Thousands transferred at SBI, many branches closed, yet no protest

India’s largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been transferred beginning this fiscal, but, strangely, there have been no major protests, top officials said. Several hundreds of offices would be closed and thousands of staff would be moved in… Continue reading Thousands transferred at SBI, many branches closed, yet no protest

City Union Bank Q1 net up 14% at Rs 140 cr

City Union Bank (CUB) has reported a net profit of Rs 140.32 crore during the quarter ended June 30, 2017, as compared to Rs 123.52 crore, a year ago, an increase of 14%. The bank is planning to seek shareholders approval for a Rs 500-crore Qualified Institutional Placement (QIP). N Kamakodi, managing director and chief… Continue reading City Union Bank Q1 net up 14% at Rs 140 cr

Dual-camera Lenovo K8 Note launched in India, priced at Rs 12,999

Chinese smartphone maker Lenovo on Wednesday launched the much-awaited ‘K8 Note’ in India at Rs 12,999 (3GB RAM and 32GB storage version) that comes with a dual-camera setup (13MP+5MP sensor with flash). The 4GB RAM and 64GB ROM variant will cost Rs 13,999. The device with first stock Android (7.1.1) has 13MP selfie camera that… Continue reading Dual-camera Lenovo K8 Note launched in India, priced at Rs 12,999

YouTube looks to double user base in India, take it to 400 mn from 200 mn

YouTube, the video platform of Google, said on Tuesday it expects its user base in India to double to over 400 million as more consumers, particularly in smaller towns and rural areas, get access to affordable internet that would help them access videos on their mobile phones. India has a base of more than 930… Continue reading YouTube looks to double user base in India, take it to 400 mn from 200 mn

UDAN scheme: TruJet to add 10 destinations with 7 aircraft

Hyderabad-based TruJet, one of the private airlines, which has bagged travel routes under UDAN (Ude Desh ka Aam Naagrik) scheme is planning to add 10 destinations with seven aircraft. The airline started operations in July 2015 and is currently catering to seven destinations with 16 flights. Antara Dey, spokesperson of the airline said that over… Continue reading UDAN scheme: TruJet to add 10 destinations with 7 aircraft

Sai Dharam Tej worked in ‘Nakshatram’ for free

Actor Sai Dharam Tej, who will be seen in a cameo in filmmaker Krishna Vamsi’s upcoming Telugu action-thriller “Nakshatram”, play his part for free out of his love and respect for the director. “Since it was a cameo and was something that got Sai really excited, he did not charge any fee for it. Krishna… Continue reading Sai Dharam Tej worked in ‘Nakshatram’ for free

Demand for ‘Baahubali’ superhero toys surprising: Designer

The popular characters Amarendra Baahubali and Bhallaladeva from S.S. Rajamouli’s “Baahubali” franchise can now be brought home in the form of figurines. Uday Bhaskar, the brain behind the idea, sees them as Indian superheroes. “We have always had toys based on popular superheroes. I wondered why not toys based on popular movie characters? They could… Continue reading Demand for ‘Baahubali’ superhero toys surprising: Designer