The Finance Ministry’s ambitious plan of investing Employees’ Provident Fund Organisation (EPFO) money in the stock market comes a cropper.
Thursday, March 26, 2009
Wednesday, March 11, 2009
Sodexo acquires Radhakrishna Hospitality for Rs.520 crore
French global food & facilities management company Sodexo has acquired Radhakrishna Hospitality Services Group (RKHS) to become the leading Food and Facilities Management services company in India. The deal, valued at approximately $100 million (Rs.520 crore), was formalised yesterday and informed to the Paris Stock Exchange.
Saturday, February 21, 2009
SBI offers auto loans at 10% for first year
Looks like State Bank of India (SBI) has decided to flex it’s muscles big time… After slashing home loan rates to 8% for a year, they have announced an offering of auto loans at an interest rate of 10% for the first year (presently 11.50-12%).
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