Bharat Forge

Bharat Forge Ltd has informed the Exchange that the Company is proposing to enter into a Joint Venture Agreement with one of the Europe-based companies of Alstom Group on Monday, the 10th November, 2008, at New Delhi. The proposed joint venture project shall be subject to receipt of applicable government and regulatory approvals. The details of the Joint Venture Agreement will be announced after the event

Source: NSE    Date: 06th-NOV-2008

Tata Motors

Tata Motors Limited has informed the Exchange vide its letter dated November 06, 2008 that “This is in respect to the comments appearing in the reports in today’s newspapers on Tata Motors to shut the Company’s plant in Jamshedpur for three days. We would like to inform you that the Company in its course of operation, adjusts its production to meet the demand for its products like working on single shift basis or three shift basis instead of normal/double shift operations as also temporary shut down. The three days shut down at Jamshedpur is also one of such measures taken by the Company to avoid unnecessary inventory build up. This is to clarify that above is not a lock out/strike/closure”.

Source: NSE    Date: 06th-NOV-2008

Infosys Technologies

Infosys Technologies Ltd. has informed the Exchange regarding a press release dated November 06, 2008, titled “Fair Isaac and Infosys Technologies Accelerate Global Delivery of Decision Management Solutions”. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE    Date: 06th-NOV-2008

Karur Vysya Bank

Karur Vysya Bank Ltd has informed the Exchange that: “The Bank has entered into a MOU with M/s Credit Analysis & Research Limited (CARE) on 05.11.2008, to enable its corporate clients to get themselves rated in terms of BASEL II guidelines”.

Source: NSE    Date: 06th-NOV-2008

Omaxe

Omaxe Limited has informed the Exchange that “M/s Golden Peak Township Private Limited, a wholly owned subsidiary of the Company has purchased all the shares of following companies. (1) Name : Silver Peak Township Pvt. Ltd.; No. of shares : 10000 shares of Rs.10/- each. (2) Name : Radiance Housing & Properties Private Limited; No. of shares : 10000 shares of Rs.10/- each. (3) Name : Ashray Infrabuild Private Limited; No. of shares : 10000 shares of Rs.10/- each. (4) Name : Aarzoo Technobuild Private Limited; No. of shares : 10000 shares of Rs.10/- each. (5) Name : Hiresh Builders Private Limited; No. of shares : 10000 shares of Rs.10/- each. (6) Name : Bhanu Infrabuild Private Limited; No. of shares : 10000 shares of Rs.10/- each. (7) Name : Abheek Builders Private Limited; No. of shares : 10000 shares of Rs.10/- each. Accordingly, all the aforesaid companies have become the wholly owned subsidiaries of M/s Golden Peak Township Private Limited. As a result the aforesaid companies have also become, indirectly, wholly owned subsidiaries of Omaxe Limited”.

Source: NSE    Date: 06th-NOV-2008

Indian Overseas Bank

Indian Overseas Bank has informed the Exchange that “The Board of Directors has, by circulation, approved the reduction of the Benchmark Prime Lending Rate (BPLR) of the Bank by 75 basis points from existing 14.00% p.a. to 13.25% p.a. with effect from November 6, 2008″.

Source: NSE    Date: 06th-NOV-2008

Eurotex Industries and Exports

Eurotex Industries And Exports Ltd has informed the Exchange that “The Company has appointed Mr. G.S. Ramakrishnan as New Compliance Officer and Comp