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 …
Read More »Manish Mathur
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Confluence 2019 by Mahindra World City delves into ‘Thinking Cities: The Rise of Resilience’
Jaipur,14 February, 2019: Mahindra Lifespace Developers Limited (‘MLDL’), the real estate and infrastructure development arm of the Mahindra Group, today successfully concluded the fifth edition of ‘Confluence’, its thought leadership platform presented by Mahindra World City. The knowledge forum convened in New Delhi addressed the theme of ‘Thinking Cities: The Rise of Resilience’ this year, focusing on the role of …
Read More »SpiceJet clocks a net profit of INR 55.1 crore in Q3 FY 2019
Jaipur, February 12, 2019: SpiceJet, the country’s favourite carrier, reported a profit of INR 55.1 crore for the quarter ending December 31st, 2018 as against INR 240 crore in the same quarter last year. A strong 8% increase in passenger yields helped partially offset record high cost due to an increase of 34% in crude oil prices and 11% depreciation …
Read More »Axis Bank to offer Banking & Financing solutions to its customers.
Jaipur, 12th February, 2019: Axis Bank, India’s third largest private sector bank has signed a Memorandum of Understanding (MoU) with Kia Motors. As a part of this agreement, the Bank will now offer one-stop banking and financing solutions such as inventory funding, cash credit, auto loans, fast tags etc to the dealers and customers of Kia Motors Speaking about the partnership, Mr. J.P. …
Read More »Tata Power bestowed with two awards at The India Risk Management Awards
Jaipur, 12th February 2019: Tata Power, India’s largest integrated power utility, has constantly worked towards creating a robust regulatory compliant business by building a highly efficient risk management team. Adding another feather to its cap, Tata Power was bestowed with two awards, – the ‘Best Risk Management Framework & Systems – Power’ and ‘Business Continuity’ at the 5th Edition of …
Read More »Exim Bank extends second Buyer’s Credit of USD 15 mn under National Export Insurance Account [NEIA] in Latin America region to the Government of Republic Of Suriname
Jaipur, February 12, 2019: Export-Import Bank of India [Exim Bank] has extended its second Buyer’s Credit under National Export Insurance Account [BC-NEIA] of USD 15 mn in Latin America Region to the Government of Republic of Suriname for financing the contract for design, manufacture, supply, supervision, installation and commissioning of 19 vertical axis pumps with spares in 10 locations in …
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