IBP Co EGM on April 12, 2002 to adopt alteration of Articles of Association

Pursuant to the Share Purchase Agreement executed on February 08, 2002, by & between the President of India, Indian Oil Corporation Ltd and IBP, the company is required to convene an Extra-Ordinary General Meeting within 60 days of the closing its Articles of Association. It may be pertinent to mention that 33.58% of the Government's holding had been transferred to Indian Oil Corporation Ltd and the Board of Directors of the company had also been re-constituted on the said date. The said EGM has accordingly been convened to be held on April 12, 2002.

D N Singh appointed as Wholetime Director of Shahi Shipping

Shahi Shipping Ltd has informed BSE that D N Singh as been appointed as wholetime director since January 29, 2002. The company has further informed that A N Kulkarni has been appointed as company secretary from February 21, 2002.

Knoll Q1 results on March 27, 2002

A meeting of the board of directors of Knoll Pharmaceuticals Ltd will be held on March 27, 2002 to consider and take on record the unaudited financial results for the quarter ended February 28, 2002.

Wipro Technologies completes the CRM integration project for Pepco Energy Services

Wipro Technologies announced on Wednesday that it has successfully completed the CRM integration project for Pepco Services of the US. The project is a major milestone in the Washington DC-based Pepco Energy Services CRM and business process initiatives. The Siebel/ABP integration project successfully completed by Wipro allows for the seamless exchange of information between Pepco Energy Services, its sales agents, its billing service provider (ABP host) and the many local utilities it exchanges information with. The project also has enabled several advanced features for their users resulting in faster and higher quality of customer service. The Siebel/ABP integration project allows for additional flexibility in creating multiple billing and service accounts for a single customer. This will be an important feature for commercial customers with multiple service addresses or for residential customers who own rental property at different addresses.

Navneet Publications commences Commercial Production at Silvassa Unit II of the Company

Navneet Publications India Ltd has informed BSE that the Company has set up a Unit II at Silvassa, a Union Territory for the manufacturing of the range of stationary products. The Company has commenced the commercial production of stationary products at the said Unit on March 15, 2002.

B Bowonder co-opted as an Additional Director of Danlaw Technologies

Danlaw Technologies India Ltd has informed BSE that the Board of Directors at its meeting held on March 18, 2002 co-opted Mr B Bowonder as an Additional Director on the Board. His appointment as Director will be placed before the members at the ensuing ninth AGM.

Soni Infosys successfully implements E-governance project

Soni Infosys Ltd a leading player in the enterprise computing and e-centric technology solutions market is pleased to announce a milestone success in the field of e-governance sector by setting up an integrated information system for Backward Class Welfare Department of West Bengal. The Company is empanelled with the Directorate of Information & Technology Govt of Maharashtra and Gujarat Informatics Ltd., as a Total Solutions Provider and is currently in the process of bagging turnkey projects pertaining to the computerization of two district collectorates encompassing activities such as single window system and land management information system to name a few. Talks are going with other leading state bodies in providing integrated information systems pertaining to construction and water resources management. The Company has issued 100,000 warrants of Rs 200 each on preferential basis to various corporate totalling to Rs 20 million to meet growing working capital requirements.

Mahindra & Mahindra announces VRS

Mahindra & Mahindra Ltd has informed BSE that as a part of company's efforts to make the organisation lean and efficient, streamline operations to improve cost structure cost structure and remain competitive, it has decided to announce a voluntary retirement scheme for its officers. The Scheme has been designed to achieve the overall reduction in the existing strength of the officers. The Scheme will be applicable to all permanent officers of the Company who have completed 40 years of age or put in minimum of 10 years of service.

Aurobindo Pharma allots equity shares/warrants to promoters

Aurobindo Pharma Ltd has informed BSE that the Board of Directors of the Company in its meeting held on has allotted 4,00,000 Equity Shares and 4,00,000 Share Warrants to the Promoters. Further it has also been planned to make series of allotments upto April 14, 2002 as per the subscription amounts received from various investors pursuant to the special resolution passed in the EGM held on January 15, 2002.

Satyam gets certified under BS 7799 International Information Security Standards

Satyam Computer Services Ltd has informed BSE that its Hyderabad based centres have been certified under the internationally recognized BS 7799 Part 2: 1999 Information Security Standards. The BS 7799 Part 2: 1999 certificate is issued by STOC, Directorate Ministry of Communications and Information Technology, Government of India, the accreditation authority for companies in India, which is the first certification body in the country to offer ISMS certification services. Besides this India will be the first Country in the world outside UK and Netherlands to offer such accredited certification services. Information security policies and controls are a vital means of protecting data and knowledge, housed in various forms and media across organisation. Many establishments have expressed the need to have a common standard on best practices for information security management. They would like to be able to implement information security controls to meet their business requirements as well as for their business relationships with other companies. These organisations see the need to share the benefits of common best practice at an international level to ensure that they can protect their business processes and activities to satisfy business needs. The guidance given in BS 7799 part2 1999 provides a single reference point for identifying the range of security controls needed for most situations where Information Systems are used in industry and commerce and may therefore be applied by a wide range of organizations, large, medium and small. BS 7799 Part2 1999 certification has given Satyam an internationally recognized structured methodology to evaluate, implement maintain and manage information security. Speaking about the achievement, A S Murty, Satyam's Director and Senior Vice President - HR and Chief information Security Office said, "Satyam recognizes that Business Continuity Management is vital in ensuring the continuity of services in the event of any disruption. One of the key components for this is the management of Information Resources. Therefore it is imperative that this resource is protected adequately so that it can continue to generate value in an increasingly competitive marketplace. Our proactive efforts in this direction through Information Security Management Systems Initiative and successful certification of Hyderabad unit to BS 7799 standards has become our USP. This certification gives an assurance to our customers, about our comprehensive Information security infrastructure.

Digital GlobalSoft HR Committee approves grant of stock options

The HR Committee of Digital GlobalSoft Ltd has approved 3000 stock options to be granted to its employees under the Employee Stock Option Plan, as on February 28, 2002.

BOB employee's associations/unions give notice for one day strike

Bank of Baroda has received a notice of one day strike on March 30, 2002 from 4 employees associations/unions, namely All India Bank of Baroda Officers Association, All India Bank of Baroda Employees Federation, All India Bank of Baroda Employees Co-ordination Committee & Eastern Regional Council of Bank of Baroda Employee's Association. The Regional Labour Commissioner is kept informed in the matter. The Bank is also initiating other necessary actions in this regard.

Dr Norton Peet to head Dr. Reddy's discovery services venture

Dr. Reddy's Laboratories has informed BSE that Aurigene Discovery Technologies a wholly owned subsidiary of Dr. Reddy's Laboratories has appointed Dr Noton P Peet as its Chief Executive Officer. Dr Peet will take charge on April 01, 2002. Announcing the appointment G V Prasad Executive Vice Chairman and CEO of Dr. Reddy's Laboratories said " Dr Peet brings a rich background of technical drug discovery experience and organisational skills in this critical leadership position at Aurigene. Having led drug discovery in both large pharmaceuticals as well as focused drug discovery organisation he brings an important breadth of perspective that will be vital to the success of Aurigene as a partner organisation to other pharmaceutical and biotechnology companies" In a separate development Dr Reddy's announced that it has filed a New Drug Application (NDA) for Amlodipine Maleate under Section 505 (b) (2) of the Federal Food, Drug and Cosmetic Act.

21st Century tution centres enter India with STG

Software Technology Group International Ltd has informed BSE that it has entered into an exclusive partnership with Bangalore based Edurite Technologies to introduce state-of-the-art, computer aided tuition centres for high school students in classes ix - xii. To be launched simultaneously in 15 states, STG expects 500 centres to be functional nationwide by the end of academic year starting April 2002. Phase I of the roll out will see Mindpower centres in Delhi, Himachal Pradesh, J&K, U P, Uttaranchal, Bihar, Jharkhand, Orissa, M P, Chattisgarh, Rajasthan, Punjab, Haryana, West Bengal and Karnataka. Phase2, which is slated for completion by March 2003, will extend Mindpower to Gujarat, Maharashtra and TamilNadu. While STG will provide infrastructure & personnel for each centre, Edurite will act as the content partner and will develop the learning solutions on CDs in accordance with CBSE, ICSE and state board curriculum. Speaking on new initiative Yogesh Vaidya Chairman STG said "Today education has become such a competitive field that even the school results play a significant role in deciding an individuals future. However the models of learning have undergone a radical change, STG offers individuals an opportunity to maximize their learning experience by using computer-aided solutions. Mindpower centres will not only revolutionalise the education system but will also give the student that special competitive edge"

Gujarat Gas signs an agreement for procuring additional gas supplies

Gujarat Gas Company Ltd has informed BSE that it has signed an agreement for procuring additional gas supplies from Cairns Energy and partners. These supplies were to begin originally in July 2002 and were subsequently deferred by 3 months. Further the Company has received fresh intimation from Cairns Energy that they would be in a position to begin supplies from August 15, 2002

Bihar Caustic & Chemicals Board approves issue of equity shares on rights basis

Bihar Caustic & Chemicals Ltd has informed BSE that the Board at its meeting held on Wednesday approved the issue of 1,56,00,000 Equity Shares of Rs 10 each on a rights basis to the shareholders in the ratio of two shares for each share held in the Company.

Jammu and Kashmir Bank Board approves proposal for becoming Depository Participant of CDSL

Jammu and Kashmir Bank Ltd has informed BSE that the Board of Directors of the Bank has approved the proposal for becoming the Depository Participant of CDSL and accordingly an application is being made to CDSL for becoming their Depository Participant.

Trading resumes in Shree Yaax Pharma

BSE has informed the members of the exchange that dealings in the securities of Shree Yaax Pharma and Cosmetics Ltd can now be resumed with effect from Wednesday. BSE had earlier informed the members of the exchange that not to deal in the securities of the above-mentioned company on account of non-compliance of listing requirements regarding intimation of dates of closure of Registrar of Members / Record Dates to the Exchange. The trading will be resumed on trade to trade basis.

Sica Breweries Board to fix record date for allotment of equity shares of Skol Breweries

Sica Breweries Ltd has informed BSE that a meeting of the Board of Directors will be held on March 26, 2002 to consider inter alia the fixing of the record date for the purpose of ascertaining the shareholders of the Company who are entitled to the allotment of equity shares & preference shares of Skol Breweries Ltd the transferee Company pursuant to the Scheme of amalgamation, approved by the Honorable High Court at Chennai

Mahindra & Mahindra members approve scheme of arrangement

Mahindra & Mahindra Ltd has informed BSE that at the Court convened Meeting of Equity Shareholders of the Company held on March 18, 2002 a poll was conducted for the purpose of considering and if thought fit, approving with or without modification: The scheme of arrangement of e-Mahindra solutions Ltd, Mahindra Auto Specialities Ltd, Mahindra Alternative Technologies Ltd and Mahindra Information Technology Services Ltd with Mahindra & Mahindra Ltd and Passing a Special Resolution for utilisation of Share Premium Account. Both the aforesaid resolutions have been passed with overwhelming majority in number and value (99.99%) by, the Equity Shareholders present at the meeting and voting in person or by proxy.

BILT Q3 results on April 22, 2002

A meeting of the Board of Directors of Ballarpur Industries Ltd has been convened on April 22, 2002 for considering and taking on record the unaudited financial results for the quarter ending March 31, 2002.

Cummins to announce VRS

Cummins India Ltd intends to announce a Voluntary Retirement Scheme for its employees. Similarly, Cummins Diesel Sales and Service India Ltd, subsidiary of Cummins India Ltd, also intends to announce the scheme for its employees. The schemes are being finalised and likely to be announced on March 25, 2002.

J B Chemicals bags first award for outstanding export performance

J B Chemicals & Pharmaceuticals Ltd has informed BSE that the Company has been selected by Chemexcil as recipient of "First Award" for pharmaceuticals under the category of Large Scale Manufacturers for outstanding Export performance for the year 2000-2001. During the year 2000-2001 the Company had recorded a stupendous export growth of over 63% to Rs 1124.5 Million from Rs 688.3 Million in 1999-2000. Exports accounted for over 47% of total sales. The Company has already established an export market for its bulk drugs and formulation and has been taking keen interest for developing new export market for its products and to increase exports. The Company exports its products to around 35 countries across 5 continents and has representative offices in Russia and Ukraine.

Haryana Breweries Board to fix record date for allotment of equity shares of Skol Breweries

Haryana Breweries Ltd has informed BSE that a meeting of the Board of Directors will be held on March 27, 2002 to consider inter alia the fixing of the record date for the purpose of ascertaining the shareholders of the Company who are entitled to the allotment of equity shares of Skol Breweries Ltd the transferee Company pursuant to the Scheme of amalgamation, approved by the Honorable High Court at Chandigarh

NRB Board to consider proposal to merge NRB Torrington with the Company

NRB Bearings Ltd has informed BSE that the Board of Directors of the Company will meet on March 25, 2002 to consider the proposal to merge NRB Torrington Ltd into NRB Bearings Ltd

Strike call given by Corporation Bank Officer's Organisation

Corporation Bank has informed BSE that its Officer's Organisation has given a call for Bank wide Strike on March 30, 2002 (March 31, 2002 for Saturday holiday branches). In view of this, it is likely that normal functioning of large number of branches may get affected

Lock out lifted at Punjab Fibres' Surajpur Industrial Area unit

Punjab Fibres Ltd has informed BSE that the company has lifted the lockout from its plant situated at B-2, Phase-II, Surajpur Indl. Area (Near Noida), Distt.Gautam Budh Nagar, UP on March 6, 2002.

Vidhi Dyestuffs declares second interim dividend

Vidhi Dyestuffs Mfg. Ltd has informed BSE that the Board of Directors at their meeting held on March 19, 2002 have declared a second interim dividend at 15% (i e Rs 1.50 per share) for the year 2001-2002. The record date for the same is March 20, 2002.

Aftek Infosys to seek members approval for issue of securities including GDR/ADR

Aftek Infosys Ltd has informed BSE that at the meeting of the Board of Directors of the Company held on March 19, 2002 it has been decided to convene an Extra-Ordinary General Meeting of the Shareholders of the company on April 15, 2002 for empowering the Board of Directors to issue and allot securities including GDR/ADR on public/right issue/private placement basis etc. for an aggregate sum of US $ 20 millions or equivalent thereto in Indian/other currencies. It has also been decided to obtain approval of shareholders to the proposed increased of Authorized Share Capital of the Company from Rs 70 million to 100 million.

CRISIL assigns P1+ rating to Bayer India' short-term debt program

Bayer India Ltd has informed BSE that CRISIL has assigned a P1+ rating to the Rs 500 million short-term debt program of the company.

Syngenta denies news item

With reference to a news item appearing in a leading financial daily quoting "Syngenta up on buyback talk" Syngenta India Ltd has informed BSE that no such proposal is under consideration of the Company for the present.

LML denies news item

With reference to the news article titled, " Alliance talks lifts LML" appearing in a leading financial daily, LML Ltd has informed BSE that the aforesaid news item is not correct