Business

SBI cuts lending rate by 10 bps to 7.90%

New Delhi,  The State Bank of India (SBI) on Monday announced a 10 basis points cut in one-year marginal cost of funds-based lending rate (MCLR), effective from December 10. It will bring SBI’s one-year MCLR down to 7.90 per cent …

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Vistara enters into codeshare agreement with Lufthansa

New Delhi,  Full-service carrier Vistara on Monday entered into a codeshare agreement with Lufthansa. In aviation parlance, a codeshare allows two airlines to sell seats on each others’ flights to provide passengers with a wider choice of destinations. Accordingly, Lufthansa …

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Walmart launches initiative to support MSMEs

New Delhi,  Retail major Walmart on Monday launched “Walmart Vriddhi Supplier Development Program”, an initiative to help MSMEs in India to enhance their capability and supply chain. Speaking at the launch event here Judith McKenna, President and CEO, Walmart International …

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High onion prices pare Goa tourist arrivals: Minister

Panaji,  Not the fall of Thomas Cook or the economic slowdown, for Goa’s Ports Minister Michael Lobo the cause of decline in tourist arrivals is the rising onion prices. “The tourist arrival in Goa is less this year. Indian tourists …

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Sitharaman invites suggetions on ‘GST Feedback Diwas’

New Delhi,  Finance Minister Nirmala Sitharaman has invited suggestions on simplifying of return filing process under the Goods and Services Tax (GST) regime as the central and state GST authorities have organised a nationwide ‘GST Stakeholder Feedback Diwas’ on Saturday. …

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Punjab CM seeks investment by Japanese companies

Mohali (Punjab), Punjab Chief Minister Amarinder Singh has urged the Japanese Ambassador to India, Satoshi Suzuki, to impress upon companies in his country to set up ventures in the upcoming mega industrial parks at Rajpura and Bathinda. The Japanese envoy called …

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Maruti Suzuki recalls 63,493 units of Ciaz, Ertiga, XL6

New Delhi,  Maruti Suzuki on Friday announced to recall 63,493 units of ‘petrol smart hybrid’ variants of Ciaz, Ertiga and XL6 models due to a likely issue with their motor generator units (MGU). In a regulatory filing, the company said: …

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Domestic production of edible oils inadequate: Paswan

New Delhi,  The domestic production of edible oils is not adequate to meet their demand in India and the gap between demand and production of edible oils is met through imports, said Minister of Consumer Affairs, Food and Public Distribution …

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Vodafone Idea to shut if it doesn’t get relief: Birla

New Delhi,  The country’s largest telecom operator will shut its business and move towards insolvency if it does not get any relief regarding the over Rs 40,000 crore adjusted gross revenue-based (AGR) dues it has to pay the Department of …

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Infibeam Avenues’ Digital Payment Platform CCAvenue enhances its Multi Bank EMI offering with the inclusion of Bank of Baroda’s EMI facility

Gandhinagar 5th December: With an aim to augment the revenue stream of its enormous merchant base, CCAvenue, Infibeam Avenues’ multi-channel payment platform, now offers Bank of Baroda’s EMI facility in its Multi Bank EMI offering. The inclusion of this new …

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