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Friday, Aug 08, 2008
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Coimbatore, Aug 7 Aksh Optifibre Ltd has signed an agreement with BSNL on June 2 for providing IPTV services in 20 cities. According to the agreement, the services have been launched in Jaipur on August 4.The service will offer traditional broadcast TV with a high standard of reception and several add-on features such as time-shift television, video on demand etc.

Dynamatic Technologies Ltd has informed that the bid closing date pursuant to the proposed QIP issue of equity shares of Dynamatic Technologies Ltd under the SEBI guidelines is August 7. The company has approved the issue of 6,04,000 equity shares of shares of Rs 10 each at the issue price of Rs 1,234 an equity share aggregating to an issue size of Rs 74.53 crore.

Gateway Distriparks Ltd has informed that the buy back of equity shares from open market through stock exchanges will commence on August 11.

JSW Steel Ltd has posted a 24 per cent growth in crude steel production in July 2008 compared with the same month last year.

KLG Systel Ltd has established an office in Singapore to market its Power Solutions in ASEAN, Chinese and Australian markets.

Petron Engineering Construction Ltd has received an order for Heater Works for CDU/ VDU Units for Guru Gobind Singh Refinery Project of HPCL-Mittal Energy Ltd at Batinda (Punjab) for a lump sum contract value of Rs 100.23 crore.

Shiva Cement Ltd has said that the despatch of cement in July 2008 was up by 6.55 per cent in comparison to July 2007.

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