ALEMBIC PHARMA
Alembic Pharmaceuticals Limited announces its joint venture, Aleor Dermaceuticals Ltd., received Establishment Inspection Report (EIR) for its Formulation Facility at KarkhadiAleor Dermaceuticals Ltd. (Aleor), a 60:40 Joint Venture between Alembic Pharmaceuticals Ltd (Alembic) and Orbicular Pharmaceutical Technologies Pvt. Ltd. (Orbicular), has received Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for the inspection carried out by them at Aleor's Formulation Facility at Karakhadi, Gujarat, India during the period from 15th September, 2019 to 20th September, 2019.
ANDHRA CEMENTS LTD
Plant Operations of the Company was temporarily d isrupted due to power disconnection and way bill blocking by the GST AuthoritiesCASTROL INDIA
Castrol India Limited has entered into a strategic partnership with Renault India Private Limited, under which, Castrol will be Renault India's aftersales engine oil lubricants supplier effective 1 January 2020 and the product range will be available nationally across Renault dealerships.CITY UNION BANK
Opening Of Two New BranchesINDIA NIPPON
We wish to inform you that, Mahle Electric Drives Japan Corporation (MEDJ), one of our Promoter entities and Joint Venturer by virtue of Joint Venture Agreement dated 24th August, 1985 ('Joint Venture Agreement/ JVA'), holding 46,41,000 equity shares in the Company (which is 20.52% of the Company's equity share capital), proposes to carry out an exempted inter-se transfer of not more than 34,28,570 shares (which is 74% of its shareholding in the Company and 15.156% of the equity share capital of the Company) to its another group Company Mahle Holding (India) Private Limited (MHIL), under Regulation 10 (1) (a) (iii) of the SEBI (Acquisition of Shares & Takeovers) Regulations, 2011.In connections with this, a Deed of Adherence was executed on 1 ih December, 2019 to bind MHIL to the terms & conditions and to grant the rights under the Joint Venture Agreement, to the extent stated therein. The inter-se transfer of shares shall be completed in due course by ensuring all requisite Compliances under the relevant SEBI Regulations and other statutory requirements
INFOSYS
Infosys’ agreement concludes the California Attorney General’s investigation into allegations related to the payment of state payroll taxes for some employees traveling on B-1 visas dating back to 2006. The agreement—which notes that Infosys strongly disputes the allegations and in which Infosys admits no wrongdoing—will result in the case being dismissed with prejudice and was reached to avoid the time, expense, and distraction of protracted litigation on allegations dating back more than 13 years. Infosys maintains robust policies and procedures to ensure adherence with all applicable regulations and laws.INTELLECT DESIGN ARENA
ARX, a new integrated suite of security services launched to redefine security with modern identityARX is an integrated suite of security services to provide end-to-end security with regard to user identification, authentication, single sign-on and entitlements. Built on the robust principles of Design Thinking at the R&D Innovation Lab at Intellect, it is trusted by over 200 financial institutions worldwide and for the first time, Intellect is launching ARX as a standalone product for corporates.
ARX will give the businesses the security they need to secure digital identities of users and restrain unauthorised access. It's an enterprise-grade service, built for on-premise, but compatible with any cloud deployment. With ARX, IT can manage any employees’ / customers’ access to any application from any device.
LG BALAKRISHNAN & BROS LTD
The overall percentage of promoters holding have been enhanced from 46.50% to 47.97%. (Increase by 1.47%) . However, the shares sold by Sri V Rajvirdhan, one of the promoters, is only 96,618 shares constituting 0.31% of the total Paid-up Capital of the Company. This is related to his requirement personally. And this has nothing to do with the performance of M/s L.G.Balakrishnan & Bros LimitedMARUTI SUZUKI
Maruti Suzuki WagonR celebrates two decades of iconic journeyo WagonR has delighted over 24 lakh families across three generations
o Nearly 25% repeat customers, reaffirming a strong brand affinity
o New WagonR with the Dilse-Strong appeal, bolder looks and powerful engine, carries forward the legacy of the iconic brand
The iconic Maruti Suzuki WagonR, trusted by over 24 lakh families, has completed two decades since its launch in 1999. Consistently featured amongst India’s 10 top selling cars in the last 20 years, WagonR has successfully created benchmarks in the journey. Liked for its bold design, high seating, enhanced space and high utility, WagonR has been a repeat buy for over 25 per cent of its customers.
MAJESCO
Texas Farm Bureau Insurance Upgrades Majesco Policy for P&C on Majesco CloudInsurer® to Strengthen Agility and Speed to MarketMajesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Texas Farm Bureau Insurance upgraded to the newest version of Majesco Policy for P&C and moved from on-premise to Majesco CloudInsurer® to strengthen their agility and speed to market. The move to the SaaS model will deliver content, speed and scalability for their commercial lines operation, including umbrella, commercial property and general liability
“Texas Farm Bureau Insurance’s original selection and implementation of Majesco Policy for P&C has proven to be strategically important,” commented Craig Daughtery, Vice President of Underwriting for Texas Farm Bureau Insurance. “The continued rapid market changes and our ability to quickly adapt to them will be strengthened even further with this upgrade and move to the cloud. Majesco’s commitment to next generation technology will provide us leading-edge business capabilities that will strengthen our commitment to customer service excellence. We look forward to our deepening and expanding partnership with Majesco.”
Texas Farm Bureau Insurance has been protecting Texans since 1952 with a mission to help their customers manage the financial risks of everyday life. For eight consecutive years Texas Farm Bureau Insurance has been ranked “Highest Customer Satisfaction among Auto Insurers in Texas” by J.D. Power.