Finance Ministry And RBI To Meet On Friday Over Spreading Banking Activities

The Finance Ministry and Reserve Bank of India officials will meet on Friday in Mumbai to finalise new technological models for spreading banking activities in unbanked areas.

India Infoline Bases Its Headquarter In Mumbai For Rs 120 Crore

Investment firm India Infoline has announced that to base it’s headquarter the company has bought a 10-storey building in central Mumbai for Rs 120 crore. Nirmal Jain, the Chairman and Managing Director of India Infoline informed, “Till now, we have been operating out of leased places. We wanted to own a property and bought this Kamala Mills property in Lower Parel at a decent valuation of over Rs 120 crore.”

Prince Charles meets Poland’s young entrepreneurs

Prince Charles and his wife, Camilla, the Duchess of Cornwall met with the beneficiaries of Youth Business International, an organization assisting young entrepreneurs and founded by the Prince of Wales on the last day of his trip to Poland.

Poland chooses site for first nuclear power plant

The northern town of Zarnowiec has won the competition to host the first nuclear power plant in Poland.

Renault-Nissan May Tie-Up With Ashok Leyland For New Car Project

Renault-Nissan has hinted that it might partner with commercial vehicle major Ashok Leyland (ALL) to produce a new passenger car. The new car will be positioned between the ultra low-cost car project with Bajaj and the v-platform ‘Micra’ car.

PZU turns in record profits

Poland’s state-controlled insurer PZU announced a record-breaking 3.76 billion zlotys (just under 1 billion euro) profits in 2009. The highest profit in the insurer’s history was a rise of 62 percent from 2008.

Prince Charles praises UK Poles

Prince Charles lauded Polish immigrants in the UK for their economic and cultural contributions, during talks with President Lech Kaczynski in Warsaw, Monday.

Facebook To Have A Center In Hyderabad

Popular social networking website, Facebook has decided to open its branch in India. The website will be opening its office in the hi-tech city of India, Hyderabad. According to the company reports, the office in Hyderabad will be equipped with providing services and support to the users, advertisers and developers in India and the world.