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NATIONAL
SBI cuts SSI, small biz & agriculture loan rates
Mumbai: State Bank of India (SBI) has reduced interest rates by 0.25 to one per cent for small-scale industries (SSI), small businesses and agriculture.

'Indian call centres must become value centres'
Bangalore: Indian contact centres must move from being cost centres of overseas firms to value centres by building lasting partnerships, industry experts said today (Nov 11).

Sharp rise in cement, PSU shares; Sensex up 32 pts
Mumbai: A sharp rally in cement and select public sector undertakings (PSUs) shares helped the Sensex to rise further sharply today (Nov 11) at the Bombay Stock Exchange (BSE) and after crossing the 5,000-mark, closed at 5,030.65, showing a smart rise of 32.07 points over the previous close of 4,998.57.

Hughes Soft completes acquisition of Tenet Tech
Mumbai: Global software outsourcing major Hughes Software Systems Ltd has completed the acquisition of Tenet Technologies Pvt Ltd, pursuant to receipt of regulatory approvals.

INTERNATIONAL
'Task force on Rupee-Rouble debt funds being set up'
Moscow: In a bid to accord a fresh impetus to Indo-Russian business, Prime Minister Atal Bihari Vajpayee has said a task force is being set up to work out modalities of utilising the remainder of Rupee-Rouble debt funds for investments in both countries.