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Hiring activity may see upward trend in Q3
Hiring activity is likely to see an upward trend in the third quarter of the current fiscal year, especially in sectors like infrastructure, manufacturing and services other than IT.

Lloyds Banking Group to cut nearly 400 more jobs
British state-controlled bank Lloyds Banking Group (LBG) said today it will axe nearly 400 jobs at a call centre in the south of England.

News of the day

ADB plans to use $700 mn to combat climate change
The Asian Development Bank (ADB) plans to channel around $700 million from two new investment funds to its developing member countries as part of a broad global initiative to help developing countries meet the cost of actions needed to combat climate change.
Small Business

Syndicate Bank Q3 net dips 42% to Rs 206 cr

Public sector lender Syndicate Bank today said its net profit declined by 42.27 per cent to Rs 205.72 crore for the third quarter ended December 31, 2009, over the same period last fiscal. - Sona Koyo back in black with PAT at Rs 6.89 cr - JK Cement Q3 net up 62% pc to Rs 46 cr - Oil India posts 23.5% jump in Q3 net at Rs 717 cr - GNFC Q3 profit almost halves to Rs 59 cr - KSK Energy Q3 net loss at Rs 4.91 cr - Tulip Telecom Q3 net up 38% to Rs 69 cr Total income declined to Rs 2,676.94 crore for the latest quarter against Rs 2,758.52 crore for the same period previous fiscal, Syndicate Bank said in a filing to the Bombay Stock Exchange (BSE). For the nine months ended December 31, 2009, the bank posted a net profit of Rs 645.09 crore against Rs 706.18 crore for the same period last fiscal. The bank earned an interest of Rs 2,455.54 crore for the third quarter ended December 31, against Rs 2,532.60 crore for the same period a year ago.


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