Financial Daily from THE HINDU group of publications
Thursday, July 28, 2005
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Financial Daily from THE HINDU group of publications Thursday, July 28, 2005 |
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MONEY & BANKING FINANCIAL PERFORMANCE 
Heavy provisions, loss on investments sale — Andhra Bank Q1 net falls to Rs 85 croreDESPITE an increase of 21.69 per cent in total business, Andhra Bank has suffered a significant fall in net profit for the first quarter of the current fiscal ended June 30, 2005, at Rs 85.16 crore from Rs 150.16 crore in the corresponding ... More
SBM net dips to Rs 47 cr CONSULTING Exim Bank outfit breaks into full-fledged services in Iran GLOBAL Procurement Consultants Ltd (GPCL), a private sector company promoted by Exim Bank in association with leading public and private sector consultancy organisations and other companies, has broken into the area of full-fledged "Procurement ... More LIFE INSURANCE Exide to buy GMR stake in ING Vysya for Rs 203 cr GMR Industries Ltd will divest 49.13 per cent of its stake held in ING Vysya Life Insurance Company Pvt Ltd (IVL), in favour of the Raheja group-owned Exide Industries Ltd. The board of directors of GMR Industries Ltd at its meeting held on ... More
Only an investment for us, says Exide GENERAL INSURANCE Royal Sundaram software for marine insurance ROYAL Sundaram Alliance Insurance Company has launched marine insurance software called `Sea Drive', a Web-based application that enables customers and intermediaries of the company to generate policies online. This software will enable the ... More
Truckers move Ministry on motor cover premium hike
Mumbai deluge may drain insurers on motor portfolio PUBLIC SECTOR BANKS Banks in Maharashtra to remain closed today also BANKS will remain closed in the rain-hit Maharashtra for the second day on Thursday as the State government declared holidays on Wednesday and Thursday under the Negotiable Instruments Act. Consequently, there will be no transactions and ... More
IOB gets nod for office in China
State Bank of Mysore introduces new single window system
Insurance cover for IOB depositors
Bank of Maharashtra targets Rs 48,000-cr business
Canara Bank opens ATM NON-PERFORMING ASSETS An honourable man repays his debt Mohan R. Lavi on a recent decision that frowned upon technical objections to repayment More CREDIT CARDS & DEBIT CARDS 
LG, SBI tie up for co-branded cardSBI Card and consumer electronics firm LG Electronics India today announced the launch of the LG-SBI Card. The LG-SBI Card is the country's first co-branded credit card for the consumer appliances industry and can be used at more than 2 lakh ... More MERGERS & ACQUISITIONS Bank of Maharashtra may hike stake in Global Trade Finance GLOBAL Trade Finance, the four-way partnership between Exim Bank, Bank of Maharashtra, Bank of Malta and International Finance Corporation, may see a change in its equity sharing pattern if a proposal being discussed informally is carried ... More EVENTS `Bankers must get updated on Basel II' THE Chairman and Managing Director of Corporation Bank, Mr V.K. Chopra, has advised the bankers to update their knowledge in respect of Basel II and develop necessary skills in risk management. Inaugurating a seminar on `WTO and Basel II', ... More IPOS IL&FS Investsmart lists at 45 pc premium IL&FS Investsmart India, a financial services company, today listed on stock exchanges at a premium of more than 45 per cent on the issue price of Rs 125. On the NSE, the stock closed at Rs 183, up 46.56 per cent on the issue price with a ... More PEOPLE Dhanalakshmi Bank MD resigns THE Managing Director of Dhanalakshmi Bank, Mr T.R. Madhavan, has resigned, sources in the bank's Director Board said. Mr Madhavan had taken charge as the Managing Director and CEO of the Thrissur-based bank on February 23, 2004. Earlier, he ... More TRENDS It's raining trouble for ATM users IF you had a problem taking money out from an SBI ATM in Kerala or Andhra Pradesh, for instance, blame it on the rains in Maharashtra. The downpour on Tuesday seems to have taken its toll on bank customers not just in Maharashtra, but in other ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jul. 17-Jul. 23 Unravelling the outsourcing puzzle CDs popular with pvt banks 12.7 pc priority sector loans are NPAs: Economic Survey Yuan revaluation: IT companies see no major impact Yuan effect: Rupee may strengthen Financial sector reforms no help to real economy Sugar mills get Nabard package on debt Metal sector may benefit from yuan revaluation Insurers free to load motor premiums — Truck owners to contest IRDA stand Yuan change: No major benefit seen for textile exporters India largest recipient of World Bank aid Individual, unit-linked policies steal show — Pvt life insurers' new biz up 129 pc Forex reserves fall $544 m |
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