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  • Obama's stimulus plan a key trigger for global economy
  • Expect continued weakness in crude oil prices
  • China's oil demand fell by 500,000-600,000 bbl Oct-Nov
  • Global crude demand would continue downward trend
  • HOV Services to consider buyback on Jan 13
  • Fiscal stimulus to help with liquidity
  • Demand and customer sentiment down sharply
  • Move to encourage banks, MFs to lend more to NBFCs
  • Expect to borrow against rated CPs from RBI
  • Need a large fiscal stimulus for economic revival in 2009
  • More earnings downgrades, target cuts by analysts
  • Scope for more rate cuts as inflation trending lower
  • U.S. economic data seen -ve for coming months
  • Should agree to a standstill if shareholders reject offer
  • Offer < $10.25 Sun paid for Brandes' 8% stake in Taro
  • Proposal contemplates a full cessation of litigation
  • Prepared to conduct a shareholder referendum
  • Taro shareholders to vote, yes or no, on a merger
  • Crude trading in red, trading around $48/bbls
  • U.S. equities fell for the first time in 4 days
  • S&P500 financial index fell 2.5% yesterday
  • Dow Jones down 0.9% at 8950 levels
  • Asian markets trading mixed with positive biased
  • Incentives for projects larger than Rs.1000cr: Guj Govt
  • Sensex closes up 317 pts; Nifty up 74 pts
  • CNX Midcap Index & Smallcap Index up over 1% each
  • BSE Bankex up 3.5%, BSE Metal up 5.5%
Updated: 19/08/2008 | 12:00 AM IST
Genesys International Corporation recommends dividend
Capital Market
Tuesday, August 19, 2008 (New Delhi)
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Of 20%

The board of Genesys International Corporation has recommended dividend at the rate of Rs 2 per share (20%).

This was recommended at the board meeting held on 18 August 2008.

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