Revision in SENSEX and other BSE Indices

Monday, May 1, 2006, 22:50 [IST]

Mumbai, May 1 (UNI) Index Committee of the Exchange in its meeting held on April 30 has decided to revise the composition of SENSEX, BSE-100, BSE-200, BSE-500, BSE Mid-Cap and BSE Small-Cap indices as detailed in the annexures attached herewith.

Annexure 1 Replacements in SENSEX Annexure 2 Replacements in BSE-100 index Annexure 3 Replacements in BSE-200 index Annexure 4 Replacements in BSE-500 index Annexure 5 Replacements in BSE Mid-Cap index Annexure 6 Replacements in BSE Small-Cap index Replacements in BSE midcap and BSE smallcap index shall be effective from May 15 while replacements in SENSEX and other indices shall come into effect from June 12 a release said.

UNI AR MJ NV1452

Advani demands probe in the IPO scam

Monday, May 1, 2006,22:51 [IST]

Mumbai, May 1 (UNI) Leader of opposition in the Lok Sabha L K Advani today said that action by the Securities Exchange Board of India (SEBI) against those indulging in what has proved to be the biggest IPO-demat scam belies repeated denials by union Finance MInister P Chidambaram of irregularities in the current extraordinary bull run on the stock exchange. In a statement issued here, Mr Advani said BJP supported the SEBI decision to.....

IPR regime must for India's march to knowledge economy

Monday, May 1, 2006,22:51 [IST]

Mumbai, May 1 (UNI) United States would post its representative in India to faciliate the process of creating a world class IPR (Intellectual Property Rights) regime in the country. This was disclosed by US Consul General Michael S Owen at the inaugural session of the three-day Indo-US Seminar and Workshop on IPR enforcement organised by the Confederation of Indian Industry (CII) here today. Stating that since IPR is constantly under siege from pirates, its protection.....

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Suzuki launches bike in Kolkata

Monday, May 1, 2006,22:51 [IST]

Kolkata, May 01 (UNI) Suzuki Motorcycles India (SMIPL), a subsidiary of Japan's Automobile giant Suzuki Motor Corporation, launched its two-wheeler in the city today. Addressing a press conference here, SMIPL Service Head Vipul Goel said, ''Suzuki promises to meet expectation of the consumers in terms of technology, styling and performance.'' The company has launched a new two-wheeler 125 cc 'Heat' bike first time in the country, he said. Mr Goel said another model called 'Zeus'.....

MMTC registers profit of Rs 94.25 crore

Monday, May 1, 2006,22:51 [IST]

New Delhi, May 1 (UNI) Mineral and Metal Trading Corporation of India Limited (MMTC), a leading public sector trading company, today announced a net profit of Rs 94.25 crore for the year ending March 31, 2006. The company has reported a turnover of Rs 16,385 crore for the year ended 31 March, 2006 as against Rs 15,123 crore for the same period last year. The company's earnings per share were Rs 18.35 on the face value of.....

Indiabulls Financial Services Ltd. board approves demerger scheme

Monday, May 1, 2006,22:51 [IST]

New Delhi, May 1 (UNI) The Board of Directors of Indiabulls Financial Services Ltd (IBFSL) today approved the restructuring and re-organisation of the Company's businesses. The approval came after consideration of all relevant issues including statutory and legal requirements, through a de-merger scheme. JM Morgan Stanley and M/s Amarchand Mangaldas and Suresh A Shroff.....