VST Industries hits record high after strong Q4 earnings
VST Industries jumped 4.74% to Rs 1,919.60 at 9:16 IST on BSE after net profit rose 36.5% to Rs 36.73 crore on 24.1% growth in net sales to Rs 195.60 crore in Q4 March 2012 over Q4 March 2011....
Read full story (Read times) Add a comment - 0 users commented on this postAro Granite Industries recommends dividend
The board of Aro Granite Industries in its meeting on 14 April 2012 has recommended dividend at the rate of Re 1 per share (10%) for the year 2011-2012.
Read full story (Read times) Add a comment - 0 users commented on this postReliance Industrial Infrastructure recommends dividend
The board of Reliance Industrial Infrastructure in its meeting on 14 April 2012 has recommended dividend at the rate of Rs 3.50 per share.
Read full story (Read times) Add a comment - 0 users commented on this postContainer Corporation of India to hold board meeting
The board meeting of Container Corporation of India will be held on 23 April 2012 to consider the un-audited financial results for the quarter ended 31 March 2012.
Read full story (Read times) Add a comment - 0 users commented on this postFinolex Industries to announce financial results
The board meeting of Finolex Industries will be held on 28 April 2012 to consider and approve the audited financial results for the quarter and the financial year both ended 31 March 2012 and to consider recommendation of dividend...
Read full story (Read times) Add a comment - 0 users commented on this postGujarat Natural Resources to hold board meeting
The board meeting of Gujarat Natural Resources will be held on 18 April 2012 to consider the appointment of Ilesh Shah, non-executive director as new chairman of the company.
Read full story (Read times) Add a comment - 0 users commented on this postApollo Tyres launches concept retail outlet ‘Apollo Super Zone’ in Dubai
Apollo Tyres, a leading Indian tyre major, has launched its first premier branded retail outlet, the Apollo Super Zone in Dubai. Designed to provide customers with an enhanced retail experience and a better feel for the brand and its...
Read full story (Read times) Add a comment - 0 users commented on this postBank of Baroda bestowed with ‘Best PSU Bank’
Bank of Baroda, third largest state-run lender, was awarded the ‘Best PSU Bank’ in the 2nd edition of Bloomberg UTV Financial Leadership Awards. The Chairman and Managing Director of the bank received the award from the Finance Minister. The...
Read full story (Read times) Add a comment - 0 users commented on this postAlok Industries’ promoter group hikes shareholding in the company
Alok Industries’ promoter group company – Niraj Realtors and Shares has purchased additional 40.50 lakh equity shares of the company during April 10, 2012 to April 13, 2012 in the open market under creeping acquisition constituting 0.49% of the...
Read full story (Read times) Add a comment - 0 users commented on this postTDSAT passes judgment in favour of Dish TV
The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has passed the judgment in favor of Dish TV case against ESPN Software India (ESS) on movement of fixed fee agreement to RIO based agreement. Earlier, Dish TV was availing the...
Read full story (Read times) Add a comment - 0 users commented on this postNTPC bags ‘SCOPE Meritorious Award 2010-11’
National Thermal Power Corporation (NTPC), India’s largest power generation company was awarded ‘SCOPE Meritorious Award 2010-11’ for Corporate Social Responsibility & Responsiveness by the President of India on April 13, 2012 in New Delhi. The Gold Trophy was received...
Read full story (Read times) Add a comment - 0 users commented on this postDSP BlackRock FMP-Series 30-3M announces dividend
DSP BlackRock Mutual Fund has announced 18 April 2012 as the record date for declaration of dividend in the dividend payout option of DSP BlackRock FMP-Series 30-3M, a close ended income scheme. The quantum of dividend will be up...
Read full story (Read times) Add a comment - 0 users commented on this postUTI Mutual Fund Announces Dividend for Opportunities Fund
UTI Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit under dividend option of UTI Opportunities Fund. The record date for dividend has been fixed as 19 April 2012. The quantum...
Read full story (Read times) Add a comment - 0 users commented on this postSarda Energy & Minerals to convene EGM
Sarda Energy & Minerals has announced that the extraordinary general meeting of the company will be held on 12 May 2012.
Read full story (Read times) Add a comment - 0 users commented on this postSesa Goa to consider final dividend
The board meeting of Sesa Goa will be held on 24 April 2012 to consider and take on record the unaudited financial results for the quarter and audited financial results for the year ended 31 March 2012 and to...
Read full story (Read times) Add a comment - 0 users commented on this postJaihind Projects to hold board meeting
The board meeting of Jaihind Projects will be held on 18 April 2012 for consideration of the preferential allotment of shares.
Read full story (Read times) Add a comment - 0 users commented on this postSAIL bags SCOPE award for corporate governance
State run Steel Authority of India (SAIL) has bagged the SCOPE Meritorious Award for Corporate Governance for 2010-11. The award was formally received by company Chairman C S Verma from the President of India, Pratibha Patil, at the Public...
Read full story (Read times) Add a comment - 0 users commented on this postMaruti Suzuki, country’s largest carmaker is likely to start the proposed test track at Rohtak in Haryana. It has planned an outlay of about Rs 1,700 crore for the project. It has started initial work at the 600-acre site and the project is expected to be completed by the end of 2014. The test track forms a critical part of any automotive company enabling it to test its vehicle before securing various certifications. The R&D team in India, having about 1,100 people, is playing a vital role in the design and development of cars. About 150 engineers from India are working in Japan at Suzuki centers on various cars under development. Recently, the passenger car leader had forayed into Utility Vehicle segment by launching the industry’s first life utility vehicle ‘Ertiga’. The product portfolio of the market leader would be strengthened by Ertiga and it also creates an all new life utility segment at an attractive price point.
State run Steel Authority of India (SAIL) has bagged the SCOPE Meritorious Award for Corporate Governance for 2010-11. The award was formally received by company Chairman C S Verma from the President of India, Pratibha Patil, at the Public...
Read full story (Read times) Add a comment - 0 users commented on this postMaruti Suzuki to start work at Rohtak test track project
Maruti Suzuki, country’s largest carmaker is likely to start the proposed test track at Rohtak in Haryana. It has planned an outlay of about Rs 1,700 crore for the project. It has started initial work at the 600-acre site...
Read full story (Read times) Add a comment - 0 users commented on this postAtul’s JV inaugurates date palm tissue culture laboratory
Atul’s JV – Atul Rajasthan Date Palms (ARDP) has inaugurated the state-of-the-art date palm tissue culture laboratory. The Chief Minister, Government of Rajasthan has inaugurated the laboratory located at Chopasani, Jodhpur in Rajasthan on April 1, 2012. ARDP will...
Read full story (Read times) Add a comment - 0 users commented on this postBASF India aims Rs 1,000 crore revenue from Dahej plant
Chemicals producer BASF India is aiming revenue of about Rs 1,000 crore from its new plant at Dahej in Gujarat which will be operational from 2014. The Dahej plant will mainly cater to the western and the northern regions,...
Read full story (Read times) Add a comment - 0 users commented on this postMaruti Suzuki to develop vendor park at Mehsana, Gujarat
Maruti Suzuki India, country’s largest vehicle maker is eyeing to develop a vendor park for its proposed greenfield manufacturing facility at Mehsana in Gujarat. The company is expecting to sign an agreement with the Gujarat government by June for...
Read full story (Read times) Add a comment - 0 users commented on this postDevelopment Credit Bank reports 52% jump in Q4 ne
Development Credit Bank (DCB) has reported 52% jump in net profit at Rs 17.3 crore in the fourth quarter ended March 31, 2012 as against Rs 11.4 crore in the year-ago period on the back of lower provisioning and...
Read full story (Read times) Add a comment - 0 users commented on this postBEL receives SCOPE Meritorious Award for R&D
Navratna Defence PSU, Bharat Electronics (BEL) has obtained the SCOPE (Standing Conference of Public Enterprises) Meritorious Award for R&D, technology development and innovation for the year 2010-11. The award was formally received by Anil Kumar, Chairman and Managing Director...
Read full story (Read times) Add a comment - 0 users commented on this postLIC Housing Finance to Rs 25,000 crore in FY13
In a bid to support its business, LIC Housing Finance, a subsidiary of state-run insurance giant LIC, is planning to borrow around Rs 25,000 crore in the current financial year, which is about 13.5 percent higher than FY12. The...
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