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TCG to get back Indian arm
To acquire branded businesses in Egypt and West Asia

Goldman Sachs to partner ISB
HYDERABAD: The Goldman Sachs Group, world’s leading investment banking, securities and investment management company, will be providing $100 million over the next five years to help 10,000 women in developing and emerging markets with ...

Barclays offers mobile banking services
Customers can transfer funds using their GSM cell phones

Standard Chartered sells AMC in India to IDFC
The cash consideration is $205 million

Other Stories



Barometer


Briefly
Employers in U.S. slash 63,000 jobs
WASHINGTON: U.S. employers slashed jobs by 63,000 in February, the most in five years, the starkest sign yet the country is heading dangerously toward recession or is in one already. ...

Forex reserves cross $300 billion
MUMBAI: India’s foreign exchange reserves rose by $6.625 billion to a record $301.235 billion on February 29 from $294.610 billion in the previous week, the Reserve Bank of India said in its weekly statistical supplement on Friday. ...

ICICI repurchases bonds worth $50 m
MUMBAI: ICICI Bank on Friday said it had repurchased 6.625 per cent bonds worth $50 million and subsequently extinguished them. These were a part of the bonds worth $2 billion issued on October 3, 2007, from the Bahrain branch of the bank due ...

Tata Tele to sell stake in tower co.
NEW DELHI: Tata Teleservices will divest up to 49 per cent stake in its tower subsidiary Wireless Tata Telecom Infrastructure Ltd. in the next two months. The company has short-listed 15 strategic investors for selling the stake, company ...

Bear grip in commodities markets
MUMBAI: The meltdown in the equity market has now spread to the commodities markets as well with nearly 11 agri-commodities hitting the lower circuit by 3-5 per cent, following profit-booking on commodity bourses here on Friday, PTI reports ...

Nexgen Edusolutions takes over ICFe
NEW DELHI: Nexgen Edusolutions Private Limited on Friday announced the takeover of the Institute of Computer and Finance Executives (ICFe), an ISO9001:2000 certified company, focussed on training executives in the field of accounting, banking, ...

SQL Star launches e-learning portal
HYDERABAD: SQL Star, an IT education, solutions and services company, on Friday launched its e-learning portal, www.thelearningport.com . Disclosing this at a press conference ...

ING Vysya to infuse fresh capital
CHANDIGARH: ING Vysya Life Insurance on Friday said it would infuse Rs. 625 crore of capital this year in a bid to maintain solvency ratio as well as to fund its expansion projects. “We will pump in Rs. 125 crore within this month and ...

Sical flags off first private container train
CHENNAI: Sical Logistics has initiated the operations of its first container train from Hatta Road Railway station in Balaghat District, Madhya Pradesh, near the Kanha Sanctuary. The train is shipping 90 containers of copper concentrate for ...

Female professionals well equipped
CHENNAI: Less than half of female professionals in several key emerging markets believe they are better equipped to succeed in the business economy of the future, according to a report issued by the management consultant, Accenture, as part of ...

20 p.c. interim from Andhra Bank
MUMBAI: The board of Andhra Bank has declared an interim dividend of 20 per cent for 2007-08, the bank informed the Bombay Stock ...




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