Religare Ipo Refunded

A PROBLEM HAS BEEN COME TO OUR NOTICE THAT THOSE WHO HAVE APPLIED FOR RELIGARE THROUGH INDIAINFOLINE.COM ONLINE ON 31 OCT

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i-flex Solutions - The Islamic Bank of Asia Selects i-flex's FLEXCUBE Islam

i-flex Solutions Ltd on November 02, 2007 announced that The Islamic Bank of Asia (IB Asia) will be implementing i-flex's FLEXCUBE® Islamic Banking Suite as the Core Banking Solution for its operations.

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Emergency...S&P cuts Pakistan s rating outlook

Standard & Poor's Ratings Services revised its outlook on the long-term foreign and local currency sovereign credit ratings of the Islamic Republic of Pakistan (Pakistan) to negative from stable. At the same time, Standard & Poor's has affirmed its 'B+/B' foreign currency and 'BB/B' local currency sovereign credit ratings on the republic.

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