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Maruti Suzuki India Ltd on Monday said it has partnered with ESAF Small Finance Bank to offer retail financing solutions for new cars, used cars, and commercial vehicles.
The two partners have signed a Memorandum of Understanding for the purpose, which will focus on offering easy and flexible finance options tailored especially for first-time buyers, the company said in a statement.
The partnership will leverage the combined network of Maruti Suzuki and ESAF Small Finance Bank across Tier II and Tier III cities to make vehicle ownership more accessible and convenient for a wider segment of customers, it added.
"Through this (partnership), we aim to further enhance financing options and flexible repayment solutions...," Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee said.
ESAF Small Finance Bank MD & CEO K Paul Thomas said, "This collaboration will help extend affordable and convenient mobility solutions to a wider customer base, particularly ..

The two partners have signed a Memorandum of Understanding for the purpose, which will focus on offering easy and flexible finance options tailored especially for first-time buyers, the company said

Omaxe acquires 260 acres on GT Road to build a modern township with residential plots, commercial spaces, and infrastructure in Amritsar

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The Yatra was temporarily suspended following the landslide, which resulted in the death of one person and injuries to two others

Incessant rains lashed Mumbai on Monday morning, inundating low-lying areas and disrupting road traffic, suburban trains and metro rail services, officials said.
The India Meteorological Department (IMD) has forecast cloudy skies with the possibility of heavy rainfall at a few places in the city and suburbs in the next 24 hours.
According to civic officials, the island city recorded an average rainfall of 95 mm, while the eastern and western suburbs recorded 58 and 75 mm rainfall, respectively, in 24 hours, ending at 8 am.
A high tide of 4.21 metres is expected at 3.31 pm, followed by another high tide of 3.44 metres at 3.31 am on Tuesday. A low tide of 1.86 metres will occur at 9.41 pm, while a low tide of 1.33 metres is forecast at 9.10 am on Tuesday.
The city and suburbs witnessed incessant rainfall, with intermittent spells of heavy showers that caused water-logging in several low-lying areas, officials said.
Suburban train services on the Central and Western Railway were also

According to civic officials, the island city recorded an average rainfall of 95 mm, while the eastern and western suburbs recorded 58 and 75 mm rainfall, respectively, in 24 hours, ending at 8 am

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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AI and Business: Navigating the opportunities and challenges

Business Standard TechTalk brings you an Insight Out discussion between industry experts on technology and the rise of AI

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