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Pepsi to take Nimbooz to southern and eastern mkts in India
Softdrinks major PepsiCo is scaling up the distribution of "Nimbooz" by entering the South and East Indian markets by the end of this month, making the product available across the country.

Zylog Systems eyes acquisition in Canada
IT firm Zylog Systems today said it is eying acquisition in Canada and its board has given approval to go-ahead with the bidding process.

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13th Finance panel submits report on tax receipts
The 13th Finance Commission today submitted its report to President Pratibha Patil on devolution of central tax receipts between the Union and the state governments.
Business Opportunities

Bank of India raises Rs 500 cr through bonds

Public sector lender Bank of India (BoI) today said it has raised Rs 500 crore through the issue of bonds in the market. - IOB Q1 netup 18% to Rs 302 cr - PNB Q1 net rises 62% to Rs 832 cr - Corporation Bank Q1 net up 42% at Rs 261 cr - "Rs 6,400-cr advances restructured" - Little room for immediate cut: Bankers - FII-TO-FII: Grasim Ind traded at 3% premium "The bank has raised capital through issue of bonds of Rs 500 crore on July 28," Bank of India said in a filing to the Bombay Stock Exchange (BSE). The coupon rate of bond is 8.45 per cent per annum, it added. Shares of Bank of India were trading at Rs 317.30, down 0.47 per cent in afternoon trade on the BSE.


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