Gammon India

Gammon India Ltd has informed that Gammon Infrastructure Projects Ltd (GIPL), a Subsidiary of the Company, has submitted the Draft Red Herring Prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for its 'Initial Public Offer' of 16,550,000 equity shares, comprising a net issue of 14,895,000 equity shares to the public and a reservation of 1,655,000 equity shares for eligible employees.

Motor & General Finance

With reference to the news item appearing in a daily titled "Emaar to sell 117 mn shares in public offer", Motor & General Finance Ltd has clarified that in the last but one para, it is stated that MGF Developments Ltd is a subsidiary of The Motor & General Finance Group which the Company deny and confirm that MGF Developments Ltd is not the subsidiary of the Company.

Shiva Cement Open Offer

LKP Shares & Securities Ltd ("Manager to the Offer"), on behalf of Mr. R P Gupta, Mr. Akash Gupta, Mr. Vikash Gupta, Mrs. Preeti A Gupta, Ms. Shilpi Gupta, R P Gupta (HUF) and Unicon Merchants Pvt Ltd ("Acquirers"), has issued this Public Announcement ("PA") to the Shareholders of Shiva Cement Ltd ("Target Company"), pursuant to Regulation 10 of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations").

The Offer:

The Acquirers are making this Open Offer to all the shareholders of the Target Company (except the Acquirers) to acquire by tender upto 338,92,795 fully paid equity shares of Rs 2 each of The Target Company, representing 20% of the fully expanded equity capital and voting capital in terms of Regulation 21(1) of the Regulations on the terms and subject to conditions as set out in PA at an offer price of Rs 3.70 per fully paid up equity share ("Offer Price") plus interest of Re. 0.31 per share calculated @ 10% p.a. on Rs 3.70 from the date 90 days after November 17, 2006 i.e. from February 16, 2007 till December 20, 2007 being the scheduled date of payment of consideration ("Total offer consideration" payable in cash in terms of Regulations 20 of the Regulations ("Offer")).

Schedule of Activities:

Specified Date - October 01, 2007

Date of Opening of the Offer - November 17, 2007

Date of Closing of the Offer - December 06, 2007

ICICI Bank

ICICI Bank Ltd has announced that the Bank, acting through its Bahrain branch successfully priced a benchmark 5 year fixed rate note of US$2 billion. The offering had a US$ 6.05 billion order book with strong interest from over 250 investors.

From a geographical breakdown perspective there was very widespread participation. 43% of the notes were sold into the US, 37% into Asia and Europe contributed for about 16%. The notes were sold under the Rule 144A/Reg S format. From an investor breakdown perspective, 53% of the notes were sold to fund managers 32% to banks and 15% to pension funds and retail investors. The offering was lead managed by Deutsche Bank AG, Goldman Sachs International and Merrill Lynch International.

The five-year fixed rate notes carry a coupon of 6.625%.

NIIT Technologies

With reference to the news item appearing in a leading financial daily titled "PE majors eye stake in NIIT Tech - Carlyle, TPG in Talks with Promoters for 25.40% stake", NIIT Technologies Ltd has clarified that the said mater already been taken up with the Editor of the respective financial daily.

Further the Company has submitted to the Exchange a copy of the letter sent by NIIT Ltd to the Editor of the financial daily. The details of the same are as under:

"You will appreciate the fact that since ours is a public-listed Company, misleading statement like, these, particularly when reported as the top headline on page 1 in the respected medium like yours, lead to unnecessary speculation. Through this letter we request you to publish a corrigendum immediately on the correct status, to dispel possible confusion caused by today's incorrect headline.

We continues to admire your paper for its high standards of reporting. Hopefully the Company will not be disappointed on its assessment, by inaction on your behalf, on this high priority instance."

Tayo Rolls

Tayo Rolls Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 15, 2007, inter alia, to consider & approve the following:

1. Audited financial results for the half-year and quarter ending September 30, 2007.

2. Raising of funds to finance the proposed Forged Roll and Forging Projects through debt and equity by issuance of further shares on Rights basis.

Dr Reddys Laboratories Ltd

Dr Reddys Laboratories Ltd has announced that the Company has expanded its presence in the ASEAN region with the opening of its 41st overseas office in Manila, Philippines in partnership with Britton Marketing Corporation, a sister Company of Britton Distributions, Inc. This distributor-based model will serve the US $ 1.8 billion Philippines pharmaceutical market, which is growing at over 10% annually.

The Company is initially targeting therapeutic areas like cardiology, diabetology, gastroenterology and pain management. The first phase of launch will see major brands like Omez (Omiprazole), Stamlo M (Amlodipine maleate), Resilo (Losartan), Reclide (Gliclazide), Cardiopril (Ramiprll), Rafree (Meloxicam), Ciprolet (Ciprofloxacin), and Finast (Finasteride) being introduced in the Philippines market.

Commenting on the opening of the new office, Rajesh Kumar, Head- AMEEERA region said, "Accessibility of quality and affordable medicines is among the pressing issues in Philippines today. It is one of the key markets in the ASEAN region for us and being a leader in the generics space, Dr Reddy’s has a lot to offer to the Filipino medical community and the people of Philippines. BMC has a strong marketing presence in the healthcare products market and together with Dr. Reddy's, is ideally placed to serve this market."

Ansal Properties & Infrastructure

Ansal Properties & Infrastructure Ltd has informed that the Company has entered into a MOU, on September 28, 2007, with UEM (Mauritius) Co. Ltd, {UEM}, to form a joint Venture Company in India {JVC}. The JVC shall carry out building construction and engineering works of various projects of the Company situated in various states to give impetus to its construction activities in terms of quality and timeliness.

UEM as part of UEM Builders is under UEM Group Berhad. This Group also has a strong presence in India since early 1990s. This Group is a leading and well diversified conglomerate in Malaysia and a wholly owned subsidiary of Khazana Nasional Berhad, an investment arm of the Malaysian Government. As one of the Malaysia's largest conglomerate and a preferred nation building partner there, it also has presence in other parts of Asia, in UK, Africa and Middle East Counties. With assets of more than USD $ 7.5 billion and shareholders funds in excess of USD $ 1.90 billion and human resource strength in excess of 19,000, it operates through more than 40 major subsidiaries and associate companies many of which are listed on Malaysian and London Stock exchanges.

Panoramic Universal

Panoramic Universal Ltd has informed that the Company has acquired 4.46% stake in Inter-connected Stock Exchange of India Ltd (ISE) at a bid price of Rs 250/- per share under "The Inter connected Stock Exchange of India Ltd Demutualisation Scheme 2005".

Essar Steel

Essar Steel Ltd has informed that the Company has been informed by the Promoters (Essar Steel Holdings Ltd., Mauritius) that they have extended the Bid Period of the Delisting offer of the Equity Shares of the Company to close on October 03, 2007.

Accordingly, the Bid Period will now close on October 03, 2007 instead of September 28, 2007.

Micro Technologies

Micro Technologies India Ltd plans to deploy a pilot project of Micro Disaster Management System (DMS) which works to prevent and reduce the loss, destruction and suffering in an event of social concern. Mr. Vijay Nahata (IAS), Municipal Commissioner, Navi Mumbai launched this innovative product in the disaster management services for the Navi Mumbai Municipal Corporation. The Company has deployed a similar system for various Security and Safety requirements, which is delivered access to various Geographic locations with information on the Security communicated through automated reports in the event of several major disasters.

Micro DMS is custom built hardware and security system, which uses sensors to control, unmanned premises (viz. hospitals, residential complexes, small organisations). It is an easy to use and efficient embedded system. In case of an intrusion, fire, gas leakage, drastic changes in temperature, power failure or any such emergency, the system transfers this information instantly via SMS to alert the concerned officials according to the type of disaster, On receiving the information from any sensors placed in multiple locations, this system maps the address and shortest route to the location of the disaster, which is sent to the concerned officials. Micro DMS integrates many types of sensors, audio-visual equipment and can be customized to provide solutions for specific needs.

Mr. Vijay Nahata (IAS), Municipal Commissioner, Navi Mumbai said on this occasions "Navi Mumbai Corporation is happy that Micro Technologies cares at an individual and community level. With this step by the company our corporation would be benefited and thankful to them as well as their associates," Upon implementation of this system, the Navi Mumbai Municipal Corporation will be able to prevent and reduce casualties, making the Navi Mumbai community a safer and better place for its residents. People in the community will feel more secure by receiving assistance pro actively when faced with a crisis situation (e.g., fire, road accidents, power failure).

The Company is an Indian R & D success story and leading provider of the much-needed range of security devices, life support systems and web-based software solutions to a global audience. Since its inception, 15 years ago, Micro Technologies has developed 140+ products that provide solutions to secure residential and commercial premises as well as movable assets such as vehicles, mobile phones, laptops, etc. These solutions use GSM / CDMA technology to alert the user of an unauthorized intrusion. The Company's products are globally recognized for their innovation, perfection and quality.

The Company has recently tied up with Lazer Technology Solutions and aims at expanding its business in the Middle East and Egypt.

Stone India

Stone India Ltd has informed that the Company has executed a Technical Collaboration Agreement with SMA Technologie AG, Germany for manufacturing of 180 KVA Auxiliary Power Converter for Indian Railways.

This high value product will be manufactured in the new upcoming facility in Nalagarh, Himachal Pradesh.

Infotech Enterprises Ltd

Infotech Enterprises Ltd has announced the inauguration of a dedicated facility in Survey of India, Uppal Hyderabad Campus by Major General Gopal Rao, Surveyor General of India.

The Company will be executing the contracts awarded by Survey of India for mapping the cities of Ahmedabad and Chennai in this facility. The Company will be employing softcopy photogrammetry technology to extract features in 3D. A team from the Company will operate from this secure facility and complete the project in 4 months time. Around 500 sq. km of thickly populated urban areas will be covered at 1:1000 scale in these two cities.

The features to be captured include buildings, transport network, utility networks, communication structures, water bodies, vegetation, and contours. The output will be delivered in DGN format along with the attribute data collected from Field Survey. The data will be useful for application in urban planning and management, taxation, emergency preparedness and response, security, health and civic amenities.

Speaking on this occasion, BVR Mohan Reddy, Chairman and Managing Director of the Company said, "We have always believed that there is enormous potential in domestic GIS space and Infotech as a global leader in GIS is happy to be executing the contracts for Survey of India. Infotech's expertise in creating world class maps for customers in North America and Europe will be a natural advantage. This is the first step towards creating large scale mapping and C applications in India."

Wipro Ltd

Wipro Ltd has informed that the Company has entered into a definitive agreement on September 27, 2007 to acquire Oki Techno Centre (Singapore) Pte Ltd over a period of one year. The Target Company is based out of Singapore and is focused on wireless design in the areas of RF (Radio Frequency) and Baseband.

In this regards the Company has issued the following Press Release:

"Oki Electric Industry Co. Ltd. and Wipro Technologies, the global IT services arm of Wipro Ltd on September 27, 2007 has announced their strategic partnership in the area of design services for the semiconductor market. As part of this partnership, Wipro has signed a definitive agreement to acquire Oki Techno Centre Singapore Pte. Ltd (OTCS) including its own Intellectual Property Rights in an all cash deal over a period of one year. Wipro will also establish a dedicated Development Centre for OKI.

OTCS is a wholly owned subsidiary of OKI focused on wireless design and has demonstrated innovative capabilities in RF (Radio Frequency) and baseband design. OTCS is a 40 member center with SGD 8.8 M as the revenues of the fiscal year ended March 31, 2007. The Company has key customers in Japan in product engineering space.

The development center set up by Wipro will enable OKI to utilize design resource efficiently and enhance product development capabilities. This will enable OKI to expand its semiconductor business and increase its competitive edge in designing semiconductor products in the global market.

"OKI has been enhancing its design and development skills to respond to more complex and sophisticated LSIs. We have been looking for a global partner to improve our efficiency in semiconductor design through outsourcing, as we focus on improving our core designing capabilities," said Masahiko Morioka, President or Silicon Solutions Company at Oki Electric industry. "The capability at Wipro will enable OKI to provide high-quality technologies and products to its customers in a timely manner."

Wipro is a leading solutions provider in the semiconductor design services space and has been strengthening its presence by complementing its digital expertise with analog arid RF skills. Wipro's NewLogic acquisition in 2005 strengthened its position in the area of wireless designs in CMOS RF and IPs. The acquisition of OTCS further strengthens our capabilities in RF and baseband design and gives deeper domain strengths in the area of DTV standards, WiMedia UWB, RFID and Wireless LAN 802.11 technology areas.

"The wireless communication IC marketplace today is demanding integrated SoC solutions requiring expertise in digital and RF domain. The acquisition of OTCS is a significant step in our plans to strengthen the leadership in design services in the RF and baseband technology space. The acquisition also provides a solid base for addressing the large market in Japan and East Asia," said Ramesh Emani, President, Telecom and Product Engineering Solutions Division, Wipro Technologies.

The entire transaction is expected to be closed during the next one month. The closing of the transaction is subject to customary closing conditions and regulatory approvals."

Financial Technologies India

Financial Technologies India Ltd has informed about the following:

- Merrill Lynch and Citigroup acquires 5% stake each in Multi Commodity Exchange of India Ltd (MCX) from Financial Technologies (India) Ltd (Company) and MCX emerges as the 'Exchange of Choice' globally. Company plans to invest proceeds in green field ecosystem ventures such as - National Spot Exchange Ltd (NSEL), National Bulk Handling Corporation Ltd (NBHC) and others towards the development of complete value chain.

MCX, as part of its strategy to evolve into a globally recognized, world class commodity exchange from India, has further expanded its shareholder base by virtue of Company divesting its equity capital in MCX. In addition, the Company has also signed definitive Agreements with Passport India Investment (Mauritius) Ltd and GLG Financials Fund for sale of a 3% and 2% stake, respectively, in MCX. MCX received valuation ranging from US$ 1.0 billion to US$ 1.1 billion for the above transactions. These investments from strategic international partners will provide Indian commodity markets and MCX access to global know how, best practices, domain knowledge and technology — making them more efficient, competitive, transparent and among the most respected institutions globally.

The Company, as a part of its strategy, divests its stake in its ventures to key partners that can help propel the growth of its ventures to the next level. It plans to invest the proceeds from the same in organic and other growth opportunities including green field exchanges and ecosystem infrastructure ventures such as NSEL (National Spot Exchange Ltd) and NBHC (National Bulk Handling Corporation Ltd) among others, in local and global markets.

Hinduja TMT

Hinduja TMT Ltd has informed that the Company (proposed to be renamed as Hinduja Ventures Ltd) are surprised to observe certain sections of Media quoting reports that the Company is applying for Unified Telecom Licenses under the current policy announced by the Government. Further, the Company has informed that the same is only under active consideration of the Board and the Board may take a decision soon on the same and the decision will be promptly informed to the Stock Exchanges.

Virat Crane Industries

Virat Crane Industries Ltd has informed that the Company through its subsidiary M/s. Durga Dairy Ltd is in final process of entering into marketing alliance with WALMART, for supplying their Branded Ghee to the Retail Stores of WALMART. The Company's branded ghee, DURGA has made its entry with various other Retail Majors including Reliance Retail.

Hitherto, the company through its subsidiary has entered into strategic marketing alliances with major retail players namely 1. Trinetra 2. Gaint 3. Spencers 4. Foodworld 5. Subhiksha and 6. Metro.

The above mentioned retail chains, are the buyer - stores for Durga Ghee, the Branded
Ghee from Durga Dairy. The Company's Brand Durga is an established brand in the markets spread across Andhra Pradesh, Orissa, Maharashtra & West Bengal, Brand Durga products are very popular in household retail segment.

Nitco Tiles

Nitco Tiles Ltd has informed BSE that Import of marble blocks is in the negative list of imports and can be imported only against a license issued by Directorate General of Foreign Trade (DGFT), Ministry of Commerce. As per the Marble Import policy, licenses are being issued only to eligible marble processing units. For the year 2007-08, the Company has been granted a License to import marble blocks of 15895 tons, which is 11% of the total licenses issued for the year 2007-08 by DGFT.

Swan Mills

With reference to news item appearing in a leading Web Portal "Swan Mills plans realty projects in Mumbai",

Realty in Mumbai:

The Company is developing its two properties in Mumbai in to Residential and Commercial complexes, the project date published are as per the projections except the remark which says, "He said 70 percent of the flat in Sewri project is completed" where as the actual discussion related to the approx 70 % area is sold till date in Sewri project.

Commercial Project in Ahmedabad:

The project is to acquire and redevelop an existing structure in the city of Ahmedabad where total commercial development of around 5 lacs salable sq. ft. is possible. The property has been acquired in the name of a SPV registered in Gujarat. The final projections are under preparation and expected to be finalized by and of this financial year. Once it is finalised, the necessary information shall be submitted to all the concerned authority.

Development in Goa:

The Company has entered in to an MOU to acquire approx 100 acre land in Goa from private owners to develop Special Sector - IT SEZ. However, the entire project is in the initial stage, once the acquisition process is completed, the Company will have a final projection for the development.

Textile Processing Unit:

The Company has acquired land in Ahmedabad with a plan to put up a Textile Fabric Processing unit. The project is under in house technical feasibility study considering with or without benefit of TUF and in the meanwhile, the Company has approached financial institutes for the necessary financial assistance. It is expected to have the final decision on this activity by and of this year.

Reliance Energy

With reference to the news item appearing in a leading financial daily titled "Reliance Energy in recast mode" Reliance Energy Ltd has clarified that the Company examines from time to time the various business proposals and opportunities and keeps evaluating them with a view to unlocking and creating value for its over 1.5 million shareholders.

Reliance Energy

With reference to the news item appearing in a leading financial daily titled "Reliance Energy in recast mode" Reliance Energy Ltd has clarified that the Company examines from time to time the various business proposals and opportunities and keeps evaluating them with a view to unlocking and creating value for its over 1.5 million shareholders.

Great Eastern Shipping Company

Great Eastern Shipping Company Ltd (GE Shipping) has announced that the Company on September 27, 2007, has delivered its single hull VLCC "Ardeshir H Bhiwandiwalla" to the buyers. The 1992 built 266,955 dwt VLCC was contracted to be sold in June 2007.

With the delivery of this vessel, the Company's current fleet now stands at 47 vessels (14 crude carriers, 19 product carriers, 2 LPG carriers and 12 drybulk carriers) with an average age of 11.5 years aggregating age of 3.24 mn dwt.

Emmsons International

Emmsons International Ltd has informed that the Company has signed an MOU with Dubai based ETA Star Group to form a Joint Venture for Coal Mining operations in Indonesia. The joint venture Company, hence established in Jakarta (Indonesia) under the name of "STAR EMMSONS RESOURCES" is in the process of acquiring coal mines in Kalimantan Province of Indonesia, and hopes to commence in-house production of coal in the coming months.

ETA STAR GROUP, a conglomerate with 4 Billion Dollar turnover, is planning to set up 1200
MW (600 X 2), coal based power plants in South India. This power generation project of ETA
STAR GROUP is estimated to have an investment of over Rs 6000 Crores, and will require over 5 million tons of imported coal.

The J. V. operations under the flagship Company STAR EMMSONS RESOURCES, are an important step of taking forward the plans of leveraging coal supplies for the IPP's through imported coal.

ETA and Emmsons are both trading imported coal from Indonesia, South Africa, China and other African Countries. However, an initiative for acquisition of coal mines, under the present scenario of huge requirements of imported coal in India, is the need of the hour.

The Company is confident that collaboration with a large conglomerate like ETA STAR GROUP will indeed enhance Company's operations and growth plans of global expansions.

Parsvnath Developers

Parsvnath Developers Ltd has announced that in an overwhelming response to the first phase of the launch of Parsvnath Prideasia, the Premium Township of the Company, more than 65% of the units on offer have been booked. 220 units in various categories at this luxurious township situated in the heart of Chandigarh have been booked amounting to a sale of Rs 325 crores approximately.

10% of the 359 units which were made available for booking were reserved for IT / ITES companies. This initiative was specially taken keeping in mind the upcoming IT / ITES / BPO companies in the vicinity of the township and the place seeing the interest of many professionals to reside in the city which is strategically located in Rajiv Gandhi Chandigarh Technology Park.

The Township has been witnessing a sea of visitors since its launch at the beginning of the month. Even the limited edition 5 bedroom Penthouses and Exclusive Villas have witnessed tremendous response. The exquisitely designed 123 acres luxurious township providing for aristocratic living amidst Sukhna lake, golf course and in the backdrop of Shivalik Range is an integral part of the Rajiv Gandhi Chandigarn Technology Park which is fast becoming the most attractive hub for investments, job creation and education.

According to Mr. Pradeep Jain, Chairman of the Company, "We are quite satisfied with the bookings that we have received in the first phase. The response and acceptance shown towards the new concept introduced is quite encouraging. The booking figures for the Hi end apartments and Villas are also very forthcoming."

"This is the first time that we have introduced many new concepts and amenities in the township that are synonymous with luxurious and premium lifestyle. The aspiration to own such an address is growing gradually and we are willing to wait for this enigma to grow," Mr. Pradeep Jain added.

Parsvnath PRIDEASIA is a joint venture between the Company and Chandigarh Housing Board. The Project has a saleable residential area of 38.5 lakh sq ft, a commercial area of 2.7 lakh sq ft. and a club, Sports centre and a water sports complex of 2 lakh sq. ft.

Omaxe Ltd

Omaxe Ltd has informed that on September 25, 2007, the Company has allotted 100 Secured Non Convertible Debentures of Rs 1 Cr. each (Series H) amounting to Rs 100 Crores to LIC Mutual Fund (Dist No. 601-700) on Private placement basis.

The Company has further informed BSE that 100 nos. Secured Non Convertible Debentures of Rs 1 Cr. each (Series F) amounting to Rs 100 Crores issued to Axis Bank Ltd has been listed on the Exchange on September 26, 2007.

Sun Pharmaceutical Industries

Sun Pharmaceutical Industries Ltd has informed about the Press Release of Caraco Pharmaceutical Laboratories Ltd, i.e. Company's U. S. subsidiary company dated September 26, 2007, as follows :

"Caraco Pharmaceutical Laboratories, Ltd, (Amex: CPD) on September 26, 2007 has announced that the US Food and Drug Administration (FDA) has granted final approval for the Company's Abbreviated New Drug Application (ANDA) for Methimazole Tablets USP, 5 mg and 10 mg (Methimazole).

Methimazole is indicated in the medical treatment of hyperthyroidism. Caraco's Methimazole is therapeutically equivalent to the FDA reference listed drug (RLD) listed in the Orange Book, Methimazole Tablets USP, 5 mg and 10 mg, respectively. According to IMS Data, for the twelve months ended June 2007, Methimazole had annual sales of approximately $21 million.

Daniel H. Movens, Caraco's Chief Executive Officer, said, "We are pleased to receive this approval from the FDA. This marks the third approval in the last 30 days and the sixth approval this quarter. This is in addition to the two tentative approvals granted by the FDA during the period. One of the main driver's of our growth is to continue to expand and strengthen our product portfolio. This will bring our total product selection to 41
different products represented by 86 various strengths."

Detroit-based Caraco Pharmaceutical Laboratories Ltd, develops, manufactures, markets and distributes generic and private-label pharmaceuticals to the nation's largest wholesalers, distributors, drugstore chains and managed care providers."

Satyam Computer Services Ltd

Satyam Computer Services Ltd on September 27, 2007, has announced that the launch of a new solutions center in Brisbane's Central Business District. The facility will support Queensland-based clients across various IT platforms with an emphasis on enterprise application-based solutions. The facility reflects the Company's commitment to the Australian market (the Company has development centers in Melbourne and recently launched a regional solutions hub in North Sydney adding up to over 7,500 square meters) as well as its continuous efforts to bolster its Virtual Global Delivery Model.

B. Rama Raju, the Company's co-founder and managing director, officially opened the new facility at a ceremony attended by several senior Satyam clients, and officiated by Anita Nayar, India’s Consul General.

"Satyam is already well established in Australia and today's announcement reinforces our ongoing commitment to collaborating with customers-wherever they need us-to transform their organizations," Raju said. "The Brisbane facility will generate world class ICT solutions and offer the same expertise and project management capabilities as our other solution centers across the globe. Moreover, it will enable Satyam to meet specific regional requirements of our Queensland-based clients and help them excel in a competitive national business environment. It clearly demonstrates our willingness to adjust our delivery models to align with our customers needs."

The Brisbane development center will serve local government, finance, and insurance clients, while addressing other sectors, including mining. In addition, a significant proportion of Satyam's Australian development will also take place at the new facility, primarily the development of future enterprise applications for both Australian and multinational clients. The center currently employs 40 professionals and expects to employ another 50 professionals in the near future.

Today, the Company has a diverse workforce of over 1200 associates serving Australia out of which over 800 are based in Australia. The Company has laid major emphasis on local employment generation and today over 42% of associates in Australia are local nationals. Apart from hiring experienced local professionals the Company is working closely with Australian Computer Society (ACS) to foster interest back in IT amongst Australian youth. Towards this initiative the Company has offered scholarships to about 100 associates; many of the university students are already enjoying the benefits of this scholarship and are currently getting trained in India to the same exact standards and training that the Company's Indian engineers go through in the Company's campuses. These young graduates after their training will come and form part of Satyam's Australia’s team. Some of these engineers who attended training in India last year are already working with its clients in Australia.

ABG Shipyard Ltd

ABG Shipyard Ltd has informed that the Company concludes the order for construction of 12 Handysize bulk carriers of 35000 DWT each from M/s Bereederungsgesellschaft H Vogemann GmbH & Co. KG, Hamburg, Germany for approximately US 360 Million (Rs 1439 Crores Approx). With this order, Company's aggregate order book now stands at Rs 7121 Crores.

The Company and Vogemann were in negotiations for some time through Ship Broking firm M/s Olivier Felter, Germany. This is one of the largest order bagged by ABC and first of its kind from a German Shipping Company. This order was signed on July 03, 2007 and financial closure got concluded now.

Mr. Rishi Agarwal, MD of the Company said "This is a path breaking order and we at ABG are proud to have won this contract against stiff international competition."

Mr. Udo Wiese, Managing Director of M/s Vogemann group commented that with ABG they have joined forces with a first class shipyard. Not least because of excellent cooperation and their expertise we are already considering further new building projects with our friends from ABG.

M/s H Vogemann, established in Hamburg since 1886 currently controls a modern young drybulk fleet of 6 Capsize, 7 Panamax and 6 Handysize vessels and new building order placed on Namura Shipyard, Japan, GSI in China and now with ABG Shipyard in India.

General information about the vessels is as under:

1. Order for - Construction of 12 vessels of 35,000 DWT.

2. Value of the Vessel - US $ 360 million (Rs 1439 crores)

Following this order the order book position of the Company, as on date, stands at about Rs 7121 Crores.

i-flex Solutions

i-flex Solutions Ltd, on September 27, 2007 has announced that Old Mutual Finance (Pty) Ltd, a wholly owned subsidiary of Old Mutual Group has implemented its Daybreak Lending Suite.

Company was required to complete the implementation of Daybreak in a short period of three months because Old Mutual needed to be compliant with South Africa's National Credit Act (that came into force on June 01, 2007). The act seeks to improve transparency in financial transactions, requires lenders to disclose all conditions attached to credit transactions as well as sets caps on interest rates. Old Mutual satisfied itself that Daybreak would meet all the requirements of the Act, hence the decision to choose Daybreak.

Speaking on the implementation, Hennie Vermaas, Business Unit Manager for Old Mutual Finance (Pty) Ltd, South Africa said, "It was indeed a daybreak for Old Mutual Finance when we went live on schedule with the lending platform from i-flex that enabled us to comply to South Africa's National Credit Act of 2007. i-flex solutions' track record of rapid implementations in various parts of the world was an important factor in our decision to choose the product."

"We are happy that we could help Old Mutual Finance meet the tough deadline that they had before them. We are also delighted with the momentum that our lending solutions are gaining in the market place," said Joseph John, Executive Vice President, Banking Products, i-flex solutions.

Lakshmi Overseas Industries

Lakshmi Overseas Industries Ltd has informed about the status of projects being undertaken by the Company and related developments, as follows:

(i) With the commissioning of new 120 MT per hour (3 units, each of 40MT / hour) state of the art, fully automated, PLC fitted paddy processing plant meeting all the International standards, the installed capacity of the plant has been raised to 1.35 Million MT of paddy per annum. The Company's automatic packaging unit for the retail market products with ultra modern facilities has also been commissioned.

(ii) The Company will procure at least one million MT of paddy during the procurement season in the current financial year. The procurement process has already been started and the Company has made adequate arrangements, including opening of new procurement centres in various districts, for smooth operations. Proper storage and maintenance techniques of the entire stocks have been used for the first time at the Company's newly acquired land adjoining the factory. Additionally, the Company has also rented godowns of Central Warehousing Corporation and Punjab Warehousing Corporation at various locations.

(iii) Government of Punjab had granted exemption to the Company from the payment of 4% Market Fees / Mandi Fee / Rural Development Fee as leviable under the Punjab Agricultural Produce Markets Act, 1961 and the Rules framed there under, on the non-FCI grade paddy purchased by the Company for the 10 years. This was granted due to biomass power plant of the Company. The said exemption has come into effect from the current procurement season, which will greatly benefit the company in boosting its profitability.

(iv) The Company has started export of non-basmati Indian long grain rice and intends to achieve exports turnover of Rs 1000 million (approx) in the current financial year for which it has export orders in hand. The Company has found acceptance of the quality of its products in the overseas markets. The Company's export will not attract any taxes (VAT, market fee etc.), which will greatly benefit the Company in boosting its profitability.

(v) The Company has introduced premium quality, long grain non-basmati rice in the Indian market under the brand "Lakshmi Foods" with affordable price range of Rs 20-22 per kg. This is high quality low priced product comparable to Sharbati and other premium varieties being sold at Rs 30 - Rs 32 per kg.

(vi) The Company's 1st Biomass based power plant is in completion stage and would soon commence its commercial production using 100% own fuel. It will be India's largest biomass power plant. Punjab State Electricity Board has already laid down transmission lines. Income from power would be tax-free and earn carbon credits revenue under Kyoto Protocol. Formal inauguration of the power plant as well as the new processing plants has been scheduled on December 01, 2007.

Subhash Projects & Marketing Ltd

Subhash Projects & Marketing Ltd has announced that the Company has bagged consolidated orders worth Rs 353.60 crores sustaining high growth in all its core performance sectors viz. water, power, and environment. The orders secured includes three water related projects from the Delhi Jal Board and PHED Jaipur, and two rural electrification projects from National Hydroelectric Power Corporation Ltd and one order for sewage treatment plant from the Nasik Municipal Corporation. The completion period for the all orders is between 14-21 months.

Following are the details on the various orders bagged:

Water:

- The combined value of projects from Delhi Jal Board (DJB) is Rs 133.99 crores.
- The value of the Japanese Bank of International Cooperation (JBIC) funded PHED, Jaipur order is Rs 99.63 crores.

Power:

- Continuing to rid on the rural electrification wave, the Company will be implementing rural electrification in the Ganjam and Gajpati districts of Orissa through projects values of Rs 49.36 crores and Rs 31.8 crores respectively.

Environmental engineering:

- Consolidating on its experience and expertise in the environmental engineering segment, the Company has bagged a project from the Nashik Municipal Corporation for turnkey solutions of a 70 MLD sewage treatment plant at Agar Takali with a project value of Rs 38.82 crore

"Water management, environment and rural electrification are our core competencies and Company intend growing at a rapid pace in these segments in the next few years. These new projects, moreover, will help improving our bottom lines substantially in the next 3 quarters of the current fiscal," commented Mr. Subhash Sethi, Vice Chairman of the Company.

The scope of work for the Nashik Municipal Corporation includes designing, constructing, supply, erection, testing, commissioning, start up and performance run for the sewage treatment plant and sewage pumping station, followed by 5 years of operations & maintenance. The funding of this project is through JNNURM launched by the government in 2005.

Sterlite Optical Technologies Ltd

Sterlite Optical Technologies Ltd has announced the launch of its range of Al-59 Alloy Power Transmission Conductors compliant with the Swedish Standard SS241814; suited for high power transfer. The Company has recently executed supplies valued at INR 280 Million (US$ 7 Million) of these specialized conductors to Sweden.

Reinforced' (ACSR), ACSR conductors are limited by a maximum current carrying capacity of 838 Amperes. The material of construction of Al-59 Alloy Conductors overcomes this limitation enabling Al-59 Alloy Conductors to transfer upto 1307 Amperes of current and evacuate upto 1405 MW of power (56% higher than ACSR Conductors). Additionally, Al-59 Alloy Conductors have 9% better 'Strength to Weight ratio' & 8% lower sag compared with ASCR conductors which enables effective optimization of lower designs and future-proofing of the grid.

Says Mr. Pravin Agarwal - Director of the Company "In view of the National Power Grid being created in India, we believe Al-59 Alloy Conductors would have a special significance while designing transmission line network, as the properties of these conductors enable superior power evacuation while optimizing the cost of the entire grid. We are glad to introduce a superior technology to the Indian Industry that has been widely proven in Europe."

The Company is significant contributor to the global power sector with a complete range of power transmission conductors at Extra High Voltage (400kV-800kV), High Voltage (66kV - 220kV) and power distribution conductors (11kv- 33kv). The Company has currently about 3% global market share for Power Transmission Conductors and these products have been sold in 38 countries across Africa, Middle East, Asia & Europe. The Company currently supplies about 27% of India's total demand for power transmission & distribution conductors.

Suzlon Energy Ltd

Suzlon Energy Ltd has informed that the Company has made a breakthrough into the Turkish wind energy market with an order of 31.5 MW of wind turbine capacity. The contract with Ayen Enerji Co. Inc. will be supplied through 15 units of Suzlon's S88 - 2.1 MW turbines.

Prime Focus Ltd

Prime Focus Ltd has informed that the Company has executed a term sheet with UTV Software Communications Ltd, wherein the Company has agreed to acquire entire Post Production business ("Business") including all related equipments and business contracts from UTV Software Communications Ltd. In addition, UTV Software Communications Ltd has also agreed to assign / transfer all rights, title, ownership and usage of the brand, mark and related intellectual property right in respect of the brand "USL" in the entire world in perpetuity in favor of the Company. The aforesaid is subject to all regulatory approvals and other approvals.

Lupin

Lupin Ltd, on September 27, 2007 has announced that it has acquired Rubamin Laboratories Ltd (RLL), a part of the Rubamin group. The pharmaceutical business of Rubamin group was operated through its subsidiary RLL, largely engaged in the manufacture of advanced intermediates for APIs under Contract Research And Manufacturing (CRAMS) model.

RLL has over a decade of experience in manufacturing advanced intermediates for APIs. RLL today has capabilities to participate in the value chain from drug development to commercial production of advanced intermediates for APIs. RLL has built a strong customer base and with Company's strengths will be in a better position to support the global pharmaceutical industry.

Dr. Desh Bandhu Gupta, Chairman of the Company said, "We are delighted at this acquisition. It enables us to step up our strategic initiative in the CRAMS segment. We have a proven track record of achieving global position in every therapy that we have entered at intermediate and API level. We are looking forward to replicate our success in this field as well."

Mold Tek Technologies

Mold Tek Technologies Ltd has informed that the members at the 23rd Annual General Meeting (AGM) of the Company held on September 26, 2007, inter alia, have considered and approved 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 Auditors and Directors Report thereon.

2. Declaration of Dividend @ 20% for the year ended March 31, 2007.

3. Re-appointment of Mrs. J Mythraeyi and Dr. K V Appa Rao, as Directors of the Company, retiring by rotation.

4. Re-appointment of M/s. Praturi & Sriram, Chartered Accountants, as Statutory Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company.

5. Adoption of Special Business as mentioned in Notice of Annual General Meeting in Annual Report of the year 2006-07.

Great Eastern Shipping Company Ltd

Great Eastern Shipping Company Ltd (GE Shipping) has informed that Greatship (India) Ltd (GIL) a wholly owned subsidiary of the Company has taken delivery of a 2005 built modern Platform Supply Vessel (PSV). The PSV now named "Greatship Dipti" was contracted by
GIL in September 2006.

In this regards the Company has issued following Press Release :

"Greatship (India) Ltd (GIL), a wholly owned subsidiary of Great Eastern Shipping
Company Ltd took delivery of a 2005 built modern Platform Supply Vessel (PSV). The
PSV now named "Greatship Dipti" is a state of the art vessel of UT 755 LN design equipped
with DP2 capabilities and was contracted by GIL in September 2006.

With the delivery of "Greatship Dipti", the Company now has a fleet of 3 PSV's in the water. GIL along with its subsidiaries has a new building order book of 2 PSV's, 4 Multipurpose Platform Supply & Support Vessels 8 AHTSV's and a 350 ft Jack up Rig."

HFCL

With reference to the news item appearing in a leading web Portal titled "HFCL in race to set up fibre network for RIL: Sources", Himachal Futuristic Communications Ltd has clarified that the above said news are completely baseless.

Shyam Telecom Ltd

Shyam Telecom Ltd has informed that Shyam Basic Infrastructure Projects Pvt. Ltd., and Shyam Telelink Ltd., are other Group Companies. Shyam Basic Infrastructure Projects Pvt Ltd.(SBIPL), one of the promoters of Shyam Telelink Ltd, presently an unlisted Company, on September 25, 2007 has concluded a 10% sale of equity of Shyam Telelink Ltd in In-Principle for cash consideration of USD 11.4 million (approx Rs 45 crore). Shyam Telelink has an equity base of Rs 455.95 crore. Shyam Telelink, a Unified Access Telecom Service Provider in Rajasthan, has also applied for Unified Access Service Licenses (UASL) for providing telecom services throughout the country.

Sistema will also acquire 51% equity stake in Shyam Telelink subject to FIPB approval and it has a right to increase its equity stake up to 74% in the company. Shyam Telelink, which was earlier a subsidiary of the Company, upon restructuring approved by the court, is directly held by SBIPL and other Shyam group companies and public. Further final documentation, terms and conditions would be finalized over the next 10 days.

NCL Industries

With reference to the news item appearing in a leading financial daily titled " NCL Industries surges on cement order buzz", NCL Industries Ltd has clarified to as follows :

Order from Railways:

It is a fact that the Company has received an order for 1,50,000 MTs of 53 S Grade Ordinary Portland Cement from Railway Board, Ministry of Railways at the rate of Rs 4200/- per MT. In addition to this, the Company received another order for 42000 MTs. of 53 S Grade Ordinary Portland Cement from M/s. Rail Vikas Nigam Ltd at the rate of Rs 4150/- per MT. The delivery of these orders are scheduled to be completed by June / July 2008. These orders were bagged in am open competitive bidding process. The reports on the projected profitability and EPS are in the realm of speculation and the Company does not wish to comment on the same.

Preferential Issue:

There is no proposal at present to make any preferential issue of share to FIIs or otherwise. If and when there is any such proposal, the Company shall intimate the Stock Exchange promptly.

EIH Ltd

EIH Ltd has informed about the following:

"Mr. P R S Oberoi, Chairman of EIH Ltd ("EIH") on September 26, 2007 has announced that EIH had decided to terminate its strategic alliance for marketing and co-branding with Hilton International Co ("Hilton") for the "Trident Hilton" brand in India.

Mr. Oberoi advised that EIH had given notice to Hilton of its decision to take effect from March 31, 2008.

In consequence, the existing "Trident Holton" hotels in Gurgaon, Agra, Jaipur, Udaipur, Bhubaneshwar, Chennai and Cochin will be rebranded "Trident" hotels effective April 01, 2008.

The Hilton Towers in Mumbai will also be rebranded as "Trident Towers" effective April 01, 2008.

Mr. Oberoi said that EIH wished to independently pursue the development of its "Trident" brand in India and could not do so and maintain the Hilton alliance at the same time.

Mr. Oberoi said:

"The outlook for our Trident brand in India is excellent.

We are very confident that our Trident Hotels will continue to expand successfully.

The Trident in Gurgaon has enjoyed a position of market leadership in Delhi from the day it opened.

Our new 440 room Trident located at Bandra Kurla in Mumbai will open in 2008 and is expected to be a market leader in north Mumbai.

We have new Trident hotel projects committed at the new International Airport in Bangalore and at the Hitech City, Hyderabad.

We have a number of opportunities for new Trident hotels in other cities which we are pursuing."

KS Oils Ltd

KS Oils Ltd has informed that the Company has been awarded with following:

1. SEA AWARD (2006-07) "Highest Processor of Rapeseed Oilcake" by The Solvent Extractors’ Association of India on September 21, 2007.

2. SEA AWARD (2006-07) "Second Highest Exporter of Rapeseed Extraction" by The Solvent Extractors' Association of India on September 21, 2007.

3. Mr. Ramesh Chand Garg, Chairman of the Company has been declared "Globoil India Man of the Year 2007".

Opto Circuits India

Opto Circuits India Ltd has informed that the shareholders at the Annual General Meeting (AGM) of the Company held on September 25, 2007, inter alia, have approved the following:

1. Adoption of Audited Financial Results for the year ended March 31, 2007, along with the Reports of the Directors and Auditors thereon.

2. Payment of dividend @ 50%.

3. Re-appointment of Mr. Vinod Ramnani, Mr. Usha Ramani & Mr. Jayesh Patel as Directors.

4. Appointment of M/s. Anand Shenoy and Company, Chartered Accountants as Statutory Auditors.

5. Appointment of Mr. William Walter O'Neill MD as Director of the Company.

6. Increase in the Authorised capital from Rs 65.00 crores to Rs 100.00 crores.

7. Consequent Amendment of Memorandum and articles of Association.

8. Issue of Bonus shares - 1 Bonus Shares for every 2 fully paid shares.

Amara Raja Batteries Stock Split

Amara Raja Batteries Ltd has informed that the Sub—Division and Allotment of Shares Committee at its meeting held on September 26, 2007, has approved the allotment of equity shares with face value of Rs 2/- each to those shareholders whose names appear in the register of members and in the list of beneficial owners provided by the depositories, as on September 26, 2007, the record date fixed for that purpose.

Accentia Technologies

Accentia Technologies Ltd has informed that the Company has procured an order worth USD 3.5 Million from its UK clients for its BPO services.

The order specifications include Health Care Receivables Management Services of the Company, which comprises of complete cycle of documentation / transcription, coding, billing and insurance claims.

The order will get executed over a span of 24 months.

Commenting on the order, Mr. Pradeep Suseela Vismabharan stated that, after acquiring 100% stake in Bangalore based Thunga Software Ltd and majority stake in Asscent Infoserve Ltd., We are trying to increase the scale of our operations at these two companies with the New Order that the Company has procured.

RNRL

With reference to the news item appearing in a leading financial daily titled "RNRL to offer 20% in methane blocks to strategic investor", Reliance Natural Resources Ltd has clarified that the Company examines various proposals from time to time, it receives to unlock and create value for its over 2 million shareholders. The Company has received various proposals both from strategic and financial investors in this direction. The Company is currently examining these options and other options.

DLF Ltd

DLF Ltd has announced its second IT Park in Kolkata. The Company is developing this state of the art, world-class facility on 25 acres of land offering 2.5 million sq.ft. of IT/ITES workspace.

Speaking about this DLF IT Park, Mr. AS Minocha, Chairman DLF Commercial Developers Ltd said, "With a succession of our first fully leased and operational IT Park in Kolkata, we have seen the inclination towards the city froth many IT/ITES Companies and believe that our upcoming IT Park will become an important part of the new IT Corridor at New Town Rajarhat, and at the same time will generate 40,000 jobs, directly or indirectly."

DLF IT Park spells success. It will present an ultramodern integrated Tech City that offers a modem workspace and is fully-equipped to operate any IT/ITES major 24X7. The IT Park space is spread over an area of 25 acres and will offer developed workspace clubbed with serviced apartments, retail and recreational, all set to revolutionize IT workspace in New IT Corridor. Efficiently designed by the renowned architects, it is a ready-built IT workspace to offer unmatched scalable advantages.

This IT Park will involve an investment of Rs 700 crores approx and will be developed in Phases. The first phase of the said development is expected to get operational by the end of this year or early next year. It would cater to all the international and national IT/ITES Companies and will be surely the first choice for IT-ITES Companies in times to come.

The location advantage of DLF IT Park is not found elsewhere in Kolkata. It is located in the new IT corridor of New Town, Rajarhat and in close proximity to key residential areas and Salt Lake. The project is just 10 minutes drive from CBD and Airport.

Over the past decade DLF properties have emerged as the preferred destination for both Indian as well as multinational conglomerates apart from leading IT/ITES firms due to its cost effective office space and best in class infrastructure. DLF is also responsible for triggering the corporate shift from Delhi to Gurgaon in 1990's based on the "walk to work" culture. This culture implied that corporates could now co-locate their offices and residential places in order to save time in commuting.

ABB Ltd

ABB Ltd has announced that ABB India has won a Rupees 933 million (93.3 crore) order from KHD Humboldt Wedag GmbH, Germany, to provide a turnkey electrics and automation solution for a 5000 TPD (tonnes per day) capacity green-field cement plant at Katrana in Jordan. The plant is being set up by the Al Katrana Cement Company LLC, Jordan (AKCC), a group Company of Arabian Cement Co. Saudi Arabia. The project is expected to be completed by mid 2009.

The scope of the project encompasses design, engineering, supply, erection and commissioning of the complete electrics and automation systems. The package will include low and high voltage motors, electronic drives, intelligent switchgear, HT & LT capacitors and distribution transformers. ABB will also provide control and automation for the Robot Lab at the plant, being established to enable sample analysis for quality improvement.

"ABB's proven power and automation technologies will help bring significant energy efficiency, facilitate productivity and sustain quality standards at the plant", said Biplab Majumder, Country Manager ABB India, commenting on the order.

"We have worked closely with the customer as a single window , turnkey solution partner. Our focus on providing value added user-friendly technologies like lab automation including robots and expert optimiser will go a long way in increasing operational efficiency and productivity of the plant", added N Ravi, Head-Process Automation division, ABB India.

Glenmark Pharmaceuticals

Glenmark Pharmaceuticals Ltd has announced that the Company has received approval from MHRA of UK for its state of the art semi-solids (ointments & creams) manufacturing plant at Baddi, Himachal Pradesh. This is the 3rd of the Company's manufacturing plants to have been approved for GMP by the UK regulatory agency - MHRA. This will enable the Company's foray into supply of creams and ointments in Europe soon. The Baddi plant had already received GMP approval from TPD, Canada, and is well on course to receiving USFDA approval in the near future, which would enable the Company to enter the niche segment of semi-solid dosages in most of the regulated markets of the world.

Speaking, on this development Mr. Glenn Saldanha, CEO & MD, of the Company said, "The approval from MHRA, UK will provide further impetus to our current expansion efforts in the European region. Our plant at Baddi has been built to the highest international standards and has been producing batches for filing in Europe and the US. Glenmark has been constantly upgrading its manufacturing facilities to efficiently meet the anticipated demands of the global markets and we look forward to the US FDA approval for Baddi as the next milestone."

The Company's facility at Baddi is fully commissioned with more than Rs 2300 Mn (>US$52Mn) worth of production coming from this facility. Baddi presently supplies the Company's Indian requirements and has produced batches for filing in the US and Europe. The Company hopes that the Baddi facility will break-even in its first two years of operation.

The Company has its formulations manufacturing facilities in Goa, Nasik, and Baddi in India, in Sao Paulo, Brazil and in Vysoke Myto, Czech Republic. The manufacturing facility Goa is USFDA approved and produces solid orals, external ointments and capsules, for the regulated markets, while the facility at Nasik produces solid orals, liquid orals, external creams, powders and capsules for the regulated markets. The Nasik facility approved by WHO-GMP, ANVISA apart from other international approvals. The manufacturing plant at Sau Paulo, Brazil produces solid orals, semi solid and liquid orals and ANVISA approved, while the facility in Vysoke Myto, Czech Republic produces soild orals and semi-solids and is approved by SUKL, a Czech regulatory authority.

Core Projects & Technologies

Core Projects & Technologies Ltd has informed that the Company has finalized multiple acquisitions in the UK and USA, consolidating its position as a dominant player in the Education Sector. The acquisitions will achieve completion by end of September, 2007.

An IT Company with a strong focus on Education Products and Solutions, the Company will achieve a market leadership position in the Global Education space with these acquisitions. The acquisitions bring with them products and solutions which the Company currently does not have. With the addition of these products, the Company is well on its way to becoming an end-to-end solutions provider in the Global Education space.

In the UK, the Company has signed a Business Transfer Agreement with Azzurri Education and a Heads of Agreement with Hamlet Computer Group.

Azzurri works to increase educational attainment through the innovative use of technology. Its technology solutions help teachers teach and learners learn. Azzurri has over 10 years’ experience of delivering a wide range of technology products, services and educational software to over 1,000 schools in the UK and some 12 local authorities. Azzurri is one of only two Companies in the UK that hold all the four Beeta Accreditations for Interactive Technologies, Network Installation, Internet Safety and Laptops, together with a strong portfolio of recognised industry accreditations.

The second acquisition in the UK, the Hamlet Computer Group, was founded in 1973 and has a wealth of experience in the provision of high quality I.T. Systems to high profile organisations around the world. Hamlet's clients include National Examinations Authorities in the UK, seven countries in Africa and three countries in the Caribbean.

In the USA, the Company has acquired the global businesses of KC Management Group and its subsidiaries,. KC Management Group is one of the top US Education Management Companies who are key trusted advisors to many states and local school districts. KCMG currently provides services to School Systems in the states of 1) California, 2) Illinois, 3) Minnesota, 4) Florida,5) Georgia, 6) South Carolina, 7) Tennessee, 8) Texas, 9) Massachusetts, 10) Ohio. KCMG serves over 2500 schools and over 1.6 million school students in these states. The KC Management Group (KCMG) is a trusted advisor to many education and Government entities providing a full spectrum of services in system integration, implementation of Student Information system, Curriculum systems, Special Education systems, business consulting, Information Technology, Quality Assurance, and Organizational Development.

The Acquisition of KCMG is a strategic fit as it provides the Company with the right blend of expertise in management, processes, and best practices for its current and future customers.

The above acquisitions will add more than a dozen products to the Company's existing repertoire of Education products. These include EdPortal™, a comprehensive systems integration solution meeting the needs of today's school districts; Edmastery™, a complete web-based item banking, assessment administration, and standard-based reporting solution; EdOps4™, a web-based operations management solution; EdMiner™ an easy to learn student performance solution for making data-driven solutions; EdFunds™, an online e-rate tool for managing request, awards, and e-rate funding; EdAcademy™, a powerful online professional development toolset; TALMOS Primary, which helps teachers deliver exciting lessons, share lesson resources and evaluate lesson effectiveness; TALMOS Attendance, a sophisticated pupil and lesson registration system designed to ease teacher workload raise lesson attendance; TALMOS Gateway, a flexible, web-based CMS tool that allows schools to manage and update their own websites, TALMOS Classroom Manager and TALMOS Classroom Filter, practical tools to assist teachers in controlling the class and classroom, TALMOS Guardian acts as a comprehensive safety net across all applications, including chat rooms and email; FAIM - the most comprehensive, reliable and cost effective exams management system available to assessment & qualifications providers worldwide and is a web-enabled state of the art system that manages ANY type of assessment process and finally, The NFP Series - an integrated Welfare & Financial Management System for charitable organisation and associations in the Not for Profit Sector.

The addition of these products to the Company's existing portfolio of Education Solutions will enable the Company to strengthen its position in the Indian Education Sector. These products incorporate the critical software components required by Administrators and Educators in India to successfully implement Mission Mode programs like the Sarva Siksha Abhiyan (SSA). With time tested and "go to market" products readily available with it, the Company will be in a position to substantially reduce the implementation period of’ programs like the SSA.

On completion, the acquisitions will immediately add USD 45 million annually to the revenues of the Company. All the acquired businesses are operating at 12-15% EDT margins. With the migration of product development to the Company's Global Delivery Center at Mahape, the Company expects to improve these margins to about 20-22%. Revenues will also see a significant increase, since the Company will cross sell all its products to the existing and newly acquired customers. The acquisitions will cost the Company about one times the revenues of the acquired businesses, which will be about USD 45 million. This will be funded out of the FCCB proceeds which the Company had raised in May, 2007.

Marksans Pharma

Marksans Pharma Ltd has informed that the Company has received Certificate of suitability for Ciprofloxacin Hydrochloride drug substance from the European Directorate for the Quality of Medicines and Healthcare (EDQM).

This Certificate is recognized by 35 signatory states of the European Pharmacopoeia Convention and by the European Union. Other Countries have also chosen to recognize them. This Certificate of Suitability can be used by the manufacturers of pharmaceutical products in their applications for marketing authorization to demonstrate the compliance of the drug substance used with the official monograph of European Pharmacopoeia.

With the grant of this Certificate of Suitability for Ciprofloxacin Hydrochloride drug
substance by EDQM, the doors of European markets have opened for access for the
Company's API business. The Company is one of the largest manufacturer of Ciprofloxacin in the world.

It is a significant achievement as the Company is focusing on the Regulated Market for its growth. Apart from this, Company has also filed applications for other drug substances which are under consideration with EDQM.

Asian Electronics

With reference to the news item appearing in a media channel on September 25, 2007 in relation to the agreement between the Company (Asian Electronics Ltd) and Hindustan Petroleum Corporation Ltd ("HPCL") which was executed on September 06, 2007 (the "Agreement"), Asian Electronics Ltd has clarified that the Company has not, directly or indirectly, made any announcement or cause any announcement in any media, in respect of the Agreement or the status of the Agreement since the Agreement executed with HPCL had a confidentiality covenant.

For the sake of clarity and removal of doubts, the Company has to inform that it has executed an agreement with HPCL on September 06, 2007 and the Agreement is valid, binding and subsisting as on date.

Infosys Technologies

Infosys Technologies Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 11, 2007, inter alia, to consider the following:

1. The audited financial results of the Company as per Indian GAAP for the second quarter and half year ending September 30, 2007 (Q2).

2. The audited consolidated financial results of the Company and its subsidiaries as per Indian GAAP for the second quarter and half year ending September 30, 2007.

3. The financial results of the Company as per US GAAP for the second quarter and half year ending September 30, 2007.

4. To consider payment of interim dividend, if any.

Further the Company has informed that, October 19, 2007 has been fixed as the Record Date for the purpose of payment of interim dividend, if any.

Siyaram Silk Mills

Siyaram Silk Mills Ltd has informed that the members of the Company will consider to approve the following Ordinary resolutions by way of Postal Ballot:

1. To sell, lease, transfer or otherwise to dispose off the Company's undertaking engaged in the manufacturing of texturised yarn situated at Plot No. A-31, MIDC, Patalganga, Taluka - Khalapur, District Raigad, Maharashtra, including the leasehold land, building, plant and machineries, accessories, equipments, tools, structures, furniture’s and fittings and office equipments and other sundry items, in favour of any foreign / Indian party(ies)/bank(s) or such other party(ies), on such consideration and on such terms and conditions as the Board may consider fair and reasonable and with effect from such date and in such manner as may be decided by the Board as well as means, method and modes in respect thereof and to finalize and execute all required documents, including agreements, memorandum, deed of assignment / conveyance and other documents with such modifications as may be required from time to time end to do all such acts, deeds, matters and things as may be deemed necessary and / or expedient in its discretion for completion of the transaction as aforesaid the best interest of the Company.

2. To sell, lease, transferor otherwise to dispose off the Company's undertaking engaged in the manufacturing of grey fabric situated at Plot No. D-2/l, MIDC, Taluka - Murbad, District Thane, Maharashtra, including the leasehold land, building, plant and machineries, accessories, equipments, tools, structures, furniture’s and fittings and office equipments and other sundry items, in favour of any foreign / Indian party(ies) / bank(s) or such other party(ies), on such consideration and on such terms and conditions as the Board may consider fair and reasonable and with effect from such date and in such manner as may be decided by the Board as well as means, method and modes in respect thereof and to finalise and execute all required documents, including agreements, memorandum, deed of assignment/ conveyance and other documents with such modifications as may be required from time to time and to do all such acts, deeds, matters and things as may be deemed necessary and / or expedient in its discretion for completion of the transaction as aforesaid in the beat interest of the Company.

The Company has appointed Shri. S C Mantri, Practicing Chartered Accountant, as Scrutinizer for conducting the postal ballot process in fair and transparent manner.

The Postal Ballot form duly completed Should reach the Scrutinizer on or before the close of working hours on October 25, 2007. The Scrutinizer will submit his report to the Chairman of the Company after completion of the scrutiny and the result of the Postal Ballot shall be announced on October 29, 2007.

Indiabulls Real Estate

Indiabulls Real Estate Ltd has informed that the Board of Directors of the Company at its meeting held on the September 25, 2007, has decided to obtain the approval of the Members of the Company through postal ballot pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolutions by Postal Ballot) Rules 2001, in respect of the following matters:

1. Issue of up to 4,30,00,000 fully convertible warrants to the Promoters and Directors of the Company, on a preferential basis for a sum of Rs 2,322 crores, which upon conversion would entitle them to acquire 4,30,00,000 equity shares of face value Rs 2 each at a conversion price of Rs 540 per equity share of the Company, as determined in accordance with SEBI (Disclosure and Investor Protection Guidelines), 2000 for Preferential Issues. Mr. Sameer Gehlaut, Chairman of the Company, will invest Rs 1,080 crores and will be allotted 2 crore warrants. Mr. Rajiv Rattan and Mr. Saurabh Mittal will invest Rs 540 crores each and will be allotted 1 crore warrants each. Further, the two Joint Managing Directors of the Company, Mr. Narendra Gehlaut and Mr. Vipul Bansal will invest Rs 108 crore and Rs 54 crore for allotment of 20 lac and 10 lac warrants respectively.

2. For giving of inter corporate loans and / or guarantees and / or securities and / or making of investments which may exceed the limits stipulated under Section 372A of the Companies Act, 1956.

Citigroup - Educomp Solutions

Citigroup recommends SELL on Educomp

Target price of Rs 2380

Time to temper optimism

Rohit Ferro Tech

Rohit Ferro Tech Ltd has informed that an Extraordinary General Meeting (EGM) of the members of the Company will be held on October 09, 2007, to transact the following business:

1. To issue, offer and allot upto 80,00,000 Convertible Warrants (Warrants), to be convertible at the option of Warrant holder in one or more trenches, within 18 months from its allotment date into 1 fully paid up Equity Share of the Company of face value of Rs 10/- each for cash at an exercise price of Rs 43/- (including premium of Rs 33/-) and to issue fresh Equity Shares on the conversion of the warrants, on such further terms and conditions as may be finalised by the Board of Directors to following persons belonging to Promoter Group and Strategic investors belonging to Non Promoter group:

- Promoter Group:

1. Suresh Kumar Patni: 6,00,000 No of Warrants
2. Sarita Patni: 6,00,000 No of Warrants
3. Rohit Patni: 6,00,000 No of Warrants
4. Ankit Patni: 6,00,000 No of Warrants

- Non Promoter Group:

1. Kampani Finance Ltd: 23,75,000 No of Warrants
2. Foster Capital Ventures Ltd: 23,75,000 No of Warrants
3. Vyttila Steel Pvt Ltd: 5,00,000 No of Warrants
4. Himgiri Tradecom Pvt Ltd: 1,50,000 No of Warrants
5. Preview Commerce Pvt Ltd: 1,00,000 No of Warrants
6. Shree Vardhman Milk Dairy Pvt Ltd: 1,00,000 No of Warrants

2. To increase the Authorized Capital of the Company by Rs 5 Crores i.e. from Rs 40 Crores divided into 4 Crores Equity Shares of Rs 10/ each to Rs 45 Crores divided into 4.50 Crores Equity Shares of Rs. 10 each by substituting the existing Clause V of the Memorandum of Association of the Company with the following:

"The Authorised Share Capital of the Company is Rs 45,00,00,000/- divided into 4,50,00,000 Equity Shares of Rs 10/- each with power to increase and reduce the Capital of the Company and to divide or sub-divide the Shares in the Capital for the time being into several classes and to attach thereto such preferential qualified or special rights, privileges or conditions as may be determined by or in accordance with the Articles of the Company for the time being and to modify or abrogate of any such rights, privileges or conditions in such manner as may be permitted by Act, or provide by the Articles of the Company for the time being

Great Eastern Shipping Company

Great Eastern Shipping Company Ltd (GE Shipping) has informed that the Company took delivery of 147,000 dwt, 2000 built modern double hull Suezmax Tanker. Now named 'Jag Lakshita', the vessel was contracted in June 2007.

The rationale behind the purchase of a modern double hull Suezmax Tanker is to increase and modernize the Crude Tanker fleet. In line with this view, the Company took delivery of another modern double hull Suezmax Tanker 'Jag Lateef' last week.

With the induction of 'Jag Lakshita', the Company's current fleet now stands at 48 vessels (15 crude carriers, 19 product carriers, 2 LPG carriers and 12 drybulk carriers) with an average age of 11.8 years aggregating 3.51 mn dwt.

GHCL

GHCL Ltd has informed that according to the terms and conditions of offering circulars issued for FCCB, the Reset Price of FCCB is fixed USD 3.4813 per shares on September 21, 2007.

Hikal

With reference to the news article appearing in a leading daily titled "Pfizer gets relief on epilepsy drug as US court reverses ruling", Hikal Ltd has clarified that it is neither in the finished formulation business nor does it market finished dosage forms in the US. In addition the Company has consulted its attorneys who have confirmed that the Company has a sound patent situation. Initial communication with its customers indicate that there would be no interruptions for the supply of Gabapentin from the Company and that they are not affected by the recent judgement of the US courts. The Company expect it to be business as usual for the Company and its supply of Gabapentin.

Hindustan Unilever

HSBC Securities and Capital Markets India Pvt Ltd (Manager to the Buyback Offer) on behalf of Hindustan Unilever Ltd (Target Company) has issued this Public Announcement ("PA") to the Shareholders of Target Company, Pursuant to the provision of Regulation 8(1) read with Regulation 15(c) of the Securities & Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended and contains disclosure as specified in Schedule II to these Regulation.

The Target Company announces its intention to buy-back its fully paid-up equity shares of face value of Re 1/- each (Equity Shares) from the existing registered shareholders / beneficial owners of the Equity Shares of Target Company (Buy-back.) through the open market, pursuant to Article 169A of the Articles of Association of the Company and in accordance with Sections 77A, 77AA and 77B of the Companies Act, 1956 (the Act) and the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 (the Buy-back Regulations) at a price not exceeding Rs 230/- per Equity Share (Maximum Offer Price) payable in cash, for an aggregate amount not exceeding Rs 630 Crores (Offer Size) i.e. within 25% of the existing Paid up Equity Share Capital and Free Reserves of the Company as on December 31, 2006 (the date of the last audited accounts).

The maximum number of Equity Shares that can be bought back cannot exceed 55,16,94,024 Equity Shares being 25% of 220,67,76,097 Equity Shares of Re 1/- each. There is no specific minimum number of shares that the Company proposes to Buy-back.

The Company will implement the Buy-back by way of Open Market purchases through the BSE and the NSE using their nationwide electronic trading facilities.

Schedule of activities:

Board Meeting approving Buy-back: July 29, 2007

Shareholders approving Buy-back through postal ballot: September 14, 2007

Date of Commencement of the Buyback: October 03, 2007.

Acceptance of Equity Shares: Within 15 days of the relevant payout date of the Stock Exchange.

Extinguishment of Equity Shares: Within 7 days of acceptance as above.

Last Date of Buyback: September 13, 2008 or when Target Company has completed Buy-back to the extent of Rs 630 Crores under the Buy-back or such other date as may be determined by the Company at anytime even if the maximum limit of Buy-back of shares has not been reached (by giving appropriate notice for such earlier date, if any), whichever is earlier.

NRC Ltd

NRC Ltd has informed about the following:

1. The Company had issued and privately placed Zero Coupon Debentures to LIC. The Company has defaulted in redemption of debentures to the extent of Rs 43,40,000 and in payment of interest of Rs 1,62,304/- as on August 31, 2007.

2. The Company had privately placed Zero Coupon Non-Convertible Debentures with IIBI. The Company has defaulted in redemption of Debentures to the extent of Rs 1,55,87,000 and not paid interest of Rs 5,82,911/- as on August 31, 2007.

Hexaware Technologies Ltd

Hexaware Technologies Ltd on September 25, 2007 has announced that it has been positioned by Gartner Inc. in the niche quadrant for the recently published 'Magic Quadrant for ERP Service Providers, North America 2007' report. The report states, 'Niche players focus on a particular segment of the market, as defined by such characteristics as functional area vertical industry, client size or project complexity. A niche player has invested in more-defined ERP technology skills.'

According to Gartner, the Magic Quadrant for ERP Service Providers, North America, 2007, analyzes the market for ERP solution implementation services. The relative positioning of vendors in this Magic Quadrant is based on factors determined by Gartner as relevant to this market.

"The consolidated ERP market is projected to grow by 6.3% through 2010 generating revenues of over 32 bn $. we are now increasing our breadth of capabilities to address a larger number of core ERP domains along with servicing new vertical segments," said Atul Nishar, Executive Chairman, of the Company, adding, "Our focused offerings in targeted segments are being valued by our clients. Additionally our positioning in the Niche Players quadrant corroborates our potential in our areas of operation."

The Company currently has ERP expertise in the PeopleSoft, SAP, Oracle, Siebel and Microsoft domains. The number of clients in the ERP space grew by 38% in the first half of 2007 to take the total to 69 clients. In the quarter ending June 30, 2007, 32.7% of revenues were generated from the ERP domain. Recently, the Company was also positioned in the Niche Players Quadrant for North American Offshore Applications Services 2007 Magic Quadrant.

Sharon Bio Medicine

Sharon Bio Medicine Ltd has informed about the following latest developments in the Company:

1. Preliminary Plant Audit for getting UK-MHRA approval for Formulation Plant at Dehradoon in Uttrakhand starts. This will benefit to Company to market it Plant / Products in United Kingdom, European Union, Australia and New Zealand.

2. The Company has signed two confidential Agreements, one with U.K. base Company and another with German Company in respect of Research and Development, Supply, Manufacturing and / or distribution of Active Pharmaceutical Ingredients and / or Pharmaceutical products in future.

Cinemax India Ltd

Cinemax India Ltd has informed that on September 26, 2007 the Company will be launching its three screen multiplex situated at Angel Prime Mall, Sector No. 11, Huda, Panipat, Haryana. The multiplex chain will be open to the audiences with the block buster movies like Chak De, Dhamaal and Dhol.

This Multiplex is having capacity of 720 seats in total with 10-20 recliner seats in each theatre. The three screens multiplex will offer patrons out of this world experience "Cinemaxperience".

With this Cinemax chain will have in total 14 theatre properties, 42 screens and 11748 seats operational.

Jain Irrigation Systems

Jain Irrigation Systems Ltd has informed that the Board of Directors of the Company at its meeting held on September 25, 2007, has decided to convene an Extra Ordinary General Meeting of the Company on October 19, 2007, for seeking Shareholders approval on the following issues:

a) To offer and allot upto 86,00,000 Equity Warrants at a minimum price as per SEBI(DIP) Guidelines Chapter XIII but not more than Rs 485 each, aggregating upto Rs 417.1 Crores (at maximum price of Rs 485 each) on the preferential basis to select persons (Corporate entities) of Promoters’ Group named in the resolution. The Warrants will entitle the holder thereof to apply for and obtain one Equity Share of Rs 10/- each for cash at premium not exceeding Rs 475 per Share. The option can be exercised by holders within a period of 18 months from date of allotment. The other terms and conditions of the Warrants shall be in compliance with SEBI (DIP) Guidelines 2000 (Chapter XIII) and the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997, applicable.

The proposed allottes are:

1. Cosmos Investment & Trading Pvt Ltd

2. Jalgaon Investments Pvt Ltd

3. Jain Investment & Finance B.V.

LCC Infotech Ltd

LCC Infotech Ltd has informed that the Company has joined hands with West Bengal State Council of Technical Education (WBSCT) to provide certified courses by West Bengal State Council to the students in the following areas:

- Advance Hardware & Networking

- Desktop Publishing

- Financial Accounting

- Computer Fundamentals

The Company will conduct these courses through its training facilities and the students will, receive a government recognized course completion certificates. This will increase the student's prospects for securing jabs in the private and specially the government sector.

As part of its government school and college project in Orissa, the student enrollment in LCC operated 200 schools and 100 colleges in the state of Orissa has reached an all time high with this project being on the largest I.T. training project in private sector far the state of Orissa.

Gayatri Projects

Gayatri Projects Ltd has informed that the Company has secured new order valued Rs 154.01 crores. The entire work has to be executed with in a period of 2 years.

- Name of the Employer: Additional Work in Jhansi, in the State of Uttar Pradesh, UP-4.

- Name of the Work: East - West Corridor project: Rehabilitation and upgrading of KM 143.600 to KM 170.000 of NH-25 in the State of Uttar Pradesh - Package EW - II (UP-4).

- Value of Work (Rs in crores): 154.01

The current order book strength of the Company stands at Rs 3,450 crore. The Company, as ISO 9001-2000 certified Company, is among India's fastest growing construction Companies known for its in-securing model driven by professional teams and unique equipment bank.

Sir Shadi Lal Enterprises

Sir Shadi Lal Enterprises Ltd has informed that the Company had entered into a business transfer agreement dated October 24, 2006 with M/s. Monnet Sugar Ltd, a public limited Company incorporated under the Companies Act, 1956 and having its registered office at Raipur-Chattisgarh ("Monnet"), for the acquisition of a sugar mill of the seller at Block Unn, district Muzaffarnagar ("Sugar Mill"), as a going concern on as-is-where-is-basis including fixed assets, current assets, current liabilities, goodwill together with all other related rights, cane area, licenses and permissions, subject to the fulfillment of certain conditions contained therein.

Further the Company has informed that, the Company has acquired the Sugar Mill, as a going concern on as-is-where-is-basis, with effect from the closing of business hours on September 24, 2007

Panacea Biotec

Panacea Biotec Ltd has informed that the Company has inaugurated its Greenfield construction Vaccine Formulation Plant (VFP) in Baddi, Himachal Pradesh. The plant has been commissioned with several filling lines for bacterial and viral vaccines complying with WHO, cGMP norms for liquid Vaccines in pre-filled syringes, liquid & lyophilized Vaccines in vials. The total production capacity of this facility is one billion doses per annum.

The Company has also unveiled its new Corporate Identity on the occasion and the new identity displays a pole star and tag-line-Innovation In Support of Life.

In this regard the Company has issued the following Press Release:

Panacea Biotec inaugurated its Greenfield construction Vaccine Formulation plant (VFP) in Baddi - Himachal Pradesh. The plant has been commissioned with several filling lines for bacterial and viral vaccines complying with WHO, cGMP norms for liquid Vaccines in pre-filled syringes, liquid & lyophilized Vaccines in vials. The total production capacity of this facility is one billion doses per annum. The plant was inaugurated by Company Chairman, Mr. Soshil Kumar Jain.

"The new world class facility has been designed, constructed, and approved for the production of filling lines of bacterial and vital combination vaccines. The unit will increase our production capacity of vaccines substantially in scale and size. It would significantly improve our market presence globally and augment our plans to become a global leader in this field." said Mr. Soshil Kumar Jain, on the occassion.

The three-story production block is spread over approx. 2800 M2 construction area at each floor. The production floor has non-metallic Modular Panels for partitioning in the critical area having walk able ceiling for easy maintenance of supply ends for utilities, clean air and lighting system. The plant also has a two-story block of Warehouse-cum-Cold Storage facility admeasuring approx. 2500 M2 on each floor.

Panacea Biotec also unveiled its new Corporate Identity on the occasion. The new identity which displays a pole star and tag-line- Innovation In Support Of Life, has been created by a leading designing agency. Speaking about the new identity, Mr. Rajesh Jain, Joint Managing Director said, "We have traveled a long way and after having established ourselves as a leading, research based, healthcare Company, we now aspire to become a global organization. We aspire to create an innovative, world class healthcare Company, to be respected and quoted for its values, culture and success. This needed a different perception about the Company and here we are with our new identity."

The Annual Day is being celebrated with full joy and enthusiasm in Panacea Biotec. The employees of the facility entertain the invitees from the Company and guests from outside through a Talent Show, facility tour and exhibition. Last year the Annual Day was celebrated at the inauguration of Laksh, New Chemical Entity R&D Centre at Mohali.

Gremach Infrastructure Equipments & Projects

Gremach Infrastructure Equipments & Projects Ltd has announced that the Company has taken 75% controlling stake in 11 Coal mine licenses in Mozambique having an aggregate 13,520 hectares (appx. 13,52,00,000 sq. mts) in prime region of Moatize. This region falls in Karoo basin which is recognized as Prime Hard Coking coal bearing area in Africa. There is a global shortage and crisis of hard coking coal and this will add huge value to the profitability of the Company.

The Company has renamed out of above two licence no. 1165L as GRE Mine no 1 and 1100L as GRE Mine no. 2. The Company is planning to start prospecting of the area in the month of October, 2007 and will be complete by mid 2008. Expected reserves in the above mines are more than 200 million. With this acquisition, the Company has entered into the list of selected club of few Indian Companies like JSW, Tatas and Gujarat NRE Coke which has mines outside India.

These licenses have been purchased form a Mozambique Company viz. Osho Mozambique Coal Mining Limitada having registred office at Maputo.

Mr. Rishi Raj Agarwal, MD of the Company said "These 11 licences are very close to existing Companhia Vale do Rio Doce (CVRD) mines and few of them are having common boundary with CVRD licences where hard prime coking coal has already been found. These strategic acquisitions will make Gremach one of the most important players in prime hard coking coal mine in the world".

"To take advantage of government incentives, many Indian Companies are working bee-line in coal mining business in Mozambique. JSW group, Ispat Industries and Tata Steel have recently made acquisition of coal mines in Mozambique. Tata Steel has acquired 35 percent stake in Australian firm Riversdale Mining Ltd.'s Coal Project in Mozambique for Australian $ 100 million (about $85 million). Companhia Vale do Rio Doce (CVRD), the world's largest iron ore producer is investing a $2 billion in Mozqmbique that may develop the southern hemisphere's biggest mine for the black gold."

The Company's group Company Austral Coke & Projects Ltd. is into manufacturing of Low Ash Met Coke and this acquisition will give raw material security which is a normal practice in Australia where Japanese and Chinese have invested for in-house captive consumption.

Vikash Metal & Power

Vikash Metal & Power Ltd has informed that Waste Heat Recovery based Captive Power Plant of the Company, has been registered under CMD Project with UNFCCC. The Captive Power Plant is based on Waste Heat Recovery module whereby flue gas released by the Sponge Iron kilns is used to generate steam in the boiler thereby replacing fossil fuel for generating power. It will involve reduction of 55,000 Metric Tonnes of CO2 equivalent per annum, which will lead to a substantial revenue inflow by selling C E R credits (Certified emission reduction), which will accrue to the Company for a period of 10 years.

Jai Corp

Jai Corp Ltd has informed that the Board of Directors of the Company at its meeting held on September 24, 2007, has appointed Shri. Anand Jain as an Additional Director of the Company.

Hariyana Ship Breakers

Hariyana Ship Breakers Ltd has informed that the Board of Directors of the Company at its meeting held on September 21, 2007, has postponed the date of 26th Annual General Meeting which was scheduled to be held on September 26, 2007 and is now rescheduled to be held on October 31, 2007. At the said meeting, the Directors had also approved revised audited Financial Results of the Company for the year ended March 31, 2007 after giving effect interalia on the paripassu dividend payable to all the shareholders including those shareholders who are allotted equity shares pursuant to the Scheme of Amalgamation of M/s. Hariyana Machinery Exports Pvt Ltd and M/s. Hariyana Fashions Pvt Ltd with the Company as sanctioned by the Hon'ble High Court of Bombay vide its order dated January 12, 2007 and becoming effective.

Pfizer Ltd

Pfizer Ltd has announced the following Unaudited results for the quarter ended August 31, 2007:

The Company has posted a net profit of Rs 308.30 million for the quarter ended August 31, 2007 as compared to Rs 280.70 million for the quarter ended August 31, 2006. Total Income (net of excise & sales tax) has increased from Rs 1910.30 million for the quarter ended August 31, 2006 to Rs 1929.80 million for the quarter ended August 31, 2007.

BPCL

With reference to the news item appearing in a leading financial daily titled "BPCL-Premier hits gas in Assam block", Bharat Petroleum Corporation Ltd (BPCL) has clarified that the Company has no knowledge of any find or discovery of gas or oil in its Cachar Exploration Block.

Ankur Drugs & Pharma

Ankur Drugs & Pharma Ltd has informed that pursuant to the order made by the Hon'ble High Court of Judicature at Bombay, a meeting of the Equity Shareholders of the Company will be held on October 08, 2007, for the purpose of considering and if thought fit, approving with or without modification, the arrangement embodied in the Scheme of Amalgamation of Vaibhav Healthcare Pvt Ltd (the "Transferor Company") with the Company (the "Transferee Company / Applicant") and their respective Shareholders & Creditors.

United Spirits

United Spirits Ltd has informed that in accordance with the Offering Circular dated March 24, 2006 of issue of US$100,000,000 2.00 per cent Convertible Bonds due 2011 ("the Bonds"), the Company has received conversion notice in respect of 3,780 Bonds aggregating to US$ 3,780,000 from the bond holder.

The Committee of Directors of the Company at its meeting held on September 24, 2007 has allotted 215,038 equity shares of Rs 10/- each, on conversion of 3,780 Bonds at a conversion price of Rs 781/-per equity share, with the fixed rate of exchange on conversion of Rs 44.43 = US$1.00.

Consequent upon the allotment on conversion of Bonds, the total issued and paid up
equity capital of the Company stands increased to Rs 983,439,690/- divided into
98,343,969 equity shares of Rs 10 each from the present equity capital of Rs 981,289,310/- divided into 98,128,931 equity shares of Rs 10 each.

Hanung Toys & Textiles

Hanung Toys & Textiles Ltd has informed that the Company has signed export order tie-up with a leading US buyer, for exporting Home furnishing to the extent of USD 50 Million (About Rs 200 Crores) to be completed by December 2009. This agreement will bring greater strength and better revenue to the Company.

Further the Company has inform that, the Company has so far signed long term export contracts to the tune of USD 265 Million (About Rs 1060 Crores).

ING Vysya Bank

With reference to the news item appearing in a leading financial daily titled "ING in buy-out talks with Centurion, Kotak", ING Vysya Bank Ltd has clarified that the Bank is not in talks for acquiring its stake either in Centurion Bank of Punjab or Kotak Mahindra Bank.

BAG Films & Media Ltd

BAG Films & Media Ltd has announced that the Ministry of Information and Broadcasting, Government of India has granted the Permission for Uplink and Downlink of forthcoming news and current affairs channels with the name NEWS24 and B1Z24 to M/s. B.A.G. Newsline Network Pvt Ltd, a subsidiary of the Company.

Commenting on the developments Ms. Anurradha Prasad, Managing Director of the Company said "It has always been our Vision to establish ourselves in the Broadcasting arena and this is another milestone towards realizing the visions."

IT People India

IT People India Ltd has informed that the Board of Directors of the Company at its meeting held on September 24, 2007, has approved the acquisition of 100% stake in Marketplace Technologies Pvt Ltd, formerly known as ENC Software Solutions Pvt Ltd., a closely held Company, and the eventual amalgamation of it in to IT People, subject to necessary approvals from shareholders and authorities. The Company has entered into Memorandum of Understanding (MOU) with the promoters (stakeholders) of Marketplace Technologies Pvt Ltd on September 24, 2007.

Ansal Properties & Infrastructure

Ansal Properties & Infrastructure Ltd has informed that the Company has entered into Joint Venture / Strategic Sales as follows:

1. M/s. Pearl Global Ltd, for setting up a Cyber Park on about 8 acres of land on NH-8 at a very strategic location with an expected sales value of about Rs 350 to Rs 400 crores.

2. M/s. Ashiana Retirement Village Ltd, for developing a Group Housing meant for senior citizens, to which about 14 acres of land in its Lucknow Project has been sold.

3. M/s. Globosport India Pvt Ltd whereby they will provide sports infrastructure and coaching facilities at its Lucknow Project and other places, wherein Mr. Mahesh Bhupati and Mr. Gaurav Natekar, renowned tennis players, will be involved.

Ranbaxy Laboratories

Ranbaxy Laboratories Ltd on September 24, 2007 announced that the Company has signed an exclusive in-licensing agreement with Sirtex Medical Pvt Ltd (Sirtex), Australia, to promote and market Sirtex's product, SIR-Spheres®. The product, approved by the US Food and Drug Authority, is used for the treatment of patients with inoperable tumors from primary colorectal cancer that have spread to the liver (Unresectable Metastatic Liver Tumors from Primary Colorectal Cancer).

Commenting on the licensing deal, Mr. Sanjeev Dani, Senior Vice President & Regional Director, Asia & CIS, of the Company, said, "We are pleased to partner with Sirtex, Australia, for this unique, high technology product -SIR Spheres®. We shall work towards creating a productive relationship by complementing each others strengths. The agreement will enable Ranbaxy to further strengthen our position in Oncology Segment"

SIR-Spheres® are biocompatible radio-active micro-spheres that contain yttrium-90 and emit bcta radiation. They are implanted using a syringe and travel via the blood stream, whereupon the spheres are targeted to the tumors within the liver. Once targeted to the tumor, SIR-Spheres irradiate it by a process known as Selective Internal Radiation Therapy (SIRT), leading to the destructs ion of the tumor, whilst most of the normal liver tissue remains relatively unaffected.

SIR-Spheres have been used to treat many hundreds of patients with liver cancer in Australia, USA, Europe, New Zealand and Asia in a variety of clinical trials and general practice.

Hepato-Cellular Cancer (HCC) is fifth most common cancer in the world and fourth leading cause of cancer deaths in the world. Though HCC was rare in Western World and common in Asian Pacific region, there, is worldwide increasing incidence of HCC. In India also there is increasing incidence of HCC. According to 2001 estimates in India, about 12,750 new patients were diagnosed to have HCC. In India, prevalence of HCC is about 5 patients per 100,000 population and men are affected twice as often as women. The incidence is 2.77 males and 1.28 females per 100,000 people. The mean age at diagnosis is between 50-60 years.

Colorectal Cancer (CRC) is one of the most common cancers in the Western Society. The incidence of CRC is rising in India both amongst men and women. Currently the prevalence is close to 4 cases per 100,000 population. For the year 2001, it was estimated that the incidence of colorectal cancer in India would he 18,427 in men and 13,092 in women. This is similar to the number diagnosed annually in the UK. More than 90% of CRC cancer occurs in patients older than 50 years. Obesity, tobacco use, dietary factors, inflammatory bowel disease are sonic of the risk factors associated with CRC.

SIRTeX Medical's principal activities include research, development and commercialization of treatments for liver cancer. The Company was formed in 1997 to acquire and commercialize a portfolio of three technologies relating to the treatment of liver cancer developed by the CRI and Dr Bruce Gray. SIRTeX Medical aims to become the world leader in liver cancer treatment products. The Company believes the unmet demand for effective treatment of liver cancer provides an opportunity for SIRTeX Medical's products, and it will also apply its micro-sphere technology to other diseases where the Company's intellectual property can provide market opportunities.