RBI to set up panel on development of housing finance securitisation market

The Reserve Bank of India, on Thursday, announced that it will soon set up a committee to assess the state of housing finance securitisation market in the country. The move is aimed at bringing in standardisation of asset securitisation practices to enable better management of credit and liquidity risks. The committee, which will be announced soon, will also study the best international practices, and lessons learnt from the global financial financial crisis. It will propose measures to further develop these markets in India by identifying critical steps required, such as…

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Delhi-Meerut Rapid Rail corridor gets UP Cabinet nod! Soon travel from Delhi to Meerut in just 60 minutes

The UP cabinet has approved the Delhi-Ghaziabad-Meerut RRTS project, which is the inaugural corridor of the RRTS system Delhi-Meerut Regional Rapid Transit System: Soon the citizens of Delhi and NCR will forget their long-distance travel woes! In a major development to the regional rapid transit system (RRTS), the Uttar Pradesh (UP) cabinet has approved the Delhi-Ghaziabad-Meerut RRTS project, which is the inaugural corridor of the RRTS system, according to a recent PTI report. The project aims at providing a speedy and pollution-free transit system, connecting the regional nodes of the…

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Shriram Transport Finance stock up 9% post-clarification on SVL loan matter

Shriram Transport Finance Corporation share price rebounded 9 percent after the company’s clarification note on SVL loan soothed investors’ sentiment. The stock had fallen 12 percent in previous session as investors had turned cautious of a guarantee of Rs 870 crore provided by the firm for its unlisted subsidiary. Shriram Transport Finance Corporation issued clarification note yesterday, saying SVL Limited, its promoters / promoter group, and its associates, have enough resources to honour the payment of this loan whenever due and payable has reassured the same. The company had given corporate…

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Jio Oppo Monsoon Offer: Jio’s New Offer Gives Users Benefits Worth Up to Rs. 4,900

HIGHLIGHTS Jio Oppo Monsoon offer is applicable between June 28 and September 25 Offer is valid only on Jio 198 and Jio 299 prepaid recharges All new 4G Oppo phones, except the Realme 1, are eligible Jio has announced a new offer for those buying an Oppo smartphone. Under the brand new Jio Oppo Monsoon offer, the telco is offering benefits worth “up to Rs. 4,900” though you may have to wait a long, long time for most of those benefits to get realised. The offer is being extended to both new and…

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Reliance Jio Oppo Monsoon offer: How to get up to 3.2TB of 4G data

Reliance Jio has launched a new scheme for customers purchasing a new Oppo smartphone. Under the scheme called “JIO Oppo Monsoon Offer”, the operator is offering up to 3.2TB of Jio 4G data and benefits up to Rs 4,900. The offer is available for all the Oppo phones. Both new and old Reliance Jio customers are eligible for the scheme. Reliance Jio will give you 3GB of data per day (for 28 days) with any of the Rs 198 or Rs 299 recharge denominations. To avail the maximum data benefit,…

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Vivo Nex S, Nex A With Pop-Up Selfie Camera, Up to 256GB Inbuilt Storage Launched: Price, Specifications

Vivo Nex S (left) and Nex A (right) HIGHLIGHTS The Vivo Nex S is the top-end offering The Nex A has the Snapdragon 710 SoC Both feature pop-up selfie cameras The Vivo Nex S and Vivo Nex A were launched in China as the company’s latest flagship smartphones on Tuesday. The Vivo Nex S is the premium model, and features a Snapdragon 845 SoC, 8GB RAM, up to 256GB inbuilt storage, and an in-display fingerprint sensor. The company claims the Vivo Nex S comes with the third-generation under-display fingerprint sensor that is claimed to…

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Samsung Galaxy A9 Star, Galaxy A9 Star Lite With Super AMOLED Displays Go Up for Pre-Orders in China

HIGHLIGHTS Pre-orders for the Galaxy A9 Star and A9 Star Lite has started Both the phones currently available only in China Both handsets come with 4GB of RAM Samsung has unveiled two new smartphones – Galaxy A9 Star and Galaxy A9 Star Lite – in China. Previously, there have been several rumours regarding the arrival of the handsets, along with their price and specifications. The company has started pre-bookings for both the smartphones, ahead of the launch on June 7, which was tipped previously. The key highlights of the Galaxy A9 Star and Galaxy…

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UP board result 2018: 82.7% students pass Class 12 exam in Noida, 81.5% for Class 10

In the Noida district, 16,381 students had appeared for UP board Class 12 examination 2018. Photo: AP Greater Noida: In Gautam Buddha Nagar of Uttar Pradesh, 82.7% of Class 12 students, and 81.5% of Class 10 students passed the UP Board examination, the results of which were declared on Sunday. In the district, 16,381 students had appeared for Class 12 examination. For Class 10, 20,741 students had appeared for the examination, P. K. Upadyay, district inspector of schools, said. ALSO READ | JEE Main result 2018: CBSE to declare IIT entrance scores…

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Raghuram Rajan, corporate leaders to set up Rs750 crore university

(Standing left to right in front row) R. Seshasayee, Sajjan Jindal, Vishaka Desai, Anand Mahindra and Raghuram Rajan during the announcement of Krea University in Mumbai on Friday. Photo: PTI Mumbai: Personalities such as Anand Mahindra, R. Seshasayee, Sajjan Jindal, and former Reserver Bank of India governor Raghuram Rajan came together on Friday to announce the launch of Krea University, which will focus on liberal arts and science courses. These leaders will be associated with the university either as members of the governing or academic councils. Around Rs750 crore will be…

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How to Bulk Up Your Business Portfolio for Future Clients

If you’ve noticed a lag in prospective customers to your business, perhaps you need a portfolio boost. Clients want to feel connected to the business that offers them their services and products. They want to feel like they are making the right decision by choosing your business to help them with whatever they need. And, without a doubt, these clients are going to peruse your portfolio to make sure your work is up to their standards. Therefore, to get new, interested clients, you should bulk up your portfolio a bit…

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