Geeta Nair

Why online brands are going offline to tap fast-growing used car market

At a time when new car sales are down, used car sales are growing.

automobile sector, automobile industry News

Ujjivan Small Finance Bank forays into EV financing

Banks and financial institutions have long been reluctant to finance electric vehicles (EV). Manufacturers of EV have struggled with this and it has impacted their growth as well as adoption.

Sensing a gap and need in the market, Ujjivan Small Finance Bank has entered the space. (Website image) News

Rasna Buzz marks brand’s entry into non-alcoholic bar business

Rasna’s very first mocktail bar, Rasna Buzz, has started serving people in Pune. More such bars will come up in Mumbai over the next few months.

On the menu will be soda-based drinks, milkshakes, sundaes and specially created mocktails with emphasis on Indian ingredients News

Sistema.bio raises $12 million in Series A round of funding

Sistema entered India through the acquisition of a startup, Sustain Earth Energy Solutions, floated by Piyush Sohani and Koushik Yanamandram, which has become a subsidiary of Sistema.

Sistema, sme industry, sme sector News

Bajaj quadricycle makes a Qute debut, company plans to start exchange offer for autorickshaw owners

The Qute had been well received in Kerala, said Vohra, adding it gave him confidence that the vehicle would be popular for intra-city travel. Moreover, he believes consumers could use it both for personal and commercial purpo

Bajaj quadricycle, Bajaj Qute debut, autorickshaw owners, Rajiv Bajaj, Ramchandra Sabnis, Bajaj Finance News

Bajaj Finance PAT grows 57% in Q4 despite challenging conditions faced by NBFCs

Bajaj Finance Ltd (BFL) has reported another strong quarter with its highest ever quarterly profit after tax, which grew 57% y-o-y to Rs 1,176 crore during Q4FY19 despite challenging conditions faced by NBFCs.

Bajaj Finance PAT grows 57% in Q4 despite challenging conditions faced by NBFCs (Website image) News

Branded bouquests blooming on the shelves of modern retail

The concept of modern malls in India has been slow in catching up with the trend of stocking flowers. The trade has been traditionally reserved for road-side vendors.  

Industry News

Glenmark halves price of anti-diabetes drug

Globally, SGLT2 inhibitors are emerging as a preferred treatment for management of type-2 diabetes but in India the SGLT2 drug had total sales of Rs 574 crore in three years because of its high cost, said Alok Malik, SVP, pre

Industry News

Persistent Systems sets in motion changes to bring bak firm in higher growth bracket

Chairman and managing director Anand Deshpande said weak growth was more due to internal structure than external market conditions and growth was coming back in the market, and there were enough opportunities in the market.

Industry News

Bank of Maharashtra back in black with Rs 72 crore profit in Q4

Now that the bank is out of PCA, it will be looking at growing advances to quality corporates, retail agri and the MSME sector.

Banking & Finance News

KPIT takes fresh guard with focus on mobility, auto tech solutions

KPIT has no worries about competition from other IT players offering automotive engineering solutions as Pandit said 90% of the business they do is mechanical while 90% of the business KPIT does was in electronics.

kpit, auto sector, auto industry News

Bajaj Qute hits Indian roads after a six-year battle

Bajaj Auto MD Rajiv Bajaj showcased the quadricycle in 2012 but could not sell these in the Indian market and had to fight hard for gaining acceptance for this category.

After a six-year battle, Bajaj Qute hits Indian roads News

Kia Motors brings brand experience centre to India from South Korea

Kia Motors India is setting up an experience centre in Gurgaon as it seeks to make Indians familiar with the Kia brand and wants them to learn more about Kia cars. The centre will be called Smart Beat.

Kia Motors brings brand experience centre to India from South Korea News

To fund SME sector, EFL to issue green masala bonds

This is India’s first green masala bonds issued by a private sector non-banking finance company, said Shilpa Pophale, MD, EFL. EFL has issued green masala bonds of $10 million to responsAbility-managed Global Climate Partne

To fund SME sector, EFL to issue green masala bonds News

Alstom is executing 37% of India’s 473-km CBTC projects: MD Alain Spohr

Alstom will equip Mumbai Metro lines and Pune Metro lines with the communications-based train control (CBTC) technology.

Industry News

Big bank theory: Axis Bank eyes big branch expansion to catch up with HDFC Bank, ICICI

Axis Bank is experimenting with different formats for branches to make it more interactive and enable better communication and engagement.

Banking & Finance News

Govt panel seeks probe in Pune Metro tender

MMRCL is a special purpose vehicle equally owned by the government of India and the government of Maharashtra.

Pune Metro News

Tony Fernandes looks to replicate success of Air Asia in financial services space

BigPay has already got 3 lakh users on the platform and has become the fifth largest app in Malaysia in the first year of operation.

tony fernandes air asia, air asia, bigpay News

IBM enters blockchain universe with World Wire payments network

Local regulations will continue to guide activation and IBM is actively growing the networks and they can join the network is free.

ibm india, ibm blockchain, ibm blockchain platform, News

India shines in Tokyo: FlyBase start-up wins NTT Data global innovation contest

Globally 401 start-ups from 18 countries had participated in Open Innovation Contest this year to put their best of qualities to test and pitch before NTT and other Japanese companies.

drones, start up sector, start up industry, india, japan News

Kirloskar Brothers mark completion of 100 years with celebration in Pune

The Kirloskar journey started with selling bicycles in 1888, manufacturing a chaff-cutter indigenously in 1901 and an iron plough in 1903, followed by the incorporation of Kirloskar Brothers in 1920.

ratan tata, Kirloskar News

Credit Suisse headcount in India hits 14k, bank plans to make country hub of global tech

India has become the second largest location for the bank in terms of number of employees after Switzerland.

Markets News

Healthcare tech: Improving cancer treatment outcomes with digital tech

In phase-I, the joint venture intends to launch its products and services in UAE, India and South Africa and in phase-II it would expand the offerings to rest of Asia, Europe and rest of Africa.

Industry News

Funding startups: Canada’s Wesley Clover starts India fund

Alacrity India Startup Fund is providing seed funding for idea-stage and accelerator-stage start-ups.

Industry News

PMRDA’s bond issue plan brightens with Icra ‘AA+’ rating

Work on the first of these townships, Hitech City in Mahalunge, Near Hinjewadi, has taken off and it will have six crore square feet of built-up area.

Markets News

Pune metro: Tata JV bags Rs 2,283 crore tunneling projects

The Tata joint venture (JV) with Turkish company Gulermak, Gulermak-Tata Projects Ltd JV, has bagged the tunnelling projects for the underground section of the Pune Metro Rail project.

Industry News

Logistics Foray: Morgan Stanley picks majority stake in KSH infra for Rs 350 crore

KSH and Morgan Stanley would together invest in developing another 4 million sq ft by 2020.

morgan, morgan stanlay News
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