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| Titan Industries Q1 results on July 30, 2001 |
| A meeting of the Board of Directors of Titan Industries Ltd is scheduled to he held on July 30, 2001 to consider the Unaudited Financial Results for the first quarter ended June 30, 2001.
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| Burroughs Wellcome Q2 results on July 27, 2001 |
| Burroughs Wellcome (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 27, 2001 to consider amongst other things, approval of unaudited financial results of the Company for the quarter ended June 30, 2001.
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| Mehernosh Kapadia is new Vice President of Indian Rayon |
| Indian Rayon and Industries Ltd has informed BSE that Mr. Mehernosh H.Kapadia has been appointed as the Vice President & Company Secretary of the Company. The said appointment is with effect from June 22, 2001.
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| PSI Data H1 results on July 23, 2001 |
| A meeting of the Board of Directors of PSI Data Systems Ltd will be held on July 23, 2001 at Bangalore to consider among other things, the unaudited financial results of the company for the half year ended June 30, 2001.
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| ICICI Bank to consider Q1 results on July 21, 2001 |
| A meeting of the Board of Directors of ICICI Bank Ltd is scheduled to be held on July 21, 2001 to among other things, consider and take on record the accounts for the quarter ended June 30, 2001.
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| P G Mankad resigns as Director of ICICI |
| In a communication issued to BSE, ICICI Ltd has informed that Shri P.G. Mankad, Secretary, Ministry of Industry, Department of Industrial Policy & Promotion, Government of India has resigned as a Director of ICICI Ltd with effect from July 1, 2001.
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| Indo Gulf Corporation clarifies on news item |
| With reference to news article appearing in a leading financial daily titled "Four Companies left in fray for NFL selloff" with respect to NFL disinvestment, Indo Gulf Corporation Ltd has informed BSE that the Company has initiated the due diligence process. The Company has however stated that it has not finalised anything in this matter.
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| Pentamedia Graphics denies news article |
| With reference to a news article appearing in a leading financial daily titled "GDR to ADR: Pentamedia looks at conversion route to the US" Pentamedia Graphics Ltd, in a communication issued to the BSE, has stated that the information as appeared in the news paper is only a thought process and has not even been discussed at the Board level till date.
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| JBCPL bags certificate of suitability for Nifedipine |
J B Chemicals & Pharmaceuticals Ltd (JBCPL) has informed BSE that Unique Chemicals (A division of the Company) manufacturing and marketing Bulk Drugs has been awarded another Certification from European Union. European Directorate for the Quality of Medicines (EDQM) has awarded Certificate of Suitability to European Pharmacopoeia Monograph for Nifedipine EP manufacture by Unique Chemicals.
JBPCL is the first and only Indian and Asian Company to obtain this prestigious certification for Nifedipine.
The Company has bagged already similar EU Certifications for another two bulk drug products manufactured by it viz. Metronidazole & Diclofenac Sodium. All these Active Pharmaceutical Ingredients (APIs) are manufactured in the company's state-of-the art cGMP compliant manufacturing plants. The Certificate of Suitability issued by European Directorate endorses the quality system followed and technological competence of the Company.
The award of aforesaid three EU Certifications will enable the Company to accelerate its exports to Quality conscience European Union significantly.
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| M & M announces VRS for select categories of workmen |
| Mahindra & Mahindra Ltd has informed the BSE that in order to obtain utilisation of existing labour force and increase the level of productivity among its workmen, the Company has announced a Voluntary Retirement Scheme (VRS) applicable to select categories of permanent workmen of the Company.
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| Exide Industries Q1 net profit down by 48.22% |
| Exide Industries Ltd has reported a net profit of Rs 36.40 million for the quarter ended June 30, 2001 as against Rs 70.30 million for the quarter ended June 30, 2000. Total Income for JQ 2001 is at Rs 1765.90 million as against Rs 1589.20 million for JQ 2000.
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| Wockhardt Q2 results on July 30, 2001 |
| The meeting of the Board of Directors of Wockhardt Ltd is scheduled to be held on July 30, 2001 for approving the unaudited results of the Company for the quarter ended June 30, 2001
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| Gujarat Narmada Valley Fertilizers Co Ltd has informed BSE that Dr. P.K.Das has ceased to be a Director of the Company vide resignation.
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| NIIT Q3 results on July 19, 2001 |
| A meeting of the Board of Directors of NIIT Ltd is scheduled to be held on July 19, 2001 to consider and take on record the Unaudited Financial Results of the Company for the quarter ended June 30, 2001
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| ITC Q1 results on July 20, 2001 |
| A meeting of the Board of Directors of ITC Ltd is scheduled to be held on July 20, 2001 to consider and take on record the unaudited financial results of the Company for the quarter ended June 30, 2001.
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| Tisco Q1 results on July 18, 2001 |
| A meeting of the Board of Directors of Tata Iron & Steel Company Ltd is scheduled to be held on July 18, 2001 to consider the unaudited results of the Company for the quarter ended June 30, 2001.
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| UTI Bank Q1 net up by 57.61% |
UTI Bank Ltd has posted a net profit of Rs 253.60 million for the quarter ended June 30, 2001 as compared to Rs 160.90 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is higher at Rs 3672.70 million as against Rs 1985.70 million for the quarter ended June 30, 2000.
The Bank has reported that the Provision & Contingencies include general provisions for standard assets as well as NPAs. Significantly, higher provisions have been made, over and above the level required by RBI, as a matter of prudence.
The Bank is in the process of raising additional Tier I capital.
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| Hoganas India Q1 net down by 26.97% |
Hoganas India Ltd has posted a net profit of Rs 6.71 million for the quarter ended June 30, 2001 as compared to Rs 9.19 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is lower at Rs 72.15 million as compared to Rs 80.87 million for the quarter ended June 30, 2000.
Interest Expenditure is down from Rs 0.81 million in JQ 2000 to Rs 0.05 million in JQ 2001.
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| ICICI Q1 results on July 27, 2001 |
| A meeting of the Board of Directors of ICICI Ltd is scheduled to be held on July 27, 2001 to consider the audited financial results for the first quarter ended June 30, 2001.
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| Washington Softwares Board to consider Bonus issue |
A meeting of the Board of Directors of Washington Softwares Ltd is scheduled to be held on July 13, 2001 to consider, among other things, the issue of Bonus shares to the existing fully paid shareholders.
The aforesaid meeting will also consider fixing the record date for the issue of bonus shares.
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| Moonstar Investments to seek shareholders approval for scheme of amalgamation |
| Moonstar Investments Ltd has informed BSE that, Hon'ble High Court of Judicature at Mumbai has directed that the meeting of the equity shareholders of the company be held for the purpose of considering the scheme of amalgamation of Mediline Equipments & Computer Systems (I) Ltd. with the company. Accordingly, said meeting will be held on July 26, 2001.
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| Tata Power Q1 results on July 30, 2001 |
| A meeting of the Board of Directors of Tata Power Co. Ltd is scheduled to be held on July 30, 2001 to consider and take on record the Unaudited Financial Results for the quarter ended June 30, 2001.
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| BSE to shift 14 scrips from 'Z' to 'B2' Group |
BSE has informed members of the exchange that the securities of the following companies will be shifted from "Z" Group to "B2" Group with effect from July 16, 2001.
Sr.No Name of the company Scrip Codes
1. Ankur Agencies Ltd. 1421
2. Bombay Polymers Ltd. 6313
3. Centron Industrial Alliance Ltd. 9499
4. Dera Paints & Chemicals Ltd. 23782
5. GTCL Mobile-Com Technology Ltd. 32080, 532080
6. Indo-French Biotech Enterprises Ltd. 19538, 519538
7. Insul Electronics Ltd. 12179
8. Maharashtra Polybutenes Ltd. 24232
9. Mefcom Agro Industries Ltd. 11276, 511276
10. Narmada Macplast Drip Irrigation Systems17431, 517431
11. Nature Agro Foods Ltd. 19168, 519168
12. Neha International Ltd. 19560
13. Pacific Cotspin Ltd. 31118, 531118
14. Transpower Engineering Ltd. 17282
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| Hughes Software Q1 net up by 101.07%, Net Sales up by 77.09% |
Hughes Software Systems Ltd has posted a net profit of Rs 187 million for the quarter ended June 30, 2001, a 101.07% increase over the corresponding quarter of last year (Rs 93 million in Q1 of 2000-01). The Company, for the quarter, has reported a Sales of Rs 634 million, a 77.09% increase over the corresponding quarter last year (Rs 358 million in Q1 of 2000-01).
The Other Income for the current quarter was Rs 32 million as compared to Rs 26 million for the JQ 2000.
The Board of Directors in their meeting held on July 10 2001 have recommended to the members an increase in the FIIs Investment limit for 24% to 49% of the paid up capital of the company.
Pradman Kaul, Chairman of HSS said " We are pleased with our revenue and earnings this quarter when compared to the first quarter of last year. While the overall market continues to be difficult, we remain optimistic about meeting our historic growth targets. Our ability to help our customers (major telecom equipment manufacturers) bring their products to market faster and at a lower cost continues to be the key to our success in this market."
The new order input during the quarter kept pace with the revenues and the company closed the quarter with an order back log of about US$ 22 million. During the quarter, the company added 11 new customers including DirecTV, General Motors and a further increase in business from Johnson Controls, Lucent and NEC. The company demonstrated its products at major international trade shows including VoN Europe and Supercomm 2001.
The revenue mix for the company for the quarter comprised of 36% of the sales coming from Services for Hughes Network Systems (HNS), 37% from Professional Services and 27% from Products.
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| Satyam Computer Q1 PAT up by 141.15% |
Satyam Computer Services Ltd has posted profit after tax of Rs 1214.64 million for the quarter ended June 30, 2001 as compared to Rs 503.68 million for the corresponding period last fiscal. Net Sales for the quarter ended June 30, 2001 is at Rs 4119.03 million as compared to Rs 2333.80 million for the quarter ended June 30, 2000.
Other Income for JQ 2001 is higher at Rs 91.215 million as against Rs 73.45 million in JQ 2000.
The net profit for JQ 2000 included extra-ordinary income of Rs 1701.25 million after which the net profit for the quarter ended June 30, 2000 stood at Rs 2204.93 million as compared to Rs 1214.64 million for JQ 2001.
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| Bharat Forge Q1 results on July 21, 2001
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| A meeting of the Board of Directors of Bharat Forge Ltd is scheduled to be held on July 21, 2001 to take on record the Unaudited Financial Results of the Company for the quarter ended June 30, 2001.
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