FD Watch Dated 19th March 2010

FD News

SAIL, NTPC seek Maharatna status: SAIL and NTPC, two of the blue- chip PSUs; have approached the government seeking the coveted Maharatna status that will give them greater financial autonomy. For the Maharatna tag, companies need to have a three year record of annual Net Profit of over Rs. 5000 crores , net worth of more than Rs. 15000 crores and turnover of more than Rs. 25000 crores besides being listed on the stock exchanges. Applications from ONGC & IOC are also expected in the next few days.

NTPC stake sale to fetch government Rs 8,100 cr A 5 percent stake sale in state-run power producer NTPC could fetch the government Rs 8,100 crore ($1.7 billion), said Sunil Mitra, a senior finance ministry official.

To invest Rs 5,000cr for plant setup: Birla Power The gas war at the D6 block of the Krishna Godavari (KG) basin is still fuming. CNBC-TV18 has learnt from sources that the Ahmedabad-based Company is likely to be allotted 0.6 million metric standard cubic meters a day (mmscmd) of the D6 KG Basin gas from April.

Dewan Housing posts higher net profit

Dewan Housing Finance Corporation (DHFL) has registered a 73 per cent rise in its net profit at Rs. 40.16 crore for the quarter ended December 31, 2009, against Rs. 23.22 crore. Total income has risen to Rs. 260.65 crore from Rs. 183.17 crore.

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Company Name Company Profile United Spirits United Spirits Limited (USL) is the largest spirits company in and Limited. among the top 3 spirits companies in the world. The Group's principal activity is to manufacture, purchase and sell Indian made foreign including brand franchise. Its products include , and rum.

Unitech Limited Unitech entered civil engineering in 1974, From power transmission lines and highways to theme parks, from steel plants to residential developments, from indoor stadiums to hotels our work is often pioneering and always challenging, In addition, it involves in the mobile telecommunication activities; and manufacture of power transmission and telecom towers. Solaris ChemTech Solaris ChemTech Industries Limited, part of the $ 3 billion Avantha Industries Limited Group, is India’s largest producer of bromine and bromine chemicals, and technical grade phosphoric acid. Their focus is on value added specialty and performance chemicals for global markets. We manufacture Bromine, Brominated Flame Retardants, Specialty Chemicals, Hydrobromic Acid, Orthophosphoric Acid, Caustic Soda, and Chlorine Indswift Group (Ind- Ind-Swift Laboratories is a part of the Ind-Swift group and is based at Swift Ltd and Ind- Chandigarh, India. It has been promoted by Ind-Swift Limited in joint Swift Labs) venture with the Punjab State industrial Development Corporation Limited (PSIDC).

Neesa Leisure Neesa Leisure Ltd. is a company based in Gandhinagar, Gujarat. Its flagship Limited brand Cambay was established in 2005. It is a closely held public limited company. It is into hotels, resorts, spas, clubs, golf, and time-share and hospitality education.

Shirred Transport Shriram Transport Finance Company Limited (STFC), India's largest player Finance Company in commercial vehicle finance. One of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks and Small Truck Owners (STOs).

Company Name Rate of Interest (%) Period 6 M 12 M 24 M 36 M 48 M 60 M United Spirits 11 11.5

Unitech Ltd.** 11 11 11.5 12 Solaris Chemtech - 10 10.5 11

Indswift Labs Ltd.* 10.5 11.5 12 12.5 ^

Indswift Ltd.* 10.5 11.5 12 12.5^

Neesa Leisure * 11 11.25 11.75 12 Dewan Housing 9.25 9.35 9.5 9.25 9.25 Finance # Shri Ram Transport 8 8.5 9 9 9 ^ .50%EXTRA NOT AVAILABLE * .50 % extra for senior citizens ** .50 % extra for senior citizens & Shareholders # .25 % extra for shareholders