The Telegraph
Saturday , December 1 , 2012
Since 1st March, 1999
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Business Briefs

Access to online PF account

New Delhi, Nov. 30: Over 50 million provident fund subscribers can now access their account statements online as the EPFO today launched its e-passbook service. Active subscribers whose electronic challan-cum-return is already uploaded, can download their e-passbook every month. The facility shall be available on


Mumbai, Nov. 30: Lenders to Kingfisher Airlines said they were yet to hear from the airline even as the deadline set by the bankers to bring in fresh equity of $1 billion ended today. However, Shyamal Acharya, deputy managing director in charge of mid-corporate group at the SBI sounded optimistic about a meeting between the lenders and the airline “in the next fortnight”.

Union Bank

Mumbai, Nov. 30: State-run Union Bank of India today reduced education loan rates by up to 2 per cent, and a category of home loans by 0.25 per cent, as the focus of the banking industry shifts to retail borrowers.

NPCIL selloff

New Delhi, Nov. 30: The government plans to sell 10 per cent of its stake in Nuclear Power Corporation of India Ltd through an IPO that will list the company on the bourses. At book value, the sale will garner around Rs 2,500 crore but the actual realisation can be much higher .

Lipitor clone

New Delhi, Nov. 30: Ranbaxy has stopped production of its generic version of cholesterol-lowering drug Lipitor until it investigates the issue of potential glass particles in certain lots, the US health regulator has said.

NIB delay

New Delhi, Nov. 30: Admitting to differences with the environment ministry in the setting up of the National Investment Board, finance minister P. Chidambaram today said the cabinet would take a final call.

JLR launch

Gurgaon, Nov. 30: Tata Motors-owned Jaguar Land Rover today rolled out a version of Range Rover, starting from Rs 1.72 crore (ex-showroom Delhi).