1. Top News of This Weekend (27 Sep. to 2 Oct., 2010) Presented By:- SupriyaNayyar
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4. The Tax money, which took two to three weeks to reach government coffers, now reaches the government within a few days with the entry of private banks.
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6. Unilever’s biggest acquisition in a decade will add brands such as V05, TRESemme and Nexxus to Unilever’s existing Dove and Sunsilk.
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8. Wal-Mart proposed offer of 148 rand ($21.10) a share would value South Africa’s second largest listed retailer at about 32 billion rand including share options.
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10. The World Bank was likely to lend around $15 billion to $20 billion to India’s Infrastructure sector in the next five years.
11. The government has announced the $11 billion debt funs as a part of a series of recent measures to overhaul India’s creaking infrastructure,
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13. For the year ended March 2010, the company’s net loss was Rs.125 crore on revenues of Rs.5,480 crore.
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15. The company’s head count has fallen from 45,000 in 2009 to 27,000 today while the number of active clients plunged from 500 to 300.
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17. Both Banks have decided not to raise their benchmark rate for loans and floating deposits– the Base rate which stays at 7.5% & 8%, respectively.
18. SBI will offer 7.75% for its special 1,000-days scheme which was introduced mid-august against 7.72% earlier.