DELHI

THE HINDU

FRIDAY, FEBRUARY 3, 2012

BUSINESS

19

Facebook les for historic IPO

WASHINGTON: Social networking giant Facebook has led an initial public offering, which could raise as much as $10 billion and could value the company between $75 billion and $100 billion. However, the company said it planned to raise $5 billion in its stock sale, the largest public offering on the history of a web company. Also, Facebook, for the rst time, gave potential investors a glimpse into its nancial structure.

It can raise as much as $10 b valuing the company between $75b and $100b
It has 845 million active users Its income was $1 billion in 2011
build better products and services. As people share more, they have access to more opinions from the people they trust about the products and services they use. This makes it easier to discover the best products and improve the quality and efciency of their lives, he wrote. a strong company, he said his team works hard at making Facebook the best place for great people to have a big impact on the world and learn from other great people. We have cultivated a unique culture and management approach that we call the Hacker Way, he said. The word hacker has an unfairly negative connotation from being portrayed in the media as people who break into computers. In reality, hacking just means building something quickly or testing the boundaries of what can be done. Like most things, it can be used for good or bad, but the vast majority of hackers I have met tend to be idealistic people who want to have a positive impact on the world, he wrote. The Hacker Way is an approach to building that involves continuous improvement and iteration. Hackers believe that something can always be better, and that nothing is ever complete. They just have to go x it often in the face of people who say its impossible or are content with the status quo, Mr. Zuckerberg said. PTI

SEBI guidelines set stage for disinvestment

MUMBAI: The Securities and

Generates $3.7 b revenue

In its ling before the Security and Exchange Commission, Facebook said in 2011 it generated revenue of $3.71 billion, an increase of 88 per cent from $1.97 billion the year before and 377 per cent from 2009. In 2011, its income was $1 billion, an increase of 65 per cent from 2010. Facebook derives 85 per cent of its revenues from advertising, and the rest from social gaming and other fees. The company hopes to raise as much as $10 billion when it begins selling shares this spring ..., The Wall

Fullling commitment
Noting that Facebook was not originally founded to be a company, Mr. Zuckerberg wrote: This is how we think about our IPO as well. Were going public for our employees and our investors. We made a commitment to them when we gave them equity that wed work hard to make it worth a lot and make it liquid, and this IPO is fullling our commitment. As we become a public company, were making a similar commitment to our new investors and we will work just as hard to full it. As part of building

A Facebook sign is seen at the main entrance of its new headquarters in Menlo Park in California. PHOTO: AFP
Street Journal said in a report. Founded in 2004 by CEO Mark Zuckerberg, Facebook now has some 845 million active users, who in all upload 250 million photos a day. According to the ling, Mr. Zuckerberg made a salary of $483,333 last year, in addition to a $220,500 bonus for
the rst half of 2011. The paperwork portrays a company that makes the vast majority of its money from selling display ads targeted to its users who have revealed to Facebook much about their lives, the Washington Post reported. Facebook is expected to le its paperwork several times over the next few months, updating the information it provided to the SEC on Wednesday. Meanwhile, in a letter to potential investors, Mr. Zuckerberg said Facebook thought a more open and connected world would help create a stronger economy with more authentic businesses that

Exchange Board of India (SEBI) on Thursday permitted promoters of top 100 companies to quickly dilute their shares through a separate window on the BSE and the National Stock Exchange, which had to be completed within a day. The guidelines, SEBI said in a circular, will help promoters dilute or ofoad their holding in listed companies in a transparent manner with wider participation. The norms, which follow the decision taken by the SEBI board earlier this month, will help the companies in complying with the minimum public shareholding stipulation. The decision will also help the government expeditiously ofoad its stake in public sector companies and raise funds for achieving the disinvestment target of Rs.40,000 crore for the current scal. All listed companies are required to have at least 25 per cent public holding while in case of state-owned company the limit is 10 per cent. Under this window, the promoter will have to sell eq-

uity of minimum one per cent subject to a minimum of Rs.25 crore. However, in respect of companies, where one per cent of the paid-up capital at closing price on the specied date is less than Rs.25 crore, dilution would be at least 10 per cent of the paid-up capital or such lesser percentage so as to achieve the minimum public shareholding in a single tranche, it said. The duration of the offer for sale shall not exceed one trading day, it said, adding that the placing of orders by trading members should take place during trading hours. As per the guideline, the promoters should not have purchased shares of the company during the 12 weeks period prior and after the offer of sale. All promoters or promoter group entities of top 100 companies based on average market capitalisation of the last completed quarter, it said. The guideline said that minimum of 25 per cent of the shares offered shall be reserved for mutual funds and insurance companies. PTI

AEGON Religare rejigs iTerm plan

Corporate Bureau
CHENNAI: AEGON Religare Life Insurance has launched an improved protection plan AEGON Religare iTerm Plan. iTerm is a continuation of its investment in the online distribution space to provide a robust, sustainable and protable online platform for consumers. Addressing presspersons here, Yateesh Srivastava, Chief Marketing Ofcer, said the new plan was designed to offer terminal illness benet besides giving protection. On the diagnosis of a terminal illness, 25 per cent of the base sum assured would be immediately paid. The new plan has riders such as accidental death and waiver of premium in case of critical illness. The product is available exclusively online at http://buyonline.aegonreliga re.com.
BULLION RATES
February 02 rates in rupees with previous rates in brackets

Aanjaneya Lifecare Andhra Bank third quarter net prot dips buys Apex Drugs
Special Correspondent Special Correspondent
MUMBAI: Aanjaneya Lifecare, a Mumbai-based bulk drug manufacturer, has acquired Apex Drugs and Intermediates (ADI), a Hyderabadbased integrated active pharmaceutical ingredient (API) and intermediate company, for Rs.250 crore, including debt of Rs.185 crore and equity dilution of Rs.65 crore. Aanjaneya has merged both companies operations and acquired all assets, making it a fully integrated formulation company with an opportunity to enter Hyderabad. Post-acquisition, Aanjaneya would have total sales of around Rs.700 crore with an operating prot of Rs.130 crore and a long-term debt of around Rs.220 crore. In monetary terms, Aanjaneya could sell 40 per cent of the APIs into formulations and formulation sales would be three times the API sales. Aanjaneya has a strong presence in API and formulation business and has bulk drug manufacturing facility at Mahad and a nished dosage forms unit near Pune. It is one of the largest contract manufacturers of codeinebased cough syrups in India and exclusively makes Codorex brand of Zydus Cadilla and Codilite tablets among others. It recently raised around Rs 117 crore through an initial HYDERABAD: Andhra Bank re-

ported an 8 per cent dip in net prot during the third quarter ended December 31, 2011, 549 at Rs.303.17 crore against 531 Rs.330.91 crore in the corre513 sponding period of the previ495 ous year. The dip has been attributed 477 Jan 2, 12 Feb 2, 12 to heavy provisioning and restructuring of corporate acpublic offering (IPO). Kan- counts. Total income rose by nan Vishwanath, Vice-Chair- 36.1 per cent to Rs.3,158 man and Managing Director, crore. Aanjaneya Lifecare, said the Total business during the acquisition will reduce the nine months ended Decemcompanys dependence on ber 31, 2011, stood at Rs.1.77third parties for pricing and lakh crore, recording a yearsupply to a large extent. Go- on-year growth of 20.4 per ing further, the company also cent over Rs.1.47-lakh crore. plans to enter into lifestyle Announcing the results, segment. Chairman and Managing Director B. A. Prabhakar said the gross NPAs ratio was 2.38 EXCHANGE RATES
AANJANEYA LIFE
567 Rs.538 return 10%

Andhra Bank CMD B. A. Prabhakar (centre), anked by Executive Directors A. A. Taj (left) and K. K. Misra, addressing a press conference in Hyderabad on Thursday. PHOTO: P. V. SIVAKUMAR
per cent while the net NPAs 1.21 per cent. The bank witnessed reversal of trend in the NPAs following recovery of Rs.480 crore. A target of Rs.500 crore was set for the current quarter and the bank had touched Rs.140 crore in January. We anticipate restructuring during the fourth quarter too, but not of this magni-

tude, he said. Net interest cent year-on-year, the release margin was likely to be under added. pressure for the current quarter with a downward risk of Tube Investments The directors of Tube In15-20 basis points. vestments of India have deCorporation Bank clared an interim dividend of The net prot of Corpora- Rs.2 per share for 2011-12. tion Bank for the third quar- Sales for the quarter ended ter ended December 31, 2011, December 31, 2011 were highwas Rs.402.22 crore against er by 17 per cent at Rs.875 Rs.382.42 crore in the year- crore against Rs.749 crore. ago period, an increase of 5.2 The net prot has dropped to per cent. Rs.27 crore from Rs.52 crore. The small increase in prot L. Ramkumar, Managing was mainly due to higher pro- Director, said in a release that visioning towards bad debts, the bicycles division had reginvestment depreciation and istered a growth in volume restructured accounts, the and revenue over the correbank said in a release. sponding period in the previTotal income was up 39 per ous year. cent at Rs.3,804 crore. However, growth in the auTotal deposits increased to to sector dropped for the secRs.126,607 crore from ond consecutive quarter, Rs.98,526 crore on December particularly in the passenger 31, 2010, a growth of 28.5 per car segment.

Indicative direct rates in rupees a unit except yen at 4 p.m on February 02

Currencies U.S. Dollar Euro Pound Sterling Jap Yen (100 Units) Swiss Franc Singapore Dollar Australian Dollar Canadian Dollar Swedish Kroner Danish Kroner New Zealand Dollar Hongkong Dollar Malaysian Ringitt Kuwaiti Dinar UAE Dirham Bahraini Dinar Qatari Riyal Saudi Riyal Omani Riyal

TT Buying 48.95 64.35 77.52 64.30 53.36 39.30 52.44 49.00 7.27 8.65 40.78 6.31 16.20 176.17 13.32 129.05 13.50 13.10 126.75

TT Selling 49.27 64.77 78.03 64.72 53.72 39.56 52.78 49.34 7.32 8.72 41.07 6.35 16.34 177.97 13.42 131.48 13.90 13.30 128.34

QUARTERLY RESULTS AT A GLANCE

Name Finolex Cables Godfrey Phillips Sona Koyo UCO Bank Andhra Bank Chennai Petro Corporation Bank EIH Hexaware Thermax TN Petro Whirlpool Sales/ Income 493 864 317 3974 3158 11150 3804 315 432 1285 320 720 Growth (%) (2.4) 9.8 (5.4) 27.9 36 33.6 39 4.3 44 2.5 19.4 (1.9) Net Prot 14 46 21 333 303 63 402 45 88 95 0.93 21

(Rs.Crore)

EGoM meet soon on ONGC stake sale

Special Correspondent
NEW DELHI: The Empowered

Growth (%) (46) 21 (16) 10.6 (8.5) (73) 5 60.7 120 5 12.5

Chennai Bar Silver (1 kg) Retail (1 g) 24 ct gold (10 g) 22 ct.gold (1 g) Mumbai Silver Standard gold Delhi Silver Standard gold Sovereign

57,055 61.10 28,325 2,648

(57,610) (61.70) (28,440) (2,659)

55,825 (56,000) 28,115 (28,190) 56,200 (55,800) 28,530 (28,620) 23,400 (23,400)

Source:Indian Bank

Group of Ministers (EGoM) will meet in the next ten days to nalise stake sale in Oil and Natural Gas Corporation (ONGC) in the wake of new guidelines issued by SEBI. We discussed the implications of the new SEBI guidelines on Thursday. We are yet to take a decision on the mode and timing for divestment in ONGC, Petroleum and Natural Gas Minister Jaipal Reddy told journalists after a

meeting of EGoM on disinvestment. The Institutional Placement Programme (IPP) guidelines issued by SEBI will allow promoters to sell only up to 10 per cent of their stake to maintain minimum public shareholding of 75 per cent in private sector companies and 90 per cent in the case of PSUs. Mr. Reddy expressed the hope that the government would be able to complete 5 per cent stake sale in ONGC in the current scal itself. We have not taken a view.

We will meet once again when the Deputy Chairman of Planning Commission, Montek Singh Ahluwalia is available. We will then take a nal call. Both the options are open (follow-on public offer and auction route), he remarked. After the dilution, the government stake in ONGC will come down to 69.14 per cent from 74.14 per cent. The issue of disinvestment in BHEL was not taken up as Heavy Industries Minister Praful Patel was not present.

SPORT

Star Chieftain has a good chance in feature event

CHENNAI: Star Chieftain runs with a
good chance in the Kr. Rajendra Singh Memorial Cup (1,000m), the feature event of the races to be held here on Friday (Feb. 3). There will be no false rails. 1 RAJAMUNDRY PLATE (Div. I), (1,000m), rated 00 to 25, 1-15 p.m.: 1. Casino Knight (7) C. A. Brisson 62.5, 2. Millennium Force (6) C. Umesh 62, 3. Tycoon Of Stars (8) Bopanna 62, 4. Modee Roch (9) Akbar 61.5, 5. Deck Of Cards (10) Zulquar Nain 61, 6. Tarzan Boy (2) Sk. Sharookh 58.5, 7. Treasure Cove (3) Huzaif 58, 8. Gold Digger (4) Manikandan 57.5, 9. Star World (11) Kalyan Singh 54.5, 10. Grey Glory (5) Lakshmanan 53.5 and 11. Ring Master (1) S. Manohar 53. 1. Deck Of Cards, 2. Casino Knight, 3. Treasure Cove 2 GANGA BANK PLATE (1,200m), rated 40 to 65, 1-45: 1. Duke Of Windsor (2) Ross 62.5, 2. Flirting Spirit (9) Miss Roopa 60.5, 3. Meticulous (7) Babul 59, 4. King Of Dance (6) Rajendra Singh 58, 5. Ruby Legend (5) Prem 58, 6. Midsummer Knight (1) C. Umesh 56.5, 7. Spectacular Falcon (3) Kabthar 56.5, 8. One Mission (4) Casey 54.5, 9. Limited Edition (8) M. Venkatesh 54 and 10. New Edge (10) Chowgule 50.5. 1. Duke Of Windsor, 2. Spectacular Falcon, 3. Flirting Spirit 3 DR. GNANI LAKSUMANAN MEMORIAL CUP (1,000m), rated 80 & above, 2-15: 1. Bold Promise (4) Ross 60, 2. Star Flight (5) Rajendra Singh 60, 3. Best Of The Blues (6) Prem 59, 4. Noble View (3) Miss Roopa 58.5, 5. Peach Blossom (1) Babul 55.5 and 6. Mischief Inhiseyes (2) M. Venkatesh 53.5. 1. Noble View, 2. Bold Promise 4 KR. RAJENDRA SINGH MEMORIAL CUP (1,000m), 3-y-o only (Terms), 2-45: 1. Blushing Romeo (3) Rajendra Singh 60.5, 2. Fantasy Bay (4) Prem 60.5, 3. Roman Emperor (6) Ross 60.5, 4. Star Chieftain (5) Miss Roopa 60.5, 5. Celestial Royal (2) Casey 57 and 6. Love Letters (1) Kabthar 57. 1. Star Chieftain, 2. Roman Emperor 5 COLOURFUL RAINBOW PLATE (Div. I), (1,200m), rated 60 to 85, 3-15: 1. Magnanimity (5) Prem 61.5, 2. Dancers Wave (6) Ross 61, 3. Montedoro (2) Srinivasan 60.5, 4. Bourbon King (3) Kabthar 59.5, 5. Bountiful Talent (1) Rajendra Singh 59, 6. Noble Salute (4) Miss Roopa 58, 7. Dolce Vino (8) Kalyan Singh 54.5 and 8. Sweeping Quest (7) Babul 54. 1. Bountiful Talent, 2. Bourbon King, 3. Sweeping Quest 6 HIGH SEAS PLATE (1,000m), rated 20 to 45, 3-45: 1. Best In Show (1) Ross 62, 2. Magical Star (2) Babul 62, 3. Secret Admirer (5) Rajendra Singh 62, 4. Razzamatazz (3) Kabthar 60, 5. Scenic Flight (4) M. Venkatesh 54 and 6. Grey Island (6) Casey 53. 1. Razzamatazz, 2. Scenic Flight 7 COLOURFUL RAINBOW PLATE (Div. II), (1,200m), rated 60 to 85, 4-15: 1. Tribulation (2) Ross 61.5, 2. Prince Of Persia (7) Rajendra Singh 61, 3. Bureaucrat (1) Babul 59, 4. Sweet Sensation (4) M. Venkatesh 57, 5. Winning Glory (5) Kabthar 56.5, 6. Mystery Knight (3) Miss Roopa 56 and 7. Flash Of Light (6) Prem 55. 1. Tribulation, 2. Sweet Sensation, 3. Mystery Knight 8 GUDIYATHAM PLATE (1,200m), rated 20 to 45, 4-45: 1. Brave Prospector (2) C. A. Brisson 60, 2. Forest Dream (17) Chowgule 58.5, 3. Hail The Star (18) Huzaif 58.5, 4. Alpharetta (5) Sk. Sharookh 58, 5. Kid Brother (4) S. Manohar 57.5, 6. Astronomer Royal (1) N. Murugan 56, 7. Jack Palance (6) Akbar 55.5, 8. Lion Mountain (9) Manikandan 55.5, 9. Space King (3) C. Murugan 54.5, 10. Admiral (11) Rajendra Singh 53.5, 11. Legendary Emperor (10) Zulquar Nain 53.5, 12. Galloping Bay (15) Kalyan Singh 53, 13. Star Stature (7) C. Umesh 53, 14. Top Ruler (12) Mukesh Kumar 53, 15. Pocket Rocket (16) Miss Roopa 52.5, 16. Ashwa Prayag (14) Kabthar 52, 17. Ocean Warrior (8) Babul 52 and 18. Star Miracle (13) Prem 52. 1. Pocket Rocket, 2. Admiral, 3. Ocean Warrior 9 RAJAMUNDRY PLATE (Div. II), (1,000m), rated 00 to 25, 5-15: 1. Grand Legend (7) Mukesh Kumar 60, 2. Fashion Star (11) Bopanna 59.5, 3. Rocket Flare (6) Lakshmanan 58, 4. Philidor (1) S. S. Azad 54.5, 5. Victory Blues (9) C. Murugan 53.5, 6. Sea Bed (8) Manikandan 52, 7. Blazing Time (10) Zulquar Nain 51.5, 8. Flying Man (4) Akbar 51.5, 9. Frost Prince (5) S. Manohar 51.5, 10. Runaway Hit (3) N. Murugan 51.5 and 11. Rupali (2) C. Umesh 51.5. 1. Sea Bed, 2. Rupali, 3. Blazing Time Days best: Duke Of Windsor Double: Noble View Tribulation Jkt: 5, 6, 7, 8 & 9. Mini Jkt: 6, 7, 8 & 9. Tr: 7, 8 & 9.

Silken Touch and Valahak may ght it out

BANGALORE: Silken Touch and Valahak may ght out the nish of the Sprinters Trial Stakes (1,200m), the chief event of the races to be held here on Friday (Feb. 3). False rails (width about 4m from 1,600m to 1,000m and 6m from 1,000m to the winning post) will be in position. (12) Chethana 59, 4. Vayomi (6) Md. Shoaib 55.5, 5. Voodoo Moon (4) Mudassar 55.5, 6. Fantabulous Star (11) Mallikarjun 55, 7. Good Gift (1) Md. Ghous 53.5, 8. Spark Of Blue (8) Prabhakaran 53.5, 9. Shes A Lady (9) B. Harish 53, 10. Walter (3) Milan 52.5, 11. Splendid Dancer (10) M. Kumar 50.5 and 12. Spring Beauty (7) Jagadeesh 50.5. 1. Wild Nexus, 2. Walter, 3. Spring Beauty 5 STAYERS TRIAL STAKES (2,400m), 4-y-o & over, (Terms), 330: 1. Allez Vite (4) R. Marshall 59, 2. Arabian Prince (6) Anthony 59, 3. Ordained One (2) I. Chisty 59, 4. Spark Of Gold (5) S. John 59, 5. Crown Empress (3) P.S. Chouhan 57.5 and 6. Sun Absolute (1) Suraj Narredu 57.5. 1. Arabian Prince, 2. Ordained One 6 SPRINTERS TRIAL STAKES (1,200m), 4-y-o & over, (Terms), 400: 1. Kyles Of Blue (1) Harish 59, 2. Optimus Prime (2) S. John 59, 3. Rare And Precious (5) Jagadeesh 59, 4. Smooth Glider (4) S. Fargeat 59, 5. Valahak (7) Suraj Narredu 59, 6. Bourne Supreme (6) P.S. Chouhan 56.5, 7. Secret Punch (8) I. Chisty 56.5 and 8. Silken Touch (3) Anthony 55. 1. Silken Touch, 2. Valahak, 3. Optimus Prime 7 H. DEVEREUX MEMORIAL PLATE (1,200m), rated 40 to 65, 5y-o & over, 4-30: 1. Anna (8) A. Feroz 62.5, 2. Celestial Son (4) P.S. Chouhan 61.5, 3. Royal Nature (9) I. Chisty 58.5, 4. The Senator (6) Shobhan 58, 5. Youre Stunning (12) K.R. Rajesh 58, 6. Its My Party (2) Suraj Narredu 56.5, 7. Black Beauty (3) Harish 56, 8. Mark Of Genius (1) P. Mani 55.5, 9. Nectar Crown (7) S. Hussain 55, 10. Smile All The Way (11) Irvan Singh 53.5, 11. Star Of Desire (5) Vivek 52.5 and 12. Oceanic Wind (10) Nausad 50.5. 1. Its My Party, 2. Mark Of Genius, 3. Celestial Son 8 MURUDESHWARA PLATE (1,400m), rated 40 to 65, 5-00: 1. Lowndes Square (3) Noornabi 62.5, 2. Hackett (10) Harish 60, 3. Shivalik Prince (1) P.S. Chouhan 59.5, 4. Saratoga Spring (6) Suraj Narredu 57, 5. Chantilly (2) R. Marshall 56.5, 6. Aladdin (9) Vaibhav 54, 7. Beau Sancy (7) Milan 54, 8. Blue Star (8) Jagadeesh 53.5, 9. No Doubt (11) I. Chisty 53.5, 10. Grand Success (4) Sahanawaz 53 and 11. Delta Delight (5) Ashok Kumar 52.5. 1. Saratoga Spring, 2. Shivalik Prince, 3. No Doubt 9 GAGANACHUKKI PLATE (Div. I), (1,200m), rated 20 to 45, 5-y-o & over, 5-30: 1. Enduring Speed (2) Noornabi 62.5, 2. Showers Of Luck (10) Adarsh 62.5, 3. Trillion Win (9) A. Ramu 62.5, 4. Dance To The Tune (1) Vaibhav 62, 5. Better Than Best (7) R. Anand 61.5, 6. Sparkling Image (12) P. Ramesh 61.5, 7. Brave Cat (11) Ramesh Kumar 57.5, 8. Mitraya (4) Sahanawaz 57.5, 9. Absence (3) Khurshad 57, 10. Tribal Queen (8) Mudassar 55, 11. Jewel Lady (6) B. Harish 54.5 and 12. Son Of The Sun (5) Nausad 51.5. 1. Enduring Speed, 2. Dance To The Tune, 3. Trillion Win Days best: Saratoga Spring Double: Arabian Prince Silken Touch Jkt: 5, 6, 7, 8 and 9; Mini Jkt: 2, 4, 6 and 7; Tr (i): 3, 4 and 5; (ii): 6, 8 and 9; Exacta: 4, 7, 8 and 9.

Magical Warrior wins

Magical Warrior (Kabthar up) won the Godhavari Plate, the main event of the races held here on Thursday (Feb. 2). The winner is trained by B. Suresh. The results: 1. BROADACRES PLATE (1,000m), maiden 3-y-o only: Mr. Bug (Chowgule) 1, Polynesian Pearl (A. Brisson), Black Belt ( Srinivasan) 3 and Incy Vincy (S. Manohar) 4 All ran:. Hd., Shhd and 1. 1m 11.10s. Rs. 11 (w), 5, 5, & 5 (p), SHP: Rs.12, FC: Rs. 64, Q: Rs.45, Tanala: Rs 53 (carried over). Favourite: Mr. Bug. Owners: M/s. R.R. Prasad, M. Pushparaj, P. Noble Roy and R. Karthik. Trainer: R. Karthik. 2. QUEEN ELIZABETH COMMEMORATION CUP (Div. I) (1,000m) maiden 3-y-o only: Amber Affair (Roopa) 1, Always Precious (Prem) 2, Flashing Grey (M. Venkatesh) 3 and Arctic Crown (Babul) 4. All ran. 2, 2-1/2 and 1. 1m.10.71s. Rs. 16 (w), 5 and 5 (p), SHP: 24, FC: Rs. 55, Q: Rs. 18, Tanala: Rs. 100. Favourite: Blushing Princess. Owner: Mr. Sp. Palaniappan. Trainer R. Foley. 3. MYLAPORE PLATE (1000m), rated 40 to 65: Orlando Bloom (Ross) 1, Knight Valiant (Rajendra Singh) 2, Newfoundland (Kabthar) 3 and Red Apache (M. Venkatesh) 4. All ran: 1-1/2, 2-3/4 and 1-1/4. 1m 5.74s. Rs. 6 (w), 24, Nil and Nil (p), SHP: Rs.15, FC: Rs. 6, Q: Rs. 5, Tanala: Rs.51, Favourite: Orlando Bloom. Owner: Mr. M.K. Sevugan Chetty. Trainer: R. Foley. 4. QUEEN ELIZABETH COMMEMORATION CUP (Div. II) maiden 3-y-o only: Angel In Disguise (Rajendra Singh) 1, Numerical ( Roopa) 2, Royal Ransom ( Ross) 3 and Royal Talisman (Prem) 4. All ran: 21/4, 2 and 1-1/4. 1m 10.17s, Rs. 5 (w), Nil and 41, SHP: Rs. 38, FC: Rs. 13, Q: Rs. 8, Tanala: Rs. 60. Favourite: Angel In Disguise. Owner: Mr. Rm Lakahmanan. Trainer: R. Foley. 5. GODHAVARI PLATE (1,200m) rated 100 & above: Magical Warrior (Kabthar) 1, Moon Forest (Ross) 2, Right Again (Prem) 3 and

CHENNAI: Mr. Rm Lakshmanans

Valiant Bay (Roopa) 4. All ran. 2-1/4, 2-1/4 and 4. 1m 18.23s. Rs. 5 (w), 16 and Nil (p), SHP: Rs. 8, FC: Rs. 29, Q: Rs. 35, Tanala: Rs. 36. Favourite: Magical Warrior. Owner: Mr. Rm Lakshmannan. Trainer: B. Suresh. 6. KATHMANDU PLATE (1,000m) rated 60 to 85: Steal The Glory (Babul) 1, National Trust (M. Venkatesh) 2, Chiefs Dream (Rajendra Singh) 3 and Fly For Sure (Prem) 4. Not run; Fearless Spirit. 2-1/2, 2 and 1-1/4. 1m 5.88s. Rs. 7 (w), 6 and Nil (p), SHP: Rs. 5, FC: Rs. 97 (carried over), Q: Rs. 44. Tanala: Rs. 74. Favourite: Steal The Glory. Owner: Mr. M.A. M. Ramaswamy. Trainer: B. Suresh. 7. EVEREST PLATE (1,400m), rated 40 t0 65: Celtic Jewel (Casey) 1, Dazzler (Rajendra Singh) 2, Endless love (M. Venkatesh) 3 and Foxy Lady (Roopa) 4. All ran. Rs. 11 (w), 10 and 8 (p), SHP: Rs19, FC: Rs. 18 (carried over), Q: Rs. 40, Tanala: Rs. 339. Favourite: Dazzler. Owner: Mr. Meenakshi Sundaram. Trainer: B. Suresh. 8. KOVALAM PLATE (1,000m) rated 20 to 45: Firm Amber (Prem) 1, Strike Force (Manikandan) 2, Golden Knight (Roopa) 3 and Confederation (Ross) 4, All ran. 1-3/4, 1-1/2 and 1-1/4. 1m 2. 55s. Rs. 23 (w), 10, Nil and 8 (p), SHP: Rs. 10, FC: Rs. 5 (carried over) Q: Rs. 18 (carried over), Tanala: Rs.5 (carried over). Favourite: Confederation. Owner: Mr. Sevugan Chetty. Trainer B. Suresh. 9. KALPAKKAM PLATE (1,400m), rated 00 to 25: Disco Star (Akbar) 1, Star World (Sharookh) 2, Dancing Storm (Srinivasan) 3 and King Tudor (S.Manohar) 4. All ran. 3/4, 2-3/4 and 1-1/2. 1m 32.30s. Rs. 18 (w), 14, 32 and Nil (p). SHP: 18, FC: Rs. 10 (carried over), Q: Rs. 133 (carried over), Tanala: Rs. 1069 (carried over). Favourite: Dancing Storm. Owner: Mr. A. Ganesan. Trainer: A DSilver. Jackpot: Rs. 375 (2 tkts.). Mini Jackpot: Rs. 38 (6 tkts.). Treble: 1019 (carried over).
...ND-ND

1 RUIA STUD PLATE (2,000m), rated 60 to 85, 1-30 p.m: 1. Sunspirit (2) B. Paswan 60, 2. Top Secret (5) R. Marshall 53, 3. Nadia (4) P.S. Chouhan 52, 4. Too Cold To Hold (1) Vivek 51.5 and 5. Supremacy (3) Anthony 51. 1. Supremacy, 2. Top Secret 2 CHAMUNDI HILL PLATE (1,400m), rated 20 to 45, 2-00: 1. Summer Sun (5) A. Ramu 62.5, 2. Argentum (4) Samad 62, 3. North Cape (8) P. Ramesh 61.5, 4. Raaga (7) B. Paswan 58, 5. Royal Spirit (2) P.S. Chouhan 55, 6. Hillton (6) Selvaraj 54, 7. Sonntagskonig (1) Nausad 54, 8. Western Palace (9) Adarsh 52.5 and 9. Surprisesucceeding (3) R. Bharath 52. 1. Royal Spirit, 2. Argentum, 3. Summer Sun 3 R.W.I.T.C. TROPHY (1,400m), 3-y-o only, (Terms), 2-30: 1. Stellar Ambition (4) P.S. Chouhan 57, 2. Treasure Mountain (5) Anthony 57, 3. Alderson (6) I. Chisty 53, 4. Fantastic Star (2) Raja Rao 53, 5. Simply Stylish (1) Khurshad 51.5 and 6. Thunderbay (3) Vaibhav 51.5. 1. Stellar Ambition, 2. Treasure Mountain 4 GAGANACHUKKI PLATE (Div. II), (1,200m), rated 20 to 45, 5-y-o & over, 3-00: 1. Wild Nexus (5) P.S. Chouhan 61.5, 2. Chantilly Jewel (2) A. Ramu 59.5, 3. Fame And Glory