The board meeting of Cairn India will be held on 28 January 2010 to consider the unaudited financial results of the company for the quarter ended 31 December 2009 (Q3).
Source :www.biginfotech.in
Jan 7, 2010
REI Six Ten Retail issues debentures
The committee of REI Six Ten Retail has issued 20,00,000 fully convertible debentures to Writers & Publishers and 7,00,000 fully convertible debentures to HT Media of face value Rs. 100 each for an amount aggregating to Rs. 27 crore on preferential basis.
Source :www.biginfotech.in
TVS Motor to announce financial results
The board meeting of TVS Motor Company will be held on 20 January 2010 to consider and approve the unaudited financial results for the third quarter ended 31 December 2009 and to consider declaration of an interim dividend, if any to the shareholders of the company for the year ending 31 March 2010.
Source :www.biginfotech.in
Four Soft secures contract
Four Soft has announced that Mondial Logistics has selected 4S eLog to automate the management of its warehouses throughout its locations in the Netherlands. The contract was executed through Four Soft Netherlands BV, a subsidiary of Four Soft, India.
Thermax receives order worth Rs 240 crore
Thermax has received an order worth Rs. 240 crore from a leading business house for supplying four CEBC (Circulating Fluidised Bed Combustion) boilers, each of 190 TPH capacity. The boilers are for 2x90 MW independent power plants (IPPs) to be set up in Uttar Pradesh and will use coal - Indian and imported to generate power. This major CFBC boiler order received reinforces the comapay`s leadership position in this segment.
Source :www.biginfotech.in
ICICI Bank to announce Q3 results
The board meeting of ICICI Bank will be held on 21 January 2010 to consider the approval of audited accounts for the quarter ended 31 December 2009 (Q3).
Source :www.biginfotech.in
ICICI Bank and First Data enter merchant acquiring alliance
ICICI Bank and First Data have formed a merchant acquiring alliance named ICICI Merchant Services which has acquired ICICI Banks merchant acquiring portfolio. The transaction was completed on 22 December 2009. The venture brings together one of India`s largest merchant portfolios, representing approximately 30% of the current Indian acquiring market, and a leading acquirer and payment services provider with global expertise.
INEOS ABS to announce financial results
The board meeting of INEOS ABS (India) will be held on 26 February 2010 to consider and take on record the audited financial results and declaration of dividend, if any for the financial year ended on 31 December 2009.
Source :www.biginfotech.in
Lanco Infratech to announce Q3 results
The board meeting of Lanco Infratech will be held on 27 January 2010 to consider and approve the unaudited financial results for the quarter ended 31 December 2009 (Q3).
Source :www.biginfotech.in
Jan 6, 2010
Pidilite Industries to consider bonus issue
The board meeting of Pidilite Industries will be held on 28 January 2010 to consider the unaudited financial results (provisional) for the third quarter and nine months ended 31 December 2009 and to consider the proposal for issue of bonus shares.
Source :www.biginfotech.in
Sunil Hi Tech bags Rs 487 crore BoP contract
Sunil Hi Tech Engineers, one of the leading technology and EPC companies in the power and infrastructure sector has been awarded the Balance of Plant (BoP) contract for Mahagenco`s Parli TPS Project Unit No 8, I * 250 MW. The total value of the contract is Rs 487.82 crore.
Sanwaria Agro Oils ranks 316 in 2009 Compendium of TOP 500 companies in India
Sanwaria Agro Oils has announced that the company has been ranked 316th amongst 500 companies in 2009 compedium of Top 500 companies in India by qualified and experienced panel of research analysts of Capital Market. This ranking is based on market capitalization, capital employed, gross block, sales, profit after tax and annual stock return.
Source :www.biginfotech.in
PSL bags fresh contracts for over Rs 425 crore
PSL has announced that the company has recently bagged orders worth over Rs 425 crore. Since the company has set up its Pipe Manufacturing Plants at different strategic locations in India, viz; Varsana and Mahudi in Gujarat, Vizag in Andhra Pradesh, Jaipur in Rajasthan & Chennai in Tamil Nadu, few top infrastructure companies such as Larsen & Toubro, Nagarjuna Construction Company etc. having preferred these locations, have again reposed their confidence in the company resulting into bagging of these orders for supply of pipes aggregating to approximately 112,000 tonnes.
The company is adequately confident that in view of its reputation of maintaining its past tradition of sticking to strict time schedule always, the company will continue to receive such patronages from its valued clients in future also.
Source :www.biginfotech.in
The company is adequately confident that in view of its reputation of maintaining its past tradition of sticking to strict time schedule always, the company will continue to receive such patronages from its valued clients in future also.
Raj Television Network ventured into movie distribution platform
Raj Television Network has announced that the company has ventured into movie distribution platform for distributing theatrical rights of movies from time to time. The company has acquired the exclusive distribution rights of upcoming Tamil movie Kutty for some specified areas in Tamilnadu, starring one of the top line Tamil star Dhanus. The movie is expected to be released all across shortly. The company is hopeful of getting better revenue from such distribution.
The members of Genus Power Infrastructures in the extra ordinary general meeting on 02 January 2010 have approved to issue and allot 11,00,000 convertible warrants to promoter on preferential allotment basis, subject to all applicable provisions and necessary approvals.
Larsen & Toubro`s (L&T) Buildings & Factories Operating Company, a part of its Construction Division has bagged new orders aggregating Rs 2325 crore during the third quarter of the year 2009-10 for the construction of residential towers, hospital, exhibition centre IT Park & factory building projects.
Genus Power Infrastructures` members approve to issue convertible warrants
The members of Genus Power Infrastructures in the extra ordinary general meeting on 02 January 2010 have approved to issue and allot 11,00,000 convertible warrants to promoter on preferential allotment basis, subject to all applicable provisions and necessary approvals.
Source :www.biginfotech.in
ICICI Bank allots equity shares
ICICI Bank has allotted 27,705 equity shares of face value of Rs 10 each on 04 January 2010 under the Employees Stock Option Scheme, 2000 (ESOS).
Source :www.biginfotech.in
Mahan Industries allots convertible equity warrants
The board of Mahan Industries in its meeting on 04 January 2010 has allotted convertible equity warrants to all the allottees on preferential basis which were approved in the extra ordinary general meeting of the company held on 05 December 2009.
Source :www.biginfotech.in
Polaris Software Lab to consider interim dividend
The board meeting of Polaris Software Lab will be held on 20 January 2010 consider, approve and take on record the audited financial results of the company for the quarter ended 31 December 2009 and to declare interim dividend, if any, on the equity share capital.
Source :www.biginfotech.in
Gayatri Projects to consider interim dividend
The board meeting of Gayatri Projects will be held on 20 January 2010 to consider the un-audited financial results (provisional) of the company for the quarter ended 31 December 2009 and to consider and declare an interim dividend on the equity share capital of the company.
Source :www.biginfotech.in
Sharon Bio-Medicine to inaugurate new division
Sharon Bio-Medicine has announced that the company`s new division namely SA-FORD situated at V-MIDC, Taloja, District Raigad is going to be inaugurated on 09 January 2010 by Hon`ble Walter Stechel, Consul General of the Federal Republic of Germany.
SA-FORD stands for Sanctuary For Research & Development. SA-FORD will be a CRO (Contract Research Organization) specializing in the complete range of toxicology studies for various segments in multiple industries across many countries.
SA-FORD will strictly work according to international guidelines (OECD GLP, OPPTS, EPA, ECH, ISO 10993 etc). The main focus areas of SA-FORD will be pharmaceuticals, biocides, pesticides, REACh, food / nutraceuticals, medical devices and beyond. SA-FORD performs all required toxicological studies for its clients.
Indian Metals & Ferro Alloys allots equity shares
The allotment committee of Indian Metals & Ferro Alloys in its meeting on 05 January 2010 have allotted 12,50,000 equity shares of Rs 10 each for cash at Rs 387 per share amounting to Rs 48,37,50,000 to Reliance Capital Trustee Company Ltd A/C Reliance Equity Opportunity Fund.
Consequently, with effect from 05 January 2010, the issued and paid up equity share capital of the company stands increased to Rs 26,32,65,190 divided into 2,63,26,519 equity shares of Rs 10 each.
Source :www.biginfotech.in
Consequently, with effect from 05 January 2010, the issued and paid up equity share capital of the company stands increased to Rs 26,32,65,190 divided into 2,63,26,519 equity shares of Rs 10 each.
Source :www.biginfotech.in
Geometric to unveil CAMWorks 2010 and DFMPro 2.
Geometric has announced that Geometric Technologies Inc, a subsidiary of the company and a leader in developing advanced manufacturing softwares will showcase the upcoming release of CAMWorks and DFM Pro at SolidWorks World 2010, booth # 425, in Anaheim Convention Center, CA USA from 31 January - 03 February, 2010. Both CAMWOrks and DFMPro are seamlessly integrated within the SolidWorks platform enabling intelligence and automation in design as well as manufacturing processes.
Source :www.biginfotech.in
Tantia Constructions receives prestigious project from Northern Railway
Tantia Constructions has announced that the company has received a prestigious project from Northern Railway, Headquarters Office, Delhi in the name of TANTIA-CCTL (JV) for construction of 1.80 Kms long tunnel on realigned path and carrying out reprofiling work in balance length of existing tunnel No. 1 including blanketing, earthwork & construction of side drain etc. in Zone E-2 between Tunnel no. 1 Katra end to Road Over Bridge Sambal on Udhampur- Katra section in connection with Udhampur- Srinagar- Baramulla Rail Link for worth Rs 91.73 crore.
Source :www.biginfotech.in
JSW Steel posts 88% growth in crude steel production
JSW Steel posted a growth of 88% in crude steel production during Q3 financial year 2010. The company achieved the highest ever quaterly production for rolled flat and rolled long products.
The growth in rolled products in flat and long products was 51% and 199% respectively. Including the trial production of 14.69 lakh tonnes of crude steel and 2.37 lakh tonnes of rolled products - long.
The company`s crude steel production for the 9 months ended 31 December 2009 was 4.39 million tonnes showing a growth of 59% over corresponding period of last year.
Source :www.biginfotech.in
The growth in rolled products in flat and long products was 51% and 199% respectively. Including the trial production of 14.69 lakh tonnes of crude steel and 2.37 lakh tonnes of rolled products - long.
The company`s crude steel production for the 9 months ended 31 December 2009 was 4.39 million tonnes showing a growth of 59% over corresponding period of last year.
ACC inaugurates cement works in Kudithini, Karnataka
ACC has announced that ACC Kudithini Cement Works was inaugurated on 04 January 2010 by G Janardhan Reddy, the Hon`ble Minister for Tourism and Infrastructure Development, Government of Karnataka, in the august presence of senior members of the local Government and Administration and other distinguished guest.
Dujodwala Products` members approve to issue warrants
The members of Dujodwala Products in the extra ordinary general meeting held on 28 December 2009 have approved to create, offer, issue and allot in one or more tranches, to individuals and / or corporates belonging and / or not belonging to the promoter / promoter group on a preferential basis, upto 25,50,000 warrants of Rs 10 each fully paid, entitling the warrant holder with a right to apply for and be allotted one fully paid up equity share of face value of Rs 10 each against one warrant at an exercise price including premium, at a price not being less than the price determined in terms of regulation 76 (1) of SEBI ICDR Regulations.
Source :www.biginfotech.in
Sadbhav Engineering receives project of 4 laning of Rohtak to Panipat section of NH-71A
Sadbhav Engineering has announced that the company received the project of 4 laning of Rohtak to Panipat section of NH-71A from km 0.000 (Km 63.30 of NH-10) to km 80.858 (Km 83.50 of NH-1) in the state of Haryana on BOT basis under NHDP Phase-III.
The proposed total cost of development of the said project stands at Rs 1350.00 crore. The concession period of the project is 25 years inclusive of construction period of 910 days from appointed date.
Source :www.biginfotech.in
The proposed total cost of development of the said project stands at Rs 1350.00 crore. The concession period of the project is 25 years inclusive of construction period of 910 days from appointed date.
WABCO-TVS expands into vehicle control systems in India
WABCO Holdings Inc, a global technology leader and tier-one supplier to the commercial vehicle industry, announced that its award-winning subsidiary WABCO-TVS India is offering an extensive range of products for the commercial vehicle control systems market. Participating at its first major industry event since becoming a subsidiary of WABCO in June 2009, WABCO-TVS is presenting pioneering engineering along with its expanded product portfolio. It includes advanced braking systems, innovative active and electronic control systems for commercial vehicles, and improved products and systems for air suspension in luxurious cars such as Mercedes and BMW among others. WABCO-TVS is also showcasing industry-leading driveline control systems for trucks and buses such as OptiDrive automated manual transmission systems, a finalist for the 2010 Automotive News PACE Awards - the industry`s benchmark for innovation. WABCO is present at Stall 28, Hall 18 of Pragati Maidan from January 5-11, 2010.
Source :www.biginfotech.in
Ashiana Housing enters joint venture with Maglam Group
Ashiana Housing has announced that the company has entered into joint venture with Manglam Group for development of 131,000 sq yard land situated in village Kanakpura, Jaipur. It is proposed to develop the same as group housing project. The expected saleable area of the project would be 23 lakh sq ft with total expected revenues of Rs 500 crore.
Source :www.biginfotech.in
Clutch Auto`s board approves to allot equity share warrants
The board of Clutch Auto in its meeting on 04 January 2010 has apporved to issue and allot 24,45,000 equity share warrants at the rate of Rs 50 each (including premium of Rs 40 each) to promoters under preferential allotment.
The board has approved to acquire 50,000 Sq mtrs land (Industrial plot at Kahrani (Bhiwadi Extn.) Distt. Alwar, Rajasthan) at a cost of Rs 1500 lakh.The board has decided to convene extra-ordinary general meeting of the company on 01 February 2010 to consider the above proposals by the shareholders of the company.
Source :www.biginfotech.in
The board has approved to acquire 50,000 Sq mtrs land (Industrial plot at Kahrani (Bhiwadi Extn.) Distt. Alwar, Rajasthan) at a cost of Rs 1500 lakh.The board has decided to convene extra-ordinary general meeting of the company on 01 February 2010 to consider the above proposals by the shareholders of the company.
Lupin allots equity shares
The allotment committee of Lupin in its meeting on 05 January 2010 has allotted 30460 fully paid up equity shares of Rs 10 each. These shares have been allotted upon exercising of options granted to the employees under stock option plans of the company.
In view of the above, the issued and paid up capital of the company has been increased to Rs 889,057,270 consisting 88,905,727 equity shares of Rs 10 each.
Source :www.biginfotech.in
In view of the above, the issued and paid up capital of the company has been increased to Rs 889,057,270 consisting 88,905,727 equity shares of Rs 10 each.
Bajaj Hindusthan allots equity shares
The management committee of Bajaj Hindusthan at its meeting on 04 January 2010, allotted 1,45,00,000 equity shares of Re 1 each, at a price of Rs 52.14 per equity share to the promoters.
Post allotment, the paid up capital of the company has increased to Rs 191,357,111 from Rs 176,857,111.
Source :www.biginfotech.in
Post allotment, the paid up capital of the company has increased to Rs 191,357,111 from Rs 176,857,111.
Karuturi Global`s board approves allotment of equity shares
The board of Karuturi Global in its meeting of 04 January 2010 has approved the allotment of 73,75,000 equity shares of Re 1 each to Deutsche Bank AG London, against the conversion of FCCB Bonds of USD 2,000,000.
The board has approved the allotment of 25,33,750 equity shares of Re 1 each to the employees of the company, who have exercised the employees stock options vested on them.
With the above two allotments, the paid up capital of the company has gone up to Rs 48,93,05,325 divided into 489305325 equity shares of Re 1 each from the existing capital of Rs 47,93,96,575.
Source :www.biginfotech.in
The board has approved the allotment of 25,33,750 equity shares of Re 1 each to the employees of the company, who have exercised the employees stock options vested on them.
With the above two allotments, the paid up capital of the company has gone up to Rs 48,93,05,325 divided into 489305325 equity shares of Re 1 each from the existing capital of Rs 47,93,96,575.
Jan 5, 2010
Spicejet allots equity shares
Spicejet has allotted 128,200 equity shares of Rs. 10 each consequent upon exercise of options granted to employees under Employee Stock Option Scheme 2007 (ESOS).
Source :www.biginfotech.in
MIC Electronics announces receipt of orders
MIC Electronics has announced the receipt of orders worth Rs. 14.15 crore these includes three orders. Order for supply, installation and commissioning of Digital Display Systems (DDS) for Common Wealth Games - 2010 from Indian institute of Tropical Meteorology, Pune and one outdoor true colour LED Display unit from Live Innovative Software Technology, Pune totalling Rs. 5.50 crore.
Orders worth Rs. 1.90 crore for supply of LED Luminaries from Vijayawada Municipality, Paranjape Builders, Pune, Tripura Electricity board and other corporate houses.
Orders worth Rs. 6.75 crore received from Fullerton India Consulting, Stanford hospitals, USA.
Source :www.biginfotech.in
Orders worth Rs. 1.90 crore for supply of LED Luminaries from Vijayawada Municipality, Paranjape Builders, Pune, Tripura Electricity board and other corporate houses.
Orders worth Rs. 6.75 crore received from Fullerton India Consulting, Stanford hospitals, USA.
Lanco Infratech secures contracts
Lanco Infratech was awarded three contracts totalling value of Rs. 2,106 crore. One contract for supply of Rs. 1,640 crore, the second for services of Rs. 216 crore and the third for civil and construction works of Rs. 250 crore by Lanco Kondapalli Power, a subsidiary of the company in connection with their stage-III expansion of the power project of 2 x 371 MW at Kondapalli, Near Vijayawada, Andhra Pradesh.
Source :www.biginfotech.in
Suryachakra Power Corporation to issue FCCBs
The board of Suryachakra Power Corporation in its meeting on 04 January 2010 has decided to issue Foreign Currency Convertible Bonds (FCCBs) for an aggregate sum not exceeding US$ 100 million to the foreign investors, subject to approval of the members of the company and other statutory authorities concerned.
Source :www.biginfotech.in
Bajaj Motorcycles sales rises to 86% in December 2009
Riding on the growing momentum of its `bigger and sportier` Discover (86,769 units) and Pulsar (44,518 units) brands, Bajaj motorcycle sales grew 86% in December 2009. Bajaj launched the all new Pulsar 135 LS on 09 December 2009 towards the purpose of scaling the Pulsar to be a million units/year brand.
Commercial cehicle sales continued to grow across the in-city, sub-urban, and goods carrier segments. Exports continued to exhibit strong growth.
Bajaj Auto has sold 252,004 2&3 wheelers in December 2009. This includes 91,369 export units. The company has sold 142,163 2&3 wheelers in December 2008.
Source :www.biginfotech.in
Commercial cehicle sales continued to grow across the in-city, sub-urban, and goods carrier segments. Exports continued to exhibit strong growth.
Bajaj Auto has sold 252,004 2&3 wheelers in December 2009. This includes 91,369 export units. The company has sold 142,163 2&3 wheelers in December 2008.
Petroleum Trust sells shares of Reliance Industries
Reliance Industries (RIL) has announced that Petroleum Trust sold approximately 258.50 lakh equity shares of the company on 04 January 2010. Reliance Industrial Investments and Holdings, a wholly owned subsidiary of RIL is the beneficiary of the Trust.
The Trust will realize approximately Rs. 2675 crore, at an average price of about Rs. 1035 per share. The financial impact will be reflected in the consolidated financial statements of the company.
Source :www.biginfotech.in
The Trust will realize approximately Rs. 2675 crore, at an average price of about Rs. 1035 per share. The financial impact will be reflected in the consolidated financial statements of the company.
Kalpena Plastiks to allot equity shares
The board meeting of Kalpena Plastiks will be held on 06 January 2010 for consideration of allotment of 32,60,035 equity shares of Rs. 10 each on preferential basis to promoter / promoters group of the company.
Source :www.biginfotech.in
Bharat Forge commissions its new fully integrated ring rolling facility
Bharat Forge, the flagship company of the US$ 2.4 billion Kalyani Group and a global leader in manufacturing & metal forming has announced the commissioning of its new fully integrated Ring Rolling Facility at its Centre for Advanced Manufacturing at Baramati. The facility was inaugurated by Albert Hieronimus, President & CEO, Bosch Rexroth AG.
HDFC Bank allots equity shares
HDFC Bank has allotted 8,78,430 equity shares to the employees of the bank pursuant to exercise of options under its Employees Stock Option Schemes (ESOS).
Source :www.biginfotech.in
ACC produces 1.86 million tonnes of cement during December 2009
ACC produced 1.86 million tonnes of cement and dispatched 1.88 million tonnes of cement during December 2009 as compared to 1.91 million tonnes produced and 1.90 million tonnes dispatched during December 2008.
Source :www.biginfotech.in
Larsen & Toubro secures order worth Rs. 987 crore
Larsen & Toubro (L&T) has secured a major order valued at Rs. 987 crore from Gujarat Narmada Valley Fertilizers Company (GNFC) for setting up a 1120 MTPD Ammonia equivalent, Natural Gas based Synthesis Gas Generation plant at Bhanich, Gujarat in June 2012.
The project has been awarded on a lump sum turnkey basis including process technology. It demonstrates L&T s integrated capabilities in executing critical plants for fertilizers and refineries, and is the most recent addition to the companys extensive track record in the fertilizer sector. In the decades when the fertilizer sector was more active, L&T was recognized as a leading player in the field and had executed critical sections for several fertilizer plants in India and abroad on a complete Engineering-Procurement-Construction (EPC) basis.
The project has been awarded on a lump sum turnkey basis including process technology. It demonstrates L&T s integrated capabilities in executing critical plants for fertilizers and refineries, and is the most recent addition to the companys extensive track record in the fertilizer sector. In the decades when the fertilizer sector was more active, L&T was recognized as a leading player in the field and had executed critical sections for several fertilizer plants in India and abroad on a complete Engineering-Procurement-Construction (EPC) basis.
Maruti Suzuki India sells 84,804 vehicles in December 2009
Car market leader Maruti Suzuki India has sold a total of 84,804 vehicles in December 2009. This includes 13,804 units of exports. The company had sold 52,029 vehicles in the domestic market in December 2008.
Source :www.biginfotech.in
Suzlon wins repeat orders from ITC
Suzlon Energy, the worlds third largest wind turbine maker has announced the signing of repeat orders with ITC, a leading and highly diversified conglomerate, to set up, operate and maintain two new wind power projects in the states of Karnataka and Maharashtra.
The project in Karnataka will add 21 MW of capacity from ten units of Suzlon`s S88 - 2.1 MW turbine, while the Maharashtra project will add 6 MW of capacity from four units of Suzlon`s S-82 1.5 MW turbine.
Shiva Cement`s cement & clinker dispatch is up by 34.9%
Shiva Cement has announced that the dispatch of cement and clinker during Q-3 of current FY is up by 34.9%. The dispatches on YOY basis (April-December, 2009) was up by 48.8% in comparison to April-December, 2008.
Source :www.biginfotech.in
Source :www.biginfotech.in
GMR Ferro Alloys & Industries changes its name
GMR Ferro Alloys & Industries has announced that the name of the company has been changed to CRONIMET ALLOYS INDIA from GMR Ferro Alloys and Industries.
Source :www.biginfotech.in
Source :www.biginfotech.in
Money Matters Financial Services to allot equity shares
Money Matters Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 02, 2010, has approved the allotment of equity shares to warrant holders on conversion of their warrantholding into equity shares.
Source :www.biginfotech.in
Source :www.biginfotech.in
Crew BOS Products to allot warrants
The board meeting of Crew BOS Products will be held on 04 January 2010 to consider and approve the allotment of convertible warrants into equity shares on preferential basis to promoters.
Source :www.biginfotech.in
Source :www.biginfotech.in
Mold Tek Technologies` board approves preferential allotment
The board of Mold Tek Technologies in its meeting on 01 January 2010 has approved preferential allotment of 6,55,000 compulsorily convertible warrants at a price of Rs. 80 to promoters & others.
Source :www.biginfotech.in
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