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Wipro dropped nearly 4%, to Rs 465.65 even as the company reported a 44% growth in net profit for Q1 June 2006.

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Allahabad Bank eyes acquisition in South

Written by Ranganathan
Thursday, 08 March 2007
In its proposal to augment occurrence in the southern area, Allahabad Bank has regenerated its endeavor to get hold of a bank having fine branch network.
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Corus shareholders approve $12 b Takeover by Tata Steel

Written by Adiban_Maran
Thursday, 08 March 2007
Shareowners of Corus Group have approved Tata Steel Ltd’s 6.2 billion-pound adoption of the UK steelmaker, closing the biggest overseas acquirement by an Indian company.
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SBI to hike auto loan rates by 0.75%

Written by Arumai_Nagappan
Thursday, 08 March 2007
The country’s major loaner, State Bank of India (SBI) has decided to raise car and other personal loan rates, excepting housing and education, by an average of 0.75 per cent.
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City Union Bank instigates new deposit scheme

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