Tuesday, June 18, 2019

Latest News

Federal Bank opts for TCS to improve customer experience

With the deployment of TCS’ Digital CASA Account Opening, Federal Bank has been able to improve the end to end turnaround time for account...

DAN Programmatic launches Vision

Vision is a hyper-scaled machine- learning-based dashboard that provides reliable and high-quality forecasts on the performance of programmatic campaigns. DAN Programmatic, powered by The Data...

Indian commercial real estate accounts for US$2.6bn inbound cross border investment...

India’s outbound capital into commercial real estate increased by 92% to US$0.7bn in 12 months to Q1 2019. Knight Frank, the independent global property consultancy,...

EI appoints Anand Dani as CBO

Considering the ed-tech sector is experiencing a similar transformation at the moment, EI aims to leverage Anand’s experience to gain significant market traction and...

Bounce raises $72 million in Series C round

The latest round takes the total capital raised by Bounce to over USD 92 MN, accelerating the company's growth in the mobility sector. Bounce, India's...

Housing for All is all set for a renewed lease on...

With Modi 2.0, we can expect further momentum for the real estate sector, which has been regaining ground in recent times – and this...

We have developed our own algorithm to validate borrowers credit worthiness:...

P2P lending platforms started operations in 2014 but remained an unregulated space till 2017, whereby, the Reserve Bank of India released the master guidelines...

Is Augmented Reality here to stay?

Augmented reality (AR) is another innovation that has very recently made a tremendous impact on both the tech industry as well as the pop...

Need to educate farmers to manage their finances: Minister Venkatrao Nadagouda

Only 2.8 lakh CA are serving in the agricultural sector currently and there is a need for more than 5 lakh CA in this...

Adani gets final approval for Carmichael coal mine

Adani Australia on Thursday received its final environmental approval needed to begin work on its Carmichael mine in Central Queensland. Speaking on the occasion Gautam...

Branded housing share increases to 56% of overall supply: Prashant Thakur

Real estate developers who have been operating for a decade and more, newly-formed entities of large conglomerates, and also those with sizeable areas under...

India ad spend to see double digit growth in 2019

Asia Pacific is the leading contributor to the global increase of US$20.9 billion in 2019 compared to the previous year, contributing 39% of the...

Payed launches EMI facility for school fees

Payed has secured angel funding from reputed investors & leaders from Education & Financial services industry, and a line of credit up to 100...

Little Einsteins preschool to foray into USA

The edu-tech start-up expands its footprint into USA Market and will set up initial centers in Minnesota & Texas. Edu-tech start-up Little Einsteins announced its...

Transasia Bio-Medicals launches blood donation app ‘SAVIOUR’

Donors are incentivized with personal goodwill points, based on the number of donations and lives saved. On the occasion of World Blood Donors Day, Transasia...

Most imperative expectation is to frame the National Rental Housing Policy...

Most imperative expectation is to frame the National Rental Housing Policy to meet Housing for All target: Dr. Niranjan Hiranandani New MODI 2.0 government is...

Honda Amaze crosses 1 lakh sales milestone

Honda Cars India announced that its All New 2nd Generation Amaze has crossed 100,000 sales mark in just 13 months since its launch in mid May 2018. This is fastest 100,000 sales numbers recorded by any new model launched by HCIL in India.

‘All New 2nd Generation Honda Amaze has been a game changer for HCIL achieving exceptional success with over 1 lakh sales in record 13months translating into 20% higher sales as compared to 1st Gen Amaze that was launched in 2013’ informed Rajesh Goel, Senior Vice President & Director, Marketing & Sales, Honda Cars India Ltd.

Miniso products now on Snapdeal

Snapdeal has launched Japanese low cost brand Miniso on its platform with over 150 Miniso products across categories like beauty, baby care, home furnishing, stationery, mobile accessories and decor along with popular products include towels, brushes, concealers, power banks, and storage boxes. The USP of Miniso is its low-products that come in the Rs 190 to 790 range on Snapdeal.

‘Snapdeal’s core strength lies in serving customers in the tier 2 and 3 markets. This will help us reach more customers deep in India’ says Siddharth Venkataraman, CEO of Acchakart, which handles online sales of Miniso in India.

Biocon Biologics Facilities receive EU GMP Certification

Biocon has received the Certificate of GMP compliance from EMA for its Biologics Drug Product (DP) as well as Drug Substance (DS) facilities at Biocon Park, Bengaluru. These facilities, used for the manufacture of Biocon’s portfolio of biosimilars, were inspected by the European agency in March 2019. This was a surveillance inspection of our existing DP and DS facilities and a pre-approval inspection of our additional DP manufacturing line. This certification will enable us to continue addressing the growing needs of patients in the EU markets and enhance access to our high quality biosimilars. We remain committed to global standards of quality and compliance.

StockHolding launches IFSC business at GIFT City

StockHolding Securities IFSC Limited (SSIL) has launched their IFSC business at GIFT City, India’s only operational International Financial Services Centre. SSIL has received SEBI registration as a Clearing member. An institutional player, SSIL has plans to offer such services as are permitted by the SEBI IFSC guidelines. SSIL will be offering its services to brokers being trading members at IFSC, their clients, foreign investors including Foreign Portfolio Investors and other eligible foreign investors and NRI’s.

Ramesh NGS, Chairman SSIL mentioned “Now that elections are over and that we have a stable Government in place, IFSC businesses at GIFT City will grow significantly & transform GIFT into a world class financial centre.”

StockHolding, with assets under custody of over USD 540 billion, is India’s Premier Custodian of securities offering tailor made solutions to its foreign and domestic clients.

 

 

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