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. …
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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 »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 …
Read More »LTI continues strong growth momentum ; Revenue growth up 6.1% QoQ and 20.6% YoY; Net Profit jumps 32.8% YoY
Jaipur, India: Jan 18, 2019: Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, announced its Q3 FY19 results today. In US Dollars: Revenue at USD 346.9 million; growth of 5.6% QoQ and 18.2% YoY Constant Currency Revenue growth of 6.1% QoQ and 20.6% YoY In Indian Rupees: …
Read More »Cox & Kings unveils Miss India Diaries itinerary for South Korea
18th January 2019, Jaipur: Cox & Kings, the oldest and leading tour operator with operations across continents in association with Korea Tourism Organization, Gyeonggi Tourism Organization, Jeju Tourism Organization & Seoul Tourism Organization unveils their itinerary of the magnificent trip of fbb Colors Femina Miss India Winners 2018, with an aim to make South Korea as one of the known …
Read More »AICTE Vice Chairman visits Bhartiya Skill Development University, Jaipur
Jaipur, 18th January, 2019: Prof. (Dr.) M.P. Poonia, Vice Chairman, All India Council of Technical Education, was on a visit to Bhartiya Skill Development University where he spent more than three hours with principals of different schools and staff discussing various issues pertaining to AICTE approval process. BSDU is a unique skill development university in India with a vision to …
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