Bajaj Hind dividend
The board of Bajaj Hindusthan Ltd has approved a proposal for payment of dividend of Rs 3.75 per share for the financial year 2001-02. This proposal would be placed before shareholders at the annual general meeting for their approval, the company informed the National Stock Exchange. The board also gave its nod to appoint Suresh A. Kotak as a director in place of Uday S. Kotak who resigned as director of the company.
Bank of Baroda
Bank of Baroda (BoB) has launched its international debit card in association with Visa International and has set a target of 2 million cardholders in three years. BoB chairman and MD P. S. Shenoy said that within next 15 months, the bank would have 500 ATMs and 600 branches would be inter-connected.
Rane Brake Linings will supply disc pads for Telco’s Tata Indigo. It will be supplying these pads produced at its Ambattur plant near Chennai, through brake manufacturer Brakes India Limited.