If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Saturday, December 14, 2013

Banks turn busy to raise capital
The Centre has earmarked Rs. 14,000 crore for capital infusion into banks in the current fiscal

With the Union Government going ahead with its capital infusion plans, many public sector banks have scheduled their extraordinary general meetings (EGM) in the coming fortnight to seek the shareholders’ approval to shore up capital.

While some of them will be making preferential allotment of shares at a premium to the Government of India, others, apart from receiving capital infusion from government, will go for private placement of shares or qualified institutional placement (QIP). The Centre has earmarked Rs. 14,000 crore for capital infusion into banks in the current fiscal. While Punjab National Bank and Indian Overseas Bank have scheduled their EGMs on December 16 for preferential allotment of shares to Government, Corporation Bank has announced that it would also seek the shareholders’ nod for a private placement/QIP. 

Andhra Bank has convened its EGM on December 19 for both preferential issue and QIP/private placement. Dena Bank and Allahabad Bank will seek shareholders nod on December 24 for this purpose. . Canara Bank, for its part, has convened its EGM on December 30 for the preferential issue of shares to the Government.

Courtesy: The Hindu