undertaken wide gamut of path breaking reforms in the past five years in the E&P sector including Open Acreage Licensing Policy (OALP)along with the National Data Repository (NDR)being launched in June 2017. OIL has been awarded total of Twenty one (21) exploration blocks under OALP-I,II, III and IVrounds.
The revenue sharing contract of the above mentioned block was signed on 01.10.2018 while the Petroleum Exploration License (PEL) of the block was awarded by the Govt. of Rajasthan on 27.05.2019 for a period of 3 years.
NDTV LTD
1n continuation of the disclosures made by New Delhi Television Limited (“NDTV”) on 18th June 2019, 17’Ih September 2019 and 23rd October 2019, Dr. Prannoy Roy and Mrs. Radhika Roy (“Promoters”) and RRPR Holding Private Limited (“Promoter Group”) have informed NDTV as under:
In appeals instituted by each RRPR Holdings Private Limited, Dr. Prannoy Roy and Mrs. Radhika Roy, assailing the 14“1 June 2019 order of the Securities Exchange Board of India (“impugned Order”), the Securities Appellate Tribunal at Mumbai, at a hearing on 19‘h November 2019, has extended the stay, in Operation against the Impugned Order granted vide order dated 18th June 2019, until the next date of hearing. The appeals have accordingly been adjourned, and are now scheduled to be listed on 21St January 2020.
GAIL rated as the Top Gas - Transmission Company New Delhi, November 20, 2019:
GAIL (India) Limited has been awarded as the top Indian company in the Gas - Transmission Sector at the Dun & Bradstreet Infra Awards 2019 held here. The award was presented by Hon'ble Minister of State for Road Transport and Highways General (Retd.) V. K. Singh to GAIL Director (Finance) Shri A. K. Tiwari and Executive Director (O&M) Shri S. V. Prasad.
This is the second time that GAIL has received this award. The 'Dun & Bradstreet Corporate Infra Awards 2019' seeks to recognize and felicitate corporate India's leading infrastructure companies from various sectors supporting the country's growth. The award facilitates India's leading infrastructure companies and prominent infrastructure projects under various categories. It brings under one roof all the eminent contributors of the Indian Infrastructure sector.
HAVELLS INDIA
Havells India Limited, a leading Fast‐Moving Electrical Goods (FMEG) company, introduced ST^Dx, Communication ready range of switchgear. Aesthetically designed, imbued and crafted to meet the requirements of evolving construction and manufacturing industry, with IP43 and IK09 certified Distribution boards.
The growing focus on future ready and innovative solutions in the electrical industry is rapidly transforming the electrical products and systems required to meet sustainability standards. In future, the power system will be technologically superior, smart, self‐healing and conducive to IT enabled data sharing and management technology. In line with these demands, the low voltage electrical switchgear industry is also transforming at a rapid pace.
Addressing this need, Havells has launched its latest switchgear ST^Dx, to enhance performance in order to meet the operational challenges with smart monitoring and user‐friendly features. The technologically advanced communication ready range of Circuit Protection device and Distribution Board (DB) provides multiple functionalities such as field monitoring and energy management in addition to circuit identification and positive contact indication.
Commenting on the launch, Mr. Saurabh Goel, President, Havells India Ltd, said. “We are delighted to bring ST^Dx range of MCB, RCCB and DB to Tamil Nadu, industrial hub of the country. The ST^D x range of MCB, RCCB and DB are highly functional, intuitive and performance‐driven , keeping pace with changing times and evolving needs, of Industrial, commercial and residential sectors. ST^Dx range is true blend of Smart design and functionality which ensures user friendliness and precise performance”
With multifunctional capabilities, the advanced version of Havells ST^DX offersrealtime monitoring status and facilitate pro‐active maintenance of the device. The entire range will improve uptime making modern businesses more competitive and limiting intervention cost. With advanced programming of load cycle and efficient energy management, the range is aiming to minimize energy wastage and improve sustainability. Designed to meet the modern needs, the advanced range will enhance safety with flag indication features along with providing ease of usage with its user‐friendly features as well.
ITC LTD
Allotment of ESOP / ESPS
JK CEMENT
This is to bring to your kind notice that vide letter dated 20.11.2019 M/s Yadu International Ltd., Promoter of JKC has informed its intention to acquire 6,35,000 Equity Shares of Smt. Sushila Devi Singhania, a Promoter Group person. This acquisition tantamounts to transfer inter se between Smt. Sushila Devi Singhania, a promoter Group person to M/s Yadu International Ltd. a promoter of JKC. We have been informed that these transfers are proposed to be affected by way of Block Deal through Stock Exchange(s). This would help in maintaining continuity of management and align ownership interest.
ZEE ENTERPRISE
Essel Group to further divest its stake in ZEEL 20th November 2019, Mumbai: The Essel Group ("Group") is planning to sell -16.5% stake in ZEE Entertainment Enterprises Limited ("ZEEL") to financial investors.
The Group seeks to sell up to -16.5% stake in ZEEL to financial investors, in order to repay loan obligations to certain lenders of the Group for whose benefit such shares are currently encumbered (and who have consented to such share sale by the Group). Out of the aforesaid the Group seeks to sell-2.3% stake in ZEEL to OFI Global China Fund, LLC and lor its affiliates.
Pursuant to the aforementioned transactions, the post-transaction overall holdings of the Group in ZEEL will be -5%, out of which encumbered holdings of the Group will reduce to -1.1% of ZEEL.
This development reaffirms the Group's positive progress on its overall asset divestment approach, undertaken to generate adequate liquidity for the repayment process. The Group is also working actively on further divestments including its medial non-media assets and remains confident to complete the same.
TCS LTD
"TCS Collaborates with Qualcomm to Launch New Innovation Hub to Develop Next-Gen AI Solutions with 5G"
STERLITE TECHNOLOGIES
Allotment of ESOP / ESPS Company Update
ONGC CORPORATION
We hereby inform that the following three Independent Director(s) of the Company, ceased to be Director of the Company upon completion of their tenure of office on 19.11.2019. 1. Shri Ajai Malhotra 2. Prof. S.S. Kedare 3. Shri K M Padmanabhan
OIL INDIA
OIL COMMENCES 2D VIBROSEIS SEISMIC SURVEY OPERATIONS IN ITS OALP-I BLOCK (RJ-ONHP-2017/9) Oil India Limited, India's second largest National Exploration & Production (E&P) Company announces the commencement of exploration activities including seismic survey data acquisition in Rajasthan's Siyasar block RJ-ONHP-2017/9 won under OALP-I round, on 20. 11.2019. The block falls under Bikaner and Ganganagar District of Rajasthan. With this, OIL becomes the first operator to begin the exploration activities under the committed work programme (CWP)in an OALPregime block in the country.
Ministry of Petroleum and Natural Gas (MoP&NG)under Government of India has undertaken wide gamut of path breaking reforms in the past five years in the E&P sector including Open Acreage Licensing Policy (OALP)along with the National Data Repository (NDR)being launched in June 2017. OIL has been awarded total of Twenty one (21) exploration blocks under OALP-I,II, III and IVrounds.
The revenue sharing contract of the above mentioned block was signed on 01.10.2018 while the Petroleum Exploration License (PEL) of the block was awarded by the Govt. of Rajasthan on 27.05.2019 for a period of 3 years.
NDTV LTD
1n continuation of the disclosures made by New Delhi Television Limited (“NDTV”) on 18th June 2019, 17’Ih September 2019 and 23rd October 2019, Dr. Prannoy Roy and Mrs. Radhika Roy (“Promoters”) and RRPR Holding Private Limited (“Promoter Group”) have informed NDTV as under:
In appeals instituted by each RRPR Holdings Private Limited, Dr. Prannoy Roy and Mrs. Radhika Roy, assailing the 14“1 June 2019 order of the Securities Exchange Board of India (“impugned Order”), the Securities Appellate Tribunal at Mumbai, at a hearing on 19‘h November 2019, has extended the stay, in Operation against the Impugned Order granted vide order dated 18th June 2019, until the next date of hearing. The appeals have accordingly been adjourned, and are now scheduled to be listed on 21St January 2020.