NATIONAL Allahabad bank plans to launch overseas operations Allahabad Bank plans to launch its overseas operations in 2005-2006 with a branch in Hong Kong and another in Kazakhistan in a tie-up with Punjab National Bank (PNB), its Chairman and Managing Director, O N Singh said today (March 26, 2005).
India's foreign currency reserves up by $ 1.7 bn India's foreign exchange reserves continued to surge ahead and grew by $ 1.7 billion to cross $ 142 billion mark for the week ended March 18 due to the Reserve Bank of India's (RBI) intervention in the market.
Coca-Cola to close down plant at Plachimada unit The multinational soft drink manufacturer Coca-Cola has expressed willingness to close down their bottling unit at Plachimada near Palakkad, according to information received by the Anti-Coca Cola Action Committee.
Market review: Sensex dips by 3.46 pc this week Adverse factors such as high crude oil prices, hike in US interest rates and low retail and institutional participation due to approaching fiscal yearend led to stocks meltdown on bourses sending the Sensex reeling down by 3.46 per cent during the week.
Exxon Mobil keen on stake in Reliance's gas block Exxon Mobil Corp, the world's largest publicly traded oil company, is keen on acquiring a stake in Reliance Industries' D6 Block in Krishna Godavari basin in Bay of Bengal where 14 trillion cubic feet of gas reserves have been discovered till date.
Ness Tech awarded offshore contract by Cartesis Ness Technologies, a provider of information technology solutions and services, yesterday (Mar 25, 2005) announced that it has been awarded an offshore contract by Cartesis, a leading business performance management vendor.
