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……………………………
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Prakash Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 28, 2007, inter alia, to transact the following:

1. Authority to the Board to offer, issue and allot in one or more tranches and upon such terms and conditions and in such manner as may be deemed appropriate by the Board, not more than 62,50,000 equity shares of Rs 10/- each to Mutual Fund(s) / Financial Institution(s) / Foreign Institutional Investor(s) / Bodies Corporate(s) / NRI(s) for cash consideration at a price of Rs 190/- each (i.e. at a premium of Rs l80/- per share) by way of preferential allotment to the following proposed allottees, subject to necessary provisions and approvals:

(a) J M Financial Ventures Ltd: 1,000,000 no of equity shares

(b) Deutsche Securities Mauritius Ltd: 2,500,000 no of equity shares

(c) BRLP Mauritius Holdings II: 897,000 no of equity shares

(d) BROMLP Mauritius Holdings II: 603,000 no of equity shares

(e) Divya Shakti Trading Services Ltd: 1,250,000 no of equity shares

2. Authority to the Board to offer, issue and allot in one or more tranches and upon such terms and conditions and in such manner as may be deemed appropriate by the Board, not more than 112,50,000 Warrants to Mutual Fund(s) / Financial Institution(s) / Foreign Institutional Investor(s) / Bodies Corporate(s) / NRI(s) and Promoters & their Associates at a price of Rs 190/- per warrant with an option to subscribe to one Equity Share of Rs 10/- each per warrant (i.e. at a premium of Rs 180/- per share) by way of preferential allotment to the following proposed allottees, subject to necessary provisions and approvals:

- Non Promoters

(a) Deutsche Securities Mauritius Ltd: 1,250,000 no of warrants

(b) Divya Shaicti Trading Services Ltd: 3,500,000 no of warrants

- Promoters and their associates

(a) Prakash Industrial Finance Ltd: 2,500,000 no of warrants

(b) Prakash Capital Services Ltd: 2,500,000 no of warrants

(c) Techdrive Software Ltd: 700,000 no of warrants

(d) Excel Fincap Pvt. Ltd: 800,000 no of warrants

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.

Latest news in stock market buy at current market price Rs.32 for five month target of Rs.50.They are reported in excellent result in last quarter ended.And stock market price will be increasd.

Gujarat NRE Coke Ltd has informed BSE that community of the board of directors in this company at its gathering held on September 21, 2007 and allotted 63,43,414 shares of Rs.10 in each premium of Rs. 38.04 per share and 21,43,680 shares of Rs.10 each at best of Rs 52.50 per share of this Company.

via : poweryourtrade

Buy Suzlon Energy Ltd company reported at current market price Rs.1390 for three month target of Rs.1500.They are reported in excellent result in last quarter ended.Total income source is depend on penny stock price and stock market price.

India’s Suzlon Energy is a forth largest turbine makers and that it plan invest 1 millions euro. Investment do this company by 2009.

 source:

Net profit this company rose of Rs 35.93 core in last quarter ended March 2007 as compared of Rs 61.34 core the during previous in last quarter ended March 2006.

latest stock tip buy at current market price Rs.611 for sixth month target of Rs.800.They are reported in excellent result in last target so i think say stock market price will be increased this is .