CORPORATE
ANNOUNCEMENTS
Sanghi allots shares to promoters
Sanghi Industries Ltd has informed the stock exchanges that its board of directors at the meeting held on Saturday has issued and allotted 20-lakh shares to the promoter group. ...
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Paramount to mull stock split
Paramount Communications Ltd has informed the BSE that a meeting of the board of directors will be held on October 20, inter alia, to consider the following: 1. The unaudited financial results for the quarter and half year ended ...
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NEW BUSINESS
Indo Asian bags Rs 21-cr export order
Indo Asian Fusegear Ltd has secured an order worth Rs 21 crore from Saudi Arabia for the export of electrical equipment, used in the manufacture of lighting products. The order consists of electrical equipment including HID ...
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MANAGEMENT
Bajaj Auto strives to implement TPM mantra among vendors, dealers
Speeding towards being a zero defect organisation
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MERGERS & ACQUISITIONS
Changes in promoter holdings: What's at stake for the shareholder?
A high promoter holding has not been a barrier in adding shareholder value. On the contrary, companies with a concentrated ownership have added more value than those with a dispersed ownership.
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NEW PROJECTS
H&R Johnson to invest in Rajkot unit
H&R Johnson (I) Ltd, plans to invest Rs 100 crore in its Rajkot vitrified tile unit. The investment would expand the current capacity of the plant from 65,000 sq ft per day to 2,20,000 sq ft per day by April next year, according
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SOCIETY & DEVELOPMENT
Godrej drive on anti-dengue, chikungunya
Godrej Sara Lee Ltd will distribute its mosquito repellant products for free and at a discount to low-income groups in areas affected by dengue and chikungunya. "We are going to make free donations of our product through NGOs (non-government ...
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BONUS ANNOUNCEMENTS
Crompton bonus at 2:5; net up 25 pc
Crompton Greaves Ltd has reported a 25 per cent increase in net profit for the second quarter ended September 30. The company's net profit amounted to Rs 40.6 crore (Rs 32.5 crore). The board has recommended an interim dividend of 20 per ...
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OUTLOOK
NTPC to produce 50-mt coal by 2017
National Thermal Power Corporation Ltd (NTPC) plans to produce around 50 million tonnes of coal by the year 2017 to meet close to 25 per cent of its total coal requirement from its captive mines. NTPC, which has been allotted eight mining ...
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