CORP BANK HOMES TO FOCUS ON NON-METROS
Article Abstract:
Corp Bank Homes Limited (CBHL) plans to focus its activities in growing non metro cities. CBHL has an equity of Rs10 crore and it has an authorised capital of Rs25 crore. It is the housing finance subsidiary of Corporation Bank. It plans to get 70 percent of its business from individuals, 25 percent from financial institutions and 5 percent from builders and developers. It has drawn a plan to post a business turnover of Rs17,000 crore during 1998-99 and earn a net profit of Rs210 crore. (rk)
Comment:
Plans to focus activities in growing non metro cities & has an equity of Rs10 crore & it has authorized capital of Rs25 crore
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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METROS TO AVAIL OF CHOIS SERVICE SOON
Article Abstract:
Chois Technology (Cable-TV based Home and Office Interactive Services) will soon be introduced in major Indian metros. Innomedia Technologies, the developers of Chois, will launch the service in Chennai, Mumbai and Pune in 2-3 months and in other metros by the end of 1999. Customers will receive Chois interactive content, transmitted through cable operators, through the Chois pad - an Rs6,000 instrument that has to be installed at the premises. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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ALEX KURUVILLA TAKES OVER AS MTV MD
Article Abstract:
Mr Alex Kuruvilla has been appointed as the new managing director of MTV India. Mr Alex Kuruvilla will assume duties from April 1, 1999. He is replacing Mr Sunil Lulla, the former general manager of MTV India. Mr Kuruvilla will directly report to Mr Frank Brown, president of MTV Asia. (gs)(vr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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