Punj Lloyd announces Q2 results

Punj Lloyd Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 313.70 million for the quarter ended September 30, 2007 as compared to Rs 7.80 million for the quarter ended September 30, 2006. Total Income has increased from Rs 4096.00 million for the quarter ended September 30, 2006 to Rs 10546.20 million for the quarter ended September 30, 2007.

The Consolidated results are as follows:

The Group has posted a profit after minority interest and share of profits of associates of Rs 894.70 million for the quarter ended September 30, 2007 as compared to Rs 333.90 million for the quarter ended September 30, 2006. Total Income has increased from Rs 11970.80 million for the quarter ended September 30, 2006 to Rs 19247.10 million for the quarter ended September 30, 2007.

Taparia Tools Board declares Interim Dividend

Taparia Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, have approved and declared interim Dividend @ 20% for the F.Y. 2007-08.

Alok Industries announces Q2 results

Alok Industries Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit after tax of Rs 429.70 million for the quarter ended September 30, 2007 as compared to Rs 326.40 million for the quarter ended September 30, 2006. Total Income has increased from Rs 4156.30 million for the quarter ended September 30, 2006 to Rs 4786.50 million for the quarter ended September 30, 2007.

Procter & Gamble announces Q1 results

Procter & Gamble Hygiene & Health Care Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 344.90 million for the quarter ended September 30, 2007 as compared to Rs 256.00 million for the quarter ended September 30, 2006. Total Income has increased from Rs 1346.20 million for the quarter ended September 30, 2006 to Rs 1556.50 million for the quarter ended September 30, 2007.

Indian Hume - Outcome of Board Meeting

Indian Hume Pipe Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, has approved the following:

1. Appointment of Mr. Mayur R Doshi, son (relative) of Mr. Rajas R Doshi, Chairman & Managing Director of the Company and Ms. Jyoti R Doshi, Director of the Company, as General Manager of the Company w.e.f. December 03, 2007. This approval is subject to further approval of the Members of the Company in General Meeting and Central Government.

2. Appointment of M/s. Brahmayya & Co., Chartered Accountants, Somajiguda, Hyderabad to carry out a Branch Audit of the Company's factories, Projects and Project Office in the State of Andhra Pradesh for the financial year 2008-09 commencing from April 01, 2008. This approval is subject to further approval of the Members of the Company in General Meeting.

Further the Company has informed that, the Board of Directors has also approved convening the Extra Ordinary General Meeting of the Company on November 30, 2007, to approve above two business.

IVR Prime announces Q2 results

IVR Prime Urban Developers Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit after tax of Rs 159.26 million for the quarter ended September 30, 2007. Total Income is Rs 498.85 million for the quarter ended September 30, 2007.

Ispat Industries announces Q2 results

Ispat Industries Ltd has announced the following Un-Audited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 135.40 million for the quarter ended September 30, 2007 as compared to Rs 23.20 million for the quarter ended September 30, 2006. Total Income has increased from Rs 18912.50 million for the quarter ended September 30, 2006 to Rs 20486.90 million for the quarter ended September 30, 2007.

Ramco Systems announces Q2 results

Ramco Systems Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net loss of Rs 52.286 million for the quarter ended September 30, 2007 as compared to net loss of Rs 35.916 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 253.821 million for the quarter ended September 30, 2006 to Rs 232.051 million for the quarter ended September 30, 2007.

The Consolidated Results (under AS 21) are as follows:

The Group has posted a net profit of Rs 2.269 million (USD 0.06 million) for the quarter ended September 30, 2007 as compared to net loss of Rs 36.685 million (USD 0.79 million) for the quarter ended September 30, 2006. Total Income has decreased from Rs 599.179 million (USD 13.02 million) for the quarter ended September 30, 2006 to Rs 567.663 million (USD 14.06 million) for the quarter ended September 30, 2007.

Creative Eye - Press Release

Creative Eye Ltd has announced that the Company bags maximum awards on the Zee - "Rishton Ka Bandhan" award function held on October 26, 2007. Out of the total 19 categories, the Company bagged awards in 6 categories.

"Ghar Ki Laxmi Betiyann" being aired every Monday to Thursday at 10.00 pm, bagged 3 awards in the following categories:

1. Favourite Maa Beti Rishta.
2. Favourite Baap Beti Rishta.
3. Favourite Khatta Meetha Rishta.

"Maayka" being aired every Monday to Thursday at 8.30pm, bagged 3 awards the following categories"

1. Favourite Behenon Ka Rishta.
2. Favourite Jeeja Saali Ka Rishta.
3. Favourite Paapiyon Ki Jodi.

This is an appreciable achievement by a single Production House to have bagged these awards. This further establishes the credibility and popularity of the programmes and the Company.

The awards were judged on its merit by the viewers of the nation who cast their votes in favour of "Ghar Ki Laxmi Betiyann" & "Maayka".

As per the latest TAM ratings both the programmes have been consistent in maintaining their position in the top three programmes of the Channel.

Bombay Dyeing announces Q2 results

Bombay Dyeing & Manufacturing Company Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 142.90 million for the quarter ended September 30, 2007 as compared to Rs 102.60 million for the quarter ended September 30, 2006. Total Income has increased from Rs 1314.90 million for the quarter ended September 30, 2006 to Rs 1737.50 million for the quarter ended September 30, 2007.

Essar Steel - Outcome of Board Meeting

Essar Steel Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, has decided to obtain consent by way of postal Ballot of the shareholders holding 0.01% Cumulative Redeemable Preference shares as well as equity shareholders for premature redemption of 0.01% Cumulative Redeemable Preference Shares of Rs 10 each at a premium of Rs 2.50 per share (viz, at Rs 12.50 per share).

Sterling Biotech announces Q3 results

Sterling Biotech Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 498.323 million for the quarter ended September 30, 2007 as compared to Rs 364.364 million for the quarter ended September 30, 2006. Total Income has increased from Rs 1620.807 million for the quarter ended September 30, 2006 to Rs 2509.883 million for the quarter ended September 30, 2007.

Shree Precoated Board recommends dividend

Shree Precoated Steels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, has recommended a payment of Dividend @ 11% (Re 1.10 per equity share) subject to the approval of the shareholders for the financial year ended March 31, 2007.

LN Polyesters - Updates

LN Polyesters Ltd has informed BSE that the Company has entered into settlement with the Workers Union before the Assistant Commissioner of Labour, Patancheru for the Superannuation of the Services of Workers on September 30, 2007 consequent to shifting of the manufacturing facilities from Patancheru to Silvaasa and Vapi.

HMT announces Q2 results

HMT Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net loss after tax of Rs 32.40 million for the quarter ended September 30, 2007 as compared to net profit of Rs 880.90 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 739.60 million for the quarter ended September 30, 2006 to Rs 680.50 million for the quarter ended September 30, 2007.

Power Grid Corporation announces Q2 results

Power Grid Corporation of India Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a profit after tax of Rs 3712.20 million for the quarter ended September 30, 2007. Total Income is Rs 11081.00 million for the quarter ended September 30, 2007.

Aditya Birla Nuvo announces Q2 results

Aditya Birla Nuvo Ltd has announced the following Unaudited Results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 548.50 million for the quarter ended September 30, 2007 where as the same was at Rs 537.30 million for the quarter ended September 30, 2006. Total Income is Rs 9231.80 million for the quarter ended September 30, 2007 where as the same was at Rs 9120.70 million for the quarter ended September 30, 2006.

The Consolidated Results are as follows:

The Group has posted a net profit (after minority interest) of Rs 477.80 million for the quarter ended September 30, 2007 where as the same was at Rs 766.60 million for the quarter ended September 30, 2006. Total Income is Rs 30164.10 million for the quarter ended September 30, 2007 where as the same was at Rs 21060.10 million for the quarter ended September 30, 2006.

a) On receipt of requisite approvals on August 08, 2007 the Scheme of Amalgamation of the wholly owned Subsidiary of the Company, Aditya Birla Insulators (ABIL), with the Company had become effective with effect from the Appointed Date i.e., April 01, 2007. Accordingly, as on the Appointed Date, the financials of ABIL have been incorporated in the books of the Company and the results for the previous Quarter ended June 30, 2007 also have been recasted.

b) AV TransWorks Ltd, Canada, a Subsidiary of the Company has completed the acquisition of Minacs Worldwide Inc., Canada on August 17, 2006.

c) On receipt of requisite approvals on September 14, 2007 the Scheme of Amalgamation of Idea Cellular Ltd, a Joint Venture Company, and its certain subsidiaries have become effective with effect from the appointed date, April 01, 2006. Accordingly FY-07 consolidated results of the company have been recasted to give effect thereof.

d) The results for the period(s) are strictly not comparable with that of corresponding period(s) on account of (a) to (c) above.

State Trading Corporation Board recommends bonus issue

State Trading Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, has recommended allotting of bonus share at a ratio of 1:1 subject to the approval of the shareholders.

Neyveli Lignite announces Q2 results

Neyveli Lignite Corporation Ltd has announced the following Audited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 2310.40 million for the quarter ended September 30, 2007 as compared to Rs 1638.80 million for the quarter ended September 30, 2006. Total Income has increased from Rs 7339.00 million for the quarter ended September 30, 2006 to Rs 8820.80 million for the quarter ended September 30, 2007.

BPCL announces Q2 results

Bharat Petroleum Corporation Ltd (BPCL) has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit after tax of Rs 10382 million for the quarter ended September 30, 2007 as compared to Rs 12585 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 267381 million for the quarter ended September 30, 2006 to Rs 255356 million for the quarter ended September 30, 2007.

The Consolidated results are as follows:

The Group has posted a net profit (after minority interest) of Rs 12847 million for the quarter ended September 30, 2007 as compared to Rs 9309 million for the quarter ended September 30, 2006. Total Income has increased from Rs 498702 million for the quarter ended September 30, 2006 to Rs 502109 million for the quarter ended September 30, 2007.

HTMT Global announces Q2 results

HTMT Global Solutions Ltd has announced the following Audited Results for the quarter ended September 30, 2007:

The Company has posted a net profit after tax of Rs 148.447 million for the quarter ended September 30, 2007 where as the same was at Rs 0.051 million for the quarter ended September 30, 2006. Total Income is Rs 904.220 million for the quarter ended September 30, 2007 where as the same was at Rs 0.053 million for the quarter ended September 30, 2006.

The figures for the quarter ended September 30, 2006 are Unaudited.

The Unaudited Consolidated Results are as follows:

The Group has posted a profit after minority interest of Rs 220.771 million for the quarter ended September 30, 2007. Total Income is Rs 1638.634 million for the quarter ended September 30, 2007.

Pursuant to the Scheme of Arrangement and Reconstruction for demerger of IT / ITES business between the Company, Hinduja TMT Ltd and their respective shareholders and creditors and reduction of capital ("the Scheme") as sanctioned by the Hon'ble High Court of Judicature at Bombay on February 23, 2007 and made effective on March 07, 2007, the assets and liabilities (including capital commitments and contingent liabilities) pertaining to IT / ITES business of Hinduja TMT Ltd were transferred to and vested in the Company w.e.f. October 01, 2006 (being appointed date) at their book values as specified in the Scheme. Pursuant to the Scheme a Shareholder holding two Equity Shares of Rs 10 each in Hinduja TMT Ltd on a record date i.e. April 09, 2007 was allotted one Equity Shares of Rs 10 each in the Company. Accordingly, the Company has allotted 20,538,003 Equity shares of Rs 10 each on April 10, 2007 to such eligible shareholders. Further in accordance with the Scheme, 250,000 Equity Shares of Rs 10 each held by Hinduja TMT Ltd and its nominees have been cancelled on allotment of the Equity Shares. On cancellation of such equity has been carried to General Reserve. The Equity Shares of the Company were listed with BSE / NSE w.e.f. June 19, 2007.

In view of Scheme of Arrangement and Reconstruction for demerger of IT / ITES business referred above, the figures of the current quarter, are not comparable with those of the previous quarter.

MRPL - Appointment of Directors

Mangalore Refinery & Petrochemicals Ltd (MRPL) has informed BSE that the Board has appointed the following as Directors of the Company w.e.f. October 29, 2007:

1. Shri. Vivek Kumar, Director (S&P), Ministry of Petroleum & Natural Gas as Government Director.

2. Shri. V P Singh, as Independent Director

Shree Renuka Sugars - Outcome of QIP Allotment Committee

Shree Renuka Sugars Ltd has informed BSE that the QIP Allotment Committee at its meeting held on October 31, 2007, has allotted 21,86,667 equity shares of Rs 10/- each at the issue price of Rs 750/- per share, aggregating to an amount of Rs 164 crores, to Qualified Institutional Buyers (QIB’s), pursuant to Securities and Exchange Board of India (Disclosure and Investors Protection) Guidelines, 2000.

MTNL announces Q2 results

Mahanagar Telephone Nigam Ltd (MTNL) has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 947.81 million for the quarter ended September 30, 2007 as compared to Rs 1099.18 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 13652.42 million for the quarter ended September 30, 2006 to Rs 13453.07 million for the quarter ended September 30, 2007.

VSNL announces Q2 results

Videsh Sanchar Nigam Ltd (VSNL) has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 614.20 million for the quarter ended September 30, 2007 as compared to Rs 1069.20 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 10030.70 million for the quarter ended September 30, 2006 to Rs 9879.40 million for the quarter ended September 30, 2007.

Reliance Communications announces Q2 results

Reliance Communications Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a profit after tax of Rs 8012.40 million for the quarter ended September 30, 2007 as compared to Rs 4617.20 million for the quarter ended September 30, 2006. Total Income has increased from Rs 28387.20 million for the quarter ended September 30, 2006 to Rs 33292.10 million for the quarter ended September 30, 2007.

The Consolidated results are as follows:

The Group has posted a profit after tax (after adjustment of Minority Interest & Associates) of Rs 13045.70 million for the quarter ended September 30, 2007 as compared to Rs 7023.40 million for the quarter ended September 30, 2006. Total Income has increased from Rs 35259.80 million for the quarter ended September 30, 2006 to Rs 45785.30 million for the quarter ended September 30, 2007.

Television Eighteen Board approves interim dividend

Television Eighteen India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, has approved an interim dividend of 25% (i.e. Rs 1.25 per share of Rs 5/-) for fiscal 2008 (50% Pre Bonus issue).

Jindal Steel - Updates

Jindal Steel & Power Ltd has informed BSE that the Company is receiving enquiries from shareholders & investors about issue of bonus shares by the Company.

In this regard the Company clarifies that the management is not considering, at the moment, issue of any bonus shares.

Birla Corporation announces Q2 results

Birla Corporation Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit after tax of Rs 1031.30 million for the quarter ended September 30, 2007 as compared to Rs 675.40 million for the quarter ended September 30, 2006. Total Income has increased from Rs 3699.60 million for the quarter ended September 30, 2006 to Rs 4037.50 million for the quarter ended September 30, 2007.

Hindalco Industries announces Q2 results

Hindalco Industries Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 6428 million for the quarter ended September 30, 2007 as compared to Rs 5976 million for the quarter ended September 30, 2006. Total Income has increased from Rs 47450 million for the quarter ended September 30, 2006 to Rs 50695 million for the quarter ended September 30, 2007.

Canara Bank announces Q2 results

Canara Bank has announced the following Unaudited results for the quarter ended September 30, 2007:

The Bank has posted a net profit of Rs 4015.70 million for the quarter ended September 30, 2007 as compared to Rs 3617.70 million for the quarter ended September 30, 2006. Total Income has increased from Rs 29779.30 million for the quarter ended September 30, 2006 to Rs 40546.60 million for the quarter ended September 30, 2007.

Tata Motors announces Q2 results

Tata Motors Ltd has announced the following Audited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 5268.40 million for the quarter ended September 30, 2007 as compared to Rs 4417.20 million for the quarter ended September 30, 2006. Total Income has increased from Rs 66700.30 million for the quarter ended September 30, 2006 to Rs 67433.10 million for the quarter ended September 30, 2007.

The Consolidated results are as follows:

The Group has posted a net profit of Rs 5707.10 million for the quarter ended September 30, 2007 as compared to Rs 5364.40 million for the quarter ended September 30, 2006. Total Income has increased from Rs 78197.60 million for the quarter ended September 30, 2006 to Rs 82802.80 million for the quarter ended September 30, 2007.

Orbit Exports - Updates

Orbit Exports Ltd has informed BSE that Right Issue of 3520700 equity shares of Rs 10/- each of the Company has closed on October 29, 2007.

Gateway Distriparks - Updates

Gateway Distriparks Ltd has informed BSE that Gateway Distriparks (Kerala) Ltd, subsidiary of the Company and a Joint Venture (JV) with Chakiat Agencies Pvt Ltd is pleased to announce the commencement of operations at the CFS of Pace CFS Pvt Ltd, Kochi under an Operations & Management (O & M) arrangement with effect from November 01, 2007.

Pace CFS, which has been in operation for almost a decade, has entered into this arrangement in order to facilitate the Trade and EXIM Cargo Movement through Kochi Port.

Intellvisions Software - Updates

Intellvisions Software Ltd has informed BSE that Company has proposed acquisition of M/s. Rosmerta Technologies Pvt Ltd with the Company was discussed and the Committee of Directors appointed for the purpose informed the Board that the Due Diligence Report is still awaited, hence the matter will be discussed later in due course of time.

Shipping Corporation - Outcome of AGM

Shipping Corporation of India Ltd has informed BSE that the members at the 57th Annual General Meeting (AGM) of the Company held on September 28, 2007, inter alia, have accorded the following:

1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2007 and the Profit & Loss Account for the year ended on that date and the Reports of the Directors and Auditors thereon.

2. Confirmation of interim dividend @ 85% declared at the Board Meeting held on March 17, 2007, as final dividend for the year 2006-2007.

3. Re-appointment of Shri. B K Mandal, Shri. U C Grover & Shri. Kailash Gupta, as Directors of the Company.

4. Remuneration of the Joint Statutory Auditors, M/s. S Bhandari & Co and M/s. Khandelwal Jain & Co., who were appointed for the financial year 2006-2007 by the Comptroller & Auditor General of India with effect from the financial year 2007-2008.

5. Appointment of Shri. A K Mago, Shri. A D Fernando, Shri. U Sundararajan, Shri. J N L Srivastava, Dr. Bakul H Dholakia, Shri. Keshav Saran & Shri. Nasser Munjee as Directors of the Company.

Subex Azure - Press Release

Subex Azure Ltd on October 31, 2007, announced the launch of Syndesis Business Ethernet Fulfillment Solution, a new offering designed to simplify provisioning for operators providing feature-rich Ethernet services to enterprises.

The Company's Syndesis Business Ethernet Fulfillment Solution enables telecom operators to accelerate the deployment of high-margin Ethernet services. It simplifies the inherent and growing complexity of customer-specific Business Ethernet services and allows operators to tailor Ethernet services to meet business requirements quickly and easily, ensuring higher customer satisfaction and retention. It also helps improve operational efficiencies by eliminating costly network provisioning errors caused by cumbersome manual processes, with automated troubleshooting and maintenance capabilities to help minimize customer downtime.

"This is a production-proven fulfillment solution that accelerates the creation and provisioning of feature-rich Ethernet services for operators business customers," said Mark Nicholson, CTO of the Company. "It enables service providers to address the requirements of large enterprises as well as Small-Medium Enterprise (SME) customers. We sought to ensure that the solution was optimal for the complexities of Ethernet deployments and we aimed to simplify all aspects of the service provisioning process for VPNs, Metro Ethernet and Carrier Ethernet Services."

To accelerate Ethernet service deployment and enable cost-effective service delivery automation, the Syndesis Business Ethernet Fulfillment Solution leverages off-the-shelf, industry-leading interfaces that support network elements from Alcatel-Lucent, Cisco and others. The flexibility of the solution also ensures that it can be easily integrated with existing processes and OSS systems using open interfaces, or with additional components from the existing Syndesis Fulfillment suite, including order management and technical workflow, data integrity management and adaptive resource management products.

Reliability, ease-of-use and proven best-practices have made the Company's Syndesis suite of Fulfillment solutions an industry leader. All Syndesis Fulfillment products are built on production-proven solutions perfected in the industry’s most prominent next- generation Service Fulfillment projects. This industry - leading track record of success is why these solutions are central components of both residential broadband services (e.g., Triple and business services (e.g., Carrier Ethernet).

Pratibha Industries commences commercial production at its SAW Pipe Plant

Pratibha Industries Ltd has informed BSE that the Company has successfully completed trial runs and commenced commercial production of 'Spirally Welded Mild Steel Pipes' (H-SAW Pipes) at its newly set up factory in the second quarter of the current year. The factory is located at Wada in Thane District, Maharashtra and has a capacity of 92000 tpa. The implementation of 3 LP coating plant (capacity 1.7 million sq. mtrs.) is on schedule and will be operational in the fourth quarter of the current year. The total capital outlay is estimated at Rs 81.10 cr, out of which the Company has already expended Rs 63.84 cr till September 30, 2007.

The Company is in the process of obtaining 'API 5L X80' certification from the American Petroleum Institute (API) which makes the pipes manufactured at its factory eligible for transportation of 'Oil & Gas'. The quality system manual is already approved by API and the certification is expected before end of this quarter. The factory already has firm orders for supply of 208 km of pipes.

The Company is engaged in infrastructure business and manufacture of SAW Pipes. As Pratibha moves ahead, the Company has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.

Central Bank of India announces H1 results

Central Bank of India (CBI) has announced the following Unaudited results for the half year ended September 30, 2007:

The Bank has posted a net profit of Rs 2219.50 million for the half year ended September 30, 2007 as compared to Rs 2147.80 million for the half year ended September 30, 2006. Total Income has increased from Rs 31923.80 million for the half year ended September 30, 2006 to Rs 39805.80 million for the half year ended September 30, 2007.

This being the first quarter after IPO, the Quarterly results for the quarter ended September 30, 2007 including for the corresponding quarter ended September 30, 2006 have not been furnished as the results for the previous quarter is not available.

The above results have been taken on record by the Board of Directors of the Bank at its meeting held on October 31, 2007 and have been subjected to a 'Limited Review' by the Statutory Central Auditors of the Bank.

Hindustan Unilever Board declares platinum jubilee dividend

Hindustan Unilever Ltd has informed BSE that the Board of Directors of the Company at is meeting held on October 31, 2007, inter alia, has resolved to pay Platinum Jubilee Dividend to the shareholders of the Company at the rate of Rs 3/- (Rupees Three only) per share of Re 1/-, to commemorate the 75th year of the Company.

Hindustan Unilever announces Q3 results

Hindustan Unilever Ltd has announced the following Unaudited Results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 4080.60 million for the quarter ended September 30, 2007 where as the same was at Rs 5207.40 million for the quarter ended September 30, 2006. Total Income is Rs 34704.90 million for the quarter ended September 30, 2007 where as the same was at Rs 31628.20 million for the quarter ended September 30, 2006.

The results for the quarter are not comparable to those of SQ’06 to the extent of amalgamation of Modern Foods (India) Ltd and its subsidiary with the Company.

Shiva Cement - Updates on Outcome of Board Meeting

Shiva Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2007, inter alia, has approved the following :

1. Allotment of upto 862777 Nos. Preference Shares (NCRP) of Rs 2/- each to Industrial Promotion & Investment Corporation of Orissa Ltd.

2. Acceptance of Resignation of Sri. S K Jain as Director of the Company w.e.f. September 25, 2007.

3. Enhanced the Director’ sitting fee.

Glenmark Pharmaceuticals Board declares interim dividend

Glenmark Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, has transacted the following:

1. Declared Interim dividend @ 70% on the Equity Share Capital of the Company for the financial year 2007-08.

2. Alloted 40,000 shares to the employees of the Company on exercise of options granted to them pursuant to ESOP 2003.

3. Approved conversion of Zero Coupon Foreign Currency Convertible Bonds amounting to US $
4,500,000 into 603,728 and 202,506 Equity shares at a price of Rs 253.11 and Rs 215.5985 per Share respectively of face value Re 1/- each out of US $ 70,000,000 Zero Coupon Foreign currency Convertible Bonds issued in 2005.

Sagar Cements Board declares interim dividend

Sagar Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 25, 2007, inter alia, has allotted 2,67,568 equity shares against conversion of warrants. With this allotment, the paid-up equity shares of the Company stands increased to 1,33,37,300 of Rs 10/- each aggregating to Rs 13,33,73,000/-.

Further the Company has informed that, the Board has also approved payment of Interim Dividend @ 15% (Rs 1.50 paise per equity share) for the current year ending March 31, 2008.

Andhra Bank - Updates

Andhra Bank has informed BSE that the Bank has appointed Hewlett-Packard (HP) India, to implement a comprehensive Core Banking Solutions (CBS). Infosys Finacle Core Banking Solution will be deployed over a 5 year period. Under the terms of the contract, HP will implement and manage Core Banking Solution (CBS) across Andhra Bank branches in the country.

Tata Steel signs an MOU with Vietnam Steel Corporation for a cold rolling mill in Vietnam

Tata Steel Ltd has announced that the Company on October 31, 2007, signed a Memorandum of Understanding (MoU) with Vietnam Steel Corporation for the proposed Cold Rolling Mill in Vietnam.

Earlier, the Company had signed the MoU with Vietnam Steel Corporation (VSC) on May 29, 2007 for the Steel Project in the Ha Tinh Province of Vietnam. The Company is further strengthening this relationship by partnering with VSC in establishing a Cold Rolling Mill. The Company already has a Joint Venture with VSC through NatSteel, which is a Singapore based wholly owned subsidiary of the Company.

Vietnam, with a buoyant economy, significant market for steel and raw material resources, is an attractive destination for steel making and value added steel production. The size of the Cold Rolling Mill, the scope and the investment will be determined after the feasibility study. The Company will have a stake of 65% in the CRM project, which will be initiated on the successful completion of feasibility study and financial closure.

Indo Count - Outcome of AGM

Indo Count Industries Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on September 28, 2007 inter alia, have accorded the following:

1. Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit and Loss Account and Cash flow Statement for the year ended on that date together with the Auditors and Directors Report thereon.

2. Re-appointment of Mr. R Anand, Mr. R N Gupta & Mr. Sushil Kumar Jiwarajka, as Directors of the Company, liable to retire by rotation.

3. Re-appointment of M/s. B K Shroff & Co., Chartered Accountants, as Auditors of the Company, to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

4. Increase in the remuneration of Ms. Shikha Jain with effect from April 01, 2007, on terms and conditions.

5. Re-appointment of Mr. Anil Kumar Jain as the Managing Director of the Company for a period of 5 years effective from April 01, 2007, on remuneration, terms and conditions.

6. Authority to Board for mortgaging and / or charging (by way of first pari passu charge, as has been agreed to between the Company and the lenders) by the Board of Directors of the Company, of all the immovable and movable properties of the Company wheresoever situate, present and future, and the whole of the undertaking of the Company and / or conferring power to enter upon and take possession of the assets of the Company in certain events to or in favour of UTI Bank Ltd acting as Security Trustees on behalf following banks:

a. Name of the Bank : UTI Bank Ltd
Amount : Rs 30.00 Crore
Purpose : 10.50% - 300 Secured Redeemable Non Convertible Debentures (NCDs)

b. Name of the Bank : Bank of Baroda
Amount : Rs 13.00 Crore
Purpose : Working Capital

c. Name of the Bank : Union Bank of India
Amount : Rs 19.00 Crore
Purpose : Working Capital

d. Name of the Bank : Bank of India
Amount : Rs 17.00 Crore
Purpose : Working Capital

e. Name of the Bank : State Bank of India
Amount : Rs 15.00 Crore
Purpose : Working Capital

in connection with NCDs aggregating Rs 30.00 crore and Working Capital Facilities aggregating Rs 64.00 crore availed / to be availed by the Company, subject to approvals and provision.

CESC announces Q2 results

CESC Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit after tax of Rs 930 million for the quarter ended September 30, 2007 as compared to Rs 690 million for the quarter ended September 30, 2006. Total Income has increased from Rs 6960 million for the quarter ended September 30, 2006 to Rs 7560 million for the quarter ended September 30, 2007.

Multi Arc - Updates

With reference to the earlier announcement dated August 02, 2007, regarding admission of Company Petition filed by a Financial Creditor by single member bench of Hon'ble High Court at Mumbai, Multi Arc India Ltd has informed BSE that the Company had signed Consent Terms with Financial Creditor namely Kotak Mahindra Bank Ltd and made one-time settlement for full and final settlement of the dues to them. The Company has accordingly made the payment to the financial creditor and obtained No Dues Certificate from them.

With the issue of no dues certificate by the financial creditor - Kotak Mahindra Bank Ltd the winding up petition stands automatically disposed of as withdrawn.

GEE Board approves sub-division

GEE Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2007, has decided to sub-divide the equity shares into of Rs 2 each from the existing Rs 10 each i.e. 5 share for every 1 share, subject to the approval of the shareholders and other necessary approvals.

Bank of Baroda announces Q2 results

Bank of Baroda has announced the following Unaudited results for the quarter ended September 30, 2007:

The Bank has posted a net profit of Rs 3271.90 million for the quarter ended September 30, 2007 as compared to Rs 2883.60 million for the quarter ended September 30, 2006. Total Income has increased from Rs 24550.90 million for the quarter ended September 30, 2006 to Rs 33338.30 million for the quarter ended September 30, 2007.

PHIL Corporation fixes Book Closure for AGM

PHIL Corporation Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from November 28, 2007 to December 07, 2007 (both days inclusive) for the purpose of 24th Annual General Meeting (AGM) of the Company to be held on December 07, 2007.

ISMT fixes Book Closure for interim dividend & AGM

ISMT Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from November 19, 2007 to November 27, 2007 for the purpose of payment of Interim Dividend and 9th Annual General Meeting (AGM) of the Company.

Banco Products fixes Record Date for Stock Spilt

Banco Products India Ltd has informed BSE that November 30, 2007 has been fixed as the Record Date for the purpose of sub-division / stock split of Rs 10/- per share of the Company into the shares of Rs 2/- each.

Parsvnath Developers - Outcome of Board Meeting

Parsvnath Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2007, inter alia, has taken the following decisions:

1. The Company has appointed Mr. Malay Chatterjee, the Nominee of Housing & Urban Development Corporation Limited (HUDCO) as a Director on the Board of the Company w.e.f. October 30, 2007.

2. Approved the proposal to amend the Memorandum & Articles of Association of the Company to enable the Company to engage in the business of providing telecommunication services, etc. and to seek the approval of the Shareholders through Postal Ballot for this purpose.

3. Took note of incorporation of Parsvnath Telecom Pvt Ltd, a subsidiary of the Company to engage in the business of telecommunication.

Shiva Cement - Outcome of Board Meeting

Shiva Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2007, inter alia, have decided the following:

1. Phase-I expansion upto 0.6 Mn T is approved by the Board with approx. Capital outlay of Rs 225 Cr. This includes acquisition of infrastructures for Phase-II expansion.

2. Phase-II expansion upto 2.6 Mn T shall be reviewed after obtaining additional mining lease and statutory approvals . However Mr. R P Gupta is authorised to pursue for the same as well as to enter MOU with Govt of Orissa.

Goldstone Technologies - Outcome of Board Meeting

Goldstone Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2007, inter alia, has considered the following:

1. Allotment of 35,918 Equity Shares to Promoters of M/s. Stay Top Systems Inc; USA for the purpose of acquisition of Overseas Business.

2. Acquisition of 51% of stake in 4G Informatics Pvt Ltd engaged in Bio-metric identity solutions. Goldstone Technologies Ltd will be using a combination of cash and stock to fund the acquisition.

3. Further Issue of Shares on Preferential Basis for acquisition of M/s. 4G Informatics Pvt Ltd and calling for Extra-Ordinary General Meeting on November 30, 2007.

4. Amendment of Objects of the Memorandum of Association of the Company and issue of Notice of Postal Ballot seeking approval from the Shareholders of the Company.

5. Appointment of Mr. L P Sashikumar as Additional Director of the Company.

6. Resignation of Mrs. Mahita Caddell as Director of the Company.

Veer Energy - Board Meeting on Nov 03, 2007

Veer Energy & Infrastructure Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 03, 2007, inter alia, to consider the following:

1. To call an Extra Ordinary General Meeting of the members of the Company to decide issue of Bonus shares in the ratio of 1.8:1 (Every one equity share holder is getting 1.8 Bonus shores).

2. To review and declare quarterly result for the period ended September 30, 2007.

Lupin - Outcome of Allotment Committee Meeting

Lupin Ltd has informed BSE that the Allotment Committee of Directors of the Company at its meeting held on October 30, 2007 has allotted 7550 fully paid up equity shares of Rs 10/- each. These shares have been allotted upon exercising the options by the employees under the Stock Option Plans of the Company.

In view of the above, the issued and paid up capital of the Company increased to
Rs 820,533,940 consisting 82,053,394 equity shares of Rs 10/- each.

Exide enters lead smelting & recycling business

Exide Industries Ltd on October 31, 2007 has announced that the Company had finalized the 100% acquisition of Tandon Metals Pvt Ltd, an unlisted Lead smelting Company located near Pune, Maharashtra.

Mr. T V Ramanathan, Managing Director & CEO of Exide stated that, "we are pleased that we have been able to acquire this smelter who is an important supplier of Lead Alloys of good quality to our factories located in Western India. The challenge that we face now is to scale up the production capacity of this unit in a cost effective manner in the shortest period of time possible. This we believe would give us economies of scale and inter-alia, assist us in import substitution."

Dr. S K Mittal, Director — Research & Development, Exide was ecstatic on this development. He said "this acquisition opens up avenues for us to outsource different types of Lead Alloys from a source which has a proven track record without in any way compromising on quality. R & D of Exide would also benefit from having a ready source to research and evaluate new alloy composition."

GMR Industries - Outcome of AGM

GMR Industries Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on September 25, 2007, inter alia, have accorded to the following:

1. Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account for the year ended on that date together with the Reports of the Directors, and Auditors thereon.

2. (a) Declaration of a tax free dividend of 8% on the paid-up preference share capital.

(b) Declaration of a tax free dividend of 15% on the paid-up equity share capital (i.e. Rs 1.50 per share on shares of Rs 10/- each) for the financial year 2006-07.

3. Re-appointment of Mr. A Sankara Rao, Mr. K Balasubramanian & Mr. Viswanath Prasad Singh as Directors of the Company.

4. Appointment of M/s. Price Water House Chartered Accountants, Hyderabad, as Auditors of the Company from the conclusion of this 21st Annual General Meeting till the conclusion of the next Annual General Meeting of the Company in place of M/s. S Venkatadri & Co., retiring Auditors, on remuneration, terms & conditions.

5. Appointment of Dr. V Raghunathan & Mr. S Sandilya, as Directors of the Company, liable to retire by rotation.

6. Appointment of Dr. V Raghunathan as Managing Director of the Company for a period of five years with effect from January 25, 2007, on remuneration, terms & conditions.

7. Consent accorded for the payment of revised remuneration to the Managing Director i.e. Mr. Narayana Rao, with effect from July 01, 2006 to January 24, 2007 (upto date of his tenure as the Managing Director of the Company).

Marico enters South Africa

Marico Ltd has informed BSE that The Marico Group (Marico) on October 31, 2007 has announced its entry into the South African ethnic hair care and Health care market. It has acquired the consumer division of Enaleni Pharmaceuticals Ltd, through purchase of 100% shares in Enaleni Pharmaceuticals Consumer Division (Pty) Ltd (EPCD), an Enaleni subsidiary. The deal is valued at South African Rand (ZAR) 92.8 million (about Rs 52 crore). Marico clinched this deal in a competitive bidding process.

The Durban-based EPCD is present across segments such as Hair Relaxers, After Care -Hair food and Hair Conditioners. EPCD's Current annualised Turnover is about ZAR 95 Million, that is about Rs 53 crore, (1 ZAR = Approx INR 5.6) EPCD operates 3 leading brands, viz. Caivil in premium ethnic hair care, Black Chic in VFM hair care, Hercules in OTC Health Care.

Announcing the acquisition in Mumbai, Mr. Harsh Mariwala, Marico Group Chairman stated "I am delighted at this acquisition- it provides us an opportunity to participate in the rapidly growing ethnic consumer products marker in South Africa. I am personally excited about this opportunity- it helps us extend the Marico footprint to a new geography with potential, thus taking us a step further towards becoming a global player in beauty and wellness,"

The market for Ethnic Hair Care and Relevant OTC Healthcare products in South Africa is estimated to be in the region of ZAR 1.1 billion ( about Rs 600 crore) growing at Over 20% EPCD's Market Share in relevant segments of Hair Care is about 5%- 6%, going up to 9%-10% in relevant OTC segments. The brands are also present in key Super market chains like Clicks & Discom, wi