CORPORATE
DIVIDEND ANNOUNCEMENT
ONGC declares 180% interim dividend
Oil major's highest ever payout of such a dividend
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NEW BUSINESS
VA Tech Wabag bags projects worth Rs 800 cr
Turnover may triple to cross Rs 1,000 cr in 3-4 years
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AWARDS & HONOURS
Leadership awards
THE WINNERS: Mr Kumar Mangalam Birla, Chairman, AV Birla Group, and Mr S. Kasturirangan, former Chairman, ISRO, and Rajya Sabha MP, after receiving the Lakshmipat Singhania - IIM Lucknow National Leadership Award from the Prime Minister, Dr ...
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MERGERS & ACQUISITIONS
`UK Takeover Panel is an independent body'
The Commerce Minister, Mr Kamal Nath, was recently quoted as saying that the UK Government should not get involved in business matters such as the Corus deal. And that the Government should let the shareholders deal with the same. "His ...
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NEW PROJECTS
Power link to Sri Lanka in 40 months: PowerGrid
Plans to set up a $450-m mega transmission line
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Ashok Leyland to break ground for Uttaranchal, UAE units in Jan
We are very low geared and cash surplus, says MD
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Vizag Profiles steel unit opened
The high carbon wires and galvanising division of Vizag Profiles Ltd was inaugurated in Autonagar here on Saturday by Sri K. Sivananda Murthy, a religious teacher and thinker. On the occasion, the Swamiji said reviving an old unit was a much ...
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VENTURE CAPITAL
Kotak Private Equity focussing on alternative asset class
Kotak Private Equity is now focusing on alternative asset classes for investing funds. The private equity arm has raised $300 million for its new real estate fund, said Mr Nitin Deshmukh, Head-Private Equity, Kotak Mahindra Bank. The firm raised ...
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OUTLOOK
Pioneer Embroideries to expand
Pioneer Embroideries Ltd plans to enter the lingerie segment in the first quarter of next year. "We are entering this segment because it is largely untapped. We understand the psyche of Indian women and want to capitalise on that," said Mr Harsh ...
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