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Syndicate Bank pays dividend

NEW DELHI MARCH 31 . Syndicate Bank, one of the premier nationalised banks of the country, today declared an interim dividend of six per cent for the financial year 2004-05.

According to a Syndicate Bank release, an amount of Rs.20,81,80,969 was paid by the bank as interim dividend to the Government. The Chairman and Managing Director of the Bank, N. Kanthakumar, handed over the cheque for the same amount to the Union Minister of Finance, P. Chidambaram, today in the Capital.

The Joint Secretary and Financial Advisor to Ministry of Finance, Deena Dayalan, was also present on the occasion.

Donation for tsunami victims

NEW DELHI MARCH 31. The employees of BSES have contributed a day's basic salary towards the Prime Minister's National Relief Fund for the relief and rehabilitation of the tsunami victims.

The Chief Executive Officer of BSES, Rakesh Aggarwal, and the General Secretary of the Delhi State Electricity Workers' Union, Hira Lal Sharma, handed over a cheque for Rs.25 lakhs to the Union Minister for Power, P.M. Sayeed, here on Monday.

Speaking on the occasion, Mr. Sayeed commended the collective effort of the BSES employees and urged other corporate bodies to also donate generously for the tsunami victims.

Jewellery exhibition

NEW DELHI MARCH 31 . A four-day jewellery exhibition titled "The Zak Jewels 2005" will begin at Pragati Maidan here in the Capital from April 1.

Organised by the Zak Trade Fairs and Exhibitions Private Limited, "The Zak Jewels 2005" will highlight some of the most exquisite bridal and festival creations in diamonds, platinum, gold, silver, gems and pearls.

Displaying jewellery created in both traditional and contemporary styles, the exhibition will witness participation of over 50 leading jewellers from across the country.

The Managing Director of Zak Trade Fairs and Exhibitions, Syed Zakir Ahmed, said: "The exhibition will be an ideal occasion for the visitors and the retailers to see and buy the latest innovative Indian designs."

STB's new office opened

NEW DELHI MARCH 31. The Singapore Tourism Board (STB) opened its New Delhi Regional Office yesterday as part of its continuing worldwide efforts to strengthen its marketing position as a destination of choice for business and leisure travellers in the Asia Pacific.

The New Delhi Regional Office is the STB's 21st worldwide and third in India, and attests to the rising significance of the Indian market to Singapore's tourism industry. As a demonstration of the STB's commitment to the growth potential of India, the New Delhi office will complement its two incumbent offices in Mumbai and Chennai.

The STB's Deputy Chairman and Chief Executive, Mr. Lim Neo Chian, said: "In 2004, Singapore welcomed a record high of 471,000 Indian visitors, making it our 6th largest visitor-generating market. This represents a 25 per cent growth over the previous record of 375,000 Indian visitors we achieved in 2002. In tandem with the buoyant growth forecast of the Indian economy, we are confident that India will continue to be amongst Singapore's fastest growth markets."

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