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Tuesday, March 03, 2009
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Largest Indian corporate merger
Boards approve Reliance Industries, Reliance Petroleum merger
Exports dip for fourth consecutive month
Imports drop for the first time in the current fiscal
Sensex plunges 285 points
Bank shares are the worst-hit on heavy sell-off
SBI raises FCNR (B) and NRE rates
MUMBAI: State Bank of India has raised interest rates on deposits of non-residents, with effect from March 1. On FCNR (B) dollar-denominated deposits for one year to less than two years, the rate has been increased to 3.12 per cent from 2.98 ...
Punjab & Sind Bank pact with Maruti
NEW DELHI: Punjab & Sind Bank on Monday tied up with Maruti Suzuki India td. to offer retail finance facilities for car buyers. Through the arrangement, the bank would focus attention on rural and semi-urban areas in Punjab, Haryana, Jammu ...
SBI Life launches Smart ULIP
CHENNAI: SBI Life Insurance Company has announced the launch of unit linked product, Smart ULIP. According to a release, the product provides NAV guarantee of the highest of 168 fortnightly NAVs during the first seven years or NAV at maturity, ...
Jain Irrigation’s preferential allotment to IFC
MUMBAI: Jain Irrigation has approved the allotment of up to two-million equity shares of Rs. 10 each to the U.S. -based International Finance Corporation on a preferential basis. The price will be arrived at on the basis of SEBI (DIP) ...
Piramal Health acquires Minrad International
MUMBAI: Piramal Healthcare has acquired Minrad International of the U.S. The stock holders of Minrad have approved the merger at a special meeting held on February 27, says a release. As a result of the acquisition, Minrad’s share will ...
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