Saturday, January 5, 2013

SBI cuts auto loan charges

SBI cuts auto loan charges

SBI cuts auto loan charges

Posted: 05 Jan 2013 05:44 PM PST

State Bank of India has reduced processing charges on auto loans to a flat Rs 500 irrespective of the size of the loan. The bank has also decided to continue with its festival offer of lower processing fees on home loans, which was to end in December 2012.

Mahindra unveils two new motorcycles in 110 cc segment

Posted: 05 Jan 2013 07:56 AM PST

Domestic auto-maker Mahindra has forayed into the motorcycle segment with two 110 cc models.

Can't afford more showdowns: Obama

Posted: 05 Jan 2013 07:35 AM PST

Fresh from the long legislative fight to prevent a "fiscal cliff" of tax hikes and spending cuts, President Barack Obama warned on Saturday that the United States could not afford further budget showdowns this year or in the future.

Vodafone gets reminder on $2 billion tax dues

Posted: 05 Jan 2013 07:16 AM PST

British telecommunications carrier Vodafone Group Plc said on Saturday it has received a reminder from Indian tax authorities on disputed tax dues over its 2007 acquisition of Indian mobile assets.

UCO Bank seeks Rs.800 crore capital to fuel growth

Posted: 05 Jan 2013 05:05 AM PST

State-run UCO Bank has sought Rs.800 crore capital from the central government to fuel its growth requirements and boost capital adequacy ratio, a top bank official said Saturday.

Revenue dept sends reminder on tax liability to Vodafone

Posted: 05 Jan 2013 02:15 AM PST

The revenue department has sent a reminder notice to British telecom major Vodafone to pay taxes, estimated at around Rs 11,200 crore, for its acquisition of Hutchison's stake in 2007.
Posted by Harshad at 9:21 PM

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