Hacked by islam_Bey imhatimi.org

Ansal Housing & Construction Ltd has informed BSE that, on July 20, 2008 the Company launched a new Project named “Ansals Elegance”, at Aavantika Extn. Ghaziabad (UP). This is a Group Housing Project at Aavantika Extn, Ghaziabad (UP).

The Group Housing project will have in-house amenities like Entrance Gate with Security, Community Hall, Pool and Kid’s Pool, Club and Commercial, Convenient Shops, Entry to Lift Lobby, Tennis Court, Children Play area etc. The Company will now undertake all the development and marketing work of the project. The Project is expected to have a turnover of approx. 50 crores and will be completed in over 2 years approximately.

Bhoruka Aluminium Ltd has informed BSE that the members at the 28th Annual General Meeting (AGM) of the Company held on July 21, 2008, inter alia, have approved the following:

1. The Balance Sheet as at March 31, 2008, the Profit & Loss Account and Cash flow statement the year ended on that date and Directors’ and Auditors’ Report thereon on the same date were adopted.

2. Mr. Prabir Chakravarti, Director of the Company who retired by rotation was re-appointed.

3. Dividend @ 12% on the paid-up value of the share capital was approved.

4. M/s. R S Agarwala & Co., Chartered Accountants, Auditors of the Company were re-appointed.

Tech Mahindra Ltd has announced the following Audited results for the quarter ended June 30, 2008:

The Company has posted a profit after tax of Rs 2543.60 million for the quarter ended June 30, 2008 as compared to Rs 1719.00 million for the quarter ended June 30, 2007. Total Income has increased from Rs 8525.80 million for the quarter ended June 30, 2007 to Rs 11257.30 million for the quarter ended June 30, 2008.

The Consolidated results are as follows:

The consolidated results for the Quarter ended June 30, 2008

The Group has posted a profit after tax, minority interest & prior period income of Rs 2585.40 million for the quarter ended June 30, 2008 as compared to Rs 1702.60 million for the quarter ended June 30, 2007. Total Income has increased from Rs 8893.90 million for the quarter ended June 30, 2007 to Rs 11424.70 million for the quarter ended June 30, 2008.

Tech Mahindra Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2008, inter alia, has issued and allotted a total of 70,245 equity shares of Rs 10/- of the Company, on exercise of stock options as under:

- 8,900 equity shares, on exercise of stock options under Employee Stock Option Plan 2000 (ESOP 2000)

- 61,345 equity shares, on exercise of stock options under Employee Stock Option Plan 2006 (ESOP 2006).

JM Financial Consultants Pvt Ltd (”Manager to the Offer”) on behalf of SKR BPO Services Pvt Ltd (”Acquirer”) & Blackstone GPV Capital Partners Mauritius V-B Ltd, Blackstone GPV Capital Partners Mauritius V-B Holding Ltd, The Blackstone Group L P & SKM Technology Ventures Pvt Ltd being Persons Acting in Concert with the Acquirer (”PACs”) and Intelenet Global Services Pvt Ltd being the Deemed Person Acting in Concert (”DPAC”) has issued this Post Offer Public Announcement to the shareholders of Sparsh BPO Services Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Public Announcement (”PA”), under the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 (”Regulations”) to acquire up to 20% of the Voting Capital of the Target Company at price of Rs 200 per fully paid up equity share, payable in cash.

Details of the Acquisition:

* Whilst the Acquirer held no shares in the Target Company prior to the Share Purchase Agreement dated June 16, 2007 (”Agreement”) or the Public Announcement, Intelenet Global Services Pvt Ltd, the DPAC held 8,235,225 shares representing 51% of the Target Company prior to such dates.

** The Agreement was signed for acquiring 100% of the equity share capital of Intelenet Global Services Pvt Ltd, which is the holding company of the Target Company & the Agreement consequently did not result in any direct shareholding of the Acquirer in the Target Company.

*** In addition to the Acquirer, Intelenet Global Services Pvt Ltd, the DPAC continues to hold 8,235,225 equity shares of the Target Company representing 51% of its equity share capital.

i-flex Solutions Ltd has informed BSE regarding a Press Release dated July 21, 2008 titled “DIB Implements Oracle’s FLEXCUBE”

Press Release:

“Dubai Islamic Bank (DIB) and i-flex solutions announced that it has adopted FLEXCUBE Islamic Banking across all its branches and Networks. Oracle’s FLEXCUBE, a revolutionary banking system, will provide more comprehensive solutions covering all areas of banking transactions. It will provide customers with greater flexibility, faster processing and a more personalised service.

As a result of the new system, bank customers can now perform a range of transactions from any of the bank branches irrespective of where their account is lodged. In addition, the bank will be able to provide more customised services, achieve a quicker and more cost-effective launch of future products and lower costs for future products.

“As the world’s first Islamic bank and a leader in the Islamic finance industry, we have strived to maintain our industry leadership through innovative and superior systems and offerings.” said Musabah Al Qaizi, Head of Electronic Banking Service Department. “Our new technical platform is in line with this commitment and will provide a much more personalised and versatile platform for our customers.”

Oracle’s FLEXCUBE is a complete banking product suite covering all areas of banking needs, including retail, corporate and investment banking, and is in line with internationally recognised standards.

Nadeem Bucheri, Head of Information Technology Department said, ‘We have been working on implementing FLEXCUBE for 20 months and we are now pleased to announce that this has been deployed across our entire network. This system empowers us with a comprehensive Islamic banking platform and enables us to offer leading edge Islamic products and services. In addition, it provides us with greater agility for future product development.”

S Sundarajan, Customer Fulfilment, Senior Vice-President, Banking Products, i-flex solutions said: “We are very happy that DIB has gone live on FLEXCUBE. Our association with DIB, one of the oldest and most respected Islamic banks, is an acknowledgement of FLEXCUBE’s ability to meet Sharia requirements. We are confident that this implementation will enable DIB to meet the expectations of its customers for Islamic banking products that compare in innovativeness and versatility with the best that conventional banking can offer.”

United Spirits Ltd has informed BSE that the Hon’ble High Court of Judicature at Bombay has sanctioned the Scheme of Amalgamation of Shaw Wallace & Company Ltd (”SWC”) and Primo Distributors Pvt Ltd (”Primo”) with United Spirits Ltd (”the Scheme”) on July 18, 2008 in so far it relates to the amalgamation of Primo with the Company. The Scheme has already been sanctioned by the Hon’ble High Court of Karnataka at Bangalore vide Order dated the May 29, 2008. The Scheme is now pending sanction of the Hon’ble High Court at Calcutta.

Cochin Malabar Estates & Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 29, 2008, inter alia, to transact the following business:

1. Approval of Quarterly results for the first Quarter ending on June 30, 2008 relevant
to financial year 2008-09.

2. To approve Accounts for the financial year ending March 31, 2008 (i.e. 2007-08).

Further the Company has informed that, since the Company is having an accumulated carried forward loss of more than Rs 36 crore, there is no prospect of any dividend being declared.

Surya Roshni Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2008, inter alia, has approved the following:

1. Enhancement of working capital limits from Rs 265 crores to 325 crores of the Company.

2. Accepted the resignation of Shri. Basu Dev Agarwal, Managing Director of the Company with immediate effect. However, they still be the part of Board.

3. Shri. J P Agarwal, Joint Managing Director of the Company has been re-designated as Managing Director of the Company with immediate effect.

Andhra Bank has informed BSE that the Government of India, Ministry of Finance, Department of Financial Services, New Delhi, vide Gazette of India Notification dated July 14, 2008, in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-Clause (1) of clause 3 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, has nominated Shri. Rajib Sekhar Sahoo, as part-time non-official Director on the Board of Andhra Bank for a period of three years with effect from the date of his appointment i.e., July 14, 2008, until further orders.