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LIC Housing Fin Q3 net up 14% to Rs 154 cr
LIC Housing Finance has posted a rise of 14.32 per cent in its net profit after tax at Rs 153.57 crore for the quarter ended December, 2009 compared with Rs 134.33 crore in the corresponding previous quarter. Its net sales during the period stood at Rs 833.61 crore against Rs 734.33 crore last year, up 13.52 per cent. http://smallpersonalloans.org.uk

LG India to spend Rs 500 cr on R&D and advertising this year
Electronics major LG India plans to invest Rs 500 crore on research and development activities as well as advertising home appliances this year.

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RAK scouts for Indian partners
Ras Al Khaimah (RAK), which is a part of the United Arab Emirates (UAE), is in talks with Indian companies to set up a maritime city, according to its Free Trade Zone (FTZ) chief executive officer Oussama El Omari.
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Railways to change land policy

The railway ministry is contemplating new policies for land acquisition, including job offers, for the displaced landowners, Railway Minister and Trinamool Congress chief Mamata Banerjee said in the Lok Sabha. - Bengal seeks firm rly plan on singur - Jagan joins TDP protests on Telangana - Cracks in Cong over Telangana out in the open - Insurance, pension bills face delay - White paper on Rly"s financial health likely on Dec 21 - PM, Cong brass assure non-Telangana MPs Replying to a debate on the supplementary demand for grants, Banerjee also said that her ministry was preparing alternative plans for projects so that if land was not available in a particular area, alternative sites could be used. Banerjee also said her ministry would save Rs 1,500 crore during the current financial year from the austerity drive initiated by the UPA government. The railway minister also feels it is better to delay a project for a few months than trying to forcibly acquire land. “What is the harm if a project takes two or four months more to start? We don’t want to force people to give up land. We don’t want to fight with people,” Banerjee said today.


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