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De Panache’s Survey Finds out the Creative Ways to Dazzle New Homeowners

Bangalore, Karnataka, India – Business Wire India De Panache surveyed to find out what makes the best interiors in Bangalore and found out using natural materials like natural stones wood with beautiful wall cladding imported from all over the world makes all the difference in having a truly unique designer home. An experienced interior designer [...]

Welspun India forays into mattress business

New Delhi, Mar 24 (PTI) Home textiles major Welspun India on Thursday announced its foray into the mattress category under its home linen brand SPACES. The company said it has launched 'SPACES Matchress' with a variety of offerings on the back of extensive market research as an extension of its home wellness offerings. Manjari Upadhye, [...]

Docked cargo vessel capsizes partly in Kolkata

Kolkata, Mar 24 (PTI) A vessel loaded with 165 containers partly capsized at Netaji Subhas Dock of the Kolkata port on Thursday, an official said. No casualty was reported in the incident, though a number of containers have sunk. The matter is being investigated. The vessel, M/V Marine Trust 1, was scheduled to travel to [...]

Knight Aerospace, Rossell Techsys to provide solutions for cargo aircraft conversion

Mumbai, Mar 24 (PTI) Knight Aerospace and Rossell Techsys have partnered to provide quick-change, roll-on roll-off palletised solutions for cargo aircraft conversion, a release said on Thursday. The cargo conversion systems consist of VIP/economy seating, bio-medical containment modules, patient airlift, airborne critical care, and various additional systems. Rossell Techsys, the aerospace and defense division of [...]

Federal Bank, RBIH partner to advance digital financial inclusion for women

Mumbai, Mar 24 (PTI) Private sector lender Federal Bank has teamed up with Reserve Bank Innovation Hub, a subsidiary of the central bank, as scale up partner for the second phase of Swanari TechSprint programme.The programme is aimed at advancing digital financial inclusion for women in India and to create digital solutions for bridging the gender [...]

IIFL Home Fin ties-up with SBI for affordable housing loans under co-lending model

New Delhi, Mar 24 (PTI) IIFL Home Fin has entered into a strategic co-lending partnership with State Bank of India to accelerate effective and affordable credit to small home buyers in the country. IIFL HFL, a digital-first home finance company, has signed an agreement with SBI for co-lending of priority-sector home loans. "This is SBI’s [...]

Khadi sales touch Rs 3,030 cr till Dec 2021

New Delhi, Mar 24 (PTI) Khadi sales stood at Rs 3,030 crore as of December 31, 2021, against Rs 3,527.71 crore in FY21, Parliament was informed on Thursday.In a written reply to the Lok Sabha, Minister of State for MSME Bhanu Pratap Singh Verma said the ministry has taken several steps to boost the sale [...]

Mukunda Foods raises USD 5 mn from Zomato, others

New Delhi, Mar 24 (PTI) Food robotics and automation firm Mukunda Foods on Thursday said it has raised USD 5 million (over Rs 35 crore) in a funding round led by Zomato. The fresh round of funding takes the company's post-money valuation to USD 30 million, Mukunda Foods said in a statement. The company further said [...]

Netcore acquires 90% stake in US-based Unbxd for USD 100 mn, plans IPO in a year

New Delhi, Mar 24 (PTI) Software-as-a-service firm Netcore has acquired 90 per cent stake in artificial intelligence-based product discovery platform Unbxd for USD 100 million to enhance its customer experience technology solutions, a senior company official said on Thursday. Netcore Cloud group CEO Kalpit Jain told PTI that the company is looking to come up [...]
Invesco supports Zee-Sony merger deal; not to pursue EGM call to remove ZEEL MD

Invesco supports Zee-Sony merger deal; not to pursue EGM call to remove ZEEL MD

Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove Managing Director and CEO Punit Goenka and two independent directors. Zee Entertainment Enterprises Ltd (ZEEL) has also welcomed the [...]

BULLION CLOSING RATE

BULLION CLOSING RATE MUMBAI, MARCH 24 (PTI) MUMBAI BULLION :- OPENING CLOSEING SILVER SPOT (IN RS PER KILO) : 67770.00 67864.00 STANDARD GOLD (99.5) : 51570.00 51611.00 PURE GOLD (99.9) : 51777.00 51818.00 -------------------- PTI MUM SSBSSB SSB

Pratt & Whitney setting up India Capability Centre in Bengaluru

Hyderabad, March 24 (PTI): Pratt & Whitney is setting up a world class global supply chain support centre- India Capability Centre in Bengaluru, a senior official of the aircraft engine maker said on Thursday. Sandeep Sharma, director, India operations, supply chain, Pratt & Whitney Canada, said the new centre will initially recruit about 160 aerospace [...]

CAMSRep unveils policy holder traceability solution

Chennai, Mar 24 (PTI) Computer Age Management Solutions Insurance Repository Services Ltd (CAMSRep) on Thursday said it has launched a deep contact tracing facility to assist insurance companies in addressing their issue of unclaimed amounts. CAMSRep claimed they have launched an industry first PolicyGenie Deep Contact Tracing product -- an efficient and cost-effective solution leveraging [...]

Tameemi Foods, A Brand New Launch by NSR Group Emphasis on ‘Copper Controlled Roasting Technology – CCR’ in South Indian Breakfast Menus

Kochi, Kerala, India (NewsVoir) The organized breakfast market in South India has a new entrant with Tameemi Foods. NSR Group of companies having its headquarters at Inkel Business Park, Angamaly has recently launched its new food brand Tameemi Foods specializing in South Indian Breakfast products. The Kerala based corporate group, which has made a name [...]

JK Tyre brings puncture guard technology in tyres for four-wheelers

New Delhi, Mar 24 (PTI) JK Tyre & Industries on Thursday said it has come up with the country's first puncture guard technology in tyres for four-wheelers. The technology, with specially engineered self-healing elastomer inner coat, applied inside the tyres through an automated process, heals the punctures. The company plans to build in the technology [...]

FlyBig to get 10 Otter Series planes

Hyderabad, Mar 24 (PTI): FlyBig, the newest scheduled commuter airline of India, on Thursday said it has signed a letter of intent to acquire up to 10 aircraft of De Havilland Canada Twin Otter Series 400 to serve small and remote regions. FlyBig operates commercial flights to destinations in the North-East, South, and Central under [...]

Maruti’s Bhargava brushes aside concerns on EV project; says there’s nothing against shareholders

New Delhi, Mar 24 (PTI) Brushing aside concerns raised by proxy advisory firm IiAS on Suzuki's investment in the EV project, Maruti Suzuki Chairman RC Bhargava on Thursday asserted that there was nothing in it against the interest of the company and its shareholders as it is part of an earlier arrangement.Countering the criticism from [...]

Bank of Maharashtra raises Rs 290 cr via AT1 bonds

New Delhi, Mar 24 (PTI) Public sector lender Bank of Maharashtra (BoM) on Thursday said it has raised Rs 290 crore by issuing Basel III compliant bonds. The bank issued Basel III compliant additional tier 1 (AT1) bonds of Rs 290 crore, including green shoe option of Rs 40 crore, on Wednesday at a coupon [...]
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