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First day, first show
Kiran and Shiv Nadar will throw open their collection of art this evening at the HCL Technologies campus in Noida. Kishore Singh gets a preview before the formal opening of this private art museum, the first of its kind http://smallpersonalloans.org.uk

PNB to open 100,000 biometric ATMs by 2013
The country’s second-largest public sector lender, Punjab National Bank (PNB), has bet big on rural customers in the Indo-Gangetic plains of Uttar Pradesh and Bihar. Keeping in sync with its target, the bank unveiled its plans to open 100,000 biometric Automated Teller Machines (ATMs) in rural areas by the year 2013 for providing easy access to the illiterate and semi-literate customers.

News of the day

Ashtavinayak lines up Rs 457-cr expansion
Shree Ashtavinayak Cine Vision, the film production company, plans to invest Rs 457 crore to expand its movie entertainment business.
Corporate

Suzlon Energy's three promoters pledge 2.8 cr shares

Wind power turbine maker Suzlon Energy today said its three promoters have, in total, pledged a further 2.80 crore shares, taking the total shares pledged by the company"s promoters to 28.28 per cent. - Suzlon sells 35% stake in Hansen - Suzlon subsidiary to sell 35% stake in Hansen - Suzlon opens wind farm in Australia - REpower"s H1 net profit rises 21.5% - Markets at a glance - VRL looking to exit its wind power business In a disclosure to the Bombay Stock Exchange (BSE), the company said its three promoters -- Brij J Tanti, Vinod R Tanti and Jitendra R Tanti -- have pledged in total 2.80 crore shares. The promoters pledged these shares on November 4, the disclosure said. "Post additional pledge of over 2.80 crore shares, representing about 1.80 per cent of the paid-up capital of the company, the total shares pledged by promoters or persons forming of the promoter group of the company stands at 28.28 per cent," the filing said. Shares of Suzlon Energy today closed at Rs 73, down 2.93 per cent from its previous close on the BSE.


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