Dena Bank ties up with Maruti for vehicle financing

State-owned Dena Bank has tied up with Maruti Suzuki India for retail financing of vehicles in personal as well as commercial segments.
Ramesh Singh, Executive Director of Dena Bank, said the bank envisioned a sustainable growth in auto loan segment with this tie-up and recent introduction of dealers pay out scheme.
Dena Bank's share closed at Rs 35.65 on benchmark BSE, up 1.57 per cent over yesterday.
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Ionic MSM targets Rs 100 cr sale
* Wellness company Ionic MSM is targetting a sale of Rs 100 crore in the next two years and has launched its products on leading online platforms like Tatvam, Amazon, Snapdeal, Flipcart, Shopclues and Paytm.

For its pain-killing, healing and preventive properties, MSM is also known worldwide as 'Miracle Crystal', said Santosh Kumar Bagla, Chairman, Ionic MSM.

With a wide range of products in health care and personal and beauty care, the company is aiming to corner a big chunk of the Indian wellness market pegged at Rs 85,000 crore.
The company said the segment is poised to grow to Rs 1.5 lakh crore in the next three years.
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* Jaiprakash Power Ventures Ltd (JPVL) today announced the commencement of commercial operations of the third unit of its Bara super critical thermal power project.

"The third unit of 660 MW of the said project (Bara Super Critical Thermal Power Project) has successfully commenced commercial operation at 0.00 hours on May 26, 2017. Thus, 1980 MW BSTPP of PPGCL stands fully commenced," JPVL said in a filing to BSE.