SBI cuts lending rates, home loans to get cheaper

SBI cuts lending rates, home loans to get cheaper

Country’s largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits. It also lowered interest rates on fixed term deposits across all maturities by up to 25 basis points, the […]

Ponzi scamster’s luxury cars gather dust in Bengaluru

Ponzi scamster’s luxury cars gather dust in Bengaluru

At least half-a-dozen vehicles, including two luxury cars of Ponzi scamster Mansoor Ali Khan have been gathering dust at police stations in the city, a police official said on Thursday. “Khan’s vehicles, including two sedans (Rover and Jaguar) were seized during raids on his offices, showrooms and other properties after his ponzi scam came to […]

Tough challenge for ArcelorMittal to complete Essar Steel buy

Tough challenge for ArcelorMittal to complete Essar Steel buy

After braving tough legal challenges to emerge as the successful resolution applicant for Essar Steel, the worlds largest steel maker ArcelorMittal might now face a tough challenge to go ahead with the buyout of a fully integrated steel facility in India amidst falling steel power and bleak outlook for the sector. Industry sources in the […]

Centre sensitive to slowdown in auto sector

Centre sensitive to slowdown in auto sector

The government is sensitive towards the slowdown in the auto industry, a senior Maruti Suzuki official said on Thursday. According to Maruti Suzuki Chief Executive Kenichi Ayukawa, the government is sensitive to the implications of the auto sector slowdown and is taking steps to reverse it. Ayukawa was addressing the annual convention of Society of […]

Kerala HC cancels life term of 8 accused

Kerala HC cancels life term of 8 accused

The Kerala High Court on Thursday cancelled the life term awarded to eight accused in the Paul Muthoot murder case, while the father of the victim said he would appeal against the decision in the Supreme Court. On August 21, 2009, Paul George Muthoot, then 32, was killed under mysterious circumstances near Alappuzha while travelling […]

Uttar Pradesh Travel Mart 2019 – 9 – 11 August 2019: Krishna’s Trail at Brajbhoomi

Uttar Pradesh Travel Mart 2019 – 9 – 11 August 2019: Krishna’s Trail at Brajbhoomi

By Mich Immelman  Invited by FICCI (Federation of Indian Chambers of Commerce and Industry) in partnership with Government of Uttar Pradesh, a group of approximately 60 international visitors from the travel industry (buyers) descended upon Uttar Pradesh, India on 8th August 2019. The event was the fifth edition of Uttar Pradesh Travel Mart 2019 which […]

Truecaller crosses 500mn downloads, 150mn daily active users

Truecaller crosses 500mn downloads, 150mn daily active users

Swedish caller identification app Truecaller on Wednesday announced it has crossed the 500 million mark in terms of downloads and now has 150 million daily active users globally. The 150 million daily active users achievement makes Truecaller the most used communication app in India after apps like WhatsApp and Facebook Messenger, the company said in […]