CORPORATE
DIVIDEND ANNOUNCEMENT
DLF board recommends 100% final
Real estate major DLF Ltd has posted over 300 per cent rise in its consolidated net profit for the year ended March 2008 at Rs 7,812 crore against the previous year. The board of directors has recommended a final dividend of 100 per cent ...
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RESTRUCTURING
L&T to conduct postal ballot for biz revamp
Mumbai, June 4 Construction and engineering company Larsen & Toubro has decided to conduct a postal ballot to seek shareholders’ approval for restructuring its business by transferring, selling or disposing of its Medical Equipment ...
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OncQuest Lab goes independent
New Delhi, June 4 OncQuest Laboratories Ltd (formerly Dabur OncQuest) formally announced its existence as an independent entity moving away from being a part of Dabur Pharma Ltd, effective December 31, 2007. OncQuest Laboratories Ltd was ...
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NEW PROJECTS
Yokohama plans unit in Haryana
New Delhi, June 4 Tokyo-Based Yokohama Rubber Co is estimated to invest Rs 1,000 crore in Haryana over the next two years to set up a manufacturing facility in Bahadurgarh. This would mark the entry of Yokohama in the Indian tyre ...
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Eastern Condiments raises capacity; expanding to new areas
Adimali (Kerala), June 4 Eastern Condiments Pvt Ltd, a curry powder and masala maker in the country, has increased its capacity to 300 tonnes a day from the present 200 tonnes so as to emerge as the largest integrated spices and condiments ...
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ALLIANCES & JOINT VENTURES
TVS enters into tie-up with Mahabharat Motors
Kolkata, June 4 TVS Motor Co Ltd has entered into a contract manufacturing arrangement with Mahabharat Motors Manufacturing Pvt Ltd whereby TVS motor cycles will be manufactured at the latter’s two-wheeler manufacturing facility that is ...
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OUTLOOK
Biocon eyeing top slot in nephrology space
Launches two pre-filled syringe brands
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Bosch to tap surveillance market in India
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IOC may draw back curbs on expenditure
Kolkata, June 4 Following the compensation package announced, IndianOil may withdraw a majority of restrictions on marketing expenditure. The company recently put on hold the larger part of its Rs 1,600-crore planned expenditure in 2008-09, ...
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