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Majesco has released version 11 for the Majesco Distribution Management platform. This release highlights Majesco’s continued strategic investment in the distribution management solution to enable insurers to optimize their distribution channels with rich digital, distribution and data capabilities. Some key elements includes Multi-Channel Enablement, Compensation Schemes, Enhanced Onboarding and Compliance, Performance and Relationship Management and … Read more

Central Electricity Authority (CEA) in its latest data has showed that India’s power demand dropped 4.3% in November 2019 from a year ago, representing the fourth straight month of decline, potentially reflecting a worsening industrial slowdown which has stifled overall economic growth. Data showed that electricity demand fell to 94.60 billion units in November 2019, … Read more

IDBI Bank is currently trading at Rs. 34.00, up by 0.50 points or 1.49% from its previous closing of Rs. 33.50 on the BSE. The scrip opened at Rs. 33.90 and has touched a high and low of Rs. 34.45 and Rs. 33.80 respectively. So far 62332 shares were traded on the counter. The BSE … Read more

HDFC Bank is currently trading at Rs. 1252.55, up by 2.80 points or 0.22% from its previous closing of Rs. 1249.75 on the BSE. The scrip opened at Rs. 1252.50 and has touched a high and low of Rs. 1254.00 and Rs. 1213.15 respectively. So far 42553 shares were traded on the counter. The BSE … Read more