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Railways plan 15 auto hubs across country
To promote traffic of automobiles through the railways, its ministry is considering 15 automobile hubs to be set up on public-private partnership across the country.

Rs 524-crore FDI proposals cleared
The government has cleared nine proposals that will bring in foreign investment of Rs 524 crore, more than half of which would be contributed by Japan’s Mitsui and Company to set up warehousing and container freight stations in the country.

News of the day

FM channels threaten to tune out over royalty row
With no solution emerging in the legal battle between music companies and private FM radio operators over royalty rates, many of the 37 private FM radio companies have threatened to shut shop soon, restricting choices for over 200 million FM radio listeners to All India Radio channels.
Public Relations

SG Private banking is now Societe Generale Private Banking

Global wealth management major, SG Private Banking today said it has adopted the brand Societe Generale Private Banking effective from January 1. - "Growth is not getting translated into participation in markets" - SG Pvt Banking, Rockefeller & Co named outstanding wealth mngr - "Growth is not getting translated into participation in markets" - ING planned to retain India private banking business - SG Pvt Banking, Rockefeller & Co named outstanding wealth mngr - Barclays Wealth names Siripurapu as Head of South East Asia "The new brand enables the private bank to reaffirm its identity as part of Societe Generale Group and to leverage further on the Group’s multi-service banking model," the company said in a release here. By adopting the Societe Generale Private Banking brand, the business will be able to highlight both the visibility and the reputation of its private banking activities, targeting in particular the Ultra High Net worth Individual (UHNI) segment, it said. The private bank will use the Societe Generale Private Banking brand worldwide, except for SG Hambros Bank, which will provide its services under the name Societe Generale Private Banking Hambros in the UK, Gibraltar, Guernsey and Jersey, the company said. Also, in Bahrain and Canada, the company"s services will be offered under the Societe Generale Wealth Management brand, it said. Societe Generale is one of the largest financial services groups in the euro-zone and employs 163,000 people worldwide.


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