Mumbai-based Mercator Lines, country's second largest private shipping firm by fleet size, has sketched Rs 4,000-crore expansion plan in the domestic and international markets.

For the financial year 2007-08, Gruh Finance has announced a dividend of Rs 4 per share on equity shares of Rs 10 each.

Astra Microwave Products has made announcement that it has allotted 26,400 equity shares to selected employees on the exercise of vested options allowed to them under ESOP scheme - 2005 of the comp

B.A.G Films and Media Ltd has nominated Ashish Kaul as the group’s new chief operating officer (COO).

In his new role, Mr. Kaul will be working closely with the B.A.G chairman and managing director Anurradha Prasad and the core group of the company.

He will work on discovering business vision strategy, build organisation competence and plan to attain long term and short term aims of the company.

Anurradha Prasad said, “We are pleased to announce the appointment of Ashish Kaul at BAG Films & Media Ltd. With him on board, we believe his contribution would help achieve the many milestones the company has set for itself.”