TOP CORPORATE NEWS
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United Bank of India slips after
CMD Archana Bhargava quits
United Bank of India fell 1.03% after Archana Bhargava resigned as
chairperson and managing director of the bank with effect from 20 February
2014. United Bank of India has been under pressure after reports on
non-performing assets mismanagement surfaced earlier in this week.
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HCL Tech gains on buzz Shiv Nadar
to sell entire stake
HCL Technologies rose 1.06% on reports that the company's promoter
Shiv Nadar is sounding out potential buyers for selling his entire 62% stake in
the company.
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Elder pharma Expect Rs 600-700cr
sales from overseas biz
Elder Pharma is planning to come out with series of new products
especially line of in-license products and brand extension. The company has
appointed Deloitte for organisational restructuring post its sale of
formulation business to Torrent Pharma.
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ICICI Bank launches municipal tax
collection service in Nashik
ICICI Bank has announced the
launch of a service to collect municipal tax on behalf of Nashik Municipal
Corporation (NMC). This unique service will help citizens with accounts in any
bank to pay municipal taxes at any of the 14 ICICI Bank branches in Nashik.
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