State-owned Coal India Limited (CIL) has paid a record dividend of Rs 1,705.42 crore to the government for the fiscal 2007-08.

Mumbai-based Renaissance Jewellery Ltd has informed that its board has approved acquisition of LJ Creations Pvt. Ltd.

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.