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Showing posts from May, 2017

Piaggio Group Launches Aprilia Shiver 900 and Dorsoduro 900 in India

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Aprilia Shiver 900 and Dorsoduro 900 launched in India; adds to Aprilia’s racing heritage in the country
·         Shiver and Dorsoduro are equipped with the new 900 cc V twin engine for increased torque and come with 4.3” screen with TFT technology
·         The bikes are now available with a special introductory offer on limited units – valid till 30th June 2017
by Shrutee K/DNS
May 31st 2017, Pune: Aprilia has introduced the Shiver 900 and Dorsoduro 900, adding a new racing dimension to India’s two-wheeler industryThese superbikes will be available through Piaggio Group’s Motoplexes in Pune, Chennai, Kochi, Bangalore, and Hyderabad and will add to Aprilia’s existing superbikes portfolio of Tuono and RSV4. The bikes are now available with special introductory pricing on limited units until June 30th 2017 to encourage racing enthusiasts in the country.  

Equipped with a new 900 V-twin engine, the Aprilia Shiver projects maximum torque at any rpm delivering more power and adding to the c…

Rohto Pharmaceutical Co., Ltd., Japan Forges a Capital & Business Alliance withSastaSundar.com

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Rohto Pharmaceutical Co., Ltd., Japan Forges a Capital & Business Alliance withSastaSundar.com  by Shrutee K/DNS Mumbai, 31st May, 2017: Rohto Pharmaceutical Co., Ltd. (“Rohto”) Japan, today, announced a Capital and Business Alliance with SastaSundar Healthbuddy Limited, a wholly owned subsidiary of SastaSundar Ventures Limited, an NSE and BSE listed company, owning and operating SastaSundar.com, a leading digital network of healthcare in India. Rohto has invested $5 million (Rs 32.2 crores) in SastaSundar Healthbuddy Limited and is likely to make further investments as the business progresses. Dr. Lekh Raj Juneja, Executive Vice-President & Global Head International Business of Rohto, Mr. B. L. Mittal, Founder & Executive Chairman, SastaSundar Healthbuddy Limited, His Excellency, Mr. Ryoji Noda (Consul General of Japan in Mumbai), Mr. Koji Suzuki, Managing Director, Rohto Pharma (India) Pvt Ltd. & Mr. Ravi Kant Sharma, Managing Director & CEO, SastaSundar Healthbuddy…

BATOBUS - A BEAUTIFUL STORY OF SUCCESS…

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A BATOBUS BOAT IN OPERATION BATOBUS, the river bus service was created in 1989, at the time of the bicentennial celebrations of the French Revolution. Management of the service was entrusted to the Autonomous Port of Paris who granted the concession to Bateaux. Parisiens with a contract renewable on a yearly basis. In 1996, the contract was renewed for thirteen seasons, under the commercial name Batobus. Eight stops were established in Paris' leading districts: five on the left bank of the River Seine and three on the right. Since 2002, Batobus is AFNOR certified, demonstrating the company's commitment to guaranteeing quality service. In 2014, the contract was renewed until 2035, offering new opportunities to extend the shuttle circuit and develop this alternative mode of transport. On 1st June 2015, Batobus inaugurated its ninth stop: Beaugrenelle, located close to the shopping centre and Île aux Cygnes in the 15th arrondissement of Paris, this stop makes shopping so much eas…

ICAI Sets Up GST Sahayata Desks

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by Shrutee K/DNS 
Goods and Services Tax (GST) is all set to be rolled out from July 1, 2017 as India’s biggest federal taxation reform. GST is an integrated tax which works on the concept of “One Nation One Tax”. The biggest benefit of GST implementation would be removal of cascading effect of multiple taxes and seamless flow of Input Tax credit.
To facilitate small businessmen, traders, shopkeepers and public at large, GST Sahayata Desks have been made operational by The Institute of Chartered Accountants of India (ICAI), on pro bono basis at all major cities. To begin with, GST Sahayata Desks will be made operational at approximately 200 locations through 5 Regional Councils, 163 Branches and 48 CPE Chapters of ICAI. The GST Sahayata Desks would be operational w.e.f May 28, 2017 till September 30, 2017 at PAN India level.
The main objectives of setting up these Desks are to facilitate traders, small businessmen and public at large by.
Creating basic awareness on GST (An Overview of GST

Metropolitan Stock Exchange & GMEX Agree to Collaborate in Exchange Space in India

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MSE and GMEX Group of London enter into a Joint collaboration to deliver innovative products for existing and new trading segments in Indian Capital Market
by Shrutee K/DNS
Mumbai, May 25, 2017: Metropolitan Stock Exchange of India Limited (MSE), the third national level stock exchange, today announced it has agreed to collaborate with GMEX Group (GMEX) of London, provider of multi-asset exchange trading and post trade technology, and business solutions.  MSE is developing innovative products in existing market segments as well as launching new trading segments. It is also expanding the eco-system and encouraging greater participation from market participants. Technology and product innovation are cornerstones of the future plans of MSE.  
GMEX uses its extensive market infrastructure experience and expertise to create strategic master plans with exchanges, clearing houses, depositories, registries and warehouse receipt platforms. GMEX also has unique global experience in the introductio…

Kushal Tradelink FY17 Net zooms 43%

by Shrutee K/DNS

Consolidated FY17 Net Profit touches Rs 140.16 crore, up 43% as                            compared to Rs 97.89 cr in FY16  Consolidated FY17 revenues up 48 %, at Rs 2,360.56 cr, as compared to Rs 1590.78 cr The company’s board declares a fourth interim dividend of 15% 
Ahmedabad, 25 May 2017: On the back of strong contributions from trading business, Ahmedabad-headquartered trading major Kushal Tradelink Limited (KTL), posted a 43% rise in its consolidated net profit, touching Rs 140.16 crore for FY 2016-17 ended on 31 March 2017, as compared to Rs 97.89 crore recorded during the previous year. KTL’s consolidated revenues jumped 48% to Rs 2,360.56 crore as compared to Rs 1,590.78 crore during FY2015-16.  On quarter basis, for Q4 ended 31 March 2017, KTL’s consolidated net profit was down 39% to Rs 22.60 crore as compared to net profit of Rs 36.81 crore posted in the corresponding quarter of previous year.  The company had issued bonus shares to its shareholders in the ra…