Jaipur, January 22, 2019 – Samsung, the world leader in advanced semiconductor technology, today announced its latest Exynos 7 Series 7904, a mobile processor with enhanced multimedia support that allows high-end features in mid-range smartphones. Customized for India, the cost effective processor is optimized to deliver high-end multimedia capabilities in the mid-range smartphones. Exynos 7904 delivers fast octa-core performance required for …
Read More »Monthly Archives: January 2019
LIC completes 51% controlling acquisition in IDBI Bank
Jaipur, January 22, 2019: LIC completed acquisition of 51% controlling stake in IDBI Bank today on 21st January 2019, making it the majority shareholder of the bank. The deal, conceptualized in June 2018, is envisaged as a win-win situation for both IDBI Bank and LIC with an opportunity to create enormous value for shareholders, customers & employees of both entities …
Read More »AdvantEdge launches Fund-II- A Rs 300 crore Mobility First Transformation Fund
Jaipur, January 22, 2019: AdvantEdge Founders, an early stage consumer technology venture capital fund today announced the launch of AdvantEdge Founders Fund II – a Mobility First Transformation Fund based in India. The fund is poised to target the massive mobility opportunities available in the Indian Start-up ecosystem with the aim of creating future “Indicorns” or thousand crore rupee companies. …
Read More »TVS Motor Company reported a revenue growth of 26.0%, volume grows by 19%, EBITDA grows by 25% in Q3 of FY 2018-19
Jaipur, January 22, 2019: TVS Motor Company reported a revenue growth of 26.0% for the third quarter of FY 2018-19. Total revenue grew to Rs. 4664.6 Crores in the current quarter of 2018-19 from Rs. 3703.1 Crores in the quarter ended December 2017. EBITDA for the quarter ended December 2018 is Rs. 375.7 Crores compared to Rs. 300.5 Crores for …
Read More »OYO Quote – Kumbh Mela
Jaipur,22 January 2019: Owing to the ongoing Kumbh Mela, our bookings in Allahabad have increased manifold. Interestingly, so far, the most amount of bookings we have received are from Lucknow (51%) followed by Kanpur (16%) followed by the others. Following the increasing demand, we have diversified our stay options for the devotees which include 600-800 tents. These tents are located …
Read More »RUJ Group to bring Multiple Super Specialty in Jaipur, Rajasthan
21st January, 2019; Jaipur By 2022, healthcare market in India is expected to reach US$ 372 billion backed by strong demand of better healthcare services, rising awareness about healthcare, increasing acceptance of insurance and government’s thrust to improve healthcare standards. With an aim to provide quality healthcare services, Rajendra & Ursula Joshi Group are today announcing RUJ Hospitals Private …
Read More »EXIM BANK, ON BEHALF OF THE GOVERNMENT OF INDIA, EXTENDS A LINE OF CREDIT OF USD 200 MILLION TO THE GOVERNMENT OF THE REPUBLIC OF UZBEKISTAN
Jaipur, January 18, 2019: Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India (GOI), extended a Line of Credit [LOC] OF USD 200 million for housing and social infrastructure projects to Government of the Republic of Uzbekistan. The LOC Agreement to this effect was signed between Mr. Sukhrob Rustamovich Kholmuradov, Hon’ble Deputy Prime Minister of …
Read More »L&T Technology Services Q3 FY19 | 36% YoY rise in revenues and 47% YoY growth in net profit
Jaipur, January 18, 2019: L&T Technology Services (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the third quarter ended December 31, 2018. Highlights for Q3FY19 include: USD Revenue at $185.7 million; growth of 4.8% QoQ and 23% YoY Revenue at ₹13,169 million; growth of 4% QoQ and 36% YoY EBITDA margin at 18.4%; up …
Read More »Shri Radha Mohan Singh, Hon’ble Union Agriculture Minister, Govt. of India to Inaugurate Mother Dairy’s First Milk Processing Plant in Eastern India
Jaipur, 18 January 2019: Shri Radha Mohan Singh, Hon’ble Minister of Agriculture and Farmers Welfare, Government of India, will inaugurate Mother Dairy’s state-of-the-art milk processing plant at Math Banwari, near Pipra Kothi in Motihari, Bihar on January 19, 2019. Shri Sushil Kumar Modi, Hon’ble Deputy Chief Minister, Government of Bihar will be the Chief Guest on the occasion. The inaugural …
Read More »Exim Bank of India to receive INR 6,000 crore capital infusion, authorized capital doubled to INR 20,000 crore
Jaipur, January 18, 2019: The Union cabinet on Wednesday approved issuance of recapitalization bonds by the Government of India to the tune of ` 6,000 crore for capital infusion in Export Import Bank of India (Exim Bank). The equity will be infused in two tranches of ` 4,500 crore in FY 2018-19 and ` 1,500 crore in FY 2019-20 respectively. The …
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