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SBBJ revises BPLR to 12.5%

New Delhi, Feb 23 (UNI) State Bank of Bikaner and Jaipur (SBBJ) has revised its Bench mark Prime Lending Rate (BPLR) from 12 per cent per annum to 12.50 per cent per annum with effect from February 21.

However, the increase in BPLR will not affect all existing housing loan upto Rs 15 lakhs, educational loans, new educational loans upto four lakh rupees and crop loans upto three lakh rupees disbursed after April 1, 2006.

UNI

Shopper Stop, UK's Home Retail sign MoU

New Delhi, Feb 23 (UNI) Shoppers Stop Ltd and HyperCity Retail (India) Pvt Ltd today jointly signed a memorandum of understanding (MoU) with the UK-based Home Retail Group to develop the 'Argos' format of catalogue retailing in India with exclusive franchise from them. Yesterday, the company formed a joint venture with Nuance Group AG to bid for contracts to set up duty-free retail outlets in Indian airports. UNI.....

Five, including 2 from UP, killed in Kerala mishaps

Kochi, Mar 10 (UNI) Five people, including two men from Uttar Pradesh, were killed and nine people injured in two separate mishaps in the Ernakulam and Thrissur districts of Kerala today. Laloo, 27 and Bharat Yadav were killed when a car, being driven by a local college student, went out of control and hit the two at Chakaraparambu under Edapally police station in the city this afternoon. One more person, identified as Mohd. Kunju, 60, was also killed in the mishap,.....

Kerela Ayurveda sets subsy in Germany

New Delhi, Feb 23 (UNI) Kerala Ayurveda Pharmacy Ltd will establish a wholly-owned subsidiary in Germany to tap the healthcare related software business in Europe. The subsidiary is proposed to be named KatraSoft Europe Gmbh, a company statement said today. KAPL, a major force in health care is growing at a spectacular rate and some of its products are on the verge of being patented. UNI.....
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