Friday, Mar 22 2019 | Time 14:38 Hrs(IST)
image
  • LS Polls: Rumors are rife that Prime Minister Narendra Modi may chose to contest from Bengaluru South in Karnataka
  • Two million sign petition calling for Brexit to be scrapped
  • Pitroda row: Cong says Modi, BJP should stop using individual’s personal opinion to spread venom
  • India GDP growth forecast for FY20 revised to 6 8% from previous 7%: Fitch
  • EC advocates 'self-regulation' in social media
  • Reference rate fixed at 68 6607 against USD
  • Ambassador of Maldives to India visits the City of Palaces
  • Prakash Raj (Rai), Devegowda grandson Prajwal file nomination papers
  • Prakash Raj (Rai), Devegowda grandson Prajwal file nomination papers
  • Gautam Gambhir joins BJP; pledges to live up to 'expectations'
  • Taking note of Pitroda remarks Jaitley makes 'Nikkamma' jibe on Rahul Gandhi
  • Gautam Gambhir joins BJP: Calls saffron party a 'fabulous platform' to serve India
  • Controversy over Pitroda remark; Cong in damage control mode, calls it personal view
  • More children killed by unsafe water than bullets
Business Economy


Kia Motors announces partnerships with 8 leading financial institutions to offer financial services

Kia Motors announces partnerships with 8 leading financial institutions to offer financial services

Hyderabad, Mar 7 (UNI) Kia Motors, world’s 8th largest automaker, on Thursday announced partnerships with India’s eight leading financial institutions to offer a bouquet of financial services to its stakeholders across the country.



The company signed a Memorandum of Understanding with top public sector banks, private sector banks and NBFCs -- State Bank of India, Bank of Baroda, Axis Bank, HDFC Bank, ICICI Bank, Yes Bank, Kotak Prime and Mahindra and Mahindra Financial Services Limited , which will further widen its reach in the market, the company said in a release here.



The Company recently announced the commencement of trial production at its state-of-the-art manufacturing facility in Anantapur, in Andhra Pradesh.



The company is all set to launch the much-awaited mid-SUV-SP2i in the second half of 2019 with an aim to be amongst the top five automakers in India within three years.



With a target of launching a new car every six months after the launch of the first product in India, Kia is planning to expand its portfolio to at least 5 vehicles by 2021.



Ahead of the launch of its first car in India, Kia is working aggressively towards establishing a strong sales and service network and the partnership with financial institutions will enable the company to offer a holistic Kia experience to its universe of its stakeholders.



Kia Motors India will offer a basket of lucrative schemes from multiple financiers to enhance its presence even in tier 2, 3 and 4 markets.



These partnerships are aimed at offering all Kia stakeholders, including dealer partners and customers, the best possible financial services and solutions in their respective geographies.



These partnerships will enable Kia to offer term loans, inventory funding and other credit solutions to dealer channel and tailor made retail finance to customers at competitive interest rates, and flexible loan tenures.



The partnership with India’s leading financial institutions will enable us to offer best-in-class term loans to our customers while also facilitating smooth inventory funding and access to credit solutions for our esteemed dealer partners,” Kia Motors India CEO and Managing Director, Mr. Kookhyun Shim said.

UNI KNR CS1712

More News

Caplin Steriles gets USFDA approval for Glycopyrrolate Injection

22 Mar 2019 | 2:11 PM

Mumbai, Mar 22(UNI) Caplin Point Laboratories said that Caplin Steriles Limited a Wholly Owned Subsidiary of company, has been granted final approval by the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Glycopyrrolate injection USP, 0.

see more..

Reference rate fixed at 68 6607 against USD

22 Mar 2019 | 2:03 PM

Mumbai, Mar 21 (UNI) The Financial Benchmarks India Private Limited (FBIL) on Friday fixed the reference rate at 68.

see more..
Sugar rates steady

Sugar rates steady

22 Mar 2019 | 1:34 PM

Kolhapur, Mar 22 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Friday to Rs 3,280/3,300 and Rs 3,180/3,200 per quintal respectively.

see more..

Alembic Pharma gets USFDA Approval for Azelastine Hydrochloride Ophthalmic Solution, 0 05 pc

22 Mar 2019 | 1:32 PM

Mumbai, Mar 22(UNI)Pharma Major, Alembic Pharmaceuticals Limited has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Azelastine Hydrochloride Ophthalmic Solution, 0.

see more..

Lupin launches generic Levothyroxine Sodium Tablets USP

22 Mar 2019 | 1:32 PM

Mumbai, Mar 22(UNI) Pharma major Lupin Limited (Lupin) has announced the launch of Levothyroxine Sodium Tablets USP, having received an approval from the United States Food and Drug Administration (FDA)
earlier.

see more..
image