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Uco Bank posts 20.7% business growth in Q3
UCO Bank has recorded 22.05 per cent growth in advances and 19.77 growth in deposits for the quarter ended December 31, 2009.

Kashmir should be an independent state: Gaddafi
In a major diplomatic embarrassment to India, the maverick Libyan leader Muammar Gaddafi has supported the idea of an "independent state" for Kashmir and said that it should be a "Baathist state" between India and Pakistan.

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Selling 10% coal through e-auction checks malpractices
The government today said selling 10 per cent of coal through e-auction by the Coal India Limited has helped checking malpractices, corruption and black marketing.
Public Relations

IOC appoints three merchant bankers

State-run Indian Oil Corp (IOC) has appointed three merchant bankers for its maiden overseas bond issue of $500 million (Rs 2,325 crore). - IL&FS Investsmart to discontinue insurance broking biz - IOC wants 50,000 acres for biofuel cultivation in UP - Manufacturing in dec at 7-month high, PMI shows - Manufacturing reaches top in 7 months, says HSBC study - Add debt for portfolio stability - Yodlee"s account aggregation software powers Artha Money IOC has appointed HSBC, Standard Chartered and Deutsche Bank for the issue likely this year, official sources said here. The company has not decided on the exact timing of the issue, which would go to fund its capital expenditure requirement.


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