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Showing posts with the label Business

Gopal Agarwal Appointed as Executive Director, Finance for Bajaj Group

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  Mumbai, :   Bajaj Group announces the appointment of Gopal Agarwal as Executive Director, Finance with effect from October 14, 2021. He will report to Kushagra Bajaj, Chairman, Bajaj Group and will be based at the Group’s Head Quarters at Bajaj Bhawan, Mumbai. Gopal joins us from Adani Group where he was the Joint President, Group Corporate Finance. He’ll be part of the Senior Leadership Team (SLT) at Bajaj Group. In his role, Gopal will be responsible mainly for the following: Developing business and financing strategies and finalizing funding plans for Sugar, Power and their associated businesses. Leading debt raising initiatives (both fund based and non-fund based) and providing support for meeting funding requirements Advising the above-mentioned Businesses and the Group on all matters pertaining to Corporate Finance and Strategy, and Leading the finance team “ Gopal joins us at a juncture that’s both crucial and exciting. He brings with him the right mix of expertise

Alice Blue Customer Base Grows by 30 percent

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Alice Blue  Customer base has grown by 30 percent during the first quarter of 2021. This robust growth is attributed to strong customer oriented approach and focused delivery and support to customer services. With this rapid growth potential, the Alice Blue customer base is expected to double by the end of financial year 2021.   With the advantage of having the lowest brokerage fees in the industry, Alice Blue has steadily attracted new clients over the last few months. The company serves a comprehensive mix of veteran investors and new first time investors. In fact over 60% of customers are Millennials, underscoring the steady growth of tech led investment options Alice Blue offers its customers.   Mr. Sidhavelayutham M, Founder and CEO, Alice Blue   Mr. Sidhavelayutham M, The Founder and CEO, Alice Blue , said, “ We are seeing a significant surge in the use of our tech based learning systems such as Trade School and ANT IQ. These platforms offer educational courses and webinars on tr

OctaFX Captures 2021's Best Forex Broker India Award

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New Delhi, In July, the Global Business Review Magazine once again came out with its long-awaited award winners. The accolade for ‘ Best Forex Broker India 2021 ’ goes to one of the industry’s leaders, OctaFX. The third quarter of 2021 is up and running, and the results for the highly anticipated verdicts of The Global Business Review Magazine  arrived  last month. The international Forex broker OctaFX is among the winners, garnering the ‘ Best Forex Broker India ’ award. This year was an important one for OctaFX. Not only does the broker celebrate its tenth anniversary, but it recently established some significant partnerships. Before the Indian Premier League (IPL) season started this year in early April, OctaFX joined the Delhi Capitals team as their Official Trading Partner. This marked the first instance of anyone receiving a trading partner status in IPL history. The agreement, which includes an exclusive digital content partnership with the brand, is the very first f

Kauvery Group of Hospitals Ropes in MS Dhoni as its Brand Ambassador

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Chennai,  Kauvery Group of Hospital s, a leading healthcare chain in Tamil Nadu has roped in Former Indian Cricket Team Captain & Captain of IPL Team, Chennai Super Kings, Mahendra Singh Dhon i as the brand ambassador. Dr. Manivannan Selvaraj, Managing Director, Kauvery Group of Hospitals said, “Dhoni, who rose from a smaller town and achieved greater heights is similar to Kauvery's journey. We started with a 30 bedded hospital in Trichy and now we are a 1500 bedded strong group with branches across Tamil Nadu and Bengaluru working towards the mission of delivering quality healthcare at affordable cost. We feel he is a great fit for the brand because he strikes the right chord with our value systems of trust, dependability, reliability and focused leadership. A person who is fit and strong, makes the ideal representative of our healthcare brand, helping us promote overall health and wellness."   Speaking about his association with the brand, MS Dhoni said "

Anthill Ventures Announces Eight Start-ups for Indus X - India's First Global Smart City Scaling Program

New Delhi, :  Leading speed scaling venture capital firm  Anthill Ventures  announces eight start-ups for Indus X, India's first  UrbanTech Scaling Program . Indus X will invest in and scale these eight start-ups focused on solving challenges faced by citizens, corporates, and governments in our urban centers. The scaling support will include (1) 1:1 mentorship from industry experts, (2) branding and marketing support, and (3) market access through corporates, system integrators, government, and multilateral development agencies. Start-ups that scale and achieve milestones will receive an investment from Anthill and co-investors to the tune of $1-3M.   The primary domains of focus for Indus X include Smart & Clean Mobility Waste & Water Technology Clean Energy & Smart Grid Physical & Cyber Security Smart Infrastructure & Built Environment Smart Governance   As per  Sailesh Sigatapu, Partner at Anthill Ventures ,  "We are excited to launch the first cohort o

₹ 92,849 crore gross GST revenue collected in June’ 2021

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The gross GST revenue collected in the month of June’ 2021 is ₹92,849 crore  of which CGST is  ₹16,424 crore , SGST is  ₹20,397, IGST is  ₹49,079 crore  (including  ₹25,762 crore  collected on import of goods) and Cess is  ₹6,949 crore (including  ₹809 crore  collected on import of goods).The above figure includes GST collection from domestic transactions between 5 th June to 5 th  July’2021 since taxpayers were given various relief measures in the form of waiver/reduction in interest on delayed return filing for 15 days for the return filing month June’21 for the taxpayers with the aggregate turnover uptoRs. 5 crore in the wake of covid pandemic second wave. During this month the government has settled ₹ 19,286 crore to CGST and ₹ 16,939 crore to SGST from IGST as regular settlement. The revenues for the month of June 2021 are 2 % higher  than the GST revenues in the same month last year. GST collection after posting above Rs. 1 lakh crore mark for eight months in a row, t

Coca-Cola India Announces the Appointment of Its Vice President of Public Affairs, Communications and Sustainability for India and Southwest Asia

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New Delhi, :   ​Coca-Cola today announced the appointment of Devyani Rajya Laxmi Rana, as Vice President of Public Affairs, Communications and Sustainability for India and Southwest Asia. Devyani is a new addition to Coca-Cola’s leadership team for the region to further drive the Company’s purpose-driven approach. Devyani has over 25 years of work experience in government and corporate affairs, strategic business advocacy, risk management, communications, CSR, and sustainability. She has successfully developed effective strategies focused on maximizing impact in the region on infrastructure, environmental, social and governance, and trade, resulting in business profitability, increased footprint, and expanded manufacturing operations for domestic and export markets. She has also led advocacy, internal, external, and brand communications initiatives that have delivered positive business outcomes and contributed to the engagement of the organizations and teams she

Myntra Strengthens Its Kids Fashion Portfolio With the Launch of Alia Bhatt's Sustainable Clothing Brand Ed-a-Mamma

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The brand offers organic and sustainable merchandise that are free of any harmful chemicals and are environment-friendly The range will further be promoted under Myntra’s green initiative, ‘Myntra for Earth’ Bengaluru : Myntra launches ‘Ed-a-Mamma’, Bollywood actor Alia Bhatt’s sustainable kidswear brand, marking an important step in the direction of providing stylish and trendy clothes that are safe for children while being environment-friendly. Myntra is making steady efforts to support the cause of environment protection by offering its customers the option to make conscious choices in fashion, through initiatives like, ‘Myntra for Earth’ store that houses over 5500 styles from 70 brands. The sustainable and organic assortment under kidswear offers over 1500+ styles, giving parents a wide choice of eco-friendly options for their little munchkins.  Ed-a-Mamma  is also a part of this specific store that’s core focus is to offer sustainable fashion options to customers. Ed

Tata Motors and Tata Power install high-speed EV Charging Stations in Surat

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Surat: In its constant endeavor to accelerate EV adoption in the country,Tata Motors and Tata Power recently inaugurated 2 high-speed CCS2 EV charging stations one each at  Shreeji Automart, Piplod  and  Pramukh Auto, Umiya Nagar  in  Surat.  With this, the company operates the largest charging network of 5 chargers in Surat and 18 throughout Gujarat, located on major routes. All Tata EV customers can now travel carefree to and from Ahmedabad – Vadodara – Surat, Ahmedabad – Rajkot and Ahmedabad – Gandhinagar. Convenient and reliable, this high-speed EV charger is equipped to charge the Nexon EV from 0-80% in just one hour. Accessible via the  Tata Power EZ Charge , an app designed to offer seamless user interface, Nexon EV users can now easily find, pay for, and use the charging station when away from home. This application will also allow the user to monitor their charge status and get notified when they are ready to go. Commenting on the inauguration ,  Mr. Ramesh Doraira

Ather 450X is now cheaper by ₹14,500

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Chennai/Hosur : Ather Energy , one of India’s first intelligent electric vehicle manufacturers was founded in 2013 by IIT Madras alumni, Tarun Mehta, and Swapnil Jain, Ather recently began operations from its mega-factory in Hosur, Tamil Nadu, from January 2021. Commenting on the Government of India latest announcement of Fame 2 incentive update Ather Energy has tweeted in it's official Twitter account."Govt of India doubles down on its commitment towards #goingelectric. Subsidy for electric 2W increases under #FAME2 incentives. Which means a whopping ₹14,500 additional subsidy on the Ather 450X" Speaking about this Tarun Mehta, CEO and Co-founder  Ather   Energy said .  “The revision in the FAME policy, increasing the subsidy by 50% per KWh is a phenomenal move. Sales of electric two wheelers have grown despite the pandemic and with this additional subsidy, we expect electric two wheeler sales to disrupt the market, and clock 6 million

Sustainable Mobility Solutions are Very Important for the Future : TVS

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Hosur, :  TVS Motor Company , a reputed manufacturer of two-wheelers and three-wheelers in the world has welcomed the increase in subsidy under FAME II Scheme as it will help increase EV two-wheeler penetration in the country. Mr. Sudarshan Venu, Joint Managing Director, TVS Motor Company on Revision in FAME II Subsidy ,   “We welcome the government’s continued support to EVs. Sustainable mobility solutions are very important for the future and TVS is investing significantly behind this. The improved incentives for electric two-wheelers will increase penetration.  Such policy direction should lead to indigenous development of future technology.”

Tally Solutions Announces the First Edition of MSME Honours

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An annual initiative conceptualized to celebrate the diversity and unrelenting contribution of MSMEs Chennai: Tally Solutions, a pioneer in the software products industry, delivering business management solutions for Small and Medium Businesses (SMBs) for over three decades announced the launch of  ‘MSME Honours’ – an initiative to celebrate the diversity of change-makers driving real impact in the society and the economy. These honours will be given out once a year on the occasion of International MSME day (27 th  June) and are applicable to all types of businesses with a turnover less than 250 crores and valid GST registration. India’s socio-economic growth story at its core has the 6.3 Crore MSMEs, who are an epitome of diversity. This initiative intends to celebrate this diversity and the positive impact of micro, small and medium enterprises through their best practises at the grassroot level. Inspired by the aspirational journey of MSMEs who have disrupted the ecosyst

Health and Happiness Delivered to Your Doorstep, Go Nuts With Happilo

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  Bangalore,:   Since the onset of the pandemic, most, if not every, household has switched their conventionally unhealthy dietary habits to health and nutrition-based foods being consumed on a regular basis. The revenue in the global snack food segment scaled to over $5000 million in 2019 and the market is projected to grow annually by 7.5% (CAGR 2019-2023).   Healthy snacking in India is synonymous with the brand Happilo, an inception in 2016 to a formidable organization today, the brand and its inceptors have made an exceptional mark on the nutrition centric FMCG space in the country. With a vision to expand the brand further, Vikas Nahar – the founder, is taking steps to make a resounding mark in the business stream. They aim at using freshness, preservation, and the healthiest by-products to enhance flavor and uplift the brand’s versatility.   With international suppliers (e.g., figs from Afghanistan, nuts from California, dates from the Middle East, dried fruits from

Myntra Announces India's Biggest Fashion Event for Women - Myntra for Her,

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Myntra, India’s leading fashion and lifestyle destination, announces  ‘ Myntra for Her’,  event between March 6-9. This is slated to be the biggest fashion event for women in the country, allowing them to not only refresh their wardrobes with the latest styles and designs ahead of the hot Indian summer, but also do so at the most attractive and affordable prices.   Paying tribute to the company’s much-cherished women customers, this year, Myntra has ramped-up the  Myntra  for Her  event from a limited-scale, category-led occasion, to a big-ticket event with 360-degree marketing campaigns. By ensuring the event is the biggest fashion spectacle for women, Myntra wishes to celebrate and value each and every aspect of being a woman. Commenting ahead of the  Myntra for Her  sale, Amar Nagaram, CEO, Myntra said,  “In a concentrated effort to celebrate every woman in our life,  Myntra For Her  promises to present them with never before deals across categories.  The event will give

VAIO introduces its customer care helpline in India.

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VAIO , the pioneer brand for tech-savvy, new-day laptops, introduces its customer care helpline in India. Reassuring patrons of its proactive approach and round the clock services, VAIO's customer support is a toll-free helpline (1800-103-9635) and will be available 24x7 at the convenience of the clients pan India. Commenting on the launch of customer helpline,  Ms.   Seema Bhatnagar, Regional Business Director (South Asia) and Country General Manager  said,  “We are delighted to announce the launch of new VAIO 24x7 customer service helpline for the Indian audience. We have always had a proactive approach in helping and supporting our premium customers and with this helpline, we aim to extend the same devotion throughout the day. Aiding the customers with any kind of technical and non-technical difficulties, we aspire to become more accessible to our patrons as they reach out to us on 1800-103-9635 for best customer experience.” The latest toll-free support initiative i

Logically Launches Cutting Edge Threat Intelligence Platform to Identify and Counter Mis- and Disinformation at Scale

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Logically , a tech company combining advanced AI with human intelligence to tackle misinformation, today announces the launch of its new threat intelligence platform that can identify, analyse and disarm harmful online misinformation at scale. Built on cutting-edge, secure, scalable cloud infrastructure, Logically Intelligence brings together Logically’s capabilities in at-scale analysis, classification and detection of damaging narratives and online threats. It also provides access to a suite of countermeasures to tackle identified threats, including automated fact checking and OSINT research, meaning it is one of the only platforms to integrate both analytical capabilities and countermeasure deployment to tackle misinformation.   Countries around the world are starting to experience the real harms posed by misinformation, from doubt over election results, low uptake of the Covid vaccine or violent protests.  Logically Intelligence is designed for use by government and pub

AG&P Pratham Opens First Liquefied and Compressed Natural Gas (LCNG) Station in Jodhpur, Rajasthan

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Fortifies transition of Rajasthan, the largest state in India, into a gas-based economy AG&P, the global downstream LNG and gas logistics company, today announced the opening of its first wholly owned Liquefied & Compressed Natural Gas (LCNG) station in Jodhpur, Rajasthan, under its India City Gas Distribution (CGD) arm -  AG&P Pratham . Located at Kalptaru Jodhpur, Rajasthan, the LCNG station comprises of two (2) storage tanks with capacity of 56 MT of LNG storage and gasification. The LCNG station will ensure uninterrupted access of natural gas to commercial, industrial, and residential customers not connected to the gas pipeline, including owners and drivers of any CNG-powered vehicle – from auto-rickshaws to taxis, cars and light commercial trucks. This is the first LCNG station in the entire state of Rajasthan. With the opening of the wholly owned LCNG station, Jodhpur now has six AG&P Pratham CNG stations in operation in the areas of Diesel Shed, Pal R

Microsoft launches its new engineering hub in NCR

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- The India Development Center, NCR will serve as a premier center of engineering and innovation Microsoft today announced the launch of its new India Development Center (IDC) facility at NCR that will serve as a premier hub for driving cutting-edge engineering and innovation. IDC NCR is Microsoft’s third Development Center in India after Bengaluru and Hyderabad. The contemporary workspace is a step towards realizing IDC’s vision of being a source of innovation for the next billion users. The center will build on Microsoft’s commitment to tap India’s world-class engineering talent and create solutions for a global impact. The IDC NCR facility will collaborate with Microsoft teams globally to build products and services for driving digital innovation. The center will provide opportunities for engineering talent in the areas of Business & Productivity tools, AI, Cloud & Enterprise, Core Services, and the new Gaming division. The IDC NCR workspace architecture is inspired by the T