HDFC to announce Q2 results Board meeting on 18 October 2010 The board meeting of Housing Development Finance Corporation (HDFC) will be held on 18 October 2010 to consider and approve the un-audited financial results (stand alone) of the corporation for the quarter / half-year ending 30 September 2010 (Q2).

Bata India's director resigns With effect from 07 September 2010 Bata India has announced that Shaibal Sinha, director (finance) has resigned from the board of the company with effect from 07 September 2010.

Bharat Heavy Electricals signs joint venture agreement with Government of Kerala On 08 September 2010 Bharat Heavy Electricals is signing a joint venture agreement with Governement of Kerala on 08 September 2010 for forming a joint venture company to acquire the Kasargod unit of KEL which manufactures alternators for railway applications and other industrial applications.

State Bank of India to raise tier II capital Through public issue of bonds The committee of State Bank of India has accorded approval for raising tier II capital by way of public issue of lower tier-II bonds for an amount of Rs. 500 crore with an option to retain 100% oversubscription (green shoe option).

JSW Steel appoints nominee director With effect from 08 September 2010 The board of JSW Steel has appointed Shigeru Ogura as nominee director of JFE Steel Corporation, Japan with effect from 08 September 2010.