After Modi's new-year announcement, banks cut lending rate by up to 0.9%
Uploading Date : 02-01-2017State Bank of India slashed interest rates to the lowest in about a decade, forcing rivals to follow suit in the fight for market share, a day after Prime Minister Narendra Modi urged lenders to broaden their focus to the vast range of poorly served borrowers from the poor to the middle class..............
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Toyota plans to challenge Maruti, Hyundai dominance with its 'safest' 'most-fuel efficient' small car
Uploading Date : 02-01-2017The Indian subsidiary of the world's largest carmaker, Toyota Motor Corporation, is planning to build India's safest small car, which the company claimed will be the most fuel-efficient and value-for-money for Indian car buyers, and challenge the might of Maruti SuzukiBSE 0.77 % and Hyundai Motor India in this space..............
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IL&FS Engineering Services bags Rs 242.5 crore road contract in Karnataka
Uploading Date : 31-12-2016IL&FS Engineering and Construction Company has bagged a road contract from Ministry of Road Transport & Highways, Government of Karnataka worth Rs 242.56 crore...........
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Specialty drugs to remain focus of pharma deals in 2017
Uploading Date : 30-12-2016A few years ago, Indian companies made acquisitions to expand manufacturing capabilities and increase their portfolio of generic drugs, which are copycat versions of branded medicines.........
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After government's nudge, banks set to slash interest rates in next few days
Uploading Date : 30-12-2016Nudged by the government, banks are poised to slash interest rates in the next few days as they move in lockstep with the administration to lift the spirits of borrowers following the dislocation caused by demonetisation and the 50 days sought by Prime Minister Narendra Modi come to an end..............
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Demonetisation: Deadline to deposit junked notes ends tomorrow
Uploading Date : 29-12-2016The 50-day deadline to deposit the old Rs 500/1,000 notes in banks comes to an end tomorrow but the cash crunch and queues before ATMs are likely to continue for some more time as currency printing presses have failed to meet the huge demand for new bills.............
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Government sanctions Rs 200 crore for Tirupur dyeing industry
Uploading Date : 29-12-2016The government today sanctioned Rs 200 crore to Tirupur dyeing industry which was on the verge of closure due to severe financial crisis. The industry was facing problems on account of their huge investments in the first ever Zero Liquid Discharge (ZLD) projects in the country, the textiles ministry said in a statement............
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FMCG firms want Nielsen to tweak sampling mechanism
Uploading Date : 28-12-2016Several consumer product firms have urged top market research firm Nielsen to revalidate its tracking system for two channels that now account for a significant chunk of their sales – cash & carry wholesale market and hotels & restaurants........
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