India FY11 GDP estimated to grow at 8.6%: govt
India's GDP for the 2010/11 fiscal year is estimated to grow at 8.6%. India's farm output is expected to grow 5.4%, while industry growth this fiscal is expected at 6.2% & the service sector growth is projected to grow 11% this fiscal. (Money control)
Allcargo Global eyes acquisitions in India, east Asia
Allcargo Global Logistics is scouting for acquisitions in the fast growing markets of India and east Asia , after taking stakes in a couple of Hong Kong-based logistics firms last year, as the Indian firm looks for strategic fits to its container load and multi-modal transport operations . Allcargo is a market leader in the less-than-container-load (LCL) segment. (Source: Economic Times)
UBI to enter 1880 un-banked villages
The United Bank of India has decided to extend services in 1880 un-banked villages with a population of over 2000 in 85 districts in 12 states and one union territory by March 31. (Source: Economic Times)
CareerPoint to acquire cos in education sector
Career Point plans to acquire companies in the test preparation and education business to mark its foray in the related segment where it is not present. Further, the company is setting up two private universities, one in Rajasthan and another in Himachal Pradesh. (Source: Business Standard)
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