Kollam to host Southern Regional Conference of Tourism Ministers

Trivandrum: The Tourism Ministers from Southern States of Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, and Puducherry; Union Territories of Andaman and Nicobar and Lakshadweep will meet in Kollam for the two-day Second Southern Regional Conference of Tourism Ministers on August 20 & 21, 2011, to chalk out joint strategies to woo foreign tourists and identify common tourism circuits, among other things.

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Apollo Tyres declare 50 % dividend, to invest Rs.500 cr this fiscal

Kochi: The 38th Annual General Body Meeting of Apollo Tyres held today in Kochi declared an annual dividend of 50 % for the financial year ending March 31, 2011. The sales have moved up by 55% to Rs.28.2 billion for the first quarter ending June 30. The operating profit increased 20% to touch Rs.2.4 billion while the net profit rose 3.9 % to Rs.771 million during the same period. The company aims to become one of the top 10 global tyre companies in the next five years.

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