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Guj. Automotive ( 16-Nov-17 )
Gujarat Automotive Gears announced that the NCLT has fixed 20 November 2017 as the date of hearing in the matter of scheme of amalgamation.
H D F C ( 16-Nov-17 )
Housing Development Finance Corporation announced that its subsidiary, HDFC Standard Life Insurance Company has on 15 November 2017 recorded transfer of 29,98,27,818 equity shares of face value of Rs 10 each to various investors who successfully subscribed in the IPO, of which 19,12,46,050 equity shares were offered for sale by the Corporation and 10,85,81,768 equity shares were offered for sale by Standard Life (Mauritius Holdings) 2006.

As a result, the Corporation's shareholding has reduced from 61.21% to 51.69% of the issued and paid up share capital of HDFC Life.

Surya Roshni ( 16-Nov-17 )
Surya Roshni has obtained orders through competitive e-bidding for LED Street Lights amounted to Rs. 89.77 crore for Design, Manufacture, Supply and Testing under PAN India SLNP (Street light National Program) and for Chandrapur, Bikaner (Rajastjan) and Telangana from Energy Efficiency Services (EESL).
Tata Power Co. ( 16-Nov-17 )
Tata Power Strategic Engineering Division announced the receipt of a Contract for the supply of Portable Diver Detection Sonar (PDDS) for Indian Naval applications from Indian Ministry of Defence (MoD).This Contract is a part of “Make in India” initiative and the second contract under the MoD procurement category “Buy and Make (India)” signed by MoD. Tata Power SED partnered with DSIT Solutions, Israel for the delivery of PDDS Systems under a Technology Transfer arrangement for DSIT's Pointshield PDDS. For Diver Detection Sonar's this is one of the largest order in the world market.

PDDS will largely be manufactured in India at the Tata Power SED's Karnataka factories under ToT and support from DSIT Solutions.

Transpek Inds. ( 16-Nov-17 )
Transpek Industry will hold a meeting of the Board of Directors of the Company on 29 November 2017.
Wipro ( 16-Nov-17 )
Wipro announced the launch of industry specific solutions on SAP® Leonardo. The first set of solutions will focus on the utilities industry, while the next will cover the consumer and manufacturing industries. As part of the partnership, Wipro will develop industry specific analytics 'app' on its insights-as-a-service solution, data discovery platform, leveraging SAP Leonardo analytics, big data and data intelligence capabilities.
Safari Inds. ( 16-Nov-17 )
Safari Industries (India) announced that CRISIL has upgraded the Company's bank facilities aggregating Rs 90 crore as under -

Long term rating - CRISIL A-/Stable
Short term rating - CRISIL A2+

Fluidomat ( 16-Nov-17 )
Fluidomat will hold a meeting of the Board of Directors of the Company on 25 November 2017.
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