Monthly Archives: January 2019

Samsung R&D Centre in Bengaluru Switches to Solar Energy, Ties up with Solar Farm 500 km Away

बेंगलुरु में सैमसंग के आरएंडडी सेंटर ने अपने कैंपस के लिए सौर ऊर्जा अपनाने का फैसला किया है। आरएंडडी सेंटर का कैंपस, जिसमें 3,000 से ज़्यादा कर्मचारी हैं, अपनी बिजली की ज़रूरतों का लगभग 88 प्रतिशत हिस्‍सा कर्नाटक के कालबुर्गी जिले में स्थित सोलर फार्म से हासिल करेगा, जो बेंगलुरु से लगभग 500 किलोमीटर दूर है। 500 किलोमीटर दूर स्थित …

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OYO Hotels gains stronghold of the Southeast Asian archipelago; Launches in Philippines with over $50 Million commitment

Jaipur, January 31, 2019: OYO Hotels and Homes, South Asia’s largest, and the world’s fastest-growing chain of hotels, homes and spaces has today announced its launch in the Philippines. After proving its mettle in Southeast Asia with successful operations in Malaysia and Indonesia, OYO Hotels is set to further expand its leadership in the region by commencing its operations in …

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Canara HSBC Oriental Bank of Commerce Life Insurance launches Guaranteed Income Plan2

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 …

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Chalet Hotels Limited allots Rs. 492 cr to 27 anchor investors

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. …

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ORIGINS North Chennai signs Japanese conglomerate Yanmar Group as its anchor customer

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 …

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Pre Budget Quote by Mr. Kamal Nandi, Business Head & Executive Vice President – Godrej Appliances and President – CEAMA

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), …

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Bank of Maharashtra’s operating profit increases to Rs. 431.85 crore

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 …

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Sarvatra Technologies accredited as Best Banking Technology provider

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 …

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