INTERNATIONAL India extends $ 10 mn line of credit to Cambodia Phnom Penh: India on November 6 extended a $ 10 million line of credit to Cambodia and signed three agreements with the South East Asian country to enhance trade, establish co-operation in technical education and carry out maintenance of the 1,000-year-old Tam Pram Temple.
NATIONAL State finances panel discusses debt swap with RBI New Delhi: As a follow up to the Chief Ministers meeting with Prime Minister Atal Behari Vajpayee in October, the high-powered committee on state finances on November 6 met Reserve Bank of India (RBI) Governor Bimal Jalan to discuss the issues of swapping high cost loans with lower interest bearing loans.
BSNL cuts night time Internet charges by 50 pc New Delhi: Bharat Sanchar Nigam Ltd (BSNL) on November 6 announced a 50 per cent reduction in night time dial-up access charges for Internet connectivity and said that the new charges would be applicable from November 7.
IA toes Jet Airways line, hikes fare by 10 per cent New Delhi: Indian Airlines on November 6 followed its private competitor Jet Airways in announcing a 10 per cent across-the-board hike in fares from November 10 throughout its network in an effort to offset the hike in aviation turbine fuel (ATF) prices and airport user charges.
SBI to hold housing 'loan mela' at Salem on Nov 9 Salem: Ten branches of the State Bank of India in Salem district will participate in a "loan mela" at Salem on November 9 and 10, whereby people could avail of money for construction and renovation of buildings.
NABARD may slash lending rates, re-schedule loans New Delhi: In line with Reserve Bank of India's (RBI's) rate cut, National Bank for Agriculture and Rural Development (NABARD) is likely to slash lending rates and has issued direction to banks and co-operatives to re-schedule loans of drought-hit farmers amounting to about Rs 7,000 crore.
Naik urged to review divestment of Balmer Lawrie Kolkata: West Bengal Industry Minister Nirupom Sen has urged the Union Minister for Petroleum and Natural Gas Ram Naik to review the entire disinvestments process of Balmer Lawrie & Company Limited.
Mfund/Dealing goes into live production at UTI Bangalore: Datacons' Mfund/Dealing, the investment industry front-office product, has gone into live production at Unit Trust of India. Having already serviced UTI's back-office needs, Datacons has delivered a true end-to-end solution addressing UTI's investment activities, according to an official press release.
Forbes 2002 lists Cognizant as top tech company Bangalore: Cognizant Technology Solutions Corporation, a leading application management and e-business solutions provider, on November 6 announced that it has been picked as the top technology company in the Forbes 2002 list of best small companies in America, according to a press release.
Bulls Eye Media ties up with Leavitt Communications Bangalore: Bulls Eye Media, a Bangalore-based full–fledged advertising and public relations company, and California-based Leavitt Communications have formed a strategic alliance that will facilitate serving their clientele in South Asia and United States, according to a press release.
400 delegates to attend Mega Brand Summit in Kochi Kochi: Around 400 delegates are expected to attend a three-day "Mega Brand Summit", organised by the publishers of 'Dhanam', a financial fortnightly and 'Rubber Asia', largest circulated international magazine on rubber in Asia, from December 12 to 14 in Kochi.
