Kolkata: To reposition its brand through technological upgradation, Godrej Appliance, a division of Godrej & Boyce Mfg Co Ltd, has planned Rs 300 crore capital expending in the recent fiscal.
Tiruchirapalli: A top company executive said that Polystyrene manufacturer Supreme Petrochemicals Ltd is expecting a turnover of Rs 1,600 crore in the recent fiscal started from July 1, 2007.
R Rangarajan, Chief Executive (Export Marketing), told that the company made revenue of Rs 1,400 crore in the last year, out of which more than 50 per cent was accomplished through exports.
Mukesh Ambanii’s Reliance Industries Limited (RIL), has turned into the first company to achieve a market capitalisation (cap) of Rs 3 trillion after the company’s shares soared up 5.6% on yesterday (September 19).
RIL’s scrip ascended to touch a record high of Rs 2,185, and closed the day after making a profit of Rs 114.50 at Rs 2,172.90 recording a market cap at about Rs 3,028 billion at the end of the trading session.
At the company’s 23rd Annual General Meeting (AGM) held on Aug. 25, the members of India Glycols have sanctioned the announcement of dividend at 30%, or Rs 3 per share of the value of Rs 10 each.