Tuesday, April 23, 2019

Latest News

The world needs an asian rupee index: Ranjan Chakravarty, MSE

This index can be India based and be a trade weighted Indian version of the USDX or the globally dominant Dollar Index. As the...

Sandvik Coromant launches CoroPlus® MachiningInsights

Indian customers will gain benefit from this new age solution to increase efficiency which would further result in profitability. Sandvik Coromant today launched a new...

IVY EXEC ranks SP Jain School of Global Management 7th in...

SP Jain offers a suite of undergraduate, postgraduate, doctoral and professional technology programs with campuses in Dubai, Mumbai, Singapore and Sydney. SP Jain School of...

Affle Holdings appoints Gulrez Alam as Chief Investment & Strategy Officer

Gulrez will be driving Affle group’s strategy and investments and use his extensive experience in extending the Company offerings to key clients across geographies. Affle...

Indian destination wedding market to reach INR 45,000 crore by 2020:...

Destination weddings have also given a major shot in the arm to wedding planners, banquet organisers and wedding apparel designers – who, in any...

Indian School of Hospitality signs agreement with At-SunriceGlobalChef Academy Singapore

The two institutes will collaborate to offer joint culinary programs, starting with the Diploma in Culinary Arts The Indian School of Hospitality (ISH), a hospitality...

IndiaMART app crosses 10million downloads

IndiaMART connects 5.98 crore buyers with over 47 lakh reliable and competitive suppliers India’s largest online marketplace IndiaMART has seen a phenomenal rise in app...

mjunction forays into real estate sector with UP AwasVikasParishad

A large number of buyers participated in the e-auctions, and the total price arrived at for the properties was significantly above the price estimated...

HDFC Bank Q4 net profit up by 22.6% at INR 5885...

  The Bank’s net profit for the year ended March 31, 2019 was INR 21,078.1 crore, up 20.5% over the year ended March 31, 2018. The...

Cygnett Hotels and Resorts appoints Ankur Chandra

Ankur will be responsible for leveraging hotel operations and expanding the brand in new territories and markets. Cygnett Hotels and Resorts has announced the appointment...

UClean bags Global Franchise awards

UClean bags the award for best-emerging franchise brand globally by to the 'global franchise awards' UClean has been awarded as the "Best Emerging Franchise Brand"...

Spaces co-working opens at Adani’s Inspire Hub in Mumbai

  Spaces opens its 6th property in India and second in Mumbai with Adani Realty. Spaces, the Amsterdam based creative workspace provider part of IWG, recently...

Reliance Q4 net profit up by 9.8% at INR $1.5 billion

RIL records annual consolidated net profit of $5.7 billion, up by 13.1%. Reliance Industries Limited (RIL) today reported its financial performance for the quarter/year ended...

Asian Granito forays into Sanitaryware

Sanitaryware industry in India is estimated at around INR 4,500 crore and growing at around 10-12% annually. Asian Granito India Limited (AGIL), one of India’s...

Reliance Jio Q4 net profit up by 64.7% at INR 840...

Jio subscriber base crosses 300 million. Standalone revenue from operations of ₹ 11,106 crore (7.0% QoQ growth) Standalone EBITDA of INR 4,329 crore (6.8%...

Uniphore appoints Annie Weckesser

In the present role, Weckesser will lead all aspects of Uniphore's global marketing and communications, as well as the company's talent strategy and management. For...

Oman India Joint Investment Fund to acquire shares of PnB Metlife

Oman India Joint Investment Fund, a private equity firm being a joint venture of Oman’s State General Reserve Fund and State Bank of India, will acquire shares of PnB Metlife. J. Sagar Associates (JSA) has advised Oman India Joint Investment Fund in the proposed acquisition of shares of PnB Metlife from The J&K Bank Limited.

The total deal value is INR 185 crore.


Granules India receives US FDA approval

Granules India Ltd. announced that the US FDA has approved its Abbreviated New Drug Application (ANDA) for Acetaminophen 650 mg Tablets, Extended Release, bioequivalent to the reference listed drug product (RLD), Tylenol 650mg tablets, Extended Release.

Acetaminophen 650 mg extended release tablets are used primarily for temporary pain management including arthritis relief


Mastercard acquires Transfast

Mastercard has acquired 100% share acquisition of Trans-Fast for a base purchase price of USD 450,000,000 (Four Hundred Fifty Million Dollars). Transfast is engaged in the business of providing cross border payment products for consumers and businesses and has a global presence including 2 subsidiaries in India.

J. Sagar Associates (JSA) advised and assisted Mastercard International Inc. in connection with the acquisition of Trans-Fast Remittance Inc.


REVE Antivirus

REVE Antivirus has added new features of Vulnerability Scan and advanced Firewall for their REVE Total Security users maintaining ‘User Privacy’ as one of the top priorities. With the new feature of Vulnerability Scan, REVE Total Security scans the device and check for the loop-hole open in the system due which it can be exposed to virus attack.

Advanced Firewall feature is configurable and user can configure the rules as per his requirement to keep his or her computer safe from outside attacks.


mjunction appoints Aninda Chatterjee  

Aninda Chatterjee has been appointed as VP-Finance & CFO of Kolkata-based B2B e-commerce company mjunction Services Limited. Prior to this, Mr. Chatterjee was MD of the West Bengal Electronics Industry Development Corporation Limited (Webel) and has earlier also been associated with Bengal Aerotropolis, Nokia Siemens Network, TCG Software and Tata Steel.

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