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  • UNHCR airlifts 135 migrants detained in Libya
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  • Former Malaysian Deputy PM charged with money laundering and corruption
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  • Conclave on Capital Goods in Steel Sector in Bhubaneswar
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Muthoot capital services signs MoU with Suzuki Motorcycle

Kochi, May 12 (UNI) Muthoot Capital Services Pvt Ltd, part of the 128 year old Muthoot Pappachan Group, has signed the Preferred Financier agreement with Suzuki Motorcycle India Pvt. Ltd., the subsidiary of one of the world's leading two-wheeler manufacturers, Suzuki Motor Corporation, Japan.
Under the aegis of this tie-up, customers of Suzuki Motorcycle India Pvt. Ltd. will be able to avail vehicle finance related services from Muthoot Capital Services Ltd, one of the largest and most reputed Non Banking Finance Company (NBFC) in the country with its long and illustrious lending history, a release said here today.
The Memorandum of Understanding (MoU) was signed by Muthoot Capital Services CEO R Manomohanan, and Suzuki Motorcycle India Pvt. Ltd national head (sales and Planniing) Rakesh Kuimar here today .
The MoU would enable both Suzuki Motorcycle India Pvt. Ltd. and Muthoot Capital Services Ltd. to leverage on the inherent strength of each other’s vast network of over 800 touch points and 3800 financial services outlets respectively across India.
Speaking on the occasion, Mr Manomohanan, said, “Muthoot Capital Services Ltd is continuously expanding its operations in suiting the needs of all segments of customers through its various tailor made loan products. Suzuki Motorcycle is a great brand and by joining hands, we aim to take our services within arm’s reach of the customer, delivering value for money and making vehicle financing a hassle free and pleasant experience’’.
In his remarks on tie-up Mr Rakesh Kumarsaid, “At Suzuki Motorcycles, we always look at options to provide the best value to our customers and offer them the power of choice. This strategic tie-up is a step in the same direction. Muthoot Capital Services Ltd. offers innovative products and services at affordable rates, and we are hopeful of a good response from our dealers and customers.”
UNI CGV RJ 2333
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India ranks 58th out of 140 economies on Global Competitiveness Index 2018: WEF

India ranks 58th out of 140 economies on Global Competitiveness Index 2018: WEF

19 Oct 2018 | 7:39 AM

New Delhi, Oct 19 (UNI) According to the Global Competitiveness Report 2018 of World Economic Forum, India ranks 58th, up five places from 2017 out of 140 economies.

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19 Oct 2018 | 7:08 AM

The results demonstrate a strong correlation between competitiveness and income level.

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Conclave on Capital Goods in Steel Sector in Bhubaneswar

19 Oct 2018 | 7:05 AM

New Delhi, Oct 19 (UNI) Ministry of Steel is organising a Conclave on “Capital goods in Steel sector: Manufacture in India” in Bhubaneswar, Odisha, on October 23.

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Kottayam-Kochi Rubber Market Rates

18 Oct 2018 | 7:27 PM

Kottayam, OCT18 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR No Transaction
RSS FIVE No Transaction
ISNR TWENTY:No Transaction
SIXTY PERCENT LATEX: No Transaction
KOCHI
RSS FOUR No Transaction
RSS FIVE No Transaction
INTERNATIONAL RATES (BANGKOK)
RSS One 10899
RSS Two 10763
RSS Three 10639
RSS Four 10571
RSS Five 10469
KUALALUMPUR:- 9737(132.

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Minister instructs Mecon to expedite work on proposed Kadapa Steel Plant in Andhra

18 Oct 2018 | 6:38 PM

New Delhi, Oct 18 (UNI) Union Steel Minister Chaudhary Birender Singh has instructed MECON, the project consultant for the steel plant proposed in Kadapa district, to give its technical report to the Task Force immediately without waiting for any other details to be provided by the Andhra Pradesh government.

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