User: vj712 Topic: Indian startups
Category: Indian startups
Last updated: Apr 21 2018 15:39 IST RSS 2.0
 
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Nifty closes above 5000 on better-than-expected Q2 ... 30.8.2033 CNN-IBN Top Stories
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First year's service for smallest Rolls-Royce 21.4.2018 General News
In the Spring of 2017, Rolls-Royce Motor Cars unveiled a seminal new concept in luxury, crafted for one very special customer, St Richard's Hospital Pediatric Day Surgery Unit in the marque's home town of Chichester, West Sussex.The appropriately-named Rolls-Royce SRH was hand-built to allow children awaiting surgery to drive themselves to the operating theatre, through the Pediatric Unit corridors which are lined with 'traffic signs'. The experience of 'self-drive to theatre' has been proven to reduce child patient stress.Twelve months later, Rolls-Royce Motor Cars welcomed the return of its smallest automotive family member to the Home of Rolls-Royce at Goodwood for its first year's service. The car has performed faultlessly, with no 'failures to proceed' and was given a clean bill of health by technicians in the company's analysis centre. An average of one child per day has driven to the operating theatre in the Rolls-Royce SRH."We've received fantastic feedback from families ...
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TCS powers Tatas into Rs 10 trillion m-cap club 21.4.2018 Rediff: Business
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.
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Is cash crunch affecting printing machinery biz? 21.4.2018 General News
When asked about whether the alleged cash crunch in the country is also affecting the printing machinery business, Sangam Khanna from Komori, the company which is among the top two companies worldwide engaged in providing currency printing machines, said that their business supplies the equipment as and when asked by the Reserve Bank of India (RBI)."We are manufacturers, we are not printers. The manufacturer supplies the equipment, and how you use it after that depends on you. We, being the manufacturer, give a 99 percent assurance to the government of India that our machine is available when required. What happens after that does not concern us. The government has policies, what they aim to derive from that is their outlook," Sangam Khanna told ANI.In a move to strengthen their footprint in India, Komori Corporation Ltd., the Japan-based leader in offset presses, Digital press, Pesticide Environmental Stewardship Program (PESP) products and banknote/security presses commenced its ...
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Is cash crunch affecting printing machinery biz? 21.4.2018 Sify Finance
[India], Apr. 21 (ANI): When asked about whether the alleged cash crunch in the country is also affecting the printing machinery business, Sangam Khanna from Komori, the company which is among the
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Indian Intelligence Services monitoring Russia's war on Telegram 21.4.2018 Latest News
The Russian experiment, if successful, could give new life to the Government of India's own efforts to place restrictions on encrypted communication technologies
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News digest: CJI's impeachment, shell companies, cash crunch, and more 21.4.2018 Latest News
With cash transactions routed through banks taking a hit due to a cash crunch, the rural economy is at the risk of a slowdown ahead of the monsoon
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Procter & Gamble sees double-digit sales growth in Indian market in Q1 20.4.2018 Business Standard: Today
P&G's archrival Unilever had also said that it had delivered strong Q1 sales growth in emerging markets, led by an uptick in volume growth
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VICE Media enters India, targets younger generation 20.4.2018 General News
VICE Media, a leading youth media brand, today announced its operations in India in partnership with the Times of India Group. VICE India will bring locally relevant content in Hindi and English languages targeting the millennial generation, the companies said in a joint statement. VICE India has introduced all of its digital brands under the VICE.com banner and its local content programming will span conversations across topics like food, music, politics, sports, sex, identity, nightlife, arts, and comedy, it added. "Everything we do, our aim is to reach the aspirational mass audience which is about to make their voices heard loudly in India," VICE APAC CEO Hosi Simon said. "We are looking beyond urban India, into the regional emerging, aspirational, and highly curious youth population, which we believe will own the future of the country very soon," he added. Times Bridge CEO Rishi Jaitly said: "We are looking forward to VICE India becoming the country's leading youth media company, .
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True Balance gets $23 mn in funding 20.4.2018 Hindu: Health
True Balance, a digital wallet and financial services platform, said on Friday that it had raised $23 million.The funding round saw participation from
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Vodafone launches VoLTE services in Chennai 20.4.2018 General News
Telecom major Vodafone today announced the rollout of Voice-over LTE Services in the city and said it would expand the service across the State over the next few months. The company had recently launched the VoLTE services in Maharashtra, Goa, Mumbai, Delhi-NCR, Gujarat, Rajasthan and Haryana among others. Voice over Long-Term Evolution (VoLTE) is a technology for facilitating voice on 4G network and lowers cost of offering voice calls. With the launch of VoLTE service, 4G customers in Chennai will be able to make calls using VoLTE services and enjoy HD quality crystal clear voice, the company said. Vodafone 4G customers can access Vodafone VoLTE for no additional charges and all calls would be billed as per existing plan, the statement said. "We have been making significant investments to expand, upgrade and modernise our network to ensure that we provide the finest service experience," Vodafone India, Business-Head, Tamil Nadu, S Murali said in a statement. "We are ...
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True Balance raises $23mn towards expanding operations 20.4.2018 General News
True Balance, a digital wallet and financial services platform, raised USD 23 Million in a Series B2 funding, which it intended to use towards talent acquisition and expanding benefits of need-based financial services.For its technology and business teams, the company plans to recruit from leading educational institutes like Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) among others.Including the latest tranche, the company has raised USD 42 Million in funding so far. Previous rounds of funding saw participation from investors such as Soft Bank Ventures, Bon Angels, Mega Investment, IMM Investment, Korea Development Bank and other partners.The application provides easy balance check and recharge features for both pre-paid and post-paid users in India. It also launched a mobile wallet service recently providing faster recharges and payment options.True Balance is also doing beta testing of first of its kind Micro Loan services: 'Easy Pay Plan'- ...
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Japan's Komori sets up India office to expand printing machinery biz 20.4.2018 General News
Tokyo-based printing machinery firm Komori Corporation, which provides printing products for currency notes across the globe, has established an Indian subsidiary to strengthen its footprints in the domestic market. Komori was till date operating in India via its sole distributor Insight Group, in which Komori has bought a majority stake now. The company aims to strengthen and enhance its presence in India and nearby countries such as Bangladesh, Sri Lanka, Nepal with the launch of the India office, Komori India, Managing Director, Hirofumi Hoshino said. "With the India footprint, we will be able to provide world-class quality and strong support to aid the Indian market," he said. Komori is among the top-two companies worldwide, engaged in providing currency printing machines for many countries including the Indian rupee. The Japanese firm also specialises in various kind of printing machines used to produce brochures, calenders, books, high-quality magazine publications and packaging
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True Balance raises $23mn towards expanding operations 20.4.2018 Sify Finance
[India], Apr. 20 (ANI): True Balance, a digital wallet and financial services platform, raised USD 23 Million in a Series B2 funding, which it intended to use towards talent acquisition and
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Firms irked by RBI's order to store payments data in India 20.4.2018 Rediff: Business
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
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Honeywell tops profit estimates, raises full-year forecast 20.4.2018 General News
(Reuters) - Honeywell International Inc reported a higher-than-expected profit for the first quarter on Friday and lifted its full-year earnings forecast for the second time this year, citing higher sales in its aerospace business.
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UVZ, Punj Corp tie up to service T-72, T-90 tanks of Indian Army 20.4.2018 General News
Russian firm UVZ and Punj Corporation Pvt Ltd (PCPL) have tied up to undertake repair and maintenance of T-72 and T-90 tank engines and radiators in India. JSC URALVAGONZAVOD (UVZ), which makes main battle tanks, has also appointed PCPL as its sole representative to undertake the repair and maintenance work in India, the companies said in a joint statement today. An agreement to this effect has been signed between both the companies in Chennai earlier this month, it said. Indian Army and the Indian Ordnance Board would be able to meet the critical material and logistics supply gaps for T-72 and T-90 Tanks through Indian Rupee procurement. Awadhesh Mishra, CEO of PCPL told PTI that this agreement would result in an expected business of around Rs 1,000 crore every year as there is a big backlog of repair work of these tanks in India. The UVZ has said that for all the maintenance and repair activities undertaken by the PCPL including supply of required spares, the UVZ would provide full .
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Paytm sees 3-fold jump in gold sales on Akshaya Tritiya 20.4.2018 General News
Mobile wallet firm Paytm today said its gold sales rose three-fold to 20 kg in a single day on the occasion of Akshaya Tritiya on April 18. Maximum sales were reported in Bengaluru, Delhi NCR, Hyderabad, Mumbai and Kolkata. Over 1.5 million customers transacted 20 kg of gold items, mainly 24 carat gold coins, on its platform on the Akshaya Tritiya day this year, compared with 6.5 kg gold items on the same day last year, Paytm said in a statement. "We will expand our product portfolio aggressively in the coming months that will bring wealth management to masses," Paytm senior vice-president Nitin Misra said. Paytm customer's gold is kept in insured lockets with MMTC-PAMP, absolutely free of charge and they can get the delivery of their gold at any time, the company said.
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Allahabad HC dismisses CBI officer's plea to quash PE against him 20.4.2018 General News
The Allahabad High Court has rejected a CBI officer's plea seeking to quash a preliminary enquiry registered against him by the agency on a complaint from an MNC. The court has also imposed costs of Rs 10,000 on him. The case pertains to a CBI preliminary enquiry registered against Superintendent of Police Sudhanshu Kumar Khare, posted in the agency's Special Crime unit in Lucknow, on the complaint of Whirlpool India Limited in January. Whirpool India had alleged that when Khare was posted at Ranchi during 2013 to 2017, he had "generated a false and anonymous" complaint against the company to pressure its executives into taking back his brother into service. The agency had in January registered a preliminary enquiry against Khare after the CBI Director gave the nod. The case is being probed by an ASP-level officer in Delhi. Khare had moved the Lucknow Bench of the Allahabad High Court, claiming that he had not violated any provisions of the CBI (Crime) Manual 2005 and had not ...
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Japan-based Komori eyes Rs 200 crore business in India 20.4.2018 All News-IANS Stories
Tokyo-based Komori Corporation -- the second largest manufacturer of printing presses in the world -- is aiming for over Rs 200 crore business in India this year, top company executives said here on Friday.
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