Popular Articles

IT firms embrace safety measures for staff
With the political crisis over the Centre’s announcement of creating a separate Telangana state casting its effect on the state capital, two business process outsourcing (BPO) companies have moved their employees to nearby hotels, even as other information technology (IT) companies have beefed security.

Industry favours GST, but opposes dual mode
Indian industry is of the view that the proposed Goods and Services Tax (GST) will be beneficial for the economy, but the deadline of April 1, 2010, is not realistic, a leading consulting firm said in its survey.

News of the day

Bank of Baroda FY09 net up 54% at Rs 2,384 cr
Public sector Bank of Baroda (BoB) today said its consolidated net profit jumped 54 per cent to Rs 2,384.08 crore in the financial year ended March 31.
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Gati to raise Rs 78.91cr via warrants issue

Courier service provider Gati today said it will raise Rs 78.91 crore by issue of warrants to different promoters and the Infrastructure Fund of India LLC. The company board has approved to allot a total of 1,16,73,818 warrants aggregating to Rs 78.91 crore, Gati said in a filing to the Bombay Stock Exchange. The proposals are subjected to shareholders approval, it added. Shares of Gati today closed at Rs 60.50 on the BSE, up 2.72 per cent from previous close.


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