Weekly Flashback: Top News That You Might Have Missed

Published : 29 December 2023

By : Sachin Gupta

Tata Motors bags order from UP State Road Transport Corporation

Tata Motors received an order to provide 1,350 units of diesel bus chassis from the Uttar Pradesh State Road Transport Corporation.

Bandhan bank to sell Rs 775 cr home loans to Arcil

Bandhan Bank is selling its portfolio of affordable house loans for ₹280 crore in cash to Asset Reconstruction Company India (Arcil), which is funded by Avenue Capital. The transaction brings to light the financial strain experienced by lower-class consumers who are unable to repay the ₹10–12 lakh loans they took out to purchase homes.

L&T wins over Rs 5,000 cr order in Saudi Arabia

Larsen & Toubro has been selected as the Amaala project's turnkey engineering, procurement, and construction contractor to set up several utilities and renewable energy-producing systems in the Red Sea area of Saudi Arabia.