National Bank for Agriculture and Rural Development (Nabard) has sanctioned a grant assistance of Rs 20 lakh to Ahmedabad District Cooperative Bank (ADC Bank) for a project involving formation and financing to 1000 joint liability groups (JLGs).

Nabard sanctions Rs 20 lakh to ADC bank

Business Standard

Recovery audit services provider, PRGX is planning to double its headcount and operations by the end of 2013. The company is currently focusing on Indian retail business for the audit recovery and other business sectors like automobile, oil and gas and insurance.

PRGX India to double operations by 2013

The company had posted a net profit of Rs 101.48 crore in the corresponding period a year ago.

GMDC's third quarter net up by 11% at Rs 112 cr

Press Trust of India

To ensure better civic facilities and credit access to urban poor, state government has launched a scheme. The scheme envisaged to ensure better employability, more opportunities, social security, legal protection and insurance umbrella at par with labours. &ldquo;The scheme will be implemented soon, the cabinet has decided on Tuesday,&rdquo; said Narottam Mishra, a cabinet colleague of Shivraj Singh Chouhan. As many as 96,000 people under this population of unorganised sector live in various cities and towns of the state and are bereft of very basic amenities.

MP launches scheme for urban poor

Congress&rsquo; technology poster boy Sam Pitroda on Wednesday said the average growth rate in Uttar Pradesh could be made higher than the national average.

'UP can even better India's growth rate'

Mohinder Singh was disgruntled with the manifestos of the major parties that contested the just-concluded Assembly polls in his state of Punjab. Reason: none carried a major mention about the welfare of farmers &mdash; his community. Nonetheless, the middle-aged peasant voted eventually in the January 30 elections.

To vote is Punjabi culture, say experts

Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) is planning to call for tenders for setting up power projects, which can generation 2,200 Mega watt (Mw).

Tangedco to invite bids for power plants

Cholamandalam Investment and Finance Company Ltd posted over five-fold rise in net profit for the quarter ended December 31, 2011, to Rs 40.56 crore compared with Rs 7.13 crore during the same period previous year. Income from operations stood at Rs 461.06 crore as against Rs 286.93 crore, an increase of 60.69 per cent.

Chola Investment net up

Phonographic Performance Limited, the apex licensing arm of Indian Music Industry (IMI), today launched &lsquo;Halla Bol&rsquo; - a campaign to spread awareness on music licensing laws and infringement of intellectual property rights in the music industry, in Hyderabad. It also launched another campaign 'Reaching the unreached' to spread awareness in the rural areas.

Campaign to safeguard music laws

TVS Motor Company reported five per cent growth in total sales in January 2012 to 173,514 units as against 165,152 units in the same period last year. Cumulative sales for the period between April 2011 to January 2012 grew 10 per cent to 1,843,554 units as against 1,678,048 units in the previous comparable period.

TVS Motor Jan sales up 5%

US-based International Paper has constituted a new board of directors for Andhra Pradesh Paper Mills Limited under the leadership of Paul Brown, president of International Paper India and chairman and acting chief executive of AP Paper Mills.

New board for AP Paper

&ldquo;We are confident of a good double-digit sales growth during the second half of this year.

Merc eyes double-digit growth

Following in the footsteps of the Indian School of Business or ISB, Hyderabad, which has secured accreditation of the US-based non-profit accreditating agency Association to Advance Collegiate Schools of Business (AACSB), many a business school wants to join the bandwagon. The ISB went in for the accreditation as it is not affiliated to any university or its degree recognised by any university.

B-schools scramble for accreditations to face competition from foreign varsities

Bangalore is all set to hear loud laughter from more and more people with laughter-yoga therapy set to become a means of staying healthy in the city. Pushing the case would be the Laughter University.

Laughter-Yoga university to come up near city

Stepping up their pressure, opposition Congress and independents On Wednesday staged a protest in the Assembly demanding Speaker K G Bopaiah's resignation in the wake of Supreme Court's verdict in a disqualification case.

Pressure not easing on Speaker

&ldquo;We are pleased to have resolved this legacy issue with the FDA as we begin the next chapter in Ranbaxy&rsquo;s history,&rdquo; stated Arun Sawhney, CEO &amp; Managing Director of India&rsquo;s biggest drug-maker Ranbaxy few weeks ago.

Can Ranbaxy recover from its US debacle?

The Planning Commission on Wednesday cleared the second and the third phase of the project, aimed at protecting the famed river island Majuli from flood and erosion. The project, which is called &lsquo;protection of Majuli island from flood and erosion&rsquo;, is estimated to cost Rs 115.99 crore.

Planning Commision gives nod for Rs 115.99 cr project in Assam

Former West Bengal Chief Minister Buddhadeb Bhattacharjee on Wednesday accused the Trinamool Congress-led government in the state of making frivolous expenditure while not paying salaries of employees citing lack of funds.

Mamata govt making frivolous expenditure: Buddhadeb

Blaming a section of the media for joining the opposition chorus over death of babies in state-run hospitals, West Bengal Chief Minister Mamata Banerjee on Wednesday dubbed it as 'rumour' since the child mortality rate has dropped in the state.

CM dubs baby deaths as 'rumour'

The Calcutta High Court on Wednesday directed the state-run SSKM Hospital to submit details of treatment and health report of R S Agarwal, one of the arrested directors of AMRI Hospital where a devastating fire killed 93 persons.

Court directs hospital to submit RS Agarwal's treatment details

West Bengal Minister for Micro and Small Industries Manas Bhuniya on Wednesday asked banks to step up lending to the textiles sector in the state.

Bhuniya asks banks to step up lending to textile sector in WB

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