Bharat Heavy Electricals is at present trading at Rs.1,300.15, down by 52.20 points or 3.86% from its earlier closing of Rs.1,352.35 on the BSE.

Satyam Computer Services board has deferred its meeting to consider buy back to January 10, 2009. The meeting was previously scheduled for December 29, 2008.

Core Projects & Technologies has bagged the K-12 Division of The Princeton Review Inc (TPR), a NASDAQ listed Education Company.

The Indian indices are expected to witness a watchful beginning as the global cues are not very supportive. US indices witnessed a mixed trading in post-Christmas session on Friday, and the Asian markets are trading mixed in early hours of trade today. Among US indices, Dow Jones industrial average gained 63.56, or 0.74% while S&P 500 index fell 15.08, or 1.7% and the Nasdaq ended lower by 34.08, or 2.17%.

The market saw a decline from the second half of the trade. Advance tax payments by companies was pretty low descending by more than 22% for the quarter, which pointed towards a slowdown in earnings for the quarter.

3i Infotech is about to disclose the ‘eMudhra digital signature’ by early 2009, focusing those people who depend on online transactions for filing tax returns, online fund transfers, buying a credit card and applying online for a loan.

Hero Honda Motors presently trades at Rs 794.70 down by 19.15 points or 2.35% from its previous closing of Rs 813.85 on the BSE.

The country’s largest two-wheeler maker Hero Honda is all set to launch three new variants of its entry level and executive segment bikes priced between Rs.35, 800 and Rs.55, 450.

Dishman Pharmaceuticals plans to form joint ventures with 8-10 global mid-sized companies. According to the deal, Dishman’s upcoming pharma SEZ near Bavla, Gujarat will house manufacturing facilities of the anticipated joint venture companies.

With an aim to increase sales and demand, steel plant major, Visakhapatnam Steel Plant, offers further discount of Rs.2,500 per tonne from December 23.