Newsmen Business Desk

The SBI has offered a credit score based concessions of up to 20bps from 10 bps earlier, for a home loan of above Rs 30 lakh to Rs 2 crore across India, in an extension of its festive offers announced recently.

Speaking at the launch, MSME Minister Nitin Gadkari said, "Global footwear industry is valued at Rs 1.45 lakh crore. KVIC will generate immense demand for khadi footwear with its range of products."

Sensex was trading at 40,909.76, higher by 365.39 points or 0.90 per cent from the previous close of 40,544.37 at 10.42 a.m.

A SEBI order on Tuesday found, "It is necessary to adopt some urgent measures to safeguard the interests of minority investors/shareholders of PDL and protect the integrity of the securities market by ensuring that the proceeds of the Transaction are secured for the benefit of its investors."

The auto industry sets high expectation in the festive season, passenger vehicles benefits while two-wheelers and commercial vehicles struggle to get a foothold.