Tuesday , 14 July 2020
Breaking News

BUSINESS

Govt nominates Indian Overseas Bank for collecting donations for PM Cares Fund

Indian Overseas Bank (IOB) has been nominated by the government for collection of funds, which will be used to support the community during the Coronavirus outbreak. The funds will be assigned to PM-Cares Fund. The contributions can be made by RTGS, NEFT, IMPS, cheques and demand drafts drawn in favour of PM-Cares Fund. One can also remit contributions directly by ... Read More »

HDFC Bank receives mandate to collect donations for PM Cares Fund

HDFC Bank has received the mandate to collect donations for the PM Cares Fund. Users can pay conveniently from their homes using a slew of channels, including debit cards, credit cards and other digital banking channels. HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India ... Read More »

Tata Steel amplifies its response to combat COVID-19

In its amplified response to combat COVID-19, Tata Steel is reaching out to the citizens of Jamshedpur through various initiatives to deal with the pandemic. Tata Steel, through Tata Steel Foundation (TSF), recently launched a ten-point Combat Covid19 programme to empathise, empower and equip the communities proximate to Jamshedpur. While some of these programmes have picked up pace and are ... Read More »

Lupin launches Mycophenolic Acid Delayed-Release Tablets USP

Lupin has launched Mycophenolic Acid Delayed-Release Tablets USP, 180 mg and 360 mg. The company’s alliance partner Concord Biotech (Concord) had received an approval from the United States Food and Drug Administration (U.S. FDA) earlier. Mycophenolic Acid Delayed-Release Tablets USP, 180 mg and 360 mg, is the generic equivalent of Myfortic Delayed-Release Tablets, 180 mg and 360 mg, of Novartis ... Read More »

Goldman Sachs India Fund offloads shares worth Rs 5.30 crore of Shalby

Goldman Sachs India Fund has offloaded shares worth Rs 5.30 crore of Shalby. Goldman Sachs India Fund has sold around 12.32 lakh equity shares of the Shalby for Rs 43.04 per share on the BSE on April 03, 2020. Shalby is a chain of Multi-specialty tertiary care hospitals based out of Ahmedabad. It has combined bed strength of many beds ... Read More »

Larsen & Toubro planning to raise funds through debt securities

Larsen & Toubro (L&T) is planning to raise funds through issue of debt securities. The meeting of the Board of Directors of the company is scheduled to be held on April 09, 2020, to consider and approve the same. L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services. Read More »

Godrej Properties witnesses 11% rise in total bookings in FY20

Godrej Properties has witnessed total booking value for the financial year 2019-20 at Rs 5,915 crore up by 11% y-o-y with residential sales increasing by 14% to Rs 5,840 crore comprising of over 7,300 homes sold. The company launched 17 new projects and phases in FY 20 including 6 launches in Q4. Sustenance sales grew by 48% in FY20 to ... Read More »

Kotak Mahindra Bank logs 6.7% growth in net advances in FY20

Kotak Mahindra Bank has logged rise in net advances to approximately Rs 219,500 crore as of March 31, 2020, a growth of around 6.7% as compared to Rs 205,695 crore as of March 31, 2019. The Bank’s total customer deposits also increased to approximately Rs 258,500 crore in March 31, 2020, a growth of around 19.6% as compared to Rs ... Read More »

Roto Pumps resumes operation with limited manpower

Roto Pumps has received permission from District Administration to resume operations from April 06, 2020, with the limited manpower to ensure supply of the products to emergency service providers. The company’s most of the staff was continuing to work as per work from home policy of the company. Roto Pumps is an engineering company with global focus. With presence in ... Read More »

India Ratings affirms ratings of IndusInd Bank

India Ratings and Research (Ind-Ra) has affirmed IndusInd Bank’s Long-term Issuer Rating at ‘AA+’ with revised Bank’s outlook from Stable to Negative. The agency has also affirmed Short-Term Issuer Rating at ‘A1+’. The agency has also affirmed rating of bank’s Senior Unsecured redeemable Bonds worth Rs 2000 crore at ‘AA+’ with outlook revised to Negative from Stable. Additional Tier 1 ... Read More »

Bajaj Finance acquires 1.9 million new customers in Q4FY20

Bajaj Finance has reported 42.6 million customer franchise as of March 31, 2020 on consolidated basis, as compared to 34.5 million customer franchise as of March 31, 2019. During Q4FY20, the Company acquired 1.9 million new customers. The company’s new loans booked during Q4FY20 was 6.0 million as compared to 5.8 million in Q4 FY19. Further, the company has reported ... Read More »

Solar Industries partially restarts manufacturing operations

Solar Industries has partially resumed its manufacturing operations with the limited manpower and with all the necessary safety precaution measures to ensure the supply of products to emergency service providers. The management continues to monitor the situation closely and is taking appropriate steps – actions as per directions from local authorities and all other relevant factors. Solar Industries is one ... Read More »

Bharti Airtel’s arm partners with Bharti AXA General Insurance

Bharti Airtel’s subsidiary — Airtel Payments Bank has partnered with Bharti AXA General Insurance to offer health insurance plans to provide cover and give financial protection against COVID-19. Under the tie-up, they are offering two health insurance plans — Bharti AXA Group Health Assure which offers lump sum benefit of Rs 25,000 and Group Hospital Cash which provides daily benefit ... Read More »

TAFE offers free tractor rental for small farmers of Rajasthan during COVID-19

Udaipur : In an attempt to mitigate the impact of the Coronavirus threat on small and marginal farmers of Rajasthan and to support the farming community during a crucial cropping season, TAFE, under its CSR initiative, announced a free tractor rental scheme through its JFarm Services platform, for a duration of 90 days starting April 1, 2020. This scheme will be ... Read More »

Community at the core as Hindustan Zinc ramps up COVID-19 combat

The Udaipur based Metal and Mining company has taken extensive and expansive measures to ramp up their existing community outreach across 189 villages in Rajasthan and Uttarakhand in an effort to effectively mitigate the community at risk. As doctors, nurses, paramedics and several other frontline runners continue to help out people in this COVID-19 pandemic, there are certain communities facing ... Read More »

Airtel announces measures to shield over 80 million low-income mobile customers from the impact of COVID-19 crisis

Udaipur.  Bharti Airtel (“Airtel”), India’s largest integrated telecommunications company, today announced special measures to assist low income group customers impacted by the COVID-19 crisis. Airtel has extended the pre-paid pack validity for over 80 million customers till April 17th, 2020. All these customers will continue to get incoming calls on their Airtel mobile numbers even after the validity of their plan ... Read More »

Vedanta doubles its contribution to 201 crores to fight COVID -19

Vedanta contributes 101 crores to PM-CAREs fund. Pledges 10 lac meals across India to the daily wage earners To feed more than 50,000 stray animals daily for the next one month Steps up various other relief measures across the country through multiple initiatives  Mumbai/Delhi April 2nd, 2020: Vedanta has contributed Rs 101 crores to the Prime Minister’s Citizen Assistance and ... Read More »

Toyota Kirloskar Motorextends support to partners, announces unique sustenance packagesforits dealer network

Udaipur. In its determined endeavors to counter the repercussions brought about by COVID-19 and the nationwide lockdown that followed, Toyota Kirloskar Motor (TKM) today, announcedDealer Support Package – ‘COVID Package’ for its associates in order to support and protect their interests. This unique package will provide necessary assistance to the dealer partners to overcome the lockdown phase, ensuring their safety ... Read More »

Sunil Duggal, CEO, Hindustan Zinc appointed Interim CEO, Vedanta Limited

Udaipur : Vedanta Limited announced the appointment of Sunil Duggal, CEO, HZL as Interim Chief Executive Officer of the company. Srinivasan Venkatakrishnan will be stepping down as CEO and Director of the Company with effect from 5th April 2020, for personal reasons and will rejoin his family in South Africa. The Company’s Chairman, Navin Agarwal said “We would like to ... Read More »

JK Tyre’s Leadership Team takes voluntary pay-cut

Udaipur  : JK Tyre, pioneers of Radial technology in India, has diversified and multinational presence. Tyre Industry has been passing through difficult times owing to unprecedented slow down and disruption in supply chain. This has been aggravated by the impact of COVID-19 pandemic. It is anticipated that the situation may worsen further. Dr. Raghupati Singhania, Chairman & Managing Director, JK ... Read More »

Aster Hospitals Bangalore launches 24/7, online COVID-19 portal to advice people seeking medical help

Bangalore : In the wake of the on-going coronavirus (COVID-19) outbreak, Aster CMI Hospital and Aster RV Hospital as a part of Aster Volunteers initiative have launched a 24/7 COVID-19 Support Centre for people. The tele-triage (assessment of the condition and appropriate guidance for treatment) service will be free for everyone who are seeking medical help if they suspect they have ... Read More »

Sensex jumps nearly 500 points in early trade

Equity benchmark Sensex jumped nearly 500 points in early trade today even as investors fretted over an impending economic global recession led by Covid-19 pandemic. After gyrating over 1,000 points in a highly volatile opening session, the BSE barometer was trading 475 points higher at 31,865. Similarly, the NSE Nifty advanced 163 points, or 1.77 per cent, to 9,360.40. In ... Read More »

Tata Motors announces the launch of ‘Mega Safety Campaign’

Udaipur : Tata Motors today announced the launch of ‘Mega Safety Campaign’, a nationwide free safety check-up camp for its customers at650+ workshops. Commencing on 15th March, this campaign is a part of Tata Motors’ overall outreach during the National Safety Month and endeavors to provide an exclusive vehicle safety check-up to its customers. The campaign will run till31stMarch 2020. Apart from ... Read More »

Tata Motors inaugurates fifth Saarthi Aaram Kendra at Udaipur

Udaipur : Driven by its mission to address the issues in the trucking industry, Tata Motors, India’s largest commercial vehicle manufacturer, in association with Pasco Motors, has launched Saarthi Aaram Kendra, at Madri, near Udaipur, Rajasthan. This is the fifth Saarthi Aaram Kendra in the country, for the truck drivers, launched by Tata Motors in the last ten months. The ... Read More »

Hindustan Zinc Celebrated National Safety Week

Hindustan Zinc celebrated 49th National Safety Day on 4th March 2020 with Flag Hoisting and Safety Pledge followed by National Safety Week with the theme “Enhance Safety & Health Performance By Use Of Advanced Technologies” The event saw participation from Senior Management, employees and their families and communities residing around business locations. During the week various activities like safety trainings, ... Read More »

Yes Bank enables IMPS, NEFT services

Yes Bank has enabled inward Immediate Payment Service (IMPS) and National Electronic Funds Transfer (NEFT) services. People can now use other bank accounts to send payments towards Yes Bank credit card dues and loan obligations through IMPS and NEFT. The development comes as the Reserve Bank of India (RBI) superseded Yes Bank’s board and put a withdrawal cap of Rs ... Read More »

Yes Bank crisis Live Updates : shares down over 75%

Yes Bank shares continue to fall freely on the stock market and are currently down by 75.58 per cent. Many have questioned the timing of the RBI’s decision to impose restrictions on the bank and added that it could have acted before to avoid the crisis. The 30-day moratorium period, according to Moody’s Investor Services, could act as further deterrent ... Read More »

Jaguar Land Rover India and Tata Power announce partnership for Electric vehicle charging infrastructure

Udaipur : Jaguar Land Rover India has announced today that it has entered into a partnership with Tata Power to offer end-to-end EV charging solutions. Tata Power will provide charging solutions for Jaguar Land Rover in India, across its retail network of 27 outlets in 24 cities and at customer’s residence and/or office. India’s largest integrated Power Company, Tata Power will be ... Read More »

Enjoy the easiest car selling experience from anywhere with CarDekho

Udaipur : CarDekho.com, India’s leading full-stack auto-tech company, has launched an attractive offer for customers to sell pre-owned cars from anywhere (either home or office) within the state. This offer is valid across Rajasthan where CarDekho Gaadi has its store presence. People can book an appointment on cardekho gaadi store mobile application to get the car inspected at their home ... Read More »

Personality development and employment oriented skill development seminar and interview conducted by Bhupal Nobles University and Achievers Group

Udaipur : Interviews for personality development and employment oriented skill development seminar and four companies were conducted by Bhupal Nobles University and Achievers Group. Career Counseling and Placement Director of BN University, Dr. Kamal Singh Rathore told to Udaipur Kiran that the keynote speakers were Amit Mathur and Ramesh Chandra Bhatt, directors of Achievers, spoke to the students and highlighted ... Read More »

Ramee Group of Hotels in association with Amangiri Hotels and Resorts inaugurates HOTEL RAMEE ROYAL in Udaipur along with their famed signature outlets

Udaipur : International group, Ramee Groups of Hotels makes their debut in Udaipur as Ramee Royal. Located in Balicha, one of the most prestigious addresses in the city, the hotel combines timeless sophistication with modern luxury Their arrival in Udaipur reinforces their commitment to growing their luxury portfolio in the market. With the hotel’s strategic location, sophisticated service and refined elegance, ... Read More »

Maruti Suzuki launches the all new powerful and stylish Vitara Brezza

Udaipur : Maruti Suzuki India Limited today announced the prices of the all-new Vitara Brezza, unveiled at the Auto Expo 2020. In its newest form, compact SUV Vitara Brezza, offers enhanced sportiness, bolder looks, stronger stance, premium interiors and a host of new features. Equipped with the powerful 1.5 Litre K-series BS6 petrol engine, Vitara Brezza is sure to delight ... Read More »

Hindustan Zinc awarded at 2nd India Procurement Leadership Forum & Awards 2020

Udaipur : Ms. Amrita Singh, Head Domestic Marketing – HZL, was conferred with “Woman Procurement Leader” at 2nd India Procurement Leadership Forum & Awards 2020. The One Lakshya corporate team set up for commercial and marketing initiatives was also awarded in the innovation category. SCM pro is a thought leadership knowledge portal of Institute of Supply Chain & Management Pvt ... Read More »

Hindustan Zinc organizes Sensitisation & Awareness Session for parents of Deaf children in Rajasthan

Udaipur : Hindustan Zinc’s (HZL) Jeevan Tarang program has completed three years and reaching 700+ Persons with Disabilities (PwD). The focus is on empowering people with Disabilities to become contributing members of their families. HZL have taken the first step and is catering to the educational needs of PwD. Around 600 beneficiaries are being been educated on Indian Sign Language ... Read More »

Hindustan Zinc felicitated by News 18 for Road Safety Awareness

Udaipur : Reinforcing Safety as a priority, News 18 Rajasthan felicitated Hindustan Zinc for their efforts taken towards enhancing Road Safety awareness. Hindustan Zinc has taken proactive steps within the community to enhance road safety culture with unique initiatives like ‘Baaz’ and ‘Roko Toko’ campaigns. On behalf of Hindustan Zinc, Mr. RS Ahuja – Head HSE, received the award at ... Read More »

HDFC Bank @25 to plant 25 lakh trees, digitise 2500 classrooms

Udaipur : To commemorate the completion of 25 years, HDFC Bank will plant 25 lakh trees and digitize 2500 classrooms in Government schools across the country. These will be conducted under #Parivartan and will be completed over the next two years. Parivartan is the core plank of the Bank’s social change initiatives which encompasses environment, social and governance spheres (#ESG). ... Read More »

Land Rover Enhances The New Discovery Sport With Added Refinement And Versatility

Udaipur : Jaguar Land Rover India, today announced the launch of the New Model Year 2020 Discovery Sport – the more intuitive, practical and modern SUV. Available in the S & R-Dynamic SE derivatives, the New Discovery Sport is offered with BS-VI compliant 183 kW Ingenium Turbocharged Petrol powertrain and 132 kW Ingenium Turbocharged Diesel powertrain options. Rohit Suri, President ... Read More »

Brand Idea Moots ‘Networking’ As The Smart Solution For Better Employment, Entrepreneurship Opportunities

Udaipur :  Historically, Brand Idea has re-imagined mobile telephony – as an enabler for societal change. The issues/causes taken up through some of the memorable brand campaigns over the years have been contextual, contemporary and relatable to an urban audience, and yet been appreciated by the masses. Hark back to the time when ‘What an idea Sirji!’ gripped the imagination ... Read More »

Indica “Innovative Hair color Brand” from CavinKare ropes in Akshay Kumar & Ileana D’Cruz as it’s Brand Ambassadors

Udaipur : Indian FMCG conglomerate CavinKare announces the appointment of Akshay Kumar and Ileana D’Cruz as the latest brand ambassadors for its brand Indica that revolutionized the Indian hair color segment by introducing its great proposition of 10-minute hair coloring in 2008.  Indica with an innovative platform of 10 Minutes has established market leadership in Southern India and is framed to ... Read More »

Amazon plans training workshop in Udaipur to help MSMEs export their products to 180 countries using e-commerce

Udaipur : Amazon.in today announced that it will conduct face to face training workshops in Udaipur to familiarize micro, small and medium enterprises (MSMEs) about its Global Selling program. This program is designed to help MSMEs to come on board and sell internationally through Amazon’s global marketplaces (e-commerce websites). Theworkshop will be held on 7thFeb, 2020 at Radisson, Lake City ... Read More »

Show-Stopping Forevermark Diamond Jewellery Shines in Hollywood

Udaipur : A favorite amongst celebrities, Forevermark diamonds have consistently graced the world’s most important red carpets. The responsibly sourcednatural diamonds are poised to take center stage this year as DP Jewellershas designed Forevermark diamond jewelry exclusively for the 92nd Annual Academy Awards. Inspired by the brilliance andachievements of Hollywood’s leading women, the expertly crafted designs will be on display ... Read More »

Hindustan Zinc featured in Sustainability Year Book 2020

Udaipur : Hindustan Zinc, the only Indian Metal & Mining company featured in The Sustainability Yearbook 2020 by S & P Global in association with RobecoSAM for 3rd consecutive year as Sustainability Leaders (as Member) out of 79 Metal and Mining companies globally.  Sustainability Yearbook is annual publication by S & P Global in association with RobecoSAM  that benchmarks the ... Read More »

Union Budget disappoints Indian markets on Saturday

The Union Budget disappointed Indian markets on Saturday, as Sensex and Nifty settled with losses of around 2.50% each. Indices made a cautious start of the day, as the Controller General of Accounts’ data (CGA) showed that the government’s fiscal deficit touched 132.4 per cent of the full-year target at December-end mainly due to slower pace of revenue collections. Weakness ... Read More »

Land Rover Introduces New Range Rover Evoque In India

Udaipur : Jaguar Land Rover India today announced the launch of the New Generation Range Rover Evoque. Available in the highly specced S and the sportier R-Dynamic SE derivative, the New Range Rover Evoque is offered with BS-VI compliant 132 kW Ingenium Turbocharged Diesel powertrain and a 184 kW Ingenium Turbocharged Petrol powertrain with a 48-volt mild hybrid systemoption. Rohit ... Read More »