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INTERNATIONAL
ADB evolves action plan to fight corruption
Manila: An action plan to help Asian nations battle corruption was completed at a recent Asian Development Bank (ADB) meeting and will be offered to interested countries, the bank said.
NATIONAL
BoB launches $ 120 mn project for online banking
New York: Bank of Baroda (BoB), one of India's leading banks, is embarking on a $ 120 million plan to modernise its information technology (IT) network to interconnect the bank's businesses throughout the world.
SBI agrees to provide $ 120 mn loan to NTPC
New York: The State Bank of India (SBI), New York, has signed an agreement with the National Thermal Power Corporation (NTPC) of India for providing a foreign currency loan of $120 million.
Sudanese minister seeks Indian cooperation in ICT
New Delhi: A senior Sudanese minister says Khartoum is emerging from the shadows of the sanctions imposed by the US against it as a "terrorist state" and Indian business should join investors flocking to his country from Europe and the Middle East.
Ranbaxy to launch four more anti-AIDS formulations
New Delhi: Indian pharmaceutical major Ranbaxy Laboratories Ltd is set to add four more anti-AIDS formulations by July in its existing portfolio of four drugs to strengthen its position in the Rs 1.2 billion market.
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