United Phosphorus Ltd has informed that the Board of Directors of the Company at its meeting held on December 20, 2007, the Board has approved the Scheme of Arrangement fortransfer of Haldia Division of SWAL Corporation Ltd (100% subsidiary of the Company) with the Company……………………….

The scheme shall be subject to necessary approvals and sanctions of the Honourable High Court of Judicature at Mumbai and Honourable High Court of Gujarat at Ahmedabad………………….

Read More: ragadirect.com

Great Eastern Shipping Company Ltd (GE Shipping) has informed BSE that the Company has signed a contract with Cosco (Zhoushan) Shipyard Co. Ltd for 2 more new building Supramax Dry Bulk Carriers. These vessels of approximately 57,000 dwt each are expected to join the Company’s fleet during 01 FY 2010-11 & Q2 FY 2010-11 respectively.

Sensing sustainable growth in the dry bulk trade in the medium term, the Company in November’07 had contracted 2 new building Supramax dry bulk carriers of similar specifications as above with Cosco (Zhoushan) Shipyard Co. Ltd. These vessels will join the Company’s fleet in Q4 FY 2009-10.

With this contract, the Company’s new building order book comprises 10 vessels aggregating 0.69 mn dwt (4 LR1 product tankers aggregating 0.30 mn dwt & 6 dry bulk carriers aggregating 0.39 mn dwt).

Source :  www.stockmakers.org

Aztecsoft Ltd on November 06, 2007 announced the Launch of its new SEZ facility at Whitefield, Bangalore. The foundation stone for the new facility was laid by V. Chandrasekaran, Managing Director, and V R Govindrajan, Director of the Company. Members of the senior management team were also present on this momentous occasion.

The new facility at Whitefield will be a unit under the SEZ scheme and will be an addition to the existing 1,200 + strong seats in Bangalore. The Company recently started operations in its 2,000+ seat campus in Hinjewadi, Pune and this new facility in Bangalore is being built to operate as another global delivery centre for clients across verticals and geographies.

Speaking on the launch of new campus facility, Mr. Samir Bodas, the newly appointed CEO, of the Company said, “The new SEZ facility at Whitefield is a part of the strategic growth plan for the Company. This would allow us to better serve our extensive and growing client base and support our growth in all of our functional units.”

Spread over 3.15 acres of land, the new SEZ facility will have a built-up area of approximately 2,30,000 square feet. The new SEZ facility will have two office blocks and will accommodate over 2,000+ professionals in a spacious, self-sufficient and modern work-environment. Complete with two multi-storey office blocks, an activity center, gymnasium, cafeteria and parking lots, this facility is being built to new projects / customers the Company will cater be attaining in the coming years.

The new SEZ campus at Whitefield is expected to be fully operational in phases from October, 2009.

Buy at current market price Rs.954 for sixth month target Rs.1150.This companey have reported excellent result in the last year.The audit financial result of this company are approve in second quarter ended of 30 september, 2006.

And the financial result for second quarter or half year ended 30th September, 2006 are approved consolidate financial.you can hold this stock in come of two year.