Wednesday, July 17, 2019

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EMURGO Academy signs MoU with REVA University for Blockchain course

Through this collaboration, EMURGO Academy will train students in blockchain technology with internationally aligned curriculum. EMURGO Academy, the education arm of EMURGO, has signed a...

Unicorn India announces second equity fund 

Unicorn India Ventures will be raising capital for Fund II from institutional and large family offices in India and overseas and start deploying it...

D Mart Q1 net profit up by 33.8% at INR 335...

Standalone Total Revenue for the quarter up by 26.8% at Rs. 5,781 crore. Avenue Supermarts Ltd. (ASL), the company behind F&G chain Dmart, declared its...

S&P Global expands operations in India

S&P Global, provider of ratings, benchmarks, analytics and data to capital and commodity markets worldwide, has opened its Orion office in Hyderabad. Orion, a one-of-a-kind...

Model Tenancy Act, 2019 like RERA may become a process rather...

Mumbai had the highest number of vacant homes with nearly 4.8 lakh units, followed by Delhi and Bengaluru with nearly 3 lakh homes each. India’s...

Airtel offers free access to online courses in partnership with Shaw...

Airtel Platinum customers to get FREE access to one year courses worth Rs 6000 as part of their plan benefits. As part of the fast...
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Samsung partners with Apollo Hospitals to launch mobile clinic

People in rural areas will receive free-of-cost access to primary screening. Samsung India Electronics and Apollo Hospitals Group  launched the ‘Samsung-Apollo Mobile Clinic’ to provide...

Cash Suvidha targets INR 1000 crore disbursement by March 2020

Cash Suvidha, the trade name of Usha Financial services, extends business loans to SMEs, MSMEs, women entrepreneurs for income generation purpose & personal loans...

EdTech startup Board Infinity raises Rs 2.2 crore

Board Infinity is a full-stack career platform for students and working professionals enabled by personalized learning paths, career coaches and access to opportunities. Board Infinity,...

Emkay Global Financial appoints Sunil Tirumalai

  Emkay has one of the largest equity research teams in the Indian context, comprising of 19 writing analysts, and covering 352 stocks (including soft...

Renault launches all new Duster

Renault, the number one European brand in India, launched the all new Duster with 25 brand new features and technology enhancements. Duster’s aggressive exteriors, elegant...

Being Human signs up with Unicommerce

Omni-channel solution will help brands create uniform customer experience for Being Human and TCNS Clothing Company across online & offline stores. Being Human and TCNS...

Linksys India launches Linksys Cloud Manager

Linksys Cloud Manager enables IT administrators and other authorized users to remotely monitor, manage and troubleshoot single or distributed wireless networks in real time...

Sanjay Kaul launches Sofyx

Sofyx is backed by a team of seasoned professionals that bring deep experience in mobility business, fintech, CRM, and sales/marketing. Sanjay Kaul, former Country Manager...

June 2019 records 22% y-o-y growth in talent demand: TimesJobs RecruiteX

TimesJobs has released the findings of its RecruiteX June 2019 edition. As per the June 2019 edition, talent demand is on an upswing at...

FIA launches mutual fund distribution platform FINVESTA

FIA Global, through its extensive distribution network in India and Nepal, caters to more than 20 million customers. FIA Global, fintech company in digital payment...

Piramal Capital launches housing finance business in MP

Piramal Capital & Housing Finance Limited (PCHFL), the wholly owned subsidiary of Piramal Enterprises Limited, today announced its foray in Madhya Pradesh with the launch of its housing finance business in Indore.

‘Indore is an important growth market for PCHFL. We are excited to partner with developers & channel partners to strengthen their business and offer housing finance solutions to their customers. Currently, the housing finance business contributes ~10% to PCHFL’s overall loan book, which is expected to increase to 15-18% by March 2020’ informed Khushru Jijina, Managing Director, PCHFL.

PCHFL has 16 branches across 15 cities and will start housing finance operations in Navi Mumbai and Palava in the coming 3-6 months.

Aegon Life Insurance appoints Satishwar Balakrishnan

Aegon Life Insurance announced the appointment of Satishwar Balakrishnan as the new Chief Financial Officer (CFO) of the company. With over two decades of experience in the Insurance and Finance Industry, Satishwar joins Aegon Life from IndiaFirst Life.

‘With addition of Satishwar’s vast experience, we are confident in the ability of our experienced management team to lead Aegon life Insurance into a new phase of profitable growth’ informed Vineet Arora, CEO, Aegon Life

On his appointment, Satishwar shares ‘I look forward to leverage my experience within the life insurance industry to attain and set new achievements and benchmarks’.

Satishwar is a Chartered Accountant by qualification.

Bridgestone India to invest INR 350 crore to expand production capacity

Bridgestone India has announced major expansion plans, in excess of Rs. 350 crore investments, for its Indore plant at Kheda, Madhya Pradesh. Spread over 76 acres, this expansion will enable Bridgestone India to increase the capacity to over 20,000 tyres a day by 2020.

Vivek Porwal, Managing Director, Madhya Pradesh, Industrial Development Corporation Ltd. inaugurated the plant, in the presence of Michio Harada, Consul General of Japan in Mumbai, and Akihiro Eto, COO, Bridgestone Corporation.

Commenting on the occasion, Parag Satpute, MD, Bridgestone India said ‘This expansion is our response to the trust and confidence of our OEM partners in our product offerings. Through this expansion, we also demonstrate our commitment to create value for a larger base of Indian consumers with our world class quality. India’s growth prospects in the mid to long term future are positive. And, Bridgestone India is ready to take the lead in being a trusted partner to our customers, dealers, consumers, and all other stakeholders at large’.

 

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