Rallis India said it has decided to pay an interim dividend of 90%, or Rs 9 per share, to shareholders. The firm has fixed October 29 as record date, it said. ?… the Board of directors at its meeting held on October 19, 2010 has approved the payment of interim dividend of Rs 9 per share (90%) to the shareholders,” Rallis India said.
MTIL forms JV with Israel?s HASH Systems
Security solutions provider Micro Technologies India (MTIL) has formed a joint venture with Israel-based HASH Systems to set up international command and control centres in India for providing integrated security solutions to its clients. The companies have formed a 50-50 JV with an initial investment of $ 3 million.