Sector Specific News

• Sterlite Technologies, a leading global provider of transmission solutions, has bagged a Rs 372 crore contract from BSNL.

• Shipping Corporation of India (SCI) signed the shipbuilding contracts with Cochin Shipyard for acquisition of 2 platform supply vessels of Ralls-Royce UT 755 design.

• For the fiscal year 2008-09, Shiv Vani Oil & Gas Exploration Services has recommendeddividend of Re 1 per share which stands at 10%.

• BGR Energy Systems, the EPC company for power projects, has secured a 1631.80 crore turnkey EPC of Balance of Plant (BOP) contract from Maharashtra Power Generation Corporation (MAHAGENCO).
• For the quarter ended 30th June, 2009 Motilal Oswal Financial Services declared a decline of 53.42% in net profit to Rs 8.45 crore.

• For the quarter ended 30th June, 2009 Indowind Energy posted a rise of 59.73% in net profit to Rs 7.06 crore versus Rs 4.42 crore during the same quarter in last year.

• ABB bagged orders worth Rs 1410 million from Maharashtra State Electricity Transmission Company (MSETCL.