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Economy to be back at 9% growth rate by 2011: S&P
The economy would get back to 9 per cent growth rate by 2011, says an article by the global rating agency Standard & Poor"s (S&P), an estimate higher than other agencies.

SBI MF to float 13-mth debt plan
SBI Mutual Fund will launch SBI Debt Fund Series 13 Months Fund-10 on Friday. Subscriptions to this plan will remain open until March 23, the fund house said in a notice On Thursday.

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Bharti Airtel disappointed with 3G auction delay
Country’s largest mobile operator Bharti Airtel today said it was disappointed by 3G spectrum auction being postponed until next financial year, but would participate when it takes place.
International Business

ICICI allots 30,158 shares under stock options

The country"s largest private sector lender ICICI Bank has allotted a total 30,158 equity shares pursuant to conversion of options under the Employees Stock Option Scheme, 2000 (ESOPS). - ICICI cuts home loan rates to remain competitive - ICICI Bank for doubling returns; to be in top-5 listed cos - ADR, GDR shouldn"t decide a bank"s nationality: Kochhar - No room for lending rate cut now, says Kamath - Don"t count ADR, GDR to decide bank"s nationality: ICICI - FinMin has done good job in Govt borrowing: Kochhar In a filing to the Bombay Stock Exchange, ICICI Bank said it has allotted 30,158 equity shares on August 31 to its employees under the Employees Stock Option Scheme, 2000 (ESOPS). Shares of ICICI Bank were trading at Rs 740.10, down 0.62 per cent on BSE.


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