SBI revises interest rates on Domestic Term Deposits & NRE Deposits

State Bank of India has informed BSE that it has decided to revise interest rates as under. The revised interest rates on Domestic Term Deposits effective November 25, 2002 would be as under: Duration-------Revised Interest Rate% pa 15 days to 45 days------- 4.25 46 days to 179 days------- 5.25 180 days to less than 1 year------- 5.50 1 year to less than 2 years------- 6.00 2 year to less than 3 years------- 6.25 3 years & above------- 6.50 The interest rates payable on Domestic Term Deposits with a maturity period of 7 days to 14 days effective November 25, 2002 would be as under: Rs 1.50 million & above-------4.00% pa The revised interest rates payable on Deposits of Senior Citizens, effective from November 25, 2002 would be as under: Duration------- Revised Interest Rate% pa 1 year to less than 2 years------- 6.50 2 years to less than 3 years------- 6.75 3 years and above------- 7.00 The revised interest rates payable on NRE deposits effective from November 25, 2002 would be as under: Duration------- Revised Interest Rate % pa 180 days to less than 1 year------- 4.50 1 year to less than 2 years------- 5.00 2 years to less than 3 years------- 5.25 3 years and above------- 5.50

CSJ Tech Board to consider allotment of shares under Preferential Offer

CSJ Technologies Ltd has informed BSE that a meeting of the Board of Directors is scheduled on November 28, 2002 for the purpose of allotment of 10,30,400 Equity Shares to Promoters & Associates under Preferential Offer.

Pentasoft Technologies H1 net at Rs 102.90 million

Pentasoft Technologies Ltd has posted a net profit of Rs 102.90 million for half year ended September 30, 2002 as compared to a net profit of Rs 332.20 million for half year ended September 30, 2001. Total Income has reduced from Rs 1997.10 million in the half year ended September 30, 2001 to Rs 1469.90 million in the half year ended September 30, 2002. The consolidated results are as follows: The Company has posted a PAT of Rs 189.90 million for the half year ended September 30, 2002 whereas the same was at Rs 574.70 million in for the half year ended September 30, 2001. Total Revenue has decreased from Rs 2885.40 million in H1-01 to Rs 2046.40 million in H1-02. Other income has decreased from Rs 30.30 million in H1-01 to Rs 28.10 million.

HCL Tech allots Shares under ESOS

HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the company has on Monday allotted 86,474 shares of Rs 2 each (at a premium of Rs 125.50 per share) to the employees on exercise of their stock options under the 1999 Employee Stock Option Plan.

IDBI nominates R Vasudevan as Director on the Board of Hindustan Motors

Hindustan Motors Ltd has informed BSE that Shri R Vasudevan has been appointed as a Director of the Company with effect from October 23, 2002 as nominated by IDBI in place of Shri S Doreswamy whose nomination as a Director of the Company has been withdrawn by IDBI.

Addi Industries announces change in directorship

Addi Industries Ltd has informed BSE that Shri U K Srivastava has ceased to be Whole-time Director with effect from October 16, 2002 and Shri Hari B Bansal has been appointed as Whole-time Director with effect from November 12, 2002.

Shree Rama Multi-Tech H2 results delayed pursuant to Stay Order by CLB

A meeting of the Board of Directors of Shree Rama Multi-Tech Ltd was scheduled by end of November, 2002 to take on record the Audited Financial Results of the company for the period from April 01, 2002 to September 30, 2002. The company has informed BSE that it will not hold the above Board Meeting in view of the order passed by Hon'ble Company Law Board staying the holding of any meeting of the Board or any Committee thereof till December 10, 2002.

Wipro Technologies licenses its Wireless LAN Intellectual Properties to ABC, USA

Wipro Technologies, the global IT Services Division of Wipro Ltd, has announced today (November 25, 2002) the licensing of its dual mode 802.11 MAC core to Advanced Broadband Communications (ABC), USA a leader in developing low cost Cable modem and Wireless solution for broadband access and distribution. 802.11 is an internationally recognized standard for wireless communication in Local Area Networks. Wipro's 802.11 MAC will be integrated into a chip that ABC plans to design and produce. The performance of Wipro's low gate count and low power consuming 802.11 MAC was evaluated by ABC and found to meet their stringent requirements. Wipro's IEEE 802.11 MAC is extremely flexible and supports both embedded and hosted kind of applications. The MAC IP can support data rates upto 108 Mbps and above and is designed to work with both IEEE 802.11a and IEEE 802.11b systems. It also supports the CardBus functionality to address the growing market of PC/PCMCIA card chip manufacturers.

TV 18 Board to consider and ratify Distribution Agreement entered into with Zee Turner

Television Eighteen India Ltd has informed BSE that it will consider and ratify the Distribution Agreement entered into between Zee Turner Ltd and the company for distribution of CNBC Channel in India in the next Board Meeting of the Company.

Revathi-CP Equipment to invest in the Preference Shares of Renaissance Asset Management Co

Revathi-CP Equipment Ltd has informed BSE that the Board of Directors of the Company at their meeting held on November 23, 2002 has decided to invest Rs 89.50 million in the Preference Shares of Renaissance Asset Management Company Private Ltd.

Bhagheeratha Engineering Director expires

Bhagheeratha Engineering Ltd has informed BSE that Shri James Joseph ceased to be Director of the Company on account of his sudden demise on November 15, 2002.

Phipson Distillery becomes wholly owned subsidiary of Mcdowell & Co

Mcdowell & Co Ltd has informed BSE that Phipson Distillery Ltd having a Paid-up Share Capital of Rs 5,00,000 consisting of 50,000 Equity Shares of Rs 10 each, has become a wholly owned subsidiary of the company.

Zee Telefilms Board to consider & ratify Distribution Agreement entered between its subsidiary & TV 18

A meeting of the board of directors of Zee Telefilms Ltd is scheduled on November 30, 2002 to consider and ratify the Distribution Agreement entered into between Zee Turner Ltd (a subsidiary of the Company) and Television Eighteen India Ltd for distribution of CNBC channel in India.

Oasis Media Matrix fixes Record Date for Stock Split

Oasis Media Matrix Ltd has informed BSE that the Board of Directors at its meeting held on October 30, 2002 has decided December 23, 2002 as Record Date for the purpose of splitting of shares of the company from face value of Rs 10 to face value of Re 1

Mirza Tanners to redeem Cumulative Redeemable Preference Shares issued PNB

Mirza Tanners Ltd has informed BSE that it has decided to redeem Cumulative Redeemable Preference Shares issued at higher coupon rate to Punjab National Bank before the maturity period in view of the recent tax proposals / withdrawal of tax benefit.

Narinder Kumar Jain appointed as MD of Cosco India

Cosco (India) Ltd has informed BSE that the Board of Directors at its meeting held on October 31, 2002 has approved the appointment of Shri Narinder Kumar Jain Joint Managing Director as the Managing Director of the Company with effect from November 01, 2002.

Alembic ties up with Italian Pharma Company, Euroresearch

Alembic Ltd has informed BSE that it has signed an agreement with the Italian Pharma Company, Euroresearch to bring the latter's products to India. The first product from the Euroresearch that Alembic is in process of launching is Gelfix Pads. The company is also exploring the possibility of bringing more products from Euroresearch to India and is studying the product pipeline of Euroresearch in order to expand the scope of alliance.

Deepak Fertilisers announces change in management structure

Deepak Fertilisers and Petrochemicals Ltd has informed BSE that at the meeting of Board of Directors held on November 21, 2002 Shri D C Mehta, Managing Director has been elevated to the position of Vice-Chairman and in his place Shri S C Mehta, Deputy Managing Director has been promoted as Managing Director of the Company.

Bajaj Auto clarifies on news item

With reference to news item published in a leading financial daily, Bajaj Auto Ltd has informed BSE that the company doesn't track and hence comment on sales and purchases of its stock by shareholders.

ONGC clarifies on news item

With reference to news item published in a leading financial daily, Oil & Natural Gas Corporation Ltd has clarified that, in one of recently drilled exploratory wells situated in PEL block in the offshore of Andhra Pradesh, ONGC has struck hydrocarbons in a new culmination. This well falls in G1 structure, which extends from the shallow to the deepwater, where hydrocarbon find had already been established. The well is presently under testing and has flowed gas. The testing of the well will add new reserves. ONGC had gas leads from two deepwater exploratory wells located in its deepwater PELs, on Godawari Deep-GD and Krishna Deep-KD structures situated off the mouth of river Godawari and Krishna, in water depths of 677 and 850 meters and drilled depth of 2706 and 3460 meters respectively.

Infosys denies news item on large order, call center

With reference to a news item published in a leading financial daily titled "Order talks push Infosys up" Infosys Technologies Ltd has informed BSE that the contents of the captioned news regarding the possibility of a large order being made on Infosys and the company setting up a call center were speculative in nature. The company has denied commenting on any market rumors.

MRF FY-02 results on December 20, 2002

MRF Ltd has informed BSE that a meeting of the Board of Directors is scheduled on December 20, 2002 to adopt the Annual Audited Results for the year ended September 30, 2002 and to recommend final Dividend, if any.

S V Narasimhan appointed as MD of Chennai Petro

Chennai Petroleum Corporation Ltd has informed BSE that Mr S V Narasimhan has assumed charge of the post of Managing Director of the company with effect from November 22, 2002.

Electrolux Kelvinator board to consider closure of Sanathnagar Compressor Plant

Electrolux Kelvinator Ltd has informed BSE that a meeting of the Board of Directors is scheduled on November 26, 2002 to consider following: 1. To consider and authorise the closure of the "Sanathnagar" Compressor Plant an undertaking subject to compliance with the provisions of Industrial Disputes Act, 1947 and all other laws and such other regulatory approvals/consents/permissions as may be required. 2. To review, consider and approve the revised understanding of the company for the Sanathnagar Plant and the Memorandum of understanding ("MOU") executed by and between the company and the Allwyn Electrolux Union on November 21, 2002 of the Compressor Plant at Sanathnagar, Hyderabad, subject however to all such permissions / consents / approvals as may be required including from the shareholders, statutory / Government and / or other authorities. 3. To note that the deal with Bharat Compressors Ltd may not go through even though the shareholders may give their consent to the resolution for the disposal of the company's compressor business located at Warora (Maharashtra) and Sanathnagar (Andra Pradesh) pursuant to the Postal Ballot Notice dated October 18, 2002 in view of certain commercial developments. 4. To formulate execute/implement a Voluntary Retirement Scheme(s) ("VRS") for the workmen at the company's compressor plant in Sanathnagar, Hyderabad in accordance with the MOU. 5. To formulate execute/implement Voluntary Retirement Scheme(s) ("VRS") for the executive employees at the company's compressor plant in Sanathnagar, Hyderabad.

BSE revises special margins on 37 scrips

BSE has informed the members of the Exchange that the following scrips will attract Special Margins as indicated hereunder with effect from Monday and not as mentioned in the aforesaid notice. The rates of Special Margins have been revised keeping in view the closing price of the scrip on the last day of the settlement. Members are hereby informed that special margins will be imposed on the basis of memberwise gross purchase or sales position (clientwise net) as indicated below : Code Name Group Per Share(Purchase)(%) Per Share(Sale)(%) 532311 AMEX INFORMATIO B2 25 531823 ARVIND REMEDY B1 25 532113 BRIJLAXMI LE B2 25 508814 COSMO FILMS B2 25 512093 CRANES SOFTWARE B2 25 532099 DATABASE FIN B2 25 505200 EICHER MOTOR B1 25 500128 ELECTROSTEEL CA B1 25 506156 ETC NETWORKS B2 25 511744 FCGL INDUSTRIES B2 25 532081 GARNET PAPER Z 25 506109 GENESYS INTER B1 25 503699 GEODESIC INF B2 25 507732 GODAVARI FERT B2 25 524652 IND SWIFT B1 25 500207 INDO RAMA SYN B1 25 532010 INDOTECH CAPITA B2 25 500213 INTER TRAVEL B1 25 531816 IT MICROSYSTEM B2 25 532256 JINDAL STRIPS B1 25 532283 KASHYAP RADIANT B2 25 500241 KIRLOSKAR BROS B1 25 532275 LANDMARC LEI B1 25 500265 MAHARASHTA SEAM B1 50 524794 MATRIX LABOR B2 50 512267 MEDIA MATRIX B2 25 25 524101 NALCO CHEMICAL B1 25 532091 ORBIT MULTI B2 25 25 532114 PAN PACKAGING B2 25 522205 PRAJ INDUSTRIES B2 25 531611 PRRANETA INDS B2 50 532055 RASHEL AGROTECH B2 25 513583 S B & T B1 25 523083 SOMPLET B2 25 532468 SRF POLYMERS B2 25 531554 TOP TELEMEDIA B2 25 524802 VERONICA LABS B2 25