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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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domain-B : Indian business : News Review : 08 July 2006 : Markets