Ravanan

IT firm Mindtree has received its shareholders' approval to issue bonus shares of Rs 10 each, credited as fully paid to existing holders of equity shares in the company.

The board also elected Rostow Ravanan as an executive director in addition to his role as the CFO, the company said in a statement. Ravanan co-founded Mindtree in 1999.

The goan outfit's defeat also paved a smooth passage for Indonesian champions Semen Padang to the last 16 of the continental club championship.

On a full-year basis, the company's net profit stood at Rs 218.5 crore as against Rs 101.6 crore in 2010-11.

A district court today dismissed the petition filed by Ravanan, a close relative of Sasikala, the estranged aide of AIADMK supremo Jayalalithaa, seeking bail in a case of alleged cheating of a contractor to the tune of Rs 10 lakh.

Ravanan, an arrested relative of Sasikala, estranged aide of Tamil Nadu Chief Minister Jayalalithaa, was today taken to Chennai for interrogation in connection a cheating case, police said.

A day after he was arrested for charges including abduction and extortion, a case of criminal intimidation and cheating has been slapped today against Ravanan, a relative of Chief Minister Jayalalithaa's estranged aide Sasikala.

IT firm Mindtree has received its shareholders' approval to issue bonus shares of Rs 10 each, credited as fully paid to existing holders of equity shares in the company.

The board also elected Rostow Ravanan as an executive director in addition to his role as the CFO, the company said in a statement. Ravanan co-founded Mindtree in 1999.

The goan outfit's defeat also paved a smooth passage for Indonesian champions Semen Padang to the last 16 of the continental club championship.

On a full-year basis, the company's net profit stood at Rs 218.5 crore as against Rs 101.6 crore in 2010-11.

A district court today dismissed the petition filed by Ravanan, a close relative of Sasikala, the estranged aide of AIADMK supremo Jayalalithaa, seeking bail in a case of alleged cheating of a contractor to the tune of Rs 10 lakh.

Ravanan, an arrested relative of Sasikala, estranged aide of Tamil Nadu Chief Minister Jayalalithaa, was today taken to Chennai for interrogation in connection a cheating case, police said.

A day after he was arrested for charges including abduction and extortion, a case of criminal intimidation and cheating has been slapped today against Ravanan, a relative of Chief Minister Jayalalithaa's estranged aide Sasikala.