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China plans new city w $290 billion near Beijir BLOOMBERG Beijing April 27

CHINAS PLAN TO build a new city about two hours drive from Beijing has raised hopes it may catalyse better urban design across the nation enhancing economic efficiency and cutting airpolution

The potential for gains is huge in a country where tens of millions of rural residents will move into urban areas by the end of the decade The nations cities are afflicted by urban sprawl and designs that force millions of people to relyon cars to get around exacerbating chronic traffic congestion and choking air pollution

Xiongan New Area an shynounced Aprill has been lauded by state media as a demonstrashytion project for a new model of optimised development in densely-populated areas Hebei province wiII call for interna shytional bids to plan and design the city the official Xinhua News Agency reported on Thursday citing an official of the preparashytory committee for the new zone

Its also intended to ease the pressure on Beijing the capital

Xiongan New Area ann~ced on April h~s

been lauded by state media as a demonstration project for a new model

of optimised development in

densely-populated areas

city that plans to cap its populashytion at 23 million by 2020Morshygan Stanley expects the invest shyment in infrastructure and relocation to run about 2 trillion yuan ($290 billion) in t he first 15 years

Chinas really pushed the idea in the last five years that its done the rapid urbanisation process and now its going to look at quality said Austin Williams author of Chinas Ur shyban Revolution Understanding Chinese Eco-CitiesAlot ofpeoshyple are now aspiring to a quality of life beyond quantity

Chinas shift to greater conshysumption and services-led growth will be led by cities says the World Bank making them key to rebalancing away from a reliance on investment-led exshypansionThe way things are traf-

BLOOMBERG Paris April 27

EMMANUEL MACRON AND Marine Le Pen stepped up their one-on-one battle for the French presidency as the final stretch of campaigning turned increasingly combative

middotWar Declaredmiddot was Liberation newspapers front -page headline on Thursday

After an attempted ambush of a Macron event at a closing appliance factory Wednesday Le Pen 48 appeared on a Mediterranean fishing boat Thursday taking her campaign from the ecopomshyically ravaged north to the far-right National Fronts traditional heartland Macron 39 immeshydiately responded to her latest photo opportunity by blasting her plan to pull France out of the EuroshypeanUnion

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NOncE Pursuant to Regulation 29 (1 ) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Notice is hereby given that the Meeting 01 Ihe Board 01 Directors of the Company will be held on Friday 1 2~ May 2Ot7 at Mumbai to consider and approve the Audited Financial Results lor the quarteryear ended 31 bull Maroll 2017 and to recommend dividend if any The notice of the Board Meeting is also available on website- of the Company at wwwdlinkcoin and of the Stock Exchanges namely BSE and NSE

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