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OIL pays Rs 168 crore to government

New Delhi, Oct 18 (UNI) The Oil India Limited (OIL) has paid an amount of Rs 168 crore to the Centre as the final tranche of dividend at 80 per cent for the financial year 2005-2006.

The company had earlier paid first interim dividend at 110 per cent amounting to Rs 231 crore and a second interim dividend of 75 per cent amounting to Rs 157.5 crore during the year.

The total dividend paid to the Government of India for the year 2005-2006 amounts to Rs 556.5 crore being 265 per cent of the paid up capital of Rs 210 crore held by the President of India.

The cheque was handed over to Minister of Petroleum and Natural Gas Murli Deora by OIL Chairman and Managing Director M R Pasrija.

The company had paid a total dividend at 160 per cent amounting to Rs 336 crore to the Government of India for the year 2004-2005.

UNI RT PV DS1350

ICC denies to change venue of Champions Trophy final

Mumbai, Oct 18 (UNI) The International Cricket Council (ICC) today affirmed that it had no plans to shift the venue of the final of Champions Trophy slated to be held at the Barbourne stadium here on November 5. Brian Murgatroyd, ICC Manager- Media and Communications told reporters here that the ICC has no plans of shifting the venue of the final, following the criticism of the pitch by some teams. When pointed out that the.....

Sanofi bird flu vaccine may offer wider protection

PARIS, Oct 18 (Reuters) French drug maker Sanofi-Aventis said today tests on its experimental H5N1 bird flu vaccine show it offers protection against more strains of the virus than initially thought. ''These encouraging results show the capacity of a pre-pandemic vaccine to offer broad protection by inducing the formation of antibodies capable of neutralising the most recent strains of the H5N1 virus,'' Sanofi said in a statement before a bird flu conference in.....

Malaysia frees 11 held for suspected militant ties

PUTRAJAYA, Malaysia, Oct 18 (Reuters) The son of Malaysia's Islamist opposition leader was among a group of 11 people freed today after being held without trial under the country's tough internal security laws over suspected ties to militants. School teacher Nik Adli Nik Aziz, the son of the spiritual leader of the Parti Islam se-Malaysia (PAS), had been held for more than five years for suspected involvement with an Islamic militant group called.....
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