Saturday, February 23, 2019

Latest News

F-Secure wins best production Awards

  F-Secure nets two AV-Test best production awards in one go F-Secure has won its sixth and seventh AV-Test Institute’s Best Protection Award. The accolades re-affirm that businesses and...
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ICICI Foundation to reach the milestone of training 5 lakh individuals...

ICICI Foundation for Inclusive Growth (ICICI Foundation), the Corporate Social Responsibility (CSR) arm of the ICICI Group, today announced that it will reach the...

WATConsult ranked among Top 10 Digital Agencies in the Global MMA...

WATConsult is the only Indian digital agency to be a part of this prestigious global ranking. WATConsult, the digital and social media agency from Dentsu...

GERA Developments rated AA (-) by CARE Ratings

  GERA Developments Pvt. Ltd. with its legacy of 48 years in the real estate business, pioneers of the real estate business and the award-winning...

Benefits of Compact Homes: Harsha Vardhan, Kumari Builders and Developers

The new generation lifestyle has tremendously changed over a decade of time, happily adopting the lifestyle of solo living and nuclear family types. The...

BLS International to roll out Mobile Services in UAE

  BLS International today announced that it is working with the Ministry of Human Resources and Emiratisation (MOHRE) in UAE to provide a portfolio of...

iRobot launches wifi driven vaccum cleaner robot in India

iRobot Brings Memory and Hands-Free Cleaning to Roomba® i7+ with Clean Base™ Automatic Dirt Disposal Imagine a robot vacuum that not only remembers a...

Indian façade industry worth INR 15,000 crore, growing 20% annually– ANAROCK...

Sustainability a Prerogative for Indian Façade and Fenestration Industry. Sustainable and eco-friendly façade developments focused on energy conservation and reduced dependency on fossil fuels are...

Adda247 targets 10 million subscribers by 2020

Adda247 records over 2.5 million subscribers and 250+ million viewers on its YouTube channel Marking a significant milestone for India's largest and fastest growing education-technology...

EMURGO forays into India

EMURGO to set up five more offices in Hyderabad, Chennai, Mumbai, Delhi & Pune in next 24 months and present in at least 200...

KeyVendors launches Local Service Marketplace

KeyVendors launches a gateaway for Vendors in India KeyVendors, Find the Right Vendor - Right Away, an Indian startup, aims to be a trusted one...

MyLoanCare achieves INR 1000 crore disbursement

MyLoanCare observes robust traction in its new product categories; credit cards and business loans In just 6 years of inception MyLoanCare, India's most convenient and...

GoAir records best ON Time Performance

This is 5th successive month that GoAir has recorded best OTP and it is the result of GoAir’s continued focus on  enhancing customer experience. GoAir, the...

Shadowfax to tap into China market

Shadowfax, India’s market leader in the Online-2-Offline (O2O) logistics segment is looking to grow its business into China market. Shadowfax, India’s leading logistics player is...

OnMobile Global renews contract with Telefonica Espana

OnMobile, headquartered in Bangalore, Has offices in all regions of the world delivers over 575 million music plays daily to mobile customers worldwide. OnMobile Global...

Alstom wins BMRCL contract doe Bangalore Metro

Alstom designs, builds, delivers, tests and commissions all types of rail electrification infrastructure with a strong focus on customer needs and the capability of...

Harshil Mehta resigns as DHFL CEO

DHFL CEO Harshil Mehta has resigned from his current position with immediate effect. However, he would continue to be associated with the company as Executive President -Retail Business with effect from February 14, 2019.

The board has also recommended the appointment of Sunjoy Joshi as an Independent Director and Srinath Sridharan as a Non-Executive Director.


Inflation continues to surprise on the downside: Tushar Arora, Senior Economist – HDFC Bank

Inflation continues to surprise on the downside. The headline number remains below the target of the central bank. Even as services inflation remains high, it is really the headline reading which is likely to determine how the RBI responds in the next policy. We expect one more 25 bps rate cut by the RBI in the April monetary policy meet.


Siemens Q1 FY19 Profit after Tax up by 19.7%

Revenue up by 15.7%

Siemens Ltd. reported a 15.7% growth in Revenue at Rs. 2,734 crore and a 19.7% growth in Profit after Tax of Rs. 228 crore for the first quarter of Financial Year 2019 as compared to the corresponding quarter of the previous year.

While New Orders of the Base Business (less than Rs. 100 crore) grew by 16% in the quarter, the overall New Orders grew by 4.1% to Rs. 3,391 crore, compared to Rs. 3,257 crore in the first quarter of Financial Year 2018.

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd., said, “Our businesses with Industrial and Utility customers have grown well and we continue to receive very positive responses to our digitalization solutions.”

 


Budget 2019 Industry Outlook

Shikhar Aggarwal, JMD, BLS International

The interim budget appears balanced and forward-looking. The focus on creating digital infrastructure in villages and expanding common service centers to digitally deliver services to citizens is a very positive move. My own company is amongst the pioneers in this area and we know how it can help increase efficiencies for Citizens as well as for Government officials, while also creating employment in the local eco-system. Artificial Intelligence and machine learning are becoming increasingly important for business and setting up of the national center for artificial intelligence along with the development of the national AI portal are very welcome. It will further improve the ability to handle large data efficiently and with greater data security.


JET AIRWAYS announces 7-day special fare sale

Jet Airways announces an attractive 7-day fare sale to commemorate India’s 70th Republic Day, wherein, guests can avail discounts of up to 50% on their bookings with the airline. The limited period offer effective today is valid for both one-way and return journeys for Premiere and Economy travel across the airline’s domestic as well as international network including the airline’s gateways in Abu Dhabi, Amsterdam-Schiphol, London-Heathrow and Paris Charles De Gaulle.

The mega Sale is available across all booking channels of the airline till midnight of Wednesday, 30th January, 2019.


GoAir announces low fares

To celebrate 70th year of the Republic Day, GoAir, India’s fastest growing airline, today announced its RepublicDay bonanza with fares starting as low as Rs. 999 all-inclusive of taxes across 26 destinations on its domestic and international network. The travel period is from 09 February to 30 September 2019 and the booking period starts from January 24 to January 26, 2019. Booking for travel can be made across all channels and the offer is available on first-come-first-served basis.

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