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Sovereign guarantee to NHAI on per case basis
Providing a sovereign guarantee to the National Highways Authority of India’s (NHAI’s) borrowings will be decided on a case-to-case basis by the finance ministry.

Banco Products net up 99% at Rs 21-cr
Banco Products (India), a leading manufacturer of aluminium radiators, has posted a net profit of Rs 21-crore, up 99 per cent, for the quarter ended September 30, as against Rs 11-crore in the corresponding period last fiscal.

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Bank of Maharashtra Q4 net jumps two-fold
Public sector lender Bank of Maharashtra today said its net profit grew over two-fold to Rs 137.33 crore during the fourth quarter of 2008-09 over the corresponding period a year ago.
Small Business

New power equations

The hot gossip that’s warming up New Delhi’s cocktail circuit in a cold winter is about changing power equations on Raisina Hill with the exit of National Security Advisor MK Narayanan. Not only is Home Minister P Chidambaram seen as a “rising star”, there’s talk of a new “power trio” — Sonia Gandhi’s political advisor Ahmed Patel, Pranab Mukherjee’s assistant Omita Paul and prime minister’s principal secretary TKA Nair — in that order of importance!


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