Oriental Bank of Commerce cuts MCLR by up to 15 bps

Oriental Bank of Commerce has decreased its marginal cost of funds-based lending rate (MCLR) by up to 15 bps across various tenors. The new rates will be in effect from 10.12.2019 till next review by the bank.

Punjab & Sind Bank releases wall calendar for 2020

Punjab & Sind Bank has released its wall calendar for 2020. It was released by Dr Charan Singh, non-executive chairman, along with S. Harisankar, MD & CEO of the bank. Govind N Dongre, executive director along with other directors and senior executives of the bank were also present on the occasion.

RTI at heart of Indian democracy, says CIC

Chief Information Commissioner (CIC) Sudhir Bhargava recently interacted with the heads and senior executives of public sector enterprises (PSEs) on a range of issues pertaining to recent provisions of the RTI Act and concerns in implementing the amended RTI Act. In his address to the PSEs, the CIC said RTI is at the heart of Indian democracy and it facilitates people's participation in governance. Director General, SCOPE, Atul Sobti, also addressed the gathering. 

Urology Society of India honours Dr Baldev Aulakh

Dr Baldev Singh Aulakh, urologist and transplant surgeon and chairman, Aykai Hospital, Ludhiana, was felicitated by North Zone Chapter of the Urology Society of India at its annual conference held in Noida recently. The conference was attended by over 300 urologists from various parts of country. Dr Aulakh has performed more than 18,000 kidney transplants, kidney stone, kidney cancer and prostate operations. 

Patel Hospital holds 7th edition of Head and Neck Forum

The seventh edition of the Head and Neck Forum on managing morbidity/courting controversy and 6th annual live head/neck surgical workshop was recently organised by Patel Hospital, Jalandhar.  The forum witnessed the presence of over 150 national and regional faculty leaders of global recognition, representing multiple primary and ancillary disciplines. Over 400 doctors participated in the event.

Dr Thaman delivers lectures at international conferences

Dr Dushyant Thaman, Director, Neurosciences, KD Hospital, Amritsar, was invited for lectures by two prominent associations namely AANISM-2019 (15th Asian Australasian Congress of the Neurological Surgeons, 68th annual conference of the Neurological Society of India and International Meningioma Society Congress) held in Mumbai from December 5 to 8. It was attended by over 14,400 neurosurgeons from across the world. Dr Thaman presented his work on brain tumours and chaired a session on neuro oncology.

Women in Aviation International supports global gender parity

Women in Aviation International (WAI), India Chapter, has called for skilling initiatives with particular emphasis on gender parity as a means to address the gender imbalance across job roles within the sector. In order to bolster this objective, the WAI recently launched a book "Champions of Change in Aviation”. The initiative has the support of the International Civil Aviation Organisation and the International Air Transport Association.

ICICI Home Finance unveils loan against property scheme

ICICI Home Finance Company Limited (ICICI HFC) has announces the launch of Loan Against Property scheme for self-employed individuals, automotive parts manufacturers, textile manufacturers, shopkeepers, kirana shops, dentists, traders and salaried individuals. The scheme can be availed by individuals having salaried income of Rs 84,000 per annum or more or by self-employed individuals having income of Rs 1 lakh or more per annum.

HDFC Bank holds mega loan mela in Mohali

HDFC Bank recently conducted a ‘Mega Loan Mela’ at its new office in Mohali. Three state ministers — Manpreet Singh Badal, Vijay Inder Singla and Balbir Singh Sidhu along with MLA Pargat Singh along with HDFC Bank managing director Aditya Puri were present on the occasion. This event is one of 1,000 mega loan melas that the bank will hold across the country. The first such mela was held in September.

Courtyard by Marriott checks into Amritsar

Courtyard by Marriott has inaugurated its property in Amritsar. It is the group's 18th property in the country. Located in the heart of the holy city, the hotel is committed to provide the best hotel experience so that guests can pursue their personal and professional passions while on the road. 

SBI announces YONO Shopping Festival 2.0

State Bank of India after its successful launch of YONO Shopping Festival last year on its comprehensive digital platform has announced the 2.0 version with an exclusive range of discounts, cashbacks and offers for its YONO customers. The YONO Shopping Festival 2.0 will commence from December 10 till 14. This festive season, the bank, in addition to its 17 e-commerce merchants including Amazon, Lifestyle stores, Thomas Cook, EasemyTrip, OYO, Pepperfry, and others, has brought explicit benefits on home and auto loans.

United Airlines starts non-stop daily flight to San Francisco

United Airlines has inaugurated its daily non-stop seasonal service between New Delhi and San Francisco. The flights will operate on a daily basis during the winter months and three times a week during the summer season. United Airlines is the first US carrier to operate between the two cities and it is the airline’s third daily non-stop service from India in addition to the existing daily year-round services from Mumbai and New Delhi to New York/Newark.

CII Foundation adopts 102 villages in Punjab, Haryana

CII Foundation has adopted 102 villages in Punjab and Haryana covering 1 lakh acres of farmland by engaging over 20,000 farmers for eco-friendly disposal of stubble. BPCL, Birlasoft, ONGC, Royal Enfield, CLP India, PTC India, Cummins, ReNew Power and industry body Society of Indian Automobile Manufacturers (SIAM) have contributed in this initiative through CSR. CII has provided more than 350 in-situ machines.

Max Life Insurance launches ‘Protect a Smile’ initiative

Max Life Insurance Company Ltd. has announced the launch of its unique initiative called ‘Protect a Smile’ wherein Max Life will fund one year’s education of an underprivileged child for every death claim it settles for its ‘Term Insurance Plans’ during the rest of the current financial year. Max Life will partner with AICAPD, a national level NGO working towards the uplift of children of economically and socially underprivileged and backward people. 

Auto-rickshaw aggregator Jugnoo forays into Hisar

Country's largest auto aggregator, Jugnoo, has launched autos and taxis in Hisar, providing an affordable and accessible mode of commuting to the people of the city. It has a fleet of over 50,000 autos and taxis across 50+ cities across the country. The users can avail flat 50% cashback on taxi and bike rides. 

OnePlus celebrates six years of success globally 

OnePlus has completed six years of its inception globally. Since its inception in 2013, the brand has witnessed a major success across regions worldwide, making it one of the most popular smartphone brands with its flagship devices. 

GK Group to develop affordable housing projects in Punjab 

Deepak Aggarwal of Mapple Group, Delhi, has committed to invest in Rs 500 crore in a joint venture with Ludhiana-based GK Group for developing affordable housing projects in Punjab. He recently inaugurated the first site office of the first affordable housing colony to be developed on Sirhind Road in Patiala. 

Hyve India holds largest paper fair ‘Paperex 2019’ 

Hyve India recently conducted the world’s largest paper fair “Paperex 2019”. A study on environmental issues relating to single-use plastic vis-à-vis packing paper was conducted. According to the study, the requirement of better quality packaging products and the demand for other paper are expected to drive the paper and paper products’ market in India. The current market size of single-use plastic in India is Rs 80,000 crore.

Drip Capital holds seminar for exporters in Karnal 

Trade finance firm Drip Capital recently organised a seminar in Karnal on the theme ‘The Invoice Finance Advantage: Collateral-Free Trade Finance made Easy by Drip Capital’. Hosted by Ranjan Dora, senior brand manager, Drip Capital, the event saw the presence of VK Sharma, deputy director, FIEO, among others.