The Bajaj Fans is launching portable generator sets that run on LPG gas. A.S. Radhakrishnan, president of the fans business of the company, said the CNG version would also be available soon. The Kochi branch of Bajaj Electricals achieved a turnover of Rs.92.62 crore during the last fiscal, he added.
PNB introduces new schemes
The Punjab National Bank has launched two new deposit schemes, namely FCNR Premium Linked Deposit Scheme and NRE Rupee Flexible Deposit Scheme for the benefit of NRI customers. While NRIs get better returns by taking benefit of forward premium under the former scheme, the latter provides flexibility to the NRI customers, according to a press release. – Special Correspondent
Wipro's green initiative
KOCHI Wipro Ltd. has launched ‘@ Wipro We Cycle', an initiative that enhances the company's commitment towards a greener planet and healthy ‘Wiproites', at the Wipro Kochi Development Centre, says a communication.
CSB hikes interest rates
Thrissur-based Catholic Syrian Bank has increased the interest rates on domestic term deposits for various maturities between 1 to 5 years. Effective from January 12, the interest rates for 365-499 days' deposits has been raised up to 9.25 per cent. Deposits of 500 days will earn interest at 9.5 per cent. For deposits of 501 days to less than 60 months, the interest rate is 9.25 per cent. Deposits of senior citizens, under Acharya Deposits, will fetch an interest of 9.75 per cent for 365 days to 60 months, says a communication.
‘Tuk Tuk meter' launched
KOCHI: Kochi-based MindHelix Technologies has launched ‘Tuk Tuk meter', a mobile phone application that ensures fair fare while travelling in autorickshaws. This is a multi-platform application that can dynamically calculate the distance travelled using GPS and the fare due. The application runs on smart phones with Android, Blackberry or Symbian operating systems; there is no need for manual entry of distance or fare, says a communication.
Consultation at Dhathri diabetic polyclinic
Consultation on diabetic diet control has been introduced at Dhathri diabetic polyclinic in Kochi, says a communication.