Monthly Archives: February 2019

Bank of India organizes MSME support and Outreach Program

Jaipur, February 20, 2019: In line with GOI initiative to bolster MSME sector and to reach out to MSME customers, a MSME outreach and support program was organized by BOI Navi Mumbai Zone at Thane. GOI has launched its initiative in 104 aspirational districts, Thane District being one of them. On this occasion, sanction letters to more than 98 beneficiaries …

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GJEPC presents The Artisan Jewellery Design Awards 2019

Jaipur, 20 February 2019: It was a night to remember as the real stars of India’s coveted designer jewellery descended from the skies to the Royal Opera House in south Mumbai responding to the futuristic theme of ‘Enchanted Cosmos’! The Gem & Jewellery Export Promotion Council (GJEPC) presented The Artisan Jewellery Design Awards 2019 powered by GIA (Gemological Institute of …

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Charles Handy to Study Jaipur Rugs’ Business Model which aligns with his business philosophy of sustainable business model

19th February, 2019; Jaipur: History has witnessed that any business that has kept community service in its core has always succeeded and is the most sustainable business model.  In today’s competitive business environment, it has become imperative for any business to have aim of betterment of society to go hand-in-hand with business goals.  Charles Handy, who is an internationally acclaimed …

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LTI to Acquire Germany Based NIELSEN+PARTNER

Jaipur February 14, 2019 – Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company, has signed a definitive agreement to acquire NIELSEN+PARTNER (N+P), an independent Temenos WealthSuite specialist, headquartered in Hamburg, Germany. N+P is a leading partner of Temenos in Europe and APAC. The company is well-recognized for its market-leading capabilities in Temenos …

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Yes Bank Divergence in Asset Classification and Provisioning for position as on March 31, 2018

Jaipur, February 14, 2019: The Reserve Bank of India (RBI) assesses compliance by Banks with extant prudential norms on income recognition, asset classification and provisioning (IRACP) as part of its supervisory processes. As part of this process, YES Bank has received the Risk Assessment Report for FY2018. The report observes NIL divergences in the Bank’s asset classification and provisioning from …

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SpiceJet announces daily direct flight to Jeddah from Kozhikode

Jaipur, February 14, 2019: SpiceJet, India’s favourite airline, today announced the introduction of a daily direct flight on Kozhikode-Jeddah-Kozhikode sector effective April 20, 2019, thus strengthening its network to the pilgrim city. SpiceJet is the first Indian budget airline to offer connectivity between Kozhikode and Jeddah. Jeddah is SpiceJet’s ninth international destination. SpiceJet’s flight SG 792 will depart from Kozhikode …

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Ashok Leyland posts Revenue of Rs.6325 crores;Continues to maintain double digit operating margin-Cumulative revenue up 15%; Profit up 36%

Jaipur, February 14, 2019: Ashok Leyland, flagship of the Hinduja Group, reported a revenue of Rs.6325 crores in Q3. YTD revenues touched Rs. 20,209 crores up 15% over corresponding period last year. The Company achieved an EBITDA margin of 10.3% in Q3.  The Company has posted consistent operating margins, despite market volatility, with double-digit EBITDA margins in 15 of the …

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India Health Fund launch TB Quest, a nationwide search for innovations to eliminate Tuberculosis

Jaipur, February 14 2019: The India Health Fund (IHF), seeded by the Tata Trusts, with strategic support from The Global Fund to Fight AIDS, Tuberculosis, and Malaria today announced the launch of the TB Quest – a quest for innovations towards eliminating tuberculosis. This is being co-partnered by the Ministries of Health and Family Welfare, Science and Technology, and Centre for Cellular And Molecular …

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Indian e-Residents set up 205 new Estonian companies in 2018

Jaipur,February 14, 2019: Estonia’s e-Residency program, launched in December 2014 to empower digital entrepreneurs with easy access to Europe, has seen huge success in India with over 1062 individuals applying for e-Residency in 2018. Around 205 new Estonian companies were created in the process majorly from startups and other freelancers working on sectors such as web designing, software programming, content …

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Helo celebrates Valentine’s Day with Gully Boy stars

Jaipur, 14 February, 2019: This Valentine’s Day, users of Helo, India’s leading regional social media platform, will get a chance to celebrate with the stars of one of the most awaited Bollywood movies of the year, Gully Boy, which is slated for release on 14th February. Through a partnership with Excel Entertainment, Helo has launched a seasonal campaign giving app …

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