Jamshri Ranjitsinghji Board to consider Right Issue

Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd has informed Indian Stock Market that a meeting of the Board of Directors of the Company will be held on August 25, 2008, to consider the issue of Right Shares to the Shareholders of the Company.

Abbott India - Updates on Buy back Offer

Abbott India Ltd ("Target Company") has issued this Addendum Public Announcement to the Shareholders in connection with the buyback ("Buyback") of 7,97,500 Equity Shares ("Buyback Shares") of Rs 10 each ("Shares") at a price of Rs 630/- per share.

Jolly Board fixes Record Date for Bonus Issue

Jolly Board Ltd has informed Indian stock market that October 01, 2008 has been fixed as the Record date for the issue of 4 (four) fully paid Bonus Equity Shares for 1 (one) existing Equity Shares.

Equity News Today

• REL MF raises corporate governance issues with Novartis India - ET
• Finmin has asked DoT to put 3G policy on hold - ET
• Gremach Infra drags Google to court over blog spot campaigning against co - ET
• United Breweries seeking approval to raise further debt to fund loss making subsidiary, Deccan Aviation - ET

GS Auto fixes Record Date for Stock Split

GS Auto International Ltd has informed stock market that August 27, 2008 has been fixed as the Record Date for the purpose of Sub-division / stock split of the Equity Shares of the Company, from the face value of Rs 10/- (Rupees Ten) per share, into two Equity Shares of the face value of Rs 5/- (Rupees Five) each.

Provogue India Board approves Subdivision of equity shares

Provogue India Ltd has informed stock market that the Board of Directors of the Company at its meeting held on August 13, 2008, has considered and approved Sub division of one equity share of Rs 10 each into 5 equity shares of Rs 2 each subject to the approval of shareholders at the ensuing Annual General Meeting and other regulatory approvals.

Stock Market News Today

• RIL to start output from KG basin in second half of Sept - BL
• i-flex bags $90m deal from National Australian Bank - ET
• Steel prices may rise 5% once freeze ends - DNA
• Govt to track sovereign wealth fund investments - FE
• Federak Mogul is learnt to have acquired 51% stake in Delhi based Perfect Circle - ET
• Colgate to have fewer pack sizes to combat high input costs - Mint

Wire & Wireless Board to consider Rights Issue

Wire & Wireless India Ltd has informed stock market that a meeting of the Board of Directors of the Company will be held on August 20, 2008, to consider issue of further shares on a rights basis to the equity shareholders of the Company.

Biocon fixes Record Date for Bonus Issue

Biocon Ltd has informed stock market that the members at the Annual General Meeting of the Company held on July 18, 2008 approved the issue of Bonus Shares in the ratio of one fully paid equity share for every equity share held in the Company.

Further to the same, the Board has fixed September 12, 2008 as the record date.

News Today

• SEBI set to fine 7 i-bankers for shoddy work in IPOs like Yes Bank and IDFC- ET
• Govt reject foreign investment proposal of Russian telecom major Altimo - ET
• Quippo Tele raise $185m from PE players - ET
• Panacea Bio bags $35m deal from Unichef to supply pentavalent vaccines - ET
• Monnet Ispat close to buying an Indonesian coal mining co for $50m - ET
• Commercial rentals down 15% across India - ET
• Govt lines up more firms for IPO including Satluj Jal Vidyut, Mangenese Ore and Cochin Shipyard by March next year - BS

Ram Informatics - Order from Information Technology & Communication (IT&C) Department

Ram Informatics Ltd has informed the stock market that the Company have received an order from IT&C Department (eGovernance), Government of Andhra Pradesh for Support of Social Benefit Management System (SBMS) Application Software for a period of Three years.

Exdon Trading Board to consider Bonus Issue

Exdon Trading Company Ltd has informed the stock market that a meeting of the Board of Directors of the Company will be held on August 18, 2008, discuss and decide on the proposal of to make a Bonus Issue of Equity Shares.

Simplex Trading Board to consider Bonus Issue

Simplex Trading & Agencies Ltd has informed the stock market that a meeting of the Board of Directors of the Company will be held on August 18, 2008, consider the proposal to make a Bonus Issue of Equity Shares.

News Today

• Hero Honda and SREI Infra acquires stake in NSE from SCHIL and IFCI respectively at Rs 3500/sh - ET
• LN Mittal have evinced interest in acquiring SpiceJet - DNA
• Orchid promoters exploring ways to buy-back shares Ranbaxy - BS
• IT firms put brakes on campus hiring; some are even withdrawing offer letters - HT
• M&M plans to list its newly formed 2-wheeler venture to unlock value - ToI
• Govt rejects SocGens JV plans with SBI for custodian and depository services after RBI raises concerns about securities in Europe - ET
• Nahata-Dhoot talks failed over Datacom stake - BS
• Banks cut car loan rates by 2% to pump up sales, cuts dealer commission - ET

SE Investments Board approves Stock Split

SE Investments Ltd has informed the stock market that the Board of Directors of the Company at its meeting held on August 09, 2008, has considered and approved to split / sub-divide the existing one equity share of the face value of Rs 10/- each into 10 equity shares of the face value of Rs 1/- each consequently, the Authorised Share Capital of the Company be and is hereby altered from the existing Rs 3,50,00,000/- divided 35,00,000 equity shares of Rs 10/- each to Rs 3,50,00,000/- divided 3,50,00,000 equity shares of Re 1/- each with effect from the record date to be determined by the Board of Directors of the company for the purpose.

Sanwaria Agro Board recommends Bonus Issue & Dividend

Sanwaria Agro Oils Ltd has informed the stock market that the Board of Directors of the Company at its meeting held on August 08, 2008, has decided the following:

1. To recommend the dividend on equity shares @ 30%, Rs. 0.30 Per Share to Equity Share holders of the Company.

2. To recommend the bonus in the ratio of 1:1 to Equity Share holders of the Company.