Insurance major Life Insurance Corporation of India (LIC) has reached an agreement with Corporation Bank to make its entry into the credit cards business in the country. LIC holds a 27 per cent stake in Corporation bank.
The global economic meltdown does not seem to faze the Hinduja Group. The group believes that the economic strength of India or any other country should not be measured by the performance of stock markets and has gone a tad forward proving that it would never believe so.
Three Indian public sector companies have decided to set up a joint venture for the export of nuclear power reactors.
How to solve the global financial crisis - time to think a bit out of the box?