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Debt recast plan proposed NEW DELHI, AUG. 11.An expert committee on the restructuring of the debt portfolio of the textile industry has expressed the view that about Rs.10,000 crores of the total exposure of Rs. 16,000 crores of the financial institutions to the textile ... LIC plans to launch credit card KOLKATA, AUG. 11. Life Insurance Corporation of India (LIC) is negotiating hard to launch the cheapest credit card. While active persuasion is on with Capital One of the U.S., the insurance giant has recently initiated talks with SBI Cards and ... Infosys expands Pune facility MUMBAI, AUG. 11.Having first set up base in Pune in 1981, India's topnotch IT firm, Infosys Technologies, shifted base to Bangalore. The Pune facility, however, contributing Rs. 380 crores in revenues to the company's total profits (financial ... Only marginal redemptions Alliance Capital MUMBAI, AUG. 11.Alliance Capital Asset Management Company today stated that there was only a marginal redemption of Rs. 10 crores from its equity portfolios after the Securities and Exchange Board of India indicted Samir C. Arora for flouting ... Other Stories
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