ŠKODA AUTO INDIA RECORDS 2022 AS THE ‘BIGGEST YEAR’ IN INDIA

Posted on January 2, 2023January 2, 2023Categories News   Leave a comment on <a><strong>ŠKODA </strong></a><strong>AUTO INDIA RECORDS 2022 AS THE ‘BIGGEST YEAR’ IN INDIA</strong>

›   Growth of 125% in annual sales over 2021 ›   Registers 48% growth in December 2022 over December 2021 ›   INDIA 2.0 heroes KUSHAQ and SLAVIA lead the charge into 2023 ŠKODA AUTO India ended 2022 with strong momentum, registering a growth 125% over 2021. Compared to 23,858 cars sold in 2021, the company reported annual sales of 53,721 units in 2022. The sales for December 2022 stood at 4,788 units, compared to 3,234 units sold in December 2021, resulting in a 48% increase in … Continue readingŠKODA AUTO INDIA RECORDS 2022 AS THE ‘BIGGEST YEAR’ IN INDIA

Inflection Point Ventures leads the early fundraising for Creanovation Technologies in the Edtech space

Posted on November 28, 2022November 28, 2022Categories News   Leave a comment on <strong>Inflection Point Ventures leads the early fundraising for Creanovation Technologies in the Edtech space</strong>

The 2.0 Million USD in funding for Creanovation Technologies in the Edtech sector is being led by Inflection Point Ventures. धne of the fastest growing digital transformation enablers, serving educational institutions – Creanovation Technologies Private Limited (CTPL), has secured 2 million USD, as a mix of dilutive & non-dilutive capital by Inflection Point Ventures (IPV) & Recur Club. Ankur Mittal, Co-founder & COO, Inflection Point Ventures said “CTPL is unlocking immense value for educational institutions by capitalising on the huge void … Continue readingInflection Point Ventures leads the early fundraising for Creanovation Technologies in the Edtech space

BYD India Inaugurates its Passenger Vehicle Showroom in Pune

Posted on November 24, 2022November 24, 2022Categories News   Leave a comment on <strong>BYD India Inaugurates its Passenger Vehicle Showroom in Pune</strong>

The world’s leading new energy vehicle manufacturer BYD inaugurated its passenger vehicle showroom in Pune, second showroom in Maharashtra Region. The showroom located in Naylor Road is run & managed by Bavaria BYD. The showroom was inaugurated by Mr. Vishal Agarwal, Dealer Principal, Bavaria BYD, Mr. Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicle Business, BYD India, in the presence of senior officials of BYD India, Bavaria BYD and customers. Bavaria BYD will provide access to BYD’s pure electric … Continue readingBYD India Inaugurates its Passenger Vehicle Showroom in Pune

Sa-Dhan – NextGen Tie-Up to “Build for Bharat” on financial inclusion

Posted on November 24, 2022November 24, 2022Categories News   Leave a comment on <strong>Sa-Dhan – NextGen Tie-Up to “Build for Bharat” on financial inclusion</strong>

Sa-Dhan, the largest and the oldest association of microfinance institutions and Delhi based fintech solutions provider NextGen join hands to bring digital micro finance solutions to millions of feature phone users, which is around 45 percent of the mobile phone using population and about 94 million beneficiaries under the MFI ecosystem.  “Micro finance institutions have their presence in over 600 districts in India and there is a need to bring in technology-based solutions to reduce the operational costs for these … Continue readingSa-Dhan – NextGen Tie-Up to “Build for Bharat” on financial inclusion

Ambuja Cement Foundation’s Industrial Training Institute at Chandrapur, Maharashtra recognized as Best Industrial Training Institute

Posted on August 23, 2022August 23, 2022Categories News   Leave a comment on Ambuja Cement Foundation’s Industrial Training Institute at Chandrapur, Maharashtra recognized as Best Industrial Training Institute

Managed by Ambuja Cement Foundation, CSR arm of Ambuja Cements, under its Skill and Entrepreneurship Development Programme The Foundation has imparted skill training to over 88,000 youth with a placement rate of 76% from rural and semi urban areas Ambuja Pvt. Industrial Training Institute, run by Ambuja Cement Foundation, CSR arm of Ambuja Cements, at Chandrapur, Maharashtra was awarded with the Best Industrial Training Institute (ITI) by the Directorate of Vocational Education and Training.  The Skill Development & Entrepreneurship Department, … Continue reading “Ambuja Cement Foundation’s Industrial Training Institute at Chandrapur, Maharashtra recognized as Best Industrial Training Institute”

Amara Raja Batteries reports 39% increase in Revenues over previous year in Q1 of FY23

Posted on August 8, 2022August 8, 2022Categories News   Leave a comment on Amara Raja Batteries reports 39% increase in Revenues over previous year in Q1 of FY23

Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major reported profit before tax of ₹ 176.96 Crores for Q1 of FY 23 which is a growth of 33% over the previous quarter. The Earnings per Share (EPS) for Q1 of FY 23 was at ₹ 7.70. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended     June 30, 2022 June 30, 2021 Revenue from operations 2,620.00 1,885.86 Profit before tax 176.96 167.04 The company witnessed robust demand in the … Continue reading “Amara Raja Batteries reports 39% increase in Revenues over previous year in Q1 of FY23”

Cashfree Payments launches GSTIN Verification to help businesses verify GSTIN of vendors and partners

Posted on July 28, 2022July 28, 2022Categories News   Leave a comment on Cashfree Payments launches GSTIN Verification to help businesses verify GSTIN of vendors and partners

●        In addition to GSTIN Verification, Cashfree Payments enables authentication of bank accounts, PAN, UPI, IFSC, and Aadhaar as part of its Verification Suite Leading payments and API banking solutions company, Cashfree Payments announced that it has launched GSTIN Verification as a part of its Verification suite. This feature is an addition to the authentication suite that allows verification of Bank accounts, Aadhar, PAN, UPI, and IFSC. Cashfree Payments’ GSTIN verification will enable businesses to verify the identity of vendors and partners in … Continue reading “Cashfree Payments launches GSTIN Verification to help businesses verify GSTIN of vendors and partners”

Residential demand in Bengaluru increased 18.8% QoQ while supply grew 6.7% QoQ, reveals Magicbricks PropIndex Report Q2, 2022  

Posted on July 19, 2022July 19, 2022Categories News   Leave a comment on Residential demand in Bengaluru increased 18.8% QoQ while supply grew 6.7% QoQ, reveals Magicbricks PropIndex Report Q2, 2022  

Average residential prices increased 1.6% QoQ Preference for bigger homes with 3BHK constituting 49% of the total demand and 43% of the total supply In Bengaluru, demand (searches) for residential real estate increased 18.8% QoQ, supply (listings) grew by 6.7% QoQ and average property prices increased 1.6% QoQ, revealed Magicbricks’ PropIndex Report Q2, 2022. Further, 3 BHK configurations dominated Bengaluru’s residential market, accounting for 49% and 43% of the demand and supply, respectively. Properties priced in the range of INR 5,000 … Continue reading “Residential demand in Bengaluru increased 18.8% QoQ while supply grew 6.7% QoQ, reveals Magicbricks PropIndex Report Q2, 2022  “

ACC’s DISHA helps create a better world by empowering communities

Posted on July 14, 2022July 14, 2022Categories News   Leave a comment on ACC’s DISHA helps create a better world by empowering communities

· Outreach programme to communities empowers them through employment, skill development · Trained and placed with jobs for more than 200 rural youth in 8 tribal villages in West Singhbhum District, Jharkhand ACC Ltd., one of India’s most innovative and sustainable cement makers, has been continuously contributing back to society and the community through various initiatives and outreach programmes. DISHA, which focuses on eliminating unemployment among people in host communities, covering automotive technician, electrician, life skills, sewing machine operator and picker & … Continue reading “ACC’s DISHA helps create a better world by empowering communities”

Bengaluru among the leading three Tier-I cities with maximum demand for health insurance: Just Dial Consumer Insights

Posted on July 14, 2022July 14, 2022Categories News   Leave a comment on Bengaluru among the leading three Tier-I cities with maximum demand for health insurance: Just Dial Consumer Insights

–  Demand growth rate for health insurance in Tier-II cities almost double of Tier-I –  Delhi, Bengaluru, and Mumbai were the leading three Tier-I cities with maximum demand for health insurance –         Demand for travel insurance jumps up by 44% on the back of international travel boom Demand for health insurance in India shot up by 321% post- Covid, with Star Health, Max Bupa, Aditya Birla, HDFC Ergo, and Acko dominating the leading five searched and sought-after insurance brands, according to … Continue reading “Bengaluru among the leading three Tier-I cities with maximum demand for health insurance: Just Dial Consumer Insights”

Honda Motorcycle & Scooter India appoints Kyndryl as technology partner

Posted on July 14, 2022July 14, 2022Categories News   Leave a comment on Honda Motorcycle & Scooter India appoints Kyndryl as technology partner

Agreement to elevate company’s IT Infrastructure for enhanced Security and Data availability Honda Motorcycle and Scooter India (HMSI) recently announced its exclusive collaboration with Kyndryl (NYSE: KD), world’s largest IT infrastructure services provider, to elevate its IT and security transformation journey across HMSI’s manufacturing plants. Currently, Kyndryl manages infrastructure services for plant production applications, enterprise and dealer management systems for all the dealers. Bringing operational efficiency with an agile and improved customer service experience, the company’s renewed alliance with Kyndryl … Continue reading “Honda Motorcycle & Scooter India appoints Kyndryl as technology partner”

Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group

Posted on July 13, 2022July 13, 2022Categories News   Leave a comment on Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group

India’s leading textile, apparel, retail and real estate conglomerate announced the appointment of Atul Singh to lead the Group, signalling a significant step towards creating a future ready organisation.  As Raymond is gearing to mark its centenary year in 2025 the company is on a transformation journey by strengthening its leadership by bringing in diverse experience on board. The Nomination and Remuneration Committee of Raymond Limited has recommended his appointment as Executive Vice Chairman to the Board of Raymond Limited subject … Continue reading “Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group”

CEAT launches ultra-high-performance tyre SportDrive in India

Posted on July 12, 2022July 12, 2022Categories News   Leave a comment on CEAT launches ultra-high-performance tyre SportDrive in India

CEAT Ltd., India’s leading tyre manufacturer has launched its ultra-high-performance tyre range – CEAT SportDrive and CEAT SportDrive SUV for the luxury segment in India. The product, first introduced in the European market in 2017, has been customized for Indian road conditions.     CEAT’s SportDrive range of tyres are specifically designed keeping in mind the requirements of luxury sedans and SUVs in the Indian automotive market. The carefully crafted SportDrive ensures superior control and comfort. Its asymmetric tread pattern with MRC … Continue reading “CEAT launches ultra-high-performance tyre SportDrive in India”

Epsilon Carbon signs Agreement with Anagha Refineries to set-up India’s first Molten Pitch Storage Tank facility

Posted on July 11, 2022July 11, 2022Categories News   Leave a comment on Epsilon Carbon signs Agreement with Anagha Refineries to set-up India’s first Molten Pitch Storage Tank facility

Targets revenue of over Rs 2200 crore (US$300 million) from this facility by FY27 Epsilon Carbon, India’s leading coal tar producer, has entered into an agreement with Sri Anagha Refineries to establish India’s first Molten Pitch Storage Tank facility in Managalore, Karnataka. This will be a first-of-its-kind molten Pitch storage facility with a tank capacity of 10,000 Metric Tonnes. The port facility will have a draft of 14 meters and will allow vessels up to DWT of 100,000 Mt to … Continue reading “Epsilon Carbon signs Agreement with Anagha Refineries to set-up India’s first Molten Pitch Storage Tank facility”

MedleyMed launches Ananda E-Clinic; transforms Pharmacies into Virtual Clinics

Posted on July 7, 2022July 7, 2022Categories News   Leave a comment on MedleyMed launches Ananda E-Clinic; transforms Pharmacies into Virtual Clinics

One-stop-shop solution for setting up a virtual clinic within a pharmacy store Medley Medical Solutions Pvt Ltd has announced the formal launch of its virtual clinics branded “Ananda E-Clinics”.  It’s a unique model that enables local pharmacies to offer virtual clinics and facilitate online doctor consultations with patients. Ananda E-Clinic follows an easy, quick, and simple format that allows it to be set up in every mid-size and large pharmacy as it requires just a kiosk space. From selecting the Doctors … Continue reading “MedleyMed launches Ananda E-Clinic; transforms Pharmacies into Virtual Clinics”

Muthoot Finance has positively impacted over 4.5 lakh people as part of their CSR initiatives in FY2021-22

Posted on July 7, 2022July 7, 2022Categories News   Leave a comment on Muthoot Finance has positively impacted over 4.5 lakh people as part of their CSR initiatives in FY2021-22

Muthoot Finance spent Rs. 81.14 Crores towards Corporate Social Responsibility (CSR) during Financial Year 2021-22  ·         Prioritized health, education, livelihood related needs of under-privileged and needy along with a special focus on green initiatives in their 2021-22 CSR book  Muthoot Finance, India’s largest gold loan NBFC Company has demonstrated its dedication to the socio-economic development of the society and touched more than 4.5 lakh beneficiaries under its CSR initiatives in 2021-2022. The company reported a total spend of Rs. 81.14 Crores … Continue reading “Muthoot Finance has positively impacted over 4.5 lakh people as part of their CSR initiatives in FY2021-22”

JK Tyre & Industries Ltd appoints Anuj Kathuria as President (India)

Posted on July 7, 2022July 7, 2022Categories News   Leave a comment on JK Tyre & Industries Ltd appoints Anuj Kathuria as President (India)

JK Tyre & Industries Limited is delighted to appoint Mr. Anuj Kathuria as President (India), reporting to Chairman & Managing Director, Dr Raghupati Singhania and Mr. Anshuman Singhania, Managing Director, based out of Delhi. Mr. Kathuria brings with him 31 years of rich experience, having worked in senior management positions in leading and reputed auto companies, i.e. Ashok Leyland and Tata Motors. An Engineer and a Post Graduate in Marketing & Finance, he is a Harvard Business School alumni. In … Continue reading “JK Tyre & Industries Ltd appoints Anuj Kathuria as President (India)”

IndusInd Bank partners with MoEngage to deliver a differentiated digital experience for its customers

Posted on July 6, 2022July 6, 2022Categories News   Leave a comment on IndusInd Bank partners with MoEngage to deliver a differentiated digital experience for its customers

IndusInd Bank announced a strategic partnership with MoEngage, the insights-led customer engagement platform to deliver a differentiated digital experience across multiple customer journeys. As part of the partnership, Induslnd Bank will leverage MoEngage’s technology platform to deliver ‘Gen Z’ digital banking experience to its customers. The Bank will be able to curate personalized content & recommendations across channels where the customers spend most of their time. Charu Mathur, Head – Digital Banking & Strategy, IndusInd Bank said, “IndusInd Bank has always … Continue reading “IndusInd Bank partners with MoEngage to deliver a differentiated digital experience for its customers”

Bengaluru among the Top 5 Tier I cities with maximum demand for tyres this monsoon; Online searches shot up by 51%: Just Dial Consumer Insights

Posted on July 6, 2022July 6, 2022Categories News   Leave a comment on Bengaluru among the Top 5 Tier I cities with maximum demand for tyres this monsoon; Online searches shot up by 51%: Just Dial Consumer Insights

–          Apollo and Bridgestone were the most widely searched brands in Bengaluru –          Demand for tyres in Tier II cities witnessed a growth rate of 67% –          Demand for four-wheeler tyres rose by 54% while that for two-wheelers remained stable Fueled by a high demand rate in Tier-II cities this monsoon, online searches for tyres in India have shot up by 51% with MRF, Apollo, and Bridgestone being the top-3 most searched brands, reports the latest Just Dial Consumer Insights. Consumer searches on … Continue reading “Bengaluru among the Top 5 Tier I cities with maximum demand for tyres this monsoon; Online searches shot up by 51%: Just Dial Consumer Insights”

Vietjet launches maiden flights to Fukuoka and Nagoya from Hanoi

Posted on July 4, 2022July 4, 2022Categories News   Leave a comment on Vietjet launches maiden flights to Fukuoka and Nagoya from Hanoi

*New flights’ ticket fares as low as US$17 Vietjet continues to expand its flight network post-Covid period by launching more direct routes from Hanoi and other cities. The carrier recently launched direct flights from Hanoi to Fukuoka and Nagoya in Japan. The new direct services will offer more convenient and affordable flight choices to travelers not only between Vietnam and Japan but also to Indian travelers. Launched during the July 2-3 weekend, the Hanoi – Fukuoka route operates thrice weekly … Continue reading “Vietjet launches maiden flights to Fukuoka and Nagoya from Hanoi”