eClerx Services in Forbes '200 Best Under a Billion' list

eClerx Services in Forbes '200 Best Under a Billion' list

eClerx Services, India?s first listed KPO, has being included in Forbes
magazine?s annual ?200 Best Under A Billion? list for 2008. This year,
Forbes magazine reviewed 24,155 publicly-listed Asian companies with
sales under US$ 1billion and shortlisted 200 of the best companies
judged on a number of performance criteria including growth in sales
and profitability.

ESL
provides data analytics and customized process solutions to global
enterprise clients from its offshore delivery centres in India. It is
also the only company featured in the list from the ?data analytics?
segment. While there are four companies in the list from ?outsourcing?
business, eClerx Services is only company from the emerging KPO
business.

The company made this announcement after the trading hours on Monday, 22 September 2008.

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India Nippon Electricals appoints director

23 Sep 2008 | 14:05
India Nippon Electricals appoints director


The shareholders of India Nippon Electricals has appointed K Nakamura
as director of the company in place of A Terasaki.

This was decided at the annual general meeting held on 21 August 2008.

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Infomedia India changes its name

25 Sep 2008 | 09:43

Infomedia India changes its name


Infomedia India has announced that the name of the company has been
changed from Infomedia India to Infomedia 18. The said change is
effective from 16 September 2008.

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

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JK Lakshmi Cement appoints nominee director

24 Sep 2008 | 09:46
JK Lakshmi Cement appoints nominee director

JK Lakshmi Cement has announced that IDBI Bank has withdrawn the
nomination of Pradip Roy from the board of the company.

The company has appointed Amita Narain as its nominee director with effect from 08 September 2008.

The company made this announcement after the trading hours on Tuesday, 23 September 2008.

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Bodal Chemicals allots equity shares

25 Sep 2008 | 16:26
Bodal Chemicals allots equity shares

The board of Bodal Chemicals has allotted 67,612 equity shares of Rs 10
each fully paid to the shareholders of the erstwhile MOL as on record
date i.e. 20 September 2008 in ratio of 1 equity share of BCL for every
100 equity shares of Milestone Organics, as per the scheme of
amalgamation of MOL with BCL.

These shares were allotted at the board meeting held on 25 September 2008.

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Glenmark Generics receives USFDA approval

25 Sep 2008 | 14:24
Glenmark Generics receives USFDA approval

Glenmark Generics (GGL) US subsidiary has received ANDA approval from
USFDA for Betamethasone Dipropionate cream, 0.05%(augmented) and will
soon commence marketing and distribution of this product in the U.S.
market.

Betamethasone
Dipropionate is a high-potency corticosteroid indicated for the relief
of the inflammatory and pruritic manifestations of
corticosteroidresponsive dermatoses and is the generic therapeutic
equivalent of Diprolene AF cream marketed by schering.

This is
the eighth steroidal dermatological product in the company's marketed
product portfolio targeting an overall segment value of US$ 60 million.
This recent approval aligns with Glenmark?s strategy to continue
strengthening its presence in this niche segment. Two ANDA approvals
from the company's semi-solid pipeline were received in the last
quarter - Mometasone Furoate cream 0.1% and Mometasone Furoate ointment
0.1%. These products will be manufactured at Glenmark's U.S. FDA
approved state of the art semi-solid facility located in Baddi, India.
GGL had earlier licensed the US marketing rights for a line of
Clobetasol Propionate dermatology products that include - cream,
emulsified cream, ointment, gel and topical solution through a US based
pharmaceutical development company.

Glenmark's current portfolio
consists of 34 products, translating to 126 SKUs, authorized for
distribution in the U.S. marketplace. The company has over 35 ANDA?s
pending approval with the USFDA of which 20% fall within the
dermatology segment. In addition to these internal filings, GGI
continues to identify and explore external development partnerships to
supplement and accelerate the growth of the existing pipeline and
portfolio.

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

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Bank of India to hold EGM

18 Sep 2008 | 10:04
Bank of India to hold EGM

The extraordinary general meeting of Bank of India will be held on 23 October 2008.

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Patni Computer Systems unveils atoms for Oracle

23 Sep 2008 | 12:16
Patni Computer Systems unveils atoms for Oracle

Patni Computer Systems, a leading global IT services provider has
announced the release of Patni atomsTM for Oracle, a prepackaged
business process platform that telecommunications and media providers
can leverage to accelerate their business and IT transformation
programs. Patni atomsTM enables these providers to launch new wireless,
phone, cable, Internet and media product and service offerings quickly,
efficiently and economically.

Patni
atomsTM, short for Accelerated Telecom Operations and Media Solutions,
represents the real-world knowledge and intellectual property that
Patni acquired and packaged from telecom and media service providers
worldwide, including The carphone warehouse in the UK. A blueprint for
the telco future operating model, atoms consists of pre-configured
telecom and media business processes coupled with the integrated Patni
services (consulting, systems integration, ADM and managed services)
wrapped in a global delivery model.

Using Patni atomsTM,
telecommunications and media providers can deliver new services, based
on a platform developed by a global IT provider with experience in the
telecom space, without undertaking the risk and uncertainty of a more
complex enterprise-level implementation. The solution offers existing
customers and a large pool of new customer targets a cost-effective,
flexible means of getting to market quickly before a market opportunity
closes.

Service providers standardized on Oracle Corporation?s
software stack can now take advantage of Patni atomsTM for Oracle,
where the core business processes have now been realized on Oracle
Fusion middleware platform and seamlessly integrates with Oracle Siebel
eCommunications, Oracle BRM and Oracle MetaSolv.

Patni atomsTM
is one of two new offerings based on Oracle technology Patni is
unveiling this week at Oracle OpenWorld 2008 in San Francisco. The
other offering helps financial exchange operators automate conversion
processes integral to a regulated environment. Patni atomsTM offers
built-in business processes for customer management, credit management,
payments, billing, assurance, fulfillment, fraud management and sales
and marketing.

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

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Tricom India to allot equity shares

Tricom India to allot equity shares


The board meeting of Tricom India will be held on 30 September 2008 to
allot equity shares against options exercised by eligible employees
under ESOS, 2004.
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Tricom India to allot equity shares

22 Sep 2008 | 17:58

Tricom India to allot equity shares

The board meeting of Tricom India will be held on 30 September 2008 to
allot equity shares against options exercised by eligible employees
under ESOS, 2004.

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Punjab National Bank to raise Rs 500 crore

17 Sep 2008 | 15:48

Punjab National Bank to raise Rs 500 crore


Punjab National Bank will be raising Rs 500 crore as PNB upper tier II
bonds series V, with option to retain oversubscription, through private
placement.

The proposed date of opening is 22 September 2008 and proposed date of closing is 27 September 2008.

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

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Linc Pen's equity shareholders to approve scheme of amalgamation

22 Sep 2008 | 17:10
Linc Pen's equity shareholders to approve scheme of amalgamation

The equityshareholders meeting of Linc Pen & Plastics will be held
on 22 October 2008 for the purpose of considering the scheme of
amalgamation between Shree Writing Aid with Linc Pen & Plastics and
their respective shareholders.

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

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HCL Technologies allots equity shares

25 Sep 2008 | 09:36
HCL Technologies allots equity shares

The board of HCL Technologies has allotted 1,45,644 equity shares of Rs
2 each under the 1999, 2000 & 2004 stock option plans of the
company.

Consequent
to the said allotment the paid-up share capital of the company has gone
up to 668,681,820 equity shares of Rs 2 each aggregating to Rs
133,73,63,640.

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

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Infotech's EGIS implementation wins prestigious GITA excellence award

17 Sep 2008 | 16:00
Infotech's EGIS implementation wins prestigious GITA excellence award

Infotech Enterprises, a global technology solutions provider with
headquarters in Hyderabad, India has announced that its EGIS
Implementation at NDPL has been awarded the GITA excellence award by
GITA-ANZ. Infotech Enterprises is first company to implement an
Enterprise GIS (EGIS) to a utility in India. With around 3,300 GIS
professionals and 16 years of wide-ranging customer engagements,
Infotech is one of the largest and most accomplished companies in the
industry today.

At
NDPL, Infotech has fully implemented their geographical information
system and integrated it with their business and distribution
management systems. EGIS has thus become a reliable source of
information to provide data for operations, commercial, planning and
asset management. The data is always updated on a real time basis which
gives the right information at the right time for better and more
efficient decision making.

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

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Restile Ceramics appoints directors

26 Sep 2008 | 09:42
Restile Ceramics appoints directors

The board of Restile Ceramics has appointed Sundearesan Hariharan,
Seetharaman TR, Ramachandran N S and Raghavan R S as independent
directors.

The board has accepted the resignation of V Padmakar, G Padmanabhan and Raj Mitta from the board.

This was decided at the board meeting held on 30 August 2008.

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EID Parry India declares dividend

24 Sep 2008 | 14:11
EID Parry India declares dividend

The board of EID Parry India has declared special dividend at the rate
of Rs 4 per share (200%) for the financial year ending 31 March 2009.

This was declared at the board meeting held on 24 September 2008.

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Hon'ble Allahaba High Court approves scheme of arrangement / de-merger of Willard India

23 Sep 2008 | 15:44

Hon'ble Allahaba High Court approves scheme of arrangement / de-merger of Willard India


Willard India has announced that the Hon'ble Allahabad High Court vide
its order dated 22 September 2008 has approved the scheme of
arrangement / de-merger of the company.

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

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Sobha Developers to allot equity shares

24 Sep 2008 | 10:19
Sobha Developers to allot equity shares

The members of Sobha Developers have accorded the board to create,
offer and issue to the equity shareholders of the company as on the
record date equity shares of Rs 10 each of the company for a sum up to
Rs 3,500 million.

This was accorded at the extraordinary general meeting held on 22 september 2008.

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Lanco Infratech secures contract worth Rs 308.98 crore

22 Sep 2008 | 17:29

Lanco Infratech secures contract worth Rs 308.98 crore

Lanco Infratech has received letter of acceptance from Andhra Pradesh
Health & Medical Housing & Infrastructure Dev.
Corporation(APHMHIDC), an enterprise of Government of Andhra Pradesh
for the construction of buildings for Rajiv Gandhi University of
Knowledge Technologies IIIT at Basara in Adilabad District in Andhra
Pradesh at a total contract value of Rs 308.98 crore.

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

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Mukta Arts acquires 51% stake in Coruscant Tec

19 Sep 2008 | 12:40
Mukta Arts acquires 51% stake in Coruscant Tec
Mukta Arts has acquired 51% controlling stake in Coruscant Tec, a
Chennai based VAS company. Coruscant Tec, founded in 2003 by Ajay
Adiseshann and Probir Roy, was one the first companies to venture into
the lucrative mobile value added services space and provide content and
applications related to the fast growing MVAS space.

These
cover ringtones, wallpapers, video on demand, applications, m-comics,
mobizines, mobiepisodes and java games. Coruscant is a Red Herring
award winner in 2006 and has done innovative work in MVAS such as MF
Hussain wallpapers, Uncle Pai comics, aggregation of java games,
repurposing magazine content for the mobile, etc.

Coruscant Tec
already has several tie ups in place for content aggregation as well as
for distribution of content through major Telcos. The company is
undercapitalized and was seeking investors who could create and
aggregate content which is the key to this business. For Mukta Arts
which has access to short content created by Whilstling Woods students
and Audio and Film content, Coruscant was a good platform. Mukta has
the option of acquiring the balance 49%, also.

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

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High Court sanctions scheme of arrangement of Arrow Webtex

20 Sep 2008 | 09:49
High Court sanctions scheme of arrangement of Arrow Webtex

High Court (Judicature at Bombay) has sanctioned the scheme of
arrangement between Arrow Webtex and Arrow Textiles vide its order
dated 22 August 2008.

The company made this announcement after the trading hours on Friday, 19 September 2008.

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Aarti Industries appoints independent directors

23 Sep 2008 | 16:21
Aarti Industries appoints independent directors

The board of Aarti Industries has appointed Prem Chandra Sethi, K V S
Shyam Sunder and Bhavesh R Vora as independent directors of the company.

This was decided at the board meeting held on 23 September 2008.

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KLG Capital Services' director resigns

25 Sep 2008 | 12:16

KLG Capital Services' director resigns


KLG Capital Services has accepted the resignation of Kundan Lal Garg
from the directorship of the company with effect from 29 August 2008.

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

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Wim Plast's director passes away

19 Sep 2008 | 10:06

Wim Plast's director passes away


Wim Plast has announced that Sohanraj P Chhajed, independent director has expired on 18 September 2008.

The company made this announcement after the trading hours on Thursday, 18 September 2008.

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Amit Securities net profit declines 50.00% in the June 2008 quarter

17 Sep 2008 | 16:40

Amit Securities net profit declines 50.00% in the June 2008 quarter


Net profit of Amit Securities declined 50.00% to Rs 0.03 crore in the
quarter ended June 2008 as against Rs 0.06 crore during the previous
quarter ended June 2007. Sales declined 25.00% to Rs 0.06 crore in the
quarter ended June 2008 as against Rs 0.08 crore during the previous
quarter ended June 2007.

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Wipro to allot equity shares

19 Sep 2008 | 10:09

Wipro to allot equity shares


The committee of Wipro has resolved to issue and allot 118918 equity
shares of Rs 2 each pursuant to exercise of the stock options by the
eligible employees under the company's employee ESOPs 2000 plan and
restricted stock unit plan 2004.

This was decided by the committee of directors on 18 September 2008.

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Polaris Software launches unified portal for corporate banking

17 Sep 2008 | 10:51
Polaris Software launches unified portal for corporate banking


Polaris Software Lab, a global leader in specialty application
development in the banking, financial and insurance sectors has
announced the launch of a new version of its portal solution intellect
unified portal for corporate banking customers.

The
new version offers a unified portal solution offering liquidity and
treasury services along with the existing product lines such as trade,
cash and payments. The new version is being launched at Sibos 2008, the
world's premier financial services event being hosted in Vienna,
Austria.

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

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Pratiksha Chemicals net profit declines 50.00% in the June 2008 quarter

17 Sep 2008 | 15:42

Pratiksha Chemicals net profit declines 50.00% in the June 2008 quarter


Net profit of Pratiksha Chemicals 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. Sales rose 22.50% to Rs 0.98 crore in
the quarter ended June 2008 as against Rs 0.80 crore during the
previous quarter ended June 2007.

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Shriram EPC bags two orders from Rashtriya Ispat Nigam

17 Sep 2008 | 17:18

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Shriram EPC bags two orders from Rashtriya Ispat Nigam


Shriram EPC, a leading service provider of integrated design,
engineering, procurement, construction and project management services
for renewable energy projects, process and metallurgical plants and
municipal service sector projects throughout India and manufacturer of
wind turbine generators, has been awarded two orders amounting to Rs
809.7 million from Rashtriya Ispat Nigam for its Visakhapatnam steel
plant.

The
work for the first order includes design, manufacture, supply of
indigenous plant and machinery and equipment for the special bar mill.
The second order relates to storage, handling, erection, testing,
commissioning and PG tests for the SBM. The combined worth of the
orders is Rs 809.7 million.

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

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Pioneer Embroideries appoints nominee director

17 Sep 2008 | 09:46

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Pioneer Embroideries appoints nominee director


Pioneer Embroideries has announced that Export-Import Bank of India has
nominated Samuel Joseph Jaebaraj as their nominee on the board of the
company with effect from 08 September 2008.

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

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Brigade Enterprises in Forbes list

20 Sep 2008 | 10:11

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Brigade Enterprises in Forbes list


Brigade Enterprises, the leading Bangalore-based real estate company
has secured a spot in the latest annual 'Best Under a Billion' list for
the Asia-Pacific region in the US magazine Forbes.

The
annual 'Best Under a Billion' list selects the best 200 small and
medium sized companies with less than $ 1 billion sales, from 24,155
listed firms in the Asia Pacific Region. India, with 22 entries, ranks
fourth in terms of the number of companies which have been featured in
the list, with Greater China topping the list in the Asia Pacific
region with 88 entries, followed by Taiwan with 24 firms and Japan with
23 companies.

The compay made this announcement after the trading hours on Friday, 19 September 2008.

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Fortune Financial Services appoints additional directors

17 Sep 2008 | 17:21

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Fortune Financial Services appoints additional directors


The board of Fortune Financial Services India has appointed two
additional directors as independent directors of the company.

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

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Choice International appoints MD & additional directors

24 Sep 2008 | 10:26

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Choice International appoints MD & additional directors


The board of Choice International has appointed Mukesh Agarwal and Sujata Chattopadhyay as additional directors.

The board has appointed Kamal Poddar as managing director for a period of five years with effect from 23 September 2008.

The board has accepted the resignation of Dhananjay Datar, Vivek Jain and Indresh Goyal as directors of the company.

This was decided at the board meeting held on 23 September 2008.

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British Airways signs multi million pound deal with NIIT Technologies

26 Sep 2008 | 10:16

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British Airways signs multi million pound deal with NIIT Technologies


British Airways, the UK's premier airline has just signed a multi
million pound deal with one of the world's leading technology
companies, NIIT Technologies. The three-year deal enables the support
and testing of business critical applications across various business
areas of the global airline.

The
contract is one of the largest ever deals to be signed by NIIT
Technologies within the UK airline industry and follows a twelve year
relationship between the two companies. NIIT Technologies has built on
its reputation in the airline sector for providing efficiencies and
savings through outsourcing by continuing to demonstrate expertise,
experience and commitment towards their client's success. The
organisation aids clients become more competitive by supplying a
premium service.

The deal comes as the airline industry has come
under increasing pressures from rising costs of fuel, the credit crunch
and falling consumer confidence. British Airways has also undertaken a
cost mitigation exercise with their global partners to reduce costs and
maintain competitive.

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

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Ram Kaashyap Investment to increase authorized capital

23 Sep 2008 | 10:30

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Ram Kaashyap Investment to increase authorized capital


The extraordinary general meeting of Ram Kaashyap Investment will be
held on 29 September 2008 to increase the authorized share capital of
the company from the existing Rs 50,00,00,000 to Rs 75,00,00,000.

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HDFC Bank to announce Q2 results

24 Sep 2008 | 15:13

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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).

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Hulta Pharmaceutical Export to hold EGM

16 Sep 2008 | 14:14

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Hulta Pharmaceutical Export to hold EGM


The extraordinaryn general meeting of Hulta Pharmaceutical Export will be held on 01 November 2008.

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Dr Reddys announces its US specialty business, Promius Pharma, LLC

18 Sep 2008 | 16:41

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Dr Reddys announces its US specialty business, Promius Pharma, LLC


Dr Reddys Laboratories has announced its US specialty business with the
launch of Promius Pharma, a wholly-owned subsidiary of Dr Reddy?
Laboratories located in Bridgewater, NJ.

Promius
Pharma, which will initially focus art the branded dermatology market,
is based on a platform of strategic licensing initiatives and internal
product development activities undertaken over the last several years.
Promius Pharmas product portfolio currently comprises of three
in-licensed and co-developed dermatological products that are scheduled
to launch within calendar years 2008-09, and a pipeline of topical
products being developed at the integrated product development facility
in Hyderabad, India. Promius Pharma?s current portfolio contains
innovative topical products for the treatment of psoriasis, atopic
dermatitis and seborrheic dermatitis.

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

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Harsh Polymers India reports no net profit or loss in the June 2008 quarter

23 Sep 2008 | 14:53

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Harsh Polymers India reports no net profit or loss in the June 2008 quarter


Harsh Polymers India reported no net profit or loss in the quarter
ended June 2008 as against net loss of Rs 0.01 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.

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Kennametal India's director resigns

19 Sep 2008 | 16:38

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Kennametal India's director resigns


Kennametal India has accepted the resignation of Doulgas C Phillips as
director of the company with effect from 12 September 2008.

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

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Corporation Bank to raise tier II capital

16 Sep 2008 | 14:17

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Corporation Bank to raise tier II capital


The board of Corporation Bank has decided to raise tier I bond / perpetual Bonds to the extent of Rs 600 crore.

The
board has decided to raise upper tier-II bond to the extent of Rs 1000
crore. These are in addition to raising of lower tier-II bond to the
tune of Rs 1200 crore.

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

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Yule Financing & Leasing Co net profit declines 66.67% in the June 2008 quarter

24 Sep 2008 | 14:23

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Yule Financing & Leasing Co net profit declines 66.67% in the June 2008 quarter


Net profit of Yule Financing & Leasing Co declined 66.67% to Rs
0.01 crore in the quarter ended June 2008 as against Rs 0.03 crore
during the previous quarter ended June 2007. Sales reported to Rs 0.04
crore in the quarter ended June 2008. There were no sales reported
during the previous quarter ended June 2007.

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Abhishek Corporation to raise funds

22 Sep 2008 | 14:06

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Abhishek Corporation to raise funds


The board meeting of Abhishek Corporation will be held on 27 September 2008 to raise funds by way of deposits.

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Sankhya delivers the largest defence online examination system

18 Sep 2008 | 14:44

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Sankhya delivers the largest defence online examination system


Sankhya InfoTech, Hyderabad has successfully handed over the largest
online examination system in the Indian defense forces for the Indian
navy. The Indian navy online examination system is nationwide
implementation covering examinations up to a command level. This high
security examination system is one of the key projects of automation of
Indian defense.

INOES
is one more major step in the direction of automating navy education
system. This suite will allow navy to offer the world?s most
comprehensive examination solution to its officers and sailors from
anywhere in India INOES would reduce tremendous costs and logistics
that go into the conduct of examinations within Indian navy. This
system is robust and is covers a wide range of examination types
including video and audio types of questions.

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

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Bhagyanagar India appoints director

17 Sep 2008 | 15:11

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Bhagyanagar India appoints director


The board of Bhagyanagar India has inducted R N Sreenath as an
independent director with effect from 17 September 2008.

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

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Foseco India to announce financial results

17 Sep 2008 | 13:52




Foseco India to announce financial results


The board meeting of Foseco India will be held on 16 October 2008 to
consider the unaudited results for the third quarter ending 30
September 2008 and to declare third interim dividend for the year 2008.

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ICICI Bank allots equity shares

23 Sep 2008 | 12:22




ICICI Bank allots equity shares


ICICI Bank has allotted 18,475 equity shares of face value of Rs 10 each under ESOS, 2000.

These shares were allotted by the bank on 15 September 2008.

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Raunaq Automotive Components to hold board meeting

22 Sep 2008 | 14:00




Raunaq Automotive Components to hold board meeting


The board meeting of Raunaq Automotive Components will be held on 29 September 2008

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Ardi Investments & Trading Company reports no net profit or loss in the June 2008 quarter

17 Sep 2008 | 18:53

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Ardi Investments & Trading Company reports no net profit or loss in the June 2008 quarter


Ardi Investments & Trading Company reported no net profit or loss
in the quarter ended June 2008 as against net profit of Rs 0.01 crore
during the previous quarter ended June 2007. Sales reported to Rs 0.05
crore in the quarter ended June 2008 and also during the previous
quarter ended June 2007.

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Rasoya Proteins allots equity shares

18 Sep 2008 | 14:55




Rasoya Proteins allots equity shares


The board of Rasoya Proteins has allotted 30 lakh equity shares against
the conversion of equity share warrants allotted on 06 March 2007.

These shares were allotted at the board meeting held on 04 September 2008.

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