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Sterlite Tech Q2 net jumps nine-fold to Rs 54.67 crore
IT firm Sterlite Technologies today said its net profit jumped nearly nine-fold to Rs 54.67 crore for the second quarter ended September 30, 2009, over the same period last year.

Breaking up banks impractical, undesirable, says HSBC
HSBC Holdings Chairman Stephen Green said proposals to separate retail and investment banking are “unrealistic” and will slow economic growth because larger firms are needed to finance big companies.

News of the day

India, Canada to finalise nuclear agreement soon: Gavai
India and Canada will soon finalise the civilian nuclear cooperation agreement that will pave the way for new opportunities for both the countries, a senior Indian diplomat has said.
Management

Apollo opens hospital in Mauritius

Chennai-based healthcare major Apollo Hospitals Group has opened Apollo Bramwell in Mauritius with an investment of $70 million (around Rs 350 crore). - "White food" reduces resistance to Swine-Flu like diseases - Arabs can benefit from Indian medical tourism: Envoy - CIIE supports health centre enterprise - Savvy marketing sees surge in alternative therapies - Emami realty arm to be listed on BSE in 3-4 months - Yash Birla to take ayurvedic wellness biz abroad The 220-bed multi-speciality hospital has a built-up area of 237,000 sft, according to a company release. The hospital also provides alternative therapies like acupuncture, aromatherapy and Ayurveda apart from Allopathy. Apart from the new Mauritius hospital, the group has around 43 hospitals across India and one in Bangladesh, the release added.


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