The Telegraph
Monday , April 21 , 2014
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Student loans

Canara Bank has introduced Vidya Turant, a new loan scheme exclusively for students of certain elite educational institutes of India. Pramod Kumar, the bank’s deputy general manager (Ranchi circle), said the loan scheme provides online and instant loan sanction facility for students in 55 institutes. These include branches of Indian Institute of Management, Indian Institute of Technology, National Institute of Technology, as well as Indian Institute of Science (Bangalore), XLRI (Jamshedpur) and Indian School of Business (Hyderabad). Online applications will be processed and sanctioned online within 48 hours and will require no collateral security, Kumar said. Also, Indian School of Business students will get a loan up to Rs 30 lakh, while those of other institutes will get Rs 20 lakh each, the bank’s deputy manager said. Students have been invited to the branches of the bank for more information

Hatchback rev up

Tata Motors on April 11 launched the all-new Aria, the revamped version of its flagship hatchback that promises best-in-class features in space and comfort management, high-speed stability and safety and a powerful new engine. Ankush Arora, senior vice president (commercial), passenger vehicles business unit, Tata Motors, said: “Our core philosophy behind the launch of every new vehicle is anticipating what our customers need and blending it with the best-in-class technology and design engineering.” Ex-showroom prices start at 9.95 lakh in New Delhi. The vehicle comes with features including JBL Harman sound system and dual AC


Tata Docomo, the unified telecom brand of Tata Teleservices Ltd, on April 18 announced the launch of a unique bouquet of customised offerings under Stretch recharges for data needs of its pre-paid GSM subscribers. “Stretch” will cater to light and medium data users, who either end up wasting data in expensive monthly plans or use data on costly pay-as-you-go rates. “With proliferation of smartphones and growing popularity of social networking, data access is an integral part of communication needs,” marketing head Gurinder Singh Sandhu said

Helping hand for schools

Ispat Mahila Samaj, an organisation of spouses of SAIL employees, distributed on April 15 books and stationery to the students of Bal Siksha Kendra, a primary school for children of poor families residing around SAIL township in Ranchi. The school is managed by Ispat Mahila Samaj. The women’s outfit also runs an integrated mother and child health care unit in the area