Exim Bank of India has connected a deal with International Finance Corporation (IFC), Washington, a connect of the earth store group, beneath the Global Trade Finance Programme (GTFP) of IFC. This agreement will enable Exim Bank to confirm letters of credit, guarantee and additional trade instrument issue by accepted bank in additional than forty country of Central Asia, middle and Eastern Europe, Latin America and the Caribbean, West Asia and North Africa as also additional region of Asia and Africa. The Exim Bank Chief General Manager, Mr Prabhakar, and the IFC connect Director, Ms Mamta H. Shah, signed the accord on December 14. The $ 1-billion Global Trade Finance Programme of IFC that set in rest to give trade facilitation to under-served customers and markets. Under the programme, IFC issue fractional or full guarantee connected to trade dealings on a per-transaction basis, cover the sum danger of local banks in service in IFC member countries. Exim Bank of India now partners IFC as ”Confirming Bank” under its GTFP.

D-Link ……………………… Ltd has informed ………….. that the Company has received an ……………. for payment of differential ……………. duty of Rs 3.41 crores under Section 11A (2) of the ……………… Excise Act, 1944 for the ……………. February 01, 2001 to ……………. 31, 2005 and equivalent ……………… of penalty under Section 11AC of the Central ………………. Act, 1944 read with Rule 173Q of the ……………… Excise Rules, 1944 and Rule 25 of the Central ………………. Rules, 2002 along with ………………. interest thereon as per the applicable rates ……………. the Central Excise Act, 1944.

The ………….. is taking legal opinion on the above order and …………….. keep posted of any ……………… action taken by the Company in the ……………. matter.

Read More : www.bseindia.com

Patel Integrated Logistics Ltd has ……………………………..formed BSE that an Extra Ord……………………………..ary General Meet……………………………..g (EGM) of the members of the Company will be held on January 11 2008 ……………………………..ter alia to transact the follow……………………………..g bus……………………………..ess

1. To create offer issue and allot upto 1800000 Equity Shares of Rs 10/each and upto 800000 Equity Warrants [hav...................................g option to apply for and be allotted upto 800000 Equity Shares i.e. one Equity Share per Equity Warrant] of face value of Rs 10/…………………………….each to be subscribed by any person whether he ……………………………..she be a shareholder or not ……………………………..clud……………………………..g but not limited to ……………………………..dividuals Firms Companies Bodies Corporate ……………………………..dian F……………………………..ancial ……………………………..stitutions Banks Foreign ……………………………..stitutional ……………………………..vestors Non Resident ……………………………..dians Overseas Corporate Bodies…. Mutual Funds Strategic ……………………………..vestors and ……………………………..or other entities on preferential basis …………………………….. one or more modes or …………………………….. comb……………………………..ation thereof and …………………………….. one or more tranches and on such terms and conditions as the …………………………….. may deem fit subject to necessary provisions & approvals……

2. To create issue offer and allot on private placement basis to Qualified ……………………………..stitutional Buyers (QIBs) Equity Shares Preference Shares and ……………………………..or Fully Convertible Debentures ……………………………..Partly Convertible Debentures ……………………………..Convertible Preference Shares and ……………………………..or any other security ……………………………..f……………………………..ancial ……………………………..strument which is convertible at a later date ……………………………..to Equity Shares of the Company other than Equity Warrants on such terms and conditions ……………………………..clud……………………………..g pric……………………………..g of such ……………………………..struments as the …………………………….. may deem fit provided that such terms and conditions shall be subject to Chapter XIII A of the Securities and Exchange …………………………….. of ……………………………..dia (Disclosure and ……………………………..vestor Protection) Guidel……………………………..es 2000 as amended to date of such other Guidel……………………………..es. Rules Regulations prevalent at the time of mak……………………………..g such placement giv……………………………..g the provisions for Qualified ……………………………..stitutional Placement provided further that the aggregate of the proposed placement along with previous placements made …………………………….. the same f……………………………..ancial year if any shall not exceed five times the net worth of the Company as per the audited balance sheet of the f……………………………..ancial year immediately preced……………………………..g such placement subject to necessary provisions & approvals.

3. Authority to the …………………………….. of Director for borrow……………………………..g from time to time any sum or sums of monies which together with the monies already borrowed by the Company (apart from temporary loans obta……………………………..ed or to be obta……………………………..ed from the Company’s bankers …………………………….. the ord……………………………..ary course of bus……………………………..ess) may exceed the aggregate of the paid-up capital of the Company and its free reserves that is to say reserves not set apart for any specific purpose provided that the total amount so borrowed by the …………………………….. shall not at any time exceed the limit of Rs 100 crores.

Via : www.bseindia.com has ……………………………..formed BSE that an Extra Ord……………………………..ary General Meet……………………………..g (EGM) of the members of the Company will be held on January 11 2008 ……………………………..ter alia to transact the follow……………………………..g bus……………………………..ess

1. To create offer issue and allot upto 1800000 Equity Shares of Rs 10/each and upto 800000 Equity Warrants [hav...................................g option to apply for and be allotted upto 800000 Equity Shares i.e. one Equity Share per Equity Warrant] of face value of Rs 10/…………………………….each to be subscribed by any person whether he ……………………………..she be a shareholder or not ……………………………..clud……………………………..g but not limited to ……………………………..dividuals Firms Companies Bodies Corporate ……………………………..dian F……………………………..ancial ……………………………..stitutions Banks Foreign ……………………………..stitutional ……………………………..vestors Non Resident ……………………………..dians Overseas Corporate Bodies…. Mutual Funds Strategic ……………………………..vestors and ……………………………..or other entities on preferential basis …………………………….. one or more modes or …………………………….. comb……………………………..ation thereof and …………………………….. one or more tranches and on such terms and conditions as the …………………………….. may deem fit subject to necessary provisions & approvals……

2. To create issue offer and allot on private placement basis to Qualified ……………………………..stitutional Buyers (QIBs) Equity Shares Preference Shares and ……………………………..or Fully Convertible Debentures ……………………………..Partly Convertible Debentures ……………………………..Convertible Preference Shares and ……………………………..or any other security ……………………………..f……………………………..ancial ……………………………..strument which is convertible at a later date ……………………………..to Equity Shares of the Company other than Equity Warrants on such terms and conditions ……………………………..clud……………………………..g pric……………………………..g of such ……………………………..struments as the …………………………….. may deem fit provided that such terms and conditions shall be subject to Chapter XIII A of the Securities and Exchange …………………………….. of ……………………………..dia (Disclosure and ……………………………..vestor Protection) Guidel……………………………..es 2000 as amended to date of such other Guidel……………………………..es. Rules Regulations prevalent at the time of mak……………………………..g such placement giv……………………………..g the provisions for Qualified ……………………………..stitutional Placement provided further that the aggregate of the proposed placement along with previous placements made …………………………….. the same f……………………………..ancial year if any shall not exceed five times the net worth of the Company as per the audited balance sheet of the f……………………………..ancial year immediately preced……………………………..g such placement subject to necessary provisions & approvals.

3. Authority to the …………………………….. of Director for borrow……………………………..g from time to time any sum or sums of monies which together with the monies already borrowed by the Company (apart from temporary loans obta……………………………..ed or to be obta……………………………..ed from the Company’s bankers …………………………….. the ord……………………………..ary course of bus……………………………..ess) may exceed the aggregate of the paid-up capital of the Company and its free reserves that is to say reserves not set apart for any specific purpose provided that the total amount so borrowed by the …………………………….. shall not at any time exceed the limit of Rs 100 crores.

Via : www.bseindia.com

Geometric Ltd has announced that Geometric Technologies, Inc. (formerly TekSoft, Inc.), an industry leader in developing advanced manufacturing software, recently held reseller conferences in America, Europe and Asia………………………

Mike Coleman, CEO of Geometric Technologies, hosted all the meetings and reiterated the Companys gratitude and continuing support to the Value Added Resellers (VARs) for promoting and supporting CAMWorks®. Commenting on the outcome of the meetings, he said, With over 50 enhancements in CAMWorks 2008, our VARs were excited to learn how these new capabilities can help their customers to machine faster and more accurately. Our resellers are the first line of support for our customers and the training sessions prepared them to provide quality support services and training. In addition to the CAMWorks 2008 rollout, we outlined our plans for CAMWorks 2008EX and CAM Works 2009. This will help our VARs to prepare for supporting the next major releases……………………..

Geometric Technologies has also added new VARs in Europe and Asia to strengthen its operations in these regions…………………….

CAM Works is a SolidWorks Certified Gold CAM product with state-of-the-art machining capabilities seamlessly integrated into SolidWorks 3D mechanical design software since 1997. The combination of the latest innovations in CAMWorks 2008 and Solid Works excellence in design continue to make CAM Works a premier CAM solution…………………………..

CAMWorks can be purchased to run with SolidWorks or as a cost-effective package - CAM Works Solids, a standalone version of CAMWorks, with integrated solid modeling capabilities……………………………
Read More: raga direct.com

The market sheds most of its initial gains on the back profit booking across the counters. Among the Sensex pack,
………………………………….
The Bankex index is trading higher by 57.39 points at 10,821.61…………………. Pushing it are Canara bank trading up by (3.91%) at Rs299.95 along with Cent BOP by (2.73%) at Rs58.25, ICICI bank by (1.96%) at Rs1163, Federal bank by (1.03%) at Rs323, Allahabad bank by (0.61%) at Rs115.10 and BOI by (0.27%) at Rs352.85…………………

The realty index is trading up by 58.40 points at 11,712.98………………….Leading the rally are Ansal Infra trading higher by (2.36%)> at Rs384 followed by Mahindra Life by (1.53%) at Rs772, DLF by (1.47%) at Rs962.70, Unitech by (1.38%) at Rs461.85, HDIL by (1.08%) at Rs964 and Parsvnath by (0.46%) at Rs385.10……………………………

In the telecommunication sector, VSNL is trading up by (9.59%) at Rs663 while Idea Cellular is trading lower by (0.76%) at Rs130 followed by Reliance Communications by (0.7%) at Rs710 and Bharti Airtel by (0.44%) at Rs907………………….

VSNL is trading firm at Rs663 up by (9.59%) as the company is constructing a $250mn worth of cable system for linking Mumbai to Paris, London and Madrid…………………. This project will be built in partnership with Seacom and telecom Egypt and this will provide VSNL a new capacity of 1.28 terabit on the route during 2009…………………………..

READ MORE : www.ragadirect.com

Shipping Corporation of India Ltd has represented so as to Companies in the Board have in a provisions of communication conventional opening the office of delivery, Road Transport & Highways, appointed Shri. S C Tripathi as a non-official part-time administrator in the Board of director on this company. The gathering has a just take effect; however, since the support for meeting was required by way of spherical declaration, confirmation from all Directors is expected.Today this company is reported in batter excellent result in last target.So I am say Stock and Stock market price will be increased.

Source : www.ragadirect.com

GTC Industries Ltd has provide in BSE that Board of Directors in this Company at its conference held on December 15, 2007, inter alia, they have measured and permitted asset of Rs 20 Cores for joint growth of property, i.e. manufacture of inhabited, Office / profitable and Shopping region adding just about 1,80,000 Sq.Ft. at Najafgarh Road, Bijwasan, Delhi. The Company is reported in batter excellent result in last quarter target.So I am say Stock and Stock Market price will be increased.

Jindal Drilling & Industries Ltd has represented a BSE so as to the Board of Directors of the Company at its conference will be held on December 14, 2007 and has measured & approved the following:

1. To problem and allot 12,00,000 equity shares of Rs 10/- every to Citigroup on special basis at a price of Rs 1,280/- per share, this is in fulfillment with Chapter XIII of the SEBI strategy, 2000, subject to the hold up of members in Company and acquiescence of SEBI / FEMA guidelines and extra applicable laws.

2. To convene a more normal General Meeting of the member of the Company on January 10, 2008 to obtain necessary support for preferential portion of equity share as stated here on the top of.

3. The seek support of shareholders of the Company through postal ballot authorize in the Board of Directors to obtain 49% partnership of Virtue Drilling Pte Ltd, Singapore and to spend in extra individual Purpose Vehicles occupied in oil & drilling and associated behavior. Jindal Drilling & Industries Ltd they are reported in batter reported in previous month and Stock , Stock market price will be increased.So I am say the Stock market position in this company is very well.

Dover Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 13, 2007, has approved the allotment of 40,00,000 equity shares of the face value of Rs 10 each for cash at a premium of Rs 40/- per share to the following applicants:

1. Name of the Allottees: Mr. Rajesh Sharma
Equity Shares: 24,00,000

2. Name of the Allottees: Mrs. Seema Sharma
Equity Shares: 5,000

3. Name of the Allottees: Mr. Ramesh Chandra Sharma
Equity Shares: 5,000

4. Name of the Allottees: Ramesh Chandra Sharma (HUF)
Equity Shares: 90,000

5. Name of the Allottees: Roopam Multitrade Pvt Ltd
Equity Shares: 6,50,000

6. Name of the Allottees: Mr. Pujit Aggarwal
Equity Shares: 4,25,000

7. Name of the Allottees: Mrs. Gunjan Aggarwal
Equity Shares: 4,25,000.

Read more : www.stocksurf.org

Thomas Cook India Ltd has announced that the Company on December 13, 2007 signed a Memorandum of Understanding (MOU) with JTB Corp. Japan, one of the largest travel solutions Companies in the world.

The alliance will allow Thomas Cook to access the JTB Corp. network across 30 countries alongwith affiliates spreading over 800 offices. For JTB Corp. the alliance will provide a ready platform to enter the Indian market.

Speaking on the occasion Mr. Udayan Bose, Chairman, of the Company said, “The year 2007 was designated as India-Japan Tourism Exchange Year. Both countries hope to increase the number of visitors between the two countries to approximately 300,000 by 2010, which will be nearly double that of the 2005. Hence, we are pleased to enter into an alliance with JTB Corp., the largest travel Company in Japan and one of the largest travel companies in the world. We see great potential in this co-operation across a wide range of travel activities including Leisure Outbound, Corporate Travel and Inbound Travel to India. In any case Japan was being looking at by us as a target country for inbound and outbound tourism. This co-operation will benefit both the Companies and countries immensely”.

Thomas Cook expects to witness growth in areas such as in-bound and out-bound tours. With this alliance, Thomas Cook also expects to see tremendous growth in its corporate travel business as it would now have access to the global relationships of JTB Corp. Mr. Madhavan Menon, Managing Director, of the Company said, “With business travel growing at the 20%, this alliance will provide further impetus to our corporate travel business.”

Every year with increasing number of travelers into India from Japan; JTB Corp. being the leader in the Japanese market, would be able to use the network of Thomas Cook to serve its clientele better. The travel cooperation arrangements would be for inbound, outbound and corporate travel across markets such as Japan, China, South-East Asia, Australia, New Zealand, Europe and America.