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Cab aggregator Ola has launched a new initiative to offer its customers an opportunity to interact with ex-servicemen to get a first-hand account of their days in the armed forces. Ola runs a 'Ola Sainik' programme in association with the The Directorate General Resettlement (DGR) under the Ministry of Defence to onboard ex-servicemen as driver partners on its platform. "Customers opting for Ola Share from August 14 to August 16, 2017, will get an opportunity to ride with ex-servicemen and interact with them during their ride," Ola said in a statement. * * * * * * VuLiv eyes 100 mn users in 3 years * Tech firm VuLiv today said it expects to see a manifold growth in userbase for its 'VuLiv player' to 100 million over the next three years. The VuLiv media player allows users to play content like music and photos from their smartphones as well as view content from Youtube and other websites on a single platform. "We already have nine million users and expect to see this growing to 100 million in the next three years. Our platform bridges the gap between offline and online content, helping users consume content all at one place," VuLiv co- founder Manoj Kumar Gupta said. * * * * * * Sodexo partners IDFC Bank, RuPay for 'Premium Pass' * Sodexo, which provides meal vouchers, has launched a digital employee gifting solution -- Sodexo Premium Pass -- in partnership with IDFC bank and National Payments Corporation of India's (NPCI) RuPay. The solution will be available in two variants - 'Premium Pass - Celebrations' (occasion based) and 'Premium Pass - Rewards' for ongoing employee recognition programmes. "The cards will be accepted at over two million retail outlets and over 90,000 online merchants on the RuPay network.
We will target our three million existing consumers to begin with," Sodexo BRS India CEO Stephane Michelin said. * * * * * * Intellect Design Arena swings into profit in Q1 * IT firm Intellect Design Arena today said it posted a consolidated net profit of Rs 73.80 lakh for the June 2017 quarter as compared to a loss of Rs 6.28 crore in the year-ago period. The Chennai-based firm saw revenue from operations grow to Rs 241.16 crore in the reported quarter from Rs 205.80 crore in the year-ago period. Intellect Design Arena Chief Financial Officer S Swaminathan said: "We are happy to observe for the second consecutive quarter, the cost and cash management initiatives have been sustained in delivering positive EBITDA..." * * * * * * Earthport appoints Sandeep Gupta as Head of India * Earthport, a network for cross-border payments, today said it has appointed Sandeep Gupta as its Head of India. Sandeep, will be responsible for leading the expansion of the business in the primary markets of India and Sri Lanka. "India is one of the largest and fastest growing economies globally with a very young demographic. Earthport's core business resonates very strongly with the banks in the region, who are looking for technologically-enabled, cost- effective solutions for both inbound and outbound payments," Earthport CEO Hank Uberoi said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)