BLOOMBERG : State Bank of Travancore to pay 16 rupees/share interim dividend

BLOOMBERG : RPower:

• HC asks state cos not to take coercive steps against co

• RPower moved HC on Krishnapatnam project power buy pacts

BLOOMBERG :

• YES Bank to raise at least 1 bln rupees via lower tier-II bonds

• YES Bank to offer 10-year lower tier-II bonds at 9.90%

BLOOMBERG :

• Mahindra Group to own 26.3% in Tech Mahindra-Satyam merged co

• British Telecom to own 12.8% in Tech Mahindra-Satyam merged co

• 10.4% of Tech Mahindra-Satyam merged co to be treasury stock

• Tech Mahindra to issue 103.4 mln new shrs for merger with Satyam

MARKET NEWS

BOARD MEETING
• BANAS FINANCE, to consider the issue of bonus shares.
• MADRAS CEMENTS, to consider interim dividend.
• MEDICAMEN BIOTECH, to consider conversions of warrants.
• MURUDESHWAR CERAMICS, to mull pref issue of shares, convertible warrants.
• RAMCO INDUSTRIES to consider interim dividend.
• RASOYA PROTEINS, to allot 13.6 mln shares on warrant conversion.
• RATHI GRAPHIC TECHNOLOGIES, to consider disinvestment of subsidiary.
• SATYAM COMPUTER SERVICES and TECH MAHINDRA, to mull merger.
• STATE BANK OF BIKANER AND JAIPUR, to consider interim dividend.
• STATE BANK OF TRAVANCORE, to consider interim dividend.
• STEELCAST, to consider issue of shares on conversion of warrants.

DATA ALERT FROM OVERSEAS
• JAPAN ALL INDUSTRY INDEX for Jan.
• JAPAN STEEL PRODUCTION for Feb.
• UK PUBLIC SECTOR FINANCES for Feb.
• UK AGENTS' SUMMARY OF BUSINESS CONDITIONS for Mar.
• MINUTES OF BANK OF ENGLAND'S MARCH MONETARY POLICY MEET.
• US EXISTING HOME SALES for Feb.
• US ENERGY DEPARTMENT PETROLEUM STATUS REPORT for Mar 16 week.