Punjab Business News 28 March 2011

Punjab sugar output touches 2.95 mn quintals
Business Standard (blog)
The total area under sugarcane cultivation in Punjab was 84000 hectares this year while last year it was 60000 hectares. Speaking to Business Standard, senior officials in the cane commissioner office said, "The sugar output in the state touched 2.95 ...
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Maize prices up by 1.3% last week
Business Standard (blog)
The Punjab government invited bids last December for the strategic sale of its 23.5 per cent holding in the company as part of a disinvestment drive. Some dozen firms making tractors in India have expressed interest, including market leader Mahindra ...
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Private equity funds eyeing exit gains in Arch Pharma IPO
Moneycontrol.com
ICICI Venture Capital and Leverage India Fund (jointly sponsored by IL&FS and Punjab National Bank) are among the few other financial investors in mid-sized drugmaker Arch Pharmalabs who are making a part exit in the Mumbai-based company's public issue ...
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Menthol rises as demand picks up
Business Standard (blog)
Vijaya Bank, Punjab National Bank (PNB), the Principal Financial Group of the US and a leading tyre company will soon set up a life insurance venture. The four have signed a memorandum of understanding (MoU) and have applied to the Insurance Regulatory ...
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60 industries in north India to implement PAT scheme
Business Standard (blog)
About 60 energy intensive industries across eight sectors in Punjab, Haryana, Uttarakhand and Himachal Pradesh with energy consumption with more than specified limit has been notified under the Energy Conservation Act, 2001, and selected in the Phase-I ...
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DB Realty director Rajagopal quits
Business Standard (blog)
State-owned Punjab & Sind Bank (PSB) will approach the capital markets with a Rs 100-crore initial public offering this year, after it has cleared its issue of NPA divergence with the Reserve Bank of India (RBI). "PNB was likely to achieve a capital ...
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SC seeks Sebi stand on accepting IPO scam report
Business Standard (blog)
Two other consortiums led by Bank of India (BoI) and Punjab National Bank (PNB) are also launching shared ATM networks in the country. The PNB consortium includes Andhra Bank and Vijaya Bank and PNB is the settlement bank. The BoI group includes Indian ...
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Tinsel town preparing for face-off
Times of India
'Akshay has been invited by Punjab's deputy CM Sukhbir Badal,' said a source. The Deol trio has not confirmed yet, but they are expected too. Dharmendra, when contacted, said, 'We are planning. If we attend, then you will also get along Esha and Ahna ...
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Wine Consumption to touch 14.7 million litres by the end of 2012: ASSOCAHM

India Infoline.com
An interesting aspect that emerged out of the ASSOCHAM study was that around 65 per cent of the total volume of wine consumed in India is produced locally in states like Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu, Punjab etc. as these regions ...
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