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CanBank aims to up home loan portfolio
Bangalore-based public sector lender, Canara Bank, is aiming to double its home loan portfolio to around Rs 17,500 crore by December 2010. The bank’s home loan portfolio stands at Rs 8,464 crore, little over 5 per cent of the total advances, as of December 2009, the bank’s executive director K L Jagadish Pai said.

Exxon to acquire us gas company for $31 bn
The transaction values XTO at $51.69 a share, 25 per cent higher than its last closing - MCL decision on coal transport to help land oustees - UBI likely to float IPO by early February - 25 suspended workers reinstated at Dunlop"s Sahaganj unit - Elder gets bolder - Ruia Group acquires 60% stake in Henniges Automotive Grefrath - "Declare oil palm a plantation crop"

News of the day

Ku Klux Klan cartoon in Indian paper angers Australia
A cartoon in a Delhi newspaper, which allegedly depicted a Victoria policeman as a member of hate group Ku Klux Klan in the wake of attacks on Indians, has sparked an outrage in Australia with acting Prime Minister Julia Gillard condemning it as "deeply offensive".
Public Relations

India Infoline Investment Services ropes in M N Singh, Purwar

India Infoline Investment Services today said that its Board of Directors has approved the appointment of M N Singh and A K Purwar as independent Directors on the Board of the company. - Citigroup Global ups stake in India Infoline to 8.42% - India Infoline to focus on wealth mgmt, life ins distribution - Sasken, SKF India & India Infoline Q1 results - India Infoline net up 4% at Rs 52 cr - Sebi frees India Infoline in share manipulation case - About 74% investors prefer buying gold at current Sensex ends up 35pts "We are honoured to have both the gentlemen on the Board of India Infoline Investment Services Ltd," India Infoline"s Chairman and Managing Director, Nirmal Jain, said in a press release issued here. "I am sure their tremendous experience would bring in immense benefit to the opportunities and growth of the company in the future," he added. The India Infoline group, comprising the holding company, India Infoline Ltd and its subsidiaries, is one of the leading players in the Indian financial services space.


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