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Tuesday, May 20 1997
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Indal net profit slumps 48% to Rs 60 crore![[Details]](/icons/bullet.gif){kind=icon}
Indian Aluminium Co Ltd (Indal) on Monday reported a 48 per cent drop in net profit for the year to March 31, 1997.
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Bajaj declares 1:2 bonus, scrip dips
Bajaj Auto has announced bonus shares in the ratio of one share for every two shares held. The decision was taken at board meeting held on Monday.
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Bhaskarudu tipped for Maruti MD post
Maruti Udyog Ltd joint managing director RSSLN Bhaskarudu has emerged as an acceptable candidate to both the Union government and Suzuki Motor Corporation to succeed RC Bhargava as MUL managing director. RC Bhargava's term as MD, Maruti, comes to an end on August 28.
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The Group
