ALSO READKolkata stop-over for Rio-bound trio before Mumbai marathon Team India wins skills challenge at Hero India Open 'Need more aerospace resources to push India on global map' HC stays order cancellation of Greenpeace India's registration Greenpeace India claims its registration cancelled by TN RoS
Online food ordering and delivery platform Swiggy has inked a pact with Australian premium cafe chain Di Bella Coffee to deliver its coffee blends in Mumbai.
"We are excited to associate with a global premium cafe chain like Di Bella Coffee... This tie-up is another validation of our success in facilitating the delivery business of global brands in India," Swiggy Co-Founder Nandan Reddy said.
Under the agreement, Di Bella Coffee will leverage Swiggy's delivery service to reach out to a larger customer base in Mumbai.
ShudhBuy.Com to offer Patanjali Ayurved products * Online grocery store ShudhBuy.Com has joined hands with Baba Ramdev-led Patanjali Ayurved to offer a range of herbomineral products.
It will offer over 400 herbomineral Patanjali products on its online platform, the company said in a statement.
"We are delighted to associate with an esteemed brand - Patanjali. The ideology behind this profound association is to offer unadulterated and the best-in-class products to consumers," ShudhBuy.Com Founder Deepak Choudhary said.
PressPlay TV appoints Rajesh Vashista as CTO * Over-the-Top (OTT) service provider PressPlay TV today announced appointment of Rajesh Vashista as the CTO.
Vashista will lead PressPlay TV's technology thrust and will be responsible for driving innovations in apps/products and processes.
Manna Foods ropes in Ravichandran Ashwin as Brand Ambassador * Health products manufacturer Manna Foods has roped in ace Indian spinner Ravichandran Ashwin as its Global Brand Ambassador.
"As a home-grown brand built with traditional value and ethics, our natural choice was Ashwin who represents the underlying brand values. The association is also at the time when we are on an aggressive expansion phase," said Isak Nazar, Managing Director, Manna Foods.
Meru Cabs launches service in Tirupati, AP * Meru Cabs today announced the launch of its service in Tirupati, Andhra Pradesh (AP).
Meru, which aims to expand its operations in Tier-II and Tier-III cities this year, is looking to cater a large number of devotees and tourists, who come to Tirupati.
Toshiba Johnson Elevators bags order for 40 lifts from DLF
* Toshiba Johnson Elevators (India) today said it has bagged an order of 40 elevators from realty major DLF for a luxury housing project in Gurgaon.
The company, an affiliate firm of Toshiba Corporation, did not disclose the value of the contract.
Toshiba Johnson Elevators India PVT Ltd (TJEI) announced "receiving a 40 units order of elevators including eight units of three meters per second high speed elevators from DLF for its luxury condominium project - The Camellias."
NCDEX's subsidiary NICR gets ASCI affiliation for training * NCDEX Institute of Commodity Markets and Research (NICR) has received affiliation from Agriculture Skill Council of India (ASCI) for its training.
NICR is a 100 per cent subsidiary of the National Commodity and Derivatives Exchange (NCDEX).
The ASCI affiliation is given to training institutions set up by private companies to meet the skilled manpower requirement for in-house needs or for the sector.
Tata Capital partners Biz2Credit for finance to small biz * Tata Capital today said it has tied up with Biz2Credit for making finance available to small businesses.
"Tata Capital, the flagship financial services company of the USD 108 billion Tata Group, today announced a partnership with Biz2Credit, a leading online resource for small business finance," the company said in a statement.
Through this tie-up, Tata Capital will utilise the acquisition channels on Biz2Credit's small business lending marketplace in India, thereby making finance available to thousands of small and mid-sized companies in the country, it said.
Tata Capital will gain access to a full range of Biz2Credit's offerings including data and risk analytics.
Swelect Energy get board's nod to but 100% stake in solar SPV * Swelect Energy Systems today said its board of director have approved the acquisition of 100 per cent equity in a special purpose vehicle SPSPL, which will implement a 10 MW solar project in Karnataka.
"The company participated in KREDL Solar Power Project announced by Karnataka government recently. Under the DCR category eligible for Karnataka-based Solar Module manufacturers, the company submitted the bid and won a 10 MW Solar Power project," the company informed BSE.
FOA Growthtech launches Dazzletoday for trade show exhibitors
* FOA Growthtech today launched a new solution, Dazzletoday for trade show exhibitors.
The cloud-based app is a verticalised SaaS solution that gives B2B marketers the ability to manage trade show participation seamlessly and with ease, the company said in a statement.
Indus Towers appoints Hemant Kumar Ruia as CFO * Telecom infrastructure major Indus Towers today announced the appointment of former Reliance Retail executive Hemant Kumar Ruia as Chief Financial Officer.
"I am very happy to announce that Hemant joins the leadership team at Indus. I am confident that Hemant will scale greater heights and further strengthen the strong foundation of the company with his knowledge and experience," Indus Towers CEO Bimal Dayal said in a statement.
Earlier, Ruia worked with Reliance Retail Limited, where he was designated as the Chief Financial Officer (CFO) and played the role of business partner across various brands like Reliance Retail - Reliance Fresh, Digital, Jewellery, Trends, Footwear and Reliance Markets.
S Ravindran takes charge as Chairman of KVGB * Karnataka Vikas Grameena Bank (KVGB), a regional rural bank, today said S Ravindran has taken charge as Chairman.
Ravindran carries with him rich banking experience of 32 years, and has worked in different states of the country in various capacities, the bank said in a statement.
It further said he was heading the Mumbai Region of Syndicate Bank before joining as the Chairman of KVGB.
At present, the KVGB has business of more than Rs 20,600 crore with a branch network of 611.
* * * * * *
NLC bags award for corporate excellence * State-run Neyveli Lignite Corporation today bagged the SCOPE Corporate Excellence Award for its contribution to the corporate sector.
Neyveli Lignite Corporation, Chairman, Sarat Kumar Acharya received the award from President Pranab Mukherjee at a function in the presence of Heavy Industries Minister Anant G Geete, among others in New Delhi, a company statement said.
The award, which includes a gold trophy and a citation, was in recognition to the contribution of NLC to Corporate world, it added.
L&T Infra Debt Fund to raise Rs 50 crore
* L&T Infra Debt Fund today said it will raise up to Rs 50 crore by issuing debentures on private placement.
The company intends to issue secured, redeemable, non-convertible bonds of the face value of Rs 25 lakh each, amounting to Rs 10 crore with an option to retain over-subscription upto Rs 40 crore on private placement basis," it said in a BSE filing today.
L&T Infra Debt Fund is an infrastructure debt fund and is regulated by the RBI. An arm of L&T Infra Finance, it provides finance towards long term debt to infrastructure projects in the country.
G M Pens International launches new brand Rorito. * Chennai-based G M Pens International has launched a new brand Rorito.
It has entered the market with a product range including categories like ball pens, retractable range, CD and DVD markers, permanent markers, highlighters, correction pens, white board markers, fountain pens, kwikStik (glue stick) and quicky (lead pencils).
Sachin Tendulkar will be the brand ambassador of the new brand.
Usha International to expand its distribution network * Consumer durable firm Usha International has announced expansion of its distribution network in India.
As part of that the company is integrating modern trade and e-commerce channels with its existing network for a significant increase.
Usha will also soon start selling exclusive products through leading e-tailing platforms. With this move, Usha would be consolidating its retail business including modern trade, ecommerce, regional retail, company-owned showrooms and Usha joy stores in India.
Usha International Vice President-Retail Head Kapil Kohli said, "Usha is aiming for a 30 per cent growth in retail business by ensuring product display management, focus on sell-out and experiential marketing".
Sobha Group to hold roadshows to market luxury property * Sobha Group will hold roadshow in five cities Delhi, Mumbai, Bengaluru, Cochin and Ahmedabad between May 14-15, 2016 to market its luxury property 'Sobha Hartland' at Dubai.
The project has eight million sq. Ft of developable area, Sobha group said in a statement.