Madhu Koda walks out of jail after 44 months

Madhu-KodaRanchi, July 31 : Jharkhand's former chief minister Madhu Koda walked out from jail Wednesday on bail in corruption cases after 44 months and said he would prove his innocence.

He told reporters: "I will prove my innocence."

Jharkhand High Court Tuesday granted bail to Koda in the Rajiv Gandhi rural electrification scam. This was the fifth case in which he was granted bail.

Cholamandalam Investment net up by 30 percent

CholamandalamChennai, July 31 : Cholamandalam Investment and Financ

ICICI Bank Q1 net up 25 percent

ICICI-BankMumbai, July 31 : ICICI Bank's net profit increased 25 percent for the first quarter (Ap

MNS threatens to derail 'Chennai Express'

chennai-expressMumbai, July 31 : The Maharashtra Navnirman Sena (MNS) Wednesday threaten

Won't date anyone from film industry: Sonam Kapoor

Sonam-KapoorMumbai, July 31 : Young and bubbly actress Sonam Kapoor, who was romantically linked with her "I Hate Luv Storys" director Punit Malhotra in the past, says she will not date anyone from the film industry as she believes all the good ones here are already taken.

"I won't date anyone from the industry, honestly. Industry guys are amazing, but the good ones are taken," Sonam said here.

"I have learnt that work and pleasure should be separate," added the actress, who was present at the cover launch of Stardust magazine, featuring her and her "I Hate Luv Storys" co-star Imran Khan.

Shriram City Union Finance to raise Rs.1,000 crore

Shriram-CityChennai, July 31 : Non-banking finance company (NBFC) Shriram City Union Finance plans to raise around Rs. 1,000 crore issuing debentures and through other debt this fiscal to achieve a growth of around 25-30 percent over the next couple of years, a top company official said Wednesday.

"The fund raising is expected to happen sometime this year to support the company's target. The company will continue to grow its non-corporate book size in a focused manner," G. S. Sundararajan, managing director, told reporters here.

Going by the growth plans, the company would need around Rs. 2,500 crore for the next 2 to 3 years.

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