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Saturday, February 13, 2010
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Financial crisis dents credibility of central banks
‘Responsibility for financial stability has to be shared by all’
Surge in industrial output
NEW DELHI: In yet another surprisingly better-than-expected show, as in the case of the 7.9 per cent GDP (gross domestic product) growth in the second quarter this fiscal, industrial growth soared to 16.8 per cent in December 2009 as against a ...
Benz eyes Tier-II cities
RBI introduces new category of NBFCs
MUMBAI: The Reserve Bank of India (RBI) on Friday issued a notification introducing a new category of Non-Banking Finance Companies (NBFCs) as “Infrastructure Finance Companies (IFCs)”. The existing categories of NBFCs are Asset ...
Korean steel major Posco checks out West Bengal
Resistance by landlosers clouding the company’s Orissa project
Tata Tele ties up with Future group
NEW DELHI: Tata Teleservices Limited (TTSL) on Friday entered into a strategic partnership with retail major Future Group to offer mobile telephony services on the GSM platform. Starting with the telecom circles in South India, TTSL ...
PC sales remain flat
Peerless commences MF business
MUMBAI: Peerless Funds Management Co. Ltd (PFMCL) on Friday said it had commenced its mutual fund operations and hopes to break-even in the next 4-5 years. “We have received SEBI approval for two retail products. At present, there are ...
PNB to finance Bajaj commercial vehicles
CHENNAI: Punjab National Bank (PNB) has entered into a memorandum of understanding with Bajaj Auto for financing commercial vehicles manufactured by the latter. Under the arrangement, PNB in association with dealer of Bajaj Auto, Khivraj ...
Syntel Q4 net income up
CHENNAI: Syntel has reported a net income of Rs. 167 crore for the quarter ended December 31, 2009, against Rs. 125 crore in the corresponding quarter in the previous year. The revenue has increased by 12 per cent to Rs. 549 crore from Rs. ...
Reliance Communications offer in Tamil Nadu
CHENNAI: Reliance Communications has introduced an offer on the wireless landline Hello. With Simply Reliance, there will be one single flat rate for all local and STD calls anytime anywhere in India without any conditions or restrictions. The ...
PwC India Chairman joins MAS council
NEW DELHI: Monetary Authority of Singapore (MAS) has appointed PwC India Chairman Gautam Banerjee to its Corporate Governance council for a two year term starting from February. The council headed by Singapore Press Holdings CEO Alan Chan, ...
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