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Sunday, November 28, 2004

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SBI hikes home loan, term deposit rates
STATE Bank of India has finally yielded to interest rate pressures and raised rates on domestic term deposits and home loans by 0.25 to 0.50 percentage points. The revised rate will come into effect from November ... More

Ambani brothers seeking legal opinion
THE Ambani brothers are seeking legal opinion before taking the next step on their differences about ownership and management of Reliance group of companies. Mr Cyril Shroff of Amarchand & Mangaldas & Suresh A. Shroff & Co, is advising M More

Mukesh, Anil attend function
FOR the first time since the family feud over "private, ownership issues" of the Reliance group spilled over into the public domain, the Ambani brothers on Saturday shared the same roof at a corporate awards function held in Mumbai. Mr Mukesh ... More

Virgin keen to invest in airlines, telecom
WHEN someone as colourful as the Chairman of the Virgin group, Sir Richard Branson, comes visiting there is bound to be some fun and games. But unlike the previous official visit in 2000 when the flavour was all Indian what with Mr Branson ... More

India can lead in `inclusive globalisation', says ILO chief
INDIA can lead the world in finding a way forward to `inclusive globalisation' and balanced nation development. This can be achieved only by connecting the globalised part of the economy and society to the villages and townships where the masses ... More

Bank credit up Rs 7,241 cr
GROSS bank credit in the system has increased by Rs 7,241 crore to Rs 9,95,517 crore as on the fortnight ended November 12, as per the latest Reserve Bank of India statistics. This is inclusive of food credit, which grew by Rs 1,516 crore to ... More

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