CORPORATE
DIVIDEND ANNOUNCEMENT
Dredging Corp declares 150% dividend
Visakhapatnam, Sept. 29 Dredging Corporation of India has declared a dividend of 150 per cent, for the second time, including interim dividend of 60 per cent paid in February, for 2006-07, involving an amount of Rs 48.64 crore, according to a ...
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BHEL pays Rs 406-cr dividend to Govt
New Delhi, Sept 29 Bharat Heavy Electricals Ltd (BHEL) has paid a final dividend of Rs 406 crore to the Centre for 2006-07. Of the total amount, Rs 207.2 crore has already been paid to the Government as interim dividend. The BHEL ...
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HUMAN RESOURCES
Manpower crunch: Power firms to adopt ITIs
Tata Power, Lanco Infratech, Jindal Steel & Power, Reliance Energy, National Hydroelectric Power Corporation (NHPC) and Damodar Valley Corporation (DVC) are among power utilities that have chalked out plans to establish new industrial ...
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MERGERS & ACQUISITIONS
Shaw Wallace, United Spirits to discuss merger
Both boards to explore options during this fiscal
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Stronger focus
Prime Focus, providing post-production services, will buy the post-production business of UTV Software Communications, for an undisclosed sum. The latter will also transfer all rights, title, ownership and usage of the brand etc. to Prime ...
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OVERSEAS INVESTMENTS
African embers
Gremach Infrastructure Equipments and Projects has taken a 75 per cent controlling stake in 11 coal mine licenses in Mozambique. Expected reserves in the above mines are more than 200 million tonnes. ...
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ALLIANCES & JOINT VENTURES
Shriram group plans jt venture with Singapore co
To offer transport service for software cos taking up space in Gateway
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DIVERSIFICATION
Venkateswara Hatcheries enters diagnostics space
Hyderabad, Sept. 29 Venkateswara Hatcheries Private Ltd will soon launch the biosensor-based diagnostic kit for testing HIV in just three minutes, marking its foray into the diagnostics segment. The company received licence to market ...
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