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Fedral bank Ltd. Historic Data since 23 Aug 2010 - 09 Sep 2010 Date Open Value High Low Close Value Volume 23 Aug 2010 353.55 357.50 352.00 354.70 377490 24 Aug 2010 355.80 357.00 347.20 350.45 145777 25 Aug 2010 349.15 352.80 336.00 343.15 155583 26 Aug 2010 349.00 350.00 345.00 345.15 149790 27 Aug 2010 345.50 355.00 345.00 345.10 45676 30 Aug 2010 349.00 354.00 340.55 346.00 37446 31 Aug 2010 343.15 345.55 337.25 339.50 15364 01 Sep 2010 342.00 348.95 342.00 346.80 72646 02 Sep 2010 346.00 349.40 342.35 347.20 64545 03 Sep 2010 349.00 349.90 342.60 346.35 43891 06 Sep 2010 350.45 354.00 346.50 350.85 53483 07 Sep 2010 353.90 364.65 353.00 358.05 128106 08 Sep 2010 358.05 367.40 353.45 362.40 88479 09 Sep 2010 365.00 373.75 365.00 372.55 258529 YEAR EVENTS 1931 - The Bank was incorporated in 1931 as Travancore Federal Bank Limited to cater to the banking needs of Travancore Province by a small group of local citizens. It embarked on a phase of sustained growth under the leadership of K.P. Hormist. The bank along with six other banks co-promoted Bharat Overseas Bank Ltd. 1949 - The Board of Directors of the Bank was reconstituted and fresh Articles of Association were adopted and the Bank was renamed as The Federal Bank Limited. 1993 - During March, the bank issued 25,25,000 No. of equity shares of Rs 10 each at a premium of Rs 25 per share in proportion 1:2. Another 5,25,000 No. of equity shares were offered to the employees on an equity basis. Only 30,47,894 shares of the above taken up (2,106 shares kept in abeyance). Another 30,00,000 No. of equity shares were allotted at a prem. of Rs 30 per share to ICICI associates companies.
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Page 1: 5 Companies

Fedral bank Ltd.Historic Data since 23 Aug 2010 - 09 Sep 2010

Date Open Value High Low Close Value Volume

23 Aug 2010 353.55 357.50 352.00 354.70 377490

24 Aug 2010 355.80 357.00 347.20 350.45 145777

25 Aug 2010 349.15 352.80 336.00 343.15 155583

26 Aug 2010 349.00 350.00 345.00 345.15 149790

27 Aug 2010 345.50 355.00 345.00 345.10 45676

30 Aug 2010 349.00 354.00 340.55 346.00 37446

31 Aug 2010 343.15 345.55 337.25 339.50 15364

01 Sep 2010 342.00 348.95 342.00 346.80 72646

02 Sep 2010 346.00 349.40 342.35 347.20 64545

03 Sep 2010 349.00 349.90 342.60 346.35 43891

06 Sep 2010 350.45 354.00 346.50 350.85 53483

07 Sep 2010 353.90 364.65 353.00 358.05 128106

08 Sep 2010 358.05 367.40 353.45 362.40 88479

09 Sep 2010 365.00 373.75 365.00 372.55 258529

 

  YEAR EVENTS 1931 - The Bank was incorporated in 1931 as Travancore Federal Bank Limited to cater to the banking needs of Travancore Province by a small group of local citizens. It embarked on a phase of sustained growth under the leadership of K.P. Hormist. The bank along with six other banks co-promoted Bharat Overseas Bank Ltd. 

1949 - The Board of Directors of the Bank was reconstituted and fresh Articles of Association were adopted and the Bank was renamed as The Federal Bank Limited. 

1993 - During March, the bank issued 25,25,000 No. of equity shares of Rs 10 each at a premium of Rs 25 per share in proportion 1:2. Another 5,25,000 No. of equity shares were offered to the employees on an equity basis. Only 30,47,894 shares of the above taken up (2,106 shares kept in abeyance). Another 30,00,000 No. of equity shares were allotted at a prem. of Rs 30 per share to ICICI associates companies. 

1994 - During March, the company offered to the public 35,45,500 shares at a prem. of Rs 80 per share. Additional 1,72,600 shares were allotted to retain oversubscription. During January 1996, the bank issued 74,08,122 rights equity shares (prem. Rs 140; prop. 1:2) 73,51,734 shares taken up. 

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1995 - 50,50,000 No. of equity shares were issued and paid-up of which 3,318 No. of equity shares were issued for consideration other than cash on 27.1.1965 to shareholders of erstwhile St. George Union Bank Ltd., Puthenpully, Kerala. 

1996 - The Company undertook as 3 year Information Technology Strategic Plan 2000 for automating its branches in a phased programme. 

1997 - The bank has developed "Fedsoft" the automation software package in-house which is being used by 40 branches. An Automatic Teller Machine (ATM) was installed at the Vile Parle branch in Mumbai during the year. 

- The bank is the second largest private sector bank with a network of more than 360 branches which till recently was restricted to the southern States. 

- The Aluva-based Federal Bank Ltd. has set up its site on the World Wide Web on the Internet, Information about the bank and its products and services can be accessed form http://www.federal-bank.com. 

- Federal Bank has infused an additional Rs.10 crore in the equity capital of its investment banking subsidiary, Fedbank Financial Services in 1996-97. 

- The Federal Bank Limited, the largest scheduled bank in Kerala, had developed its own computer software named FedSoft. 

- The software was developed by the bank in collaboration with Datanet Corporation, Bangalore and the package was based on state-of-the-art technology and the latest workflow concepts. 

- Industrial Credit and Investment Corporation of India (ICICI) has entered into a strategic alliance with two Kerala-based private sector banks-Federal Bank Ltd (FBL) and South Indian Bank Ltd (SIBL)-to share business interests and strategies. 

- Federal Bank Ltd, the largest scheduled bank in Kerala, with a network of over 350 branches throughout the country. 

- The Federal Bank Limited, the largest private sector banking network in the country, has taken over an Abu Dhabi-based financial institution Exchange Bank dealing in foreign exchange. 

- The Federal Bank, the largest banking network in India in the private sector, is working on various customer-friendly schemes in the wake of the liberalisation globalisation measures unleashed by the government. 

1998 - The Federal Bank Limited has launched a new deposit scheme named Fed Flexi. 

- The Kochi-based Federal Bank will open 100 more branch spread across the country by the turn of the century. With this, the total branch strength of the bank will cross 500. 

- The Alwaye-based Federal Bank has launched three tailor-made loan schemes. 

1999 - As part of its plan to widen the retail credit portfolio, the Aluva-based Federal Bank has launched three new schemes to promote travel and tourism, fund short and long-term needs of the trading community and to finance payments of premium of LIC's Bima Nivesh. 

- Federal Bank, one of the country's old private banks, opened its first specialised branch for asset recovery in Mumbai on December 16, '99. 

- The Bank has also set up a target of Rs 86 crore in the current year for the recovery of the non-performing assets

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(NPAs). 

- The bank has set up an asset recovery department at it corporate office at Alwaye and strengthened asset recovery cells at regional offices. 

2000 - Federal Bank is to foray into internet banking and E-commerce in the month April. The Bank will be he first among the old private sector banks in the country to diversify into internet banking. 

- The Bank has entered into marketing pacts with some commercial agencies for its E-commerce business. 

2001 - The Aluva-based Federal Bank has tied up with Escotel Communications to launch mobile banking services using SMS technology. 

- Federal Bank has launched a new deposit scheme christened as `Suraksha' for senior citizens. 

2003 

-Unveils Anywhere Banking provides the convenience of doing transactions from 300-plus interconnected branches 

-ICICI Bank divests 0.31% stake in Federal Bank. 

-Federal Bank cuts Home loan interest rates. 

2004 

-Achieves 100% interconnectivity among all its branches 

-Launches Equity Subscription Scheme, a new retail product for financing the IPOs and public issue applications of its customers 

-Acquires a prime property in Chennai-owned by Ramco Super Leathers under Securtisation and Reconstruction of Financial Assets and Enforcement of Security Act. The property, spread over six grounds and 26,000 sq ft on Anna Salai, is estimated to have a market value of Rs 16 crore. 

-Federal Bank unveils treasurer's calendar 

-Federal Bank join hands with ICICI Prudential Life Insurance Co. Ltd. for premium collection through its branches 

-Federal Bank introduces new Fed e-Pay services 

2005 

-JRG Securities Ltd has forged alliance with Federal Bank Ltd for providing loans for subscribing to initial public offers (IPOs). 

-FedBank gets award for best use of IT 

-Federal Bank keen on merger with southern entity 

2006 

-Federal Bank to acquire Ganesh Bank 

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-Federal Bank rolls out savings deposit schemes 

-Federal Bank gets banking tech awards 

-Federal Bank bags YMCA award 

-IDBI Bank, Fortis join Federal Bank for risk JV 

2007 

-The company has issued rights in the ratio of 1:1 at a premium of Rs.240/- Per Share. 

-Federal Bank buys stake in LVB, South Indian 

-Federal Bank to set up office in Abu Dhabi 

2008 

-Federal Bank Ltd has informed that Reserve Bank of India vide letter dated July 08, 2008 approved the appointment of Shri. P R Kalyanaraman, Executive Director as Whole Time Director of the Bank for a period of 3 years w.e.f. January 03, 2008. 

2009 

- Federal Bank in association with Geojit Financial Services has unveiled its online trading product called Fed-e-Trade as part of the bank's efforts to provide various products and services to customers. However, the retail clients of the bank will now have the access to online trading in equities as well as the derivatives, IPOs and mutual funds through Geojit's online trading platform. 

- Federal Bank Ltd has informed that Dr. M Y Khan has been appointed on the Board of the Bank as a non-executive, independent director.

- Federal Bank has launched a call centre facility where the 24-hour service of the contact centre would be available on dialing a toll-free number 18004251199. 

2010 

- Federal Bank unveiled FedSelect, a premium product for their high networth individual (HNI) customers.

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Bajaj auto ltd.Historic Data since 23 Aug 2010 - 09 Sep 2010

Date Open Value High Low Close Value Volume

23 Aug 2010 2800.00 2810.00 2770.00 2775.55 18005

24 Aug 2010 2789.00 2862.90 2766.00 2850.75 39884

25 Aug 2010 2841.00 2862.20 2790.00 2799.90 23711

26 Aug 2010 2805.00 2818.85 2766.00 2778.45 31683

27 Aug 2010 2800.00 2826.00 2770.00 2779.70 441318

30 Aug 2010 2815.00 2825.00 2775.15 2790.95 13452

31 Aug 2010 2791.00 2791.00 2690.00 2729.40 369165

01 Sep 2010 2770.00 2782.00 2738.00 2749.40 769608

02 Sep 2010 2768.00 2805.00 2756.00 2784.50 52432

03 Sep 2010 2790.00 2887.90 2790.00 2871.75 51646

06 Sep 2010 2887.00 3023.00 2887.00 3004.60 169212

07 Sep 2010 3000.00 3045.00 2989.00 2995.80 81898

08 Sep 2010 1525.00 1525.00 1456.00 1480.95 62526

09 Sep 2010 1489.90 1498.50 1452.00 1459.30 63213

  1945 

- The company was incorporated on the 29th of November in the name of "Bachraj Trading Corporation, Ltd.". 1960 

- On 21st June, the name was changed to Bajaj Auto Pvt Ltd . On 24th August the name again changed to Bajaj Auto Ltd. 

- The Company's main object is to manufacture and marketing of `Bajaj' scooters, motorcyces and three-wheelers and spare parts thereof. 

1966 

- 25 forfeited shares reissued. In Jan. 1967, 17,375 Rights shares issued at par in prop. 1:4. In March 1967, 17,357 Bonus shares issued in prop. 1:5. 65 forfeited shares reissued subsequently. 

1970 

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- 55 forfeited shares reissued, 52,185 Bonus shares issued in prop. 1:2. 5 forfeited shares reissued. 

1971 

- On 31st March the technical collaboration with M/s. Piaggio & Co. expired and the brand name of the vehicles manufactured by the company was changed from Vespa to Bajaj from April. 

1972 

- 120 forfeited shares reissued. 78,340 Bonus Equity shares then issued in prop. 1:2. 

1975 

- Under the an agreement with Western Maharashtra Development Corporation Ltd., a joint sector company was incorporated under the name Maharashtra Scooters Limited on 11th June. Its plant has started manufacture of Scooter in the brand name "PRIYA". A three wheeler with rear engine was developed and marketed in this period. 

- On 2nd February, the company entered into a technical collaboration with P.T. Tunas Bekasi Motor Co. of Jakarta for providing technical know-how for the manufacture of two wheelers and three wheelers in Indonesia. It also entered into an agreement with Paijifa Industrial Co. of Taiwan for manufacture of scooters in Taiwan. 1976 

- 25 forfeited shares reissued in 1974-75. In 1976-77, 2,35,045 Bonus shares issued (prop. 1:1) Forfeiture of 10 shares annualled. 

1979 

- Company entered into a technical know how agreement with Menoka Motors Ltd., of Chittagong for setting up an assembly plant for scooters and three wheelers in Bangalore. 

- During the year company's erstwhile collaborators Piaggio & Co. s.p.A, Italy, filing a suit along with Vespa of America Corporation U.S.A. for damages for alleged breach of contract, trade mark laws, etc. amounting to Rs. of $ 50 million (equivalent to Rs. 44.15 crores). 

- A suit was also filed against the distributors of the company, Zweirad Raoth Gmbh in West Germany by Vespa GmbH, a subsidiary of Piaggio, praying for prohibiting the distributors from selling Bajaj Scooters in West Germany. 

1980 

- During the year the company invested U.S. $ 15,000 in the equity capital of Bajaj America Incorporated. 

- Bajaj Auto Holdings Ltd. and Bajaj Auto Finance Ltd. are subsidiaries of the Company. 

1981 

- The Bajaj M80 was entirely developed by the company and introduced in the market. The licenced capacity of 2 wheelers was increased from 80000 to 160000 vehicles per year and that of 3 wheelers from 15000 to 20000 numbers per annum and scooter CKD packs from 30000 to 32000 numbers per annum. 

- During the year the company made a further investment of U.S.$ 15000 in the equity capital of Bajaj America Incorporated. 1983 

- The licensed capacity was increased to 3,00,000 scooters during the year. The company entered into two agreements for technical know how. One with Kawasaki Heavy Industries for the manufacture of motorcycles upto 100cc engines. Another with Vigel Spa of Italy for the manufacture of special purpose machine tools for Company's

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own use. During the year the company issued 15% NCDs worth Rs. 23.40 crores as rights for augumenting long term resources for working capital requirements. The same is to be redeemed on 31st December 1998. 

- 4,70,000 bonus shares issued in prop. 1:1. 

1984 

- A suitable electronic ignition system for scooters was developed and introduced on the "Bajaj-Cub". 

- The Company received a Letter of Intent for manufacturing 50,000 three-wheelers at a location in Uttar Pradesh. 

- During the period International Finance Corporation, Washington (USA) sactioned a foreign currency loan of U S $ 22 million. 

- During August-September the company offered 15% non-convertible debentures for Rs. 23.40, crores. The issue was oversubscribed and the Company was allowed to retain an additional amount of Rs 11.70 crores out of the oversubscribed portion for financing non-project capital expenditure for replacement, modernisation, etc. 

- During the period, settlement with Piaggia & Co. s.p.A of the disputes pending in USA was arrived at and the same was entered in U S District Court of San Fransisco. The settlement agreement did not provide for any monetary payment by the Company. 

1987 

- The operations of the Waluj unit was hit on account of suspension of operations from 7th November followed by lockout strike by workmen. Normal operations were resumed after 6th July 1988. 

- The company signed two agreements for technical assistance, one for electronic components like magneto and electronic ignition system and another for restyling of rear engine three wheeler body. 

- Shares sub-divided in January 1988. 94,06,400 bonus shares issued in prop. 1:1 in April 1988. 

- The Kawasaki-Bajaj `RTZ' model was launched in February 88. 1988 

- The licensed capacity was increased to 10,00,000 numbers of two wheelers and three wheelers per annum, through a letter of intent. There was a 7 month strike by the workmen at the Waluj plant. 

1989 

- During this period company undertook a project of metal replacement by polymeric materials in association with Department of Science & Technology and National Chemical Laboratory. 

- A new generation magneto was also under development in collaboration with a Spanish company and work on the initial design had commenced. 

- During this year it entered into a technical collaboration with Orbital Engine Co., Australia for development of fuel injection system for 150cc scooters to reduce fuel consumption and emissions. 

- The Company developed on its own an 80cc motorcycle under the brand name "Bajaj M-80". 1990 

- The production of `Bajaj Sunny' the new 50cc scooter commenced in March. 

- During the year, commercial production of special purpose machine tools for the company's requirements

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commenced at Waluj . 

- During the year a settlement was arrived at between the company's distributors in West Germany, Zweirad Raoth Gmbh and Vespa Gmbh which was objecting to the distributors selling the scooters in W. Germany. They finally agreed to, Scooters being sold with littering "Made in India". 

- The letter of intent for expansion of the licensed capacity at Waluj from 3,00,000 to 10,00,000 two and three wheelers per annum was converted into an industrial licence. 

1991 

- During this period production of a 4 stroke motor cycle in collaboration with Kawasaki Heavy Industries Ltd. Japan was started at Waluj. 

- 188,12,800 bonus shares issued in prop. 1:1. 

1992 

- Sales volume dropped by 5% from the previous year due to the transporters' 10 day strike in July and intermittent labour problems at Waluj. 

- Bajaj-Sunny and Kawasaki 4S, were launched at some more centres. Also, an economy version of KB-100 RTZ, called, "COLT", a 2-stroke 100cc motorcycle was introduced in the market. 

1993 

- Bajaj Stride, will be launched with certain improvements based on initial feed back. During the year `Chetak Classic' a powerful and fuel efficient 4S Champion a highly fuel efficient 4-Stroke Motorcycle and M-80 Motorcycle with additional utility features were introduced. 

1994 

- Bajaj Auto is planning to produce two new models in the motorcycle and scooter segment each. Bajaj Trotter, an 80cc, three gear motorcycle would soon be in the market at an estimated price of Rs. 20,000. 

- 376,25,600 bonus shares issued in prop. 1:1. 43,42,676 No. of equity shares underlying Euro issues allotted. 

- The Company proposed to increase the production capacity of two and three wheelers from 12,72,000 to 20,00,000 units per year by 1998. 

- The company made a GDR issue of US $ 110 million by offering 43,42,676 equity shares at an issue price of US $ 25.33 or 794.60 per share. - Bajaj Auto entered into an agreement with Kubota Corporation of Japan, for technical know-how to manufacture diesel engines exclusively for 3 wheeler application and non-exclusively for other applications. 

- The Golden Jubilee year of the Company, production in two-wheeler alone surpassed the target and led to a scale of operations only second to Japan in the world. 

- The Company entered into an agreement with a Japanese, R & D firm for design of a 74 cc 4-stroke variomalic vehicle 

- Some specific technical assignments and/or joint development projects were also undertaken with AVL, Austria, CSIR, New Delhi and Indian Institute of Petroleum; Dehra Dun. 

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1995 

- During this period Sunny-Zip a 60cc upgraded version of `bajaj sunny' was launched. 

1996 

- Company was planning to set up a third manufacturing plant near Pune to house manufacturing facilities for production of new generation two-wheelers with a production capacity of 10 lakh vehicles per annum. 

- The Company had a busy product development agenda in addition to the present range include - Cygnet Scooterette, upgraded classic and 4 stroke scooters, up-graded M80, up-grades and variants of its Kawasaki Motorcycle, on all new 4 stroke Kawasaki motorcycle and Diesel and 4 stroke petrol engined three wheelers. 

- On January a 74cc new look step-through motorcycle was introduced in Pune under the name `Rave'. During year Co. also launched Bajaj classic and Bajaj Super Excel. 

- The Company developed and implemented new 150cc 3-port 2 stroke engines on all scooters and three wheelers. 

- The Bureau Veritas Quality Internationals (BVQI) has awarded ISO 9001 certificate to the Akurdi Plant. The Motorcycles and Moped Division in Waluj has already received the certificate in 1994. 

- Bajaj Auto Ltd., developed a new four-stroke-motorcycle in collaboration with Kawasaki Heavy Industries (KHI) Japan. 

1997 

- The classic SL scooter with anti-dive braking and electric start option was launched gradually at various centres since September. 

- The Company has introduced during the year under review, "Boxer", a 4-stroke motorcycle, targetted at semi-urban and rural markets. 

- 39,796,938 Bonus Equity shares issued in prop. 1:2. 

1998 

- During the year the Company launched its diesel autoriksha in Andhra Pradesh. The product was having the features like, high fuel economy, low noise level and better riding comfort. The engine is manufactured in collaboration with M/s Kubota of Japan. - During the year company offered attractive financing scheme for purchases of two-wheelers. 

- Two-wheeler giant Bajaj Auto Ltd is set to revamp its entire supply chain which would involve trimming down the number of vendors and a possible relook at the existing dealer chain. 

- Bajaj Auto Ltd., the two and three wheeler major, has for the first time, entered into a marketing tie-up for scooters with the Italian company, Cagiva. 

- Bajaj Auto Ltd., will be launching Classic SL scooters in Karnataka. 

- Japan's Kawasaki Heavy Industries (KHI), the technical collaborator of India's largest two wheeler manufacturer Bajaj Auto Ltd, is likely to source its latest four stroke motorcycle Kawasaki Caliber from Bajaj's Waluj plant in Aurangabad for Kawasaki's export requirements. 

- The management of Bajaj Auto signed a wage agreement with the Bharatiya Kamgar Sen, the union representing

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majority of its workforce, on 21st July. 

- The Company has introduced during the year under review, "Boxer", a 4-stroke motorcycle, targetted at semi-urban and rural markets. 

- The Company has entered into an Agreement with National Securities Depository Ltd (NSDL), for enabling investors to hold and trade in Company's shares in electronic form. 

- Bajaj Auto Ltd has tied up with Zee TV to impart maintenance training through television programmes. 

- Bajaj Auto Ltd (BAL), has tied up with Zee Education for a unique six month-long tele-training programme for lakhs of scooter mechanics across the country. 

- Bajaj Auto launched its latest four-stroker, the Caliber motorcycle at its Waluj plant, in Aurangabad, early last month. Named Kawasaki Caliber, it is the largest-engined Indo-Japanese four-stroker in India. 

- The first four stroke geared scooter in the world, "Legend" was developed in 36 months from the concept of production. 

- "Caliber" a 111 cc four stroke motorcycle took the market by storm and "Spirit" designed in-house, a two wheeler with an innovative two speed automatic transmission was introduced in October. 

- The Company apart from the introduction of two new 4 stroke vehicles has developed catalytic converters for its entire range of 2 stroke and three wheelers. Styling upgrades for Chetak, Super and Classic scooters was introduced in the market. 

1999 

- Bajaj auto Limited (BAL) is working on a long-term marketing strategy to re-enter the export market. 

- Bajaj Auto Ltd., came out with a new scooter model Bravo. 

- The Company received All India Trophy award for highest exporter in 1997-98 - New/Difficult Market-Non-SSI from Engineering Export Promotion Council. 

- Export Excellence Trophy - from Mahratta Chamber of Commerce, Industries and Agriculture jointly with Joint Director General of Foreign Trade, Pune. 

- The company has received National Productivity Award for Automobile Industry instituted by National Productivity Council consistently for six years from 1991-92. 

2000 

- Bajaj Auto decided to buy back up to 15 per cent of the paid-up share capital of the company at a maximum price of Rs. 450 per share. 

- Bajaj Auto Ltd launched "India's first three speed, automatic, four stroke Scooter" `Saffire'. 

- Bajaj Auto Ltd launched its indigenous, emission-friendly autorickshaw with a four-stroke compressed natural gas (CNG) engine. 

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- Bajaj Auto has stopped production of two-stroke three-wheelers as it has developed four-stroke autorickshaws. 

- Bajaj Auto was to set up an assembling and painting plant in Italy to market its dominant brands in Europe. 

- Two-wheeler major Bajaj Auto Ltd will be investing Rs 170 crore on promoting new models of scooters and motorcycles, including upgrades, launched between January 2000 and June 2001. 

- Shareholders of two and three-wheelker major Bajaj Auto Ltd approved the buyback of up to 1.8 crore equity shares of Rs. 10 each at a price of Rs. 400 per share, involving a total outgo of Rs. 720 crores. 

- Due to slow down in demand for scooters, the Company's plant at Akurdi has started a 5 day week from June 30 and it resumed a six-day week from September, 29 at Akurdi Plant in Maharashtra. 

- The Company had offered to buy-back around 1.8 crore equity shares of Rs 10 each at a price of Rs 400/- per share. 

- The Company has signed an agreement with the workers' union at Waluj on October 11. 

- Bajaj Auto has entered into a tie-up with Kasanki of Brazil to set-up a two-wheeler assembly line in Brazil that will produce and sell its motorcycles for the entire South American market. 

2001 

- Bajaj Auto has acquired 12 lakh equity shares of Mukand Engineers (MEL) from group company Mukand Ltd, at a price of Rs 46.50, involving a total outgo of Rs 5 crore. 

- Bajaj Auto launched `Kawaski Bajaj Eliminator', the country's first cruiser motorcycle. 

- Bajaj Auto Ltd and Allianz AG have submitted a joint application to the Insurance Regulatory and Development Authority for joint venture in life insurance. 

- Bajaj Auto Ltd has launched Saffire, the 92cc, 4-stroke engine two-wheeler, in Guwahati. 

- Bajaj Auto Ltd has launched its Bajaj M-80 Major 4S with a four-stroke engine. 

- Bajaj Auto Ltd will launch six new two-wheeler models, including three new motorycles, by September-end in a bid to boost sales in the current fiscal. 

- The Company bought back 1,82,07,304 No. of equity shares at Rs. 400 per share on 21st October. - Bajaj Auto has launched a new voluntary retirement scheme to trim its 3000-strong junior management cadre by a staggering over 40 per cent as part of efforts to boost profitability. 

- Bajaj Auto has hit a major road block with the Bombay High Court asking the company to reinstate 1,197 temporary workers who were earlier retrenched from its Waluj factory in Aurangabad. 

- Allianz Bajaj Life Insurance Company, a joint venture of Pune-based scooter major Bajaj Auto and Germany's Allianz Insurance, has launched three products, with the most competitive premia among all players. 

-The Insurance ventures of Allianz, one of the world's leading financial services groups and Bajaj Auto, India's leading two and three-wheeler manufacturer, announced the launch of their life and general insurance operations in Pune on October 28. 

- Shareholding of foreign institutional investors (FIIs) in Bajaj Auto stands increased at 12.99 per cent as on March

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31, 2001, against 10.05 per cent in the previous year. 

- Bajaj Auto Ltd (BAL) is expected to reduce its employee strength by around 1,000 at lower as well as executive levels, after the completion of the recently announced voluntary retirement scheme (VRS). 

2002 

- Bajaj Auto is setting up a new product development and testing complex at its Akurdi plant in Pune, to consolidate its in-house research and development (R&D) capability. 

-Bajaj Auto unveiled the 'Boxer AR'touting the bike's ability to "tame any terrain, no matter how challenging. The revolutionary Kawasaki technology engine (K-TEC) ensures optimum air-fuel mixture through a new intake and exhaust system. The bike also offers a mileage of 91 kilometers per litre. The bike offers the features such as opto-prism tail light, side indicators, twin pod speedo-console, stylish graphics and a striking petrol tank, 

- - Shri Atul Kirloskar has resigned from the Board of Bajaj Auto Ltd and in the casual vacancy caused by his resignation, Smt Suman Kirolskar has been appointed a Director at the Board meeting held on October 23, 2002. 

2003 

-Bajaj Auto Ltd has informed that Shri Naresh Chandra has been appointed as an additional director at the board meeting held on January 15, 2003. 

- Bajaj Auto Limited has floated an overseas office to expand its international business. The Dubai office, which was opened in Jan '03, will deal with the Middle East and African markets. The company expects Rs 325 crore exports this year as against previous year's Rs 160 crore. 

- Bajaj Auto Ltd has informed the Exchange that Shri D S Mulla has resigned from the board of Bajaj Auto Limited effective from the closing hours of March 31, 2003. 

- Bajaj Auto Ltd has informed that Shri D S Mulla has resigned from the Board of the company with effect from March 31, 2003. 

-Launches Wind 125 bike 

-Bajaj tied up with SBI for two-wheeler loans 

-Bajaj moves up from number 11 to number 10 in the BS Billionaire rankings in India 

-Bajaj Auto Ltd has informed that the shares of the company have been delisted from the Pune Stock Exchange Ltd (PSE) w.e.f. October 06, 2003 and Delhi Stock Exchange Association Ltd (DSE) w.e.f. December 10, 2003. 

2004 

-Bajaj Auto on January 15 unveiled its new corporate logo. 

-Bajaj Auto enters global alliance with Kawasaki for Asean safari 

-Signs MoU with Andhra Bank to finance two wheeler loans 

-Ties up with Corporation Bank to finance two-wheelers of the company 

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-Baja Auto appoints Sanjiv Bajaj as new Executive Director 

- Bajaj ties up with Orbital Engine for fuel injection systems 

-Bajaj Auto Ltd (BAL) has created a network in Japan and Europe 

-Bajaj Auto has unveiled its latest offering - the Bajaj 'CT 100', a four- stroke, 100 cc motorcycle 

-Bajaj Auto and Bank of Maharashtra (BoM) have signed a strategic alliance to offer two-wheeler loans in India. 

- Bajaj Auto ropes in popular comedian of Tamil films Vivek to promote entry level model 'Bajaj CT 100' in Chennai. 

-Bajaj Auto launches CT 100 in Gujarat 

-Sri Siddi Vinayaka Automobiles Ltd (SSVAL), the Hyderabad-based leading dealer of Bajaj Auto Ltd, has launched `Bajaj CT-100' motorcycle in the Andhra Pradesh market 

-Bajaj rolls out 125 cc mobike 

-Aptech Ltd has won an order from Bajaj Auto Ltd for its training programme 

-BAL ties up with State Bank of Travancore 

-Bajaj Auto launches Discover 

2005 

-Bajaj Auto inks agreement with Approva Corpn 

- Bajaj Auto launched its automatic scooter, Wave, in the city at Varun Bajaj on June 4, 2005. Wave is aggressively priced at Rs 32,700. It is Rs 6,000 less than Honda Activa and Rs 1,000 more than the 60 cc Scooty. 

-Bajaj Auto rolls out new scooter 'Wave' in Vizag 

-BAL demerger with Bajaj Fin to change holding in insurance biz 

2006 

-Bajaj Auto Inks MoU with State Government for Greenfield Project at Chakan 

-Bajaj unveils new bike Platina 

-Bajaj Auto unveils CNG 3-wheelers in Indonesia. 

-Bajaj Auto Ltd unveiled its first product in Indonesia, Bajaj Pulsar DTS-i (Digital Twin Spark Ignition), a 180-cc sport motorcycle on Nov 9. 

2007 

- Bajaj Auto unveils 4th Pulsar variant. 

- European sports motorcycle manufacturer KTM Power Sports AG and Bajaj Auto Ltd, manufacturer of two and

Page 14: 5 Companies

three-wheelers, have declared a wide ranging co-operation. The KTM Group will give the know-how for the joint development of water-cooled four stroke engines (125 cc and 250 cc), which provide KTM the basis for motorcycles in the new street entry segment. 

2008 

- Bajaj Holdings & Investment Ltd has informed that Shri. Naresh Chandra and Shri. P Murari have been appointed as additional directors of the Company, at the meeting of the Board of Directors held on October 23, 2008, with effect from October 23, 2008. 

- Company name has been changed from Bajaj Auto Ltd to Bajaj Holdings & Investment Ltd. 

Hdfc bank ltd.

Historic Data since 23 Aug 2010 - 09 Sep 2010

Date Open Value High Low Close Value Volume

23 Aug 2010 2228.00 2230.00 2190.05 2196.35 27000

24 Aug 2010 2197.00 2219.00 2163.00 2207.05 65968

25 Aug 2010 2201.00 2214.50 2180.00 2193.05 50553

26 Aug 2010 2195.95 2213.80 2172.00 2176.80 31436

27 Aug 2010 2177.00 2192.00 2125.25 2139.70 45458

30 Aug 2010 2156.00 2160.00 2118.00 2130.55 43011

31 Aug 2010 2124.00 2140.80 2115.35 2132.45 21699

01 Sep 2010 2140.00 2155.00 2122.00 2149.80 22223

02 Sep 2010 2150.00 2193.00 2150.00 2181.25 31125

03 Sep 2010 2204.50 2204.50 2170.00 2193.60 20719

06 Sep 2010 2201.00 2217.50 2187.00 2205.75 44932

07 Sep 2010 2200.00 2207.20 2182.00 2197.20 29328

08 Sep 2010 2187.00 2197.90 2170.00 2182.25 21158

09 Sep 2010 2196.50 2245.00 2185.00 2240.45 181725

 

 

Page 15: 5 Companies

 1994 - The Bank was Incorporated on 30th August. A new private sector Bank promoted by housing Development Corporation Ltd. (HDFC), a premier housing finance company. The bank is the first of its kind to receive an in-principle approval from the RBI for establishment of a bank in the private sector. Certificate of Commencement of Business was received on 10th October 1994 from RBI. 

- The Bank transacts both traditional commercial banking as well as investment banking. HDFC, the promoter of the bank has entered into an agreement with National Westminister Bank Pc. and its subsidiaries (Natwest Group) for subscribing 20% of the banks issued capital and providing technical assistance in relation to the banks proposed banking business. 

1995 

- 70 No. of equity shares issued to subscribers to the Memorandum & Articles of Association on 30th August 1994. On the same date 500,00,000 equity shares were allotted to HDFC promoters. 509,20,000 shares were allotted to HDFC Employees Welfare Trust and HDFC Bank Employees Welfare Trust on 22nd December, 1994. 

- On 16.1.1995, 90,79,930 No. of equity shares were allotted to Jarrington Pte. Ltd. Another 400,00,000 equity shares were allotted on private placement basis to Natwest Group on 9.5.1995. 500,00,000 shares were allotted to the public on 9.5.95 (all were taken up). 

- The Bank opened its first branch in Ramon House at Churchgate, Mumbai on January 16th. 

- The Bank has created an efficient operating system using well tested state-of-the-art software. 

1996 

- HDFC Bank has entered the banking consortia of over 50 corporates, including some leading multinational companies, flagship companies of local business houses and strong public sector companies. 

- HDFC Bank has set up a state-of-the-art dealing room to handle all transactions possible in Indian financial markets. 

- The Certificates of Deposits were awarded a PP1+ rating which is the highest rating for short term instruments indicating superior capacity for repayment. 

1997 

- The bank is one of the largest mobilisers of retail deposits through its network of 20 branches. Its credit deposits ratio was 53.8%. 

- The bank has set up a ultra-modern hub at Powai in Mumbai where the bank's central computer is housed. This hub housed in 35,000 square feet of space, houses data of all the branches and facilitates the introduction of new products and services. 

- HDFC has installed state-of-the-art systems to facilitate inter-connectivity between branches and link up with on line system. 

- The bank has also recently signed up as a depository participant, under the newly set up NSDL, wherein the members clearing accounts settlement for dematerialised shares can be done through the bank. 

- HDFC Bank, one of the nine new-generation private sector banks, has planned to set up an all-India on-line automated teller machine (ATM) network. 

- HDFC Bank proposed to launch tele-banking for the first time in June in Mumbai at its Chandiveli branch. 

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- HDFC Bank has drawn up plans to become a niche player in corporate banking by sticking to top-rung corporates. 

- HDFC Bank has become the first private sector bank to conclude a structured interest rate option deal. 

- HDFC Bank has launched its Versova branch, the 11th branch in Mumbai. 

- HDFC Bank, as part of its expansion plans in the South, has opened another branch in Chennai. 

- HDFC Bank has entered into strategic alliances with 10 overseas banks to provide customers with a wide range of derivatives including interest rate and foreign currency swaps. 

- HDFC Bank on October 14 introduced ATMs that converse in a regional language. 

- HDFC Bank has introduced the Freedom Account for the average retail customer located in the major metros as a means to wean away the middle-income market from nationalised banks. 

- HDFC Bank has launched an account in all its 28 branches across India that seeks to free depositors from minimum balance requirement, for the first time in the country. 

- HDFC has introduced a new loan product for the payment of betterment fees announced by the Bangalore Mahanagar Palike. - HDFC Bank is all set to launch its debit card by April 1998. 

1998 

- HDFC Bank has tied up with the Ahmedabad Stock Exchange (ASE) to act as its clearing bank. 

- HDFC Bank proposes to strengthen its branch network in Calcutta with the addition of two new branches in the first quarter of the next fiscal. 

- HDFC Bank has signed an agreement with the National Stock Exchange (NSE) which will give it a second charge over the brokers deposit for providing loan against share facility to NSE brokers. 

- The bank has also entered into a similar understanding with the Bombay Stock Exchange (BSE) whereby the bourse will provide support for recovery of money against the card for loan against share facility. 

- The bank has also entered into `Cirrus' arrangements by which all master card holders across the globe will be able to transact at HDFC Bank in India. 

- The bank will also provide phone-banking facility in Bangalore. HDFC has tied up with Visa International to offer its Debit Card. - HDFC Bank Ltd has entered into a memorandum of understanding for a strategic business collaboration with Chase Manhattan Bank. 

- HDFC Bank has become the first bank in India to link up its automated teller machine (ATM) network with all the three major payment systems world-wide. 

- HDFC Bank will be the first bank in the Asia-Pacific region to connect the American Express (Amex) payment system. 

- The HDFC Bank is expanding its ATM network to connect to American Express Interchange based in Phoenix, Arizona, USA. With this connectivity, HDFC Bank has become the first bank in the Asia-pacific region to connect to the Amex Interchange. 

- HDFC Bank was the first to sign up with AMEX in December of 1998. 

Page 17: 5 Companies

- The Bank has tied up with ITC Threadneedle Mutual Fund to provide its investors with the High Interest Fund (HIF), a facility to encash their units through the bank's Automated Teller Machines in addition to a cheque book facility also to be provided by the bank. 

- Sony India Ltd (SIL) has joined hands with HDFC Bank to work out an innovative car finance package under which a sony car audio system would be installed to a new car for no additional upfront cash outflow. 

- The bank has decided to issue 1,33,10,000 equity shares of Rs. 10 each to HDFC and a wholly-owned subsidiary of it at a price of Rs. 94 per share. 

- The bank will also issue 13,70,000 equity shares to India Private Equity Fund and 51,20,000 shares to Indocean Financial Holding, the two equity funds controlled by Chase Manhattan Bank. 

- HDFC Bank, has tied up with BPL Ltd to offer Internet-enabled supply-chain management and business-to-consumer (B2C) e-commerce services to corporates. 

- Hutchison Max Telecom and HDFC Bank introduced the country's first-ever mobile-banking services in the city. 

2000 

- HDFC Bank also signed a memorandum of understanding with Singapore Telecom's e-commerce arm Sesami.Com Pvt Ltd. - The Bank latter also entered into a partnership agreement with National Computer Systems, the e-commerce unit of Singtel. 

- A new company called SESAMi.com (India) has been formed by a strategic alliance between HDFC Bank and Singapore Telecom's e-commerce company SESAMi.com, to offer e-commerce solutions for the Indian market. 

- HDFC Bank has a tie-up with Maxtouch for giving the facility to the latter's customers in Mumbai. This is the first and only service of this sort in the country, he said. 

- HDFC Bank is also launching an online electronic banking solution called Enet which will allow corporates to access their accounts over the net and carry out trade related transactions and cash management functions. 

- HDFC Bank entered into a tie-up with Telco by which the bank would provide preferential financing options for Tata's range of passenger cars including the Indica, Sumo, Safari, Estate and Sierra. 

- HDFC Bank allotted 1.98 crore shares of Rs 10 each at an issue price of Rs 94 per share to promoters and strategic investors on March 29. 

- HDFC Bank is also set to become the first bank in the country to offer wireless application protocol (WAP) services to customers. 

- SkyCell Communications Ltd, one of the two cellular service providers in Chennai, has launched `Sky Banking', for which the company has tied up with ICICI Bank and HDFC Bank. 

- The bank has tied up with 12 utility companies nationwide including BSES, MSEB, BEST, Orange, BPL and MTNL. 

- The Bank has tied up with financial portals, e-brokerages and the National Stock Exchange to enable broker payments for e-broking ventures. - The Bank has set up 100 new electronic data capture (EDC) terminals in Mumbai. - HDFC Bank has launched its first B2C payment gateway which allows Visa and MasterCard credit card-holders to do transaction online and realtime. - CYBERITMALL.COM has joined hands with HDFC Bank to provide VISA/MasterCard users with an online payment gateway solution to enable them to have a secure eshopping experience. - HDFC Bank plans to extend its mobilephone banking services introduced in select metros to mobilephone broking when it introduces its Internet on-line trading in July. - HDFC Bank and portal clickforsteel.com

Page 18: 5 Companies

have signed a memorandum of understanding for offering online credit and services to facilitate `post transaction' activities through the portal's `allied services providers' programme. - Indianfoline.com signed an agreement with HDFC bank for the use of payment gateway to enable online financial transactions. 

- HDFC Bank, in association with cellular service provider Orange, has launched the entire range of mobile banking services and mobile commerce services using wireless application protocol (WAP) technology. 

- The Company has introduced a new scheme whereby it will provide loans to individuals for payment of self assessment tax on their properties in Bangalore. 

- The Foreign Investment Promotion Board has cleared the proposal of the HDFC Group to enter into a joint venture with Singapore Telecom's e-commerce company for providing a comprehensive range of business-to-business e-commerce solutions to companies in India. 

- The Company proposes to pick up an equity stake in Softcell Trade and Technologies Ltd., a Mumbai-based software company. 

- BPL Mobile has tied up with HDFC Bank to offer Internet banking through the mobile phone. 

- HDFC Bank launched `eInstant Car Loans' a new scheme for offering customers a range of net-enabled loan products. 

- HDFC Bank launched depository services on the net. 

- HDFC Bank tied up with NSE.IT, a wholly owned subsidiary of the National Stock Exchange, for providing payment gateway services for the latter's Internet trading operations. 

- HDFC Bank has been identified as the best domestic commercial bank for the second consecutive year by FinanceAsia.com, which provides a network for financial decision makers. 

- The Mumbai-based Geojit Securities Ltd. has tied up with HDFC Bank for Internet trading of shares. 

- Calcutta's cellular services provider Modi Telstra, and HDFC Bank have entered into a collaboration to provide mobile commerce in Calcutta. 

- HDFC Bank has got the Kerala-based Nedungadi Bank as its first customer for its new joint venture company with I-Flex Solutions. 

- HDFC Bank has set a target of attaining a business of over Rs 15,000 crore this fiscal mainly through expansion and new product launches, including a credit card. 

- HDFC Bank, in association with Tata Cellular, has launched Mobile Commerce Service, for customers in Hyderabad and Vishakaptnam. 

- HDFC Bank has tied up with about 25 equity brokerages for enabling third party transfer of funds and securities through its business-to-business portal -- `e-Net'. 

- The Bank has entered into an alliance with Deloitte Haskins and Sells, a member firm of Deloitte and Touch, to offer banking services to its non-resident Indian customers. 

- HDFC Bank has launched its 123rd outlet at Delhi Stock Exchange building at Asaf Ali Road. 

- The Bank proposes to acquire up to 24.5 per cent stake in the MIEL e-Security Pvt. Ltd., which is engaged in the business of developing and marketing of security products and services for a range of e-commerce and enterprises

Page 19: 5 Companies

security applications. 

- The Bank has tied up with Rajan Raheja-owned Hathway for providing banking at home as part of the Net-over-cable initiative of the latter in Mumbai. - HDFC Bank launched its on-line bill payment facility in alliance with the Maharashtra State Electricity Board has also begun to offer bridge loans against fixed deposits of parent Housing Development Finance Corporation the financial institution. 

- HDFC Bank has tied up with portal brainvisa.com to retail education loans to students. - The Gujarat Cellular operator Fascel, has signed up with the HDFC Bank to introduce mobile commerce for the first time in the State. 

- HDFC Bank has tied up with BPL Mobile for mobile commerce facility. 

- CricketNext.com, a sports e-commerce site has tied up with HDFC Bank to provide an on-line payment gateways and marketing opportunities for a wide range of cricket sports gear on its on-line shop BatNext. 

- Singapore-based Growasia.com has entered into an understanding with HDFC Bank and credit rating agency Icra, for picking up equity in the company's Indian subsidiary Gasia.com. 

- The Bank has launched `Freedom - The e-Age Savings Account' for cellular phone users. 

- Spice Cell has tied up with Citibank N A, HDFC Bank and ICICI Bank for mobile bill settlements. 

- HDFC Bank and Cosmos Bank launched a co-branded ATM card. 

- The Chatterjee Group-promoted Captech Online Ltd. has signed memorandum of understanding with HDFC Bank and UTI Bank for setting up a payment gateway for its debt negotiation platform, Riskxpress.com. 

- HDFC Securities Ltd., promoted by the HDFC group with equity participation from the Housing Development Finance Corporation Ltd., HDFC Bank and Chase Capital Partners, has launched its brokerage services for retail investors in the Capital. 

- The HDFC Bank and Airtel launched their mobile-banking service through WAP in Delhi. 

- HDFC Bank has launched wireless application protocol-based mobile-banking in Coimbatore and Trichy in association with Aircel. 

2001 

- The Bank has opened its first branch in Aurangabad. 

- HDFC Standard Life Insurance has entered into a memorandum of understanding with the Chennai-based Indian Bank. 

- The Bank has launched the international Maestro debit card in association with Master Card. 

- HDFC Bank will launch its credit card in June through link-ups with MasterCard and Visa. 

- LTtrade.com has entered into a strategic tie-up with HDFC Bank to provide Net banking services to online investors. 

- Standard Chartered Bank, HDFC Bank and Bharat Petroleum Corporation have joined the eCash Forum which has been set up by the Smart Card Forum of India. 

Page 20: 5 Companies

- HDFC Bank has launched a new campaign for its eage savings account. 

- HDFC Bank entered into a strategic tie-up with Tally Solutions Pvt. Ltd. to offer online real time accounting services to small and medium enterprises. 

- The Bank has opened four ATMs outlets in Bangalore at Coles Road, RT Nagar, Rajaji Nagar and Jaya Nagar on March 26. 

- HDFC Standard Life Insurance has launched a `Development Insurance Plan' a low cost life insurance product developed specifically to meet the needs of economically weaker sections. 

- Two Directors, Mr. S.S. Thakur and Mr. Amit Judge, have resigned from the board of the bank effective from March 30. 

- HDFC Bank files with US regulators to list more than 11 million American Depositary Shares on the New York Stock Exchange. 

2002 

- HDFC Bank unveiled a new online account aggregation service `OneView'. 

- HDFC launched 'One View' service to customers 

- HDFC Bank launched its 9th branch in Karnataka. 

- HDFC opens its branch in Mangalore. 

- HDFC Bank unveils Silver card in Hyderabad. 

- HDFC Bank opens first overseas representative office. 

- HDFC Bank unveils gold card 

- Mediclaim facilities to HDFC Bank gold cardholders. 

- HDFC Bank Ltd has informed BSE that Mr Deepak Satwalekar has submitted his resignation as Director of the Bank. The Board of Directors has accepted the same. The Board of Directors has co-opted Mrs Renu Karnad as Additional Director of the Bank. 

- Mrs. Renu Karnad has been co-opted as an Additional Director of the Bank. Mrs Karnad shall represent the promoters of the bank i.e. HDFC Ltd. Also Mr. Deepak Satwalekar, Managing Director of HDFC Standard Life Insurance Company Ltd, has been on the Board of the Bank as nominee of HDFC Ltd since September 12, 1994 and shall complete the period of 8 yrs before the next scheduled board meeting. In view of the provisions of the Banking Regulation Act, 1949, Mr. Satwalekar has submitted his resignation as Director of the Bank and the Board has accepted the same. 

- HDFC Bank launched new products to its wealth management programme to increase its customer base. The bank introduced a non-interactive product named "Financial Planner", which would be available for all its customers for an annual fee starting from Rs 10,000. The bank is offering fee based advisory programme to the "mass affluent" segment, which was earlier offered to high net worth customers. The wealth management programme would cater to individual needs taking into account various factors such as customer's age, financial goals and risk profile, which includes equity, MFs and debt instruments such as RBI Relief Bonds. 

Page 21: 5 Companies

- Orange JV with HDFC Bank. 

2003 

- HDFC Bank unveils resident foreign currency account. 

- HDFC Bank unveils co-branded credit card with e-Seva. 

- The Board of Directors of HDFC Bank Ltd at their meeting held on January 15, 2003 approved the appointment of Mr. Arvind Pande as an Additional Director pursuant to section 260 of the Companies Act, 1956. 

- EPFO JV with HDFC Bank for its pension distribution. 

- HDFC enters into agreement with HDFC Bank to source housing loans. 

- HDFC Bank, IRCTC in tie up for online railway booking. 

- HDFC Bank inks pact with ANB for remittance service 

- HDFC Bank introduces 'HDFC Bank Health Plus Credit Card'. 

- Uma Krishnan resigns HDFC Bank as country head. 

- Escotel ties up with HDFC Bank for Global Debit Card. 

- HDFC Bank launches India's first mobile payment solution. 

- HDFC Bank's debt programme of Rs 400-crore has received triple A (ind) rating from CREDIT rating agency FITCH. 

-Mumbai - HDFC Bank in collaboration with Tally Solutions is planning to launch electronic data interchange (EDI) system for small and medium enterprises (SMEs). 

-Warburg Pincus sells 2% stake in HDFC for Rs 235 cr 

- HDFC Bank began selling home loans of its promoter Housing Development Finance Corporation (HDFC). 

-Board approved to allot 4,16,400 equity shares to the employees of the Bank under the Employee Stock Option Scheme 

2004 

-Mr Ranjan Kapur & Mr Bobby Parikh appointed as Additional Directors 

-NMCE inks pact with HDFC Bank for warehouse receipts 

- HDFC Bank has entered into an alliance with Clearing Corporation of India Ltd (CCIL). The tie-up offers the latter's collateral borrowing and lending obligation (CBLO) product to cooperative banks that are not direct members of the negotiated dealing system (NDS). 

-HDFC Bank repurchases HDFC loans worth Rs 208 cr 

-Launches Quickremit, a unique online service that enables NRIs in the US to send money to their relatives in India

Page 22: 5 Companies

from the comfort of their homes. 

-Andhra Bank has entered into an alliance with HDFC Bank for sharing its network of automated teller machines (ATMs). On March 29, 2004 

- HDFC Bank and Bahraini Saudi Bank (BSB) have announced an alliance to cater to service the needs of the non-resident Indians (NRIs) in Bahrain. 

- HDFC bank Ltd has informed that Dr (Mrs) Amla Samanta has ceased to be a director of the Bank wef April 25, 2004. 

- HDFC Bank launches new scheme for Maruti 800 buyers, providing 85 per cent finance on the on-road price of the car for seven years. 

-HDFC Bank wins Asiamoney award for Best Domestic Bank 

-HDFC Bank managing director Aditya Puri has been awarded the management man of the year by the Bombay Management Association (BMA) 

-HDFC Bank has entered into an agreement with Shrachi Securities Ltd, the flagship company of the Kolkata-based Rs 300-crore Shrachi Group, for financing of multi-utility vehicles all over India 

-HDFC Bank has launched an online bill payment facility for its customers who are also subscribers to Tata Teleservices 

-HDFC Bank join hands with NCR Corporation to offer managed ATM services 

- IKF Finance Ltd has entered in to a Joint Lending Arrangement with HDFC Bank Ltd 

2005 

-TMB forges alliance with HDFC Bank 

-HDFC Bank inaugurates first ATM in Hotel 

- HDFC Bank ties up with the International Bank of Qatar (IBQ) to launch banking services in Qatar. 

- HDFC Bank launches loyalty rewards programme for its debit and credit cardholders under the name InstaWonderz. 

-HDFC Bank along with MasterCard International launched credit card targeted at small and medium-sized enterprises 

-HDFC Bank has tied up with US-based WL Ross and company LLC for investing in corporate restructuring 

-HDFC Bank unveils credit card for farmers 

2006 

-HDFC sets up two more branches in AP 

- Osim to join hands with HDFC Bank for consumer loans 

Page 23: 5 Companies

- HDFC Bank inaugurates VbV facility for online shopping 

- HDFC sets up two more branches in AP 

2007 

-HDFC Bank has signed an agreement with Tata Pipes to offer credit facilities to farmers across the country. 

-Hdfc Bank Ltd has appointed Mr. Pandit Palande as an additional Director of the Bank at the Board Meeting held today i.e. on 24th April 2007. 

- HDFC Bank Ltd has informed that the Board of Directors of the Bank at its meeting held on October 12, 2007, has been appointed Mr. Paresh Sukthankar & Mr. Harish Engineer as Executive Directors on the Board of Directors of the bank. Mr. Sukthankar & Mr. Engineer have been senior employees of the Bank since 1994 and have held various positions of responsibility. 

The above appointments as Executive Directors of the Bank are subject to approval of Reserve Bank of India and of the Bank's shareholders. 

2008 - HDFC Bank Ties Up With Postal Department, Extends Rural Reach 

- HDFC Bank Wins `Nasscom IT User Award The Year' 

- HDFC Bank Opens Its First Overseas Branch In Bahrain 

- HDFC Bank and Centurion Bank of Punjab merger at share swap ratio of 1:29 

- HDFC Bank Launches India's First Rural Banking BPO At Tirupathi 

- HDFC Bank Launches India's First "Online Market Linkage Programme" For Self Help Groups 

2009 - HDFC Bank Bags Asiamoney Award for the "Best Domestic Bank" - HDFC Bank offers electronic payment collection facility to Guruvayoor Devaswom. - HDFC Bank launches `Meritus' Scholarship Programme. - The Asian Banker declares HDFC Bank the Best Retail Bank 

2010 

- With a view to attract long term deposits and prevent premature withdrawal when the interest rates peak, HDFC, the housing finance major, has decided to pay variable interest rate on recurring deposits. 

- HDFC Bank on Feb 19 increased the fixed deposit rates by up to 150 basis points across maturities, a move that follows the Cash Reserve Ratio hike of 75 basis points by the Reserve Bank of India last month.

Page 24: 5 Companies

Tata motors ltd.Historic Data since 23 Aug 2010 - 09 Sep 2010

Date Open Value High Low Close Value Volume

23 Aug 2010 1024.00 1025.00 1005.90 1014.60 414312

24 Aug 2010 1014.50 1019.75 1007.00 1010.15 351855

25 Aug 2010 1006.00 1013.80 983.50 991.80 695638

26 Aug 2010 993.25 1018.00 985.00 997.65 966382

27 Aug 2010 1000.00 1012.00 987.50 990.70 456367

30 Aug 2010 996.00 1010.00 980.80 991.45 432446

31 Aug 2010 986.00 1012.00 982.85 1007.45 951987

01 Sep 2010 1015.00 1019.60 1002.00 1008.55 520825

02 Sep 2010 1018.20 1032.50 1014.10 1017.05 585999

03 Sep 2010 1022.00 1024.10 1010.05 1012.55 248110

06 Sep 2010 1016.55 1039.00 1016.55 1034.75 429659

07 Sep 2010 1030.00 1060.70 1030.00 1038.05 408692

08 Sep 2010 1033.00 1043.05 1026.00 1031.80 5061930

09 Sep 2010 1038.70 1042.70 1008.60 1015.50 374486

Page 25: 5 Companies

  1945 

- The Company was incorporated on 1st September at Mumbai to manufacture diesel vehicles for commercial use, excavators, industrial shunter, dumpers, heavy forgings and machine tools. 

- The commerical diesel vehicles which were known `Tata Mercedes Benz' (TMB) are now called `Tata' vehicles after the expiry of the collaboration agreement with Daimler-Benz AG, West Germany. The company also used to manufacture pulp and paper making machinery. 

1946 

-Tata Enginering undertook manufacture of 5000 'KC' broad gauge open wagons for the Indian Railway. 

-The Managing Agency Tata Sons was transferred to Tata Industries on July 1, 1946. The Managing Agency system continued till it was abolished by an act of Parliament in 1970. 

1948 

-Steam Road Roller introduced in collaboration with Marshal Sons (UK) 1950 Collaboration signed with M/s Krauss-Maffei, W. Germany for manufacture of steam locomotives 1954 Collaboration with M/s Daimler -Benz AG, W.Germany, for the manufacture of medium commercial vehicles at Jamshedpur. 

1956 

- Steel foundry set up in collaboration with Usines Emile Henricot of Court St. Etienne, Belgium. 

1959 

- Research and Development Center set up at Jamshedpur. 

1960 

- The company's name, which was Tata Locomotive & Engineering Company Ltd.was changed to Tata Engineering & Locomotive Company Ltd. 

1961 

-Collaboration with M/s Pawling & Harnischfeger (P&H), U.S.A. for manufacture of cable type excavators and cranes. 

1963 

- A project for the production of large press tools and complex dies was undertaken in collaboration with Raymond. F. Thompson (Engineers) Ltd. UK. 

1965 

- With effect from 1st July the Investa Machine Tools and Engineering Co. Ltd. was amalgamated with the company and it became the Machine Tool Division. 

1968 

-Vehicle manufacture facilities steadily built up at Pune 1968 Collaboration with M/s Hueller Hille Gmbh, W.

Page 26: 5 Companies

Germany, for the manufacture of unit construction special purpose machines. 

1970 

- Consequent to the amalgamation of Central Bank of India, Ltd., thecompany issued and allotted to the shareholders of erstwhile CentralBank of India, Ltd., 11,39,208 - 7.75% mortgaged debentures of Rs.100each on 1st October. Option was given to convert 50% of their facevalue of a block of 5 debentures into one equity share of the Companyat a premium of Rs.150 per share. 

- Consequently 3,19,825 debentures were submitted to convert 50% of their face value into 63,965 No. of equity shares. These shares were issued on 31st March 1975. 

- Subsequently, 3,19,824 debentures of Rs.50 each were consolidated into 1,59,912 debentures of Rs.100 each. As per the terms of issue, these debentures were to be redeemed at par anytime between 1.10.1975 to 30.9.1982. 

1971 

- Central Bank of India Ltd., was merged with the Company with effect from 24th April. Allotment of shares and debentures as per the terms of the scheme of amalgamation to the shareholders of Central Bank of India Ltd., was completed during January-March 1972. 

1972 

- During the year company made a sale of know-how to Tata Precision Industries Pvt Ltd in Singapore for the design and production of machinery and tools. The company was also appointed the technical consultants to TPIL for a period of 10 year for which the Company was to receive a royalty of 3.5% of net sales for seven years commencing from the date TPL start making profit. 

1974 

- The company entered into a joint venture with Tata Industries Sdn.Bhd. of Malaysia for the assembly of the Telco vehicles in Malaysia. 1979 

- The company issued 10,50,000-11% 7 year unsecured convertible bonds of Rs.450 each at par at an aggregate value of Rs.47.25 crores as follows: 2,54,701 bonds as rights to shareholders other than Daimler-Benz AG, West Germany: 1,44,444 bonds to Daimler-Benz Ag, West Germany; 1,15,355 bonds to employees and directors of the Company and 5,35,500 bonds to the public. The public offer as made during October 1980 and it was oversubscribed by five times. Conversion of bonds into equity shares will took place in 1983-84 and 1987-88. 

1983 

- The company issued 15% secured non convertible debentures of Rs.100 each aggregating to 30 crores in order to augment the long-term funds for working capital requirements and to meet the capital expenditure on its modernisation and replacement programme. This issue was made under the schemes, viz., 

- (i) Cumulative interest payment scheme and 

- (ii) non-cumulative interest payment scheme, which the applicant could choose. It also offered these debentures simultaneously to other categories of persons like the resident convertible bondholders, debenture holders, depositors, preference shareholders, directors and the Company's employees, their friends and relations and business associates of the Company. These are redeemable at a premium of 5% on 1st Nov. 1997 under the non-cumulative interest payment scheme and in three equal annual instalments starting from 1st November 1997 under the cumulative interest scheme. The interest rate has been reduced to 14%. The company also privately placed 5,500,000-15% NCD's of Rs.100 each of the series. 

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- 1,83,839 No. of equity shares issued (prem. Rs 14.79 per share) to holders of 10.5% deb. 10,10,696 No. of Equity Shares allotted (prem. Rs 60.70 per share) in conversion of 11% bonds (I Option). 

1984 

- The Govt. approval was received for increasing the vehicle manufacturing capacity to 35,520 vehicles per annum thereby bringing the total licensed capacity to 78,000 vehicles. A letter of intent was received for setting up a new plant for the manufacture of 9000 vehicles per annum in U.P which was later converted into an industrial licence. 

-Collaboration with M/s Hitachi Construction Machinery Co. Ltd., Japan, for manufacture of hydraulic excavators. Expansion of capacity at Pune. 

1984 

-Collaboration with M/s Hitachi Construction Machinery Co. Ltd., Japan, for manufacture of hydraulic excavators. 

1985 

- All the dies and many of the machine tools and production devices required for the new `TATA 407' and `TATA 608' series were produced by the Company in Capital Goods Division. The company started making CNC machines in Capital Goods Division and its engineers were receiving know-how and training from Nachi-Fujikoshi and Niigata of Japan with whom the Company was collaborating in these fields. A new electronics centres was also commisioned at Pune to support the manufacture and maintenance of this new generation of CNC machines. 

-Collaboration with Niigata Engineering Co. Ltd, Japanfor NC / CNC Horizontal Machining Centers and with Nachi-Fujikoshi Corp., Japan for NC /CNC In line Machining Centers and flexible manufacturing systems. 

1986 

- The company issued 40,00,000 15% NCD's at the rate of Rs.100 each for Rs.40 cr on rights basis. Subsequently 20,00,000 additional debentures were issued to retain over-subscription. These were allotted on 31 Dec. 1986 and are redeemable in 3 equal instalments off Rs 35 each at the end of the 7th, 8th, and 9th year at a premium of 5% being included in the 1st instalment. 

1987 

- The Company offered during August/September 11,15,790-12.5% secured convertible debentures of Rs.950 each as follows: (i) 8,87,368 debentures to the existing shareholders in the proportion of 1 debenture for every 6 equity shares held: (ii) 1,75,789 debentures to the holder of 11% convertible bonds in the proportion of 1 debenture for every 6 bonds held and (iii) 52,633 debentures to the employees (including Indian Working Directors)/workers of the Company on an equitable basis (only 35,864 debentures were taken up). Additional 2,65,789 convertible debentures were issued to retain over subscription in the cartegories (i) and (ii). 

- 10,10,196 Equity shares allotted (prem. Rs 60.70 per shares) in con. of 11% bonds in 1987-88. 40,69,573 No. of Equity shares allotted in con. of 12.5% deb. in 1988-89. 

1988 

- The Tata mobile pick up entirely designed and engineered by Telco was launched in July 1988. It also obtained know how for the manufacture of thin walled automotive aluminium castings from Kloth Senking Metallgiesserei Stahl Gmbh, West Germany. A portion of Rs.550 of each debenture issued in 1987 got converted into 2 equity shares of Rs.100 each at a premium of Rs.175 on 1st April 1988. A part of the remaining debentures were converted into 13,39,953 equity shares on 1st October 1988. The balance was either retained by the holders as debentures or sold back to the company by them at face value. 

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- During the year company undertook to set up a new forge shop, a high output foundry line, a new paint shop as well as augmentation of engine and gearbox manufacturing facilities, all at Jamshedpur. Test facilities such as specially constructed gradient track to check the climbing capability of vehicles and their ability to start on an incline was added to the Engineering Research Centre at Pune. 

- During the year company negotiating with Daimler-Benz for manufacturing their World Concept Truck in India. These vehicles were to be marketed overseas by Daimler-Benz under their brand which would lead to technological upgradation of the existing range of vehicles in India. 

1989 

- The company acquired 25% of the market share in the light commercial vehicles. The company signed an agreement with Hitachi Construction Machinery Co.Ltd. Japan for the manufacture of a more advanced series of hydraulic excavators ie, `EX'series. 

- During the year, Nachi-Fujikoshi, a collaborator of the Company agreed to buy the online machinery centres made in Telco's machine tool division. A letter of intent was also received for supplying vehicle aggregates to Mercedes Ben 355 Indonesian Partner. - During the year company obtained know-how for the manufacture of thin-walled automotive aluminum casting from Kloth Senking Metallgiesserei GmbH, a subsidiary of Salzgitter Stahl GmbH, West Germany. 

- 57,000-13.5% pref. shares redeemed. Equity shares sub-divided on 5.1.1990. 8,590 No. of equity shares of Rs 10 each issued (prem. Rs 30 per share) in part conv. of 12.5% debs. (Part B)> 

- The Company entered into an agreement with Cummins Engine Company Inc. USA for forming a 50% - 50% joint venture to produce fuel efficient engines with low-commission characteristics for powering the Company's range of Medium/heavy vehicles. The Company was incorporated in October 1993. Its factory is to be established at Jamshedpur. 

1990 

- A new model of earthmoving equipment the TWK-3036 Tata Front End Wheel Loader was introduced. 

- 57,000 - 13.5% pref. shares redeemed. 

1991 

- During the year the company entered into a collaborative agreement with an internationally renowned engine research and development organisation to jointly develop higher horsepower, fuel efficient diesel and petrol engines to meet the future requirements of the company. 

- The last quarter saw the company launching two new passenger vehicles, the SIERRA and the ESTATE totally designed and manufactured in India. The company acquired a BIFR company, M/s Noduron Founders Maharashtra Ltd. The total cost for Telco worked out to Rs.18 crores as against setting up of similar critical castings foundry. 

- During the year company launched a new earth moving equipment TWK-3036 Tata Front End Wheel Loader. 

- During February 1991 the company issued 207,34,603-12.5% secured partly convertible debentures of Rs.150 each on rights basis to the equity shareholders in the ratio of 5. Additional deb. 30,65,092 were allotted to retain oversubscription. Simultaneously 10,36,730 deb were offered to employees and an additional issue of 1,55,510 deb was made to retain oversubscription. All deb. were alloted on 25 April 1991. Part `A' of Rs. 50 was to be converted into 1 equity share of Rs 10 each at a premium of Rs 40 per share at the end of six months from the date of allotment. The balance of Rs.100 of part `B' of each debenture would be redeemed at the end of the 8th year from the date of allotment. 

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- All Pref. Shares redeemed. 248,24,008 equity shares allotted in conversion of debs. (3,340 shares-prem. Rs 30 per share; 27,60,868 shares (fully paid) prem. Rs 40 per share and 220,59,800 shares (partly paid) prem. Rs 20 per partly paid share. 

- Two new models in the EX series of hydraulic excavators were launched. A 10 tonne pick and carry articulated crane, designed and developed in-house was also introduced. 

1992 

- During this period two new models in the EX series of hydraulic excavators were launched. And a 10 tonne pick and carry articulated crane, designed and developed in-house was also introduced. With the help of Hitachi Construction Machinery Co. Ltd., EX-400 model Hydraulic excavator was introduced during the year. 

- The Company undertook to estabish a joint venture with Mercedes-Benz to manufacture automobile products for sale in India and to meet the needs of export markets. The project also included the possibility of manufacture of a Mercedes Benz passenger car for the domestic and foreign markets. Mercedes-Benz India Pvt. Ltd., was incorporated on November 1994 which commenced initial assembly of cars in March 1995. 

- During the year company entered into an agreement with Nachi-Fujikoshi Corporation, Japan to manufacture arc and spot welding robots suitable for automobile manufacturing applications. 

- During the year, company undertook to set up a joint venture with Asian Glass Co. Ltd., Japan to manufacture float glass to be used as wind shields for automobiles. ACC along with Tata Exports Ltd., participated in the joint venture. The joint venture named as Floathlass India Ltd., the Company would have a stake of 16.33%. 

- Tata Cummins Ltd., Mercedes-Benz (India) Ltd., Tata Holset Ltd., Tata Precision Industires, Singapore and Nita Company Ltd., are the joint Ventures of the Company. 

- 1,83,823 equity shares allotted without payment in cash to members for Noduron Founders Ltd. on its merger. Another 1,54,809 equity shares allotted (prem. Rs.40 per share) in conversion of debentures. 

1992 

- Production of MCV's commenced at Lucknow. 

1993 

- During the year company introduced the Tata full forward 609 LP bus and Tata 609 SFC semi forward version. It was proposed to introduce new four cylinder petrol engine during mid 1995. 

- During the year Telco entered into an agreement with Cummins Engine Company Inc. USA for forming a 50%-50% joint venture to produce fuel efficient engines with low-commission characteristics for powering the Company's range of Medium/heavy vehicles. Its factory is to be established at Jamshedpur for an annual output of 67,000 engines. 

- Tata vehicles were launched in Argentina Chill, Paraguay etc. 

- Joint Venture Agreement signed with Cummins Engine Co. Inc.to manufacture high horsepower and emission-friendly diesel engines for medium and heavy commercial vehicles. 

1994 

- During the year company introduced the Tata SUMO and LPT 709. Thecompany developed a new fuel injected, 4

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cylinder petrol engine withthe assistance of AVL Austria. 

- During the year company manufactured 4 basic robot for spot welding, sealant application and arc-welding. Also manufactured a 3 axis copy milling machine, a 2 station 2 spindle fine boring machine and a crank pin milling machine. - On 22nd April an agreement was entered into between Daimler-Benz AG and Merceded Benz India to manufacture `E' Class paneyer cans and engines in India. The project is to be located at near Telco's factory in Pune with capacity to manufacture 20,000 cars and 30,000 engines. 

- Tata Technologies (India) Ltd., Sheba Properties Ltd., and Matruchhaya Capital and Finance Ltd., are all subsidiaries of the Company. 

- On September, the company jointly with Tata Exports Ltd., and Tata Industries Ltd., signed an agreement with Holset Engineering Ltd. UK to set up a joint venture company to manufacture Holset turbochargers. Accordingly Tata Holset Private Ltd., was established on 20th December. - During the same year a new foundry was commissioned at Pune to produce high pressure die cast and granting die-cast aluminium components for automobiles. Production commenced from March. 

- During July, the company offered 36,11,758 Global Depositary shares and 36,11,758 warrants along with international units purchase 1 Each warrant entitiled the holder to share of US $ 15.46 (Subject to adjustment in case of bonus/Right issue) during the period of 8th March. 

- Effective 25th July, the Company allotted 82,14,288 shares of Rs 10 each against the GDRs. 

- The Company successfully launched high performance, low emission and fuel efficient medium commercial vehicles with cummins engines in Kuwait, Kenya, Zambia and Ghana. 

- The Company also proposed to introduce vehicles with cummin engines in the heavy commercial vehicles segment. 

- Taking advantage of the broad banding policy announced by the Government of India, the Company entered into a collaboration agreement with Honda Motor Co. Ltd., Japan, for the manufacture of their `ACCORD' model of cars in India. 

- A shovel version of model EX 300 LC was introduced. 

- A 6 tonne mini excavator was launched. 

- On 22nd April, an agreement was entered into between Daimler-Benz AG and Mercedes Benz AG, Germany to setup a joint venture company Mercedez-Benz India to manufacture `E' class paneyer cans and engines in India. 

- Tata Technologies (India) Ltd., Sheba Properties Ltd., and Matruchhaya Capital and Finance Ltd., are all subsidiaries of the Company. 

- 82,14,288 shares allotted against GDR. 

1995 

- During the year a new double pick-up and Army Version of various Telco Vehicles were developed. A new pero engine and turbo diesel engine, an up-graded 709 LCV, new sports utility vehicle Safari expected to be launched shortly. 

- A 25 tonne 6 X 2 truck and a bus with cummins engine were launched. 

- Tata Engineering and Locomotive Company (TELCO), has acquired a second hand paint shop, machine line and cylinders from the Australian unit of the Japanese auto giant, Nissan. TELCO is believed to have picked up the unit

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for Rs. 70 crore. The total cost of import duty would be Rs 100 crore. 

- During the year a machine tool division was expanded so as to double its machine building capacity and significantly reduce production times. 

- During December, company issued 58,86,697 warrants to Tata Companies and Daimler Benz AG with a right to subscribe to one ordinary share per warrant at Rs.362 per share before 27th. 30,84,414 shares were allotted. 

- 860,49,140 bonus shares issued in prop. 3:5, 187,73,487 No. of equity shares allotted on exercise of warrants. 

- A new double pick-up and army version of various Telco Vehicles were developed. 

1996 

- TELCO has decided to launch a new indigenous family car, by the middle of 1996. The company seeks to manufacture a 900cc engine car. The car would cater to the domestic as well as the export market. Initially, a production of 150,000 cars is envisaged. The production would be significantly increased in the next few years, to make TELCO, the largest producer of small engine cars in the country. - During the the company introduced the 70-tonne Tata-Hitachi Ex-700 Shovel, the largest in the value of Ex series of hydraulic excavation fielded by Teleco. Also, a back-hoc version of Ex-400 model was launched and the Ex-300 LC model was specially modified for use in granite mining operations. 

- During the year a new collaboration agreement was signed with Nachi-Fujikshi Corporation, Japan to manufacture and advanced generation of Robots. 

- The Company allotted 140,35,086 No. of equity shares of Rs 10 each through Global Depositary Receipts (GDR's) in the international market aggregating US $200 million. 

- The Company has launched "Tata Safari" in its Multi utility vehicle segment. 

-Tata Holset's turbo charger plant inaugurated on November 25, 1996. 

1997 

- To meet the planned long-term capital requirement of funds, the Company issued unsecured 10 year Yankee Bonds totalling US $ 200 million in the overseas market in July 1997. 

- To meet its working capital needs, the Company issued Commercial Paper (CP) of Rs. 300 crores for the first time. The CP programme was given the highest rating of `A1 +' by the Investment Credit Rating Agency (ICRA). 

- In November 1997, the Company made a private placement of 7-year Secured Non-Convertible Debentures of Rs. 115 crores @ 12.25% - one of the lowest rates for any such issue in the market. 

- The Company made into auto related joint ventures promoted by Tata Industires Ltd., viz., Tata Auto Comp Systems Ltd., and Concorde Motors Ltd. (CML). CML estabished in associations with Jardine Matheson Group, Hongkong would set up showcase dealerships in India for retaining automobiles. 

- A new information technology company, Tata Technologies (India) (TTIL), providing solutions to engineering, manufacturing and distribution industries has been set up as a subsidiary of Telco. 

- The Tatas are all set to establish a unit for producing trucks and earth moving equipment at Dharwad. 

- The Tata Engineering and Locomotive Company Ltd. (TELCO) has emerged as numero uno in the Review 200

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survey conducted by the Far Eastern Economic Review in association with Citi Bank. 

- Telco proposes to develop and produce various new models at an investment of Rs.20 billion over the next few years. 

- Automobile giant Telco will be installing an electronic data interchange (EDI) network that will connect the Telco plants, with its vendors. 

- The Tata Engineering & Locomotive Company (Telco) will pick up a 7.2 per cent stake and ACC Ltd 18.8 per cent in the revised equity structure of Bridgestone-ACC, thus paving the way for a fresh round of speculation on whether the cement major is actually out of the Tata fold. 

- Telco became the first Indian private company to reach the sales of Rs.10,000 crore. 

- Telco has entered into an alliance with Bridgestone to promote a new company, in which Bridgestone will hold a 51 per cent equity stake, to manufacture automotive tyres. 

- The company will set up a 1.5-lakh per annum capacity car unit. The proposed plant will be part of a comprehensive facility being set up by Telco which will have flexible lines capable of manufacturing the small car, the Sumo and other models which are being worked out. 

- Telco's collaboration with John Deere is for the manufacture of 2.5 cum backhoe loaders which the company proposes to introduce in domestic markets later this year. The company's technical agreement with Hitachi is for the manufacture of a 60-tonne hydraulic excavator which is slated to hit the market this year itself. 

- The agreement with Le Moteur Moderne is for the development of diesel and petrol engines for its passenger car project. With Nachi-Fujikoshi, Telco plans to make an advanced generation of robots to be used to weldline for the manufacture of Bodies-in-White (BIWs) and to perform other operations during the manufacture of small cars to ensure quality, accuracy, and fatigue-free high volume production. - Telco's $200-million Yankee bond issue has been awarded a NAIC 2 by the insurance companies rating standard in the United States. Telco is only the second Yankee bond issue from India after Reliance Industries and is the country's lowest-priced international bond. Telco is rated Baa3 by Moody's and BB+ by Standard & Poor's, which are also India's sovereign ratings. 

- The Tata Engineering & Locomotive Company (Telco) management has signed a wage agreement with the Telco Employees' Union at the Pimpri-Chinchwad manufacturing facility conceding a wage hike of Rs.1,701 per month. 

- The Karnataka plant is being set up to build special purpose and heavy duty vehicles. It will, however, initially assemble company's 4,021 trucks and earth moving equipments and excavators. 

- Telco is showcasing its sportscar `Telsport' 4X4 for the first time at the fourth Middle East International Show opening at Dubai on 10.11.97. 

- Telco is the second Indian four wheel maker after Mahindra and Mahindra to participate in the show which has attracted 200 exhibitors from 28 countries including world market leaders like BMW and Mercedes. 

- Telcosport will be TELCO's first entrant in the passenger vehicle segment to be followed by a five-door SUV in the later part of next year. 

- The Industrial Credit & Investment Corporation of India (ICICI) has entered into a Rs 167-crore structured deal with Telco. This is the largest asset securitisation deal in the country. 

- Tata Industries Ltd (TIL) is setting up a 50:50 joint venture in alliance with Jardine International Motors Ltd (JIML) for establishing an automobile retail and after-sales service company which will operate dealerships for Telco passenger cars in certain cities in India. 

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- The Company introduced a 9-tonne vehicle which was well received in the market. A 40 tonne tractor trailer powered by a Tata Cummins Engineering was introduced. 

- The Company developed a low floor bus chassis to meet the specific needs of urban transport. 

- The Company signed a new agreement with Hitachi for manufacture of upgraded versions of existing range of excavators. 

1998 

- Telco proposes to set up authorised service stations every 100 km on every highway. 

- Telco is proposing to commercially produce compact, efficient and economically viable vehicles which use alternative fuels within the next two years. 

- The Tata group has signed a joint venture with Jardine International Motor Mauritious (JIMM) to establish a passenger car dealership network in the country. 

- Jardine International Motors (JIM), which recently set up a Rs.86-crore joint venture vehicle dealership network, called Concorde Motors Pvt. Ltd, in league with Tata Industries and Telco, has shown interest in representing the latter in export markets. 

- Tata Engineering and Locomotive Company Ltd (Telco) announced a tie-up with Tata Finance Ltd and ANZ Grindlays Banks as the official financiers for its small car "Indica" to be launched in December. 

- Tata Engineering Locomotive Company Ltd (Telco) is selling its construction equipment business into a new subsidiary company, Telco Construction Equipment Company Ltd. 

- The Company in its small car segment has launched "Tata Indica" which evoked an overwhelming response in the Indian market. 

- A new range of cummins engine powered vehicle which include a 35 tonne and a 40 tonne articulated truck and two variants of buses. 

- To make substantial improvement in the quality of bus bodies available with TATA vehicles, the Company encouraged a collaboration between Fuji Heavy Industries of Japan and the Automobile corporation of Goa. The new project undertakes production of bodies on TATA chassis, conforming to the most exacting international standards. - Concorde Motors Ltd., a Joint Venture between Tata Engineering and Jardine International Motors (Mauritius) Ltd. was appointed as dealer for the Company's passenger cars in several cities across the country, in Feb 1998. 

1999 

- Telco is the first Indian manufacturer to offer commercial vehicles meeting euro-I emission norms, a year before they are due to be introduced in the country. - It is proposed to make TCECL a one-stop shop for construction equipment and earthmoving machinery. 

- TATA Engineering and Locomotive Company Ltd (Telco) will receive a consideration of Rs 200 crore as equity and share premium and the rest as loans valued at Rs 400 crore from the sale of its construction equipment division. 

- In Oct 1999, the Company won the National award for R&D Efforts in Development of Indigenous Technology in the Mechanical Engineering Industries Sector instituted by Department of Scientific and Industrial Research, Ministry of Science and Technology for the year 1999. 

- The company obtained shareholders' approval for hiving off the division into a 100 per cent subsidiary, Telco

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Construction Equipment Company Ltd (TCECL), at an extra general body meeting (EGM) held here in Mumbai today. 

- Tata Engineering & Locomotive Company Ltd. Spun off into a joint venture company, the CEBU would be able to make a range of products, besides maintaining dominant market share in existing products. 

- Tata Holset is a 50:50 joint venture between Telco and its foreign partner. 

- SKF Bearings India Ltd has signed an agreement with Telco to supply hub bearings for its latest model Tata Indica. 

- Telco presently has a joint venture with Daimler-Chrysler in India, Mercedes Benz India, which manufactures the top-of-the-line Rs 26 lakh-plus Mercedes Benz E Class. Telco has reduced its stake in the venture to around 14 per cent. 

- Tata Technologies, a Telco subsidiary, has launched a value chain management (VCM) system designed to enable value-based interaction between business partners and manufacturers. 

- Machine Tools and Growth Divisions, Axle Division and Transmission Division of Tata Engineering transferred to newly formed subsidiaries Telco Automation Ltd., HV Axles Ltd. 

2000 

- The Company has declared a lockout at its Lucknow plant following employee unrest and policy firing. Employees have been demanding parity in wages with their counterparts in the Telco establishments at Jamshedpur and Pune. 

- The Company is working towards introducing two new petrol-driven variants of its small car Indica, powered by a multi-point fuel injection engine. 

- The Company has launched the Indica 2000, the Euro II Complaint, 75 BHP multi-point fuel injection (MPFI) version of Indica. 

- The Company has won the National Technology Award for indigenous development and commercialisation of the Tata Indica car. 

- The Company has launched its new hi-tech Indica 2000 car with MPFI petro engine in Guwahati. 

- Tata Engineering is all set to become the first company in the group to offer ESOPs to employees. 

- The Engineering is exploring marketing tie-up with global automobile firms. 

- The Company is decentralising the marketing operations of its commercial vehicle business. 

- The Company has shut down its commercial vehicles assembling unit at Lucknow following persistent labour problems. 

- Telco has decided to defer the launch of its mid-sized passenger car, Magna, to around June 2002. 

- Tata Engineering & Locomotive Co., is renamed as Tata Engineering Ltd. It has replaced its three-shift production line with a one-shift daily schedule starting from 26th June. 

- The Company has launched a programme `Super bazar' for owners of commercial vehicles whereby they can get their vehicles evaluated on the spot as to present value and investment required for upgradation. 

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- The Company has appointed ICICI as a preferred financier for customers buying its range of vehicles, including the Indica. 

- Tata Engineering has seen a marginal increase in its market share in the utility vehicle segment to 26.1 per cent for the period April-July. 

- R B Khadikar, vice-president of engineering centre, telco has been presented the "outstanding automobile engineer of the year award" for 1999. 

- The five-month-old lockout in the Lucknow unit of heavy automobiles giant Tata Engineering and Locomotive Company has been lifted an agreement between he management and employees. 

- ICRA has revised the rating assigned to the Rs 600-crore long-term NCD programmes of auto majorTelco from `LAAA', indicating highest safety to `LAA+' indicating high safety. 

- FICCI-SEDF- Businessworld-Compaq award for social responsiveness was awarded to the company. 

- The Central Pollution Control Board for Environmental Technology award has been presented to Tata Engineering in recognition of its contributuon towards efforts to conserve the environment. 

- The Premier vehicle manufacturer of the country, TELCO, has closed down its unit for maintenance for seven days from 27th November for the first time in its 47-year history. 

- Tata Engineering has joined hands with Daimler-Chrysler, the world's third largest auto conglomerate, forming a consortium to bid for an order of 60,000 light commercial vehicles from the South African government. 

- V Krishnan has been appointed as Vice-President of Telco. 

- The Company has bought a group pension insurance scheme for its employees from the Life Insurance Corporation. 

2001 

- Tata Engineering has decided to go in for a strategic alliance with world leaders of engines, gearboxes and axles. 

- Crisil has downgraded the Rs 177 crore non-convertible debenture (NCD) issue of Tata Engineering to AA from AA+. 

- Despite the slowdown in demand, Telco is targeting an 18 per cent growth in its passenger car and utility vehicle volumes in the current fiscal. 

- Telco and PSA Peugeot Citroen have called off the proposed venture for developing a mid-size passenger car. 

- TATA Engineering on September 10 announced the addition of MPFI petrol version to the Indica V2 range. The model will be available at an ex-showroom price beginning Rs 3.22 lakh outside Mumbai. 

- Tata Engineering and Locomotive Company, passing through its most difficult phase in recent years, is planning to raise about Rs 300 crore through the sale of investments. 

2002 

-Foreign Institutional Investors (FII) hike stake in the company to 13.34% 

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-Launches six new products in light, medium and heavy vehicles segments on Jan 15 during Auto Expo 

-Announces financial restructuring 

-Displays its Tata Sedan car at the Geneva Motor Show 

-Indica adjudged top selling B-segment car in 2002 

-Launches two new motorsport cars (The Zero and Double Zero Pace cars) 

-High Court Approves Tata Engineering's Financial Restructuring 

-Tata Engg, BPCL tie up to market co-branded lubricants 

-Tata Steel's investment in Tata Engineering has been hiked to Rs 117.98 crore over the last year 

-Telco names Sedan as Tata Indigo 

-Unveils 'EX' series of medium and heavy commercial vehicles 

-Signs agreement with Depository for two way fungibility of GDRs with Ordinary Shares 

-Begins work on its new second generation platform, which would replace the existing car with the utility vehicle platforms in all its products 

-Uses Tata Safari in Ram Gopal Varma's film 'Road', spends close to Rs 1 crore for the in-film product placement 

-Indica sales cross two-lakh mark 

-Collaborates with Nippon-Arcelor for technical knowhow on CR steel 

-Increases its equity in Concorde Motors to 49% 

-Mops up Rs 100 cr through debenture issue 

-Unveils the 207 DI, the first of its small commercial vehicles (SCV) in Maharashtra with a focus on the LCV segment 

-Launches new range of Tata Safari 

-Acquires 5.91% stake in Tata Precision Industries Pte Ltd., Singapore, taking the stakeholding in the company to 49.99% 

-Ties up a manufacturing & supply agreement with MG Rover Group of the UK 

-Floats division to develop used car market 

-Releases medium size segment car Indigo in Andhra Pradesh 

2003 

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-Unveils Tata 207 DI in Andhra Pradesh 

-Telco's sedan debutes at the top of the C-segment sales 

-Receives Teri's (The Energy and Resources Institute) CoRE-BCSD (Corporate roundtable on development of strategies for sustainable development and environment-business council for sustainable development) corporate social responsibility (CSR) awards for '01-02 

-Brings down price of passenger car following the excise duty reduction in the Budget 

-Unveils Indigo Station Wagon at the Geneva Auto Show 

-Signs distribution agreement with Rover for Safari in UK 

-Standard & Poor's Ratings Services revises the outlook on its `BB-' rating for Tata Engineering to stable from negative 

-Overtakes Hyundai in passenger vehicle market 

-Unveils 'Tata 207 DI' in Delhi 

-For the first time in the auto industry, Tata Engineering outsources the manufacturing activities of its special, fully-built vehicles range that includes ambulances, tippers produced at Dharwar unit in Karnataka 

-Company turns around, posts profit of Rs 300.11 crore as against the loss of Rs 53.73 crore the previous corresponding period 

-Unveils 'Tata 207 DI' in Mumbai 

-International Finance Corporation (IFC), the private lending arm of the World Bank, inks $50 mn loan agreement with Telco 

-Company name changed from Tata Engineering & Locomotive Company Ltd. (Telco) to Tata Motors Ltd. (TML) with effect from July 29, 2003 

-Successfully completes Foreign Currency Convertible Bond offering aggregating $90 million with a green shop option of $10 million 

-Issues 1% convertible notes due 2008 

-Tata Motors, IOC tie-up for joint marketing services 

-Unveils a customer care campaign called Project Vishwaas for its commercial customers across the country 

-Crosses production milestone of 3 million 

-Unleashes Safari's petrol version; priced at Rs 9.35 lakh 

-Unveils CityRover 

-Tata Motors Ltd signed a binding Memorandum of Understanding (MoU) with Deawoo Commercial Vehicle Company Ltd (DWCV), Korea for the acquisition of this company. 

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-Introduces Tata SFC 407 EX Turbo Light Commercial Vehicle (LCV) 

- The Company shall be changed from 'TELCO ' to 'TATAMOTORS' w.e.f December 24, 2003. 

-Tata Safari ranks No 1 in MUV/SUV segment 

2004 

-Tata Motors launch an upgraded version Indica on January 15, 2004, in a bid to shore up sales of the small car. 

-Auto Expo: Tata unveils new version of Indica 

-Tata Motors unveils Indica V2 

- Tata Motors launches new Indica V2 in Kerala 

-Tata Motors introduces new 'Indicab' for tour operators 

-The much hyped Rs one lakh passenger car project of Tata Motors was going ahead as planned. 

-Tata Motors in talks with bus body builders to franchise manufacturing 

-Tata Motors enters agreement with Ukraine bus building firm 

-Tata Motors enters into agreement with Etalon 

-In a move to consolidate its presence in the light commercial vehicles segment, Tata Motors has launched a new variant of its 407 series with increased pay load capacity called SFC 407EX. 

-Tata Motors buys Daewoo truck unit for Rs 465 crore 

-Tata Motors unveils Tata SFC 407 EX in Kerala 

-Tata Motors inks agreement with Austrian, French companies 

-Acquires Daewoo Commercial Vehicle Company Ltd (DWCV), Korea. 

-Tata Motors launches new 6-tn truck 

- Tata Motors forays into used truck biz with Tata Preowned 

-Tata Motors, the country's largest commercial vehicles manufacturer unveiled the new LPT 909EX Turbo Truck in Tamil Nadu. 

-Tata Motors and Tata Africa unveiled a range of passenger cars, utility vehicles, pick-ups, trucks and buses for the South African market 

-Tata Motors has launched a facelifted version of its multiutility vehicle, Tata Sumo 

-Tata mototrs rolls out Tata SFC 407EX BS II turbo light commercial vehicle 

- HR-training division of Tata Motors bags the prestigious and internationally recognised "Golden Peacock National

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Training Award" in the category of `Large Employer'. 

-Tata Motors launches Indigo Marina on September 14, 2004 

-Tata Motors joins hands with Magma Leasing Ltd 

-Bharat Petroleum Corporation Ltd (BPCL) has entered into a marketing tie-up with automobile manufacturer Tata Motors for marketing of engine oils as co-branded lubricants for their commercial vehicles 

-Tata unveils Indigo Marina in Kerala 

-Andhra Bank ties up with Tata Motors 

-Tata Motors unveils 2 new versions of Indica 

-Tata Motors has tied-up with Corporation Bank to offer finance options for passenger car vehicles at nine per cent interest for a three repayment period and 9.5 per cent interest for five year repayment 

-Tata Motors on December 7, 2004, signs an MoU with State Bank of India (SBI) 

2005 

-Tata Motors inks agreement with Hispano Carrocera for 21 pc stake 

-Tata Motors & Hispano Carrocera SA sign Investment Agreement 

-Tata Motors partners with IOC for bio-diesel pilot project 

-Tata Motors launches ACE 

-Tata Motors unveils Tata Safari DICOR in Kerala market on August 11, 2005. 

-Tata Motors rolls out 2 luxury variants of Indigo 

-Sumantran quits Tata Motors 

-Tata Motors unveiled new Indica V2 Turbo with a price tag of Rs 4.10 lakh for DLG variant and Rs 4.31 lakh for DLX 

-Tata Motors unveils Novus 

-Tata Motors ropes in CVTech to make parts for its small car 

-Tata Daewoo inks pact with Pakistan co. 

2006 

-Tata Motors launches Cliffrider 

- Tata Motors unveils new long wheel base premium Indigo & X-over concept at Auto Expo 2006 

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- Indica V2 Xeta launched 

- Passenger Vehicle sales in India cross one-million mark 

- Tata Motors and Marcopolo, Brazil, announce joint venture to manufacture fully built buses & coaches for India & markets abroad 

2007 

- Tata Motors has been presented the Golden Peacock Global Award for Corporate Social Responsibility (CSR) in the Large Business category by the Institute of Directors. 

- Tata Motors buys Nissan facility in S. Africa. 

- Tata Motors has got a prestigious order from the Delhi Transport Corporation (DTC) for 500 non-AC, CNG-propelled buses. 

- Tata Motors Ltd has appointed Mr. P M Telang as Executive Director (Commercial Vehicles). 

- Tata Motors Ltd has informed about the appointment of Dr. R A Mashelkar, Independent Director as an Additional Director of the Company with immediate effect. 

- Tata Motors has rolled out the Sumo Victa Turbo DI, the new advanced range of its entry-level utility vehicle, the Sumo Spacio. 

2008 

-Tata Motors signs deal with Chrysler electric vehicle unit. 

- Tata Motors launched out the new generation of its flagship passenger car Indica on Aug 23. The new model called 'Indica Vista' 3.8 m long and 1.7 m wide is larger than the existing Indica and has more interior space than the original one. 

2009 

- Tata Motors has entered into an agreement with Andhra Bank for financing its range of passenger vehicles, which will provide an added facility of car finance to its customers. 

- Tata Motors Ltd has appointed Mr. V K Jairath, Independent Director as an Additional Director of the Company with effective from March 31, 2009. 

- Bank of India has entered into a pact with Tata Motors for financing Fiat cars, which are available through the Tata-Fiat dealer network. For availing the loans, the customers can get loans at special interest rates of 9.75 per cent to 10.25 per cent for loans up to Rs 10 lakh for the Linea, Palio and soon-to-be launched Grande Punto. 

- Tata Motors, one of the promoter group companies of Tata Steel, has pledged its entire holding of over 1.04 crore shares in the steel major 

2010 

- Tata Motors on June 2 opened its brand new plant in Sanand, set up at a cost of Rs 2,000 crore, to manufacture wonder car Nano. The Sanand plant was inaugurated by Tata Group Chairman Ratan Tata and Gujarat Chief

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Minister Narendra Modi. According to Tata officials, the Sanand plant will have an initial production capacity of 2.5 lakh Nano cars a year, which will be gradually increased to 5 lakh cars a year. 

- IndusInd Bank and Tata Motors inked an agreement. As per the deal, IndusInd Bank will provide channel finance facilities to Tata Motors' dealers. Meanwhile, the dealers of Tata Motors will now have access to ready upstream finance from IndusInd Bank.

Infosys technologies ltd.Historic Data since 23 Aug 2010 - 09 Sep 2010

Date Open Value High Low Close Value Volume

23 Aug 2010 2761.00 2806.80 2760.00 2792.35 39223

24 Aug 2010 2785.00 2792.35 2756.00 2765.50 47530

25 Aug 2010 2760.00 2788.00 2755.00 2771.85 37236

26 Aug 2010 2778.00 2778.00 2748.00 2763.50 47555

27 Aug 2010 2757.00 2757.00 2690.00 2708.85 79702

30 Aug 2010 2722.00 2738.10 2666.00 2696.00 66615

31 Aug 2010 2680.00 2718.00 2675.00 2707.10 60366

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01 Sep 2010 2707.00 2783.15 2707.00 2775.75 88066

02 Sep 2010 2777.10 2790.00 2745.20 2750.65 41932

03 Sep 2010 2765.00 2802.00 2763.00 2771.65 45059

06 Sep 2010 2770.00 2840.00 2770.00 2831.50 75466

07 Sep 2010 2822.90 2867.00 2809.00 2855.55 107067

08 Sep 2010 2855.00 2878.25 2827.00 2872.05 87925

09 Sep 2010 2872.00 2895.90 2859.25 2891.30 82428

 

  1981 

- On July 2nd the company was incorporated as Infosys Consultants Private Limited at Mumbai. 

- INFOSYS was promoted by software professionals, Viz Mr. S. Gopalakrishnan, Mr. K. Dinesh, Nandan M Nilekani, Mr. S.D. Shibulal, Mr. N.R. Narayana Murthy & Mr. N S Raghavan. 

- The company is engaged in software development in the form of services, turnkey projects and products for the domestic and export market. The software development is targeted towards the distribution, banking, telecommunication and manufacturing sectors worldwide. 

1992 

- On April 21st the name changed to Infosys Technologies Private Limited, and the Registered office was moved to Bangalore. 

- On June 2nd the company was converted into a Public Limited Company under the name Infosys Technologies Ltd. - The company provides software maintenance, re-engineering and downsizing of software applications in these market segments. It also markets internationally, two well-known packages, one for the distribution industry (DMAP) and one for retail banking (Bancs 2000). 

- The company has a joint venture in USA with KSA (Kurt Salmon Associates). KSA is a $40 million management consultancy company operating in ten cities of the USA and also in eight different countries. The company also has an offshore software development centre for General Electric USA. Yantra Corporation is an wholly owned subsidiary of the Company. 

1993 

- The Company turned up with ISO 9000 certification. 

- 19,76,100 No. of equity shares of Rs 10 each issued, subscribed and paid-up (15,84,000 shares to directors, promoters; 2,68,100 shares to employees of the company and 1,24,000 shares at a prem., of Rs 70 per to shareholders on right basis). 

- 68,600 shares reserved for allotment in preferential basis to employees of the company and group company (only 10,3000 shares taken up). Balance 13,07,200 shares along with 58,500 shares not taken up by employees were issued to the public (all were taken up). 

- The Company is entering into an agreement with Analog Devices Inc., USA, under which ADI will sell GAMANA

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Vector Tutorial software package (GVT), GAMANA Motion Control Development System (GMCDS) boards, GAMANA chip-sets and related software. 

- During the period company undertook to expand its activities by setting up a software technology park on 100% EOU. For this purpose Co. acquired 5 acres of land at Electronic city near Bangalore. 

- To part finance the Company's project for setting up a Software Technology Park, Company made a public issue of 13,76,000 equity shares of Rs. 10 each at a premium of Rs. 85 per share in February. 

1994 

- During the year marketing offices were opened in San Francisco, Cincinnati, New York and Dallas. 

- During the year company proposed to make a preferential issue of 7,50,000 warrants convertible into shares to the Infosys Technologies Ltd. Employees Trust to form the basis of employee stock offer plan. 

- 33,52,100 bonus equity shares issued in proportion 1:1. 5,50,000 No. of equity shares of Rs 10 each allotted at a premium of Rs 440 per share to FIIS, Mutual Funds and other on preferential basis. Of these some shares were forfeited. 

1995 

- On 11th February, the new STP at Electronics City was officially inaugurated. This is the largest, single-location, software development center available in India. - During the year BANCS 2000 was installed in Kenya, opening up the export market for the banking product group. 

- Necessary permissions were received for selling up wholly owned subsidiaries in the USA, Europe & Asia-pacific. 

- During the year the company established Yantra Corporation, a wholly owned subsidiary in USA investing US $ 5,00,000 in the equity of the said subsidiary. 1996 

- The company recorded six new installations of BANCS 2000 in Africa & Asia. A new strategic business unit (SBU)-5 was added to concentrate on Internet and Internet consultancy. 1997 

- The Institute of Chartered Accountants of India awarded the Silver shield for the Best-Presented-Accounts, amongst the entries received from the non-financial, private sector companies for the year 1995. - The readers of the well-known Asia Money magazine have voted the company as India's best-managed Company for the year 1996. Company also won several awards for export performance. 

- In December, the Company announced its plans for an ADR issue up to US$ 75 million. 

- The World Economic Forum selected Infosys as one of India's most remarkable and rapidly growing entrepreneurial companies in November. 

- 8008,600 bonus shares issued in propr. 1:1, 7,34,500 No. of equity shares at a prem. of Rs 90 per share allotted on convertion of warrants. 14,500 forfeited shares issued. 

1998 

- During the year, the issued, subscribed and paid-up capital increased by Rs. 8,75,76,000 consequent to the issue of 7,49,000 shares of Rs. 10 each, fully paid, to employees of the Company and the Employees Welfare Trust under the ESOP, and a bonus issue of 80,08,600 shares in the ratio of 1:1 to the members, as of the record date. Of the total paid-up capital of Rs. 16,01,72,000, Rs. 12,92,69,000 (81% of the paid-up capital), has been issued as bonus

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shares. 

- During the year the company received several AWARDS. 1. For the second year in succession, the Company received the Silver Shield from the Institute of Chartered Accountants of India for the Best-Presented-Accounts, amongst the entries received from non-financial, private sector companies, for the year 1995-96. 

- The readers of Asia Money magazine, once again, voted Infosys the best in Strategy and Management from among the listed companies in India, and among the best in Asia, for the year 1996-97. 

- BANCS 2000 received the CSI-WIPRO award for the Best-Packaged-Application, in December 1997, at the SEARCC '97 Conference in Delhi. 

- A Certificate of Merit, was received from the Ministry of Commerce, Government of India, for meritorious performance in the field of exports during 1995-96. 

- A special award for "Innovation of new products in computer software and related services during 1995-96" was given by the Electronics and Computer Software Export Promotion Council, Delhi (sponsored by the Ministry of Commerce, Government of India). 

- The Bangalore Stock Exchange rated the Company as the Best Regional Company for all-round quality management, and as a company which gives top priority to shareholder interests. The Company is the first to receive this award. 

- Infosys Technologies Ltd has signed up with the US-based Copeland companies to set up a client services workstation (CSW) for providing retirement planning products and services to non-profit organisations (NPOs). 

- Infosys Technologies Ltd has entered into an agreement with the US-based CyberShop International Inc. Under the pact Infosys will develop a complete electronic commerce system for CyberShop which is a leading upscale online retailer, with more than 40,000 products from over 400 manufacturers of upscale merchandise. 

- The Economic Times Awards for Corporate Excellence was won by Bangalore-based software giant Infosys Technologies of the Year. 

- Infosys Technologies Ltd (Infosys) is evaluating the possibility of setting up a software development centre either in the Philippines or in China. It is also looking at setting up a centre each in Europe and the US in the next six months. 

1999 

- Alpha Data, a leading information services company in the UAE, has tied up with Infosys Technologies to market and support banking software products from Infosys in the UAE. 

- Infosys Technologies has taken the American Depositor Receipts (ADRs) route with the US public offering of 1,800,000 ADRs at $34 each. The ADRs will represent 9,00,000 equity shares and will go public on March 11. Infosys is the first ever India registered company to be listed in the Nasdaq stock market in USA. 

- After becoming the first Indian company to get a US listing, Infosys Technologies has emerged as one of the most precious companies listed on Nasdaq in terms of market capitalisation in its category of software consulting and services companies. - Infosys Technologies Ltd, Bangalore-based Software consulting firm, announced a strategic alliance with CyberSource Corporation USA, for providing E-commerce transaction processing services for tax calculation, risk management including fraud screening, fulfillment management and distribution control. 

- Infosys Technologies Ltd chairman N R Narayana Murthy has been awarded the first-ever Sir M Visvesvaraya Memorial Award, instituted by Federation of Karnataka Chambers of Commerce and Industry (FKCCI), to coincide

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with 138th Birthday of Sir M Visvesvaraya. 

- Infosys Technologies chairman and chief operating officer NR Narayana Murthy has been presented with the Electronics Man of the Year Award by the Electronic Component Industry Association (Elcina) for his outstanding contribution in elevating the Indian electronics industry in the global circuit. 

2000 

- Indian Information Technology giant Infosys Technologies has confirmed its plan of setting up a centre for exports in Mohali, twin city of Chandigarh. 

- During the year a new methodology and toolkit to port applications from OS/2 to WINDOWS NT was developed. 

- The Company it had tied-up with Japan's Toshiba Corporation to provide enterprise resource planning (ERP) software solutions for Toshiba's business processes. 

- Jammu and Kashmir Bank has tied up with Infosys Technologies to offer internet banking and for its e-commerce initiatives. 

- Websetu a suite of products for enabling internet-based electronic commerce using traditional on-line transaction processing (OLTP) application engines, was introduced. 

- Infosys Technologies has signed an agreement with Quintessent Communications Inc, by which the two will work together to develop and test selected applications that automate data exchange between telecom carriers. 

- The Company proposes to provide local support to banking product customers in Mauritius. 

- The Company had tied up with German e-commerce firm Preis24.com to develop solutions for business-to-business e-commerce. 

- The Company has launched BankAway - It offers end-to-end mobile banking services to all customer segments including retail and corporate clients. 

- Infosys Technologies Ltd has tied up with Franklin Templeton Investments (FTI) for interactive information infrastructure. 

- Infosys Technologies Ltd has spun off the California-based Onscan Inc, incubated by it, as an independent entity. 

- The Company has entered into an e-commerce partnership agreement with National Bank of Abu Dhabi to provide e-commerce and Internet banking services to the bank's retail and corporate customers in the United Arab Emirates. 

- The Company has launched Finacle an integrated, centralised, multi-currency and multi-language-enabled and functionally rich banking solution to address retail and corporate banking requirements. 

- Infosys Technologies Ltd., has established a strategic partnership with Delphis Bank Limited (DBL), one of the leading commercial banks in Mauritius, to revamp the existing Information Technology infrastructure with software solutions from Infosys. 

- The Company has entered into a strategic alliance with Evolving Systems, a software, consulting and integration company. 

- The Company Global Development Centre is set up in London. 

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- The Company has established a strategic technology partnership with First Atlantic Bank, the erstwhile Comet Merchant Bank of Nigeria. 

- The Company proposes to increase its software professional strength to 2,400 from the present 1,200. 

- The Company has re-emerged as India's second most valuable company, replacing the FMCG heavyweight, HLL. 

- The Company is expanding operations in Pune. The Company is doubling capacity at a cost of 60 crore at its facility in the software technology park at Hinjewadi. 

- The Company expand its presence in the overseas market by setting up an offshore development centre in the UK by November. 

- The Company has entered the hot markets of the Asia-Pacific region by setting up shop in Hong Kong for tapping the burgeoning e-commerce business. 

- Infosys has signed an MoU with the Sharjah Airport International Free Zone Authority to have a base there. 

- Microsoft Corporation and Infosys Technologies are joining hands to form an alliance, marking the coming together of a global software giant and a wannabe global information technology major. 

- Goldman Sachs has rated Infosys Technologies and HCL Technologies as market outperformers and amongst the best quality names in the industry. 

- The Company issued on September 30, 667 No. of equity shares pursuant to the exercise of stock options by certain employees. 

- Infosys Technologies Ltd., the Bangalore-based global IT company, entered into a strategic partnership with the US-based YadaYada Inc., the frist integrated wireless service provider and personalised mobile web portal, to launch the first business and consumer mobile web portal for personal device assistants worldwide. 

- The World's leading automotive systems major, Delphi Automotive Systems has entered into a tie-up with infotech leaders Infosys, TCS and CG Smith for embedded software development for its worldwide operations. 

- Nortel Networks is joining hands with the company to set up a Wireless centre of Excellence in Bangalore. 

- The Company has signed a strategic partnership with Standard Trust Bank, Nigeria ot deploy its Financle core banking e-platform along with the BankAway e-commerce platform. 

- The Company has allotted 460 No. of equity shares of par value of Rs 5 per share to the Bankers Trust Company, New York. - Infosys Technologies has signed a pact with Oceanic Bank of Nigeria allowing the latter to use its Finacle a web-enabled core banking solution. 

- The Company has allotted an aggregate 500 equity shares of Rs 5 each to individual optionees pursuant to the exercise of the employees under the 1999 option plan, on receipt of payment of the subscription monies in respect of the said shares aggregating Rs 20,32,525 . 

2001 

- Infosys Technologies has signed a MoU with the Andhra Pradesh Government for establishing a software development campus at Hyderabad. 

- The Company is setting up its biggest software development centre in Bangalore. 

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- The Company has been awarded silver shield for the best presented accounts competition for the sixth consecutive year by the Institute of Chartered Accountants of India. 

- The Company has allotted 100 equity shares of par value of 5 per share to the Bankers Trust Company, New York, the depository to the company's ADS issue as underlying shares in respect of 200 ADR's to be issued and allocated to the purchasers. 

- Infosys Technologies is to set up its second software centre at Pune in Hinjewadi. 

- Infosys Technologies board has allocated 67,050 No. of equity shares at a par value of Rs 5 par to employees of the company. 

- Infosys Technologies Ltd. has entered the Canadian market with the inauguration of its Toronto Global Development Center. 

- The Board of Directors allocated an aggregate of 41,050 stock options exercisable for equity shares of par value Rs 5 per share to employees of the company, pursuant to the company's 1999 option plan. 

- Infosys Technologies Ltd has appointed of Dr G K Jayaram as director of the Infosys Leadership Institute. 

- The Company has informed the BSE that the Company has received a disclosure from Emerging Markets Growth Fund Inc stating that they hold 34,04,880 No. of equity shares representing 5.15 per cent of the paid-up capital of the company. 

- Infosys Technologies setting up of four fellowship schemes in association with the Institute of Chartered Accountants of India Accounting Research Fund (ICAI-ARF) to encourage research in accounting, auditing, finance, fiscal and corporate laws, capital markets and information technology. - Infosys and TCS have emerged as the leading Indian software exporters during 2000-01 clocking exports worth Rs 2,870.26 crore and Rs 1,852.94 crore, respectively. 

- Infosys Technologies, the provider of Information Technology (IT) consulting and services, and Burlington Northern and Santa Fe Railway Company (BNSF), the second-largest rail network in North America, announced a strategic relationship designed to improve operations and customer service. 

- The first and biggest employees' stock option plan (Esop) by an Indian software company has matured with the lock-in of Infosys Technologies' 1994 Esop ending last week giving eligible employees the option to convert it into hard currency. 

- Intel president Craig Barrett on August 3 inaugurated a research and development laboratory set up jointly with India's Infosys Technologies in Bangalore. 

2002 

- Receives Motilal Oswal Award for Wealth Creation for 1996-2001 

- Mr. Nandan Nilekani becomes the new CEO of the company. Mr. Narayanamurthy assumes the role of Chairman & Chief Mentor 

- Announces a strategic technology partnership with First Bank of Nigeria Plc. (FBN), the largest Bank in West Africa, to deploy Infosys Enterprise Banking e-Platform suite of solutions 

- Partners with Citadon, the leading provider of online solutions for collaboration on the design, construction and operation of large, complex capital projects, to Develop Citadon CW 

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- Enters into self-governing software-testing services 

- Tops among IT exporters with exports of Rs 1900 crore in the period April-December 2001 

- Airbus Industrie hires Infosys for wing design 

- Acquires 12 per cent stake in Onmobile, a software services company based in USA 

- Adjudged best Indian employer in a study conducted by Hewitt Associates and Business Today 

- Signs Joint Venture Agreement with Punjab National Bank for the implementation of Centralised Banking Solution 

- Ties up with Northwestern Mutual to build up and begin an online funds transfer choice for Northwestern Mutual's variable life and annuity policy holders 

- Ties up with Nordstrom to install and launch an Oracle Financial system that increases flexibility and back-office efficiencies 

- Ties up with Citigroup for formation of a new company, Progeon, for Business Process Management (BPM) 

- Eastman Chemical Company, a leading International chemical supplier headquartered in Kingsport, Tenn, chooses to expand its work with infosys in order to take greater advantage of the consulting and IT service provider's global delivery model 

- Records 35 per cent increase in the value of its brand to Rs 7,257 crore as of March 31, 2002 

- Company tops the survey by financial magazine, "Finance Asia", as the best managed company 

- National Commercial Bank, Jamaica enters into technology partnership with Infosys' Banking Business Unit 

- Progeon, the BPM arm of the company, bags $30m order from GreenPoint Mortgage 

- Infosys Tech bags prestigious Corporate University Xchange Excellence Award for 2002 

- Nasdaq selects Infosys as the best value reporter 

- Infosys abandones China offshore centre plan 

- Aeronautical Development Agency (ADA) signs contract with Infosys for transfer of Autolay Software 

- Acquires Trade IQ Product Division of IQ Financial Systems Inc., USA 

- Partners with Concours Group, a boutique strategy consulting firm 

- Becomes the first company to achieve CMMI Level 5 for offshore & onsite operations 

- RBI permits 100% FII purchase in Infosys 

- Ties up with Avaya Inc., a leading global provider of voice and data networks to businesses, for integrated CRM solutions 

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- Ties up with IBM for knowledge sharing arrangement 

- Sales chief, Phaneesh Murthy, resigns to pursue a lawsuit filed against him and the company alleging wrongful termination and sexual harassment 

- Developes a process engine to demonstrate Business Process Modeling Language (BPML) technology 

- Assessed at Level 5 on the PCMM model by KPMG Consulting, becoming the first company in the world to be assessed at the Optimising level on the updated version 2.0 of the model 

- Infosys, Phaneesh agree for off-court resolution of sexual harassment suit 

- The banking division consolidates all its products under one brand and phases out one product 

- Starts a new practice in life sciences 

- Announces Global Development Centre in Melbourne 

- N R Narayana Murthy receives the Ernst & Young Entrepreneur of the Year award for 2002 

- Company declares that it has won Most Admired Knowledge Enterprises (MAKE) award in the Asia region for 2002 

- Implements `Balanced Score Card' (BSC), a unique concept which entails establishment of strategic objectives and a measurement system which not only targets on financial measures but also non-financial measures 

- Enters into alliance with Kakawa Discount House, Nigeria, a discount house formed by a consortium of key banks in Nigeria 

- Builds a new intra day comparison system for equities for the American Stock Exchange (Amex) 

- Bank of Bahrain and Kuwait B S C (BBK), one of the premier banks of Bahrain, selects Finacle Core Banking, the new generation core banking solution from Infosys, for its operations in India 

- Mr Akshaya Bhargava appointed as CEO & MD of Progeon Ltd., the Business Process Management subsidiary of Infosys Technologies 

- Infosys and Sun introduce new revenue generating opportunities with retail banking reference architecture 

- Progeon issues 4,375,000 shares to Citicorp 

- Signs MoU with Union Territory of Chandigarh to acquire land for expansion 

- Infosys and BNSF selected by Aberdeen Group to exemplify best practices in Offshore Software Outsourcing 

- Emerges as the country's most valuable company in market capitalisation 

- Enters Thailand through Partnership with Local Companies 

2003 

- Floats development center in Hyd 

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- Fortune names Narayana Murthy, Nandan Nilekani as `Asia's Businessmen' of the year 2003 making them the first Indians to win the award 

- Wins Pune regional round of the ING Vysya Brand Equity Quiz 

- Hosts Banking CXO summit in Bangkok 

- ICRA, the credit rating agency, gives "CGR1" rating for the company's corporate governance practices, making it the first company in the country to get the highest rating for corporate governance 

- Infosys Technologies felicitated by SUN Microsystems with Strategic Partner Award 

- Wins order from US telecom service provider Sprint 

- Launches ethics code to check financial frauds 

- Infosys Technologies certified for TL 9000 for telecom services by BVQI (Bureau Veritas Quality International) 

- Infosys' brand valued at Rs 7,488 cr 

- Bags $60-mn order from US telecom company SBC Communications 

- N.R. Narayana Murthy, Chairman and Chief Mentor, bags the prestigious Ernst & Young World Entrepreneur Of The Year award 

- Wins Electronics & Computer Software Export Promotion Council (ESC) award for Computer software and services sector 

- Appoints Mr. Deepak Satwalekar, the Independent Director, as the Lead Independent Director of the company 

- BusinessWeek ranks the company in the 74th place among the world's top 100 best performing infotech companies making it the only Indian company in the list. 

- National Commercial Bank, Saudi Arabia, selects FinacleTM suite of banking solutions for its delivery channels initiative 

- Infosys Technologies offers ADR, prices at $49 each 

- Acquires 100 acres of land at Pune Infotech Park, Hinjewadi, in addition to the 25 acres already acquired 

- Deploys Finacle at Jammu & Kashmir Bank 

- Post Bank Uganda (PBU) becomes the first bank in East Africa to go live with Finacle Core Banking 

- Expands operations in Chennai by adding 129 acres of land in Mahindra City for its second campus 

- Gets order of $50-m from Australian telecom firm Telstra Corporation 

- Finacle emerges as the world's most scalable open systems based core-banking solution 

- Infosys & Oracle join hands to provide Pre-integrated solutions for Banks in Asia Pacific 

- Infosys Technologies has been alloted the highest governance and value creation(GVC) rating of `CRISIL GVC

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Level 1. 

-Banque Saudi Fransi (BSF) chooses Finacle eCorporate, the web-based cash management and corporate e-banking solution from the Finacle suite, on Microsoft .NET software, for its strategic e-banking initiative 

-Infosys' Banking Business Unit and Sun Microsystems, Inc. December 10, 2003, revealed a new performance and scalability test result achieved in core banking transaction-processing tests 

-Infosys Technologies Ltd has announced that NMB Bank Ltd, a leading Bank from Zimbabwe, has selected its Finacle suite of enterprise banking solutions 

-Signs an agreement to acquire 100% equity of Expert Information Services Pty Ltd, Australia for A$ 31.0 million (US$ 22.9 million) 

-The Board of Directors at its meeting held on December 20, 2003 have allotted 22,439 equity shares of par value of Rs 5/- to the optionees, pursuant to the exercise of the options granted to the employees under the Company's 1999 Stock Option Plan. 

2004 

-Infosys Technologies has announced an upward revision in guidance for both revenues and per share earnings for 2003-04 

-Software major Infosys Technologies said on January 09, 2004, it had incorporated a wholly-owned subsidiary in China, at Shanghai, with a capital outlay of five million US dollar. 

-Infosys eyes high growth for software testing unit 

-Infosys greets Karnataka Bank for deploying Finacle 

-Nandan Nilekani ranks 35th in the world business leaders 

-Infosys gets ICAI award for the year '03 

-Infosys, Microsoft and Intel join hands to provide Next Generation eBanking solutions to banks in Philippines 

-Infosys inks pact with British Telecom 

-Mauritius Post and Cooperative Bank (MPCB) signs up for Finacle, its universal banking solution 

-Export-Import Bank of Thailand (EXIM Bank) and Yip In Tsoi & Co Ltd, Thailand sign up for using Finacle, the universal banking solution from Infosys 

-FMR Corp. and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries acquire 1,44,221 shares (0.22%). Their shareholding after the said acquisition is 33,58,318 shares (5.05%) 

-Infosys completes five yrs on Nasdaq 

-Suspends Esop scheme 

-Infy joins billion dollar club 

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-Infosys becomes first Indian listed IT firm to net Rs 1000 cr 

-Indian Merchants Chambers (IMC) has announced that Infosys Technologies chairman NR Narayana Murthy, is the winner of the IMC's prestigious Diamond Jubliee Award for 'eminent businessman of the year.' 

-Infosys Technologies Ltd join hands with Arab National Bank, one of the ten commercial banks in Saudi Arabia 

-Infosys Chief Narayana Murthy joins NDTV Board 

-Infosys Technologies Ltd announced the availability of Item Data Integrity (IDI), a new solution, that enables retail companies and their partners to reduce time to market associated with the introduction of new products and promotions 

-Infosys receives ISO 14001 Certification for Environmental Management System 

-Infosys Technologies Ltd today (June 2, 2004) announced that its universal banking solution, Finacle has won the prestigious 'The Banker Technology Awards 2004' 

-Oriental Bank of Commerce (OBC) has roped in Infosys and Wipro for implementing its Rs 300 crore nationwide IT upgradation project 

-Comes out with a bonus issue in the ratio of 3:1 

-The American Society for Training and Development (ASTD) has rated Infosys Technologies Ltd has the world's best in employee training and development 

- The founder of Infosys Mr N R Narayana Murthy is among Time magazine's 10 global leaders helping shape the future of communications. Mr Murthy is listed ninth among the 10 Global Tech Influentials in the latest issue of the magazine. 

-Infosys gets first place in Asian corporate governance score list 

-Infy ties up with Australian company in R&D projects on November 02, 2004 

-OATSystems Inc, a Boston, US-based radio frequency identification (RFID) company ties up with Infosys Technologies 

2005 

- Aspis Bank, one of the leading medium size retail and commercial banks operating in Greece, signs up for Finacle universal banking solution to power its core banking and treasury operations across 66 branches. 

- The Shop Floor Control System developed by the Company and Arrow Electronics, a global provider of electronic components and computer products and services, has won the 2004 InfoWorld 100 award for being one of the top 100 best IT projects of the year. 

- On May 03, 2005 voluntarily furnished eXtensible Business Reporting Language (XBRL) data to the United States Securities and Exchange Commission (SEC) electronically in a 6-K exhibit. 

-Infosys Technologies and B-Source on June 29, 2005, announces partnership to provide `pay-as-you-transact' services, known as Business Service Provisioning, to European banks in the private and asset management sectors. 

-Infosys Technologies and Microsoft Corp unveiled the Catalytic IT concept centre at the Infosys campus in

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Bangalore on Nov 29. 

2006 - Infosys & Microsoft Share Vision for Effective Enterprise Information Management 

- Infosys Implements PeopleSoft Enterprise Applications at Nissan North America 

2007 - Infosys to Open Development Center in Mexico, its First in Latin America 

- Infosys Receives the Highest Score in Strategy in Independent Research Firm's Report on the Applications Outsourcing Market 

2008 -Infosys & Nihon Unisys sign MoU for Strategic Business Deployment & Joint Development for Sales & Solution Service 

- DSB Bank Partners with Finacle from Infosys for Core Banking-led Transformation 

2009 

- Infosys Technologies has bagged a five-year outsourcing and support agreement from BP where Infosys will manage and operate a large portion of business systems for BP under the terms of the agreement. 

The company has announced successful implementation its first IT enabled end-to-end business transformation program for Thermax.