Saturday, July 3, 1999
US-64 dividend cut disappoints small investors
The Unit Trust of India (UTI) move to cut in dividend on its popular scheme Unit Scheme 64 to 13.50 per cent from 20 per cent has come as a big disappointment for small investors.
Colgate shifts Jayaraman to US, brings in expatriate
FMCG major Colgate-Palmolive (India) Ltd (CPIL) has shifted the managing director of the company J Jayaraman to New York as the vice president, global business development group of the parent company.
US-64 dividend cut to 13.5%
Unit Trust of India (UTI), the largest mutual fund in the country, has stunned the investors by slashing the dividend on Unit Scheme-64 to 13.5 per cent from 20 per cent.
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