State Bank lowers deposit rates SME Times News Bureau | 07 Nov, 2009 The country's largest lender State Bank of India has lowered deposit rates by 25-50 basis points on amounts less than Rs.1 crore effective Nov 9.
Infosys Technologies, in association with Oracle, will offer managed services platform that will help companies streamline their human resource (HR) operations and reduce costs.
Sudha Murthy, wife of Infosys' Technologies co-founder N.R. Narayana Murthy, sold two million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), the company said Thursday.