Mumbai : AU Small Finance Bank reported a 15% growth in its net profit to ₹ 203 Crore for the quarter ended June 30th, despite Bank prudently increasing contingency provisioning buffers by ₹ 120 Crore to strengthen the balance sheet. Delivered RoE of 12.7% and RoA of 1.6% in Q1’FY22. Cost of funds declined by 88bps…
Bhubaneswar : TMT Law Practice, India’s premier law firm in the segment of Technology, Media and Telecoms, announced its expansion into Bhubaneswar and Bangalore on completion of 13 years of its existence. The law firm, which is headquartered in Delhi, has also opened a new office in Delhi and moved to a bigger office in…
Bhubaneswar: Reliance Jewels has launched an extension to its already ongoing exclusive jewellery collection, “Aabhar”, to celebrate its 14th anniversary. With the launch of this collection, Reliance Jewels extends its gratitude with the theme #RishtonKaDhaga that binds them to their customers, employees and artisans. This year’s new collection is inspired by the Tarkashi, Macrame and…
Mumbai : Linde plc in India, a leading supplier of medical oxygen in India, today launched “Save Oxygen. Save Lives.”, a new public service campaign to raise awareness on the proper and safe use of medical oxygen equipment. The recent second wave COVID-19 cases in India brought an unprecedented amount of attention on the role…
Mumbai : GO FIRST (formerly known as GoAir), has once again successfully achieved 100 per cent compliance in the IATA Operational Safety Audit (IOSA) certification, IOSA is an accredited international evaluation system designed to assess the operational management and control systems of an airline. We believe that this certification is a valuable safety validation for…
Mumbai : In a concerted effort towards the creation of a robust electric vehicle (EV) ecosystem, Reliance BP Mobility Limited and Swiggy today announced the commencement of trials that will increase the deployment of EVs in the delivery fleet of India’s largest food delivery platform. The partnership is aimed at promoting the adoption of battery-operated…
Mumbai : EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries announced the appointment of Mr. Sunil Srivastav, as a new independent director to the EbixCash Board. Sunil is a career banker, having retired as Deputy…
Mumbai : Reliance Industries Limited (RIL) is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh. The move is part of RIL’s commitment to lead the industry on circular economy, enhance its sustainability quotient and bolster the entire polyester and polymer value chain. As a…
Bhubaneswar : Blue Dart has launched its Rakhi Express offer which while allowing individuals to connect with their loved ones across the world, aims to appreciate and give thanks to the nation’s COVID-19 warriors who continue to work to protect every Indian citizen. The offer provides all COVID-19 warriors, sending or receiving a Rakhi shipment,…
Bhubaneswar : Linde India has signed a Business Transfer Agreement on 02 August 2021 with HPS Gases Ltd., Vadodara to acquire its entire packaged gases business along with certain distribution assets with effect from 1 November 2021 for an aggregate cash consideration of Rs.275 million. As a part of this acquisition, the Company will enter…