| 2.5bn
$ in SBI rights issue
|
New
Delhi, Dec 1:
The Indian government will invest 100 billion rupees (USD 2.5
billion) in the rights issue of State Bank of India, to boost
the performance, valuation and rating of the country's biggest
bank, an official statement said .
|
| Fiscal
deficit at $ 20.7 bn
|
New
Delhi, Dec 1:
India`s fiscal deficit during April-Oct was 822.6 billion rupees,
data showed on Friday, equivalent to 54.5% of the annual target,
which analysts expected the government to meet.
|
| India,
EU to intensify talks for FTA by 2008-end
|
New
Delhi, Dec 1:
India and the European Union decided to put on the fast track
the negotiations on an ambitious trade and investment agreement
with the hope that the pact will be in place by the end of next
year.
|
| Maruti
Nov sales up 24%
|
New
Delhi, Dec 1:
Car market leader Maruti Suzuki India Ltd (MSIL) on Saturday
reported a 24 per cent jump in its car sales in the domestic
market during November at 65,216 units against 52,574 units
in the corresponding month last year.
|
| Aditya
Birla Group to hire 55,000 for retail ops
|
Kolkata,
Dec 1:
The Aditya Birla Group, which has recently ventured into the
organised retail turf, intends to recruit nearly 55,000 people
for its retail operations by 2010-11.
|