Month: October 2024

Choice Finserv to Acquire NBFC and Loan Distribution Portfolios, AUM to increase by 75%

Acquires Retail Lending business of Paisabuddy Finance Private Limited and Sureworth Financial Services Private Limited Choice Finserv total AUM to increase from ₹457.68 crore to ₹801 crore including off book AUM Branch network to increase from 71 to 168 locations across Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Uttar Pradesh and Delhi NCR Employee strength to increase…

Read More

Paytm goes live with onboarding of new users for UPI; link your bank account on Paytm app to get a new UPI ID, for super-fast payments

One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services distribution company and the pioneer of QR, Soundbox and mobile payments, has gone live with the onboarding of new UPI users on the Paytm app. This comes after the Company received approval from the National Payments Corporation of India (NPCI)…

Read More

BSP ready to fight to get SC status for Dalit Christians: Party’s AP Coordinator Dr. Poornachandra Rao, IPS

“Behenji Mayawati pledged BSP support to the movement more than 15 years ago” The Bahujan Samaj Party (BSP) is committed to the struggle for the inclusion of Dalit Christians in the Scheduled Caste (SC) list, said Dr. Poornachandra Rao, IPS, the party's state coordinator and retired DGP. Speaking at a state-level roundtable meeting organized by…

Read More

Titan Smart introduces a new range of fashion first smartwatches with premium material and contemporary designs, Crown Collection

Titan is transforming the smart wearable industry with the launch of the Crown Collection, a premium range of smartwatches that seamlessly blends technology and contemporary craftsmanship. Just in time for the festive and wedding season, this collection goes beyond health tracking, elevating your style to match the occasion. The Crown Collection delivers a bold fusion…

Read More

Adani acquires Orient Cementat INR 8,100 crore equityvalue

Acquisition adds 16.6 MTPA capacity (8.5 MTPA operational, 8.1 MTPA Ready to Execute). Accelerates Ambuja’s journey to achieve 100+ MTPA operational capacity in FY25 Provides 6 MTPA potential additional capacity in North India, leveraging OCL’shigh quality limestone reserves in Rajasthan   ·         Ambuja enters into a binding agreement to acquire 46.8% stake in Orient Cement…

Read More

64-Year-Old Woman Treated for Brain Aneurysm Using Trenza Procedure at KIMS Icon Hospital

* First of its kind in the Telugu states * Advanced technique to redirect blood flow Doctors successfully treated a 64-year-old woman suffering from a brain aneurysm (swollen blood vessels in the brain) using an advanced device called Trenza at KIMS ICON Hospital in Visakhapatnam. This marks the first time this device has been used…

Read More

Mahindra Logistics Ltd. Q2FY25 Revenue up by 11.5% YoY at Rs. 1,521 crores

Mahindra Logistics Ltd. (MLL), one of India’s integrated logistics & mobility solutions providers, today announced its unaudited consolidated financial results for the quarter and half year ended 30th September, 2024.   Q2 FY25 (Consolidated) performance compared with Q2 FY24 Revenue Rs. 1,521 crores as compared to Rs. 1,365 crores. EBITDA Rs.66 crores as compared to Rs.54…

Read More

Honeywell and Google Cloud to Accelerate Autonomous Operations with AI Agents for the Industrial Sector

    Google Cloud AI to enhance Honeywell’s product offerings and help upskill the industrial workforce   New solutions will connect to enterprise-wide industrial data from Honeywell Forge, a leading IoT platform for industrials     Honeywell (NASDAQ: HON) and Google Cloud announced a unique collaboration connecting artificial intelligence (AI) agents with assets, people and processes to…

Read More

Paytm Q2FY25: Revenue jumps to ₹1,660 Cr (up 11% QoQ) on Growth in Payments and Financial Services Distribution

  EBITDA improves by ₹388 Cr QoQ, reports PAT of ₹930 Cr due to one-time exceptional gain With increased interest from lending partners, higher demand from merchants & based on better asset quality trends, announces the adoption of DLG model for merchant loans   One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading…

Read More

Myprotein’s Move Club Run in Delhi: A Successful Community Gathering

Myprotein, a leading global sports nutrition brand, successfully concluded its second annual Move Club Run in Delhi, India. The event, held at Nehru Park on 18th October 2024, brought together fitness enthusiasts from all walks of life for a morning of fun, camaraderie, and physical activity.   The 5km community run, which was open to…

Read More