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Centre sanctiones a company of India Reserve Battalion

Mysore, Mar 10 (UNI) Karnataka Director General of Police K R Sreenivasan today said that a company of India Reserve Battalion has been sanctioned by the Centre.

Speaking to media persons here he said that this battalion comprising of 1,000 personnel has been approved by the Centre and would be stationed at Munirabad near Koppal.

There was no dearth of technology for the police department and vehicles are provided to almost every police station in the state.

In remote stations, solar panels are created to have power for atleast nine hours a day for communication purposes and all police stations in the state are getting computerised.

Earlier speaking after receiving the salute at the passing out parade of the 26th batch of Gazetted probationers of Karnataka Police Academy here the officers should be geared up for any eventuality, however, utmost consideration should be given to the common man and the under privileged in society, he said.

The batch of 22 probationers comprised of 14 Deputy Superintendents, two Assistant Commandants and six Deputy Superintendents of Excise.

Srinath Joshi received the all round probationer award in the batch.

UNI

ICICI, Subhiksha launch food card

New Delhi, Mar 16 (UNI) ICICI Bank, India's second largest bank, in association with discount retail chain Subhiksha has launched Food Card, targeted as an alternate to meal allowances given to employees by companies. The pre-paid card will be accepted at all Subhiksha outlets and select restaurants. It is reloadable on monthly basis. The card is first being launched in Delhi and would soon be available in Mumbai, Hyderabad, Bangalore and Gujarat. Ms Shanta Vallury, Deputy General Manager, Corporate Payment.....

QVC Realty, venture fund real estate company launched

Bangalore, Mar 10 (UNI) Mr. Prakash Gurbaxani, well known serial entrepreneur and one of the pioneers of ITeS industry in India, today announced the launch of his new venture QVC Realty the first venture-funded Real Estate Company in the country. Mr. Gurbaxani, along with 10 members, will form the core management team of QVC Realty according to a release here. The company would operate in about 12 markets including Tier-I cities like Mumbai, Delhi / NCR, Bangalore, Hyderabad, Pune and.....

Zydus Cadila acquires Liva Healthcare

New Delhi, Mar 16 (UNI) Cadila Healthcare Ltd today acquired 97.5 per cent stake in Mumbai-based Live Healthcare, a mid-sized pharma company with a Derma focussed product portfolio, for an undisclosed amount. The all cash transaction will be funded through cash accruals and debt, the company said. With this strategic acquisition, the company establishes its presence in the Rs 1,500 crore derma segment which is the seventh largest therapeutic segment in the domestic pharma market, it added. The market.....
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