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Hardayal Prasad is new MD and CEO of Srei Infra Finance

Mr. Prasad is a seasoned senior banker with over 36 years of experience

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

Tata Motors, India’s largest commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the country’s leading public sector bank to offer unique financing solutions for the purchase of the all-new Tata Ace EV – India’s most advanced, zero-emission, four-wheel commercial vehicle.

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

The partnership will introduce easy loan-structured schemes for the purchase of the all-new Tata Ace EV

BEML privatisation moves into phase 2

In January this year, the Central Government had invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers (BEML).

BEML privatisation moves into phase 2

Earlier, interested bidders were told to submit their EoIs on or before March 1. However, the Government recently extended the deadline for submitting preliminary bids till March 22.

Tata Motors, SBI join hands to offer financial solutions to CV customers

Tata Motors, India’s largest commercial vehicle manufacturer, has inked a three-year MoU with the State Bank of India (SBI), the country’s leading public sector bank, to offer unique financial assistance for the purchase of Tata Motors’ range of small and light commercial vehicles

SBI sanctions Rs 150 billion loan to MSMEs

State Bank of India has approved Rs 150 billion loan to MSMEs and disbursed Rs 87 billion

Shriram Automall ties up with SBI

Shriram Automall India Limited (SAMIL) has joined hands with State Bank of India (SBI). Under this alliance, Shriram Automall will cater to all the segments of the SBI, including pre-owned commercial vehicles, construction equipment, three-wheelers and two-wheelers.

CMPDI, SBI Capital in strategic cooperation

Central Mine Planning and Design Institute (CMPDI) signed an MoU with SBI Capital Markets for cooperation in areas of strategic business. A CIL statement said the MoU was for cooperation in areas of strategic business and commercial interest.

CIL chief hopes to exceed Rs 1 trillion revenue in FY14

Media reports quoted Narsing Rao, Chairman of Coal India (CIL) as saying that the firm, which posted a turnover of Rs 88,281 crore during 2012-13 hopes to achieve a 12-13 percent growth in the same in the current financial year. He reportedly expressed hope of exceeding Rs 100,000-crore turnover during 2013-14. There are only eight companies in India that are in the Rs 100,000-crore club

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