Mahajan promises more sops for IT firms in budget The excitement was palpable at Nasscom 2000, with Pramod Mahajan setting the tone when he promised information technology (IT) "maximum concessions in the budget." As industry bigwigs applauded the Aiboc against bank's privatisation The All India Bank Officers' Confederation (Aiboc) is opposed to dilution of government holding in public sector banks below 51% as the change in ownership could adversely affect the banks' priority sector lending activities, Aiboc president Shantha Raju said on Wednesday. Icra retains safety ratings for Hudco's Rs 600-crore bonds Credit rating agency, Icra reaffirmed high safety ratings for Rs 600 crore long term bonds and fixed deposit programme of public sector Housing and Urban Development Corporation Ltd (Hudco). Dollar pauses after rally versus yen Japan government debt seen ballooning in 4 years China mulls limit on yuan lending by foreign banks Doordarshan to go digital in 4 metros this year Centre to set up committee for DTH services Economic recovery continues to be elusive Internet mutual fund Pant to head research advisory panel IFC to resume local lending activities JP Morgan sees rate cut
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