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State Bank of Mysore extends 8% home loan scheme
State Bank of Mysore has extended its two 8 per cent home loan schemes till March 31, but has begun levying processing charges from this month, a source in the bank’s personal and services banking department said. The schemes were set to expire on November 30. generic levitra

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NIIT Tech's Q4 net down 15 per cent
Foreign exchange losses of Rs 22 crore in the quarter ate into the profits of Delhi-based NIIT Technologies, which posted a profit after tax (PAT) of Rs 26.3 crore for the fourth quarter ended 31 March, 2009, down 15 per cent from Rs 31 crore in the corresponding quarter last year.

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Cairn India may merge businesses
Cairn India, part of the UK-based Cairn Energy, said it would merge the oil and gas businesses of four of its subsidiaries with itself, a move that would improve administrative efficiencies.
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Panacea hits 5% upper circuit on Unicef order

Panacea Biotec settled up 5% at its upper circuit limit of Rs 183. The counter clocked a volume of 11,424 shares as against its two-week average trades of 19,885 shares. __________________________________________________________________ Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit Panacea Biotech has soared to its 5% upper circuit on a Rs 1,000 crore order from Unicef. The stock opened at its 5% upper circuit of Rs 183 and is currently locked at this level. Over 10,072 shares have been traded on the counter so far, with 20,822 buy orders pending. The stock has soared 17% in the past week itself. The company has bagged a three-year contract from Unicef for supplying its Easy-Five vaccine. The order is worth Rs 1,000 crore. The vaccine is used for immunising children against five diseases - Diptheria, Tetanus, Pertussis, Hepatitis B and Hemophilus Influenza.


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