Wednesday , 22 November 2017
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ECONOMIC SCAN

Mahindra launches Jeeto Minivan

MUMBAI:  Mahindra & Mahindra Ltd announced the launch of Jeeto Minivan, its passenger carrier developed on the Jeeto platform, at a starting price of Rs 3.45 lakh (ex-showroom Mumbai for BSIV diesel variant).  According to the company, the minivan will be available in two body forms, namely hard top and semi hard top and three fuel variants of diesel, petrol and CNG.  The Jeeto Minivan is best suited for urban and semi-urban modes of transportation and will cater to the last mile connectivity, contract and stage carriage for tour/travel and intra-city people movement.   The Jeeto Minivan comes with a class-leading warranty of 2 years/40,000 kms (whichever is earlier) and the customers can choose from its three attractive colours of Sunrise Red, Ultramarine Blue and Diamond White.

SIDBI launches certified credit counselors programme

MUMBAI: Small Industries Development Bank of India (SIDBI) has launched a programme for Certified Credit Counselors (CCCs) for MSMEs. The programme was launched by S S Mundra, deputy governor, RBI in Mumbai on July 11.  Mundra underscored the importance of developing new tools and solutions for increasing the credit flow to MSME such as Udyami Mitra and Certified Credit Counsellor. He also expressed confidence that CCCs will develop as an important link between MSME loan aspirants and lenders.  The initiative is in line with recommendations of the Deepak Mohanty Committee.  RBI had brought out a discussion paper on CCC. Identified by RBI to act as implementing and registering authority, SIDBI has formulated the governance framework.

Defence secretary Sanjay Mitra visits GSL

PANAJI: The defence secretary, Ministry of Defence, govt of India Sanjay Mitra visited GSL on Wednesday. Mitra was briefed by RAdm Shekhar Mital, NM, IN (Retd), CMD GSL on progress of ongoing projects for Sri Lanka Navy and Indian Coast Guard which are under construction at GSL. Mitra was taken around the shipyard and also to both the Sri Lankan patrol vessel as well as ICGS SHAURYA. Commanding Officer Shaurya DIG DS Chauhan conducted him around the ship and apprised him of the advanced features of CGOPV with reference to older OPVs. Mitra took keen interest in ongoing construction of ships, R&D, innovation and 3D design being done by shipyard. CMD highlighted that shipyard has delivered all project on time in last 3 years. NT

 

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