Microsoft Corp., Hewlett-Packard Co. and Nike Inc. announced plans today to repurchase a combined $53 billion of stock after the bear market in US equities dragged down valuations.
Public sector lender Union Bank of India plans to expand its presence in north by opening 14 more branches this fiscal, besides targeting to attain total business of Rs. 3900 crore from Chandigarh circle in 2008-09.