Online edition of India's National Newspaper
Wednesday, March 26, 2008
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RIL to shut down 900 petrol pumps
Electrolux to explore new markets
Launches direct cool and frost-free refrigerators
DBS allowed to set up 8 more branches in India
Three Indian banks will be given QFB status in Singapore
ONGC identifies major fields for revival
NEW DELHI: Faced with the trend of declining production, Oil and Natural Gas Corporation (ONGC) is understood to have identified 14 of its major oil and gas fields for augmentation of production under the oil recovery schemes. Official ...
DuPont centre to function from April
SBI to issue foreign currency bonds
MUMBAI: State Bank of India on Tuesday said it would raise Rs. 6,270 crore through the issue foreign currency bonds to augment its capital and increase its lending activities. The bonds, to be issued on March 31 for a period of five years, ...
HSBC Financial ups stake in Yes Bank
NEW DELHI: Bullish on the Indian banking sector, global investor HSBC Financial Services (Middle East) Ltd. has increased its stake in Yes Bank to about 4.88 per cent ...
‘Economic growth to moderate to 7.8 p.c’
NEW DELHI: India’s economic growth rate is expected to moderate to 7.8 per cent in 2008-09, mainly on account of a global slowdown, says the Economist Intelligence Unit (EIU), an arm of London-based magazine Economist . ...
Banking hours extended
MUMBAI: Considering the expected rush of tax-payers at the end of the current fiscal, the Reserve Bank of India on Tuesday announced that working hours in specified banks would be extended on March 29 and 31. ...
Nortel bags BSNL order
NEW DELHI: The Canada-based telecommunications solution provider Nortel Networks on Tuesday bagged an order worth more than $100 million from BSNL to fuel the latter’s GSM network expansion plans. ...
Brics Securities approaches SC
NEW DELHI: Stock broker Brics Securities has moved the Supreme Court, challenging a SEBI order in which the market regulator held it guilty of breach of code of conduct while dealing in the shares of Reliance Industries. ...
Yahoo! to collaborate with Tata group
NEW YORK: Tata Group firm Computational Research Laboratories (CRL) will collaborate with internet giant Yahoo! to strengthen its research activities on cloud computing technologies Following the pact, EKA, one of the fastest supercomputers ...
Power Finance ties up with IREDA
NEW DELHI: The Power Finance Corporation on Tuesday entered into a tie-up with the Indian Renewable Energy Development Agency (IREDA) to promote renewable energy projects, including mini and hydel power plants across the country. Both of them ...
Federal Bank to open 26 new branches
NEW DELHI: Federal Bank on Tuesday announced a major expansion of its operations, including opening of 26 new branches in Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Haryana, West Bengal and Goa. Addressing a press conference here, Deputy ...
Aurobindo Pharma acquires Italian co.
HYDERABAD: Aurobindo Pharma has announced the completion of a deal of acquisition of intellectual property and marketing authorisation with TAD Italy, a registered generic company in Italy. This would give Aurobindo an access to more than 70 ...
LG Electronics’ new range of refrigerators
CHENNAI: LG Electronics has launched its new line of frost free and direct cools refrigerators. According to a release, the new line up, using state-of-the-art-technology, comes in a sleek design and new colours. It will now be available with ...
Corporation Bank declares 45 p.c. interim
MANGALORE: The board of directors of Corporation Bank, at its meeting held on Tuesday, has declared an interim dividend of 45 per cent for the current fiscal. The bank has fixed April 11, 2008 as record ...
UTI MF opens four new financial centres
CHENNAI: UTI Mutual Fund has opened four new financial centres in Jabalpur, Gurgaon, Aligarh and Bareilly. UTI Mutual Fund reaches clients through a number of distribution channels including retail distribution consisting of regional offices, ...
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