A residential building collapsed in Delhi's Seemapuri area. Rescue operations are currently in progress to locate and assist any trapped individuals. The incident was reported in the early hours of the morning. The cause of the collapse is under investigation, and authorities have not yet confirmed casualties.
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An Indian Oil retail outlet manager was killed in an incident on Wednesday. The manager was attacked by unidentified persons while sealing a fuel pump in Haryana's Sonipat district. The sealing action was reportedly related to a dispute over the outlet's operations. Police have launched an investigation into the attack and are searching for the assailants.
Financial institutions are currently providing their most competitive home loan interest rates in recent years. This is occurring even after the Reserve Bank of India increased its benchmark repo rate. The trend is driven by banks holding significant surplus liquidity and competing aggressively for retail borrowers. Consequently, prospective homebuyers are finding favorable borrowing conditions in the market.
Indian electronics manufacturer Dixon Technologies has entered a joint venture agreement with Taiwanese firm Gemtek. The two companies will collaborate under a 60:40 ownership structure, with Dixon holding the majority stake. The partnership aims to design and manufacture telecommunications products for global markets. The joint venture was announced on Monday, according to a regulatory filing.
A plumber in Bengaluru has been accused of murdering an elderly couple using a screwdriver. The incident occurred on Monday at the couple's residence in the Nandini Layout area. Police allege the attack stemmed from a dispute over payment for plumbing work. The suspect was apprehended shortly after the crime following a complaint by the couple's son.
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