http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Mon, 06 Jul 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Trade & Labour Unions http://www.thehindubusinessline.com/2009/07/06/stories/2009070651071000.htm Employees of IDBI Bank, under the banner of the United Forum of Employees and Officers of IDBI Bank, will go on a one-day strike on July 15 to protest the introduction of 30 per cent variable component in their salary package and the Mon, 06 Jul 2009 Public Sector Banks http://www.thehindubusinessline.com/2009/07/06/stories/2009070651041000.htm Chennai, July 5 Indian Overseas Bank expects to grow by 20 per cent during the current financial year to surpass a total business volume of Rs 2 lakh crore, provided the monsoons are on time and are Mon, 06 Jul 2009 Financial Institutions http://www.thehindubusinessline.com/2009/07/06/stories/2009070651640300.htm New Delhi, July 5 Infrastructure financing company India Infrastructure Finance Company Ltd’s (IIFCL) loan disbursements to infrastructure sector have more than doubled in fiscal 2008-09 to Rs 3,197 crore. It was about Rs 1,541 crore in Mon, 06 Jul 2009 Debt Market http://www.thehindubusinessline.com/2009/07/06/stories/2009070651091000.htm Bonds rallied and yields softened as banks and financial institutions extended their purchases ahead of the Mon, 06 Jul 2009 Interview http://www.thehindubusinessline.com/2009/07/06/stories/2009070651081000.htm Mumbai, July 5 Life Insurance Corporation is a major institutional investor in equity, corporate bonds and Government securities. This year the corporation has investible funds of over Rs 1.75 lakh crore. Mr Thomas Mathew, Managing Director, Mon, 06 Jul 2009 General Insurance http://www.thehindubusinessline.com/2009/07/06/stories/2009070651031000.htm The general insurance industry is hoping to see an increase in the limit of premium eligible for service tax exemption, a lower tax on capital gains and bringing on par with life insurers the method of computing income tax. These are the demands put Mon, 06 Jul 2009 Public Sector Banks http://www.thehindubusinessline.com/2009/07/06/stories/2009070650601306.htm Mon, 06 Jul 2009