Dr Reddys - Allotment of equity shares & ADRs to Employees on exercise of ESOP
Dr Reddys Laboratories Ltd has announced that pursuant to Dr. Reddy’s Employees Stock Option Scheme, 2002, the Compensation Committee of the Company has allotted 2,870 equity shares of Rs 5 each of the Company on May 03, 2008, to Employees who have exercised their Stock Options. Continue reading this post…

Ram Informatics receives order for Election Photo Identity Cards
Ram Informatics Ltd has announced that the Company has received an order from Chief Electoral Officer, Government of Andhra Pradesh for Election Photo Identity Cards for the district of Srikakulam. Continue reading this post…

Parsvnath Developers - First Luxury Mall in Luteyen’s Delhi
Parsvnath Developers Ltd has announced with respect to acquisition of a plot of land situated at 27, Kasturba Gandhi Marg, New Delhi- 110001 through its recently formed subsidiary viz. Primetime Realtors Pvt. Ltd. for developing a luxury Mall. Continue reading this post…

Reliance Power acquires Coal Mines in Indonesia
Reliance Power Ltd has announced that Reliance Coal Resources Pvt Ltd, a wholly owned subsidiary of Reliance Power Ltd has entered into a definitive agreement to acquire 100 per cent Continue reading this post…

ELF Trading Board approves Bonus Issue
ELF Trading & Chemicals Manufacturing Ltd has announced that the Board of Directors of the Company at its meeting held on May 02, 2008, has considered and approved the proposal for issue of bonus shares to all categories of shareholders, excluding the promoter group in the ratio of 3 shares for Continue reading this post…

Aztecsoft - MindTree to Acquire Majority Equity Interest in Aztecsoft Ltd
Aztecsoft Ltd has announced that the Company has received intimation from MindTree Ltd (”the Company”) that in the Board Meeting of MindTree Ltd held on May 02, 2008, they have considered and unanimously approved the proposal to acquire 14,655,280 equity shares of Rs 3 each of Aztecsoft Ltd (”Aztecsoft”) constituting 32.57% of the voting capital of Aztecsoft on the date of this notice, Continue reading this post…

Infosys Technologies to set up campus in Kolkata

Infosys Technologies Ltd today announced its plans to set up a new development centre at Kolkata. The campus will see an investment of Rs 500 crore and will create more than 5,000 jobs Over a period of time.

The Honorable Chief Minister of West Bengal. Mr. Buddhadeb Bhattacharjee met with Mr. S Gopalakrishnan, CEO, Infosys Technologies and Mr. Mohandas Pai, Member of the Board, Infosys Technologies. Continue reading this post…

Dish TV Rights Issue
Dish TV Board approves Rights Issue

Dish TV India Ltd has announced that the Board of Directors of the Company at its meeting held on April 24, 2008, inter alia, have approved the issue of shares on Rights Basis to the Shareholders of the Company, upto Rs 1200 Crores. Continue reading this post…

HDFC Bank Board recommends dividend

HDFC Bank Ltd has announced that the Board of Directors of the Bank at its meeting held on April 24, 2008, inter alia, has recommended dividend of Rs 8.50 per equity share of Rs 10/- each (i.e. 85%) out of the net profits Continue reading this post…

Indiabulls Financial Board recommends dividend

Indiabulls Financial Services Ltd has announced that the Board of Directors of the Company at its meeting held on April 24, 2008, inter alia, has recommended a dividend of Rs 8.50 per Equity Share (425% on the face value of Rs 2 per Equity Share) for the financial year ended March 31, 2008, subject Continue reading this post…