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30 August 2011 ~ 0 Comments

Banking on corporates

Banking on corporates Although final licensing may still be some time away, there is much excitement in Dilli over the prospect of granting new banking licences. With corporate majors like Tata, Mahindra & Mahindra, AV Birla and L&T among those publicly hopeful of entering the banking sector, the suspense is naturally high. Industrial houses have [...]

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29 August 2011 ~ 0 Comments

Performance pain

Performance pain Wonder how this will sit with the Finance Minister’s revived austerity drive. Mounting government expenditure has have made Pranab-da issue a circular on austerity to be observed by Central government ministries, a throwback to the situation in 2008-09. But it’s not clear whether the austerity drive will now put a stop to performance [...]

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