Now IOB Is Looking For Alliances

To leverage its record for loan syndication and technology, Chennai-based Indian Overseas Bank (IOB) is thinking about a coalition with other banking institutions.

SA Bhat, chairman and managing director, said, “I have approached some banks but it is still in the formation stage. We are looking at banks with a business size of Rs 50,000-1,00,000 crore with reach in states like Gujarat and Maharashtra where we don't have that many branches.”

At Least 14 Rebels, 5 Armed Personnel Killed In Sri Lanka

Colombo: Defense functionaries stated that at least 14 associates of the Liberation Tigers of Tamil Eelam (LTTE) and five soldiers of the Sri Lankan armed forces were killed in fights in the countr

Ninestars To Invest Rs 60 Cr To Swell Operations

Chennai: Aming to swell its functioning in India as well as overseas, Ninestars Information Technologies Ltd, a content transformation and e-archival technology and services provider, has planned t

Badal Demands An Unconditional Apology From The UPA Govt.

Chandigarh: The giant Akali leader and the Punjab Chief Minister, Parkash Singh Badal has demanded a public apology from the UPA government.

Manmohan Undergoes Surgical Operation At AIIMS

New Delhi: For benign enlargement of the prostate gland, Prime Minister Dr. Manmohan Singh today went through a surgical operation at the All India Institute of Medical Sciences (AIIMS).

Sanjaya Baru, Manmohan’s Media Adviser stated that the operation took place to treat benign prostatic dysplasia of the prostate gland.

“The Prime Minister was recovering and has had a stable post operative course,” Mr. Baru added.

For the next two days, Mr. Singh will stay at hospital, and it is likely that he will go back home by Monday morning.

Pratibha Gives Away 53rd National Film Awards

New Delhi: President Pratibha Patil gave away the 53rd National Film Awards for the year 2005, and also presented far-famed film producer Shyam Benegal with the Dadasaheb Phalke Award at the dazzling ceremonial occasion.

While lecturing at the function, Patil emphasized on the uniqueness of the films, adding up that country’s rich history, traditions and background presents a strong base for the novelty and uniqueness of the Indian cinema.

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