India

Muthoot Finance's Public Issue of NCD's to open from today

Muthoot Finance's Public Issue of NCD's to open from today

New Delhi [India], Jan 17 : Largest gold financing company in India Muthoot Finance Ltd. will open the public issue of its Non-Convertible Debentures - Secured and Unsecured (NCDs) from today.

The company will announce its 16th series of Public Issue of Non-convertible Redeemable Debentures.

It has filed a shelf prospectus for issue of Secured Redeemable Non-Convertible Debentures ("Secured NCDs") of face value of Rs. 1,000 each aggregating up to Rs. 1300 crore and Unsecured Redeemable Non-Convertible Debentures ("Unsecured NCDs") of face value of Rs. 1,000 each aggregating up to Rs. 100 crore, totaling up to Rs. 1400 crore ("Shelf Limit").

Parenting network Tinystep bags two million funding from Flipkart

Parenting network Tinystep bags two million funding from Flipkart

New Delhi [India], Jan 17 : Parenting social network Tinystep has announced receiving of USD two million funding from ecommerce giant, Flipkart to advance their product, better the user experience and expand on their services.

The promising startup works in the sphere of pregnancy and parenting.

Flipkart instilled its faith in Tinystep with a USD two million funding as they

saw potential in Tinystep's product and traction. The app's features continue to gain favor within the user base and outside, attracting more and more parents by the day, both expecting and new.

AWS and Cloud Kinetics - transforming the way enterprise runs SAP

AWS and Cloud Kinetics - transforming the way enterprise runs SAP

New Delhi [India], Jan 17 : Cloud Kinetics, a premier provider of Cloud Solutions and an AWS Advanced Consulting Partner was on stage at SAP PKOM Singapore on January 12th 2017 to share the experience of how enterprises are leveraging Amazon Web Services to transform and operate SAP.

Vidyashankar J, CEO of Cloud Kinetics shared the commitment and the strategic importance of its partnership with AWS and years of successful experience in deploying and operating SAP on AWS. Key highlights were how Cloud Kinetics customers benefitted by running SAP on Cloud with the OpEx model, starting with a small footprint and scaling out with growth thus gaining substantial cost savings, Year on Year.

Would like to be a parent as I have immense love to offer: KJo

Would like to be a parent as I have immense love to offer: KJo

Mumbai (Maharashtra) [India], Jan. 17 : The world is witnessing an all together different side of ace filmmaker Karan Johar, courtesy his biography 'An Unsuitable Boy'.

In-conversation with author Shobha De at the recently held book launch, the 44-year-old shed light on his nurturing quality, while expressing his desire to become a parent.

Karan revealed he realised this quality when he launched Alia Bhatt, Sidharth Malhotra and Varun Dhawan in 'Student of the Year'.

Delta ID introduces Iris Scanning Technology for in-Car Biometrics and Secure Autonomous Driving at CES 2017

Delta ID introduces Iris Scanning Technology for in-Car Biometrics and Secure

New Delhi [India], Jan. 16 : Delta ID Inc. has introduced its iris scanning technology for automotive at CES 2017. Delta ID collaborated with Gentex Corporation (NASDAQ: GNTX) to demonstrate the use of iris scanning as a secure, reliable and convenient way to identify and authenticate the driver in a car, and as a way to elevate the security of automobiles during the driving experience.

Delta ID and Gentex demonstrated a rearview mirror that scans the iris of the driver upon entering the vehicle and gets ready to drive. Only if authorised, the driver is able to start and drive the vehicle.

ZingHR wins CIO CHOICE 2017 Honor and Recognition in HR and Global Payroll Services for SMEs

ZingHR wins CIO CHOICE 2017 Honor and Recognition in HR and Global Payroll

Mumbai [India], Jan.16 : ZingHR, the new age employee-centric cloud HCM Platform, announced on 6th January, 2017, that it was honored with CIO CHOICE 2017 Award in HR and Global Payroll Services for the SME category. CIO CHOICE celebrated its 5th Anniversary, the only independent ICT Vendor Recognition platform - Voice of CIOs in India.

The marquee 5th Annual CIO CHOICE Recognition landmark event saw a gathering of 400+ CIOs and ICT Business Leaders. This exclusive Red Carpet Night, presented Honor and Recognitions in 52 categories, recognizing 28 distinct ICT Brands.

Liberty Group signs exclusive deal with Letstrack for kids security

Liberty Group signs exclusive deal with Letstrack for kids security

New Delhi [India], Jan. 16 : Letstrack, UK based IoT startup, is now in collaboration with Anything Skool, an initiative of Liberty Innovation Outfits Limited, covering more than 500 schools for One Stop Safety and Security Solutions.

Letstrack is a global real time instant messaging and tracking app for smart phones, tracking devices and browsers. With the association, Anything Skool will connect Letstrack to its schooling partners so that schools can take an initiative towards safety and security of their students. Letstrack will provide their tracking devices to the buses of the school which will help schools track their buses easily.

IndianGiftsPortal launches India's first gift discovery platform

IndianGiftsPortal launches India's first gift discovery platform

Mumbai [India], Jan. 16 : IndianGiftsPortal (now IGP.com), a multi-category gifting company, has launched its new revolutionary web portal based on ground-breaking innovation for a superior customer experience. The highly interactive and intuitive 'gift discovery platform' will allow customers to find the perfect gift for their loved ones in a swift and seamless manner.

Remonetise India - A citizen's pledge has been kicked Off by Times Network

Remonetise India - A citizen's pledge has been kicked Off by Times Network

Mumbai [India], Jan.16 : Times Network, the broadcast arm of the Times Group initiated, 'Remonetise India - A Citizen's Pledge', a nationwide crusader campaign, urging Indians to take the next step from demonetization and pledge for growth.

Keeping the government's vision in mind, Remonetise India is an initiative by the Times Network which calls all the Citizens of India to come out and make a difference.

Organic Shop is back with the 'Organic Loot'

Organic Shop is back with the 'Organic Loot'

Jaipur, Rajasthan [India], Jan. 16 : After the success of its previous two editions in 2014 and 2015, the third edition is all set to raise the bar higher with discounts up to 85 percent on categories like clothing, food, beauty care, health and wellness and home and garden. With the growing demand for organics and massive response from its previous two editions, this year the Loot is planned for two days from January 19 to 20, 2017 with heavy discounts on all products.

MindHour presents unlimited exam doubt support

MindHour presents unlimited exam doubt support

Bengaluru, Karnataka [India], Jan. 16 : MindHour, an EduTech company, announces 'Free and Unlimited Doubt Clearing' support named 'MindHour Se Poochhlo' starting on Monday on their website.

The endeavour is specially designed to provide the students with a perfect solution to all their questions. Qualified and experienced teachers will go all the way to make sure that the query is resolved.

Sumit Marda, MindHour CEO and Co-Founder, speaking on the announcement of 'MindHour Se Poochlo', said, "'MindHour se Poochlo' is a unique idea specially created for the students to clear all their doubts during the pre exam days. It is an extraordinary concept to provide students with every possible solution."

Commerce Ministry launches 'SEZ' app under e-governance initiative

Commerce Ministry launches 'SEZ' app under e-governance initiative

New Delhi [India], Jan. 16 : A mobile app called 'SEZ India' has been launched by the Commerce Ministry that provides detailed information about the country's special economic zones, an official statement said yesterday.

The SEZ Division, Department of Commerce under its broader e-governance initiative that is, SEZ online System, has developed mobile app earlier this month for Special Economic Zones (SEZs).

The Commerce Ministry launched the app and mentioned that the app would help the SEZ units and developers to find information easily and track their transactions on SEZ online System.

With the help of the app, the SEZ developers and units can file all their transactions digitally through SEZ online system and track the status.

Policybazaar.com launches a new campaign for term insurance awareness

Policybazaar.com launches a new campaign for term insurance awareness

New Delhi [India], Jan. 15 : Policybazaar.com has launched a new television campaign, with the tagline 'Policybazaar.com par term insurance lena bhool kar bhi mat bhoolna'. The campaign aims to highlight the importance of having a term insurance plan.

The new TV commercial will see actress Achint Kaur as a Seance medium.

With this campaign, Policybazaar.com intends to give a push to the consumers' buying decisions, by focusing on the challenges that the family would have to face in their absence, including inability to sustain the current lifestyle. A month long campaign is designed by the in-house team of Policybazaar.com and executed by K Silent Productions. The TV campaign will go on air on January 15, 2017.

Healthcare sector needs rational stent pricing, says NATHEALTH

National Pharmaceutical Pricing Authority

New Delhi [India], Jan. 13 : With recent government notification to bring stents under the country's drug price control order, the prices of the life saving device would be regulated and capped by the National Pharmaceutical Pricing Authority (NPPA).

In view of the latest notification and its wider implications on healthcare technology providers, Healthcare Federation of India (NATHEALTH) has suggested that the government needs to form a Health Technology Assessment Board for standardising and regulating the stent quality in India.

Louvre Hotels Group announces acquisition of Sarovar Hotels

Louvre Hotels Group announces acquisition of Sarovar Hotels

New Delhi [India], Jan. 13 : Louvre Hotels Group has announced its acquisition of a majority stake in Sarovar Hotels, the largest independent Indian hotel chain in terms of hotels and presence.

The group has decided to become a majority stakeholder in Sarovar Hotels, an Indian company made up of 75 hotels on the premium, mid-range and budget sectors, through 3 leading brands -- Sarovar Premiere, Sarovar Portico and Hometel. There will be, however, no change in management of the Sarovar Group.

PVR Cinemas crosses 100 crore box office collection for the movie 'Dangal'

PVR Cinemas crosses 100 crore box office collection for the movie 'Dangal'

New Delhi [India], Jan 13 : An historical milestone in the Indian film industry where the largest multiplex chain in the country, PVR Cinemas has crossed the 100 crore box office collection mark.

The multiplex chain continues to be the frontrunners in providing the world class cinema experience to its patrons and achieve greater milestones each year. Continuing this legacy, the beginning of the year 2017 has proven to be extremely promising for the brand, where it has attained a stellar Rs. 100 crore box office collection for the movie 'Dangal'- a fiercely overwhelming movie of this year.

Idea Cellular to raise Rs. 500 crore via non-convertible debentures

Idea Cellular to raise Rs. 500 crore via non-convertible debentures

New Delhi [India], Jan 13 : Telecom operator Idea Cellular on Friday announced its plans to raise Rs. 500 crore through issuance of non-convertible debentures.

The telecom company is proposing to issue unsecured redeemable non-convertible debentures amounting to Rs 500 crore on private placement basis.

Idea in a regulatory filing today announced its plan is to issue NCDs on January 17 on National Stock Exchange on which it is offering 7.77 percent annual interest.

"The date of maturity for these NCDs will be January 17, 2022. This would be the third fund raising round by Idea within a period of two months. Idea raised Rs. 1,500 crore on December 13 and Rs. 1,000 crore on January 4 through issue of debentures on private placement," added the regulatory filing. (ANI)

Future Generation Optical Transport Networks Summit 2017 to be held in Mumbai on February 8

Future Generation Optical Transport Networks Summit 2017 to be held in Mumbai

New Delhi [India], Jan. 13 : Nexgen Conferences has announced the second edition of Annual Future Generation-Optical Transport Networks Summit 2017, an international conference cum exhibition. This conference will be held on Wednesday, February 8, 2017 at ITC Maratha in Mumbai.

The conference is designed to bring together key telecom industry professionals, stakeholders, leaders, analysts and users under one roof to participate in the discussions on optical technology development and deployment requirements. The emphasis will be on exploring smarter as well as cost-effective solutions for entire Optical Transport Network (OTN) portfolio including optical-fibre technology, Wave-length Division Multiplexing (WDM) and high-capacity network infrastructure.

SC to hear Nirbhaya convicts plea challenging Delhi HC order

SC to hear Nirbhaya convicts plea challenging Delhi HC order

New Delhi [India], Jan. 13 : The Supreme Court on Friday will hear the appeal of December 16 gangrape convicts challenging the Delhi High court order which had sentenced the four convicts to the gallows after keeping in view the fact that it was a rarest of the rare case.

The matter is at the fag end where arguments were being heard.

The four convicts - Akshay, Pawan, Vijay and Mukesh - have challenged the Delhi high court order which had sentenced the four convicts to the gallows after keeping in view the fact that it was a rarest of the rare case.

The arguments in the case were being heard by an apex court bench headed by justice Dipak Misra.

SP 'cycle' war to continue at EC today

SP 'cycle' war to continue at EC today

New Delhi [India], Jan 13 : The Election Commission on Friday will hear the warring Samajwadi Party factions i.e. of party patriarch Mulayam Singh Yadav and the other of his son Akhilesh Yadav, staking claims over the party symbol 'cycle'.

Candidates from both, Mulayam and Akhilesh camps cannot fight election on 'cycle' symbol at the same time, therefore, the EC will have to take a call on the issue before the filing of nominations begins.

The Samajwadi Party in-fight refuses to subside, as the current stalemate between Akhilesh and his father Mulayam Singh Yadav over the post of the party president, failed to reach a conclusion.



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