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Popular Articles

Inflation trebles to 4.78%
Experts see inflation at 7 % at the end of 2009-10, expect increase in CRR by December.

Delay in power line likely to affect IOCL Paradeep refinery
The construction work for the 220 KV line from Paradeep Grid sub-station of the Orissa Power Transmission Corporation Limited (OPTCL) to the proposed petroleum refinery premises of the Indian Oil Corporation Ltd. (IOCL) is yet to start.

News of the day

Bike sales vroom 32% in Nov
Led by market leader Hero Honda, two-wheeler manufacturers posted an impressive growth in sales during the month of November on the back of favourable bank lending rates and a good response to new launches. Heavy promotional campaigns and sales offers by most companies also aided demand.
Management

ICICI open to domestic acquisition

India’s largest private sector lender ICICI Bank on Sunday ruled out overseas acquisitions, but said it is open to buying local banks to increase presence and business within the country. “We are not looking at global mergers or takeover or anything. - Markets recover partially - GSS eyes Rs 500 cr turnover in FY 2011 - Sensex spooked by China, CRR hike fears, down 490 pts - Investment to drive growth; India needs $250 bn: ICICI Bank - No immediate increase in interest rates in sight: ICICI - Subhiksha stores to reopen as franchises In a way we are well established in 18 countries and we have a very large network in the 18 countries,” ICICI Bank MD and CEO Chanda Kochhar said.


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