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BSNL selloff likely soon, no BSNL-MTNL merger: Pitroda
The Prime Minister"s IT advisor Sam Pitroda today said the government is not planning to merge BSNL and MTNL, but efforts are on to sell stake in BSNL.

Bihar seeks Rs 23,000 cr as central assistance
Bihar today sought Rs 23,000 crore as immediate assistance from the Centre to tackle the drought situation in the state.

News of the day

Saksoft sets Rs 240 cr target
Saksoft Limited, a Chennai-based software services company with focus on the banking, financial services and insurance (BFSI) segment, is planning to double its revenues by the end of the 2011-12 financial year, from last year’s Rs 120 crore, through the organic growth route.
Public Relations

Tata Capital appoints new head for sales structure

Non-banking finance company Tata Capital today announced the appointment of Jamshed Daboo, to the newly created position of head, of national sales and services organisation. - NBFCs register higher profit in FY09 than banks: Assocham - Shriram Transport Finance to set up eqpt finance arm - Pre-paid card issuers need Rs 1-crore paid-up capital - NBFCs seek more collateral for loans - NBFCs must detail vehicle repossession norms in loan pacts: RBI - Structured finance issuances drop 18% in FY09: Icra The national sales and services organisation is meant to serve as a common front-end for the firm"s retail offerings. Daboo has been with the Tata group since 1986 and last position was chief operating officer of Taj Premium Hotels. In his new position, he will report to Pravin Kadle, managing director of Tata Capital.


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