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PNB to open 100,000 biometric ATMs by 2013
The country’s second-largest public sector lender, Punjab National Bank (PNB), has bet big on rural customers in the Indo-Gangetic plains of Uttar Pradesh and Bihar. Keeping in sync with its target, the bank unveiled its plans to open 100,000 biometric Automated Teller Machines (ATMs) in rural areas by the year 2013 for providing easy access to the illiterate and semi-literate customers.

Idea Cellular net drops 22.5%
Idea Cellular today said that its consolidated net profit dropped 22.5 per cent to Rs 170 crore during the quarter ended December 31, 2009, as against Rs 219 crore in the third quarter of the last financial year.

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ONGC, partners to invest $10 bn in Iran
Oil and Natural Gas Corp (ONGC) and its partners will invest about $10 billion in two giant gas fields and an LNG project in Iran, Iranian Deputy Oil Minister Seifollah Jashnsaz said.
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Mahindra to launch mini truck Maxximo at Auto Expo

Auto major Mahindra & Mahindra today said it will launch its mini truck Maxximo-- the first product from its new facility in Chakan -- at the Auto Expo here during January 5-11. - India Inc looks within for merger & acquisitions - India Inc partners PE funds for acquisitions - IPO saga: Promoters garner Rs 20k cr; public gets Rs 20 cr - Unity Infra up 3 per cent - Rollovers to January series substantially lower - Auto component firms eye "offset" bonanza Besides, the company will also showcase its entire range of products, including two-wheelers, utility vehicles, light commercial vehicles and trucks at the fair. "Mahindra will unveil its next generation mini truck, named Maxximo at the Auto Expo 2010, the first product to be rolled out of Mahindra"s new Chakan plant. Maxximo has been developed and designed on the basis of extensive customer feedback," Mahindra & Mahindra President (Automotive Sector) Pawan Goenka said in a statement. "Technology is the abiding theme of the Mahindra pavilion at the Auto Expo 2010. Mahindra"s fuel-efficient vehicles and state-of-the-art technologies will undoubtedly appeal to the international audience at the Expo," it added.


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