Bizbits

8220;While the aluminum engine, again a first for scooters in India, ensures better cooling for longer life, the power developed by the engine allows the user to be the first off the mark at signals and with more to spare for overtaking. Legend combines the performance of a motorcycle with the ease, economy and durability of a scooter. Under Indian driving conditions, this redical engine allows the scooter to deliver 62 kmpl,8221; said a press release.

Colgate

MUMBAI: Colgate-Palmolive India has recommended a 17 per cent final dividend for the year ended March 1998. Announcing its first quarter results, the company saidthat marketing investments almost doubled over the corresponding quarter last year.

Tata Tea

MUMBAI: The net profit of Tata Tea Limited shot up to Rs 39.10 crore during the first quarter of the current fiscal as against Rs 7.82 crore during the corresponding period last year. Total income of the company also showed a significant rise as it rallied to Rs 225.04 crore from Rs 217.48 crore.