Tata Motors has appointed the country's largest lender, the State Bank of India (SBI) as an exclusive booking agent for Nano. The ambitious small car due to launch by Tata group soon, is expected to record decent sales.
The Chief Manager of SBI, Jayanta Kumar Sinha, said on Friday, "SBI has been selected as the sole booking agent for Nano."
However, Mr. Sinha refused to disclose details of deal between SBI and Tata and said that official announcement is likely to come in few days.
Presence of Slumdog Millionaire stars Dev Patel and Freida Pinto in a jeweller's shop on Valentine’s Day has strengthened rumors of increasing closeness between the two stars. 
Today a warning was extended to private airlines, which are hiking their airfares by forming cartels, by Union Civil Aviation Minister Praful Patel who announced that strict action would be taken against those indulging in such activities.
It has recently come to vision that investment of Rs 450 crore would be made by Areva Transmission & Distribution India in calendar 2009 in order to increase equipment-making capacity at its three new plants as also existing ones. The company may make further investments, if required.
The competitors have yet again been surprised by the State Bank of India (SBI), which earlier created hype in the home loan market and this time it has slashed interest rates on loans for new cars. Furthermore, SBI, the country's biggest bank has also reduced its lending rate against warehouse receipts for farmers. 
The industry has been requested by foreign minister Pranab Mukherjee to cut salaries instead of cutting jobs to fight the bad times of financial meltdown across the globe, which has led to major cut in jobs in recent past. 
