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Federal Bank employees observe strike

Kochi, Mar 7 (UNI) A section of Federal Bank employees obsereved a day's strike here today without issuing notice.

A release said an employee of the bank was suspended in the Punalur branch of the bank yesterday for indecent, disorderly and unruly behaviour in the premises of the bank under the influence of alcohol and threatening and using filthy languages against the Branch Manager.

It was in this context that the employee was placed under suspension and the disciplinary action initiated by the bank was as provided under the service conditions.

The Union called for the unlawful and illegal strike for a day and raised certain issues camouflaging the real issue of suspension of the employee for his misconduct.

The Bank could not afford to tolerate indiscipline among the employees. The untowardly incident has caused inconvenience to many of Bank's valued clients and well-wishers.

UNI

NSE

Mumbai, Mar 8 (UNI) National Stock Exchange (NSE) and CRISIL today announced launch of IndiaBondWatch.com - an online corporate bond information and analysis portal Sponsored jointly by them, the website will facilitate and promote the development of markets for corporate bonds and securitised debt. A comprehensive online resource for information and analysis for these markets, it would be developed as a one-stop shop for all information on corporate bonds and securitised debt, the companies said in a joint statement. The site.....

Hrithik Roshan signs up with Acer for Brand endorsement

Mumbai, Mar 8 (UNI) Leading Notebook vendor Acer today announced that youth icon Hrithik Roshan will endorse their brands. Speaking on the occasion, Managing Director of Acer India W S Mukund said,''The tie-up with Hrithik is a natural fit with the personality of the brand that stands for youthful, trendy, friendly, adorable and aggressive. Brand association with Hrithik, a leading filmstar with a string of successes such as Krrish and Dhoom-2, will give us a better mindshare among the young& the.....

Optimix launches 'Multi Manager Equity Fund'

Mumbai, Mar 8 (UNI) Optimix today launched 'Optimix Multi Manager Equity Fund', which is an open-ended equity fund based on the MTM (Manage the Manager) process. Talking to mediapersons Ashwin Arora, Director, Optimix, said ''Our investment process (MTM) adds value and manages risk through active management across each stage of the investment process which includes selection and allocation of assets and selection of the third party investment advisors.'' It uses tactical allocation across asset classes to capture opportunities in changing market.....
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