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Isha Ambani-Anand Piramal wedding to cost $100 million

Tuesday, December 11, 2018, 5:54 PM

Asia's richest person Mukesh Ambani's daughter Isha Ambani's wedding to billionaire Ajay Piramal's son Anand Piramal is reportedly estimated to cost $100 million (over Rs.718 crore). Over 100 chartered flights flew guests to and from Udaipur during a two-day pre-wedding celebration, reports added. Notably, Prince Charles and Princess Diana's wedding in 1981 cost $110 million in today's dollars.
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90 kg cake to celebrate KCR cakewalk in Telangana

Tuesday, December 11, 2018, 5:26 PM

The Telangana Rashtra Samithi (TRS) celebrated its President and Telangana caretaker Chief Minister K Chandrashekar Rao's election victory with a 90-kg cake at their headquarters. The cake features a car, which is the election symbol of TRS. K Chandrashekar Rao won from the Gajwel constituency by over 51,000 votes.
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SBI hikes MCLR by 5bps to 8.55% across tenures

Tuesday, December 11, 2018, 4:56 PM

State Bank of India (SBI) hiked its MCLR by 5 basis points (bps) across all tenures. The lender's one-year MCLR now stands at 8.55% while those for other tenures range between 8.55% and 8.75%. The move comes after HDFC Bank on Friday hiked its short-term MCLR by 5 bps to 8.40% 8.45% and 8.55% for the one-, three- and six-month tenures, respectively.

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