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EIH
lines up Rs 1000-crore investment over three years
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EIH Ltd, the owner of the Oberoi
Hotels & Resorts chain, has lined up investments of Rs 1000
crore in various domestic and international projects, according
to vice-chairman and managing director PRS Oberoi. |
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Huge
response for VRS at Glaxo (I) Worli unit |
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Roughly 627 employees at Glaxo
(India)’s Worli unit have opted for the company’s voluntary
retirement scheme (VRS). |
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BSES
shelves Esop plans citing poor market conditions |
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The Mumbai-based power utility
BSES has put on back burner its plan to offer employees stock
option in view of depressed stock market conditions. Instead,
the company, which has earned a profit of Rs 99.64 crore for
the quarter ended June 30, has decided to provide performance-based
awards to its 4,800 employees. |
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Corpn
Bank beats PSU banks in efficiency |
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Corporation Bank is the most
efficient public sector bank in the country having scored over
26 other public sector banks in two (first in profit/business
ratio and profit/income ratio) of the three denominators that
this study has employed to determine the efficiency of public
sector banks based on the published figures for 2000-01. |
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