NSE Academy signs pact with IICA

NSE Academy has entered into a pact with Indian Institute of Corporate Affairs (IICA) for training programmes in the area of finance and other allied verticals.
"The over-arching MoU encompasses the two entities to conduct training programmes in the area of business responsibility and other allied areas," the NSE Academy said.
As the top 500 firms are mandatorily required to disclose the business responsibility report (BRR) and other listed firms can voluntarily disclose the BRR, the training programmes can help such companies meet the learning needs.
NSE Academy, a subsidiary of NSE, has been incorporated to carry on the exchange's initiative of imparting knowledge in the financial domain, while IICA has been established by the Corporate Affairs Ministry to act as a think tank to support growth of the corporate sector.

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Mahindra and Mahindra opens 18th outlet in Tamil Nadu * Auto major Mahindra and Mahindra today inaugurated its 18th dealership in Tamil Nadu 'T V Sundaram Iyengar and Sons Ltd' as part of expanding its presence in the country.

With the showroom being the third full range dealership here, the pan-India network expands to 1,530 touch points, a company statement said.
"TVS would be the 18th dealership for Mahindra in Tamil Nadu and the third full range dealership in Chennai and in line with the with company's strategy to expand its retail presence in important markets," it said.
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MebelKart ties up with Continental Group * Furniture marketplace MebelKart today announced its entry into the B2C ultra luxury furniture segment through a tie up with the Continental Group, a 50-year old conglomerate based in New Delhi.
With this alliance, MebelKart aims to reach out to the high net worth individuals (HNIs) across the country, it said in a statement.
MebelKart will be marketing and selling products from STROT, a South Delhi-based lifestyle boutique of the Continental Group, it said.
The products in the luxury furniture and home decor category will be available in the price range of Rs 4,000 to Rs 11.58 lakh. The products can be shipped across seven cities including all key cities in the country.

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Bank of Baroda partners CreditMantri
* Bank of Baroda is working with CreditMantri to launch a credit product where data from traditional and alternate data sources is used to help evaluate an applicant's credit worthiness and make a credit risk decision.
With this initiative, Bank of Baroda intends to leapfrog their digitisation journey by leveraging the power of technology and data to make the credit underwriting process more efficient while being broad based and inclusive, the bank said in a statement today.
The use of alternate data sources to supplement existing financial data from the Credit bureaus helps the bank to lend to applicants with limited or no borrowing history.