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Punjab & Sind Bank seeks govt OK for IPO
Punjab and Sind Bank Ltd had sought government approval for its proposed initial public offer, a source close to the development said today.

3 Idiots to come under Maha govt scanner
Controversy continues to dog Aamir Khan starrer "3 Idiots" with the Maharashtra government today deciding to examine its content after the film reportedly inspired a ragging incident in a Mumbai medical college.

News of the day

GM moving on India roadmap with Chinese partners
General Motors, which has been in talks with its Chinese partners SAIC and Wuling for bringing their products to India, is likely to finalise plans on the type of vehicles and manufacturing road map soon.
Corporate

HCL inks 5-year deal with Dr Pepper Snapple

HCL Technologies today said it has bagged a five-year deal from US-based flavoured beverage producer Dr Pepper Snapple Group. - Indian energy and sports drink mkt to double in 2 years : Boston Analytics - Parle Agro looks to penetrate home consumption market for LMN - Krishnakumar appointed CEO of Coca-Cola"s beverages arm - Rasna to open 30 more Devil"s Workshop - HCL emerges best managed global outsourcing vendor - Jaipuria to exit APB-Pearl Under the agreement, HCL would provide IT application and infrastructure operations to DPS, HCL said in a statement, without revealing any financial details of the deal. HCL would assist DPS in the areas of application support and maintenance, end-user computing, integrated service desk and network management, the statement added. HCL would also provide managed print services for DPS which would be delivered through its partnership with Xerox. DPS is an existing client of the Indian IT firm. "With a customer like DPS, we continue to expand our leadership in our consumer packaged goods vertical and bring on new staff at our new facility in North Carolina," HCL America president Shami Khorana said.


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