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SBI Q3 net down 8.4% to Rs 3,305 cr
The country"s largest lender, State Bank of India (SBI), reported a 8.40 per cent decline in its consolidated net profit at Rs 3,304.59 crore for the third quarter ended December 31, 2009.

Mamata, CPM heat on land, railways in LS
The row between the CPI(M) and its arch rival, the Trinamool Congress (TC), over land refuses to die. After the land acquisition issue played a crucial role in the 2009 Lok Sabha polls in West Bengal, it became a hot topic again today, as the CPI(M) and the TC locked horns during the Railway Budget discussion in the Lok Sabha.

News of the day

HAL to produce Boeing-777 parts in Bangalore
Hindustan Aeronautics Limited (HAL), the Bangalore-based firm which operates under the Ministry of Defence, has signed an agreement with Boeing to work together with the US plane maker for the production of flaperons for the Boeing’s 777 series commercial jetliner.
Management

After IT, BPO, medical tourism emerge as fastest growing sec

Despite the global economic downturn, medical tourism has emerged as the fastest growing sector of the Indian tourism industry as it provides first world treatment to patients at an affordable rates. Medical costs in India are only 1/3rd or 1/4th of the costs at comparable hospitals in the US, Europe or South Africa, a medical referrals agency said today.


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