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Silver prices crashMUMBAI: Silver prices crashed by Rs 240 per kg on the bullion market here today after the white metal fell steeply to ...

Silver prices crash

MUMBAI: Silver prices crashed by Rs 240 per kg on the bullion market here today after the white metal fell steeply to 4.65/4.68 per ounce in the global markets. Gold also eased due to poor local demand. Ready silver .999 fineness resumed sharply lower at Rs 7145, but recovered towards the fag-end on hopes of fresh rise in prices in the asian markets and closed at Rs 7160, still showing a sharp setback of Rs 240 over the last close of Rs 7400. Raw silver .999 fineness nosedived by Rs 255 to end at Rs 7040 from yesterday8217;s close of rs 7295. Tenderable silver declined to Rs 7165 from Rs 7405.

Stanchart ties up with Equifax

MUMBAI: Standard Chartered Bank has announced a tie-up with Equifax Venture Infotek Payment Services in India to offer credit card management services to local banks and institutions. Local credit card issuing banks will benefit through this co-branding arrangement from Stanchart8217;s experience in credit appraisal, customer service, marketing andbranding. The card issuer would also have the advantage of Equifax Venture Infotek Payment Services 8212; a joint venture between Equifax Inc of the US and Venture Infotek of India 8212; expertise in technology in credit card databases and operations.

AIPMA meet

MUMBAI: The All India Plastic Manufacturers Association AIPMA has organised the 4th national exhibition Plastivision India 8217;988217; at the NSE complex, Goregaon, Mumbai from December 4-8. Union minister of state for chemicals and fertilisers A K Patel will inaugurate the exhibition.

Over 300 exhibitors 8212; from petrochmicals, polymers, speciality chemicals, moulds and dies, ancillary equipment, processing machinery, consultancy services and printing 8212; and over two lakh visitors from all over the country are expected to visit the expo.

The association had earlier conducted three exhibitions 8212; two in Mumbai and one in Chennai. The last expo was held in Mumbai in 1995.