French engineering major Alstom today said that Kochi Metro Rail (KMRL) has received the first metropolis train set of the 25 trains order ahead of schedule.
"The order was placed in August 2014 and Alstom delivered the first train set in record time," Alstom said in a statement.
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Sterlite delivers RAPP transmission project ahead of schedule * Sterlite Grid today announced that it has commissioned the transmission project to Rajasthan Atomic Power Project (RAPP) ahead of schedule.
"Since the implementation of the Tariff Based Competitive Bidding (TBCB) regime, this is the first time a power transmission line has been commissioned ahead of schedule," the company said in a statement.
DriveU acquires CallAtHome
*DriveU, an on-demand driver service, today said it has acquired Gurgaon-based rival, CallAtHome for an undisclosed amount.
CallAtHome allows people to hire verified drivers in Delhi-NCR. It has about 150 drivers on its platform and has completed about 7,000 trips since inception in July last year.
"Gurgaon has an abundance of Fortune 500 companies and shopping malls. It has the third highest per capita income in the country. All this makes Gurgaon, the next logical destination for DriveU," DriveU co-founder and CEO Rahm Shastry said.
With this acquisition, Bengaluru-based DriveU will have over 500 partner- drivers across India, he added.
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Prescribez raises seed funding
*Prescribez has raised seed funding of USD 145,000 from Ankush Mehta, an angel investor.
Prescribez makes collaboration between consumers and service providers like doctors, labs and pharmacies, allowing users to search and avail health services through the app.
The app is slated for launch this month in Pune.
"We are looking to aggregate labs and start doctor consultation through Prescribez itself. The funds will be used for product development and marketing, Prescribez co-founder and CEO Neeraj Joshi said.
The company is also planning to start operations in Mumbai in the next six months, he added.
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* Lybrate to offer doctor consultation on Facebook Messenger
Lybrate, an online doctor consultation platform, today said it will offer consultation service on Facebook Messenger to allow people to seek opinion on health queries.
Lybrate is first healthcare company in India to launch such a service on Messenger's bot platform, it said in a statement.
Lybrate's bot on Messenger will help people ask a health-related query from its network of over one lakh doctors in real-time and gain access to authenticated medical content shared by healthcare experts.
DSCI appoints Rama Vedashree as CEO
* Data Security Council of India (DSCI) has appointed Rama Vedashree as its Chief Executive Officer.
She succeeds Nandkumar Saravade for this role.
Rama Vedashree was Vice President, Nasscom leading all initiatives in domestic IT, eGovernance and Smart Cities among others. She has worked across firms like NIIT Technologies, Microsoft and General Electric (GE) India.
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CoutLoot raises seed investment
* CoutLoot, an end-to-end fashion reselling service, has raised seed funding through Venture Catalysts.
CoutLoot will use the funds for geographical expansion and launch of new product categories, and will be additionally strengthening its technological framework.
CoutLoot allows sellers to get paid for selling off unused branded and boutique fashion items from their closet, while buyers get to avail products from the best brands in a nearly-mint condition.
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F-Secure appoints Samu Konttinen as President and CEO * Security solutions firm F-Secure has appointed Samu Konttinen as its President and CEO.
Konttinen replaces Christian Fredrikson, who has resigned to pursue new career opportunity. The appointment is effective August 1, 2016.
Konttinen joined F-Secure in 2005 and has held various senior management positions in the company, including his most recent role as Executive Vice President Corporate Security Business.
'Purbashree Emporium' to help boost NE handicrafts
* The Textiles Ministry today said setting up of 'Purbashree Emporium', will help in boosting the development and promotion of North-East handicrafts and handloom products.
Textiles Secretary Rashmi Verma while inaugurating the emporium here said that this is a major step wherein a designated place has been allocated to showcase the products of North East.
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ESPN introduces new mobile-first-multi-sport * ESPN today said it has introduced a new 'mobile-first multi-sport' digital offeringin India with the launch of the ESPN.In website and the ESPNapp.
India is the first market outside the United States to see the launch of a localized edition of ESPN's signature app,ESPN said in a statement.
It added, ESPN.In site and app will also be carrying rights video content for sporting events from SONY LIV, SPN's digital streaming platform, and SPN's new SONY ESPN sports channels.
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ICICI Prudential AMC launches campaign on SIP top-up * ICICI Prudential AMC today launched a campaign to create awareness on SIP top-up investment.
As part of the campaign, the leading private mutual fund house is urging individuals to regularly increase the SIP (Systematic Investment Plan) amount through top-up route so as to beat inflation and achieve their financial goals faster.


