New Delhi : Reserve Bank Governor Raghuram Rajan on Tuesday again surprised the markets and raised the key policy rate by 0.25 per cent to 8 per cent in a bid to curb inflation, a move that may translate into higher EMIs and push up the cost of borrowing for corporates. “…an increase in the […]
New Delhi : Karl Slym, Managing Director of Tata Motors, died in Thailand on Sunday. He was 51. According to sources, Slym accidentally fell off a hotel balcony in Bangkok where he was attending a meeting of the board of directors of Tata Motors Thailand. There is no official confirmation about the cause of death. […]
Mangalore: We are please to inform the Mangalore public and all fellowmen that Ideal ice creams manufacturers on innumerous Ice Cream product in our city as, announced by Mukund Kamath, MD of the well-known ice cream selling Company in city at a Press Conference on Tuesday December 10 here. Mukund told Press persons that his […]
Mangalore : Inaugurating the deliberations of the 60th All India Cooperative week, and Speaking on the occasion D.K minister B Ramanatha Rai recalled that he came up in life even as a minister, through the co-operative spear and he owes all his success to the co operative societies in the D.K. district. He was addressing people […]
Bangalore : Indian Overseas Bank, Bangalore Region disbursed 140 loans amounting to Rs 25 Crores during the first fortnight of launch of 100 Days Mission. To commemorate this event, Bank has today conducted a function to handover sanction letters of loans disbursal to the customers at the hands of Dr M Narendra, Chairman and Managing […]
Mangalore : Private sector lender Karnataka Bank ‘s first quarter net profit grew by 13 percent year-on-year to Rs 94.2 crore on higher other income, but bad loans increased further during the quarter that sent shares 13.6 percent lower intraday. Other income of the bank more than doubled to Rs 206 crore in April-June quarter […]
New Delhi : Petrol price was on Wednesday hiked by 70 paisa per litre, the fifth increase in rates in two months, and diesel by 50 paisa per litre on firming international oil prices. The increase in rates, which will be effective midnight tonight, are excluding local sales tax or VAT. The actual hike will […]
Mangalore : Deputy Commissioner N Prakash inaugurated a five-day Jute Fair, organized by National Jute Board under the Union Ministry of Textiles at Hotel Woodlands on July 31, Wednesday. Speaking after inaugurating the event, DC said that using jute will replace the use of plastic bags. Mr. Ayyappan, National Jute Board Marketing Promotion Officer said […]
New Delhi : Shri Ajai Kumar, Chairman & Managing Director of Corporation Bank presented a Dividend Warrant of Rs. 173,80,76,129/- to Shri P Chidambaram, Hon’ble Union Finance Minister in the presence of Shri Namo Narain Meena, Hon’ble Minister of State for Finance and Ms. Snehlata Shrivastava, Addl. Secretary, Department of Financial Services, Ministry of Finance […]
Mangalore : In a administrative move to augment coin shortage, the Milk federation has restructured the prices of Homogenized cow milk from Rs. 15:50 to Rs. 16:00 per 515 ml sachet, Curds from Rs. 8:50 to Rs. 9:00 per 215 Grm per sachet and Rs. 15:05 to Rs. 16:00 for 415 Grm sachet. The revised […]
