Jaipur, January 9, 2019: Mahindra Agri Solutions Ltd. (MASL), a subsidiary of Mahindra & Mahindra Ltd, part of the USD 20.7 billion Mahindra Group, today inaugurated its state-of-the-art Grape Packhouse facility in Nashik. The facility was inaugurated by Dr. Pawan Goenka, Managing Director, Mahindra & Mahindra Ltd The Grape Packhouse facility is one of its kind in India and features the …
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BKT celebrates successful association with eight teams of VIVO Pro Kabaddi League
Jaipur, 9th January 2019: Eight out of the 12 teams which contested the recently concluded season 6 of the VIVO Pro Kabbadi league got a massive boost when Balkrishna Industries Limited (BKT), India’s leading manufacturer of off-highway tires, partnered them in October last year. These marquee teams included Patna Pirates, Puneri Paltan, Tamil Thalaivas, Telugu Titans, U.P. Yoddha, Bengaluru Bulls, …
Read More »UTI Value Opportunities Fund – Finding value where Market Underestimates
Financial experts often recommend that investors should invest in funds that capture the near complete spectrum of the markets, in other words well diversified funds. One tends to gravitate towards large cap funds since they optically cover anywhere from ~80-85% of the market capitalization. Although large caps do represent the broader markets/indices, investors should recognize that these funds do not …
Read More »TransUnion CIBIL- SIDBI MSME Pulse Quarterly Report signals sustained credit growth recovery
Jaipur, 07 January, 2019: The fourth edition of TransUnion CIBIL- SIDBI MSME Pulse Report shows that commercial credit growth recovery continues at 13.5% YOY growth in the Sep’18 quarter. The report further states that the total on-balance sheet credit exposure in India stood at ₹ 105.5 lakh crores as of Sep’18 of which MSME credit accounts for ₹24.7 lakh crores, …
Read More »World’s largest irrigation project — Polavaram creates double World Record
Jaipur, 07th January, 2019: Navayuga Engineering Company Limited (NECL) a dominant player in the engineering and core infrastructure, today entered the Guinness Book of World Record for concrete pouring. The flagship entity of the INR 250 billion Navayuga Group which is currently building the world’s largest flood discharge capacity dam at Polavaram in Andhra Pradesh, successfully set two GUINNESS WORLD …
Read More »Sherco TVS Factory Rally Team kickstarts Dakar 2019
Jaipur, January 07, 2019: The Sherco TVS Factory Rally Team began their Dakar 2019 journey with a ceremonial flag off held in Lima, Peru today. This is the fifth consecutive participation of the team in the iconic Dakar Rally. This year, the team boasts of 4 riders – Michael Metge (France), Adrien Metge (France), Aravind KP (India) and Lorenzo Santolino …
Read More »Year End Quote of Mr. Ravi Goyal, Chairman & MD, AGS Transact Technologies
How payments industry fared in 2018 and outlook for 2019 The Indian economy has traditionally been dominated by cash, where 95% of the consumers pay via cash or cheque. However, increasing internet penetration coupled with rising availability of smartphones have led many Indian consumers to shift to digital payment modes such as paying for goods and services through any electronic …
Read More »Cox and Kings promote TUTC Kumbh Mela packages
Jaipur, 5 th January 2019: Kumbh Mela, the largest peaceful congregation of pilgrims on earth and recognised by UNESCO as an Intangible Cultural Heritage of Humanity, has a history that dates back to thousands of years. The grandeur of the cultural extravaganza celebrated at four different cities in India, over a period of 12 years, draws throngs of devotees seeking …
Read More »SpiceJet to launch 12 new domestic flights
Jaipur, January 5, 2019: SpiceJet, the country’s favourite carrier, today announced the launch of 12 new non-stop flights and frequencies connecting metros and non-metros upon its domestic network. All the new flights are effective 20th January, 2019. SpiceJet will be the first Indian carrier to introduce daily direct flights on the Dehradun-Jammu, Dehradun-Jaipur and Dehradun-Amritsar routes. SpiceJet has also enhanced …
Read More »Gem & Jewellery Exporters Exempted from 3% IGST on supply of Gold by Nominated Agencies from January 1, 2019
Jaipur, 05 January 2019: In a major relief, the Union Government has accepted apex body – The Gem & Jewellery Export Promotion Council’s (GJEPC’s) demand to grant IGST-related exemption on supply of gold by Nominated Agencies to exporters of articles of gold. The GST Council recently announced that gem & jewellery exporters will no longer have to pay 3% IGST …
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