Banks can finance Rs 10-crore-plus film projects
Mumbai: The Reserve Bank of India has allowed banks to finance film projects costing over Rs 10 crore.
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Cellular firms raid FMCG personnel
New Delhi: Cellular service companies are raiding FMCG companies for key personnel for their marketing departments. Studies indicate that it is the pre-paid cellular services market that will fetch volumes for the industry.
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WLL tariff revision will take more time
New Delhi: The Telecom Regulatory Authority of India has been caught in a bind regarding revision of tariffs for wireless in local loop limited mobility services. According to industry sources, it will take more time.
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Banks for repos bid before call market phase-out
Mumbai: Banks and primary dealers have said that it is necessary to develop a meaningful and cost-effective source of funds for PDs before phasing them out from the call money market so that it leaves PDs with adequate flexibility to be market players.
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Banks review internal security measures
Mumbai: Banks across the countrys financial capital Mumbai are said to be reviewing their internal security arrangements following the alert sounded by the Reserve Bank of India.
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