The Metropolitan Stock Exchange (MSEI) will conduct a mock trading session in equity, equity derivatives and currency derivatives segments tomorrow. The mock session is taking place to test trading and risk management related systems and applications. “The mock trading will help the exchange in enhancing the features of its IT infrastructure and trading provided to the trading fraternity,” the exchange added. – Yes Bank ties up with Emirates NBD
Private sector Yes Bank has partnered with the UAE- based lender Emirates NBD for serving the diaspora clients. Non-resident Indians in the UAE would be able to avail of loans from Emirates NBD in dirhams against their fixed deposits or foreign currency deposits with the bank. They can also invest in India through competitive loans from Emirates NBD and create long-term wealth back home her, it said, adding the partnership will help the bank’s liability base. — HDFC Life launches new term plan
HDFC Life has launched a new term plan which comes with nine options. ‘Click 2 Protect 3D Plus’ is a comprehensive and affordable term plan with as many as nine options, including whole of life option, income replacement and the return of premium, the private life insurer said. “After monitoring purchase pattern and lifestyle needs of our target customers, we realised the need to create a term plan that will encompass their diverse requirements. Hence, we designed the competitively priced ‘Click 2 Protect 3D Plus’,” HDFC Life said. — Republic TV to be available on Star’s Hotstar
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Star India’s digital platform Hotstar today said it has signed an agreement with Republic TV, promoted by broadcast journalist Arnab Goswami, to livestream the news channel that is expected to be launched tomorrow. “Launch of Republic TV on Hotstar fills a big gap in our portfolio,” Star India chairman Uday Shankar said in a statement.
Hotstar will introduce news as a category on the platform adding to its current portfolio of TV shows, movies and sports. “We are confident of breaking the digital barrier and believe this is the first step as news produced here goes digital and then global. This tie-up can take news to 90 million-plus viewers on Hotstar every month,” Goswami said. — Swaroop Agrochem eyes Rs 100cr revenue in 5 years
Swaroop Agrochemical Industries is looking at 15 per cent CAGR growth to achieve Rs 100 crore turnover in the next five years. “We have launched 50 products, including bio-organic fertiliser, natural and certified organic product, speciality inorganic agrochemicals as well as pesticides. These products find applications in field crops, vegetables, cash crops, floriculture and horticulture crops,” the company’s executive director, Sameer Pathare, said.