The country's largest lender SBI will conduct a customer outreach programme next week to address their queries and seek suggestions to improve services.

The 'Mega Customer Meet', to be held on Tuesday, is expected to engage with 1 lakh bank customers across 500 locations through 17 local head offices across the country.

The government has put top consultancy firm EY to work for divesting its stake in flag carrier Air India and "quickly" issue expression of interest (EoI).

"EY continues to be the transaction advisor for the sale of Air India. We have been directed to close the accounts for FY 2018-19 and provide updated data for EoI to take the disinvestment process forward," said a senior Air India official.

Commercial vehicle major Ashok Leyland Friday reported 12.12 per cent decline in net profit at Rs 652.99 crore for March quarter, 2018-19.

The company posted a profit of Rs 743.12 crore for the same period of 2017-18.

NewSpace India Limited (NSIL), the commercial arm of Indian Space Research Organisation (Isro), was officially inaugurated in Bengaluru on Thursday. NSIL's main objective is to scale up industry participation in Indian space programmes.

NSIL was inaugurated by Isro's honorary adviser, Dr K Kasturirangan in the presence of chairman Dr K Sivan.

New Delhi: Five years after the Modi tsunami decimated the Opposition, the Congress in particular, it returned with a greater force on Thursday to finish off whatever remained of the adversary. Prime Minister Narendra Modi’s charisma and magic virtually turned India into a “lotus garden” with the final tally by Thursday evening coming close to the NDA’s “Mission 350”.

The BSE Sensex on Thursday jumped more than 1000 points to hit the magical 40000-mark on a bout of initial euphoria over the general election results but thereafter retreated because of profit-booking.

The BSE Sensex on Thursday jumped more than 1000 points to hit the magical 40000-mark on a bout of initial euphoria over the general election results but thereafter retreated because of profit-booking.At the end of the day, the benchmark index fell 298.82 points, or 0.76 per cent, to end at 38811.39 points.

Revival of ailing telecom public sector firms, 5G technology trials and a new round of spectrum auction will be among the top priorities for the new government.

Some of the crucial decisions have been pending owing to the general elections for the past few months.

Tata Motors Finance Solutions has extended a loan of `40 crore to Ola Fleet Technologies, the cab-leasing subsidiary of Ola, according to documents sourced from business signals platform paper.vc. The loan amount will be used for the purchase of Neo electric vehicles by the company on commercial registration, the documents showed.

MUMBAI: Construction major L&T on Thursday bought shares worth about ₹44.16 crore of Mindtree through open market transactions.

According to the bulk deal data available with the NSE, the firm bought over 0.45 million shares, at an average price of ₹979.91 a share.

Paytm Payments Bank Limited (PPB) Thursday said it has turned profitable within its second year of operation, reporting a profit of Rs 19 crore for the financial year 2018-2019. PPBL claimed to lead mobile banking transactions with over 19 per cent market share as of March 2019.

“Nearly a third of the total mobile banking transactions in India are powered by PPB and it processes over Rs 3 lakh crore worth of digital transactions on an annualised basis,” the company said in a statement.

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