Infosys Technologies Ltd has declared a final dividend of Rs.13.50 per share, which is 270 per cent on par value of Rs.5 per share, for the just-concluded fiscal 2008-09.
In a regulatory filing Wednesday, the IT bellwether said it had made a provision of Rs.7.73 billion (Rs.773 crore) for the dividend payout after the approval by the shareholders at its annual general meeting in June 2009.
The IT bellwether had paid an interim dividend of Rs.10 per share or 200 per cent on par value of Rs.5 per share in October 2008 for the first half (April-September) of fiscal (FY 2009).
The company, however, did not declare special dividend for FY 2009 unlike for the previous fiscal (2007-08). - Economic Times
Nothing much fascinating this year for the Indian Stock Markets. In the third week of the year market saw a night mare. Except that we saw many stocks reaching their lifetime high in Jan first and second week. Third week onwards investors started loosing their money as there we two consecutive lower circuits on 21 and 22 on Indian Markets.
Since the peek of some 21K markets fell at 7800 odd and now are at 9K levels. It lost its shine as it looses 60% in not even a year.
Dalal Street turned into Halal Street.
I doubt if any one booked their full profits.
This year we saw both the phases of the stock markets – Bull Market (for 15 days odd) and rest of the year bear phase.
Just don’t forget – “Every thing which has gone up has to come down again”
Best of 2008
Worst of 2008
Many stocks making their life time highs.
Stocks seen making their 52 Week Lows.
Sensex also reached at a crucial level of 21K mark.
Sensex and Nifty have now touched their Oct 2005 lows.
N. Deal was passed.
Fight among govt. for N.Deal. BJP was against and Congress was for it.
Ranbaxy deal
Satyam and Maytas deal called off.
Tata JLR deal
Slump in GDP numbers from 9.1 to 6.5
SunPharma Deal
Inflation peeked at 12% odd.
Inflation started cooling since Nov.
Crude touched all time high of 147.27 $ a barrel.
Crude is now at 4 years low
Worst IIP data were seen.
Few co. posted good results despite of recession in world economy.
Terror attack on Mumbai.
Brack Obama became USA’s youngest President.
Terror attack on various other cities too in India.
There are many more things, but these are the once which I think are of immense importance.
Sectors which Outperformed.
I can say none of them all are in red.
The worst hit sectors.
Reality / Infrastructure.
Metals.
Auto.
Airline.
Stocks which declared good dividend.
Disa India declared 2000% dividend on a face value of Rs. 10
Colgate Palmolive declared 900% on a face value of Re. 1
Best Performing Mutual Funds of the year - Download File
People staying in Mumbai if you want to invest in Mutual Funds pls do contact here.
Cummins India, on Friday, December 05 announced that the board of directors of the company had declared a special dividend of 120% that is Rs 2.40 a share for the financial year 2008-2009
The dividend would be paid on 198,000,000 equity shares having a face value of Rs 2 each.
The company manufactures internal combustion engines, namely diesel engines of all sizes and capacities, reciprocating piston engines, gas turbine engines, gasoline engines,etc.
Colgate Palmolive India, leading manufacturer of tooth paste today announced on Friday the board of directors of the company declared first interim dividend of 900% or Rs 9 for each equity share of Re 1 for the financial year ending Mar. 31, 2009.
The company disclosed that the said interim dividend would be distributed on the paid-up equity share capital of Rs 136 million involving a total pay-out of Rs 1,432 million. The total pay out figure of Rs 1,432 million, according to the company also included dividend distribution tax.
The company manufactures a range of consumer products marketed under the Colgate and Palmolive brand names.
