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India's Geojit Financial ups fiscal 2017-2018 dividend

India-based Geojit Financial Services Ltd. plans to pay a higher dividend for the fiscal year ended March 31.

The company said May 16 that its board proposed a dividend of 2 rupees per share, up from 1.25 rupees per share for the prior fiscal year.

As of May 16, US$1 was equivalent to 67.79 Indian rupees.