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”

Plum appoints Mukul Kanchan as its Head of Finance

Posted on July 4, 2022July 4, 2022Categories News   Leave a comment on Plum appoints Mukul Kanchan as its Head of Finance

Aims to create high value for all the stakeholders with ethics and always stay ahead of the game! Plum, an employee health insurance platform, has appointed Mukul Kanchan as its Head of Finance. Mukul has assumed charge from June 2022 and will be working closely with the founders to solve complexities as the business scales up at a faster clip. Mukul will support scaling the business with sustainability, building financial prudence and robustness, acquisition initiatives, and fundraising. He will also strengthen … Continue reading “Plum appoints Mukul Kanchan as its Head of Finance”

Bharat Forge successfully completes acquisition of JS Autocast

Posted on July 1, 2022July 1, 2022Categories News   Leave a comment on Bharat Forge successfully completes acquisition of JS Autocast

Bharat Forge Limited, along with its subsidiary, BF Industrial Solutions Limited (together referred to as “Bharat Forge”) today announced that it has successfully completed the previously announced acquisition of JS Autocast Foundry India Private Limited (“JS Auto”). The Enterprise Value of the transaction is Rs 489.63 Crores. This acquisition significantly enhances our capabilities and addressable market segments both domestically and in export markets, especially in niche industrial segments. This transaction also brings with it significant synergies that particularly strengthen Bharat … Continue reading “Bharat Forge successfully completes acquisition of JS Autocast”

Axis Bank partners with EazyDiner to launch Dining Delights, a premium dining experience

Posted on June 29, 2022June 29, 2022Categories News   Leave a comment on Axis Bank partners with EazyDiner to launch Dining Delights, a premium dining experience

·         Offers choice of over 10,000 premium restaurants across India and Dubai ·         40% discount on specific credit cards at hand-picked premium restaurants in India and Dubai ·         Customised birthday celebration offers for premium cardholders Axis Bank, India’s third-largest private sector bank, in partnership with EazyDiner, India’s leading table reservation, food discovery and restaurant payment platform, has announced the launch of Dining Delights, a unique and enriching dining experience for the Bank’s customers. The program will offer a host of benefits such as the option to … Continue reading “Axis Bank partners with EazyDiner to launch Dining Delights, a premium dining experience”

IIFL Wealth Management appoints Nikunj Kedia as Head of Products

Posted on June 29, 2022June 29, 2022Categories News   Leave a comment on IIFL Wealth Management appoints Nikunj Kedia as Head of Products

IIFL Wealth Management today announced the appointment of Mr. Nikunj Kedia as Head of Products at IIFL Wealth. Nikunj, who has been with IIFL Wealth since 2010, has been internally elevated to this role. He was instrumental in setting up the business in Kolkata, Chennai and Hyderabad besides being responsible for the offshore business based in Singapore.   New Delhi, June 29, 2022: IIFL Wealth Management today announced the appointment of Mr. Nikunj Kedia as Head of Products at IIFL Wealth. Nikunj, … Continue reading “IIFL Wealth Management appoints Nikunj Kedia as Head of Products”