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Popular Articles

ICICI Bank says no material exposure to Dubai
Amid fears of a debt crisis in Dubai, ICICI Bank today said it does not have any significant exposure to Dubai corporates.

HSBC H1 profit plummets 57% at $3.35 bn
British financial services major HSBC Holdings Plc has reported a 57 per cent plunge in profit at $3.35 billion in the first half of 2009, hit by the ballooning loan impairment charges in many markets including India.

News of the day

Banking stocks at 52-week high on hopes of credit growth
The banking stocks continue to rule high on the back of stimulus measures by the Reserve Bank of India that helped revival of economic growth and attraction of foreign funds. Key economic data like the recent Index of Industrial Production (IIP) indicated likely swift recovery of the economy. Factory output at 10.4% in August registered the highest growth rate in 22 months.
Management

Tata Motor begins distribution of Prima World Trucks

Tata Motors has started distribution of its Prima range of World Trucks, unveiled in May. The first product, the Prima 4028 S, is a 40-tonne 266-PS (Cummins ISBE engine) tractor with a 9-speed ZF transmission, a matching trailer with new generation brakes, ABS and specialised axles for heavy-duty and high-speed application. The tractor’s air-conditioned cabin includes reclining seats, adjustable steering wheels and arm rests for driver comfort. It has got sleepers to facilitate long-distance travel.


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