QUOTE AND NEWS
Business Standard  Nov 19  Comment 
State-owned Andhra Bank has enough capital and there was no need for government funds or follow-on public offer to meet its 20-25 per cent growth target for 2009-10 (April-March), Chairman and Managing Director RS Reddy said today.
Reuters  Nov 18  Comment 
Union Bank of India aims to raise $500 million through bonds under its medium-term note programme by March, chairman and managing director M.V. Nair said on Wednesday.
Business Standard  Nov 16  Comment 
Claiming that the Oriental Bank of Commerce (OBC) was in its expansion mode and would open at least 200 new branches every year in the next three fiscals, Chairman-cum-Managing Director of the Bank T Y Prabhu said the bank had sought capital...
Business Standard  Nov 15  Comment 
The Initial Public Offer (IPO) of Satluj Jal Vidyut Nigam Ltd (SJVN), the state-owned hydro power producer, is likely to hit the market in the next financial year.
The Economic Times  Nov 15  Comment 
A major pilots' association has charged Air India chief Arvind Jadhav with trying to provoke a strike and on that pretext declare a lockout which could make several wage agreements lapse.
Reuters  Nov 11  Comment 
State-run lender Central Bank of India expects to maintain loan growth of 20 percent in FY10, a top official said on Wednesday.
The Times of India  Nov 9  Comment 
Babus may think twice before accepting top positions like CMD or director in Air India as aviation ministry is finally paring down the exorbitant perks here to general industry levels.
Reuters  Nov 9  Comment 
Bank of Baroda's life insurance joint venture with Andhra Bank and UK's Legal and General Group PLC will start operations from December, a top official said on Monday.
Reuters  Oct 30  Comment 
First Quantum Minerals must pay Congo $6 million in damages over three failed lawsuits it filed against the government and state agencies after a mining project was cancelled, court documents showed on Friday.
Business Standard  Oct 28  Comment 
CMD Dilip Shanghvi says Sun Pharma will stay focused on the US.
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