Bank quintet in ATM deal
Punjab National Bank, Indian Bank, Oriental Bank of Commerce, UTI Bank and Global Trust Bank have joined hands for sharing ATMs under the banner Mitr. Punjab National Bank will act as the settlement bank for the group which will have an ATM network of 1,700, of which UTI Bank will contribute 1,000 ATMs.
Inter Gold, a diamond jewellery firm, has launched Swarna Mudra — gold coins with Mandana art motifs — to revive the ancient Indian floor art from Rajasthan.
Yahoo India has tied up with Spice Telecom to enable the cellular operator's subscribers in Punjab to avail of its mobile facilities.
Bangalore-based Harita Infoserve Ltd, an automotive engineering design services company, has been awarded ISO 9001-2000 certification after an audit by TUV Rhineland.
The merger of Salzer Textiles with Pioneer Embroideries has been approved by shareholders of both the firms. Shareholders will be entitled to one share of Pioneer for every 25 shares of Salzer.