Proposal For Buy Back Of Equity Shares Of The Company - Dec 08, 2008

Deccan Chronicle Holdings Ltd has informed that a meeting of the Board of Directors of the Company will be held on December 16, 2008, inter alia, to consider the following:

1. Declaration of Interim Dividend for the financial year 2008-2009.

2. Proposal for buy back of equity shares of the Company and approve the draft notice for the buy back of equity shares through postal ballot.

3. Proposal for appointment of M/s. BSR and Co, Chartered Accountants as Statutory Auditors of the Company for the financial year 2008-2009 to act jointly with existing Statutory Auditors M/s. C B Mouli & Associates, Chartered Accountants.

Deccan Chronicle To Consider Buy-Back Of Equity Shares - Dec 08, 2008

The board meeting of Deccan Chronicle Holdings will be held on 16 December 2008 to consider declaration of interim dividend for the financial year 2008-2009.To consider the proposal for buy back of equity shares of the company and approve the draft notice for the buy back of equity shares through postal ballot.

To consider the proposal for appointment of BSR and Co, chartered accountants as statutory auditors of the company for the financial year 2008-2009 to act jointly with existing statutory auditors B Mouli & Associates, chartered accountants.

Satyam Computer Services Allots Equity Shares - Dec 08, 2008

The committee of Satyam Computer Services has allotted 32,321 equity shares under stock option plans of the company, through circular resolution on 05 December 2008.Consequent to the above allotment, the paid up share capital of the company has gone up from 673,829,343 equity shares of Rs 2 each aggregating Rs 1,347,658,686 to 673,861,664 equity shares of Rs 2 each aggregating Rs 1,347,723,328.This was approved by the committee of directors on 08 December 2008.

Country Condos To Issue & Allot Equity Shares - Dec 08, 2008

The board of Country Condos has decided to issue and allot 1,61,99,100 equity shares of Re 1 each fully paid up to the existing share holders of the company as on record date (i.e.. 19 November 2008) in lieu of the existing 1,61,99,100 equity shares of Rs 10 each fully paid up pursuant to the order of the Hon'ble High Court of Andhra Pradesh confirming the reduction of share capital.This was decided at the board meeting held on 08 December 2008.

NTPC Slips On Brokerage Downgrade Equity Capital Share - Dec 06, 2008

Meanwhile, the BSE Sensex was down 246.36 points, or 2.67%, to 8983.39.On BSE, 16.06 lakh shares were traded in the counter. The scrip had an average daily volume of 22.26 lakh shares in the past one quarter.The stock hit a high of Rs 166.45 and a low of Rs 158 so far during the day. The stock had a 52-week high of Rs 291 on 15 January 2008 and a 52-week low of Rs 113 on 27 October 2008.The stock had outperformed the market over the past one month till 4 December 2008, rising 8.36% as compared to the Sensex's 13.18% fall.

It had also outperformed the market in the past one quarter, falling 5.86% as compared to the Sensex's fall of 38.05%.The company has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.The current price of Rs 161 discounts its Q2 September 2008 annualised EPS of Rs 10.24, by a PE multiple of 15.72.NTPC's net profit rose 9.6% to Rs 2110.51 crore on a 20.5% rise in sales to Rs 9661.42 crore in Q2 September 2008 over Q2 September 2007.

NTPC owns and operates power generation plants that supply power to state electricity boards throughout India. The company is a public sector undertaking of the Government of India and it also undertakes turnkey consulting projects to set up power plants.

Gammon India Equity Spurts On Bargain Hunting After - Dec 06, 2008

The stock had lost 46.73% to Rs 47.30 on 4 December 2008 from a recent high of Rs 88.80 on 10 November 2008.Meanwhile, the BSE Sensex was down 283.21 points, or 3.07%, to 8,946.54.On BSE, 23.73 lakh shares were traded in the counter. The stock had an average daily volume of 97,505 shares in the past one quarter.The stock hit a high of Rs 56.70 and a low of Rs 47.50 so far during the day.

The stock hit a 52-week high of Rs 845 on 4 January 2008 and a 52-week low of Rs 46.70 on 4 December 2008.The small-cap stock had underperformed the market over the past one month till 4 December 2008, declining 42.35% as compared to the Sensex's decline of 13.18%. It had also underperformed the market in the past one quarter, falling 78.58% as compared to the Sensex's decline of 38.05%.The company's current equity is Rs 17.49 crore. Face value per share is Rs 2.The current price of Rs 52.50 discounts the company's Q2 September 2008 annualized EPS of Rs 4.75, by a PE multiple of 11.05.

Gammon India's net profit fell 39.9% to Rs 10.30 crore on 11.5% increase in net sales to Rs 513.15 crore in Q2 September 2008 over Q2 September 2007.Gammon India provides engineering services and construction of services. It operates in plan, design and undertakes construction of roads, highways, bridges and other projects.

Marg Hits The Roof On Equity Share Buyback Plan - Dec 06, 2008

The stock is up 20.94% from a recent low of Rs 29.85 on 1 December 2008.Meanwhile, the BSE Sensex was down 254.49 points, or 2.76%, to 8,975.26.On BSE, 2.51 lakh shares were traded in the counter. The stock had an average daily volume of 37,213 shares in the past one quarter.The stock hit a high of Rs 56.70 and a low of Rs 47.50 so far during the day. The stock hit a 52-week high of Rs 630.45 on 2 January 2008 and a 52-week low of Rs 28.85 on 2 December 2008.

The small-cap stock had underperformed the market over the past one month till 4 December 2008, declining 49.89% as compared to the Sensex's decline of 13.18%. It had also underperformed the market in the past one quarter, falling 77.12% as compared to the Sensex's decline of 38.05%.

The company's current equity is Rs 25.61 crore. Face value per share is Rs 10.The current price of Rs 36.10 discounts the company's Q2 September 2008 annualized EPS of Rs 16.59, by a PE multiple of 2.18.The board of directors of Marg will meet on 12 December 2008 to consider buy back shares. The company announced the board meet during trading hours today, 5 December 2008.Marg had on 4 December 2008 received a contract from the Karnataka state government for developing an airport at Bijapur in the state. The financial details were not disclosed.

Marg's net profit surged 61.2% to Rs 10.62 crore on 85.2% increase in net sales to Rs 90.88 crore in Q2 September 2008 over Q2 September 2007.Marg is engaged in infrastructure and realty development like creation of information technology (IT) parks, SEZ, wind farms, power stations, malls, ports, commercial and residential complexes.

India Equity Shareholders To Scheme Of Arrangement - Dec 05, 2008

D-Link India Ltd has informed that pursuant to an Order made on November 24, 2008, the High Court of Judicature of Bombay at Goa has directed that a meeting of the equity shareholders of the Company will be held on December 29, 2008, for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Arrangement between D-Link (India) Ltd (i.e. the Applicant Company) and SmartLink Network Systems Ltd and their respective shareholders and creditors (the Scheme).

Mcleod Russel India Swells As Equity Raises FII Ceiling - Dec 05, 2008

The company made the announcement during market hours today, 5 December 2008.Meanwhile, the BSE Sensex was down 122.43 points, or 1.36%, to 9104.28.On BSE, 8.06 lakh shares were traded in the counter. The scrip had an average daily volume of 1.36 lakh shares in the past one quarter.The stock hit a high of Rs 42.50 and a low of Rs 38.10 so far during the day. The stock had a 52-week high of Rs 118.70 on 22 May 2008 and a 52-week low of Rs 35.25 on 2 December 2008.

The stock had underperformed the market over the past one month till 4 December 2008, declining 26.24% as compared to the Sensex's 13.18% fall. It had also underperformed the market in the past one quarter, falling 57.93% as compared to the Sensex's fall of 38.05%.The company has an equity capital of Rs 54.73 crore. Face value per share is Rs 5.The current price of Rs 40.10 discounts its Q2 September 2008 annualised EPS of Rs 44.48, by a PE multiple of 0.90.

The Reserve Bank of India has allowed foreign funds to buy shares up to 40% of Mcleod Russel India's paid-up capital from the earlier level of 24%. The company's board of directors and shareholders had already passed a resolution to that effect.Mcleod Russel India's net profit rose 33.8% to Rs 121.73 crore on a 37.3% rise in sales to Rs 279.20 crore in Q2 September 2008 over Q2 September 2007.McLeod Russel India cultivates, manufactures, and markets tea. The group owns tea estates in Assam and Dooars in West Bengal.

EIH Shrugs Of Terror Attacks On Insurance Equity Company - Dec 05, 2008

The block deal constituted 0.39% of the company's equity.Meanwhile, the BSE Sensex was down 144.28 points, or 1.56%, to 9,085.47.On BSE, 2.94 lakh shares were traded in the counter. The stock had an average daily volume of 1.28 lakh shares in the past one quarter.The stock hit a high of Rs 124.55 and a low of Rs 101.05 so far during the day. The stock hit a 52-week high of Rs 246.95 on 7 January 2008 and a 52-week low of Rs 74 on 7 November 2008.

The stock is up 33.66% from a recent low of Rs 93.85 on 2 December 2008.The mid-cap stock had outperformed the market over the past one month till 4 December 2008, gaining 17.35% as compared to the Sensex's decline of 13.18%. It had also outperformed the market in the past one quarter, falling 29.96% as compared to the Sensex's decline of 38.05%.The company's current equity is Rs 78.59 crore. Face value per share is Rs 2.

The current price of Rs 124.50 discounts the company's Q2 September 2008 annualized EPS of Rs 3.19, by a PE multiple of 39.03.EIH, which owns the Oberio group of hotels, had taken out an insurance policy with New India Assurance and United India Insurance Company - the two-state-owned insurers for the Oberoi-Trident hotel. EIH has also taken a loss of profit insurance that protects it against business losses arising from any untoward events. The Oberoi-Trident hotel was one of the three spots in Mumbai which terrorist had struck last week.

EIH's net profit fell 26.8% to Rs 31.31 crore on 8.5% increase in net sales to Rs 234.22 crore in Q2 September 2008 over Q2 September 2007.EIH owns and operates luxury hotels and resorts in India under the name 'Oberoi'. The company also manages a mid-price hotel chain in India, in addition to hotels in Egypt, Australia, Sri Lanka, Indonesia and Saudi Arabia.