1. India’s largest bank State Bank of India has launched six digital branches across the country
as a part of its programme to offer next generation banking solutions to the mobile and internet-savvy customer base. These branches are located in Delhi, Mumbai, Bangalore, Chennai and Ahmedabad. One of such branches in Delhi was inaugurated this morning by Finance Minister Arun Jaitley Named as sbiINTOUCH, these branches will have digital banking capabilities, which include instant account opening with personalized debit cards, instant loan approvals for education, car and home and remote expert advisors available via video links. The new branches are equipped with interactive wall and table displays and multi-function kiosks.
2. Online restaurant search and discovery site Zomato has acquired Menumania.co.nz, a popular New Zealand-based restaurant discovery service for an undisclosed amount. This will help Zomato to increase presence in New Zealand as the combined entity will be the largest resource of restaurant information in New Zealand.
Zomato has been aggressively expanding its global presence with launches in Europe and Southeast Asia in the past six months though this is Zomato’s first global acquisition. Current the company is present in 41 cities across India, UK, UAE, South Africa, New Zealand, Philippines, Portugal, Brazil, Turkey, Indonesia, Sri Lanka, and Qatar.
3. Indian Oil Corporation has given AMK Sinha, the company’s Director for planning and business development, additional charge of the post of Chairman of the company. Sinha will also continue to discharge his function as Director, planning and business development in IOC and will take additional charge as chairman from 2nd July.
He has worked with IOC for 37 years and during his tenure he succeeded in establishing IOC as a petrochemical major with sales touching two million tonnes per annul.
4. India’s manufacturing sector has registered strongest growth in June since last five months, as per the Purchasing Manager Index (PMI) survey results published by HSBC. The Purchasing Manager Index (PMI) index, an important parameter to judge the performance of the sector, increased to 51.5 in June compared to 51.4 in May. Any reading higher than 50 indicates growth. The manufacturing output has increased for the eighth successive month and also growth of export orders has hit a three-month high.
5. After winning three medals in the ISSF World Cups in Munich and Slovenia recently, Indian shooter Jitu Rai achieved the world’s number one ranking in air pistol event as per the ranking published today. The 27-year-old army man is the seventh Indian shooter to have achieved this feat.
Earlier Indian shooters Anjali Bhagwat, Rajyavardhan Rathore, Gagan Narang, Manavjit Singh Sandhu, Ronjon Sodhi and Heena Sidhu are the others to have claimed the number one position in their respective events.
2. Online restaurant search and discovery site Zomato has acquired Menumania.co.nz, a popular New Zealand-based restaurant discovery service for an undisclosed amount. This will help Zomato to increase presence in New Zealand as the combined entity will be the largest resource of restaurant information in New Zealand.
Zomato has been aggressively expanding its global presence with launches in Europe and Southeast Asia in the past six months though this is Zomato’s first global acquisition. Current the company is present in 41 cities across India, UK, UAE, South Africa, New Zealand, Philippines, Portugal, Brazil, Turkey, Indonesia, Sri Lanka, and Qatar.
3. Indian Oil Corporation has given AMK Sinha, the company’s Director for planning and business development, additional charge of the post of Chairman of the company. Sinha will also continue to discharge his function as Director, planning and business development in IOC and will take additional charge as chairman from 2nd July.
He has worked with IOC for 37 years and during his tenure he succeeded in establishing IOC as a petrochemical major with sales touching two million tonnes per annul.
4. India’s manufacturing sector has registered strongest growth in June since last five months, as per the Purchasing Manager Index (PMI) survey results published by HSBC. The Purchasing Manager Index (PMI) index, an important parameter to judge the performance of the sector, increased to 51.5 in June compared to 51.4 in May. Any reading higher than 50 indicates growth. The manufacturing output has increased for the eighth successive month and also growth of export orders has hit a three-month high.
5. After winning three medals in the ISSF World Cups in Munich and Slovenia recently, Indian shooter Jitu Rai achieved the world’s number one ranking in air pistol event as per the ranking published today. The 27-year-old army man is the seventh Indian shooter to have achieved this feat.
Earlier Indian shooters Anjali Bhagwat, Rajyavardhan Rathore, Gagan Narang, Manavjit Singh Sandhu, Ronjon Sodhi and Heena Sidhu are the others to have claimed the number one position in their respective events.
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