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Corporate Economy Expressions Markets Leisure 27 February 1998   Harshita Organics reports 576% rise in net profit, scrip zooms on BSE Harshita Organics Limited has shot into limelight on the Mumbai Stock Exchange with the scrip witnessing a 200% gain recently on a single day. The scrip which used to be hardly traded, saw a spurt in activity following the company's announcement of a 422% jump in its first-half turnover and 576% rise in net profit.   Restructuring rakes in moolah for Pentafour The market seems to have welcomed the restructuring undertaken by Pentafour Software. The scrip has zoomed by over 75% from Rs 151.75 to Rs 267 in two weeks. On the National Stock Exchange, the scrip touched an all-time high of Rs 293 yesterday. Asia-Pacific markets rise; Hang Seng up 338 points Asia-Pacific stock markets strengthened on Thursday as investors took heart from stable currencies and the absence of any new negative developments in the regional financial crisis. The key Hang Seng index gained 338.04 points to close at 11,224.78. JSE firms default on listing fee Legal notices have been sent to about 500 listed companies by the Jaipur Stock Exchange (JSE) following their failure to pay the listing fees for the current fiscal. The total outstandings are put at Rs 1 crore.   Bata parent mulls funds infusion Enthused by the improved working of Bata India Ltd in 1997, when production was higher than the targeted 34 million pairs of footwear, the parent Bata Shoe Organisation (BSO) has hinted at fresh investments in the local arm. The funds will be used for upgrading Bata India's factories and to strengthen its marketing and distribution network. Silicon Graphics to treble equity of local subsidiary Silicon Graphics is trebling the equity of its 100 per cent local subsidiary. Required FIPB approvals for increasing the equity base of Silicon Graphics India (Pvt) Ltd to $5.8 million from $1.8 million have been obtained.     Around the Market   Financial Briefing   ICICI to offer market-making facility for Safety Bonds