CORPORATE
DIVIDEND ANNOUNCEMENT
NCL Ind to pay 5 pc final dividend
NCL Industries Ltd has announced the final dividend of 5 per cent on equity shares, while confirming the interim dividend of 10 per cent already paid for the financial year 2005-06. The company has informed the BSE that the members at the 25th ...
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ESOPS
Granules allots equity to staff
Granules India Ltd (GIL) has informed BSE that the committee of the board of directors of the company at its meeting held on Monday allotted 19,620 fully paid-up equity shares of the company of the face value of Rs 10 each to the ...
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OUTSOURCING
DaimlerChrysler to increase component sourcing from India
Automaker DaimlerChrysler today said it would source more components from India for its operations in other countries such as Japan, Germany and the US. "Our sourcing from India has witnessed a compound annual growth rate of 20 per cent over ...
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MERGERS & ACQUISITIONS
TravelPort buys Sri Balaji Tours
TravelPort India, has acquired 100 per cent stake in Sri Balaji Tours and Travels, the company announced in a press release on Tuesday. The value of the deal was not disclosed. The acquisition is part of TravelPort's strategy ...
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NEW PROJECTS
No plan now to shift project from Singur: Tatas
There are proposals from other States, says Ravi Kant
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SPML to invest Rs 750 cr in renewable energy
SPML Group has announced it would invest Rs 750 crore in renewable energy projects over five years as part of its growth strategy. It also plans to increase its headcount from 1,000 to 2,000 in the next 18 months and diversify into other ...
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INTERVIEW
After one more round in the Corus `takeover open'
The race for the Corus trophy is still on, after the contenders Tata and CSN played out what seems to be just one more round in the takeover open. "It's been an exciting weekend for the Corus Board and Corus shareholders with not one but two ...
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OUTLOOK
Honda to hike scooters output by 20 pc
To introduce new variants to boost sales
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Stanley Works soon to supply consumer tools in India
To set up 40,000-sq. ft warehouse near Delhi
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ONGC may shell out Rs 100 cr for unfinished work
Decides to relinquish five deepwater blocks
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Dr Lal PathLabs plans pan-India presence
Dr Lal PathLabs Pvt Ltd will be doubling its infrastructure and hopes to have 50 pathology laboratories across the country by March 2009. "Dr Lal PathLabs has set for itself the goal of leading the process of consolidation and garner a market ...
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IndianOil drops plan to tap bond market
IndianOil has dropped the plan to tap the bond market to raise finances, with improvement in liquidity owing to fall in crude oil prices from the previous peak. The company was earlier actively considering issuing bonds as an alternative to ...
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