Bajaj Allianz Life Insurance Company today rolled out Life Assist, a digital platform that provides 24X7 instant life insurance solutions for its customers. Life Assist allows customers to instantly update their profile, know your customer (KYC) including contact number, address, know claim status, top-up premiums among others, a release issued here said. "Our digital initiatives are all about giving customers the best experience possible than ever before, and on their preferred devices. So, whether customers are accessing their computers or smartphones, they will have quick and easy access to our services at all times, resulting in a speedier service delivery," Bajaj Allianz Life Insurance Managing Director and CEO Tarun Chugh said. ------------------------------------------- HRAWI welcome govt's move on reducing GST to 5% The Hotel and Restaurant Association of Western India (HRAWI) today welcomed the government decision to reduce GST levied on food bills at restaurants to five per cent from the earlier 18 per cent. This has made the GST rate uniform for all eateries across the country, HRAWI said in a release. However, restaurants in hotels with room tariffs of Rs 7,500 or above which will continue to levy GST rate of 18 per cent and will continue to receive Input Tax Credit (ITC). "Reduction of GST rate to five per cent for all restaurants has come as a pleasant surprise. This is a big boost for the industry, which has been reeling under a slowdown for quite some time.
This will definitely encourage the consumer to eat out again," HRAWI President Dilip Datwani said. -------------------------------------- Dhanuka Agritech Q2 net up 5.41% at Rs 52.81 crore Dhanuka Agritech today reported 5.41 per cent growth in net profit for the September quarter, at Rs 52.81 crore against Rs 50.10 crore in the same period last year. The company's net turnover increased by 11.40 per cent to Rs 348.02 crore in Q2 FY18 due to new products launch and post GST impact in demand, the company said in a release. "Our growth is slower than expected, due to GST and non-favourable agro-climatic conditions. For rest of the quarters of this financial year we are hopeful for registering more growth as we are continuously working on improving our product mix, ongoing branding initiatives and new product offerings," Dhanuka Agritech managing director M K Dhanuka said. -------------------------------- Hatsun Agro equips its 8,500 Milk Banks with solar energy Private dairy company Hatsun Agro Product (HAP) today said it has successfully installed Solar Systems with 100 watt capacity at over 8,500 milk collection centres of the company. These MCC are situated in various villages across Tamil Nadu, Andhra Pradesh, Telangana and Maharashtra from where HAP procures milk directly from farmers, the company said in a release. HAP has a network of around 9,500 Hatsun Milk Banks currently. "It is our constant endeavour to utilise renewable energy across all levels. The solar powered Hatsun milk centres will have uninterrupted power supply and will ensure that the weighing scale, testing equipment and all lamps work fully on renewable energy," HAP Chairman and Managing Director RG Chandramogan said.
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