Ikab Securities & Investment Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 03, 2007, inter alia, to transact the following business:

1. For borrowing from time to time all such sum of money as they may deem requisite for the purpose of the business of the Company notwithstanding that moneys to be borrowed together with moneys already borrowed by the Company (apart from temporary loans obtained from the company’s bankers in the ordinary course of business) will exceed the aggregate of the paid up capital of the Company and free reserves, that is to say, reserves not set apart for any specific purpose, provided that the total amount upto which moneys may be borrowed by the Board of Directors shall not, at any point of time exceed the sum of Rs 500.00 Crores( Rupees Five Hundred Crores Only), exclusive of interest.

2. To mortgage and / or charge and / or hypothecate, on such terms & conditions and at such time or times, and in such form or manners, as it may think fit, the whole or substantially the whole of one or more of the undertakings of the Company including the present and / or further properties whether movable or immovable, comprised in any existing undertaking or undertakings of the Company, as the case may be for the purpose of securing financial assistance not exceeding Rs 500 crores (Rupees Five Hundred Crores) at any point of time by the way of Term Loans / Asset Credit Scheme / Equipment Credit Scheme / Leasing Credit Facilities from the Financial Institutions and / or Bankers of the Company together with interest thereon, commitment charges, liquidated damages, cost, charges, expenses and other moneys payable by the Company to the respective Financial Institutions and / or bankers in terms of their respective Loan Agreements / Deeds of Agreements / Hypothecation Agreement / Letters of Sanction / Memorandum of terms & conditions entered into or to be entered by the Company in respect of the said financial assistance, such security to rank pari passu with or second or subservient to the mortgages and / or charges and / or hypothecation already created or to be created in future by the Company or in such other manner as may be agreed to between the concerned parties and as may thought expedient by the Board of Directors, subject to necessary provisions & approvals.

Wipro Ltd has informed BSE that the members at the 61st Annual General Meeting (AGM) of the Company held on July 18, 2007, inter alia, have also accorded to the following:

1. Adoption of the Directors Report for the year ended March 31, 2007, the audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account duly audited as at March 31, 2007 and the Auditors Report thereon.

2. Re-appointment of Mr. Narayanan Vaghul & Mr. B C Prabhakar as Directors of the Company, liable to retire by rotation.

3. Re-appointment of M/s. BSR & Co. as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

4. Re-appointment of Mr. Azim H Premji as Chairman and Managing Director (designated as “Chairman”) of the Company with effect from July 31, 2007 until July 30, 2009, on remuneration, terms & conditions.

5. Appointment of Mr. Rishad Premji, son of Mr. Azim Premji, Chairman of the Company, to hold office or place of profit as Business Manager - Mortgage Practice (or any other designation and roles which the Board of Directors of the Company may decide from time to time). The appointment shall be for a period of three years and shall be effective from July 20, 2007, on terms & conditions.

6. Accorded to carry out amendments to Wipro Employee Stock Option Plan 1999, Wipro Employees Stock Option Plan 2000, ADS Stock Option Plan 2000, Wipro Restricted Stock Unit Plan 2004, ADS Restricted Stock Unit Plan, 2004 and Wipro Restricted Stock Unit Plan, 2003 with effect from April 01, 2007.

7. Authority to the Board of Directors to issue, offer and allot to any one or more or all of the permanent employees of the Company (including executive and non-executive Directors but excluding the Promoter Directors and directors holding directly or indirectly more than 10% of the outstanding equity shares of the Company) Restricted Stock Units (RSUs) exercisable into equity shares at the option of the Company and / or holder of the securities linked to equity shares upto 10,000,000 (Ten million) (or such other adjusted figure for any bonus, stock splits or consolidations or other reorganization of the capital structure of the Company as may be applicable from time to time) Restricted Stock Units exercisable into equity shares of nominal value Rs 2/- each under a Wipro Employee Restricted Stock Unit Plan 2007 created by the Company for the benefit of the employees, at an exercise price of not less than the face value of the equity shares on the terms and conditions, subject to necessary provisions & approvals.

Ikab Securities & Investment Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 03, 2007, inter alia, to transact the following business:

1. For borrowing from time to time all such sum of money as they may deem requisite for the purpose of the business of the Company notwithstanding that moneys to be borrowed together with moneys already borrowed by the Company (apart from temporary loans obtained from the company’s bankers in the ordinary course of business) will exceed the aggregate of the paid up capital of the Company and free reserves, that is to say, reserves not set apart for any specific purpose, provided that the total amount upto which moneys may be borrowed by the Board of Directors shall not, at any point of time exceed the sum of Rs 500.00 Crores( Rupees Five Hundred Crores Only), exclusive of interest.

2. To mortgage and / or charge and / or hypothecate, on such terms & conditions and at such time or times, and in such form or manners, as it may think fit, the whole or substantially the whole of one or more of the undertakings of the Company including the present and / or further properties whether movable or immovable, comprised in any existing undertaking or undertakings of the Company, as the case may be for the purpose of securing financial assistance not exceeding Rs 500 crores (Rupees Five Hundred Crores) at any point of time by the way of Term Loans / Asset Credit Scheme / Equipment Credit Scheme / Leasing Credit Facilities from the Financial Institutions and / or Bankers of the Company together with interest thereon, commitment charges, liquidated damages, cost, charges, expenses and other moneys payable by the Company to the respective Financial Institutions and / or bankers in terms of their respective Loan Agreements / Deeds of Agreements / Hypothecation Agreement / Letters of Sanction / Memorandum of terms & conditions entered into or to be entered by the Company in respect of the said financial assistance, such security to rank pari passu with or second or subservient to the mortgages and / or charges and / or hypothecation already created or to be created in future by the Company or in such other manner as may be agreed to between the concerned parties and as may thought expedient by the Board of Directors, subject to necessary provisions & approvals.

Shaba Chemicals Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 29, 2007, inter alia, have accorded the following:

1. Adoption of the Balance Sheet as at March 31, 2007 and Profit and Loss Account for the year ended on that date and the reports of Board of Directors and Auditors thereon.

2. Re-appointment of Mrs. Jamila Jaliwala as a Director of the Company.

3. Appointment of M/s. Bharat Neema & co. Chartered Accountants, Indore as Auditors of the Company to hold office from he conclusion of this Annual General Meeting upto the conclusion of the next Annual General Meeting on remuneration, terms & conditions.

4. Mr. Shahid Abbas Faizy Whole Time Director of the Company tendered his resignation from the directorship of the Company.

Corporate Report - GMR Infrastructure Ltd

GMR Infrastructure Ltd has informed BSE that Delhi International Airport Pvt Ltd (DIAL), a subsidiary of the Company has been awarded the ISO 9001:2000 quality certificate for Indira Gandhi International (IGI) Airport. DIAL has received this certificate from UK based organization Lloyds Register Quality Assurance.

In this regard the following Press Release are as follows…

“Delhi International Airport Ltd (DIAL) has been awarded the prestigious ISO 9001:2000 quality certificate for Indira Gandhi International Airport. DIAL received the prestigious ISO 9001:2000 certificate from UK based organisation Lloyds Register Quality Assurance. As per the Operations Management, Development Agreement (OMDA), DIAL was to achieve the certification by May 2008. Instead, DIAL has however achieved this milestone more than 7 months ahead of schedule.

Since taking over the charge of IGI Airport in May 2006, DIAL has been striving to improve the airport experience of its customers. Delivering quality and the highest level of customer service is high on the agenda of DIAL. It is working closely with airlines, government agencies, ground handlers and concessionaires to improve the service quality at the airport as the airport helps build the first impression of the city and the country.

Earlier this year, Delhi International Airport Ltd (DIAL) achieved the ISO 9001:2000 quality certificate for the International Cargo Terminal of Indira Gandhi International Airport as well. The certificate was in recognition of the efforts put in by DIAL to improve customer service, quality control and efficiency at the cargo Terminal. DIAL had achieved this landmark within a short span of seven months from taking charge of IGI Airport.

DIAL has also setup a dedicated Quality & Service Delivery Department which is the first of its kind in the country. This department is working closely with the Singapore based Service Quality Centre (SQC), a consultancy specialising in helping organisations to develop strong and sustainable customer service cultures. SQC is active internationally and has been working with service sector industries such as banks, hotels, insurance Companies for many years.

For DIAL, the ISO certification represents one step towards organisational excellence. The focus ranges from people management, efficient operational processes to continuous improvement in quality of service to the customer. In order to maintain and improve its Quality Management System, DIAL has trained more than 20 internal quality auditors with 20 more expected to join their ranks within the next few weeks. In order to ensure consistency across the airport, DIAL is also supporting CISF’s airport team to prepare for ISO 9001 certification. It is also encouraging other government agencies at the airport to improve the service quality.

DIAL is currently implementing the Master Plan for the development of a new airport complex. Work on the integrated passenger terminal and runway commenced in Feb 2007 and the new terminal would be inaugurated in 2010 before the Commonwealth Games. Prior to that in 2008, the brand new Code F compliant runway and domestic terminal will be ready to cater to the growing traffic. IGI Airport is one of the largest airports in India with over 20 Million passengers per year, and will become one of the largest airports in the region by 2010, with slated capacity of 37 Million passengers per annum (mppa). The Master Plan envisages an ultimate design capacity of 100 million passengers per annum by 2026.

Maruti Suzuki India Ltd has announced that the Company sold 64,258 vehicles in the domestic market in October 2007.The Company had sold 55,894 vehicles in the domestic market in October 2006.In all, the Company sold 69,415 vehicles in October 2007. This includes 5,157 units of exports.The Companys volume in the domestic A2 segment went up by 20.9 per cent and in A3 segment grew by 54.7 per cent during the month compared to sales in October 2006.The sales figures for October 2007 are given below:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>SegmentModelsFor October Till October April 06-20072006%Change 2007-082006-07%ChangeMarch 07>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>A1M80044776354-29.5914246799-16.4y245COmni, Versa811077534.6P1944508511.3ƒ091A2Alto, Wagon-R,Zen, Swift470773894020.9(017923013721.7D0375A3Esteem, SX4*,4177270054.7)3511866057.3)697Baleno*Total Passenger Cars638415574714.59886634068117.1c2408MUVGypsy, Grand417147183.7!50183517.2221Vitara*Domestic642585589415.0@101634251617.1c5629Export5157426920.8)3932027845.09295Total Sales694156016315.4C040936279418.6g4924——————————————————————————————–*SX4 launched in May 2007, Grand Vitara launched in July 2007,>>>>>>>>>>>>>>>>>>>>>>>>>> Baleno figures are for 2006-07.

Videsh Sanchar Nigam Ltd (VSNL) on November 01, 2007 announced that it is proceeding with the construction of the TGN-Intra Asia cable system, which will be constructed by Tyco Telecommunications (US) Inc., an industry pioneer in undersea communications technology and marine services.

The TGN-Intra Asia submarine cable is a new 4 fibre pair cable system linking Singapore, Hong Kong, and Japan with an additional connection to the Philippines, and potentially Vietnam. This cable will provide up to 3.8 Tbit/s of capacity to the rapidly growing Asia-Pacific market allowing the Companys global customers doing business in and with the region to obtain additional bandwidth, increased route diversity and extended geographical reach.

The TGN-Intra Asia cable, when combined with the Tata Indicom Cable System (TIC) and the TGN-Pacific cable system (both of which are capable of supporting 7+ Tbit/s of traffic), will complete the Companys, multi-Terabit capability from India to Asia and onward to the US.

The cable will provide a direct connection from Singapore to the Companys Transpacific Network in Japan, avoiding any other landing points and connecting to the TGN-Pacific cable system directly at the landing station. With Globe Telecom as the exclusive cable landing party in the Philippines, the Philippines will also be linked to Japan, Hong Kong and Singapore with onward connectivity to Guam and the US.

This is the first and only cable system that provides a direct fiber link between Singapore and Japan, said Vinod Kumar, President, Global Data Solutions, of the Company.

The cables direct connection to the TGN-Pacific cable system enables the most cost effective, highly resilient connections from Asia to the US West Coast and Guam.

This extensive infrastructure build out, which is already underway, will serve the increased and rapidly growing demand for bandwidth in the region and provide our customers with unparalleled high performance bandwidth capabilities and increased options for route diversity and redundancy.

Indian rupee touched new peak of 9-1/2 years high on Friday as dollar buying by state run banks and weak Asian markets. Record gain of Indian stocks market is also one reason behind rupee boost.

Some traders are expecting that Central Bank can buy dollars to test rupee’s growth. The rupee was closed at 39.30 per dollar on Thursday meanwhile the changeable rupee was at 39.35/36 in early trading on Friday. The rupee touched peak of 39.27 on Thursday it is strongest position of rupee since March 1998.

The rupee along with Bombay Stock Exchange (BSE) Sensex made a record high for the 15^th times out of 16 sessions. Foreigners have bought 3.2 billion dollars this month while they have been bought total 16.2 billion dollar of shares yet now. Foreign funds have bought around 200 million dollars of shares in the National Stock Exchange (NSE) on Thursday.

The Central Bank has bought 38.1 billion dollars since January to July of 2007,  according to the traders Central Bank has increased purchases of dollars in the last few weeks to hold the rupee.      

Buy Sesa Goa share at current market price Rs.2876 for short term target of  Rs.2950. Last quarter result of Sesa Goa  was good and its share may go up in coming weeks.     

 Sesa Goa announced that company’s revenue was up14 percent at Rs.2584 million (Rs.258.40 crore) in comparison of Rs.2262 million ( Rs.226 crore) on YoY basis. Its net profit will go up 2 percent at Rs.262 million (Rs.26 crore) during the same quarter Vs Rs.257 million (Rs.25.7) YoY.                

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The State Bank of India (SBI) is awaiting extra capital from the Finance Ministry to business growth, as well as it is planning to lift up money by public offer of shares.

SBI chairman O P Bhatt said “We are discussing with Finance Ministry on this matter and awaiting permission of them. Wealth would be increase within three months but just now we are waiting clearance.

The SBI expects to increase about 10,000 crore either rights issue or by public offer. If bank brings out Public Offer then

Government’s share would be less but in case of rights issue Government’s share would be unaffected.

O P Bhatt was participating in the meeting called by Finance Minister P Chidambaram to discuss auto component, paper industries and credit needs of auto.

“Credit growth of SBI was lower till September end than aim of 23 to 24 percent but we are expected to get up to 25% credit growth this financial year. he added.

He also said, if the credit growth remained less than target rate capital will be increase from the market.