Tuesday, March 19, 2019

Latest News

ASK PIA invests INR 326 crore across leading developers

ASK Property Investment Advisors (ASK PIA) is a venture of the ASK group set up to manage and advise real estate dedicated funds ASK Property...

7 Best facebook video ads practices to follow in 2019: Sumit...

Savvy Marketers - Please pay attention! Take note - Facebook Videos are here to stay. Even Facebook’s CEO Mark Zuckerberg stated that - There’s...

LANXESS to expand production capacity of benzyl alcohol by 30 percent

The two-stage expansion of the plant at the German site in Krefeld-Uerdingen is scheduled for completion by the end of 2019. Specialty chemicals company LANXESS...

RBI extends validity of authorisation to Vakrangee for White Label ATMs

Vakrangee currently has ~3,500 Next Gen Vakrangee Kendra’s spread across 20 states, 340+ districts and 2,000+ postal codes. The Reserve Bank of India (RBI) has...

BCFI recommends strengthening CBC network

BCFI seeks reforms in the regulatory and compliance requirements for business correspondents Business Correspondents Federation of India (BCFI), the national association of Corporate Business Correspondents...

InstaReM closes Series C Funding round

The latest round of funding is led by Singapore’s Vertex Growth Fund (their first investment in Southeast Asia) and is supported by a new...

Kotak Investment Advisors launches India Office Assets Fund I

The $400 million India Office Assets Fund I is anchored by a wholly owned subsidiary of the Abu Dhabi Investment Authority (‘ADIA’) and is...

Joy Rewards from BMW India

A first-of-its-kind aftersales benefit programme in the Indian luxury automobile segment BMW India has announced the launch of BMW Joy Rewards – a special aftersales...

Lubrizol partners with Ashirvad Pipes to launch BlazeMaster

Ashirvad, the world’s largest selling CPVC pipes and fittings along with Lubrizol Corporation, announced the launch of their BlazeMaster® CPVC Fire Protection Systems’. The Lubrizol...

Magicbricks launches Chat features for home buyers

Magicbricks' integration of 'Chat' for Android and iOS users is in line with the commitment to protect the privacy of  home buyers, who might...

FIS to acquire Worldpay for $43 Billion

FIS is offering a mix of cash and stock to Worldpay holders. FIS and Worldpay to Combine to accelerate the Future of Finance and Commerce...

Aruna Sharma joins MFIN as Independent Board Member

Dr. Aruna Sharma will be part of MFIN’s Governing Board which now constitutes twelve members of which seven elected members are from the leadership...

Siemens to install Remote Diagnostic Services for GAIL India

Siemens' RDS solution combines asset data with OEM industry expertise to deliver information that allows faster and accurate predictive analysis for effective decisions Siemens Limited...

IRB Infra’s SPV commissions Yedeshi to Aurangabad highway project

The SPV is in possession of the Provisional Certification from the Competent Authority to commence tolling w.e.f. 17th March 2019 IRB Infra's SPV, Yedeshi Aurangabad...

5 Years of Modi – Is Indian Real Estate’s ‘House’ in...

5 Years of Modi - Is Indian Real Estate's ‘House’ in Order? Like it or lump it, but Modi’s victory in 2014 ushered a new...

AU Bank appoints Logicserve Digital

AU Bank’s digital team will focus on inclusive financial services for the next billion customers by making the banking platform part of the customer’s...

Radha Rama Dorai, Managing Director – ATM and Allied Services, FIS

“ATM numbers have not been growing over the past one year. This is not a good situation, especially when the debit card issuance numbers are going up month on month and DBT dispensations are growing. The DBT beneficiaries need ATMs to withdraw the amounts so given by the Government. Some banks have initiated the process of upgrading their ATMs and reimbursing their service providers for the increased costs, while others are shutting down ATMs that are not profitable. Upgrading the ATMs for compliance is a long drawn out and logistically challenging process and one cannot expect full compliance across all the ATMs of the country, even by the end of this year. Various representations made by industry bodies to the Regulator and the Government for deferment or relaxation of deadlines, have not yielded substantive results so far.”


Fabindia launches Experience Center in Mumbai

The Wellness Center promotes healthy conscious living and encourages customers to interact with trained consultants on various aspects of health, lifestyle and well-being.The Fabindia Experience Center also offers an Interior Design Studio (IDS) a one-stop design solution to help create memorable spaces.

This is Fabindia’s second Experience Center in Mumbai and tenth in the country.


Upsouth expands presence in Pune

Quick Serving Restaurant chain Upsouth launched its seventh restaurant in Pune at Chandani Chowk. The company also announced its plans to foray into Gujarat soon and will open its first restaurant in Ahmedabad to begin with.


Capacit’e Infraprojects bags INR 483 crore order from MCGM

Capacit’e Infraprojects Limited has received contract worth of INR 483.81 Crore for proposed redevelopment of Harilal Bhagwati Municipal General Hospital at Borivali (W),Mumbai, from Municipal Corporation of Greater Mumbai, Health Infrastructure Cell.

Commenting on the same, Mr. Rahul Katyal, Managing Director said, “We are delighted to add order from Municipal Corporation of Greater Mumbai to our clientele. We remain more confident of delivering this project within the stipulated timelines and to client satisfaction. At Capacit’e, it is our

continuous endeavor to add quality orders from existing and new clients and we are confident on the growing execution capabilities of the Company”


Trend Micro launches MDR services in India

Trend Micro announced the availability of managed detection and response (MDR) services in India, an outsourced service to enterprises looking to deepen their threat-hunting and investigation capabilities. Addressing the shortage of cybersecurity professionals in the country, MDR augments a company’s existing security team by providing external expertise and resources to proactively hunt for stealthy threats in an IT environment. By uncovering and stopping such threats early, organizations can potentially avert data breaches.


Jet Airways on Women’s Day

Jet Airways will operate four domestic flights with all-women Cockpit and Cabin Crew members on occasion of Women’s Day and as part of its special in-flight fundraising drive, the airline is supporting the work of two leading NGOs – Mijwan Welfare Society and Save the Children India’s – Women’s Institute for Social Education working on women’s issues.


GoAir #Smartwoman campaign

GoAir to complimentary upgrade woman travellers to business class on March 08th to celebrate Woman’s Day across all its network on availability as well as first-come-first serve basis.


Jet offers unlimited waiver for IAF

Jet Airways is offering unlimited waivers on reissue/ refund penalties for the Indian Armed Forces, for flights within India with immediate effect. This would be applicable on all date, flight and rerouting changes, including fare difference, until further notice.

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