IOC Q3FY08 Results

Indian Oil Corporation Ltd (IOC) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 20906.90 million for the quarter ended December 31, 2007 as compared to Rs 17913.70 million for the quarter ended December 31, 2006. Total Income has increased from Rs 564381.60 million for the quarter ended December 31, 2006 to Rs 654048.40 million for the quarter ended December 31, 2007.

Mphasis Q3FY08 Results

Mphasis Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 658.60 million for the quarter ended December 31, 2007 as compared to Rs 259.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2737.70 million for the quarter ended December 31, 2006 to Rs 4470.90 million for the quarter ended December 31, 2007.

The Audited Consolidated results are as follows

The Group has posted a net profit after tax of Rs 662.50 million for the quarter ended December 31, 2007 as compared to Rs 480.60 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4447.10 million for the quarter ended December 31, 2006 to Rs 6278.70 million for the quarter ended December 31, 2007.

Container Corporation to issue bonus

Container Corporation of India Ltd has informed that the Board of Directors of the Company at its meeting held on January 30, 2008, inter alia, has transacted the following:

1. Declared an Interim Dividend @ 110% (Rs 11/-) per share for the FY 2007-08.

Further the Company has informed that, February 15, 2008 has been fixed as the Record Date for the purpose of payment of interim dividend.

2. Recommended incorporation of a provision for 'Capitalisation of Profits / Reserves' in the Articles of Association and issue of Bonus Shares in the ratio of 1:1 and increase in Authorised Share Capital from Rs 100 crores to Rs 200 Crores subject to the ratification / approval of shareholders and further approval of Govt. of India as may be required.

Container Corporation Q3FY08 Results

Container Corporation of India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1929.20 million for the quarter ended December 31, 2007 as compared to Rs 1656.40 million for the quarter ended December 31, 2006. Total Income has increased from Rs 7677.10 million for the quarter ended December 31, 2006 to Rs 8848.80 million for the quarter ended December 31, 2007.

Karuturi approves stock split

Karuturi Networks Ltd has informed that the Board of Directors of the Company at its meeting held on January 30, 2008, inter alia, has transacted the following business:

1. It is proposed to split the face value of its Equity Shares from the existing Rs 10/- per share to Rs 1/- Share subject to the approval of the share holders.

2. It is proposed the enhance Board's borrowing powers from the existing Rs 500 crores to Rs 1500 crores keeping in view of its capex plans in the next financial year after obtaining the consent of shareholders.

3. It is decided to float 3 new subsidiaries for undertaking its diverse business interests as under:

(a) Karuturi Floritech P Ltd - for its floriculture division
(b) Karuturi Foods P Ltd - for its food processing division
(c) Karuturi Flower Express Pvt Ltd - for its retail division.

4. It is proposed to drop the word 'Networks' from its name i.e. Karutri Networks Ltd and to retain Karutri Ltd or such other name as may be made available by the Central Government.

5. Mr. Siddhartha K Mukherji and Mr. Satish Caroli are appointed as Directors of the Company.

Hindalco Q3FY08 Results

Hindalco Industries Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 5427 million for the quarter ended December 31, 2007 as compared to Rs 6439 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 47146 million for the quarter ended December 31, 2006 to Rs 46460 million for the quarter ended December 31, 2007.

GMDC bonus issue

Gujarat Mineral Development Corporation Ltd (GMDC) has informed that the Board of Directors of the Company at its meeting held on January 30, 2008, inter alia, has recommended a bonus issue of shares in the ratio of 1:1.

Power Grid Q3FY08 Results

Power Grid Corporation of India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a profit after tax of Rs 3842.80 million for the quarter ended December 31, 2007 as compared to Rs 3372.70 million for the quarter ended December 31, 2006. Total Income has increased from Rs 10048.00 million for the quarter ended December 31, 2006 to Rs 11937.70 million for the quarter ended December 31, 2007.

The figures for the quarter ended December 31, 2006 are Audited.

GMDC Q3FY08 Results

Gujarat Mineral Development Corporation Ltd (GMDC) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 932.513 million for the quarter ended December 31, 2007 as compared to Rs 526.571 million for the quarter ended December 31, 2006. Total Income has increased from Rs 1398.357 million for the quarter ended December 31, 2006 to Rs 2814.851 million for the quarter ended December 31, 2007.

Raymond Q3FY08 Results

Raymond Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 93.60 million for the quarter ended December 31, 2007 where as the same was at Rs 383.70 million for the quarter ended December 31, 2006. Total Income is Rs 3528.40 million for the quarter ended December 31, 2007 where as the same was at Rs 3240.60 million for the quarter ended December 31, 2006.

In view of the divestment of Denim business effective August 01, 2006, figures of the current period are not comparable with corresponding figures of previous period.

Jindal Drilling preferential issue to Citigroup

Jindal Drilling & Industries Ltd has issued the following Press Release:

"Jindal Drilling & Industries Ltd (JDIL), is engaged in the business of offshore oil & gas drilling in India.

JDIL has allotted 12,00,000 equity shares on preferential basis to citigroup at a price of Rs 1,280/- (including premium of Rs 1,270/-) per equity share of Rs 10/- each, aggregating to Rs 153.60 crores. The entire money has been received by the Company, which would be utilized for general corporate purposes including present and future capital expenditure programme, long term working capital requirements and for ongoing and future business commitments / plans of the Company."

EIH Q3FY08 Results

EIH Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 724.00 million for the quarter ended December 31, 2007 as compared to Rs 619.40 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2782.50 million for the quarter ended December 31, 2006 to Rs 3268.50 million for the quarter ended December 31, 2007.

MTNL Q3FY08 Results

Mahanagar Telephone Nigam Ltd (MTNL) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 976.38 million for the quarter ended December 31, 2007 as compared to Rs 2086.02 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 14280.27 million for the quarter ended December 31, 2006 to Rs 13269.14 million for the quarter ended December 31, 2007.

TTK Prestige launches Kitchen Boutique

TTK Prestige Ltd has announced the launch of "Prestige Kitchen Boutique" — an exclusive retail initiative that showcases a gamut of designer modular kitchens. Riding on the success of over 180 Prestige Smart Kitchen retail outlets across 110 cities in India, ‘Prestige Kitchen Boutique’ is’ the second retail format that is being announced by the company.

The Prestige Kitchen Boutique is a complete, end to end kitchen solution store with an appealing ambience & unique modular layout. Currently there are two stores in Bangalore
situated at Koramangala & J P Nagar. The store is equipped with a full-fledged design studio that allows the customer to get a look & feel of each kitchen exclusively.

The Prestige Kitchen boutique offers comprehensive choices of materials, styles, designs, accessories, hardware, electro-domestics and combinations, making every kitchen unique & one of its kind. Each kitchen is unique catering to the individual needs of the customers with efficient space management, styling, finishes, lifestyle and ergonomics best suiting the different needs of Indian kitchen. The Prestige Modular Kitchen range is priced at around Rs One Lakh onwards.

The Company plans to start exclusive Kitchen Boutiques at all major locations in the country beginning with the southern market. Earth boutique will entail an investment to the tune of 50 lakhs & will operate on the franchise model like the Prestige Smart Kitchens. All Prestige Kitchen Boutiques will have a complete back end of designers, carpenters, plumbers, masons and electricians to ensure prompt and quick fulfillment of client's needs.

Commenting on the occasion, Mr. TT Jagannathan, Chairman TTK Group said, "With the increase in economic & realty boom, the market is ripe for modular kitchens & it was a logical step for us to foray into this segment. With this, we are a ‘Total Kitchen Solutions’ Company" the only Company in India to offer the complete suite of services.

Commenting on the occasion, S. Ravichandran, Managing Director, TTK Prestige Ltd,
said "Retail is the hottest sector in the current scenario and since our maiden retail venture — Prestige Smart Kitchen has got tremendous response from consumers & we are confident of turning this into a success story and lay a platform for the company to go to the next level of growth."

NTPC Q3FY08 Results

National Thermal Power Corporation Ltd (NTPC) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 17799 million for the quarter ended December 31, 2007 as compared to Rs 21033 million for the quarter ended December 31, 2006. Total Income has increased from Rs 93110 million for the quarter ended December 31, 2006 to Rs 100932 million for the quarter ended December 31, 2007.

Crompton Greaves Q3FY08 Results

Crompton Greaves Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit from ordinary Activities after tax of Rs 679.00 million for the quarter ended December 31, 2007 as compared to Rs 454.20 million for the quarter ended December 31, 2006. Total Income has increased from Rs 8904.00 million for the quarter ended December 31, 2006 to Rs 10143.60 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit from Ordinary Activities after tax, minority interest and Shares of the profit / (loss) associate companies of Rs 827.10 million for the quarter ended December 31, 2007. Total Income is Rs 18069.40 million for the quarter ended December 31, 2007.

Cummins India Q3FY08 Results

Cummins India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 746.10 million for the quarter ended December 31, 2007 as compared to Rs 628.90 million for the quarter ended December 31, 2006. Total Income has increased from Rs 5029.50 million for the quarter ended December 31, 2006 to Rs 6171.10 million for the quarter ended December 31, 2007.

Sobha Developers Q3FY08 Results

Sobha Developers Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 611 million for the quarter ended December 31, 2007 as compared to Rs 457 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2985 million for the quarter ended December 31, 2006 to Rs 3557 million for the quarter ended December 31, 2007.

The figures for the Quarter ended December 31, 2006 are Audited.

Aditya Birla Nuvo Q3FY08 Results

Aditya Birla Nuvo Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 840.10 million for the quarter ended December 31, 2007 where as the same was at Rs 527.10 million for the quarter ended December 31, 2006. Total Income is Rs 10993.70 million for the quarter ended December 31, 2007 where as the same was at Rs 8831.80 million for the quarter ended December 31, 2006.

The Consolidated Results are as follows:

The Group has posted a net profit (after minority interest) of Rs 301.70 million for the quarter ended December 31, 2007 where as the same was at Rs 553.40 million for the quarter ended December 31, 2006. Total Income is Rs 36788.30 million for the quarter ended December 31, 2007 where as the same was at Rs 23246.20 million for the quarter ended December 31, 2006.

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

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

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

Tata Chemicals Q3FY08 Results

Tata Chemicals Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 1254.80 million for the quarter ended December 31, 2007 as compared to Rs 1167.70 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 13188.10 million for the quarter ended December 31, 2006 to Rs 12365.20 million for the quarter ended December 31, 2007.

The Audited Consolidated results are as follows:

The Group has posted a net profit after tax of Rs 910.90 million for the quarter ended December 31, 2007 as compared to Rs 1558.50 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 17937.00 million for the quarter ended December 31, 2006 to Rs 17126.70 million for the quarter ended December 31, 2007.

The figures for the quarter ended December 31, 2006 are unaudited.

Indusind Q3FY08 Results

Indusind Bank Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 250.40 million for the quarter ended December 31, 2007 as compared to Rs 216.30 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4617.90 million for the quarter ended December 31, 2006 to Rs 5661.30 million for the quarter ended December 31, 2007.

OBC Q3FY08 Results

Oriental Bank of Commerce (OBC) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 1384.80 million for the quarter ended December 31, 2007 as compared to Rs 1824.20 million for the quarter ended December 31, 2006. Total Income has increased from Rs 14467.20 million for the quarter ended December 31, 2006 to Rs 19152.80 million for the quarter ended December 31, 2007.

Mahindra and Mahindra Q3FY08 Results

Mahindra & Mahindra Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted profit after tax of Rs 4051.533 million for the quarter ended December 31, 2007 as compared to Rs 2416.896 million for the quarter ended December 31, 2006. Total Income has increased from Rs 26173.007 million for the quarter ended December 31, 2006 to Rs 29802.558 million for the quarter ended December 31, 2007.

Andhra Bank Q3FY08 Results

Andhra Bank has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 1590.207 million for the quarter ended December 31, 2007 as compared to Rs 1362.799 million for the quarter ended December 31, 2006. Total Income has increased from Rs 9269.214 million for the quarter ended December 31, 2006 to Rs 12333.401 million for the quarter ended December 31, 2007.

Bajaj Auto Q3FY08 Results

Bajaj Auto Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 3268.10 million for the quarter ended December 31, 2007 as compared to Rs 3451.90 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 27291.80 million for the quarter ended December 31, 2006 to Rs 26803.50 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit of Rs 2738.20 million for the quarter ended December 31, 2007 as compared to Rs 3283.50 million for the quarter ended December 31, 2006. Net Sales & Income from operations has decreased from Rs 26960.30 million for the quarter ended December 31, 2006 to Rs 26332.60 million for the quarter ended December 31, 2007.

Aurobindo Pharma Q3FY08 Results

Aurobindo Pharma Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 552.50 million for the quarter ended December 31, 2007 as compared to Rs 601.20 million for the quarter ended December 31, 2006. Total Income has increased from Rs 5118.60 million for the quarter ended December 31, 2006 to Rs 5494.20 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit of Rs 445.70 million for the quarter ended December 31, 2007. Total Income is Rs 5870.80 million for the quarter ended December 31, 2007.

Shipping Corporation Q3FY08 Results

Shipping Corporation of India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1767.80 million for the quarter ended December 31, 2007 as compared to Rs 2266.30 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 11287.40 million for the quarter ended December 31, 2006 to Rs 9811.20 million for the quarter ended December 31, 2007.

IOB Q3FY08 Results

Indian Overseas Bank (IOB) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 3081.846 million for the quarter ended December 31, 2007 as compared to Rs 2467.806 million for the quarter ended December 31, 2006. Total Income has increased from Rs 16080.722 million for the quarter ended December 31, 2006 to Rs 22953.448 million for the quarter ended December 31, 2007.

Sun Pharma Q3FY08 Results

Sun Pharmaceutical Industries Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a profit after tax of Rs 3459.30 million for the quarter ended December 31, 2007 as compared to Rs 1651.30 million for the quarter ended December 31, 2006. Total Income has increased from Rs 6119.70 million for the quarter ended December 31, 2006 to Rs 9603.30 million for the quarter ended December 31, 2007.

The Consolidated Results are as follows

The Group has posted a net profit after minority interest of Rs 3183.50 million for the quarter ended December 31, 2007 as compared to Rs 1988.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 6035.90 million for the quarter ended December 31, 2006 to Rs 8218.80 million for the quarter ended December 31, 2007.

Bank of Baroda Q3FY08 Results

Bank of Baroda has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 5010.50 million for the quarter ended December 31, 2007 as compared to Rs 3291.30 million for the quarter ended December 31, 2006. Total Income has increased from Rs 26681.10 million for the quarter ended December 31, 2006 to Rs 36201.80 million for the quarter ended December 31, 2007.

Sadbhav Engineering wins project

Sadbhav Engineering Ltd has informed that the Company has been awarded the following project / work for contract price of Rs 47.56 crores:

"Removal of all types of material in all kinds of strata by hiring of equipment such as HEMM, Tippers, Drills Dozers, Grader and Water Sprinkler including drilling, excavation, loading, transportation, dumping, spreading, dozing, grading and water sprinkling at specified places as per instruction of Engineer in-charge at Nijay OCM of Wani Area of Western Coalfield Ltd (WCL)".

VSNL Awarded 'ATLANTIC-ACM'

Videsh Sanchar Nigam Ltd (VSNL) has announced that the Company was presented with the "ATLANTIC-ACM Global Wholesale Best-in-Class Data Price" award at the 4th annual Global Wholesale Carrier Excellence Awards on January 14, 2008.

The awards, which were held during the 30th annual Pacific Telecommunications Council (PTC) show in Honolulu, Hawaii, rank all viable carriers on a variety of service and product categories. Winners are derived from hundreds of wholesale customer evaluations of global carriers for the 2008 edition of ATLANTIC-ACM's Global Wholesale Carrier Report Card — the global wholesale industry's principal benchmarking study.

"VSNL is honored to receive this prestigious award," said Vinod Kumar, President of VSNL. "We will continue to offer our customers an advanced portfolio of wholesale data solutions that not only increases efficiency but are also cost-effective."

The awards are based on scores provided by customers in an online survey, open to participation from mid-November through December of 2007. VSNL's award win was based on the following data products: Transport (including Ethernet and Wavelengths), ATM / Frame and IP.

In addition to this award, VSNL was named 'Best Pan-Asian Wholesale Provider' at the 2007 Capacity Magazine Global Wholesale Telecommunications Awards and 'Best Wholesale Provider at the World Telecoms Award in November 2007. ATLANTIC-ACM, a Boston-based research firm, provides strategic counseling and research services to leading business owners, operators and investors around the world

Ashiana Housing bonus record date

Ashiana Housing Ltd has informed that February 22, 2008 has been fixed as the Record Date for the purpose of issue of bonus shares.

Four Soft signs contract with Samudera shipping

Four Soft Ltd (4S) has announced that the Company further strengthens its position as the global leader by signing a contract with Samudera Shipping Line Ltd., a Singapore based Company, recently. Under the terms of the agreement, 4S will implement its shipping software solution-4S iShipping to cater to the Samudera's shipping business.

4S ishipping has rich functionality and integrated modules which will fit Samudera's business processes and requirement. Once implemented, the industry-specific solution will offer a single user interface for Samudera's employees to access and share its operational and financial supply-chain information, allowing for increased visibility of its goods.

Mr. Rakesh Kumar, Vice President — Asia, Four Soft, speaking on the deal, said "Our client realized it was imperative to consolidate its IT operations to stay ahead of the
competition by implementing a single software system, on a single platform to improve its service to customers. 4S iShipping enhances the business intelligence, providing real-time information a visibility of goods, thus lowering the operational costs, whilst providing better information to staff, business partners and customers. It is a great sense of pride to be associated with Samudera Shipping Line, which is one of the top shipping liners in Asia."

Geodesic agreement with Radioio

Geodesic Information Systems Ltd on January 30, 2008 has announced that the Company has signed an agreement with ioWorld Media's www.radioio.com one of the world's largest Internet radio services, to offer access to radioio Internet radio stations as presets on its award-winning Mundu Radio htto://radio.mundu.com/. Now Mundu Radio users can tune into their favorite radioio stations anywhere, anytime with their Mundu Radio enabled mobile phones.

Mundu Radio allows wireless access to thousands of digital Internet radio stations and the broadest array of music and other content available on the Internet. With this agreement, Mundu Radio customers worldwide will gain access to radioio Internet radio stations streaming live 24x7 music in popular genres such as such as Pop, Rock, Jazz, Classical, Oldies, Instrumental and many more.

Radioio.com currently offers over 30 channels of content through its service, and will soon be expanding its service to 60 channels. All radiolO.com channels will be available to Mundu users and are Individually programmed by DJs known as "stream hosts." Channels are available in most common streaming formats, Including MP3, Windows Media, and RealAudio. Radioio has more than a million online listeners tuning in every month.

"Consumers today are increasingly using mobile devices to cater to their music, entertainment and content needs," said Kiran Kulkarni, Managing Director, Geodesic. "We are always looking to deliver new and innovative content to our customers, and expect our Mundu Radio users to really enjoy the high quality mobile music experience and large selection of music as a result of our partnership with radioio."

DLF Q3FY08 Results

DLF Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 6058.40 million for the quarter ended December 31, 2007. Total Revenue for the quarter ended December 31, 2007 is Rs 18125.90 million.

The Consolidated results are as follows:

The Group has posted a net profit of Rs 21449.80 million for the quarter ended December 31, 2007. Total Revenue for the quarter ended December 31, 2007 is Rs 36512.50 million.

Bharti Airtel Q3FY08 Results

Bharti Airtel Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 14198.40 million for the quarter ended December 31, 2007 as compared to Rs 10436.90 million for the quarter ended December 31, 2006. Total Revenue has increased from Rs 47236.80 million for the quarter ended December 31, 2006 to Rs 66825.70 million for the quarter ended December 31, 2007.

The Consolidated results as per Indian Generally Accepted Accounting Principles (IGAAP) are as follows:

The Group has posted a net profit of Rs 14285.60 million for the quarter ended December 31, 2007 as compared to Rs 10333.40 million for the quarter ended December 31, 2006. Total Income has increased from Rs 49281.80 million for the quarter ended December 31, 2006 to Rs 70179.50 million for the quarter ended December 31, 2007.

The Consolidated results as per United States Generally Accepted Accounting Principles (US GAAP) are as follows:

The Group has posted a net profit of Rs 17224.00 million for the quarter ended December 31, 2007 as compared to Rs 12151.30 million for the quarter ended December 31, 2006. Total Revenues has increased from Rs 49129.20 million for the quarter ended December 31, 2006 to Rs 69639.00 million for the quarter ended December 31, 2007.

The figures for the quarter ended December 31, 2006 Consolidated results as per United States Generally Accepted Accounting Principles (US GAAP) are Unaudited.

Sun Pharmaceutical launches generic Protonix Tablets

Sun Pharmaceutical Industries Ltd on January 30, 2008 announced that it has commercially launched generic Pantoprazole Sodium Delayed Release (DR) Tablets, 40 mg, which is AB-rated to Wyeth's Protonix® DR Tablets. Sun's product is being sold in the United States by its marketing partner Caraco Pharmaceutical Laboratories. Sun Pharma had received a USFDA approval for these tablets in Sep 2007. This strength of Pantoprazole Sodium has annual sales of approximately USD 2.3 billion in the US.

Sun's launch was initiated after the December 22, 2007 commercial launch by Teva Pharmaceutical Industries Ltd of generic Pantoprazole Sodium tablet products, and after the January 29, 2008 commercial launch by Wyeth of generic Pantoprazole Sodium tablets product through its designated distributor.

Sun shares a 180-day period or marketing exclusivity with Teva for this product. Sun is currently involved in patent litigation with Wyeth and Altana (now Nycomed) concerning this product in the U.S. District Court for the District of New Jersey. Although no trial date has yet been set, in September 2007, the District Court denied a motion filed by Wyeth and Altana for a preliminary Injunction related to the Sun's Pantoprazole Tablets. Wyeth and Altana have appealed the District Courts decision.

Tata Consultancy Services subsidiary Diligenta wins £100 million BPO contract

Tata Consultancy Services Ltd (TCS) has informedthat Diligenta, a subsidiary of the Company, has won a contract to deliver Business Process Outsourcing services to support Sun Life Financial of Canada UK's (SLF UK) operations. The services, expected to commence in May 2008, are estimated to be worth £100 million (over US$200 million) over the life of the contract.

Diligenta has been working with SLF UK as preferred supplier since October 2007, following a competitive tender which came towards the natural end of SLF UK's existing outsourcing agreement. Diligenta will continue to run the operation in Basingstoke where SLF UK's Head Office is based.

"The deal with SLF UK underlines the strength of TCS's Diligenta strategy, launched in 2006. Our vision was to establish a centre of excellence in the UK to capitalise on the growing BPO trend and to cultivate new opportunities in this sector," said A S Lakshminarayanan, vice-president and country head, TCS UK & Ireland. "With the Sun Life Financial deal, Diligenta is moving into the second phase of its history, expanding its client base and UK market share and we are confident it heralds further growth for Diligenta."

Dillgenta is a UK-based, FSA regulated subsidiary of the Company. Since 2006, Diligenta has provided BPO services for the Pearl Group under a 12-year, £486 million contract to consolidate 11 financial and administrative systems onto a single platform.

Nirma Q3FY08 Results

Nirma Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 641.70 million for the quarter ended December 31, 2007 as compared to Rs 824.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 5611.60 million for the quarter ended December 31, 2006 to Rs 5829.60 million for the quarter ended December 31, 2007.

Dredging Corporation Q3FY08 Results

Dredging Corporation of India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 148.90 million for the quarter ended December 31, 2007 as compared to Rs 228.90 million for the quarter ended December 31, 2006. Total Income has increased from Rs 1424.50 million for the quarter ended December 31, 2006 to Rs 1572.50 million for the quarter ended December 31, 2007.

Tata Power Q3FY08 Results

Tata Power Company Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax and statutory appropriations of Rs 1972.80 million for the quarter ended December 31, 2007 as compared to Rs 2799.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 12457.00 million for the quarter ended December 31, 2006 to Rs 14608.40 million for the quarter ended December 31, 2007.

JB Chemicals Q3FY08 Results

JB Chemicals & Pharmaceuticals Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a profit after tax of Rs 106.708 million for the quarter ended December 31, 2007 as compared to Rs 195.090 million for the quarter ended December 31, 2006. Total Income has increased from Rs 1374.502 million for the quarter ended December 31, 2006 to Rs 1470.886 million for the quarter ended December 31, 2007.

Hinduja Ventures Q3FY08 Results

Hinduja Ventures Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit from Ordinary Activities after tax of Rs 121.957 million for the quarter ended December 31, 2007 where as the same was at Rs 185.631 million for the quarter ended December 31, 2006. Total Income is Rs 186.805 million for the quarter ended December 31, 2007 where as the same was at Rs 852.386 million for the quarter ended December 31, 2006.

The Consolidated results are as follows :

The Group has posted a profit for the year after Minority Interest of Rs 158.439 million for the quarter ended December 31, 2007. Total Income is Rs 665.064 million for the quarter ended December 31, 2007.

The above results of the quarter and nine months ended December 31, 2007 are not comparable with those of the corresponding previous period in view of the Demerger of IT / ITES undertaking of the Company w.e.f. October 01, 2006 (appointed date) pursuant to the Scheme of Arrangement and Reconstruction which was sanctioned by Honourable High Court of Judicature at Bombay and made effective on March 07, 2007. Hence, total Income of Rs 749.815 Million, total expenditure of Rs 648.797 Million, Profit before tax of Rs 101.018 million pertaining to IT / ITES business, for the period October 01, 2006 to December 31, 2006, is included in the results for the quarter and nine months ended December 31, 2006.

Lanco Infratech Q3FY08 Results

Lanco Infratech Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 389.13 million for the quarter ended December 31, 2007 where as the same was at Rs 203.06 million for the quarter ended December 31, 2006. Total Income is Rs 3892.80 million for the quarter ended December 31, 2007 where as the same was at Rs 1375.31 million for the quarter ended December 31, 2006.

The Consolidated Results are as follows:

The Group has posted a profit after tax, minority & share of profits of associates of Rs 825.19 million for the quarter ended December 31, 2007 where as the same was at Rs 621.90 million for the quarter ended December 31, 2006. Total Income is Rs 7968.21 million for the quarter ended December 31, 2007 where as the same was at Rs 4507.00 million for the quarter ended December 31, 2006.

During the year ended March 31, 2007 the Company had consolidated certain group entities engaged in the business of Power, Construction and Property Development under its management. Consequently, these Companies have become its subsidiaries / associates. Hence, the consolidated results for the current period are not fully comparable with those of the corresponding period of the previous year.

Bombay Dyeing Q3FY08 Results

Bombay Dyeing & Manufacturing Company Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net loss of Rs 370.10 million for the quarter ended December 31, 2007 where as the same was net profit at Rs 72.10 million for the quarter ended December 31, 2006. Total Income is Rs 3079.00 million for the quarter ended December 31, 2007 where as the same was at Rs 1190.20 million for the quarter ended December 31, 2006.

Commercial production of PSF, based on PTA as feedstock, commenced from October 01, 2007 and hence the results for the current periods are not comparable with the previous periods. Further, the performance of the PSF division during the current period was adversely impacted by large increase in the price of the raw materials which could not be passed on to the consumers on account of the over supply situation in the PSF market.

Dabur Q3FY08 Results

Dabur India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 881.40 million for the quarter ended December 31, 2007 as compared to Rs 717.30 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4632.60 million for the quarter ended December 31, 2006 to Rs 5207.10 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit (after minority interest) of Rs 945.00 million for the quarter ended December 31, 2007 as compared to Rs 792.70 million for the quarter ended December 31, 2006. Total Income has increased from Rs 5696.30 million for the quarter ended December 31, 2006 to Rs 6546.10 million for the quarter ended December 31, 2007.

HMT Q3FY08 Results

HMT Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net loss of Rs 157.50 million for the quarter ended December 31, 2007 as compared to net loss of Rs 44.90 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 701.30 million for the quarter ended December 31, 2006 to Rs 378.10 million for the quarter ended December 31, 2007.

Adani Enterprises Q3FY08 Results

    Adani Enterprises Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1207.40 million for the quarter ended December 31, 2007 as compared to Rs 370.10 million for the quarter ended December 31, 2006. Total Revenue has increased from Rs 26276.70 million for the quarter ended December 31, 2006 to Rs 31890.70 million for the quarter ended December 31, 2007.

The Consolidated results are as follows :

The Group has posted a net profit of Rs 1211.90 million for the quarter ended December 31, 2007 as compared to Rs 352.40 million for the quarter ended December 31, 2006. Total Revenue has increased from Rs 42991.50 million for the quarter ended December 31, 2006 to Rs 53593.80 million for the quarter ended December 31, 2007.

HCL Technologies Selected by State of North Dakota

HCL Technologies Ltd on January 29, 2008 has announced Workforce Safety & Insurance (WSI), North Dakota’s workers' compensation agency, has selected HCL as the systems Integrator for implementing Valley Oak iVOS® Claims Administration Software. As WSI's IT transformation partner, HCL will lead information technology planning, technology consulting, Integration and project oversight services, as well as drive IT planning for WSI’s Java-based Infrastructure and architectures.

As WSI's IT transformation expertise partner, HCL will apply its deep expertise in the areas of custom software development services, database analysis, software design, software development and testing.

"HCL has gained tremendous experience and knowledge from successfully implementing several workers compensation IT systems," said Vasu Srinivasan, vice president and head,
Government: Services Group, HCL Technologies. "We look forward to collaborating with North Dakota’s Workforce Safety & Insurance agency to transform Its overall information technology infrastructure that will enable WSI to better serve their constituents."

Valley Oa< iVOS is a solution that encompasses claims management, medical bill review, policy underwriting, case management, billing, events management, risk management and other related insurance functions for multiple lines of insurance. By integrating various processes into one platform, Valley Oak enables organizations to improve efficiency and outcomes, while also reducing risks and losses.

HCL's global Government practice offers business-driven technology solutions to government agencies worldwide, with ready-to-implement solution frameworks, In-depth experience and competence in domain, technology, tools and test methodologies that help customers cope with todays complex business challenges in the federal, state and local government sectors. HCL has successfully implemented several solutions in government agencies for more than 16 years.

The Company’s global Insurance practice offers business-driven technology solutions to the insurance Industry worldwide, with in experience and competence in domain, technology, tools and test methodologies that help customers cope with today’s complex business challenge in the insurance sector, HCL pioneered the concept of setting up an independent Insurance Solutions Development center to focus on delivering unparalleled domain and technology skills for global Insurers.

Moschip announces PCIe availability

Moschip Semiconductor Technology Ltd, on January 28, 2008 has announced the world wide availability of a single-chip, single-lane PCI Express (PCIe) to peripheral controller with support for serial, parallel, ISA and USB interfaces and standards. Already in use by some customers, the solution comes with comprehensive system design package. The MCS99O1CV is the worlds first PCle to peripheral I/O controller to have more than 21 combinations of Serial, Parallel, USB and ISA interface options. The product is ideal for PCIe-based Serial or Parallel port expansion through add-in cards for server original equipment manufacturers (OEM). PCI Express Cards and PC peripheral manufacturers, embedded motherboard applications and industrial controls.

The product, MosChip's MCS9901CV PCIe to Peripheral I/O Controller, is fully compliant with the PCIe base specification revision 1.Oa. It boasts four 16C550 / 16C550Ex compatible UART channels; 256 Byte FIFO for transmit and receive paths in each serial port; and supports RS 232, RS 485 and RS 422 modes and slow IrDA. The MCS99O1CV also provides bi-directional speeds from 50 bps to 18 Mbps per port and full serial modem control and custom baud rate support. In addition, it supports hardware and software flow control as well as 5,6, 8, 7, 8 and 9 bit Serial data format support and even odd. mark, space and no parity.

MosChip's MCS99O1CV is also offered with comprehensive design support:

• Software driver suite with available source code for Microsoft Vista / XP / 2000 / 98 / CE, Apple Mac OS, Linux and DOS

• Wide range of PCIe peripheral I/O card designs

• Gerber and Protel system schematics and other supporting documentation

• World-class support with comprehensive system design services

"MosChip is proud to introduce a system solution package with such far-reaching application possibilities by providing a multitude of PCIe to Serial and Parallel I/O connectivity options," commented Bhanu Nanduri, Chief Operating Officer for MosChip. "The MCS9901CV, together with its system design support package, addresses a wide range business opportunities in chip-to-chip, and box-to-box connectivity applications with very short time to revenue schedules."

Sun TV launches FM at Kanpur

Sun TV Network Ltd has announced the launching its FM Radio Station at Kanpur under the brand "S FM" from January 29, 2008 through its Subsidiary South Asia FM Ltd. This Station can be heard at 93.5 MH frequency in Kanpur. The programs will cater to the audience of all age groups.

With the launch of this FM Station, the total operational FM Stations of Sun TV goes up to 21 as it already operates at Chennai, Coimbatore, Tirunelveli, Visakhapatnam, Banglore, Hyderabad, Jaipur, Bhubaneswar, Tirupati, Madurai, Tuticorin, Lucknow, Bhopal, Pondicherry ,Kozhikode (Calicut), Indore / Vijayawada , Varanasi, Tiruchy, and Rajahmundry.

The Company hold licenses for 45 FM Radio Stations across India, and will be one of the largest radio broadcasters in India when all the remaining 24 stations become operational.

RCF Q3FY08 Results

Rashtriya Chemicals & Fertilizers Ltd (RCF) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 601.20 million for the quarter ended December 31, 2007 as compared to Rs 646.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 9519.40 million for the quarter ended December 31, 2006 to Rs 13791.60 million for the quarter ended December 31, 2007.

Indian Hotels Q3FY08 Results

Indian Hotels Company Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a profit from Ordinary activities after tax of Rs 1345.80 million for the quarter ended December 31, 2007 as compared to Rs 1025.60 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4582.30 million for the quarter ended December 31, 2006 to Rs 5271.10 million for the quarter ended December 31, 2007.

Jet Airways Q3FY08 Results

Jet Airways India Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net loss of Rs 911.20 million for the quarter ended December 31, 2007 as compared to net profit of Rs 400.40 million for the quarter ended December 31, 2006. Total Income has increased from Rs 19696.90 million for the quarter ended December 31, 2006 to Rs 25171.80 million for the quarter ended December 31, 2007.

HTMT Global Q3FY08 Results

HTMT Global Solutions Ltd has announced the following Audited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 170.783 million for the quarter ended December 31, 2007 where as the same was at Rs 98.621 million for the quarter ended December 31, 2006. Total Income is Rs 961.173 million for the quarter ended December 31, 2007 where as the same was at Rs 753.218 million for the quarter ended December 31, 2006.

The figures for the quarter ended December 31, 2006 are Unaudited.

The Unaudited Consolidated Results are as follows:

The Group has posted a profit after minority interest of Rs 233.386 million for the quarter ended December 31, 2007. Total Income is Rs 1711.276 million for the quarter ended December 31, 2007.

The IT/ITES business of Hinduja TMT Ltd (now Hinduja Ventures Ltd) was demerged and transferred to the Company w.e.f. October 01, 2006 (being Appointed Date) pursuant to the Scheme of Arrangement and Reconstruction for demerger and reduction of capital ("the Scheme") as sanctioned by the Hon'ble High Court of Judicature at Bombay on February 23, 2007 and made effective on March 07, 2007. Accordingly figures of IT/ITES business are included in the figures for the quarter and nine months ended December 31, 2006 from the appointed date.

In view of Scheme, the figures of the nine months ended December 31, 2007, are not comparable with the corresponding previous period figures.

FDC Q3FY08 Results

FDC Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 211.50 million for the quarter ended December 31, 2007 as compared to Rs 132.40 million for the quarter ended December 31, 2006. Total Income has increased from Rs 1055.90 million for the quarter ended December 31, 2006 to Rs 1303.10 million for the quarter ended December 31, 2007.

HPCL Q3FY08 Results

Hindustan Petroleum Corporation Ltd (HPCL) has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net loss of Rs 157.30 million for the quarter ended December 31, 2007 as compared to net profit Rs 4073.10 million for the quarter ended December 31, 2006. Total Income has increased from Rs 223968.80 million for the quarter ended December 31, 2006 to Rs 273814.70 million for the quarter ended December 31, 2007.

Ingersoll Rand Q3FY08 Results

Ingersoll Rand India Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 831.60 million for the quarter ended December 31, 2007 where as the same was at Rs 144.80 million for the quarter ended December 31, 2006. Total Income is Rs 1449.50 million for the quarter ended December 31, 2007 where as the same was at Rs 1772.00 million for the quarter ended December 31, 2006.

(I) (a) Road development business has been sold to Volvo India Pvt Ltd, effective May 04, 2007 pursuant to the approval from the members.

(b) Profit on sale of road development business, net of expenses incurred, is estimated pending finalisation of costs and net asset value associated with the sale.

(II) (a) Utility Equipment, Attachments and Bobcat business has been sold to Doosan International Pvt Ltd effective November 30, 2007 pursuant to the approval from the members.

(b) Profit on sale of utility equipment, attachments and bobcat business, net of expenses incurred, is estimated pending finalisation of costs and net asset value associated with the sale.

(III) Segment results of the current period are not comparable with that of the previous period, due to change in method of allocation of common expenses in the current period consequent to sale of businesses, referred to in note (I) and note (II) above.

JSW Steel Q3FY08 Results

JSW Steel Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 3281.80 million for the quarter ended December 31, 2007 as compared to Rs 3621.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 23173.40 million for the quarter ended December 31, 2006 to Rs 25981.90 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit after tax after Share of profit of Minority and Share of Profits of Associates of Rs 2700.60 million for the quarter ended December 31, 2007. Total Income is Rs 28780.80 million for the quarter ended December 31, 2007.

HCL Infosystems Q3FY08 Results

HCL Infosystems Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 831.90 million for the quarter ended December 31, 2007 where as the same was at Rs 347.60 million for the quarter ended December 31, 2006. Total Income is Rs 32779.70 million for the quarter ended December 31, 2007 where as the same was at Rs 6223.90 million for the quarter ended December 31, 2006.

The Consolidated Results are as follows:

The Group has posted a net profit of Rs 814.10 million for the quarter ended December 31, 2007 where as the same was at Rs 759.90 million for the quarter ended December 31, 2006. Total Income is Rs 32880.80 million for the quarter ended December 31, 2007 where as the same was at Rs 29414.80 million for the quarter ended December 31, 2006.

A Scheme of Arrangement sanctioned by Hon'ble High Court of Delhi came into effect on March 31, 2007. Pursuant to the Scheme, Telecommunication and Office Automation business of erstwhile HCL Infinet Ltd was amalgamated with the Company. The previous year's figures of the standalone Company do not include the impact of amalgamation and hence are not comparable.

Tata Tea Q3FY08 Results

Tata Tea Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a profit after tax of Rs 588.80 million for the quarter ended December 31, 2007 as compared to Rs 942.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2987.20 million for the quarter ended December 31, 2006 to Rs 4013.80 million for the quarter ended December 31, 2007.

The Unaudited Consolidated results are as follows:

The Group has posted a Consolidated net profit of Rs 13073.10 million for the quarter ended December 31, 2007 as compared to Rs 1171.90 million for the quarter ended December 31, 2006. Total Income has increased from Rs 11193.20 million for the quarter ended December 31, 2006 to Rs 11896.50 million for the quarter ended December 31, 2007.

VSNL and Yash Raj Films to web premiere Chak De India

Videsh Sanchar Nigam Ltd (VSNL) has announced that VSNL and Yash Raj Films have joined hands for the Web premiere of the 2007 blockbuster Chak De India. VSNL is an international solutions Company which offers broadband and Internet services in India under the Tata Indicom brand name. Yash Raj Films is a leading player in the Indian film industry. This film is available online in DVD quality and Tata Indicom Broadband customers will be the first to view these films in the innovative web format within India.

"The web premiere of this blockbuster reinforces the power of the Internet today. It is a proud moment for us to be partners in this endeavour to provide the best for our customers. This is yet another addition to our existing portfolio of over 300 Hindi and language movies." said Mr. Shankar Prasad, President -Tata Indicom Retail Business Unit.

Users of Tata Indicom Internet services already have access to a huge content library comprising over 300 movies, 600,000 songs and innumerable consumer and business applications. VSNL has its Broadband operations in over 40 Indian cities and has around 500,000 Broadband and Internet subscribers. It also has over 350 Wi-Fi hotspots across the country.

Sybly Industries outcome of board meeting

Sybly Industries Ltd has informed that the Board of Directors of the Company at its meeting held on January 28, 2008, inter alia, has taken the following decisions:

1. To issue and allot 4,35,00,000 warrants convertible into equal no. of equity shares to promoters group subject to the approval of shareholders.

2. To issue and allot 10,00,00,000 GDRs subject to the approval of shareholders.

3. An Extra Ordinary General Meeting has been convened on February 27, 2008 to take approval of the shareholders.

4. To plan utilization of funds in the Following manner:

(i) Expansion & modernization of its existing facilities of manufacturing of Polyester Yarn.

(ii) Going for forward integration activities of manufacturing of Thread.

(iii) Going into the new line of activities pertaining to manufacturing of PET Processing & Semi Craft Paper, either in the Company itself or through its subsidiaries or Joint Ventures.

IRDA approves stake sale of 26% to ERGO International AG by HDFC Ltd

With reference to the earlier announcement dated October 30, 2007 regarding Insurance Regulatory and Development Authority (IRDA) has approved the sale of 26% stake in HDFC General Insurance Company Ltd by the Corporation to ERGO International AG, Housing Development Finance Corporation Ltd (HDFC) has announced that the Insurance Regulatory and Development Authority (IRDA) has 'in principle' approved the transfer of 26 per cent stake (32,500,000 equity shares of Rs 10/- each) in HDFC General Insurance Company Ltd (HGICL) held by HDFC Ltd in favour of ERGO International AG, part of the Munich Re Group.

HDFC Ltd will receive INR 235 Crores from ERGO International AG for the 26% share in the HDFC General Insurance Company Ltd. The transaction is likely to be completed during this month.

Mr. Deepak Parekh, Chairman HDFC Ltd. said, "General Insurance has been one area where we have lagged behind. There are huge opportunities as the Indian Economy is growing over 9%. We need to gear up and focus our energies to become one of the prominent players of this fast growing industry. ERGO is a leading player in Europe, and I am certain that their vast experience, technical expertise & operational know-how will make a big difference for this business."

The Shareholder's agreement between the two Companies was signed on October 30, 2007 between Mr. Deepak Parekh, Chairman of the Board of HDFC Ltd. and Dr. Nikolaus von Bomhard, CEO of ERGO's parent Company - the Munich Re Group. HDFC General Insurance Company Ltd Company will be renamed as HDFC ERGO General Insurance Company Ltd and will be headquartered in Mumbai.

The new partnership will enable HDFC Ltd. to successfully grow its existing general insurance operations by further leveraging their outstanding brand equity and distribution strengths. For ERGO, entering the joint venture with HDFC Ltd. underlines the Group's international expansion strategy and offers a direct entry into the Indian general insurance market.

Jindal Steel and Power Q3FY08 Results

Jindal Steel & Power Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 3190.50 million for the quarter ended December 31, 2007 as compared to Rs 1899.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 10124.30 million for the quarter ended December 31, 2006 to Rs 14074.10 million for the quarter ended December 31, 2007

Arvind Mills Q3FY08 Results

Arvind Mills Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a profit after extraordinary items of Rs 56.70 million for the quarter ended December 31, 2007 as compared to Rs 1047.90 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4505.20 million for the quarter ended December 31, 2006 to Rs 5441.20 million for the quarter ended December 31, 2007.

Larsen and Tourbo Q3FY08 Results

Larsen & Toubro Ltd (L&T) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a profit after tax of Rs 4817.90 million for the quarter ended December 31, 2007 as compared to Rs 3439.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 42244.90 million for the quarter ended December 31, 2006 to Rs 64835.50 million for the quarter ended December 31, 2007.

Glenmark Pharma receives US FDA approval

Glenmark Pharmaceuticals Ltd has announced that the Company has received US FDA approval for its state of the art semi-solids (ointments & creams) manufacturing plant at Baddi, Himachal Pradesh. This is the third Glenmark manufacturing plant to have been approved by the US FDA. The Baddi plant recently received GMP approval from MHRA of UK, and from TPD, Canada. The US FDA approval will now enable Glenmark to enter the niche segment of semi-solid dosages in most of the regulated markets of the world.

These regulatory approvals in US and EU markets have opened huge opportunities for Glenmark in the topical range of products. Not many Indian Companies are currently tapping the topical segments in Generic market due to high cost of development which involves Clinical studies in target specific patients. With this, Glenmark envisages the launch of a basket of products in skin care / treatment in US and in EU markets.

Speaking on this development, Mr. Glenn Saldanha, CEO & MD, of the Company, said, "The current GMP accreditation by US FDA for Baddi site is a significant milestone for Glenmark, since other plants of the Company at Ankleshwar and Goa are already approved by these agencies, reflecting International standards of Quality system at Glenmark."

Glenmark'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 Glenmark's Indian requirements and has produced batches for filing in the US and Europe. The Company expects the Baddi facility to break-even in its first two years of operation.

Glenmark 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 at 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 is 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 is 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.

CCS Infotech opens showroom in Chennai

CCS Infotech Ltd on January 28, 2008 has announced the opening of its First Multi brand IT showroom 'CCS Zone' in Velachery, Chennai. This showroom was inaugurated by Mr. B Surya Narayanan, Director, Sales & Marketing, South, Intel India. The CCS Zone is located at 34, Sakhti Vijayalakshmi Nagar, 2nd street, 100 feet by pass road, Velachery, Chennai. The Showroom showcases and retails their products like PCs, Laptops, Servers and other advanced Computer & Mobile related Accessories.

Speaking on this occasion Mr. Hasan Abdul Kader, Managing Director of the Company said, "We are very proud to open our First showroom in Velachery. Despite being an exclusive CCS showroom, the store will also display other products like advances computer and mobile related accessories that will not clash with the CCS brands. With the Retail Industry booming now and 10% of out turn over coming from retail business. We decided to increase up to 25% by opening show rooms all over India. We would Start off with Tamilnadu by this year & will move on to neighbouring states in South India & other parts of India in the coming years. We except a turn over of Rs 150 crores by 2008 and Rs 250 crores by 2009 financial yeas with the Retail business contribution of 20-25%. We are striving hard in becoming the leading IT Solution provider in India."

VSNL Q3FY08 Results

Videsh Sanchar Nigam Ltd (VSNL) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 95.20 million for the quarter ended December 31, 2007 as compared to Rs 1422.80 million for the quarter ended December 31, 2006. Total Income has increased from Rs 11122.50 million for the quarter ended December 31, 2006 to Rs 11135.20 million for the quarter ended December 31, 2007.

Grey Market - Future Capital, Reliance Power, Emaar MGF, J Kumar Infraprojects, Cords Cable Industries, KNR Constructions, Onmobile Global

Future Capital Holding 765 400 to 410


Reliance Power 450 180 to 190


Emaar MGF 610 to 690 200 to 225


J. Kumar Infraprojects 110 to 120 6 to 8


Cords Cable Ind 125 to 135 20 to 25


KNR Construction 170 to 180 15 to 17


On Mobile Global 425 to 450 90 to 100


Bang Overseas 200 to 207 32 to 35


Shriram EPC 290 to 330 30 to 35


IRB Infra 185 to 220 40 to 45

Prime Securities EGM outcome

Prime Securities Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 25, 2008, have approved the following:

1. Increase in FII limits from the present level of 30% to 74% of the paid-up equity share capital of the Company.

2. Issue of upto 18,70,000 equity shares on a preferential basis.

3. Issue of upto 6,00,000 equity share warrants on a preferential basis.

4. Implementation of employee stock option scheme.

5. Extending the benefits of employee stock option scheme to the employees / whole-time directors of subsidiary companies.

Sony Pictures Entertainment and Tata Consultancy Services Sign Landmark Service-Oriented Architecture Agreement

Tata Consultancy Services Ltd (TCS) on January 22, 2008 has announced that it has signed an agreement with Sony Pictures Entertainment, Inc. (SPE) to develop and deploy Service-Oriented Architecture (SOA) solutions that allow Sony and its customers to better use all of its IT assets to advance their business goals. Based on industry best practices, the SOA solutions combine a set of best-of-breed technologies, tools, patterns and standards from Sony Pictures, TCS and BEA Systems to help enterprise organizations align business functions for greater flexibility and efficiency.

Sony Pictures and TCS have created a world class SOA framework that enables enterprise organizations to quickly sense and respond to changing market conditions. Centered on the deployment of reusable and network-aware applications, the SOA framework leverages key business assets within and beyond enterprise boundaries, with interoperability, independent of platforms, languages and protocols. The framework benefits enterprise organizations across various industry verticals including media & entertainment, insurance, banking, retail, financial services and manufacturing.

In addition to substantial return on Investment, the SOA approach enables enterprise organizations to streamline business processes and benefit from a reduction in development time and maintenance effort, services accessibility, an "always-on" infrastructure and improved data integrity and delivery capabilities, among others.

"SOA adoption is a key enabler for the 21st century enterprise and we are committed to helping our clients develop and implement state-of-the-art solutions. TCS has been heavily involved in SOA activities for clients all over the globe and have the processes, methodologies and skills in place to help them maximize their success," said N Chandrasekaran, Executive Director and COO for TCS.

Supported by BEA AquaLogic BPM, BEA AquaLogic Data Services Platform and BEA AquaLogic Service Bus, the enterprise SOA framework is designed to help accelerate modeling, testing and deployment of new business processes and applications, while assisting with the transformation of existing legacy software assets to SOA.

TCS maintains its lead in SOA as its Industry assets continue to help customers develop scalable and robust business applications. According to the Forrester Research report, "The Forrester Wave: North America SOA Integration, Q3 2006" (September 2006), TCS was positioned as a strong performer. The report states that of all the Indian vendors, TCS has the clearest strategy and approach to SOA, and it is focused on training its consultants in SOA concepts and approaches.

Nicholas Piramal & Pierre Fabre Laboratories sign agreement

Nicholas Piramal India Ltd has announced that in the framework of agreements concluded during the visit of the President of the French Republic, Nicolas Sarkozy, to New Delhi, the Company and Pierre Fabre Laboratories signed an MOU on research in oncology on January 25, 2008.

This agreement formalises the collaboration between the two pharmaceutical laboratories specialising in research on natural substances. It involves bringing together two complementary areas of expertise. The Pierre Fabre Group will provide expertise in screening and research in oncology, while NPIL will make available its natural products base, which will lead to the pharmacological characterisation of new molecules.

Mr. Ajay Piramal, Chairman of the Company stated, "This agreement further strengthens our strategic partnership with Pierre Fabre, wherein we market the Company's products for oncology and dermato-cosmetics in India. The research collaboration in oncology is an important milestone in the strong relationship between the two Companies".

This agreement forms a part of the strategy of Pierre Fabre Laboratories to reinforce their presence in India and open new avenues of collaboration in the field of oncology research, which today represents 50% of the R&D investments of the Group.

In India, marketing agreements have previously been signed with NPIL: in 2004, with the market launch of Ducray and, thereafter, in 2006, when Navelbine was launched.

BHEL Q3FY08 Results

Bharat Heavy Electricals Ltd (BHEL) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 7719.00 million for the quarter ended December 31, 2007 as compared to Rs 6676.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 45251.60 million for the quarter ended December 31, 2006 to Rs 52290.00 million for the quarter ended December 31, 2007.

Jaihind Projects Q3FY08 Results

Jaihind Projects Ltd has informed that the Company has been awarded order of Rs 9.68 Crores from Indian Oil Corporation Ltd for Combined Works of Equipment erection, Station Piping, Mechanical, Civil, Electrical & Instrumentation works, supply & Installation of Fire protection systems, HOT cranes and other facilities at Radhanpur and Rewari Stations under Mundra-Panipat crude oil Pipeline Augmentation Project.

ING Vysya Q3FY08 Results

ING Vysya Bank Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 427.50 million for the quarter ended December 31, 2007 as compared to Rs 143.30 million for the quarter ended December 31, 2006. Total Income has increased from Rs 3708.70 million for the quarter ended December 31, 2006 to Rs 5280.60 million for the quarter ended December 31, 2007.

Novartis Q3FY08 Results

Novartis India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 224.70 million for the quarter ended December 31, 2007 as compared to Rs 210.70 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 1585.10 million for the quarter ended December 31, 2006 to Rs 1525.90 million for the quarter ended December 31, 2007.

Dr Reddys Laboratories Q3FY08 Results

Dr Reddys Laboratories Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 422.90 million for the quarter ended December 31, 2007 as compared to Rs 5034.90 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 12121.10 million for the quarter ended December 31, 2006 to Rs 8206.80 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit attributable to the shareholders of the parent of Rs 625.50 million for the quarter ended December 31, 2007 as compared to Rs 1056.30 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 15214.80 million for the quarter ended December 31, 2006 to Rs 12659.80 million for the quarter ended December 31, 2007.

The Consolidated results as per US GAAP are as follows:

The Group has posted a net loss of Rs 846.620 million for the quarter ended December 31, 2007 as compared to net profit of Rs 1879.407 million for the quarter ended December 31, 2006. Revenues has decreased from Rs 15434.265 million for the quarter ended December 31, 2006 to Rs 12319.651 million for the quarter ended December 31, 2007.

Ashok Leyland Q3FY08 Results

Ashok Leyland Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1202.17 million for the quarter ended December 31, 2007 as compared to Rs 1052.57 million for the quarter ended December 31, 2006. Total Income has increased from Rs 17839.42 million for the quarter ended December 31, 2006 to Rs 18437.84 million for the quarter ended December 31, 2007.

Bharat Electronics Q3FY08 Results

Bharat Electronics Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1129.70 million for the quarter ended December 31, 2007 as compared to Rs 1481.80 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 9045.10 million for the quarter ended December 31, 2006 to Rs 7269.30 million for the quarter ended December 31, 2007.

Federal Bank Q3FY08 Results

Federal Bank Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 1029.20 million for the quarter ended December 31, 2007 as compared to Rs 838.40 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4985.70 million for the quarter ended December 31, 2006 to Rs 7336.10 million for the quarter ended December 31, 2007.

TVS Motors Q3FY08 Results

TVS Motor Company Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 58.30 million for the quarter ended December 31, 2007 as compared to Rs 114.60 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 9529.80 million for the quarter ended December 31, 2006 to Rs 8961.30 million for the quarter ended December 31, 2007.

KEC International - Scheme of Arrangement

KEC International Ltd has informed that the Scheme of Arrangement between the RPG Transmission Ltd ('RPGT') and National Information Technologies Ltd ('NITEL') and MP Power Line Ltd has been approved by the Hon'ble High Court of judicature at Bombay vide their Orders dated January 18, 2008 and by the Hon'ble High Court of judicature at Jabalpur vide their Orders dated January 24, 2008 and January 25, 2008. The Scheme shall become effective on receipt and filing of the Certified Copies of Orders of the Hon'ble High Courts of judicature at Bombay and Jabalpur with Registrar of Companies, Maharashtra and Registrar of Companies, Madhya Pradesh respectively.

Sical Logistics acquisition rumours

With reference to the news item appearing in a leading financial daily titled "Sical Logistics close to buying freight forwarding Company", Sical Logistics Ltd has clarified to that the Company has been looking at its presence in freight forwarding business for quite some time now, but has not reached any definitive agreement or concluded talks with any person/firm to acquire any freight forwarding Company; neither any proposal in this regard has been put up to the Board of Directors of the Company.

Parsvnath awarded occupancy nod for Phase I of Greenville project in Gurgaon

Parsvnath Developers Ltd has announced that in a commendable development, the Company has obtained the completion and occupancy certificate from Director, Town and Country Planning, Haryana for 228 units of Parsvnath Greenville, the residential project located on Main Gurgaon Sohna Road. The units for which the completion certificate has been received are categorized as 2BR and 3BR apartments in low-rise building.

The project is located just three kms away from Rajiv Chowk in Gurgaon. Completed within a preset time frame, the total project is spread over 12 acres.

Parsvnath Green Ville comprises of 2BR, 3BR and 4BR apartments, penthouses and villas designed in accordance with Swiss architecture. With the offering of Italian Marble in Drawing Dinning areas and Laminated wooden flooring in master bedroom with stylish wooden cupboards in all the rooms is amongst the highlights of the project. Modular kitchens provide the much desired comfort and ease to the queen of the house.

Once the total project gets completed it will be fully equipped with facilities like 100% power back up, provision for piped gas supply, intercom security system, broadband connectivity and reserved car parking.

GIPCO Q3FY08 Results

Gujarat Industries Power Company Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 371.20 million for the quarter ended December 31, 2007 as compared to Rs 386.90 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2369.30 million for the quarter ended December 31, 2006 to Rs 2485.90 million for the quarter ended December 31, 2007.    

BEML Q3FY08 Results

BEML Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 592.40 million for the quarter ended December 31, 2007 as compared to Rs 529.70 million for the quarter ended December 31, 2006. Total Income has increased from Rs 5591.10 million for the quarter ended December 31, 2006 to Rs 6407.60 million for the quarter ended December 31, 2007.

Tata Steel announces Consolidated results for the quarter / six months ended Sep 30, 2007

Tata Steel Ltd has announced the following Unaudited consolidated financial results of the Company for the quarter / six months ended September 30, 2007, which have been reviewed by the auditors and approved by the Board of Directors of the Company.

The Consolidated results for the Quarter ended September 30, 2007:

The Group has posted a profit after Minority Interest and share of Profits of Associates of Rs 33423.60 million for the quarter ended September 30, 2007 as compared to Rs 11391.10 million for the quarter ended September 30, 2006. Total Income has increased from Rs 61929.50 million for the quarter ended September 30, 2006 to Rs 325351.50 million for the quarter ended September 30, 2007.

The Consolidated results for the six months ended September 30, 2007:

The Group has posted a profit after Minority Interest and share of Profits of Associates of Rs 97027.30 million for the six months ended September 30, 2007 as compared to Rs 21582.90 million for the six months ended September 30, 2006. Total Income has increased from Rs 120198.30 million for the six months ended September 30, 2006 to Rs 638716.30 million for the six months ended September 30, 2007.

The previous period figures do not include Corus and the current period includes financial results of Corus, reviewed by the auditors.

Report on Financial performance

• Income from Operations

Total income for six months ended September 30, 2007, amounted to Rs 638720 million against Rs 120200 million in the same period previous year. The increase comprise mainly of Rs 498090 million of Corus income and increases of Rs 8660 million in Indian operations, Rs 12370 million in Nat Steel and Rs 5120 million in Tata Steel, Thailand.

• Total Expenditure

Total expenditure for the six months ended September 30, 2007 amounted to Rs 561120 million against Rs 86650 million during the previous years. The increase is primarily on account of inclusion of expenditure of Corus during the current year.

JSW Steel launches Galvalume

JSW Steel Ltd has announced that the Company has re-commissioned one of its Galvanizing line after modification to produce Galvalume, a Zinc - Aluminium coated Steel product.

The Company is the first Indian Company, under a technology licensing from BIEC International Inc., USA to produce Galvalume sheets - the fastest-growing sheet steel product renowned for its excellent corrosion resistance and heat reflectivity. With this licensing, the Company has continuous access to latest product innovations and process refinements, ensuring a product of highest international standards.

Galvalume's superior performance has been proven in the field. Over three decades of testing (one test ran for 20+ years) has shown that Galvalume delivers superior corrosion resistance compared to Galvanized panels. In fact, Galvalume's performance in the construction industry has been superior to Galvanized.

A patented alloy of barrier-resistant aluminum and corrosion-fighting zinc gives Galvalume Its superior corrosion resistance. Most Galvalume substrates feature an alloy that is 55% aluminum, 43.5% zinc and 1.5% silicon. Tests have proven this alloy superior to the zinc-only coating used in regular Galvanized sheeting.

Time has proven that Galvalume steel roofs last longer, require less maintenance, and offer exceptional value. It's this combination that has made Galvalume steel roofing the ideal alternative to traditional non-metallic roof systems. In fact, Galvalume steel roofing now totals over 40 billion square feet worldwide, covering buildings of almost every type.

Mr. Jayant Acharya, Senior Vice President - Sales & Marketing said "The added advantages of this product will take the construction standards in India to a much higher level". He also said "With the Pre-Engineered Building Industry coming up very fast in India, JSW Steel will benefit by its ability to cater to the growing demand of this product which is currently dependant on imports".

SBI Q3FY08 Results

State Bank of India (SBI) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 18086.40 million for the quarter ended December 31, 2007 as compared to Rs 10650.60 million for the quarter ended December 31, 2006. Total Income has increased from Rs 112683.80 million for the quarter ended December 31, 2006 to Rs 153640.00 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit after minority interest of Rs 23836.60 million for the quarter ended December 31, 2007 as compared to Rs 15244.20 million for the quarter ended December 31, 2006. Total Income has increased from Rs 170451.30 million for the quarter ended December 31, 2006 to Rs 243809.90 million for the quarter ended December 31, 2007.

Ansal Properties to develop school properties

Ansal Properties & Infrastructure Ltd has informed that the Company has entered into a tripartite agreement with M/s. Edu Infrastructure Pvt Ltd, {Edu}, a subsidiary of M/s. Educomp Solutions Ltd and M/s. Knowledge Tree Infrastructure Ltd — its associate Company.

As per the agreement the Company and / or its associate would construct / develop the school properties in the various residential townships of the Company and lease it out to the school operators for operating and managing the schools. Edu shall have the right to take minority interest in the associate.

The agreement is expected to enable the Company to leverage the experience of M/s. Educomp to emphasize the education in its residential colonies.

GMR Infrastructure - Indira Gandhi International Airport Gets Fighting Fit

GMR Infrastructure Ltd has informed that Delhi International Airport (P) Ltd. (DIAL), the Company's Subsidiary Company has commissioned a fleet of state of the art new Aircraft Crash Fire Tenders (ACFT) at the Indira Gandhi International Airport as part of the existing fleet of Aircraft Rescue and Fire Fighting (ARFF) Vehicles.

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

"A fleet of state of the art new Aircraft Crash Fire Tenders (ACFT) has been commissioned at the Indira Gandhi International Airport as part of the existing fleet of Aircraft Rescue and Fire Fighting (ARFF) Vehicles. Delhi International Airport (P) Ltd, a joint venture consortium managing modernizing the IGI Airport has inducted these vehicles manufactured by Rosenbauer International AG of Austria. The Panther 6x6 ACFT vehicle is the most modern fire fighting unit posted at any airport in India. The induction of these vehicles has greatly boosted IGI Airport's capabilities & to respond to any aircraft or fire related exigency.

Featuring an ultra powerful 705hp engine, these vehicles can quickly access any part of the airfield while responding to emergencies. Its most unique feature is the 'Low Visibility Enhanced Vision' system which is guided by a Forward Looking Infrared (FLIR) Camera mounted on the cabin roof. This system provides enhanced vision capability even in smoky, foggy, or dark environments by sensing thermal radiation instead of visible light. It can also be used in fires to detect hot spots, evaluate hot aircraft brakes or human detection in up to 450 m distance.

The system allows the driver to navigate the airport in poor visibility conditions by only looking at the screen displaying a thermal image of the surroundings allowing them to precede even in zero visibility conditions. Considering the difficult weather conditions at IGI Airport during winter, DIAL opted to install this equipment on all new ACFT vehicles, ensuring best possible response, capabilities even in the most difficult conditions.

Built using advanced composite materials, the vehicle has a water capacity of 12,500 liters along with 1,500 liters of fire retardant foam and 500kg of Dry chemicals to fight fire. Its powerful pumps ensure that its roof mounted jet can spray an astounding 6,000 litres per minute up to a distance of 90 metres.

In addition, DIAL fire fighters have also been equipped with new helmets, Aluminum coated protective suits and boots, all complying with the global fire safety standards. These equipment improve the efficiency of the fire fighters while fully protecting them during their saving missions.

DIAL fire-fighters have been trained in Malaysia, Delhi and Hyderabad to fight Crash Aircraft in five or without fire and rescue the passengers by keeping the lives as well as property risk at the lowest. Programmes also trained DIAL fire-fighters to the necessary investigation aspects of the crushed aircraft.

DIAL is committed to providing the best of facilities to its passengers and customers at IGI Airport. With the commissioning of the new runway and domestic terminal in 2008, DIAL will be procuring additional Aircraft Rescue and Fire Fighting (ARFF) Vehicles to maintain the best emergency response services amongst airports in India."

Apollo Hospitals Q3FY08 Results

Apollo Hospitals Enterprise Ltd has announced the following Unaudited resutls for the quarter ended December 31, 2007.

The Company has posted a net profit of Rs 263 million for the quarter ended on December 31, 2007 as compare to Rs 179 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2341 for the quarter ended on December 31, 2006 to Rs 2971 for the quarter ended on December 31, 2007.

ICI India Q3FY08 Results

ICI India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 63.70 million for the quarter ended December 31, 2007 as compared to Rs 2253.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2319.00 million for the quarter ended December 31, 2006 to Rs 2573.10 million for the quarter ended December 31, 2007.

HCL announces partnership with Mark Logic

HCL Technologies Ltd on January 24, 2008 has announced a new partnership with Mark Logic® Corporation, provider of the industry’s leading XML content servers. Under the terms of this agreement, the Company will serve as one of Mark Logic’s select services partners providing System Integration and Implementation services for MarkLogic Server.

As they deploy their new XML-based applications, customers now have streamlined access to a single source for complete XML solutions through HCL expertise. XML has emerged as the document markup standard with XQuery as the standard means for accessing collections of XML documents. MarkLogic Server was created to help customers effectively handle large volumes of XML content, and unlocks the value of XML content by allowing users to load, query, manipulate and render content with the most powerful XQuery Interface available.

Working for the last 10 years with the ‘who’s who’ in the Media & Entertainment industry, the Company have seen continuous transformation as their clients align themselves for the New Age Users. All such initiatives have content at the core and the Company believe this partnership will multiply the value that the Company can deliver to its clients,” stated Karan Purl, Senior Vice President, HCL Technologies. “XML content is the norm today, which is why it comes as no surprise that Mark Logic’s open architecture development platform is the leading product on the market. Through this partnership, both HCL and Mark Logic will benefit from reaching new customers in the media and entertainment space, and particularly in publishing.

For more than 10 years, HCL’s Media and Entertainment (M&E) practice has established strong relationships with leading publishers, information service providers, broadcasting, ISV's and gaming customers across the globe. HCL’s solutions and experience address the challenges today’s media companies face in aggregating and managing content originating from diverse platforms in diverse formats. HCL is well poised to address the unique market challenges of the media and entertainment industry with the company’s software services, infrastructure services and BPO services.

Infosys at Davos

Infosys Technologies Ltd has announced that

"As a strategic partner of the World Economic Forum Annual Meeting taking place in Davos, Switzerland, Infosys Technologies is taking a leading role in shaping the future agenda of its partner communities. With this aim in mind, Infosys conducted an exclusive CEO panel discussion on January 24, 2008 to look at the world we can expect to see in 2020.

The panel discussion, Welcome to Twenty2O: Creating a Future by Design," involved renowned futurists Paul Saffo and Peter Schwartz to engage with the audience on their view of the scenarios impacting global corporations. Participants included CEOs from Companies across the globe. Kris Gopalakrishnan, Infosys CEO and Managing Director, and Maria Bortiromo, CNBC anchor, led the panel discussion.

In his opening remarks, Kris said, "In today's interconnected world we to have to look at solving today’s and tomorrow’s problems through increased collaboration and innovation."

The CEO discussion centered on managing uncertainty in a rapidly changing world and addressed five global themes that Infosys predicts will shape our future; Environment and Energy, Healthcare, Education, Economic Inclusiveness and Ethical Governance.

Participants discussed potential future scenarios between 2008 and 2020. It was asserted that by 2018 the proliferation of the Internet would enable remote education, apart from electronic delivery of medical services. Further, it would enable workers to complete tasks from anywhere in the world, thereby contributing to a decline in urbanization. It was also suggested that print editions of daily newspapers would cease to exist by 2014.

"Overwhelmingly, participants' concerns in the near future were around enhanced protectionism, the environment and energy," commented Peter Schwartz, the futurist who led the morning's discussions. "However, all saw upsides in the future with regard to technology, society and the economy."

The bottom line is that it is important that this event happened, and the dialogue has led to many great ideas and thought-provoking scenarios. But this barely scratched the surface of a rich load of new ideas. This was a crowd of realistic optimists who fully appreciated the challenges ahead and proposed realistic solutions," said Paul Saffo, technology forecaster also who facilitated the debate.

Kris Gopalakrishnan will also be speaking at the Forum on January 25, 2008 about how corporations can tap local innovation for global impact and how economies can use information communication technology for competitive advantage."

Cipla Q3FY08 Results

Cipla Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 2106.50 million for the quarter ended December 31, 2007 as compared to Rs 1843.80 million for the quarter ended December 31, 2006. Total Income has increased from Rs 9133.30 million for the quarter ended December 31, 2006 to Rs 11286.90 million for the quarter ended December 31, 2007.

McNally Bharat gets order from BHEL

McNally Bharat Engineering Company Ltd has informed that the Company has received an Order from Bharat Heavy Electricals Ltd (BHEL), Bangalore, for Supply of Ash Handling System - Mechanical Package for DVC Mejia Phase B Units 1 & 2 (2 x 500 MW) valued at Rs 28.92 crores including all taxes and duties.

Brilliant Securities Open offer

Brilliant Securities Ltd has informed about the following:

Ashika Capital Ltd ("Manager to the Offer") for and on behalf of Mr. K Bhaskar Reddy, Mrs. K Uma, Mr. Venkat S Meenavalli, Mrs. Meenavalli Usha Rani & KBR Holdings Pvt Ltd ("Acquirers"), has issued this Public Announcement ("PA") to the shareholders of Brilliant Securities Ltd ("Target Company"), pursuant to & in compliance with regulation 10 & 12 of 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 ("Offer") to the Shareholders of the Target Company ("Other than Parties to the Agreement") to acquire upto 10,21,460 shares of Rs 10/- each, representing 20% of its voting Capital, at a price of Rs 109/- per share ("Offer Price") payable in cash in terms of regulation 20 of the Regulations.

Schedule of Activities:

Specified Date - February 02, 2008

Date of Opening of the Offer - March 14 , 2008

Date of Closing of the Offer - April 02, 2008

GMR Infrastructure Q3FY08 Results

GMR Infrastructure Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit from Ordinary Activities after tax of Rs 156.80 million for the quarter ended December 31, 2007 as compared to Rs 5.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 64.70 million for the quarter ended December 31, 2006 to Rs 235.40 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit from Ordinary Activities after tax and minority interest of Rs 640.70 million for the quarter ended December 31, 2007 as compared to Rs 532.60 million for the quarter ended December 31, 2006. Total Income has increased from Rs 3675.60 million for the quarter ended December 31, 2006 to Rs 5632.00 million for the quarter ended December 31, 2007.

Engineers India Q3FY08 Results

Engineers India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 502.50 million for the quarter ended December 31, 2007 as compared to Rs 398.80 million for the quarter ended December 31, 2006. Total Income has increased from Rs 1539.00 million for the quarter ended December 31, 2006 to Rs 2062.70 million for the quarter ended December 31, 2007.

Alok Industres FCCBs

Alok Industries Ltd has informed that with reference to issue of 1% - 1400 unsecured Foreign Currency Convertible Bonds (FCCBs) of USD 50000 each aggregating to USD 70.00 million issued and allotted in two tranches i.e. in May and June 2005.

The Company have received one conversion notice from the Paying, Conversion and Transfer Agent for conversion of 83 FCCBs of USD 50000 each aggregating to USD 4.15 million into equity shares. In terms of the Offering Circular dated May 26, 2005, the Company has at the meeting of the Executive Committee of Board of Directors held on January 24, 2008 has issued and allotted 28,77,911 equity shares of the face value of Rs 10.00 each for cash at a premium of Rs 61.5875 per share to the allotttee as an outcome of conversion of above referred FCCBs. By virtue of conversion of 83 FCCBs referred above, the number of FCCBs and amount outstanding stands at 650 and USD 32.50 million respectively.

The Company will make an application for listing of the above referred 28,77,911 equity shares shortly. By virtue of the above referred conversion of FCCBs into equity, the paid up equity share capital of the Company has increased from 17,72,78,468 equity shares of the face value of Rs 10/- each to 18,01,56,379 equity shares of the face value of Rs 10/- each.

Wyeth Q3FY08 Results

Wyeth Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 175.40 million for the quarter ended December 31, 2007 as compared to Rs 231.60 million for the quarter ended December 31, 2006. Total Income has increased from Rs 743.40 million for the quarter ended December 31, 2006 to Rs 879.10 million for the quarter ended December 31, 2007.

GPIL gets license for Iron Ore mines

Godawari Power & Ispat Ltd has informed that the Company has been granted prospecting license for Iron Ore mines over an area of 754.83 hectares land at Dhalli Rajhara Iron Ore Deposits in forest compartments bearing nos. 161, 166 and 168 in Durg District of Chhattisgarh.

The Mineral Resources Department, Government of Chhattisgarh vide its letter dated January 24, 2008, conveyed its the final approval of the Ministry of Mines, Government of India, New Delhi in respect of the above iron ore mines.

Zydus Cadila and Prolong Pharmaceuticals ink pact for collaboration in Drug Discovery and Development

Cadila Healthcare Ltd has informed that the Company has entered into pact for collaboration for development of a next generation therapeutic protein, 'PEG-EPO', for the treatment of severe anemia with Prolong Pharmaceuticals Inc., a US-based, venture-backed drug delivery research and development Company.

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

"Zydus Cadila, an innovative global pharmaceutical company, and Prolong Pharmaceuticals Inc., a US-based, venture-backed drug delivery research and development Company, have announced the collaboration for the development of a next generation therapeutic protein, 'PEG-EPO', for the treatment of severe anemia.

Severe Anemia, is a condition where the hemoglobin (Hb) level or number of circulating red blood cells (RBCs) is significantly reduced. This is common in chronic renal failure (CRF), cancer patients undergoing chemotherapy, some chronic inflammatory diseases, heart failure, surgical settings and critically ill patients. The first generation drug, EPO, did wonders to the treatment of this condition. However, new advances in therapy can improve EPO's therapeutic profile, offer greater convenience, and lower treatment costs. PEG-EPO promises to be a third generation drug.

The Zydus-Prolong pact seeks to increase productivity in the drug development of this next generation therapeutic protein by leveraging the combined strengths of both Companies. As per the agreement, both Companies will utilize Prolong's differentiated PEGylation technology to make PEG-EPO. This joint development will help in developing an optimized drug candidate with improved therapeutic properties. Both partners will also be equitably sharing risk and reward for this collaborative programme.

PEGylation is the only FDA-approved protein delivery technology that transforms proteins into superior drug products, by attaching a polyethylene glycol ("PEG") polymer to a therapeutic protein. This process results in an improved product with significantly enhance potency, fewer side effects, and a reduced dosing frequency.

Zydus Cadila will leverage its expertise in carrying out a focussed drug development programme, starting from pre-clinical candidate selection, filing of the Investigational New Drug, undertaking pre-clinical studies and human clinical trials and marketing it in mutually agreed upon territories globally. The collaborative programme will bring an edge to Zydus' global biologics strategy with the introduction of an improved biologic product.

"Prolong is excited about this unique development partnership with Zydus, given their focus and strong in-house capabilities on drug development," commented Dr. Abe Abuchowski, President and COO. "This collaboration will also enable Prolong to capitalize on the cost effective drug development capabilities that India offers". YES Bank was the strategic advisor to Prolong for the transaction.

Speaking on the occasion, Pankaj Patel, Chairman and Managing Director Zydus Cadila, mentioned "This deal marks Zydus's foray into the area of novel improved biologicals. There is a strong unmet medical need in this space, and we are committed to discover, develop and provide better as well as safer alternatives to patients at affordable prices."

PNB Q3FY08 Results

Punjab National Bank has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 5414.50 million for the quarter ended December 31, 2007 as compared to Rs 4298.70 million for the quarter ended December 31, 2006. Total Income has increased from Rs 32713.60 million for the quarter ended December 31, 2006 to Rs 41195.70 million for the quarter ended December 31, 2007.

GTL Q3FY08 Results

GTL Ltd has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit after extraordinary items of Rs 337.20 million for the quarter ended December 31, 2007 as compared to Rs 98.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2139.40 million for the quarter ended December 31, 2006 to Rs 3652.10 million for the quarter ended December 31, 2007.

The Audited Consolidated results are as follows:

The Group has posted a net profit after extraordinary items of Rs 406.70 million for the quarter ended December 31, 2007 as compared to Rs 208.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2927.00 million for the quarter ended December 31, 2006 to Rs 4546.10 million for the quarter ended December 31, 2007.

The figures for the quarter ended December 31, 2006 are Unaudited.