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Canara Bank, HSBC insurance JV kicks off
Finance Minister inaugurates operations
Power demand: need for radical approach
A mix of base load and peaking plants needs to be built
IPO outlook remains bleak
NEW DELHI: Weak investor sentiment in stock markets, easier ECB (external commercial borrowing) norms, high inflation rate and economic slowdown have made the overall outlook bleak for the IPO (initial public offering) market in ...
Adventity ties up with Fostera
CHENNAI: Adventity, a leading end-to-end knowledge and business process outsourcing company, has partnered with Fostera, a rural BPO organisation promoted by the District Administration of Tamil Nadu to set up a rural BPO in Krishnagiri. ...
McNally Bharat to step up supplies to Europe
Rs. 4,360 cr. bids at various stages of negotiations
JSW Steel to establish greenfield unit in Georgia
MUMBAI: JSW Steel on Monday said it had formed a 49:51 joint venture with U.K.-based trader to put up a greenfield facility to produce long products in the Republic of Georgia, entailing an investment of $42 million. Declined to ...
Endurance, Magneti sign MoU for shock absorbers
Sensex gains 206 points
MUMBAI: Strong global cues boosted investor sentiment on the Bombay Stock Exchange on Monday and the benchmark Sensex closed the day higher by 206 points, riding on the back of an upsurge in realty, bank and IT stocks. The 30-share ...
Barometer
Briefly
SNAPSHOTS
Vedanta Resources to sell dollar bonds
HONG KONG: India-focussed mining group Vedanta Resources is aiming to sell a benchmark-sized dollar bond offering that will be rated high-yield, according to a term sheet sent to investors on Monday. ...
SBH Managing Director assumes charge
HYDERABAD: Renu Challu assumed charge as Managing Director of State Bank of Hyderabad on Monday. Before joining State Bank of Hyderabad, she was Deputy Managing Director and Chief Executive Officer in Discount & Finance House of India, ...
Lehman Brothers to partner Unitech
MUMBAI: Unitech on Monday said Lehman Brothers Real Estate Partners will acquire a 50 per cent stake in the domestic realty firm’s project on the Western Expressway of Mumbai for $175 million (about Rs. 740 crore). The initial phase ...
Jet Airways ties up with Shell-MRPL
NEW DELHI: With the airline industry facing the brunt of high jet fuel prices, Jet Airways on Monday announced a two-year tie-up with Shell-MRPL joint venture for its supply at the new airports in Bangalore and Hyderabad. ...
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