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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Chevrolet announces special Onam offers for Kerala
Kochi: Leading car manufacturer, General Motors India, and the makers of Chevrolet today announced new offers and special schemes as part of Onam celebrations for its customers in Kerala. P Balendran, VP, General Motors India said, “With the launch of the much awaited Beat Diesel, the company plans to increase its market share in the highly attractive Kerala market.”
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