Financial Daily from THE HINDU group of publications
Wednesday, Jan 11, 2006


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Money & Banking - Accidents

Fire damage

Vipin Chandran

The burnt objects inside the Federal Bank headquarters at Aluva, near Kochi, on Tuesday. A fire broke out on the fourth floor of the `Federal Towers' in the early hours of Tuesday destroying property worth lakhs of rupees. The fourth floor was housing the bank's Planning and Development wing, and all office records, computers and other equipment were gutted. The cause of the fire is reported to be electrical short circuit.

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