Businesstracker

Unitech shareholders reject dividend payment

In an unusual development, the shareholders of realty major Unitech Ltd today rejected a management proposal for payment of dividend totalling about Rs 30 crore for the fiscal 2010-11.

Royal Enfield launches two limited edition leisure bikes

The bikes, Classic Chrome and Desert Storm would be available at select brand stores and dealerships across the country.

Vodafone defends 3G roaming agreements with others

Leading telecom operator Vodafone has defended its roaming agreements with other players for 3G mobile services in circles where it did not have licence, saying this was as per the licence.