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HDFC Bank opens 5,000th branch

Udaipur : HDFC Bank today opened its 5,000th branch in the country. In a double milestone, this branch was launched on the same day that it commenced operations in 1995,marking the start of its 25th year. The first branch was launched in Mumbai atSandoz House, Worli. Mr Aditya Puri, Managing ... Read More »

Rapido Bike Launches Operations in Udaipur

Udaipur : Bengaluru-based organization Rapido Bike has launched its operations in Udaipur. This company offers a novel take on an age-old concept of transportation by replacing the conventional four-wheeler taxis with bikes. Rapido’s services have been widely received in South India, and the company is looking to expand its reach ... Read More »

Air India Resumes Flights To Iraq After 30 Years

NAJAF, IRAQ: Air India on Thursday resumed flights to Iraq after a 30 year gap, when a plane carrying Shiite pilgrims landed in the city of Najaf. “This is the first time in the last 30 years” that a plane has come from India to Iraq, said Pradeep Singh Rajpurohit, India’s ... Read More »

Shemaroo Announces the Launch of New OTT Platform‘ShemarooMe’

Saluting the spirit of Asli Bollywood Fan : With this New Over The Top (OTT) Video Streaming Platform users to get access to a plethora of offerings such as Bollywood, Gujarati, Devotion, Punjabi & Kids content  Udaipur : Shemaroo Entertainment Limited, launched it’sOver the TopplatformShemarooMein the presence of new age Bollywood ... Read More »

Ramco Systems signs agreement with Port of Tanjung Pelepas

Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), a member of MMC Group has sealed an agreement with Ramco Systems to upgrade the port’s current Enterprise Resource Planning system (ERP) system. The upgrade is part of PTP’s continuous efforts in empowering its digital strategy and enhancing its operational efficiency. In addition, it ... Read More »

BLB to surrender currency segment membership in NSE, BSE

BLB has received an approval to surrender currency segment membership in National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE). The Board of Directors of the company at their meeting held on February 12, 2019, approved the same. BLB is a corporate stockbroker with over 4 decades of ... Read More »

TRF planning to raise funds

TRF is planning to raise funds by issue of preference shares or any other securities through one or more methods including through qualified institutions placement, private placement, rights issue, preferential issue or through any other permissible mode or a combination thereof, subject to such regulatory / statutory approvals as may ... Read More »

3M India reports 17% rise in Q3 consolidated net profit

3M India has reported results for third quarter ended December 31, 2018. The company has reported a rise of 10.57% in its net profit at Rs 101.39 crore for the quarter under review as compared to Rs 91.70 crore for the same quarter in the previous year. Total income of ... Read More »

HCL Technologies wins NASSCOM BPM Customer Excellence Awards 2018

HCL Technologies has won the NASSCOM BPM Customer Excellence Awards 2018 in Co-creation category. The company has received this recognition for helping its customer, a leading multinational bank and Financial Services company bring in customer-centricity with an innovative digital transformation of its Asset Management business. With the support of HCL ... Read More »

Trident wins ‘The Extraordinaire- Brand’ Award

Trident has been conferred with ‘The Extraordinaire- Brand’ Award at Brand Vision Summit ‘The Game Changers’ hosted by Nexbrands Inc. The award has been conferred upon Trident for having done the exemplary work. This award is a coveted recognition for pioneering the brand with customer-centric approach and placing the consumer ... Read More »

Bharat Forge reports 36% rise in Q3 net profit

Bharat Forge has reported results for third quarter ended December 31, 2018. The company has reported 35.79% rise in its net profit at Rs 309.83 crore for the quarter under review as compared to Rs 228.17 crore for the same quarter in the previous year. Total income of the company ... Read More »

Bata reports 51% rise in Q3 net profit

Bata India has reported results for third quarter ended December 31, 2018. The company has reported 51.36% rise in its net profit at Rs 103.18 crore for the quarter under review as compared to Rs 68.17 crore for the same quarter in the previous year. Total income of the company ... Read More »

HUDCO achieves level of loan sanctions worth Rs 15,581.24 crore

Housing and Urban Development Corporation (HUDCO) has achieved the level of loan sanctions of Rs 15,581.24 crore and loan releases of Rs 15,534.37 crore (Release against previous year sanction is Rs 7,942.06 and release against current year sanction is Rs 7,592.31), as on January 31, 2019, for FY19. HUDCO finances ... Read More »

M&M participates in new road safety campaign: Report

Mahindra & Mahindra (M&M) has reportedly participated in a new road safety campaign ‘1 Crore Haath Saath Saath’. The road safety campaign was organised by the Society of Indian Automobile Manufacturers (SIAM), the Ministry of Road Transport & Highways (MoRTH), in partnership with the NGO Drive Smart Drive Safe (D2S). ... Read More »

JK Paper reports 10% rise in Q3 net profit

JK Paper has reported results for third quarter ended December 31, 2018. The company has reported 9.76% rise in its net profit at Rs 120.26 crore for the quarter under review as compared to Rs 109.57 crore for the same quarter in the previous year. Total income of the company ... Read More »

RBI levies monetary penalty of Rs 2 million on HDFC Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2 million on HDFC Bank for non‐compliance with various directions issued by RBI on Know Your Customer (KYC)/Anti‐Money Laundering (AML) standards, more specifically those contained in their circulars dated November 29, 2004 and May 22, 2008. The ... Read More »

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