Friday, May 24, 2019

Latest News

DocOnline partners with Okira to provide affordable healthcare in West Bengal

The National Sample Survey (2014) found that 86 percent of rural population was not covered under any scheme of health expenditure support. DocOnline, a Hyderabad...

What real estate wants from the Modi government

The real Estate sector is cheering the return of the BJP government and expects the continuation of the numerous progressive measures undertaken by the...

Home Credit offers long term financing for Nokia smartphones

The limited period offer is aimed at providing freedom to customers who wish to purchase a premium Nokia Smartphone ata financing tenure of 24...

Reliance Capital to sell stake in RNAM

Reliance Capital will receive proceeds of approx. Rs. 6,000 crore (US $ 860 million) through sale of its shareholding to Nippon Life Insurance at...

Real estate sector has every reason to cheer: Anuj Puri, Anarock

Historically, no other government has done as much for the real estate sector. Billions of Indians have given their verdict and the real estate sector...

Health Canada approves Biocon and Mylan’s Ogivri

Ogivri is the first trastuzumab biosimilar approved in Canada and the second biosimilar from Biocon and Mylan’s joint portfolio approved in the market. Biocon Ltd....

NDA’s win to double institutional investments in real estate to US$...

For the residential segment, RERA has played a level-playing field among homebuyers and the developers. People of the world’s largest democracy have given their...

Lowe’s acquires retail analytics platform from Boomerang Commerce

The platform provides a retail analytics solution that processes product and pricing datasets to convert them to insights and actions. Lowe’s Companies announced it is...

Automation to make future workforce more competitive: TimesJobs Survey

52% HR professionals believe that the future workforce may have less humans. TimesJobs has released the findings of its latest survey that went into envisioning...

TPL Q4 sales up by 28% at INR 331.71 crore

The Board of TPL has recommended a dividend of 10% for the year 2018-19 up from 5% in the previous year an increase of...

HPL Electric and Power Q4 net profit at INR 12.6 crore

Revenue from Operations for the quarter grew by 12.1% from 314.6 crore in Q4FY18 to 352.5 crore in Q4FY19. HPL Electric and Power, an established...

UVA Darden partners with McGowan Fund

By 2030, the Fund expects to have invested more than $20 million through the McGowan Fellows program toward the development of principled leadership. The University...

Heritage Foods FY19 revenue up by 5.95% at INR 2514.75 crore

FY19 PAT was at Rs. 82.59 crore, as compared to Rs. 62.73 crore in FY18. Heritage Foods Ltd., one of the leading private dairy players...

Cummins India FY19 net sales up by 12% at INR 5526...

Domestic sales in the current quarter at ₹992 crore grew 22% over the same quarter last year but declined 3% over the preceding quarter. The...

Ramco Systems FY19 net profit up by 45%

Highest ever quarterly order bookings in Q4 at USD 32.57 million. Ramco Systems, a global enterprise software company focusing on Next Generation Cloud ERP, announced...

PPAP Automotive Q4 net profit down by 49.9% at INR 7.06...

Revenue from operations down by 22.3% at 99.13 crore. PPAP Automotive Limited, a leading manufacturer of automotive sealings systems, interior and exterior automotive parts in...

YES Asset Management launches NFO

YES Asset Management (India) Limited (YES Asset Management), a wholly owned subsidiary of YES BANK, announced the launch of its second NFO YES Ultra Short Term Fund.

The Fund is an open ended ultra-short term debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 3-6 months. NFO opens for subscription on May 24, 2019 and closes on June 06, 2019.

Microsoft Surface now available on EMIs

Microsoft Surface devices will now be available across premium retail stores in India for customers with EMI options. Through this initiative, Microsoft aims to make the Surface line of devices become more affordable to everyone. This affordability initiative extends to the latest Surface devices such as Surface Pro 6, Surface Laptop 2 and Surface Book 2. Additionally, the Surface Go is being launched in select premium outlets by Microsoft’s authorized Distributor HCL Infosystems Limited. Citibank will offer additional limited period cashback till June 30th, 2019 to all Citibank credit card customers in India on purchase of Surface devices shipped within India.

Apart from making the Surface line-up more affordable, Microsoft also announced offline retail availability of the recently launched Surface Go, Microsoft’s smallest and most affordable Surface device yet, to make the device more accessible to everyone. Surface Go is now available inCroma, Reliance Digital, Vijay Sales, and other select retailers in India.

Pebble launches user-friendly power bank

Pebble announced the launch of the advanced and well designed ‘ACE 10000mAh’ Ultra-Slim Power Bank.

Equipped with the USB Type C Port, the power bank can recharge the device itself, and coupled with the Micro USB input it fully charges even faster. Engineered with cutting edge technology, the Power Bank, features Grade A+ High Density 10000mAh Lithium Polymer Battery Capacity. The Power Bank also comes with a USB Port so that one can charge any other device with its cable.

The Power bank supports advanced 10-way circuit protection system, that upholds against overcharging and short circuits keeping the devices safe at all times. The product is already available with leading retail and ecommerce stores in India at a special launch offer price of INR 1499/- only.

Rapoo launches wireless keyboard and optical mouse combo

Rapoo, a leader in Wireless peripheral technology, has launched its latest performer ‘X1810 Wireless Keyboard and Mouse Combo’ at INR 1599.

Rapoo X1810 Combo provides stronger and reliable connection with no delays or dropouts. The mouse and keyboard automatically pairs with the receiver even in the busiest wireless environment. The Combo is easy to use and reliable plug-in Nano receiver that can adjust in any workspace.

The product with 3 years warranty is already available with leading retail and ecommerce stores in India.

Michelin launches Primacy 4ST tyres in India

MICHELIN Primacy 4ST tyres respond to the customers’ need forlong lasting performance with exceptional braking results from new until it is worn (down to the level of the tread wear indicator) even when tested in the most demanding wet conditions.

‘Several Michelin patented technologies have been combined to provide this range with veryhigh performance levels due to a new rubber compound and tread pattern that has been optimized to offer a high performance levels at the end of the tyre’s life’ informed Mohan Kumar, Executive Vice President Michelin India.

SBI YONO partners with Sri Sri Tattva

State Bank of India (SBI) announced a strategic partnership with the FMCG arm of The Art of Living – Sri Sri Tattva. Under this partnership, YONO users can avail flat 15% discount on entire range of 350+ products offered by Sri Sri Tattva such as food, personal care, healthcare, homecare, BYOGI apparels and Shankara skincare products.

‘Sri Sri Tattva will make YONO’s online marketplace richer with product portfolio in the organic, wellness and Ayurvedic domains, giving SBI customers formidable shopping experience’ informed Rajnish Kumar, Chairman, SBI.

JLL leaps up Fortune 500

JLL announced today that it rose 167 spots to #189 on the prestigious Fortune 500 list, which ranks the largest U.S.-based companies by total revenue for their respective fiscal years. The jump makes JLL the second biggest mover on the list. JLL’s annual total revenue reached a record high of $16.3 billion in 2018.

‘Our significant movement up this year’s Fortune 500 list is a tremendous honour and pays testament to our unwavering commitment to teamwork, ethics and excellence’ said Christian Ulbrich, JLL CEO

Yes Bank

Appointment of Additional Director on the Board of the Bank by Reserve Bank of India (RBI)

In continuation of the Bank’s earlier intimation dated May 14, 2019 in relation to the captioned subject, we warmly welcome the appointment of Mr. R. Gandhi to the Board of  YES BANK by RBI under Section 36AB of the Banking Regulation Act, 1949. This is a very positive and constructive measure aimed at further strengthening the Board. This will not impede the smooth, independent and effective functioning of the Bank in any way. RBI is supportive of a strong and successful YES BANK and we stand committed to serving the best interests of all our stakeholders.

MEHUB collaborates with Venture Catalysts

Mumbai based media startup incubator, MEHUB kick-starts its operations by collaborating with VENTURE CATALYSTS, India’s leading early stage Angel Investor network for startups. The collaboration is aimed to bring investment and growth expertise for the potential portfolio companies that the pioneering incubator MEHUB will take under its wings.

‘MEHUB is a well researched venture where we are committed to not only grow businesses but raise budding entrepreneurs’ informs Varun Mathur, co -founder, MEHUB

Itel A46 smartphone launched at INR 4,999

Itel, one of the leading mobile brands from TRANSSION Holdings, launched a fully loaded all-rounder smartphone, itel A46 at INR 4,999 in India.

The smartphone is a complete package for consumers providing cutting edge technological features like enhanced AI Dual Camera, Dual security features – Multifunction fingerprint sensor and Face Unlock, 13.84cm (5.45) HD+ IPS full screen, Dual 4G VoLTE, latest Android™ Pie 9 OS and 2GB RAM memory.

Gainwell awarded LEED Platinum

Gainwell Commosales Private Limited, the authorised dealer of Caterpillar equipment for north and east of India, Nepal and Bhutan, has been awarded LEED® (or Leadership in Energy and Environmental Design) Platinum,the highest level of certification, by the U.S. Green Building Council for UNNATI, the magnificent integrated northern facility at Greater Noida.

‘As we celebrate 75 years of rich experience creating infrastructure, providing mobility and serving the energy needs of the people of the country, we are proud to be recognized for our efforts to make the earth sustainable for the future’ informed Sunil Chaturvedi, Chairman and Managing Director, Gainwell.

Microsoft announces ‘Week of AI’

Microsoft has announced the launch of a specially curated online Artificial Intelligence (AI) program aimed at enabling the developer community and workforces across organizations across India to harness the power of AI. To be held from May 27- May 31 2019, the program will comprise a series of workshops to help participants build their skills and expertise in cloud computing, data sciences, AI and IoT. Additionally, it will also offer insights into the latest trends in AI across the world.

The sessions will be addressed by data scientists and AI experts from companies such as Flipkart, Reliance Jio, and InMobi that are leading the way in transforming their businesses and the industry with technology.


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