State-run Union Bank of India today slashed interest on home loans to its base rate in select case. The new rates, which will be applicable to both existing borrowers on floating rates as well as new ones, will be able to avail of credit at the bank’s base rate of 10.50%, the city-based lender said [...]
Nearly 300 investors and industrialists from the districts of Ernakulam, Alappuzha and Thrissur districts attended at an investors meet on Friday. Source: Moneycontrol Business News
Wind turbine maker Suzlon Energy on Friday said it is in advanced stages to raise up to USD 300 million from new facilities to meet its FCCB (foreign currency convertible bonds) obligations in June. Source: Moneycontrol Business News
Pharma major, Dr Reddy’s Laboratories announced today that it has launched Clopidogrel tablets, USP, a bioequivalent generic version of Plavix in the US market. Source: Moneycontrol Business News
Maharashtra is in the process of preparing an exit policy for SEZ developers and then convert the surrendered land-banks into local industrial parks. Source: Moneycontrol Business News
Shantanu Dasgupta, Whirlpool of India, says that this summer season has played a spoilsport for the industry and he does not expect immediate turnaround for the industry. He is however confident of putting up a good performance in time to come. Source: Moneycontrol Business News
Big Bazaar director, Rakesh Biyani squashed the rumours of the division’s sale and told CNBC-TV18 that the unit is on a strong growth trajectory Source: Moneycontrol Business News
Honda Motor Co Ltd’s Acura brand is recalling 52,615 TL sedans from model years 2007 and 2008 in the United States to replace the power steering hose that could leak over time and potentially cause a fire Source: Moneycontrol Business News
MEDIAGENERAL:Berkshire Hathaway to buy Media General newspapers Source: Moneycontrol Business News
The oil ministry has sought cash compensation of Rs 49,000 crore from the finance ministry to compensate state fuel retailers for selling fuels at government-set cheaper rates in the Jan-March quarter, an oil ministry source said on Thursday. Source: Moneycontrol Business News