The board of directors recommended sub division of equity share capital of the company from face value of Rs 10 into Re 1 each and has decided to seek members approval through Postal Ballot. The board also recommended final dividend of Re 1 a share on 5.54 million equity shares in addition to Rs 7 already paid as interim dividend.
Friday, July 11, 2008
Sony Ericsson likely to acquire Spice Mobile
Patel Integrated Logistics has acquired a property comprising of a plot of non-agricultural land measuring 7,000 sq. yards for Rs 12.1 million together with 43,000 sq ft of construction thereon, situated at Bhiwandi, Thane district.
HCL announced it has won a new multi-year, multi-location, multi-faceted contract with Bergstrom, a global leader in the design and supply of climate systems to the commercial vehicle Industry.
Patel Integrated Logistics has acquired a property comprising of a plot of non-agricultural land measuring 7,000 sq. yards for Rs 12.1 million together with 43,000 sq ft of construction thereon, situated at Bhiwandi, Thane district.
HCL announced it has won a new multi-year, multi-location, multi-faceted contract with Bergstrom, a global leader in the design and supply of climate systems to the commercial vehicle Industry.
Artson Engineering has received an order from HPCL, Mittal Energy for Crude Oil Storage Tanks (4 nos.) work for the Guru Gobind Singh Refinery Project at Bhatinda, Punjab. The total value of the order is Rs 362.7 million.
Tamilnadu Electricity Board (TNEB) has awarded a contract worth Rs 12.75 billion to Bharat Heavy Electricals (BHEL) for supply of 600 mw thermal power generating unit on Engineering, Procurement and Construction (EPC) basis,
Welspun-Gujarat Stahl Rohren won orders worth Rs 30 billion from India and overseas.
Index of Industrial Production (IIP) growth for the month of May 2008 plummeted to 3.8% as compared to 10.6% in May 2007.
inflation, trudged vertically up to 11.89% for the week ended June 28, as compared with 11.63%
The Special Undertaking of UTI (SUUTI) to offload around 17% out of its 27.11% stake in Axis Bank through block deals on the stock market,
Biocon, a research-driven, global healthcare company is planning to set up a fully-owned R&D company to get a major pipeline of potential therapies for cancer, diabetes among a dozen ongoing discovery programs
iL&FS Investment Managers at their meeting held on Jun. 26, 2008, approved the issue of bonus shares in the ratio of one equity share for every two equity shares held. The record date for the bonus shares will be on Jul. 29, 2008.
Max India will be held on Jul. 11, 2008, to consider and approve the joint venture (JV) arrangement with UK-based BUPA Finance.
JPMorgan Chase has invested Rs 2.5 billion in a closely-held property developer BPTP for an equity stake of 3%
SBI to launch mobile banking services shortly
ICICI Bank is being presented with several acquisition opportunities across the globe and an overseas acquisition is possible
Tamilnadu Electricity Board (TNEB) has awarded a contract worth Rs 12.75 billion to Bharat Heavy Electricals (BHEL) for supply of 600 mw thermal power generating unit on Engineering, Procurement and Construction (EPC) basis,
Welspun-Gujarat Stahl Rohren won orders worth Rs 30 billion from India and overseas.
Index of Industrial Production (IIP) growth for the month of May 2008 plummeted to 3.8% as compared to 10.6% in May 2007.
inflation, trudged vertically up to 11.89% for the week ended June 28, as compared with 11.63%
The Special Undertaking of UTI (SUUTI) to offload around 17% out of its 27.11% stake in Axis Bank through block deals on the stock market,
Biocon, a research-driven, global healthcare company is planning to set up a fully-owned R&D company to get a major pipeline of potential therapies for cancer, diabetes among a dozen ongoing discovery programs
iL&FS Investment Managers at their meeting held on Jun. 26, 2008, approved the issue of bonus shares in the ratio of one equity share for every two equity shares held. The record date for the bonus shares will be on Jul. 29, 2008.
Max India will be held on Jul. 11, 2008, to consider and approve the joint venture (JV) arrangement with UK-based BUPA Finance.
JPMorgan Chase has invested Rs 2.5 billion in a closely-held property developer BPTP for an equity stake of 3%
SBI to launch mobile banking services shortly
ICICI Bank is being presented with several acquisition opportunities across the globe and an overseas acquisition is possible
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