Hindustan
Sanitaryware pays 25 per cent interim dividend
Mumbai: Hindustan Sanitaryware & Industries' board
of directors of the company at its meeting held on July
03, 2006 has declared an interim dividend at 25 per cent
ie ReO.50 per equity share of Rs2 each for the financial
year 2006-07.
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Investors
happier with India Inc
New Delhi: After market regulator SEBI cracked down
on companies with a heavy hand earlier this year, investors
have started getting a better deal. This is as the number
of complaints relating to non-receipt of refunds and allotment
letters have come down by nearly half.
According
to the latest data available with the Securities and Exchange
Board of India (SEBI), the regulator received a total
of 549 investor grievances against listed companies between
May 1 and 15, down from 1,199 complaints received in the
previous fortnight.
After
a probe into alleged abusive practices in more than 100
IPOs between 2003 and 2005, the SEBI had released a 256-page
interim order towards April end, barring a number of market
operators from trading. This was followed by announcements
of several redressal measures over the subsequent weeks.
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