New Delhi, June 27: Representatives of the United Forum of Bank Unions, comprising mainly PSU bank employees, today met finance minister Arun Jaitley and sought his intervention for the early settlement of wage revision negotiations. “We submitted our representation to the finance minister and apprised him of developments with regard to wage negotiations with the Indian Banks’ Association,” UFBU convener M.V. Murali said.
New Delhi, June 27: Drug major Cipla has got a contract worth 345 million rands (Rs 195 crore) from the South African government. Under the contract, which will run from July 2014 to April 2017, the company will supply respiratory drugs such as Beclate 100, Becalate 200 and Asthavent 200.
New Delhi, June 27: BPO major Genpact has appointed Edward J. Fitzpatrick as its chief financial officer with effect from July 15. He will report directly to Genpact president and CEO N.V. Tyagarajan and will be based in New York City.
New Delhi, June 27: The Export Import Bank of India will raise up to $3 billion from the overseas market in this fiscal to fund business growth, chairman and managing director Yaduvendra Mathur said.
Chennai, June 27: Shareholders of public sector Indian Overseas Bank (IOB) today approved its proposal to raise Rs 1,200 crore through qualified institutional placements .
New Delhi, June 27: ONGC will invest over Rs 5,700 crore in redeveloping its giant Mumbai High (North) oil and gas field off the west coast. The project will yield an incremental 6.997 million tonnes of crude oil and 5.253 billion cubic metres of gas by 2030.
Hyderabad, June 27: The analytics market in India, which clocked revenues of about $1 billion last fiscal, is expected to more than double it to $2.3 billion by 2017-18.