Oct 19, 2008

Subex launches Velocity

24 Sep 2008 | 10:33




Subex launches Velocity


Subex, a leading global provider of operations and business support
systems has announced the launch of Velocity, a service fulfillment
solution bundle for mobile and converged service providers to manage
the end-to-end lifecycle for next-generation services effectively and
efficiently.

Velocity
is based on production-proven technology from Subex and Nokia Siemens
Networks. It is pre-integrated and modular in nature, giving customers
flexible service creation and delivery solutions for next generation of
wireless and converged offerings. The solution, targeted at mobile and
converged service providers offering both next generation mobile
services as well as traditional wireless and wireline services, aims to
significantly reduce the time and cost involved in the introduction of
new services to customers.

Using Velocity service providers can
dramatically increase ARPU from data services through automatic
configuration of the subscriber?s device, making it easier for
subscribers to try new services. Velocity helps service providers
significantly cut down operational expenditure by reducing the number
of systems and integration points required for enabling new services.
Service providers can further reduce expenditure on customer support
through automation by getting service configuration right the first
time, while also reducing the time to market for new services.

The
solution helps service providers quickly roll out new services across
wireless and wireline platforms through seamless integration of new and
existing systems across the entire OSS/BSS, while maintaining the
accuracy of data.

The company made this announcement during the trading hours today, 24 September 2008.

Monotype India to issue equity shares

24 Sep 2008 | 09:37




Monotype India to issue equity shares


The board meeting of Monotype India will be held on 01 October 2008 to
make preferential issue of equity shares by way of issuance of warrants.

GPT Infraprojects reports net loss of Rs 3.03 crore in the March 2008 quarter

16 Sep 2008 | 10:18




GPT Infraprojects reports net loss of Rs 3.03 crore in the March 2008 quarter


GPT Infraprojects reported net loss of Rs 3.03 crore in the quarter
ended March 2008 as against net profit of Rs 1.25 crore during the
previous quarter ended March 2007. Sales rose 378.27% to Rs 50.84 crore
in the quarter ended March 2008 as against Rs 10.63 crore during the
previous quarter ended March 2007.

For
the full year, net profit declined 32.44% to Rs 2.52 crore in the
yearended March 2008 as against Rs 3.73 crore during the previous year
ended March 2007. Sales rose 42.04% to Rs 133.99 crore in the year
ended March 2008 as against Rs 94.33 crore during the previous year
ended March 2007.

Standard Batteries reports net profit of Rs 0.05 crore in the June 2008 quarter

17 Sep 2008 | 14:49




Standard Batteries reports net profit of Rs 0.05 crore in the June 2008 quarter


Standard Batteries reported net profit of Rs 0.05 crore in the quarter
ended June 2008 as against net loss of Rs 0.03 crore during the
previous quarter ended June 2007. There were no sales reported in the
quarter ended June 2008 and during the previous quarter ended June 2007.

Simplex Infrastructures bags Rs 630 crore order in Dubai

24 Sep 2008 | 13:50




Simplex Infrastructures bags Rs 630 crore order in Dubai


Simplex Infrastructures, one of India's leading infrastructure
solutions providers has announced that it has bagged an order for AE$
525 million (Rs 630 crore) for construction of the 2nd tower of the
Twin-Tower Complex G-Emporium in the city of Arabia, Dubai. The project
is executable over next 30 months.

The
project is a 56-storied commercial tower of the same height and
dimension and measuring 1 million sq.ft., as the first tower. Simplex
Infrastructures had also secured the order for the construction of the
residential tower for AE$ 489 million (Rs 587 crore).

The company made this announcement during the trading hours today, 24 September 2008.

Avance Technologies defers board meeting

24 Sep 2008 | 09:58




Avance Technologies defers board meeting


The board meeting of Avance Technologies which was scheduled to be held
on 23 September 2008 is hereby cancelled as the directors of company
are presently out of station.

Satyam Computer Services allots equity shares

16 Sep 2008 | 14:29




Satyam Computer Services allots equity shares


Satyam Computer Services has allotted 58,211 equity shares under stock
option plans of the company through circular resolution on 15 September
2008.

Consequent
to the above allotment, the paid up share capital of the company has
gone up from 673,429,757 equity shares of Rs 2 each aggregating Rs
1,346,859,514 to 673,487,968 equity shares of Rs 2 each aggregating Rs
1,346,975,936.

This was approved by the company on 16 September 2008.

Trinethra Infra Ventures acquires land for construction of 3-star hotel

17 Sep 2008 | 10:57




Trinethra Infra Ventures acquires land for construction of 3-star hotel


Trinethra Infra Ventures has acquired a piece of land - admeasuring
3597 sq yards at Kakinada in the State of Andhra Pradesh for
construction of 3-star hotel. The company had also completed
Registration and shorty commence construction activities in the said
land.

The company made this announcement during the trading hours today, 17 September 2008.

HDFC Bank to announce Q2 results

24 Sep 2008 | 15:13




HDFC Bank to announce Q2 results


The board meeting of HDFC Bank will be held on 16 October 2008 to
consider the unaudited financial results for the second quarter and
half year ending 30 September 2008 (Q2).

HDFC allots equity shares

16 Sep 2008 | 17:52




HDFC allots equity shares


Housing Development Finance Corporation has allotted 8,523 equity
shares of Rs 10 each pursuant to exercise of stock options by employees.

Post
the above allotment, the paid-up equity share capital of the
corporation would stand at Rs 284,23,17,550 consisting of 28,42,31,755
equity shares of Rs 10 each.

These shares were allotted by the corporation on 16 September 2008.

ACI Infocom to take over educational and training business of Avera Chemicals & Convergent Infotech

19 Sep 2008 | 16:41




ACI Infocom to take over educational and training business of Avera Chemicals & Convergent Infotech


The board of ACI Infocom has approved the proposal for taking over the
educational and training business of Avera Chemicals & Convergent
Infotech with effect from 31 March 2008.

This was approved at the board meeting held on 19 September 2008.

Aptech allots equity shares

22 Sep 2008 | 17:04




Aptech allots equity shares


The committee of Aptech has allotted 57,849 equity shares of face value
Rs 10 each to the eligible employees / optionees who had exercised
their stock options in the second window period kept open in the month
of August 2008, under the first phase of ESOP granted in accordance
with the Aptech equity option plan, 2006.

These shares were allotted at the committee meeting held on 17 September 2008.

Med Ad News announces Biocon is the 7th largest biotech employer in the world

22 Sep 2008 | 16:53




Med Ad News announces Biocon is the 7th largest biotech employer in the world


Biocon, India's pioneering biotechnology enterprise has been ranked as
the 7th largest employer amongst the top global biotechnology
companies, according to a report released by Med Ad News. The report
takes into consideration drug based firms, as these companies provide
the best numbers to track the progress of the sector. Companies have
been ranked by number of employees and Biocon is the only Asian company
to feature at Number 7.

BIO
2008, held in San Diego recently, stated that the global biotechnology
industry will be a $100 billion annual business by 2010. The actual
revenue has reached $85 billion in 2007. There are close to 5000
biotech companies across the globe. The top 25 biotech companies
represent 62% of all biotech sales and probably over 90% of income.

The company made this announcement during the trading hours today, 22 September 2008

Sterlite Technologies allots equity shares

22 Sep 2008 | 11:01




Sterlite Technologies allots equity shares


The committee of Sterlite Technologies has allotted 50,620 equity
shares to various employees in ESOP-2006 scheme of the company.

The company made this announcement during the trading hours today, 22 September 2008.

Kanani Industries to hold board meeting

16 Sep 2008 | 14:06




Kanani Industries to hold board meeting


The board meeting of Kanani Industries will be held on 17 September
2008 to approve change of the company's present registrar and share
transfer agent viz. Intime Spectrum Registry to Sharex Dynamic.

Aurobindo Pharma receives USFDA approval

17 Sep 2008 | 11:11




Aurobindo Pharma receives USFDA approval


Aurobindo Pharma is pleased to announce that it has received the
tentative approval to manufacture and market Abacavir Sulfate tablets
60mg from USFDA.

The
new drug application 22-293 provides for the use of Abacavir Sulfate
60mg tablets in combination with other antiretrovirals for use in
pediatric patients for the treatment of HIV-1 infection.

The
company had earlier received tentative approvals to Abacavir Sulfate
tablets 300mg and Abacavir Sulfate oral solution 20mg/ml. This is
Aurobindo's 77th ANDA approval from USFDA.

The company made this announcement during the trading hours today, 17 September 2008.

Bajaj Finserv to announce Q2 results

22 Sep 2008 | 16:47




Bajaj Finserv to announce Q2 results


The board meeting of Bajaj Finserv will be held on 22 October 2008 to
consider the unaudited financial results for the quarter (Q2) and half
year ending 30 September 2008.

Lupin acquires majority stake in Pharma Dynamics, South Africa

18 Sep 2008 | 12:25




Lupin acquires majority stake in Pharma Dynamics, South Africa


Lupin has completed the acquisition of a majority stake in Pharma
Dynamics (PD) in South Africa. PD is amongst the fastest growing
generic companies and commando a premium image with the medical
profession with a clear leadership in the cardiovascular segment.

PD
reported revenues of Rand 118 miilion for the year ending February
2008. PD ranks at number 6 amongst generic companies and is currently
growing at 34% per annum as per IMS. The founder, Paul Anley, remains
with a significant equity holding and will continue as the CEO of the
organization. The South African market is estimated at US$ 2.5 billion.
Generics currently are a third of the market and growing rapidly.

The company made this announcement during the trading hours today, 18 September 2008.

Surana Corporation appoints additional director

16 Sep 2008 | 14:03




Surana Corporation appoints additional director


The board of Surana Corporation has appointed V Muthu Swami as additional director of the company.This was decided at the board meeting held on 01 September 2008

Power Finance Corporation appoints auditor

16 Sep 2008 | 11:15




Power Finance Corporation appoints auditor


Power Finance Corporation has appointed K K Soni & Co., chartered
accounts as auditors of the company for the financial year 2008-09.

The company made this announcement during the trading hours today, 16 September 2008.

Kesar Enterprises recommends dividend

20 Sep 2008 | 09:31




Kesar Enterprises recommends dividend


The board of Kesar Enterprises has recommended dividend at the rate of
Re 0.50 per share (5%) on equity shares and 1% on cumulative redeemable
preference shares for the years 2006-07 and 2007-08.

This was recommended at the board meeting held on 19 September 2008.

Lanco Global Systems' director & CEO resigns

16 Sep 2008 | 13:56




Lanco Global Systems' director & CEO resigns


The board of Lanco Global Systems has accepted the resignation of Y
Anand Swaroop as director & CEO of the company with effect from 01
September 2008.

This was accepted by the board of director on 09 September 2008.

Rallis India appoints additional director

17 Sep 2008 | 09:24




Rallis India appoints additional director


Rallis India has appointed K P Prabhakaran as additional independent
director of the company with effect from 01 September 2008.

Mather & Platt Pumps to hold EGM

18 Sep 2008 | 09:46




Mather & Platt Pumps to hold EGM


The extraordinary general meeting of Mather & Platt Pumps will be
held on 18 October 2008 to seek voluntary delisting of equity shares of
the company from Bombay Stock Exchange and Pune Stock Exchange.

Educomp Solutions signs agreement with DSERT, Government of Karnataka

26 Sep 2008 | 10:33




Educomp Solutions signs agreement with DSERT, Government of Karnataka


Educomp Solutions has signed an agreement with Department of State
Education Research & Training (DSERT), Government of Karnataka for
implementation of computer aided education in 1571 schools in
Karnataka. The order is valued at Rs 109 crore to be executed over 5
years.

Educomp
has also announced that it has signed an agreement with Government of
Chattisgarh for imparting computer aided education in 52 hostels.

With
the above orders, the total number of schools in the Educomp ICT
portfolio has gone upto 8912. The latest wins will extend the reach of
Educomp's services to approximately additional 800,000 students, thus
taking the total number of students served by Educomp to 5.8 million in
India.

Educomp is the leader in public private partnerships for
the government school sector and its reach extends to 13 states in
India, where state of the art equipment, multilingual content and
experienced staff guide students to understanding difficult to master
abstract academic concepts, thus reducing the drop out rate and
enhancing learning outcomes.

The company made this announcement during the trading hours today, 26 September 2008.

Allied Irish Bank deploys Oracle Flexcube for SEPA credit transfer

16 Sep 2008 | 14:20




Allied Irish Bank deploys Oracle Flexcube for SEPA credit transfer


Oracle Financial Services Software, a majority owned subsidiary of
Oracle has announced that the largest commercial bank in Ireland,
Allied Irish Bank, has gone live with a SEPA credit transfer service
using Oracle Flexcube universal banking and Oracle Flexcube messaging
hub.

The
implementation enables the bank to provide SEPA payment processing for
both retail and corporate accounts in the United Kingdom and in the
Republic of Ireland. Both Oracle Flexcube universal banking and Oracle
Flexcube messaging hub have been awarded SWIFTReady labels in 2008.

Over
four million customers will benefit from the implementation through
faster settlement of payments, reduced transaction charges and improved
customer service. The implementation will help improve efficiency and
lower transaction processing costs at Allied Irish Bank. In addition,
it will provide a unified messaging framework to consolidate financial
messaging including support for SEPA direct debit service in the next
phase of the rollout. Allied Irish Bank rolled out Oracle Flexcube
universal banking to support its operations in Great Britain and the
Republic of Ireland in 2007.

The company made this announcement during the trading hours today, 16 September 2008.

Excel Industries' director resigns

17 Sep 2008 | 09:48




Excel Industries' director resigns


Excel Industries has accepted the resignation of D D Singh, nominee
director appointed by Life Insurance Corporation of India with effect
from 04 September 2008.

The company made this announcement after the trading hours on Tuesday, 16 September 2008.

LCH.Clearnet adopts TCS BaNCS market infrastructure as basis for next generation derivatives clearing

16 Sep 2008 | 17:04




LCH.Clearnet adopts TCS BaNCS market infrastructure as basis for next generation derivatives clearing


TCS Financial Solutions, a strategic business unit of Tata Consultancy
Services, dedicated to providing business application solutions to the
banking, insurance and capital markets Industries has announced the
decision by LCH.Clearnet to select TCS BaNCS Market Infrastructure to
provide the underlying technology for Synapse Clearing Technology
(Synapse), LCH.Clearnet's multi-asset derivatives clearing platform.

LCH.Clearnet
is Europe?s largest clearing house and a leading independent central
counterparty. LCH.Clearnet will work with TCS to develop market leading
TCS BaNCS Market Infrastructure into the most advanced flexible
derivatives clearing platform to which new products and markets can be
added quickly.

Synapse will enable LCH.Clearnet to service
multiple derivative markets through a common platform, over a common
framework which accommodates specializations across multiple markets.
The unique flexibility of the TCS BaNCS Market Infrastructure and
capacity to handle multiple asset classes in a single solution makes it
the ideal foundation on which to base a world-class derivatives
clearing platform.

The company made this announcement during the trading hours today, 16 September 2008.

Torrent Gujarat Biotech reports net loss of Rs 0.13 crore in the June 2008 quarter

16 Sep 2008 | 13:46




Torrent Gujarat Biotech reports net loss of Rs 0.13 crore in the June 2008 quarter


Torrent Gujarat Biotech reported net loss of Rs 0.13 crore in the
quarter ended June 2008 as against net profit of Rs 0.09 crore during
the previous quarter ended June 2007. Sales reported to Rs 3.76 crore
in the quarter ended June 2008. There were no sales reported during the
previous quarter ended June 2007.

For
the full year, net profit declined 89.87% to Rs 0.08 crore in the
yearended June 2008 as against Rs 0.79 crore during the previous year
ended June 2007. Sales reported to Rs 5.40 crore in the year ended June
2008. There were no sales reported during the previous year ended June
2007.

Manglam India reports net profit of Rs 0.08 crore in the March 2008 quarter

16 Sep 2008 | 10:12




Manglam India reports net profit of Rs 0.08 crore in the March 2008 quarter


Manglam India reported net profit of Rs 0.08 crore in the quarter ended
March 2008 as against net loss of Rs 0.02 crore during the previous
quarter ended March 2007. Sales reported to Rs 0.09 crore in the
quarter ended March 2008. There were no sales reported during the
previous quarter ended March 2007.

For
the full year, net profit reported to Rs 0.05 crore in the year
endedMarch 2008 as against net loss of Rs 0.04 crore during the
previous year ended March 2007. Sales reported to Rs 0.09 crore in the
year ended March 2008. There were no sales reported during the previous
year ended March 2007.

Technocraft Industries to recommend dividend

19 Sep 2008 | 11:24




Technocraft Industries to recommend dividend


The board meeting of Technocraft Industries India will be held on 29
September 2008 to consider the audited annual accounts for the year
ended 31 March 2008. To consider consolidated financial Result for the
year ended 31 March 2008 and to recommend the dividend for the
financial year ended 31 March 2008.

Zodiac-JRD-MKJ's equity shareholders to approve scheme of amalgamation

18 Sep 2008 | 16:32




Zodiac-JRD-MKJ's equity shareholders to approve scheme of amalgamation


The meeting of equity shareholders of Zodiac-JRD-MKJ will be held on 27
September 2008 for the purpose of considering the proposed scheme of
amalgamation of MKJ Jewellery with Zodiac-JRD-MKJ.

The company made this announcement during the trading hours today, 18 september 2008.

Chambal Fertilisers & Chemicals appoints additional director

16 Sep 2008 | 13:52




Chambal Fertilisers & Chemicals appoints additional director


The board of Chambal Fertilisers & Chemicals has appointed Saroj
Kumar Poddar as chairman, Shyam S Bhartia as co-chairman of the company
and Chandra Shekhar Nopany as additional director of the company.

This was decided at the board meeting held on 16 September 2008.

Strides Arcolab completes business rearrangement

17 Sep 2008 | 09:34




Strides Arcolab completes business rearrangement


Strides has in the recent past completed a series of divestments and
acquisitions to rearrange its business on 3 specific business segments
- manufacturing and R&D, international front-ended business -
generics and brands and nutraceuticals business.

Further
to the announcement made in November 2007 & March 2008, Strides has
agreed to cede controlling interest in the Latam Operations to Aspen
and will now hold 49% equity in the company for a transition period
until June 30, 2009 when Strides intents to sell the remaining 49% to
Aspen in a pre-arrariged multiple of EBITDA. The transfer of
controlling Interests values the Latam business at US$ 280 million. The
effective sale consideration for the entire share capital of the Latam
operations will amount to 9.32 times the EBITDA up to US$ 11.94 million
plus 11.18 times the EBITDA over US$ 11.94 million.

The company made this announcement after the trading hours on Tuesday, 16 September 2008.

Cadila Healthcare's equity shareholders & unsecured creditors approves scheme of arrangement

23 Sep 2008 | 11:31




Cadila Healthcare's equity shareholders & unsecured creditors approves scheme of arrangement


The equity shareholders and unsecured creditors of Cadila Healthcare
has approved the composite scheme of arrangement between Carnation
Nutra-Analogue Foods and Cadila Healthcare and Zydus Hospitals and
Medical Research and their respective shareholders and creditors.

This was approved at the shareholders meeting held on 18 September 2008.

Patel Engineering bags order worth Rs 696 crore

19 Sep 2008 | 12:06




Patel Engineering bags order worth Rs 696 crore


Patel Engineering, a civil - infrastructure construction company has
bagged orders worth Rs 695.57 crore from the Andhra Pradesh State
Government for the modernization of the Krishna Delta System. The
project includes massive modernization programme of the major river
delta systems to boost irrigation potential along the Bantumilti Canal,
Polarj Canal, Campbell Canal, Dosapadu Channel, Kunderu Channel, East
Bank Canal, Gudivada Channel and their distributaries. The project is
part of the enormous modernization programme undertaken by the state
government on major river delta systems to boost irrigation potential.

The
project work will involve development of Bantumilli Canal (from Km
58.105 to 100.383), Polarj Canal (from Km 58.105 to Km 100.361),
Campbell Canal (from Km 58.105 to Km 96.289) Dosapadu Channel (from Km
0.000 to Km 35.085), Kunderu Channel, East Bank Canal (from Km 7.738 to
Km 64.50) (Package 4), Gudivada Channel (Km 0.000 to Km 39.937) and its
distributaries and for Prakasam Barrage on EPC Turn Key Basis. The
projects are expected to be completed in next 36 months.

The company made this announcement during the trading hours today, 19 September 2008.

GP Electronics to appoint director

23 Sep 2008 | 14:18




GP Electronics to appoint director


The board meeting of GP Electronics will be held on 29 September 2008 for appointment of independent director.

Aurobindo Pharma receives final approval from USFDA

25 Sep 2008 | 14:20




Aurobindo Pharma receives final approval from USFDA


Aurobindo Pharma has received final approval from USFDA to manufacture
and market Didanosine Delayed Release (enteric-coated) capsules 125mg,
200mg, 250mg and 400mg.

Didanosine
Delayed Release capsules is the generic version of Bristol Myer
Squibb's Videx EC (Didanosine) Delayed-release capsules, 125mg, 200mg,
250mg and 400mg and is indicated for the treatment of HIV-1 infections
in adults. This is Aurobindo's 78th ANDA approval from the USFDA.

The company made this announcement during the trading hours today, 25 September 2008.

Solid Stone announces launch of global retail expansion strategy

23 Sep 2008 | 11:22




Solid Stone announces launch of global retail expansion strategy


Solid Stone Company has now taken a progressive step ahead in spreading
its wings across the globe. Stone Source, a premiere brand name in the
Natural Stone Industry after setting up five company owned Boutiques in
India and recently in Dubai, finally arrived in the UK with its first
premium outlet in Leicester inaugurated by one of the leading lights of
the British Asian Community, the Rt. Hon Keith Vaz MP, Chairman of the
influential Home Affairs Select committee and member of the ruling
labour party. Solid Stone Company has set up these retail arm flagship
stores under the name of Stone Source in UK and Middle East in
accordance with launching their global retail initiative strategy.

With
India becoming a name to reckon with in the international market, Solid
Stone Company expanded its expertise in processing stone to create
superior flooring and interior so to UK, thus transforming the company
from national to multinational. India has witnessed many retail chain's
open up here, but Solid Stone reverses the equation by launching their
retail initiative in UK with plans to open operations in the Middle
East as well. The company explores the world to bring the patrons the
best stones that nature has to offer.

The company made this announcement during the trading hours today, 23 September 2008.

Core Projects & Technologies to allot equity shares

19 Sep 2008 | 12:32




Core Projects & Technologies to allot equity shares


The committee of Core Projects & Technologies have approved the
allotment of 8,62,116 equity shares of Rs 2 each on conversion of FCCBs.

These shares were allotted at the committee meeting held on 19 September 2008.

Mastek allots shares

25 Sep 2008 | 09:30




Mastek allots shares


The committee of Mastek has 268,95,730 shares under ESOP and the
paid-up share capital has subsequently increased to Rs 13,44,78,650.

These shares were allotted at the committee meeting held on 24 September 2008.

Aurobindo Pharma receives IndiaStar 2008 for packaging excellence

23 Sep 2008 | 14:00




Aurobindo Pharma receives IndiaStar 2008 for packaging excellence


Aurobindo Pharma is pleased to announce that its pack design for
Cefpodoxime Proxetil PFOS has been awarded the IndiaStar 2008, the
highest recognition for excellence in packaging in India.

IndiaStar
award is a recognition of excellence in packaging development for
functional design and appeal by Indian Institute of Packaging (IIP).

Patni Computer unveils Patni financial exchange management framework

23 Sep 2008 | 11:46




Patni Computer unveils Patni financial exchange management framework


Patni Computer Systems, a leading global IT services provider has
announced the release of Patni financial exchange management, a
business process framework that streamlines the operations of stock,
commodity and mercantile exchanges.

The
new offering, based on Oracle E-Business suite technology, leverages
experience Patni has gained from years of doing projects for major
exchanges. It features a business process framework for exchanges'
back-office operations along with consistent templates and reports that
drive the overall efficiency of operations.

Patni's approach
incorporates the company's knowledge of the fee structures exchanges
charge, the regulatory environment they operate in and the audits they
are subjected to. The result is a framework of business best practices
that addresses their unique business challenges.

Back-office
efficiency is critical to operation of these major exchanges. Patni
Financial Exchange Management drives these efficiencies, providing
solutions that address core financials, fixed assets, and key processes
including order to cash, procure to pay, and record to report.

The company made this announcement during the trading hours today, 23 September 2008.

Asahi Fibres to hold board meeting

26 Sep 2008 | 09:32




Asahi Fibres to hold board meeting


The board meeting of Asahi Fibres will be held on 04 October 2008 for
borrowings from banks / institutions and from others of a sum not
exceeding Rs 1000 crore.

Heritage Foods India to hold board meeting

17 Sep 2008 | 12:05




Heritage Foods India to hold board meeting


The board meeting of Heritage Foods India will be held on 26 September
2008 for incorporating a wholly owned subsidiary company and other
matter as per agenda.

Pressure Sensitive Systems India reports net loss of Rs 0.09 crore in the June 2008 quarter

16 Sep 2008 | 15:21




Pressure Sensitive Systems India reports net loss of Rs 0.09 crore in the June 2008 quarter


Pressure Sensitive Systems India reported net loss of Rs 0.09 crore in
the quarter ended June 2008 as against net loss of Rs 0.09 crore during
the previous quarter ended June 2007. Sales declined 50.00% to Rs 0.01
crore in the quarter ended June 2008 as against Rs 0.02 crore during
the previous quarter ended June 2007.

Autoline Industries acquires 100% stake in Koderat Investments

18 Sep 2008 | 09:42




Autoline Industries acquires 100% stake in Koderat Investments


The committee of Autoline Industries has approved the acquisition of
100% stake in Koderat Investments, a company incorporated and existing
under the laws of Cyprus; acting as a SPV for the purpose of further
investment into an Italian S.r.l. which will be in automotive design
sector in Italy.

This was approved by the committee of directors on 17 September 2008.

Hulta Pharmaceutical Export to increase authorised capital

16 Sep 2008 | 14:09




Hulta Pharmaceutical Export to increase authorised capital


The board of Hulta Pharmaceutical Export has decided to increase the
authorised share capital of the company from the present level of Rs 10
crore to Rs 15 crore.

The
board has decided to offer, issue and allot 54,60,000 equity shares of
Rs 10 each for cash at par on rights basis in the ratio of 1 new equity
share for every 1 equity share held.

This was decided at the board meeting held on 13 September 2008.

Ganesh Housing Corporation to hold board meeting

23 Sep 2008 | 15:27




Ganesh Housing Corporation to hold board meeting


The board meeting of Ganesh Housing Corporation will be held on 01
October 2008 to consider about inserting provisions in the articles of
association of the company with regard to buy back of equity shares of
the company.

Trans Asia Corporation reports net profit of Rs 0.04 crore in the June 2008 quarter

16 Sep 2008 | 16:32




Trans Asia Corporation reports net profit of Rs 0.04 crore in the June 2008 quarter


Trans Asia Corporation reported net profit of Rs 0.04 crore in the
quarter ended June 2008 and also during the previous quarter ended June
2007. Sales declined 29.33% to Rs 24.84 crore in the quarter ended June
2008 as against Rs 35.15 crore during the previous quarter ended June
2007.