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FINANCIAL PERFORMANCE
New India Assurance net up 104%
New India Assurance has posted a 103.79 per cent growth in net profit at Rs 1,459.95 crore for the year ended March 31, 2007 compared withRs 716.38 crore in the previous year due to reduction in underwriting and increase in investment income. ... More

CREDIT CARDS & DEBIT CARDS
SBI eyes more fee income from credit card purchases
To cash in on retail boom with terminals in towns More

MERGERS & ACQUISITIONS
26% stake: IFCI may induct investors by Jan
New Delhi, Aug. 4 IFCI Ltd expects to complete the process of induction of a strategic investor with a 26 per cent stake in the company by end-January next year, its Chief Executive Officer and Managing Director, Mr Atul Kumar Rai, has ... More

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