बिजनेस

Jaipur, 31ST January 2019: Canara HSBC Oriental Bank of Commerce Life Insurance Company strengthens its traditional product portfolio with launch of Guaranteed Income Plan, which offers guaranteed benefits so that one can fulfill their dreams. Canara HSBC Oriental Bank of Commerce Life Insurance Guaranteed Income Plan is a non par, non linked guaranteed income plan which offers different cash back …

Jaipur, January 30, 2019: Chalet Hotels Limited (the “Company”), an owner, developer and asset manager of high-end hotels in key metro cities in India, allotted 1,75,84,071 equity shares to 27 anchor investors at Rs. 280 per equity share (upper end of the Price Band) aggregating to Rs. 492.35 crore as part of the anchor investor allotment prior to opening of the Rs. …

Jaipur, January 30, 2019: India’s Beauty and Wellness sector is currently estimated to be valued in the range of Rupees 100,000 Crore and is forecasted to rise almost 50% to Rs 150,000 Crore in 2020.  As per a study conducted by NSDC, Human Resource requirement in the beauty and wellness domain is poised to rise from 7.39 million in 2017 …

Jaipur, 25 January 2019: Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation of Japan, today announced the signing of Yanmar Group as its anchor customer at ORIGINS by Mahindra World City, North Chennai.  Yanmar Group, an over 100-year-old business group from Japan, will establish a diesel engine manufacturing facility in …

Jaipur, 25th 2019: India’s policy & economic environment is undergoing major changes. The Consumer Electronics and Appliance industry is also facing multi-pronged challenges. The penetration level for durables has traditionally been low in India. Currently, the penetration levels stand at 30% for refrigerators (92% in China), 23% for Smart Phones (70% in China), 13% for washing machines (88% in China), …

Jaipur ,25th January 2019: Shri. A. S. Rajeev, Managing Director& CEO, Bank of Maharashtra announced the financial results for Quarter/ nine months ended Dec 2018 along with Shri. A. C. Rout & Shri Hemant Tamta, Executive Directors of the Bank. Speaking on the occasion, Shri A. S. Rajeev stated that Bank is making all efforts to improve financial performance. Bank …

Jaipur, 25th January, 2019: Sarvatra Technologies, India’s leading end-to-end payments and banking solutions provider, has been awarded the ‘Best Banking Tech’ of the year for its world-class EFT (Electronic Funds Transfer) switch platform that played a critical role in the effective nationwide participation in NFS (National Financial Switch) network. Sarvatra Technologies was presented the prestigious award in a grand ceremony …

Jaipur, January 25, 2019: The 21st batch of the Post Graduate Programme of IIM Kozhikode has concluded its final placement for the graduating batch of 2019. This season, the placements witnessed a 16% increase in both the mean and median salary from last year. The mean salary increased from INR 17.8 LPA in 2018 to INR 20.6 LPA in 2019 …

 Jaipur, January 25, 2019: CASHe, India’s most preferred digital lending company for young salaried millennials, promoted by serial entrepreneur and private equity investor Mr. V. Raman Kumar, today announced that it has launched a unique fund transfer facility called “BuddyTransfer” for its users. With BuddyTransfer, CASHe users can now authorize to send part of their loan to up to five …

Jaipur, January 25, 2019:  Pursuant to the YES BANK release dated January 9, 2019, Subject – Update on YES Bank Board matters: Appointment of MD & CEO, YES BANK is pleased to share that Reserve Bank of India (“RBI”) has vide its letter dated January 23, 2019 approved the appointment of Ravneet Gill as the MD & CEO of YES …