The Bangalore University has inked an MoU with the National School of Insurance Education and Research (NASIER), a non-profit organisation represented by the insurance industry, to offer courses designed to create manpower required for the burgeoning insurance industry in the country.

The courses will be offered from the next academic year, for which the university in partnership with NASIER is preparing a comprehensive course module. The university aims to offer the new courses at the undergraduate and graduate level to start with. The two programmes that the university intends to offer include Bachelor of Insurance & Actuary (BIA) and Postgraduate Diploma in Insurance & Financial (PGDIF).

The BIA course will be of three year duration and the students after completion of their pre-university course (10+2) can join it. The PGDIF course is meant for graduates who needs to specialise in Insurance, as well as insurance professionals who are already working with the industry. The duration of this programme will be of one year’’s duration.

Insurance industry is among the top five recruiters in India presently. There are 16 companies offering services in the life insurance space, and 15 companies are operating in the general insurance space in the country. Besides, 10 new companies are waiting for licences to start their operations in the Indian market. The Associated Chambers of Commerce and Industry of India has projected a five-fold increase in the size of Indian insurance business to $60 billion by 2010. Of this, life insurance business alone will be about $35 billion, while the rest are estimated to be non-life insurance business. Meanwhile, the BU is also planning to introduce new programmes to create resource pool required for the banking industry.

Asahi India Glass Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a profit after tax of Rs 55.50 million for the quarter ended September 30, 2007 as compared to Rs 148.20 million for the quarter ended September 30, 2006. Total Revenue has increased from Rs 1862.80 million for the quarter ended September 30, 2006 to Rs 2621.90 million for the quarter ended September 30, 2007.

The Consolidated results are as follows:

The Group has posted a net Stock profit of Rs 43.60 million for the quarter ended September 30, 2007 as compared to Rs 152.80 million for the quarter ended September 30, 2006.

Total Revenue has increased from Rs 1880.90 million for the quarter ended September 30, 2006 to Rs 2605.80 million for the quarter ended September 30, 2007.

‘Buy at current Stock market price Rs.103 for three month target of Rs.110.They are reported in batter excellent result in last target so I am Say Stock and Stock market price is increased.

Dredging Corporation of India Ltd has informed BSE that the members at the 31st Annual General Meeting (AGM) of the Company held on September 28, 2007, inter alia, have also accorded the following:

1. Adoption of the Balance Sheet as on March 31, 2007, Profit and Loss Account for the year ended March 31, 2007, Directors’ Report and Auditors Report there on and comments of CAG on the audited accounts of the Company for the year 2006-2007.

2. Re-appointment of Shri. Rakesh Srivastava, Dr. S Narasimha Rao & Shri. A K Dhar as Directors of the Company.

3. Appointment of M/s. Sriramamurthy & Co., Visakhapatnam Statutory Auditors of the Company as Comptroller and Auditor General of India, on remuneration, terms & conditions.

Today this company is best stock market position so I am say stock and stock market price will be increased and the current market price in this company is Rs.1200 for two month target of Rs.1300.Penny stock Market position is very well and stock market price is increased in lquarter ended June.

Isibars Ltd has informed BSE that the revised Restructuring Scheme of the Company has been approved by the CDR Empowered Group at its meeting held on September 26, 2007, conveyed to the Company vide the CDR letter dated November 03, 2007 received on November 06, 2007.

The CDR EG has approved the following:

1. The three restructuring / settlement options of the Company. The CDR Lenders are required convey their options.

2. The proposal for issuance of NOC for arrangement with Kalyani Steels Ltd subject to no encumbrances being created and minimum guarantee amount being escrowed.

3. The proposal for issuance of NOC for bringing in additional equity funds by promoters and associates.