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.