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Showing posts from March, 2018

ZEE Entertainment Announces the Launch of ZEE5 ORIGINALS

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Creates an immersive experience for users with exclusive original content in 6 languages including Hindi, Marathi, Tamil, Telugu, Malayalam and Bengali
Web-series like ‘Karenjit Kaur’ - The untold story of  Sunny Leone, Badshah’s music show ‘Lockdown’, Luv Ranjan’s comic offering ‘Life Sahi Hai 2’, Karthik Subbaraj’s Tamil thriller ‘Kallachirippu’, Q’s crime-based thriller ‘Zero Kms’ and many more to raise the entertainment quotient

Jana Small Finance Bank Commences Operations

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Plans to setup over 500 banking outlets by 2019
Focuses on new banking outlets in unbanked rural areas and existing base of over 4.5 million customers by Shrutee K/DNS Bangalore, 29 March 2018:Jana Small Finance Bank(formerly Janalakshmi Financial Services, India’s leading micro-finance company), announced commencement of its banking operations.  To cover its extensive customer base, Jana Bank will initially open 19 branches across 18 states and expand to 200 banking outlets including the 25% unbanked rural branches by June 2018. As Jana Bank which is digitally enabled across majority of its offerings with expanded customer base, will continue to keep its fundamental focus on financial inclusion as its core strategy. Adding to it, Mr. Ramesh Ramanathan, Chairman, Jana Group, said, “Financial inclusion has been the primary vision of Jana Group. We see the commencement of banking operations duly supported by the digital capabilities to scale quickly and presents powerful opportunities to b…

Arjun Maini Continues as Haas F1 Team Development Driver

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Twenty-Year-Old Begins Second Season with American Team while Racing in F2  by Shrutee K/DNS Kannapolis, North Carolina, March 29, 2018:  Arjun Maini will continue as a Haas F1 Team development driver in 2018 while simultaneously competing in his first full season in the FIA Formula 2 Championship with Team Trident. Maini, a 20-year-old from Bengaluru, India, is paired with 19-year-old American Santino Ferrucci. Both are Haas F1 Team development drivers and both compete for Team Trident. Each will be embedded with Haas F1 Team at every opportunity, attending races and tests throughout the year. “I’m extremely proud to be a part of Haas F1 Team,” Maini said. “Being involved with an F1 program has really accelerated my learning in terms of what I need to do on the racetrack and with my engineers. In fact, it’s already helped me transition from GP3 to F2. I’m one step closer to my goal of competing in Formula One thanks to Haas F1 Team’s support.” Maini joined Haas F1 Team in 2017 and on the …

8 reasons why the Dead Sea in Israel should be on your 2018 #BucketList

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by Shrutee K/DNS Head to the world’s oldest and most popular natural health resort -the Dead Sea in Israel The Dead Sea is 3 million years old and the lowest point on earth at 1,388 ft below sea level. The lowest point on earth is also home to the lowest road on the planet, Highway 90 located 1,289 ft. below sea level on the Israeli shore. One of the saltiest water bodies on the planet, the Dead Sea has 10 times the salt concentration of ocean water creating the bucket list experience of floating on water. What if we told you that the Dead Sea isn’t a sea at all but actually a hypersaline lake ranked as the world’s deepest salt water lake. The world’s first and most popular health resort, the Dead Sea was a favorite among royalty with the likes of King Herod the Great and Queen Cleopatra. The biggest free spa on earth, the Dead Sea region has been attracting visitors from all over the world.  The mineral content in the water, mud and salt, the low content of pollen and other allergens along …

Applause Entertainment ropes in Hansal Mehta to helm “The Scam”

by Shrutee K/DNS
The National Award winning director to direct a web series on the 1992 securities scam 
Mumbai, : Soon after acquiring the rights of the bestselling book ‘The Scam’ on India’s biggest securities scams of 1992, Applause Entertainment has taken the excitement quotient a notch higher as they have roped in National Award winning director Hansal Mehta to helm the series. ‘The Scam’ is based on one of the most famous scams in the Indian financial markets and is authored by well-known journalists Sucheta Dalal and Debashish Basu.  Hansal Mehta is best known for his work in much-acclaimed films such as ‘Shahid’, ‘City Lights’,  ‘Aligarh’ and ‘Omerta’. More recently, Hansal Mehta started his journey in the digital space as the creative producer of the much-acclaimed series ‘Bose: Dead/Alive’ featuring Rajkummar Rao.
Sameer Nair, CEO, Applause Entertainment, commented on the development – “Telling the story of the individuals behind India’s biggest financial scamswill make for some…

Contract Agreement Signing of OCS works Contract for Metro Line-3

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by Shrutee K/DNS Mumbai, March 28, 2018: MMRC signed first System Contract Agreement for the Electrical System works of 25 kV Traction System for Colaba-Bandra-Seepz Metro 3 project with ‘Consortium of Alstom Transport India Ltd & Alstom Transport S.A’. This package mainly covers design, installation and commissioning of ‘Rigid Overhead Contact System and Auxiliary substations’. The Contract Agreement was signed by Mr. A.A.Bhatt, Director (Systems) on the behalf of MMRC and by Mr. Sriram Raju & Mr. Bruno Izambart on behalf of Alstom Consortium. ‘Letter of Award’ for this work was issued earlier on 21stFebruary 2018. The work consists of laying Overhead Rigid conductor system in Underground tunnel alignment of 33.5 km route length, flexible and retractable type OCS in Depot, laying of 33kV & 25kV cable, Auxiliary Substation at 27 stations and other associated works etc. Commenting on the same, Managing Director MMRC, Ms. Ashwini Bhide said, “25kVTraction works” is a critical c…

Shri Siddhivinayak Ganapati Temple Trust Contributes 10 cr.

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by Shrutee K/DNS Mumbai,28 March 2018: Maharashtra Village Social Transformation Foundation (MVSTF), an initiative with a mission to transform 1,000 villages across the state, today joined hands with Shri Siddhivinayak Ganpati Temple Trust in a bid to empower and push development in rural part of the state as one of the Mumbai's biggest charitable trust handed over a cheque of Rs. 10 crore to Hon'ble Chief Minister Shri Devendra Fadnavis. On the occasion the cheque was handed over by Shri. Aadesh Bandekar, Chairman, Shri. Siddhivinayak Ganapati Temple Trust in presence of dignitaries and members of the Trust and MVSTF. To converge the developmental efforts between the Government of Maharashtra and Corporate India, MVSTF enables a public-private partnership at grass root level. The partners provide financial resources along with domain knowledge and expertise to bring about lasting change in key development areas.Under the guidance and mentorship of Additional Chief Secretary to …

FICO Partners with DataScoring to Lower the Cost of Credit Risk Decisions in Colombia

by Shrutee K/DNS DataScoring will offer the FICO Alternative Lending Platform in Colombia The FICO Alternative Lending Platform gives lenders a less expensive way to make credit risk decisions, using cloud-based analytics and decision strategies Mumbai, India — March 28, 2018: Analytics software leader FICO today announced that it has partnered with Colombian firm DataScoring to provide cloud-based credit risk assessment to lenders. DataScoring now offers the FICO® Alternative Lending Platform in Colombia, giving banks, card issuers, retailers and other firms that offer credit an easy way to access world-class credit origination software and risk assessment analytics at a lower cost. The FICO Alternative Lending Platform includes risk scoring models, lender-designed origination strategies and reporting. When a new or existing customer applies for credit, the lender’s credit origination system would send the application information securely to the FICO platform, hosted in the cloud. The pl…

Technology Solution for Rising Allergic Diseases

by Shrutee K/DNS Mumbai, March 28th, 2018: With the annual changes in season, the burden of allergic diseases in India has been on an uprising trend in terms of prevalence as well as severity. Allergic rhinitis (commonly known as hay fever) is one of the most common allergic diseases worldwide, affecting about 10-25% of population. It is one of the top ten reasons for visit to primary care physicians. As a precautionary method, there is increasing evidence that people can alleviate this problem by using HEPA technology air purification solutions at home or in the workplace to create safer indoor havens. 
Commenting on this, Arvind Chabra, Country Head Blueair India, said, “It is very essential to identify the Invisible dangers. Breathing in tiny, unseen pollutants puts every individual at risk. Air purifiers are one of the effective solutions to keep the indoor air healthy at all times. With superior HEPASilent™ technology, Blueair air purifiers empower individuals to take control of th…

SmartCoin Raises $2 mn pre Series A Funding from International Investors

by Shrutee K/DNS

Well-reputed Shanghai-headquartered VC leads the round with Accion Venture Lab co-investing
Accion Venture Lab is the seed investment initiative of global financial inclusion leader Accion
Raising investment from top investors from two of the biggest markets in the world, to strengthen SmartCoin’s domestic and international expansion plans
ISME ACE and existing investor Unicorn India Ventures also participated in the round


Mumbai, March 28, 2018: Bangalore-based fintech startup, SmartCoin, has raised $2 million in pre-Series A funding from a top Chinese VC fund and Accion Venture Lab. Unicorn India Ventures, which is an existing investor in the company, also participated in the round, along with ISME ACE, a leading fintech accelerator.
SmartCoin lends small-to-mid-sized ticket loans to mobile users after building a SmartCoin credit score, which is backed by data science and machine learning. The company raised seed funding from Unicorn India Ventures last year.
Rohit Garg, …