बिजनेस

Mahindra Electric and SmartE enter into Strategic Partnership to transform last mile connectivity in India

Jaipur, December 13, 2018: Mahindra Electric Mobility Ltd, part of the USD 20.7 billion Mahindra Group, and SmartE, India’s largest electric vehicle fleet operator,today signed a Memorandum of Understanding(MoU) to driveelectric mobility forwardin India. Under the MoU, SmartEwill introduce the first 1,000 Mahindra Treo and Treo Yaari electric three wheelers in Delhi-NCR by March 2019. The company also plans to …

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Honda 2Wheelers India launches ‘Honda Joy Club’

Jaipur, 13 October 2018: Entering its milestone 18th year in India, Honda 2Wheelers India today announced its Honda Joy Club – its first ever customer loyalty program. ‘Honda Joy Club’ is a first-of-its-kind loyalty program with unprecedented concept having unparalleled scale backed by unmatched benefits for both existing and new Honda 2 wheeler customers. It’s the biggest and 1stdigital loyalty …

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UTI Value Opportunities Fund – Finding value where Market Underestimates

Jaipur, December 12, 2018: Financial experts often recommend that investors should invest in funds that capture the near complete spectrum of the markets, in other words well diversified funds. One tends to gravitate towards large cap funds since they optically cover anywhere from ~80-85% of the market capitalization. Although large caps do represent the broader markets/indices, investors should recognize that these …

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Low Consumer Sentiment and Tight Liquidity Drives Down Vehicle Sales In November 2018

Production The industry produced a total 21,945,408 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-November 2018 as against 19,502,502 in April-November 2017, registering a growth of 12.53 percent over the same period last year. Domestic Sales The sale of Passenger Vehicles grew by 4.90 percent in April-November 2018 over the same period last year. …

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Edelweiss announces Rs. 10,000 million Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs)

Jaipur, December 12, 2018: ECL Finance Ltd (ECLF), the NBFC arm of Edelweiss Group, today announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each, aggregating to Rs. 2,500 million, with an option to retain over-subscription up to Rs. 7,500 million aggregating to a total of Rs. 10,000 million (Rs. 1,000 crores). …

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Axis Bank launches QuikPay Home Loan; An Industry-First Reducing Monthly Instalments Plan that Offers Big Savings to Home Buyers

Jaipur, December 12, 2018: Axis Bank, the country’s third largest private bank, today launched ‘QuikPay Home Loan’, a first-of-its-kind home loan offering that will let home buyers save big on the interest amount component of the loan. Essentially, as against the industry norm, QuikPay Home Loan will offer an alternative repayment structure, wherein the customer repays an equal amount of principal …

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ICICI Bank completes 20 years of digital banking journey The Bank launches revamped iMobile with many industry-first features

Jaipur December 6, 2018 : ICICI Bank celebrates crossing the milestone of 20 years of digital banking journey in the country which was started with the launch of internet banking two decades ago. The Bank was the first to launch internet banking in 1998. It repeated the same feat when it introduced its mobile banking application, iMobile, in 2008, digital wallet …

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जेट एयरवेज ने अपनी एंड ऑफ ईयर ग्लोबल सेल ‘हैप्पी हॉलीडेज का किया ऐलान

जयपुर , 6 दिसंबर, 2018: भारत की प्रीमियर, फुल सर्विस अंतरराष्ट्रीय एयरलाइन जेट एयरवेज ने दिसंबर 2018 से अपने अंतरराष्ट्रीय और घरेलू मार्गों पर 65 अतिरिक्त आवृत्तियों (फ्रीक्वेंसीज) की शुरुआत करते हुए मुंबई और दिल्ली के अपने केंद्रों पर अपने नेटवर्क को और मजबूत बना लिया है। एयरलाइन ने पुणे से सिंगापुर तक रोजाना की सीधी फ्रीक्वेंसी जोड़ी है और …

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Volkswagen Group Sales India increases it’s after sales service footprint in the country; Inaugurates a new Regional Distribution Centre in Chakan, Pune

Pune, September 24, 2018: Volkswagen Group Sales India today announced its new Regional Distribution Centre (RDC) in Chakan, Pune.  Spread over an area of 25,000 sq. m. in the premises of Volkswagen Pune Plant, this is an important milestone for the company in India in its plan to emerge as a stronger player in the country. The RDC is a state-of-the-art …

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