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IOB plans venture capital business
State-owned Indian Overseas Bank (IOB) is planning to foray into the venture capital business. http://smallpersonalloans.org.uk

Orissa clears Rs 30,000 cr investment proposals
The Orissa government today approved 16 investment proposals worth about Rs 30,000 crore, including the expansion plan of domestic major Aditya Alumina.

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Govt extends time period for incentive schemes
In order to give a boost to exporters, reeling under the impact of the global financial meltdown, the government today said that various schemes like DEPB that provide incentives to exporters would continue.
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Mamata's gratitude

Mamata Banerjee is so impetuous that it is hard to fathom her. A lady member of the Planning Commission recently cleared some railway projects. After that, she had gone to the prime minister, when she ran into Banerjee. Banerjee walked up to her and gave her a big hug. “Thank you for clearing my projects,” she said to the member, who was completely bemused.


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