The Hindu : Business : Bse/Nse Notes

Online edition of India's National Newspaper
Tuesday, Jun 27, 2006

Business

Business

Bse/Nse Notes

Oriental Bank of Commerce is planning to enter the life insurance business through a joint venture and scouting for a suitable partner. It also intends to raise Tier II capital by issuing upper Tier-II bonds on private placement basis, not exceeding Rs. 500 crore, at an appropriate time

Hexaware Technologies has announced a partnership with Mu Sigma, a service provider with proven expertise in statistics and econometric services, to support its business intelligence and data warehousing practices with analytical services.

Orissa Sponge Iron and Steel will consider, at its board meeting on June 30, 2006, the issue of bonus shares.

Lupin has received a final approval from the U.S. Food and Drug Administration for its abbreviated new drug application (ANDA) for Quinapril tablets USP in 5 mg, 10 mg, 20 mg and 40 mg strengths. This is the company's 13th ANDA approval by the U.S. FDA to date and the third in this fiscal year.

Dividends

Himalaya Granites: 10 p.c. (final); Rajeswari Foundations: 5 p.c. (final); NIIT Technologies: Rs. 6; Bank of Rajasthan: 2.50 p.c.; Poona Dal and Oil Industries: 9 p.c. (final); Kalyani Steels: 30 p.c.

National Aluminium: 30 p.c. (final); Vijay Textiles: 10 p.c.; Unity Infraprojects: Rs. 2 per share. Gujarat State Petronet: 2.5 per cert (final); Neuland Lab.: 20 p.c.

Valecha Engineering: 30 p.c.; WH Brady: 15 p.c.; Kothari Products: 100 p.c.; Brady and Morris Engineering: 15 p.c.;

Bank of Rajasthan: 2.50 p.c.; Assam Petrochemicals: 10 p.c.; Dr. Agarwal's Eye Hospital: 12 p.c. (final); Wanbury: 15 p.c. (final); Silktex: 15 p.c.; Fortune Financial Services: 5 p.c. (final); Eurotex: 6 p.c.; Chordia Food Products: 15 p.c.; Sadbhav Engineering: 20 p.c.; VBC Ferro Alloys: 10 p.c.; Ambika Cotton: 20 p.c.