Human resource services firm Manpower Inc. has acquired 100% stake in its Indian subsidiary - Manpower Services India Pvt. Ltd from ABC Consultants for an undisclosed amount.

Pantaloon Retail India, a Future Group firm, has reported a 22 per cent rise in the net profit at Rs 36.18 crore for the second quarter ended September 30, 2008, as compared to Rs 29.69 crore in th

Republican Rep. Robin Hayes, who is locked in a closely contested House race in North Carolina, has also been criticized after telling a crowd Saturday that “liberals hate real Americans that work and accomplish and achieve and believe in God.”

At first, Hayes denied making the remarks, but he was forced to acknowledge them after an audiotape of the speech was produced. Clarifying his comment, Hayes said: “I actually was trying to work to keep the crowd as respectful as possible, so this is definitely not what I intended.”

Government has decided to restructure the equity capital of UCO Bank and Punjab & Sind Bank.

The Indian government holds the majority stake in both the Banks i.e. 74.98 percent stake in UCO Bank and 100 percent stake in Punjab & Sind Bank.

The total paid up capital of UCO Bank is approximately Rs. 800 crores out of which Rs. 250 crores will be converted into perpetual non-Convertible preference shares.