| Max Healthcare to build two hospitals in Punjab | 22-NOV-09 |
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| Hospital chain Max Healthcare will invest Rs 200 crore to set up two tertiary care hospitals in Bathinda and Mohali, both in Punjab. The hospitals, coming up in partnership with the state government, would have 300 beds each, Parvez Ahmed, CEO and managing director, Max Healthcare, told Business Standard. |
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| FII-TO-FII TRADES: PNB traded at 4% premium | 21-NOV-09 |
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| Trades between FIIs generated a volume of Rs 75 crore on the BSE Friday-an increase of 33.49% from Rs 56 crore clocked on Thursday. As many as eight stocks witnessed trades of 13 lakh shares on Friday. |
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| Bank stocks rise on merger talk | 21-NOV-09 |
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| The stocks of domestic banks on Friday saw a spike of between 0.72 per cent and 13 per cent on reports that top state-run banks were warming up to the consolidation idea. |
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| Potato yield likely to go down in Punjab | 18-NOV-09 |
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| The per hectare yield of potato is likely to be affected by 5-10 per cent in Punjab, mainly due to prolonged heat and late kharif season. However, the area under potato cultivation would be slightly more or less same this year as compared to 81,082 hectares last year, according to the experts. |
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| Punjab amends paddy procurement policy | 18-NOV-09 |
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| In a move to facilitate smooth lifting of paddy in the ‘mandis’, the Punjab government has amended the provisions of paddy procurement policy to enhance the eligibility quota of the rice mills by 500 metric tonnes (MT) per mill. Disclosing this here today, Food and Civil Supplies Department Director D S Grewal said that under the amended provisions of the policy, a rice mill with an installed capacity of one MT would now be allotted 3,000 MT of free paddy instead of earlier quota of 2,500 MT. Likewise, rice mills with an installed capacity of two MT would now be eligible to lift 4,500 MT of free paddy against the earlier allotted quota of 4,000 MT. The amended procurement policy would be applicable to the districts of Bathinda, Mansa, Sangrur, Barnala, Moga, Faridkot and Muktsar. |
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| RBI to adopt six villages of Punjab | 17-NOV-09 |
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| As part of its platinum jubilee celebrations, the Reserve Bank of India has initiated a special programme called ‘Model Village Programme’ in six villages for providing banking facilities. |
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| Robust show | 16-NOV-09 |
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| While high proportion of restructured loans is a near-term dampener, strong volume growth and higher margins augur well for the bank. |
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| Cotton yield hits 4-yr low, dips 5.45% | 14-NOV-09 |
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| The country’s cotton yield has hit a four-year low in the current season, as the delayed monsoon disrupted sowing earlier. This is for the consecutive year that the country’s cotton output is estimated to slip below 30 million bales (1 bale = 170 kg). The cotton season starts from October and ends in September. |
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| Sunil Sethi: The crisis of identity proofs | 14-NOV-09 |
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| Bhim Mahto, a tribal from Hazaribagh in Jharkhand, had his wallet pickpocketed on a Delhi bus recently. He lost cash, his driving licence and his voter’s identity card. In more than 20 years that he has worked for me, I have rarely seen him in such distress. It wasn’t the theft of the money or the driving licence he was agitated about — these could be acquired again with some effort — but the loss of the pehchan patra, his voter’s ID, was incalculable. |
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| Area under wheat in Punjab to touch 35.20 lakh hectares | 13-NOV-09 |
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| There might be political uproar over the meager revision of MSP of wheat (Rs 20 per quintal hike), but the farmers in Punjab are firm on expanding the area under wheat cultivation. The state agriculture department is hopeful that this year also the total area under wheat would surpass the designated target of 35.20 lakh hectares. |
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| BSNL to add 100,000 3G subscribers in Punjab circle | 12-NOV-09 |
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| State-owned Bharat Sanchar Nigam Ltd (BSNL) has set an ambitious target of 100,000 3G subscribers in Punjab circle (which includes Punjab and Chandigarh) by March 2010. BSNL is hopeful that its acceptance among consumers will increase once the service is available across the state and handset costs go down. At present, it has 5,000 3G customers in Punjab circle. The service is restricted to some of the district headquarters only. |
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| CES to ready DPRs for Punjab SEZ | 11-NOV-09 |
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| To attract IT investments in the state, Punjab Infotech has entrusted New Delhi-based Consulting Engineering Services (India) Private Ltd to prepare a detailed project report (DPR) to set up IT Parks/SEZ projects in Kapurthala, Ropar and Rail Majra in Punjab. The final draft of the DPR is likely to be submitted very soon after getting feedback from Punjab Infotech and concerned departments involved in the project. Punjab Information & Communication Technology Corporation Ltd (Infotech) intends to develop SEZ/IT Parks on about 50 acres in Kapurthala, 240 acres in Ropar near the proposed IIT and 12 acres in Rail Majra. |
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