UBI (United Bank of India) is all set to bring its maiden IPO by February 2010. Satish C Gupta, the managing director and Chairman at UBI informed that the company is to file the red [...]
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Subscription from Banks was refused by two fund houses, despite the banks being large investors in them. Senior officials from banks have said that they are finding it increasingly difficult to keep their money in [...]
Sugarcane industry is confronting serious troubles in relation to the ‘dipping supplies’. 118 out of 143 sugar mills have already been driven out of business. An official from Sugar Commissionerate informed that nearly 85% of [...]
Mr. OP Bhatt, the chairman of SBI (State Bank of India), the largest banking institution of the country told that it looking to raise anywhere between Rs.60,000cr-Rs.70,000cr in the coming five years. A fraction of [...]
The Reserve Bank of India (RBI) today slashed the short-term lending and borrowing rates by 25 basis points and gave some relief to the loan borrowers. According to its annual credit policy for the year [...]
ISRO today with the successful launch of its 14th rocket Polar Satellite Launch Vehicle (PSLV) (a satellite for earth observation) and micro education satellite ANUSAT has added another chapter to the Indian space research mission. [...]
Narayan Murthy, the co-founder and now the chief mentor at Infosys, together with his wife Sudha Murthy have decided to give a fraction of their wealth to those engaged in three sectors, which are basic [...]
Sujit Banerjee, the tourism secretary said that the government has approved 28 infrastructure projects (that are being developed for giving tourism sector a thrust) for granting those ‘infrastructure status’. Banerjee told that these assignments will [...]
