Super Tannery fixes Record Date for stock split
Super Tannery India Ltd has informed that March 28, 2008 has been fixed as the Record Date for the purpose of splitting-up of the nominal value of shares of the Company from Rs 10 to Rs 2 each as fully paid up.
NTPC eyeing alternate sources of energy
India's biggest power producer National Thermal Power Corporation (NTPC) is partnering with GE Energy Financial services and Brookfield Power of Canada for alternate sources of energy. In the next ten years, NTPC plans to set up 75000 MW of power and by 2017 it will have a healthy portfolio of green energy. It will produce the first 500 mega watts in the next two years with an investment of about Rs 2500 cr for the joint venture. As NTPC has already lined up firm plans with ADB for the wind power projects, it stands to benefit from its green-projects as the government gives huge incentives for such projects. In fact for NTPC, the green project is an on-going process and not only a business initiative. Apart from the plans of commercial use of wind farms and hydro projects, the power major has already planted about 19 crore trees and saplings in and around various NTPC plants and townships.
Rane Holdings Board to consider interim dividend
Rane Holdings Ltd has informed that a meeting of the Board of Directors of the Company will be held on March 27, 2008, inter alia, to consider the payment of the Interim Dividend proposed for the year ending March 31, 2008.
ICICI Bank - Allotment of equity shares under ESOS
ICICI Bank Ltd has informed that the Bank has allotted 7,525 equity shares of face value of Rs 10/- each on March 10, 2008 under the Employees Stock Option Scheme, 2000 (ESOS).
Corporation Bank Board to consider interim dividend
Corporation Bank has informed that a meeting of the Board of Directors of the Bank will be held on March 25, 2008, inter alia, to consider the declaration of Interim Dividend if any for the Financial Year 2007-2008.
ICICI Ventures buys European firm
RFCL, an ICICI Ventures company acquired an animal healthcare company in Europe and is known to be in advanced stage of negotiations for the acquisition of another fine chemicals company in Europe, reports DNA. The combined revenues of the two companies stand at around Rs 3 billion. The life sciences and laboratory solutions provider RFCL is looking forward to acquire the second company by April 2008. RFCL, formerly known as Ranbaxy Fine Chemicals, was part of Ranbaxy Laboratories and was acquired by ICICI Ventures in 2005.
Mather & Platt Pumps fixes Book Closure for AGM
Mather & Platt Pumps Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from April 21, 2008 to April 26, 2008 (both days inclusive) for the purpose of 11th Annual General Meeting (AGM) of the Company to be held on April 26, 2008.
Rane Holdings fixes Record Date for interim dividend
Rane Holdings Ltd has informed that April 02, 2008 has been fixed as the Record Date for the purpose of payment of interim dividend, if any.
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