The Stock market nowadays in opens with a serious gap downward on the back of sharp negative cues as of the global markets. The serious selling emerges across the board mostly led by the vanguard line stock. The real estate, Oil & Gas and Capital Goods stocks in the hardest hit in the breach trade.
The in general marketplace width is unenthusiastic as 661 stock are advance whereas 1,634 stock are on the way out on BSE.
At, the BSE Sensex was down by 224.05 points at 19,476.77 and the Nifty was down by 67.65 points to 5,845.55.
The BSE Mid Cap decreased by 86.88 points to 9,253.13 and the BSE Small Cap slipped by 148.76 points to 12,591.53.
Ranbaxy Laboratories Ltd. reported the top gainer from the BSE Sensex pack. It was up by (1.78%) at Rs.374.45 while HDFC Bank the top loser declined by (3.01%) at Rs.1,597.50.

BSE Realty index dropped by 281.87 points to trade at 12,481.32. The top losers are Indiabull Real declined by (2.69%) to Rs.679, Unitech decreased by (2.19%) at Rs.479.45, Omaxe fell by (2.30%) to Rs.442 and DLF trading with a loss of (2.28%) at Rs.1,061.
Via

Facebook has been asked to remove the Scrabulous game from its website by the makers of Scrabble. The Facebook add-on has proved hugely popular on the social network site and regularly racks up more than 500,000 daily users. Lawyers for toy makers Hasbro and Mattel say Scrabulous infringes their copyright on the board-based word game.

The move has sparked protests by regular fans of Scrabulous keen to keep the add-on running.

Scrabulous is currently one of Facebook’’s ten most popular applications - little programs that Facebook members can add to the profiles they maintain on the site. The request to remove the add-on came from both Hasbro and Mattel because ownership of the Scrabble trademark is split between the two. Hasbro owns rights to the game in the US and Canada while Mattel has rights everywhere else in the world.

Patel Integrated Logistics Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on January 11, 2008, inter alia, to transact the following business………………………………………….

1………………………. Preferential offer of 18.00………………………………. lakh Equity Shares and 8.00 lakh Equity Warrants to Promoter / Non Promoters (Individuals, HUF, Bodies Corporates and FII of Rs 10/- each at a price of Rs 74/- per equity share and per …………………………………equity warrant which includes premium of Rs 64/- per equity share, to be ………………………….utilized for meeting capital expenditure including acquisition of Express Super Hubs and other corporate initiatives envisaged in the expansion plans of the Company…………………………………….

2…………………………… Private Placement of Preference …………………………Shares and / or Equity Shares and / or Fully or Partly Convertible …………………..Debentures / Convertible Preference Shares / such other Security / Financial……………………………… Instrument which may be convertible at a later date into Equity Shares of the Company to Qualified Institutional Buyers (QIBs), as may be deemed necessary……………………. in future by the Board of Directors……………………………………….

3. ………………………………………….Increase in the Authorised Capital of the Company FROM the existing Rs 15.00 crores comprising of 1.50 crore Equity Shares of Rs 10/- each TO Rs 20.00 crores……………………………… comprising of 2.00 crore Equity Shares of Rs 10/- each and consequential ………………………..changes in the Articles and Memorandum of Association of the Company to give effect to above initiatives………………………………………..

4………………………………………………. Delisting of Companys shares from all or any of the Stock Exchanges mentioned below, as the Board of Directors may deemed fit…………………………..

i……………. Ahmedabad Stock Exchange Ltd………………………..

ii………….. The Delhi Stock Exchange Association Ltd……………………

iii………….. The Madras Stock Exchange Ltd……………………..

iv. ………………….The Calcutta Stock Exchange Association Ltd…………………………………………….
……………………………………………………………………….

Thriven Engineering & Industries Ltd has reported in batter excitant work in this company and so as to the member for this corporation through method of Postal vote has passed the next Special / normal Resolutions:

1. Issuance of securities including equity shares, FCCBs, debentures, bonds etc. upto Rs 250 cores including premium. The said issue would be in addition to the issue of various types of securities including placement of equity shares with QIBs etc. upto Rs 250 corers including premium as accepted by shareholders in their gathering held November 19, 2007.

2. Formation of mortgages / charges in the corporation possessions in flavor of bank and other lenders.