Tuesday, March 26, 2019

Latest News

Only 10% of women leaders see themselves becoming CEO: TimesJobs survey

  90% women leaders don’t see themselves becoming CEO Women are shattering the glass ceiling across industries and are proving their mettle in a male-dominated workforce....

Naresh Goyal steps down as Chairman of Jet Airways

As part of the Resolution Plan, the Lenders will provide an immediate interim funding support of INR 1500 crore to Jet Airways. Finding a sustainable...

Institutional investors invest over USD 4 billion across real estate segments...

Commercial real estate drew the lion’s share with USD 2.8 bn PE funds Institutional investors invested more than USD 4 bn funds across the country's...

Pearl Academy launches campus in Bengaluru

India’s leading institution in design, fashion and media, Pearl Academy, announced it's foray in southern India with the launch of its campus in Bengaluru. India’s...

NiYO partners with Upwardly to launch investment solution

The NiYO-Upwardly solution will target investors with annual incomes of $2,000 to $4,000 falling outside the purview of traditional banks and wealth management companies. In...

India’s need for Cyber Security Policy in public domain

With cyber inroads in today's networked world, the threats to cyber security have grown manifold. As we digitize, it will inadvertently lead to further...

Fortis partners with Phable for AI solutions

Phable supports over 18 major chronic ailments and uses AI to deliver personalised guidance to patients. Phable, India's first autonomous care start-up, announced its partnership...

Brickwork upgrades Filatex India’s rating to A-

The ratings upgrade will enable the Company to reduce cost of debt in both short term and long term debt. Polyester yarn manufacturer company Filatex...

Hyderabad International Airport commissions IDAT

Hyderabad International Airport now has a total of seven belts for domestic arrivals GMR led Hyderabad International Airport commissioned the Interim Domestic Arrivals Terminal (IDAT),...

Domino’s Pizza Bangladesh breaks global record in first week

Within its first week of operations in Bangladesh, Domino’s Pizza has witnessed a record number of orders that stands highest for the brand across...

RIL denies breaching US sanctions against Venezuela

Reliance not only has complied with US sanctions laws, but also has done its best to adjust its dealings with Venezuela on a voluntary...

Dish TV launches ‘All in One’ pack

Bharat Cricket Combo and Value Combo are available at INR 1,270 and 1,292 plus taxes for three months respectively Catering to the evolving needs of...

YuppTV bags digital broadcast rights for VIVO IPL 2019

Cricket fans in Australia, Continental Europe, Singapore, Malaysia, and Sri Lanka can catch all the action live on YuppTV YuppTV, the world’s leading OTT platform...

GoAir tops On-Time-Performance record

This is the 6th consecutive month where DGCA has ranked GoAir on top of the OTP chart. GoAir has once again recorded the best On-Time...

WoodenStreet targets expansion through Franchise model

About 90% of the Indian furniture market is unorganized and it is difficult for people to get customized furniture that can be adapted to...

Doubtbox raises investment from Brand Capital

  The strategic investment arm of the Times Group Media House, Brand Capital, has invested an undisclosed amount in the Kerala based Educational Technology startup...

Bajaj Finance Fixed Deposit get MAAA (Stable) rating from ICRA

MAAA ratings (stable) are considered as one of the highest ratings that are given to fixed deposit products of companies. Bajaj Finance Ltd, the lending and investment arm of Bajaj Finserv, is been accredited with ICRA’s MAAA (stable) rating and Crisil’s FAAA/Stable rating. These ratings indicate the lowest investment risk and highest safety for the investors. Along with the highest safety rating, Bajaj Finance Ltd offers many other benefits like the highest interest rates, a minimum deposit of Rs. 25000, flexible tenor and period payout options.

Bajaj Finance Ltd is offering interest rate up to 9.10% with a flexible investment tenor of 12 to 60 months. The company also offers a 15-month special tenor Fixed Deposit that offers 0.25% more than the ROI of a 12-month FD. Senior Citizen enjoys an additional 0.35% over the regular interest rate.


Ola operations banned for 6 months in Karnataka

Ola operations in the state of Karnataka has been banned by the transport authorities after the cab aggregator failed to comply with the order issued to withdraw all bike taxi services in Bengaluru. The state transport department has issued a letter to ANI Technologies, parent company of Ola, ordering it suspend all operations within three days. The letter was issued on March 18, 2019. Under the current order, Ola has to suspend all four wheeler cab services too for a period of 6 months.


Trend Micro on Indian market

India is an up-and-coming market for us, and presents a huge and strategic opportunity for our business. The key investment for us right now is in training our people; that’s why we have launched the new certification-granting program in IT security (CPITS) in India.

There is a big technology shift underway. Cloud infrastructure continues to evolve apace and security in the hybrid cloud environment is getting a lot of attention from our customers. We also see strong demand for endpoint detection and response (EDR) and managed detection and response (MDR) in India. We have invested heavily in all these areas.

Inputs from Mahendra Negi, Group CFO – Trend Micro.


Radha Rama Dorai, Managing Director – ATM and Allied Services, FIS

“ATM numbers have not been growing over the past one year. This is not a good situation, especially when the debit card issuance numbers are going up month on month and DBT dispensations are growing. The DBT beneficiaries need ATMs to withdraw the amounts so given by the Government. Some banks have initiated the process of upgrading their ATMs and reimbursing their service providers for the increased costs, while others are shutting down ATMs that are not profitable. Upgrading the ATMs for compliance is a long drawn out and logistically challenging process and one cannot expect full compliance across all the ATMs of the country, even by the end of this year. Various representations made by industry bodies to the Regulator and the Government for deferment or relaxation of deadlines, have not yielded substantive results so far.”


Fabindia launches Experience Center in Mumbai

The Wellness Center promotes healthy conscious living and encourages customers to interact with trained consultants on various aspects of health, lifestyle and well-being.The Fabindia Experience Center also offers an Interior Design Studio (IDS) a one-stop design solution to help create memorable spaces.

This is Fabindia’s second Experience Center in Mumbai and tenth in the country.

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