J&K Bank stops circulation of pre-2005 banknotes

SRINAGAR: In the context of Reserve Bank of India’s directions to the banks to phase out the banknotes issued prior to 2005, J&K Bank has directed all its business units to stop reissuing the pre-2005 currency notes, a spokesperson of the bank said. However, the bank shall be accepting the notes from the public till […]

Ford unveils Figo Concept compact sedan

SRINAGAR: Ford on Monday unveiled the global Ford Figo Concept sedan in India, a move aimed at strengthening the company’s compact car portfolio. With the global unveiling of the sub 4-meter concept car, Ford is aiming for a substantial presence in the B segment, which is expected to touch 2 million units annually in India […]