Magnum Ventures appoints Ravi Tiwari as company secretary

Magnum Ventures Ltd, formerly known as Magnum Papers Ltd, said it appointed Ravi Shanker Tiwari as its company secretary and compliance officer with effect from 1 September 2010.

On Monday, Magnum Ventures shares declined 1% to Rs11 on Bombay Stock Exchange, while the benchmark Sensex gained 1.9% to 18,560 points.

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Unity Infra wins order worth Rs74.5 crore from IIT, Bombay

Unity Infraprojects Ltd said it received a project order worth Rs74.5 crore from the Indian Institute of Technology (IIT) Bombay.

The project work includes construction of hostel buildings including internal services like public health, electrical, fire fighting and elevators at IIT premises in Powai, Unity Infra said in a statement.

On Monday, Unity Infra shares gained 2.3% to Rs117 on Bombay Stock Exchange, while the benchmark Sensex gained 1.9% to 18,560 points.

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Opto Circuits FDA nod for patient monitoring system

Opto Circuits (India) Ltd, a healthcare equipment manufacturer, said its subsidiary received a clearance from the US Food & Drug Administration (FDA) for its new modular patient monitoring system - eVision 9100.

The certification enables its unit Criticare Systems Inc to sell eVision 9100 in most parts of the world, particularly in the US, which is one of the largest markets for patient monitors. According to Global Markets Direct, the revenue for multi-parameter patient monitors is estimated to be around $2,249 million, it said in a regulatory filing.

On Monday, Opto Circuits shares ended 1% up at Rs282 on Bombay Stock Exchange, while the benchmark Sensex gained 1.9% to 18,560 points.

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