iQuippo, a Kanoria Foundation initiative, organised Paison Ki Nilami, a mega simulcast auction of interest rates for facilitating financing of infrastructure equipment that witnessed participation from more than 20 original equip-ment manufacturers and 1,100 equipment owners.The auctioning event, co...
The medical devices market in India is showing promising signs of growth. Medtronic, a leader in medical technology, services, and solutions, started its operations in India in 1979. As the company celebrates the fortieth anniversary of its Indian operations, BE’s Saptarshi Deb spoke to Madan Kris...
Arvind Lohi assumes charge as Zonal Head, Kolkata Zone of Bank of BarodaArvind Lohi has taken over as the Zonal Head, Kolkata Zone of Bank of Baroda. Post amalgamation of Dena Bank and Vijaya Bank, the zone is now having 467 branches spreading across 10 states and Union territories. Prior to joining...
Allahabad Bank opens 43 Kisan Pragati KendrasAllahabad Bank has launched project “NAVODAYA” encom-passing several customer centric initiatives. One of these is establishment of “Kisan Pragati Kendra” (KPK) for hassle free processing and sanctioning of high value investment credit to boost th...
Major players from the steel industry have approached the government to auction iron ore mining licences which are currently held by private miners. Licences for 334 mines, out of which 33 working iron ore mines with an annual production capacity of 55 million tonnes (MT), will expire in 2020 and ma...
The specially branded Steel Express had its inaugural run from Tatanagar marking the year-long centenary celebration of Jamshedpur. Through this branding initiative, the Steel Express, which will run between Tatanagar and Howrah, will exhibit the legacy, culture, and journey milestones of the steel ...
Will the falling automobile sales trigger an economic recession? First the US and now the European Union (EU) are facing the same problem. Automobile sales across the world are declining.Nearly every major automaker in the US reported weak sales for the first quarter of 2019. Rising vehicle prices a...
PU (Polyurethane) in terms of product quality, variety, and yield has been witnessing a promising growth. The Indian PU synthetic/artificial leather market size is expected to be valued at $8.14 billion by 2025, according to a new report by Grand View Research Inc.It is the largest product category ...
After Walmart’s $16 billion acquisition of Flipkart and Amazon’s $5 billion gain from India, the Narendra Modi government has announced changes in its policy for the e-commerce sector.The government has been controlling the ‘deep discount’ offered by various e-commerce players. Now it is att...
Allahabad Bank waives charges for RTGS & NEFT transactionsAllahabad Bank has decided to waive charges for RTGS & NEFT transactions undertaken by customers from July 1, 2019 to promote Digital Banking, in line with RBI decision not to levy such charges.National Award for SHG Bank Linkages con...