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.

Punjab Tractors Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a profit after tax of Rs 98.00 million for the quarter ended September 30, 2007 as compared to Rs 183.00 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 2273.00 million for the quarter ended September 30, 2006 to Rs 2069.00 million for the quarter ended September 30, 2007.

Tata Consultancy Services Ltd on October 26, 2007, announced that it was launching a new subsidiary, TCS South Africa, to further strengthen its focus and expand operations in South Africa.

South Africa is a key strategic market for the $29 billion Tata Group with the presence of multiple firms including Tata Motors, Tata Steel and VSNL. The new subsidiary will help intensify this focus further and is in line with TCS global strategy to have a direct presence in the countries in which it operates.

The new subsidiary will help the Company bring its global best practices to help increase the competitiveness of South African business and the skill levels of IT professionals in South Africa. TCS South Africa will have equity participation from BEE (Black Economic Empowerment) groups in South Africa to ensure a high level of social governance and localization of services and skills.

“We see South Africa as a key strategic market for TCS and also as a gateway to southern and central Africa. Through our own subsidiary, we will be well-placed to contribute to the economic growth of the country and its businesses by bringing in global best-practices and world-class technology solutions, said S Ramadorai, Chief Executive Officer and MD of the Company. “The new model will help TCS make a greater contribution to the South African economy and help invest in skills and capabilities of its IT professionals by leveraging our world-class learning and programs.”

TCS South Africa already works with leading companies in South Africa in sectors like banking and financial services, government, manufacturing, energy, telecom and retail.

They are reported in batter excellent share market result and I am say Stock and Stock market price will be increased.Current Share market price is Rs.953  after three month target of Rs.1000.And Stock market position is represent by very easily capture in this target.

Buy United Phosh Ltd current market price Rs.358 for three month target of Rs.400.They are reported in batter excellent result in last quarter ended.

United Phosphorus Ltd has informed BSE that the member at 23 AGM of company held on sep. 14,2007 and announced that various ideas to developed in progressive steps by company.

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