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This is an archive article published on August 24, 2012

Briefly Business: Microsoft revamps logo ahead of major launches

Microsoft revamps logo ahead of major launches

Microsoft revamps logo ahead of major launches

San Francisco: Microsoft on Thursday unveiled a new corporate logo for the first time in 25 years as the US tech giant geared up for a series of big product launches.

UIIC launches insurance kiosk

New Delhi: United India Insurance Company (UIIC) has launched a touch screen kiosk that enables a customer to get a digitally authenticated online policy. This format would be available for motor,health,personal accident and overseas mediclaim policies.

Govt clears Disney’s R1K-crore proposal

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New Delhi: The government has cleared Walt Disney’s FDI proposal of Rs 1,000 crore to expand its operations in India. Besides,the FIPB cleared nine other FDI proposals amounting to about Rs 260 crore.

ATMs run out of cash on second day of bank strike

New Delhi: Several ATMs ran out of cash on the second day of the two-day strike which was called by the PSU bank unions.

IDBI Bank to raise $580 mn from overseas bonds

Mumbai: IDBI Bank has proposed to raise $580 million from overseas market this fiscal as part of its $1.5-billion overseas bond sale plan.

Real lending rates down,says RBI

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Mumbai: Real lending rates (net of inflation) have fallen to 3.8% in 2011-12,lower than the average of about 7% in the pre-crisis period of 2003-04 to 2007-08,when an investment boom took place,the RBI said.

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