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Birla Corporation revises price band for right issue
The Board of Birla Corporation Ltd. has reviewed proposed rights issue and has decided to issue right equity shares within a price band of Rs.16/- to Rs.19/- (inclusive of premium) in the ratio of 2:5.

Infosys grants options under Stock option Plan
Infosys Technologies Ltd has informed BSE that the compensation committee of the Board of Directors of the company has in resolution by circulation dated November 13, 2000 granted a total of 31,800 Stock Options under the 1999 stock option plan excersiable for equity shares and a total of 24,300 ADS linked Stock Options under the 1998 ADS Stock Option Plan excersiable for ADSs to the employees of the company who were found eligible as determined by the committee.

Elbee Services to transfer its travel division
The Board of Elbee Services Ltd. has decided to transfer the travel division of the company to its wholly owned subsidiary M/s. Elbee World Travels Ltd.

Surya Roshni to increase investment in subsidiary
The Board of Surya Roshni Ltd. has decided, subject to necessary approval from IDBI and other Institution:
1. Further investment of US $ 650000 (approx. Rs.30/- million) for good business prospect in the Surya Roshni Inc., USA a wholly owned subsidiary of the company. And more...

Labour trouble at New India Industries
New India Industries Ltd. has informed BSE that, the company is facing labour problems at its Registered office at Vadodara.

Asian Paints acquires business of Pacific Paints
Asian Paints has acquired the entire paints business of Pacific Paints of Australia.

SSI Technologies launches SecuraBTS
SSI Technologies, the software development and consulting division of SSI has announced the launch of SecuraBTS, a front-end trading system for brokerage houses.

Mac Charles to issue shares on preferential basis
The Board of Directors of Mac Charles India Ltd at its meeting held on November 10, 2000 has considered the following matters.
1. The Board has presented a proposal to declare interim dividend @15% on the equity share capital for the financial year 2000-01 subject to shareholders approval. And more...

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