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United Bank files DRHP with Sebi
Public sector lender United Bank of India (UBI) today filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for its initial public offer (IPO).

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Letters: Against the turn I
“Reverse swing at Kotla”, Dec 29, was a wonderfully argued piece. At a time when everyone is criticising the Delhi and Districts Cricket Association (DDCA) for producing an unplayable pitch, you have put things in perspective.

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IIM-A alumni's firms flock to campus to recruit for summer
Continuing their association with the Indian Institute of Management, Ahmedabad (IIM-A), the institute"s alumni picked up students for the ongoing summer placements through their companies. The alumni"s firms that returned to the campus included Edelweiss Capital and Feedback Ventures.
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'One billion dollar loan sought from WB for urban dev projects'

India has sent a proposal to the World Bank seeking a loan up to one billion dollar to fund its urban development projects here, Lok Sabha was informed today. "Ministry of Urban development has taken initiative to get World Bank assistance for Urban Sector projects," its minister of state Saugata Roy stated in a written reply to a question in the Lower House.


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