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Paytm Mall Targets USD 10 Billion Annual Gross Sales by March 2019

 Friday, August 17, 2018  |  No Comments

Paytm Mall, owned by Paytm E-commerce Pvt Ltd., has ramped up its efforts to expand their business with a three-fold rise in the annual gross sales, with a target to achieve USD 10 billion mark by March 2019.

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PhonePe to Facilitate Convenient Payments on IRCTC app

 Thursday, August 16, 2018  |  No Comments

India’s fastest growing payments platform, PhonePe on Thursday announced entering into a partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to facilitate convenient, fast and secure payments through PhonePe on the IRCTC Rail connect Android app.

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Rupee Touches all Time Record low of 70.08

 Tuesday, August 14, 2018  |  No Comments

After opening at a marginal high of 69.85 against the US Dollar, the Indian rupee on Tuesday touched an all-time low of 70 per US dollar.

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Sensex Drop on Global Sell-off, Nifty Down by 72.80 points

 Monday, August 13, 2018  |  No Comments

BSE Sensex opened lower on Monday at 37,626.95, down by 242.28. While NSE’s Nifty 50 hovered around 11,356.70, down by 72.80 points.

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Massive Crowd Turn-up at IKEA Opening

 Friday, August 10, 2018  |  No Comments

Scores of shoppers swamped the newly opened Swedish home furnishings behemoth IKEA on Thursday as thousands of shoppers thronged the store.

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JBL Launches Online Brand Store in India

 Wednesday, August 8, 2018  |  No Comments

HARMAN International, a wholly owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies for automotive, consumer and enterprise markets, has launched JBL’s online brand store – www.JBL.com in India. As part of the inaugural promotion, two new JBL products – JBL Go+ Bluetooth speaker and JBL T205BT headphone were launched on this website.

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Ola to Launch its UK Operations With Ride-sharing Offerings in South Wales, Greater Manchester

 Tuesday, August 7, 2018  |  No Comments

Ride sharing platform Ola on Tuesday announced its plans to enter into the United Kingdom (UK) market with operations starting from South Wales and Greater Manchester.

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Merck Cancer Access Program Strengthening in Gambia, Lesotho, Botswana and Zimbabwe

 Tuesday, August 7, 2018  |  No Comments

Merck Foundation, the philanthropic arm of Merck KGaA Germany, continues their long-term commitment to improve access to cancer care and to build capacity through their Merck Access Program in Africa.

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UAE Exchange (India) is now Unimoni

 Tuesday, August 7, 2018  |  No Comments

As part of its global rebranding exercise, UAE Exchange, a leading global money transfer, foreign exchange, payments and credit solutions brand, has rebranded its India operations to Unimoni.

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Indra Nooyi to Step Down as PepsiCo CEO

 Monday, August 6, 2018  |  No Comments

PepsiCo on Monday announced that its Chief Executive Officer (CEO) Indra Nooyi will step down on October 3 after 12 long years of leading the US food and beverage giant.

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Curious Case of UIDAI Helpline, 112 Distress Number in Indian Users’ Contact Lists

 Saturday, August 4, 2018  |  No Comments

Indian smartphone users recently discovered that the contact list on their Android devices had two special numbers added by default, namely the UIDAI helpline number 1-800-300-1947 and the 112 distress number.

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Goibibo now Enables Users to Login via WhatsApp

 Friday, August 3, 2018  |  No Comments

Online travel booking platform Goibibo has launched a new WhatsApp integrated solution, allowing its users to sign-in to Goibibo on mobile web via WhatsApp.

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Swiggy Announces all-cash Acquisition of Scootsy

 Thursday, August 2, 2018  |  No Comments

Food ordering platform Swiggy on Thursday announced all-cash acquisition of delivery platform Scootsy to further strengthen its restaurant network and backend strength.

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RBI Rate Hike a ‘win-win’ Situation for Markets, Banks

 Thursday, August 2, 2018  |  No Comments

The Reserve Bank of India’s (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a “win-win” situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the report from the Economic Research Department of State Bank of India (SBI).

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US-China Trade Dispute Likely to Escalate, Impact Global Growth

 Wednesday, August 1, 2018  |  No Comments

Trade tensions between the United States and China will likely escalate further during the rest of the year and will have a negative but manageable impact on global growth, Moody’s Investors Service said in a report.

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Recent GST Rate cut Credit Negative, Says Moody’s

 Tuesday, July 31, 2018  |  No Comments

Credit rating agency Moody’s has said that the recent cuts in the Goods and Services Tax (GST) rates will weigh on the government’s revenue collections and are credit negative for the country.

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Swiggy now Expands its Fast Deliveries to Indore, Vizag

 Friday, July 27, 2018  |  No Comments

Food ordering and delivery platform Swiggy on Friday announced its expansion to Madhya Pradesh and Andhra Pradesh, as it launched its services in Indore and Vizag.

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Sensex Touches 37,000 Mark, Nifty Remains Above 11,000

 Thursday, July 26, 2018  |  No Comments

The market indices witnessed record-high openings on Thursday as BSE’s Sensex touched the 37,000 mark for the first time.

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Surana Group of Hospitals Organises Concessional Medical Camp for Knee Replacement Surgery

 Thursday, July 26, 2018  |  No Comments

Surana Group of Hospitals has organised a concessional medical camp for a month for knee replacement surgery at their four group hospitals- MPCT Hospital- Navi Mumbai, Surana Sethia Hospital- Chembur, Surana Hospital- Malad (W) and SS Hospital- Thane.

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Celebrate National Lipstick Day at New Beauty Centre and Grab up to 30 Percent off

 Wednesday, July 25, 2018  |  No Comments

Beauty and Cosmetic retail giant New Beauty Centre has decided to celebrate National Lipstick Day which falls on the 29th July every year.

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American Express Launches new Brand Campaign in India

 Wednesday, July 25, 2018  |  No Comments

American Express has launched its new 360-degree brand marketing campaign in India.

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Black Money Deposits in Swiss Banks Down by 80 Percent, Says Piyush Goyal

 Tuesday, July 24, 2018  |  No Comments

Union Finance Minister Piyush Goyal on Tuesday told Rajya Sabha that ever since Narendra Modi government came to power in 2014, the black money deposited in Swiss National Bank has reduced by 80 percent.

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Skill India’s First Batch of Indo-Japan Technical Interns Reaches Japan

 Saturday, July 21, 2018  |  No Comments

A grand welcome event and felicitation ceremony was held today at the India Consulate General, Osaka in Japan for the first batch of Skill India’s technical interns, who reached Japan on July 17.

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Rupee Hits Life-time low; Falls to 69.05

 Friday, July 20, 2018  |  No Comments

The Indian Rupee (INR) on Thursday plunged at a life-time low of Rs 69.05 against the US dollar after suffering a 43-paise knock.

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Ramdas Athawale Lauds Bikxie for Providing 100 E-bikes to Women From Weaker Section

 Tuesday, July 17, 2018  |  No Comments

Bikxie Pink, an app based two-wheeler last mile service for women by women, joined hands with Educational Forum for Women Justice and Social Welfare (EFWJSW), a non-profit NGO, to launch a unique initiative named ‘Safar – Swarozgaar se Swavlamban ki oor’ at India Gate on the 15th of July 2018.

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Pidilite Strengthens International Presence; Unveils Adhesive Manufacturing Plant in Srilanka

 Tuesday, July 17, 2018  |  No Comments

Pidilite Lanka Pvt. Ltd., a JV between Pidilite and Macbertan Pvt. Ltd. strengthening its presence, unveiled a new state-of-the-art adhesive manufacturing plant in Polgahawela in North Western Province of Sri Lanka.

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CBIC to Organise 3rd GST Refund Fortnight From July 16

 Tuesday, July 17, 2018  |  No Comments

The Central Board of Indirect Taxes and Customs (CBIC) will organise third refund fortnight from July 16 to July 30 to clear pending GST refunds.

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IFFCO Launches iMandi App for Rural Digital Revolution

 Monday, July 16, 2018  |  No Comments

Indian Farmers Fertiliser Cooperative Limited (IFFCO), a large-scale fertiliser cooperative federation has taken another step to serve and connect the farmers digitally by launching a social e-commerce app and web portal, “IFFCO iMandi”.

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Retail Inflation Rises to 5 Percent in June

 Friday, July 13, 2018  |  No Comments

The Consumer Price Index (CPI) inflation rose to a five-month high of 5.0 percent in June 2018 when compared to 4.87 percent in May and 1.46 percent in June 2017.

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Indian Army Signs MoU With SBI on Salary Package

 Thursday, July 12, 2018  |  No Comments

The Indian Army on Thursday signed a Memorandum of Understanding (MoU) with the State Bank of India on defence salary package.

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HDFC Securities Enable MF Transactions Through Facebook Messenger

 Wednesday, July 11, 2018  |  No Comments

HDFC securities on Wednesday announced launch of Mutual Funds transactional capabilities on Facebook Messenger through their virtual assistant, Arya.

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Facebook Messenger to Flag DMs From Fake Accounts

 Wednesday, July 11, 2018  |  No Comments

In its fight against fake accounts and the spread of false information, Facebook is rolling out a new feature for its Messenger service.

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India Korea Technology Exchange Centre Inaugurated by Giriraj Singh

 Wednesday, July 11, 2018  |  No Comments

The India Korea Technology Exchange Centre was inaugurated at National Small Industries Corporation (NSIC) on July 10 by Giriraj Singh, Minister of State (Independent Charge), Ministry of MSME and Hong Jong Haak, Minister of SMEs and Start-ups of Republic of Korea, creating a new era of association with India and Korea in the field of growth of MSMEs both the countries.

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Zago launches cold coffee

 Tuesday, July 10, 2018  |  No Comments

Zago, the country’s first Super Foods company with a range of drinks caters to the urban fitness-conscious individuals. Launched in December 2015 with a range of ready-to-drink protein – Body Buddy and followed by much loved Zago Breakfast Shake in March 2016, Zago is now accelerated to launch the all new Zago Cold Coffee, brewed from hand-picked Arabica beans from the hills of Chikmagalur.

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Cyrus Mistry ‘Disappointed, not Surprised’ by NCLT Ruling

 Monday, July 9, 2018  |  No Comments

Former Tata Group chairman Cyrus Mistry in a statement said he was “disappointed” but not surprised by the National Company Law Tribunal’s (NCLT) dismissal of his petition.

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Bank of China to Operate in India, RBI Issues License

 Wednesday, July 4, 2018  |  No Comments

The Reserve Bank of India on Wednesday issued licence to Bank of China to operate in India, according to sources.

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Samsung Phones are Randomly Sending Owners’ Photos to Contacts

 Tuesday, July 3, 2018  |  No Comments

For those using a Samsung smartphone, this may be unnerving. It has been discovered that some devices are sending the owner’s photos from the camera roll without consent.

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Century Real Estate Adopts Channahalli Village in Karnataka

 Tuesday, July 3, 2018  |  No Comments

Century Real Estate (CREH) has recently adopted Channahalli village near Chikkajala in Karnataka as its flagship Corporate Social Responsibility (CSR) initiative. The objective of the initiative is to work towards infrastructural and socioeconomic development in and around the village through community interventions over a 15 month period by involving various stakeholders like community, local governing bodies, the secondary school and CREH volunteers. Channahalli village has a population of approximately 1200 with 300 households.

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Egg Lovers of Mumbai Rejoice With the Launch of EggXactly

 Monday, July 2, 2018  |  No Comments

EggXactly! A unique quick service meal for egg lovers in Mumbai was recently launched in the city. Run by pioneers in the food business, Eggxactly opened its doors for the food enthusiasts of Mumbai with 3 outlets in Khar, Powai, and Goregaon.

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Revenue Collection for April-May Capped at Rs.1,27,461 Crore

 Saturday, June 30, 2018  |  No Comments

A sum of Rs.1,27,461 crore has been collected towards revenue up to May this year, the Ministry of Finance said on Friday.

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Zomato Launches Operations in 25 new Cities in India

 Wednesday, June 27, 2018  |  No Comments

Food ordering app Zomato has announced the launch of its platform across 25 new cities in India, including Trivandrum, Vijayawada, Raipur, Madurai, Jodhpur, Thrissur, Ajmer amongst others.

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6 Must Have Apps for Every HR Professional

 Tuesday, June 26, 2018  |  No Comments

One of the most crucial functions in any organization is the Human Resources.

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Axis Bank Opens new Branch in Jammu-Kashmir’s Kargil

 Tuesday, June 26, 2018  |  No Comments

Axis Bank, India’s third largest private bank, opened a new branch at Kargil, on Monday.

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Essential Apps for Working Women of Today!

 Saturday, June 23, 2018  |  No Comments

Being a woman is itself is the challenging part, whether you are working or a homemaker. Womanhood lugs a lot of responsibilities not only for the family but also for themselves.

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Yamaha Launches Electric Bikes Replacing Traditional Ones

 Friday, June 22, 2018  |  No Comments

Yamaha has launched electric bikes to replace traditional bikes and motorcycles.

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5th India International MSME Start-up Expo Begins Today

 Friday, June 22, 2018  |  No Comments

Entering into its fifth successful year, the India International MSME Start-up Expo 2018 will begin at Pragati Maidan in New Delhi today.

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Deteriorating Performance Puts 11 Public Sector Banks Under Corrective Action Framework

 Wednesday, June 20, 2018  |  1 Comment

Not much is known about the success rate of this corrective framework that was updated only in April 2017. United Bank of India and Indian Overseas Bank that were put under the framework have not improved much on their Non Performing Assets (NPAs) and have in fact shown counterproductive results.

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Ex-RBI Deputy Governor R Gandhi Joins Paytm

 Wednesday, June 20, 2018  |  No Comments

One97 Communications Limited, the company that owns digital payment major, Paytm, announced the appointment of retired Reserve Bank of India (RBI) Deputy Governor, Rama Subramaniam Gandhi, as an advisor.

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Rs 16,387 Crore Tax-free Budget Presented in Tripura

 Wednesday, June 20, 2018  |  No Comments

Tripura Deputy Chief Minister Jishnu Dev Varma presented a Rs 16,387.21 crore tax-free budget for the financial year 2018-19.

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Pradeep Parameswaran Appointed Uber President- India, South Asia

 Tuesday, June 19, 2018  |  No Comments

Ridesharing platform Uber announced the appointment of Pradeep Parameswaran as the new President of India and South Asia, effective immediately.

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Essel Infraprojects Bags 3 Waste-to-Energy Projects in Andhra

 Friday, June 15, 2018  |  No Comments

Essel Infraprojects Limited (EIL), an enterprise of Subhash Chandra led Essel Group, has bagged three waste-to-energy (WtE) projects in the cities of Kadapa, Anantapur and T.P Gudem in Andhra Pradesh.

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Tata Sons Backs R Venkataramanan in AirAsia Case

 Friday, June 15, 2018  |  No Comments

The trustees of Tata Sons on Thursday extended their support to R Venkataramanan in connection with the ongoing bribery investigation against AirAsia Private Limited.

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Indian Dhivya Suryadevara Named General Motors CFO

 Thursday, June 14, 2018  |  No Comments

General Motors Co on Wednesday announced Dhivya Suryadevara as Chief Financial Officer as the successor to retiring Chuck Stevens.

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Nissan Announces Expansion Plans in India, Africa, Middle East

 Thursday, June 14, 2018  |  No Comments

Nissan Motor Co. aims to expand the company’s footprints in African, Middle Eastern, and Indian markets as part of its six-year midterm plan.

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Phonepe, Ola Tie-up to Enable Hassle-free Cab, Auto Bookings

 Thursday, June 14, 2018  |  No Comments

Payments platform PhonePe on Thursday announced its partnership with Ola, India’s leading and one of the world’s largest taxi aggregator, for a hassle-free cab and auto booking experience.

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GST Refund Drive Extended Till June 16

 Wednesday, June 13, 2018  |  No Comments

The special fortnight-long drive to process pending Goods and Services Tax (GST) refunds has been extended by two more days till June 16.

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Zomato Gold now Available in Ahmedabad, Chandigarh

 Tuesday, June 12, 2018  |  No Comments

Restaurant discovery and online food ordering platform, Zomato, announced the rollout of its premium subscription program ‘Zomato Gold’ in Ahmedabad and Chandigarh.

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Introducing Axis Aha!, An Artificial Intelligence led Virtual Assistant

 Saturday, June 9, 2018  |  No Comments

‘Conversational Banking’ has turned a new leaf with the launch of ‘Axis Aha!’, an efficient virtual assistant powered by cutting-edge technology which includes proprietary Artificial Intelligence and machine learning algorithms.

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Market Indices Extend Gains Post RBI Policy

 Thursday, June 7, 2018  |  No Comments

Market indices extended gains from the previous closing on account of the Reserve Bank of India (RBI) monetary policy statement released on Wednesday.

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Dell, Tata Classedge to Digitally Empower Education

 Thursday, June 7, 2018  |  No Comments

Global tech firm Dell announced a collaboration with Tata ClassEdge- a technology-based learning solutions provider, aimed at meeting the common objective of taking digital training to schools and equipping teachers with the requisite knowledge of implementing technology in classrooms.

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Bengaluru Civic Body, French Firm Launch Waste Management Study

 Thursday, June 7, 2018  |  No Comments

Bruhat Bengaluru Mahanagara Palike (BBMP) and French environmental technology company 3WAYSTE launched a technical feasibility study on waste management in Karnataka’s Bengaluru city.

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RBI Announces key Regulatory Policies

 Wednesday, June 6, 2018  |  No Comments

The Reserve Bank of India (RBI) on Wednesday announced its bi-monthly monetary policy statement, highlighting a hike in repo rate and reverse repo rate to 6.25 and 6 percent respectively.

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Electric Vehicle Adoption Gets a Boost on World Environment Day

 Wednesday, June 6, 2018  |  No Comments

In a major boost to the electric vehicle adoption in the country on World Environment Day on Tuesday, Goldstone-BYD announced the launch as well as the export of its full Electric Feeder Bus ‘eBuzz K6’, the first bus in this category to be manufactured in India.

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ITC Commits to 100 pct Reusable, Recyclable or Compostable Packaging on World Environment Day

 Wednesday, June 6, 2018  |  No Comments

ITC Ltd, a frontrunner in Solid Waste Management in India, made a pledge on the occasion of the World Environment Day celebrations in New Delhi that over the next decade, going beyond its Extended Producer Responsibility, it will deploy superior solutions so that 100 percent of its product packaging will be reusable, recyclable or compostable.

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Bank of Baroda Reviews Lending Rates

 Wednesday, June 6, 2018  |  No Comments

Bank of Baroda has reviewed its benchmark lending rates i.e. marginal cost of funds based lending rates (MCLR) across various tenors.

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RBI to Announce Second Bi-monthly Monetary Policy of 2018-19 Today

 Wednesday, June 6, 2018  |  No Comments

The Reserve Bank of India (RBI) will announce its second bi-monthly Monetary Policy of 2018-19 on Wednesday.

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Bengaluru to Host UN Global Compact Network India Convention

 Monday, June 4, 2018  |  No Comments

Global Compact Network India (GCNI), a local network of the United Nations Global Compact in New York, is holding its 13th National Convention on the theme of ‘Sustainable Development Goals (SDGs): A Blueprint for Action’ here on June 8 at Hotel Shangri-La.

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Bombay Caterers Association Inaugurates Catering Institute in Mumbai

 Monday, June 4, 2018  |  No Comments

Bombay Caterers Association (BCA) opened the Institute of Catering Technology and Event Management (ICTEM) at Angels Education Trust, Sion (W), Mumbai. This is the first ever vegetarian catering institute offering various courses. This is also the first institute for outdoor catering industry in India.

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Serial Entrepreneur Satyen Kothari Launches Cube Wealth

 Thursday, May 31, 2018  |  No Comments

Cube Wealth, India’s first “one app, one minute” service that offers members wealth creation, automated savings, and expense management through an award-winning user-interface was launched in India on Thursday.

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Max Bupa Goactive Health Insurance Plan Recognized as Most Innovative Product

 Wednesday, May 30, 2018  |  1 Comment

Max Bupa – one of India’s leading standalone health insurance players – was felicitated with Best Product Innovation and Diversification in the Year award for its innovative and path-breaking digitally enabled offering GoActive Health Insurance Plan.

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Rajiv Gandhi Cancer Institute Launches Screening and Awareness Drive Against Tobacco

 Saturday, May 26, 2018  |  No Comments

In the run up to World No Tobacco Day 2018, Rajiv Gandhi Cancer Institute and Research Centre (RGCIRC) has lined up a fortnight long intensive program for cancer screening and increasing awareness about harmful effects of tobacco consumption which has been proven to be a major cause of cancer in the world.

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Niti Aayog Signs Sushant Singh Rajput to Promote Women Entrepreneurship Platform

 Saturday, May 26, 2018  |  No Comments

NITI Aayog on Friday announced the signing of a Statement of Intent (SoI) with Sushant Singh Rajput, to collaborate and support NITI’s flagship initiative, the Women Entrepreneurship Platform (WEP).

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Sensex Gains 200.98 Points, Nifty Above 10,500

 Friday, May 25, 2018  |  No Comments

Market indices remained positive on Friday morning amid mixed global cues.

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Bonphul Air Products Raises Rs 2 Crore From Angel Investors

 Friday, May 25, 2018  |  No Comments

Bonphul Air Products, the developer of OxyMax, India’s first-and the world’s second-oxygen optimiser, on Thursday, raised Rs 2 crore in an angel investment round from Rx Infotech and Karmesh Global Technologies.

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IRCTC Partners With Ixigo for Hotel Bookings

 Friday, May 25, 2018  |  No Comments

Leading travel marketplace, ixigo, on Thursday announced that it has partnered with subsidiary of the Indian Railways, Indian Railway Catering and Tourism Corporation (IRCTC) to exclusively power hotel bookings for its users.

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Mobikwik Launches UPI on Platform, Offers own VPA Handle

 Thursday, May 24, 2018  |  No Comments

Leading digital financial services platform, MobiKwik, on Wednesday announced the launch of Unified Payments Interface (UPI) on its platform via its own Virtual payment address (VPA) handle @ikwik.

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Impact India Foundation’s Lifeline Express Treats 12 Lakh Lives Since Inception

 Thursday, May 24, 2018  |  No Comments

Impact India Foundation is best known for the world’s first hospital train, the LIFELINE EXPRESS (LLE) which was launched in 1991 and runs on a broad-gauge railway track. The train provides quality health services free of cost to the disabled poor in rural India.

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Lendingkart Finance Disburses 25,000 Loans to MSMEs Across 1000 Indian Cities

 Thursday, May 24, 2018  |  No Comments

Lendingkart Finance Limited, one of the leading Non-Banking Financial Companies (NBFCs) in the MSME financing space and part of Lendingkart Group, has expanded its reach to 1000 cities in India.

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Top 5 Fitness Equipment you can buy on EMI

 Wednesday, May 23, 2018  |  No Comments

Fitness is a key to healthy living. With today’s fast-paced lifestyle and irregular eating habits, obesity has spread in the world like an epidemic. While eating right is the best way to keep fit, nothing can replace physical exercise.

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