Future Value Retail to merge with Pantaloon Retail
NEW DELHi: Future Group firm Pantaloon Retail (India) on Monday said it will merge its wholly-owned subsidiary Future Value Retail,which runs Big Bazaar and Food Bazaar stores,with itself.
R-Cap declares 50% special dividend
Mumbai: The Board of Reliance Capital on Monday approved a special interim dividend of 50 per cent for shareholders on the completion of 25 years of the company. The dividend will be paid to shareholders on or before October 10,the company said.
RIL may see larger drop in KG-D6 gas
New Delhi: Reliance Industries flagging KG-D6 gas field may see larger than previously projected drop in production as the company shut eight wells due to water and sand ingress.
HSCI changes name to Honda Cars India
NEW DELHi: Japanese auto major Honda has changed the name of its Indian operations to Honda Cars India Ltd following the break up of its joint venture with Usha International of the Shriram Group. The erstwhile Honda Siel Cars India (HSCI),will now become a 100 per cent subsidiary of Honda in India.