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Bank of India to raise Rs 1,000 cr

Read more on:    Capital Infusion | Bank Of India
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to raise Rs 1,000 cr
Press Trust Of Indai /  March 18, 2011, 0:24 IST

Bank of India has said its shareholders had approved of over Rs 1,000 crore from the government by way of preferential issue of shares. This decision was taken during the extraordinary general meeting of the bank held on Thursday.

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HSBC: Global fund managers 'overweight' on equities

Global fund managers are bullish on domestic equities, with 75 per cent of them holding an ‘overweight’ view in the first quarter, an HSBC survey ...

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LIC Housing Finance takes over Orbit Corp's Mumbai property

Orbit's total amount outstanding is Rs 95.50 crore including interest, expenses and other charges

VCES a rare opportunity, make fresh start, says Chidambaram

The FM asked hose in trade and industry to seize the offer

Govt allows greater flexibility for pension fund investments

But the EPFO board would need to approve the changes before they become official

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