Ola to give education loan to drivers
New Delhi
Taxi aggregator Ola has tied up with Neev Finance to provide easy school education for the children of its driver-partners as part of its reward-oriented programme, Ola Stars. This first-of-its-kind initiative allows loan options for driver-partners to cover the education expenses through affordable monthly instalments. Loans up to Rs 1 lakh can be availed from Neev Finance by any Ola driver-partner who has been associated with the company for a minimum six months. TNS
Panipat
Web portal to promote handloom biz
A city-based businessman has launched a web portal ‘www.panipatmandi.com’ incorporating all information regarding handloom products of different industries available in the domestic market. Navin Chawla, a local businessman who launched the portal, said, over 1,000 handloom suppliers and buyers had been enrolled on the portal. TNS
New Delhi
Punjab & Sind Bank logs Rs 98 cr Q4 profit
Punjab and Sind Bank has reported a profit of Rs 98.12 crore for the March quarter. It had posted a loss of Rs 70.24 crore during the corresponding quarter of previous fiscal. Total income during the quarter rose to Rs 2,302.27 crore as against Rs 2,234.90 crore in the year-ago period. TNS
