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Bank of Maharashtra to raise Rs 300 cr
Bank of Maharashtra will raise Rs 300 crore by September this year as Tier I and Tier II capital by issuing bonds, the bank executive director M G Sanghvi said today.

'Markets to see life-time high soon'
R L Narayanan, vice president - Equity & Institutional Sales, Bonanza speaks on market trends and sectoral view.

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HPCL-Mittal pays Rs 60 crore to insure its under-construction refinery
HPCL-Mittal Energy Limited (HMEL) has paid Rs 60 crore to insure its planned refinery in Bathinda in Punjab against risks during the construction phase.
Management

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. - Zylog launches VoIP services in Gujarat - Zylog to invest Rs 210 cr on Wi-Fi; aims Rs 550 cr revenue - Zylog plans Rs 500 cr infra spend, eyes Singapore firm - Zylog Systems ties up with Aptilo Networks for back-end services - Zylog lines up Rs 200cr The board, at its January 9 meeting, approved "proposed acquisition in Canada and authorised the company to go ahead with the bidding process on the basis of the recommendation of the Merger and Acquisition committee", Zylog Systems Ltd said in a filing to the BSE. "In the event of successful bidding, board has authorised the company to go ahead with the acquisition process,"it said.


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