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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (5184)	7/19/1999 7:27:00 AM
From: Mohan Marette	Respond to of 12475

Analyst Recommendations ICICI Ltd Named 'Buy' at CSFB icici.com Bloomberg News July 19, 1999, 3:29 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Icici Limited (ICICI IN) was named ''buy'' by analyst Rajesh Sundaresan at Credit Suisse First Boston Inc. ========================= Mahindra & Mahindra Maintained 'Buy' at CSFB mahindraworld.com Bloomberg News July 19, 1999, 3:24 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Mahindra & Mahindra Limited (MM IN) was maintained ''buy'' by analyst Ashis Kumar at Credit Suisse First Boston Inc. ======================== HDFC Bank Ltd Maintained 'Sell' at CSFB hdfcindia.com Bloomberg News July 19, 1999, 3:23 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Hdfc Bank Limited (HDFCB IN) was maintained ''sell'' by analyst Rajesh Sundaresan at Credit Suisse First Boston Inc. Hdfc Bank Ltd Named 'Buy' at Paribas Asia Equity Bloomberg News July 19, 1999, 2:11 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Hdfc Bank Limited (HDFCB IN) was named ''buy'' by analyst Rukmani Bagai at Paribas Asia Equity Inc. HDFC Bank Ltd Maintained 'Hold' at Jardine Fleming Bloomberg News July 19, 1999, 1:01 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Hdfc Bank Limited (HDFCB IN) was maintained ''hold'' by analyst Tabassum Inamdar at Jardine Fleming Intl. Securities. ========================= Corporation Bank Maintained 'Buy' at CSFB corpbank.com Bloomberg News July 19, 1999, 3:21 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Corporation Bank (CRPBK IN) was maintained ''buy'' by analyst Rajesh Sundaresan at Credit Suisse First Boston Inc. Corporation Bank Maintained 'Buy' at Jardine Fleming Bloomberg News July 19, 1999, 1:00 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Corporation Bank (CRPBK IN) was maintained ''buy'' by analyst Tabassum Inamdar at Jardine Fleming Intl. Securities. ================ Bajaj Auto Ltd Maintained 'Sell' at Paribas Asia Equity bajajauto.com Bloomberg News July 19, 1999, 3:16 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Bajaj Auto Limited (BJA IN) was maintained ''sell'' by analyst Rajeev R. Das at Paribas Asia Equity Inc. ============= Tata Iron Steel Maintained 'Buy' at CSFB tata.com Bloomberg News July 19, 1999, 2:52 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Tata Iron & Steel Co Ltd (TISCO IN) was maintained ''buy'' by analyst S. Venkatesh at Credit Suisse First Boston Inc. ========================= Infosys Technologies Ltd Named 'Buy' at Motilal Oswal inf.com Bloomberg News July 19, 1999, 2:38 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Infosys Technologies Ltd (INFO IN) was named ''buy'' by analyst Kaiomurz Motawara at Motilal Oswal Securities Ltd. ===================== Ashok Leyland Named 'Add' at Motilal Oswal ashokleyland.com Bloomberg News July 19, 1999, 2:36 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Ashok Leyland Limited (AL IN) was named ''add'' by analyst Taher Badshah at Motilal Oswal Securities Ltd. =================== Colgate-Palmolive Maintained 'Sell' at Jardine Fleming colgate.com Bloomberg News July 19, 1999, 1:03 a.m. PT Mumbai, July 19 (Bloomberg Data) -- Colgate-palmolive (india) (CLGT IN) was maintained ''sell'' by analyst Jal Irani at Jardine Fleming Intl. Securities. ===================

To: Mohan Marette who wrote (5184)	7/19/1999 7:48:00 AM
From: Mohan Marette	Respond to of 12475

NIIT to start development centers in China, Malaysia niit.com Date: 7/19/99 12:59:09 PM (Probity Research) NIIT will soon start two development centers in China and Malaysia in addition to increasing the number of training centers in the region to 100 from the current 25. This is a part of NIIT's expansion plan in the Asia-Pacific region which includes ASEAN, Australia, New Zealand and greater China ie China, Taiwan, Hong Kong and Macau. This region has contributed to 26% of the global revenues of the company last year. Meanwhile, NIIT is likely to reach the software industry's top quality rating, the Carnegie Mellon University's Software Engineering Institute (SEI) Capability Maturity Model (CMM) level 5 by December. It is currently at SEICMM 3. ================= NIIT on a major acquisition drive NIIT is looking forward to acquire 20 US Software companies by the end of 1999. The process of acquisition of these companies ie acquire or enter into strategic alliances has just started. The company has said that it wishes to pursue acquisition on in the US, for other markets it has other strategies. NIIT presently operates in 31 countries via 18 wholly owned subsidiaries and two JVs. It has become a zero debt company following as much as 30% growth in revenues. Its Q3 FY99 (ending June) have indicated a 40 percent surge in net.

To: Mohan Marette who wrote (5184)	7/19/1999 7:53:00 AM
From: Mohan Marette	Respond to of 12475

Zee Telefilms scrip surges; stock split will benefit small investors zeetelevision.com zeetelevision.com Date: 7/19/99 2:38:01 PM (Probity Research) Zee Telefilms scrip surged in BSE today following news of stock split. Early in the afternoon Zee Telefilms share was trading at Rs1879.15 up Rs139 (8%) from Friday's close of Rs1740. The company said that Rs10 face value share is high-priced stock and it may consider splitting the stock to enhance liquidity. The company is considering two options for the stock split ie 1 share of Rs10 may be split into 2 shares of Rs5 each or 10 shares of Rs1 each. Should the company wish to go in for the latter option, small investors will stand to gain as the stock will be more affordable for them.