Press Release Archives
January 29, 2003

Press reports regarding M/s. Videsh Sanchar Nigam Ltd.

The press had reports that the Tata group has decided to integrate Tata Nova, the Internet Service Provider of the group, with the Videsh Sanchar Nigam Limited's ISP business by the end of March.

The Exchange in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded had written to the officials of the company.

Videsh Sanchar Nigam Limited has vide its letter inter-alia stated, "At present there is no such proposal before the Board regarding the matter reported in the press. As and when any decision is taken by the VSNL Board, information shall be forwarded to the Stock Exchanges as is being done now."

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Press reports regarding M/s. IT&T Ltd.

The press had reports that IT&T Limited has bagged a BPO order of around $6 million from the US clients.

The Exchange in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded had written to the officials of the company.

IT&T Limited has vide its letter inter-alia stated, "Please note that we do not have order of around US$6 million. We are doing tele-marketing for a large UK retail house on commission basis and a value cannot be assigned to the same. Please note that no contract has been signed with this retail house as of date."

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Press reports regarding M/s. CMC Ltd.

The press had reports that CMC Limited has won a multi-crore, total branch automation (TBA) order from the Central Bank of India.

The Exchange in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded had written to the officials of the company.

CMC Limited has vide its letter inter-alia stated, "We hereby confirm that the Company has won a multi-crore, total branch automation (TBA) order from the Central Bank of India. The TBA order covers automation of 300 branches across 36 cities and involves installation of IT equipment including latest PCs, servers and printers in each of the branches."

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Press reports regarding M/s. Industrial Development Bank of India

The press had reports that the IDBI board gave an in-principle nod to sell its 50% holding in IDBI-Principal Asset Management Company.

The Exchange in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded had written to the officials of the company.

Industrial Development Bank of India has vide its letter inter-alia stated, "In this connection, we would like to inform you that we have not issued any official communication to the effect."

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Press reports regarding M/s. Tata Power Company Ltd.

The press had reports that Tata Power Company Limited has bagged projects worth Rs. 149 crore from Power Grid Corporation of India for installation of two 400 kv transmission lines in Jammu & Kashmir.

The Exchange in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded had written to the officials of the company.

Tata Power Company Limited has vide its letter inter-alia stated, "Power Grid Corporation of India Ltd. has awarded Tata Power the contractual rights to install the 400 KV Double Circuit (105 km) Kishenpur-Thathar and 400 KV Double Circuit (59 km) and 400 KV Single Circuit (20 km) Thathar-Wagoora Transmission lines valued at Rs. 149 crores and not Rs. 250 crores as reported in the news item."

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Press reports regarding M/s. Reliance Industries Ltd.

The press had reports that Reliance Industries Limited may eventually merge its subsidiary, Reliance Power, with BSES Limited. There were also reports that the company plans to expand the capacity of its Jamnagar refinery by 20% to 650,000 barrels per day by December after a maintenance shutdown.

The Exchange in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded had written to the officials of the company.

Reply is awaited from Reliance Industries Limited.

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The Exchange has successfully completed its 733rd Normal Settlement

The Exchange has successfully completed its 733rd Normal Settlement (Rolling T+3 following SEBI directive) since inception i.e., Settlement Number N - 2003018 on January 29, 2003. The settlement statistics are as follows:

Particulars Values
   N - 2003018
Total traded quantity (lakhs) 1748.96
Total traded value (Rs. In Crores) 3116.31
Total value of the settlement (Securities) (Rs. In Crores) 478.46
Total value of the settlement (Funds) (Rs. In Crores) 163.95
Shortages for the settlement 0.34%
% of Delivery ( No. of shares delivered / No. of shares traded ) 23.52%


Details of Retail Debt Market are as follows:

Settlement No. Traded Value Settlement Value
    Securities Funds
2003018 Rs. 0.05 crores Rs. 0.05 crores Rs. 0.05 crores


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