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BEML, Syndicate Bank join hands for financing earth moving equipment

BEML, Syndicate Bank join hands for financing earth moving equipment

BEML and Syndicate Bank, one of the oldest and leading public sector bank, have signed a memorandum of understanding (MoU) for financing Earth Moving & Construction Equipment manufactured by BEML.......

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Lakshmi Vilas Bank planning to raise Rs 188.16 crore

Lakshmi Vilas Bank planning to raise Rs 188.16 crore

Lakshmi Vilas Bank is planning to raise Rs 188.16 crore by allotting 4.99 percent of its shares at Rs 112 apiece on a preferential basis to Indiabulls Housing Finance.Earlier, the private sector lender......

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AU Small Finance Bank reports 50% growth in loans in Q4FY19

AU Small Finance Bank reports 50% growth in loans in Q4FY19

AU Small Finance Bank has reported 50% growth in loans and 42% growth in PAT of Q4 FY19. Q4 FY19 Disbursements crossed Rs 5,000 crore mark.AU Small Finance Bank is a small finance bank (SFB) that has recently......

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Kotak Mahindra Bank launches debit card-based e-mandate

Kotak Mahindra Bank launches debit card-based e-mandate

Kotak Mahindra Bank has become the first lender to go live with both debit card and net banking- based electronic mandates on NPCI's e-Mandate API platform. This capability will enable customers to create......

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Sunteck Realty planning to raise funds through various means

Sunteck Realty planning to raise funds through various means

Sunteck Realty is planning to raise funds by way of debt or equity or any other convertible securities etc. and through Qualified Institutional Placement (QIP), Follow-On Public Offer (FPO), American depositary......

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SBI launches

SBI launches 'SBI green car loan' scheme for electric vehicle

State Bank of India (SBI) has launched 'SBI green car loan' (electric vehicle) scheme which provide a discounted loan for buyers of electric vehicles pricing 20 basis points lower than its existing......

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Lux Industries evaluating options to complete merger of J.M. Hosiery, Ebell Fashions with itself

Lux Industries is in the process of evaluating various options to complete the merger of J.M. Hosiery & Co. and Ebell Fashions with the company and expect it to be completed as soon as possible......

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Syndicate Bank enters into MoU with BEML

Syndicate Bank and BEML have signed a memorandum of understanding (MoU) for financing Earth Moving & Construction Equipment manufactured by BEML. Under the MoU, BEML will nominate Syndicate Bank......

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Vodafone Idea inks pact with SonyLIV

Vodafone Idea has entered into partnership with SonyLIV, a premium video on demand service by Sony Pictures Networks India, to offer its customers content across genres in Hindi and English. The offering......

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DoT floats draft proposal on 4G spectrum to MTNL, BSNL

The Department of Telecom (DoT) has sent a draft cabinet note on 4G spectrum allocation to Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) and implementation of voluntary retirement scheme......

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RBL Bank, Wirecard expands partnership to promote financial inclusion in India

RBL Bank and Wirecard have expanded partnership to promote financial inclusion in India. This partnership will make digital payment and banking transactions more readily accessible to all Indian citizens,......

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Karuturi Global's arm receives 15,000 hectares of land for agricultural activities

Karuturi Global's (KGL) subsidiary -- Karuturi Agro Products Plc. has been granted 15,000 hectares of land for agricultural activities. Earlier in October 2017, the company had been conducted land lease......

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Datamatics Global Services partners with TechniSMART Solutions

Datamatics Global Services has entered into strategic partnership with TechniSMART Solutions to further expand foothold in the UK & European markets for its RPA product, TruBot. The partnership......

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Tejas Networks reports 23% rise in Q4 consolidated net profit

Tejas Networks has reported results for the fourth quarter and year ended March 31, 2019.  The company has reported a rise of 32.33% in its net profit at Rs 35.86 crore for the quarter ended March......

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Maruti Suzuki's Alto becomes best-selling passenger vehicle model in India in 2018-19

Maruti Suzuki India's Alto has become the best-selling passenger vehicle model in India in 2018-19, leading the pack of the auto major's models that grabbed seven places in the top 10 list.As per the Society......

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