Business Daily from THE HINDU group of publications Tuesday, December 09, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
MONEY & BANKING CORPORATE BONDS: LIC to invest Rs 31,000 cr in equities, corporate bonds Another Rs 18,000-cr investment in G-Secs planned. Mumbai, Dec. 8 Life Insurance Corporation of India (LIC) would invest Rs 31,000 crore in equities and corporate bonds in the next four ... CREDIT MARKET: Union Bank, HDFC Bank cut lending rates Deposit rates left unchanged for the time being. Mumbai, Dec. 8 The 100 basis points cut in short-term rates announced by the Reserve Bank of India, as part of its ‘Growth stimulus’ package, last week is beginning to have the ... FIXED DEPOSITS: Retail deposits continue to pour into banks Bangalore, Dec 8 Public sector banks have begun losing their appetite for bulk deposits as flow of retail deposits ... SOFTWARE: ‘Financial sector IT spend may be down up to 20%’ No clarity yet on other sectors, says Cognizant. Bangalore, Dec. 8 Cognizant Technology Solutions said though clients have clearly delayed their budget cycles, the first industry to get serious about their technology budgets is the financial ... LIFE INSURANCE: New LIC plan offers guaranteed returns Mumbai, Dec. 8 Life Insurance Corporation of India is planning to garner Rs 25,000 crore through its new ‘single premium’ endowment product offering ‘Jeevan ... PUBLIC SECTOR BANKS: IOB to take a call on lending rates next week Signs distribution pact with Universal Sompo. Chennai, Dec.8 Indian Overseas Bank expects to take a call on altering its lending rates next ... LIFE INSURANCE: SBI Life, Bajaj Capital tie-up SBI Life Insurance has entered into a broking tie-up with Bajaj Capital Insurance Broking Ltd. This alliance would help SBI Life to distribute its products through Bajaj Capital’s pan India network of investment centres. “The tie-up ... CONSUMER FINANCE: Toyota Kirloskar plans vehicle financing arm Hyderabad, Dec. 8 Toyota Kirloskar Motor Pvt Ltd plans to set up a vehicle finance arm to boost sagging sales as banks cut down ... SHORT TERM INSTRUMENTS: Call rates close lower ... CONSUMER FINANCE: AEGON Religare unveils new plan Mumbai, Dec.8 AEGON Religare Life Insurance has launched a single premium guaranteed return plan with the benefit of ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |