India may get $ 1.2 bn loan from ADB
India is likely to get a $1.2 billion loan from the Asian Development Bank this year as part of the International Financial Institution's strategy to raise its assistance to projects in the country in the next three years.



Wadia, CGNU drop insurance JV plan
The plan of the Wadia group and UK-based CGNU to float a joint venture for a foray into the domestic non-life insurance segment has been called off after a thorough review of the project.



Nabard to launch Capital Gains Bonds
Nabard, which plans to come out with three-year Capital Gains Bonds on September 28, expects to mobilise about Rs 1,600 crore to Rs 2,000 crore by the end of current fiscal.



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New fast-track scheme to de-register cos
SBI gets prestigious Rs 20,000 cr BSNL account
ONGC to pump another 5 lakh tonnes crude
Indian Bank opens three more ATMs
Oil falls after US taps reserves, markets bounce back