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Indian companies meet Gulf investors in HSBC initiative

Eight Indian companies listed on the Bombay Stock Exchange with a combined market capitalization of almost USD8 billion (AED 29.36 billion) held a series of meetings and presentations with Gulf investors today.


VRCL Infrastructures & Projects Ltd.
Description: IVRCL Infrastructures & Projects Limited is a construction company which builds multi-storied buildings, bridges and power plant supplies. The company also performs marine construction, site levelling, grading and development, canal mordernisation and road works.

GMR Infrastucture Limited

Description: GMR Infrastucture Limited is an infrastructure company with interests in airports, power and roads. The company is developing a greenfield international airport at Hyderabad, and is also operating, managing and developing the Delhi Airport. Additionally, it is involved in developmengt and operation of power plants and road projects in India.

Apollo Tyres Limited

Description - Apollo Tyres Limited manufactures tires and tubes for cars, trucks, farm equipment and light commercial vehicles. The Company also manufactures automobile flaps and retreading materials.

Simplex Infrastructures Limited

Description - Simplex Infrastructures Limited introduced the Simplex system of piling in India and South East Asia. The Company also undertakes other civil & structural construction projects besides its activities related to water & sewerage plant treatment technologies, enviromental engineering, cooling towers, mechanized building construction and construction of roads & express ways.

Bajaj Hindustan Ltd

Description - Bajaj Hindustan Limited owns and operates sugar mills and is the largest sugar producer in India. The company also owns distillery where it produces industrial alcohols.

Biocon Limited

Description: Biocon Limited is an integrated biotechnology enterprise with a presence in biopharmaceuticals, enzymes, custom research and clinical research. The Company's pharmaceutical products include statins, immunosuppressants and anti-diabetic drugs. Biocon also manufactures specialty enzymes and new enzyme applications besides providing clinical and custom research services.

Power Trading Company

Description: PTC India Limited buys and sells electricity.

Lanco Infratech Limited

Description: Lanco Infratech Limited is an infrastructure development company with interests in power, construction and property development.

HSBC Bank Middle East Limited

HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East Limited has 34 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Jordan, Lebanon, and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a representative office in Tehran, Iran.

HSBC Holdings plc

HSBC Bank Middle East Limited has been a principal member of the HSBC Group since 1959. Serving over 125 million customers worldwide, the HSBC Group has some 9,500 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$1,738 billion at 30 June 2006, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

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