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A V Rajwade: No full stops in India
A V Rajwade / New Delhi July 6, 2009, 0:54 IST

Nordic region offers $10bn opportunity for IT: Nasscom-PwC
The Nordic region (Norway, Denmark, Iceland, Finland and Sweden), which is now opening up to offshoring as a viable option to sustain its long-established competitiveness, offers an untapped $10 billion outsourced services opportunity for Indian IT companies, said a Nasscom-PricewaterhouseCoopers report.

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Novartis' swine flu vaccine show encouraging results
Swiss drug maker Novartis today said its newly developed vaccine "Celtura" against Influenza A HINI (Swine Flu) has shown effective result during a pilot test conducted by it.
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Kotak Mahindra net up 72% at Rs 257 cr

Kotak Mahindra bank today announced its first quarter results. The bank"s net profit went up by 72 per cent to Rs 257 crore in first quarter of FY10 compared to Rs 150 crore in the corresponding quarter last year on a consolidated basis. - SC restrains UP govt from action against Kotak Mahindra Bank - SBI trims deposit rates across select maturities - SBI Canada"s biz grows by 22% in 2008-09 - ICICI accused for violating RBI guidelines: Pranab - Indian Bank Q1 net up 52.4% - Union Bank Q1 net doubles to Rs 442 cr Its net interest margin stood at 6 per cent in the first quarter of FY10. Consolidated capital adequacy ratio includng current quarter profit as per basel II stood at 20.8 per cent as on June 30, 2009. The group manages/ advises assets worth Rs 45,776 crore as on June30, 2009.


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