DAILY NEWS

by Shrutee K/DNS  India, 31 March 2017  – Dimension Data, the global ICT solutions and services provider, today published a new report that explores the current state of *hybrid IT deployments, as well as the key requirements and business drivers that determine workload-placement decisions. The research of 1,500 IT decision makers from multiple vertical industries across the US, Europe, Asia-Pacific and South Africa, reveals that hybrid IT is becoming a standard enterprise model, but there’s no single playbook to get there. Looking at the top motivators to move to hybrid IT by country, Hong Kong, UK and US companies highlighted end-user demand most often, while respondents in France, Singapore and South Africa most often noted cost. Malaysian firms listed hiring challenges, German firms mentioned limited data centre capacity   and Indian firms listed seeking the right partner as the most common motivating factors . The Success Factors for Managing Hybrid IT report...

Funds to be invested to hire talent, product development and investment in language technology to cover all Indian languages  Indus OS – India’s #2 OS now has over 7 million users by Shrutee K/DNS Mumbai, India : Indus OS, India’s #2 operating system, attracted new investors VenturEast  and JSW Ventures, in its Series A2 financing round. Omidyar Network, an investor in Series A round, continued its participation. The undisclosed funding amount will be used to hire talent, develop product and further invest in language technology to cover all Indian languages.  Indus OS has built a unique value proposition in the current competitive smartphone market based on its localized, simplified and innovative operating system for India. Launched in 2015, Indus OS climbed upto the #2 position in India within a year, ahead of global giants such as Apple’s iOS & Microsoft’s Windows. Currently, it commands a user base of 7 million, across its smartphone brand partne...

by Shrutee K/DNS In April 2016, The Social Loan Company (TSLC) PTE LTD., launched its innovative technology-driven lending platform for the young, urban professionals on Google Play. The fintech company, through its technology platform, CASHe, provides its users a personalized experience to avail personal loans anytime, anywhere, within minutes. Since its launch, CASHe has been the real game changer when it comes to providing personal finance for the targeted millennial customers. CASHe has seen a fantastic response to its loan products with a month-on-month 45% growth in customer base and 60% growth in disbursal value in the past few months. The current loan disbursements now stand at 1 crore per day and it has achieved a significant milestone of processing over 450 loan applications on a daily average. From disbursing loans worth Rs 32 lacs in April 2016, CASHe now has disbursed loans worth Rs 20 crore in the month of March 2017 – all this within a year of setting up its operat...

by Shrutee K/DNS ISHQ 104.8 FM invites the die-hard fans of Arijit Singh to witness the magic of the voice behind super-hits like 'Ae Dil Hai Mushkil’, 'Channa Mereya' and 'Roke na Ruke Naina’. Come groove to the melodious voice of Arijit Singh as ISHQ 104.8 FM promises an unforgettable musical evening for Delhiites. What: ISHQ 104.8 FM brings Arijit’s European Symphony Concert with 60 musicians performing live on stage When: Sunday, April 2, 2017 @ 6:00 PM onwards Where: Jawaharlal Nehru Stadium, New Delhi For more information & to book your tickets visit:   https://in.bookmyshow.com/ events/ishq-with-arijit-singh- live-in-concert-with-grand- symphony/ET00054617

by Shrutee K/DNS Mumbai, 31st March 2017 : Anil D. Ambani led studio Reliance Entertainment, and Steven Spielberg’s partnership venture, Amblin Partners’ film “A Dog’sPurpose”, is set to release in India today.  The movie is an American comedy-drama film directed by Lasse Hallström, based on the best selling 2010 novel of the same name by W. Bruce Cameron. The film is about a dog that looks to discover his purpose in life over the course of several lifetimes and owners. It turns out that human beings are not the only ones that have existential thoughts such as the meaning of life. Man’s best friend is also looking for purpose, hence the title A Dog’s Purpose. The caveat here is that these beloved canines are able to reincarnate into new bodies, sometimes switching breeds and genders. A Dog’s Purpose, which released earlier this year in the US and China, has been a runaway success globally. The film has already crossed US$ 175 million (Rs. 1,100 crore) at the global b...

       Now plays close to one billion songs per month; sees 200% growth in daily streams over last year        25% growth in daily time spent per user, highest user engagement rate among music apps        Over 100,000 daily installs underlines the growing popularity of Wynk by Shrutee K/DNS New Delhi, March 30, 2017:  Wynk Music (“Wynk”), the OTT music app from Bharti Airtel (“Airtel”), said that  it has crossed the 50 million app installs mark, underlining its growing popularity amongst music lovers in India.  Wynk music now plays appx. one billion songs per month. The app has seen number of daily songs streamed grow by 200% over the last one year and its users are spending more average daily time on the app. As per App Annie data, Wynk now has the highest* number of active daily users in its category. It also has the largest* share of category time amongst all music streaming apps in India. The av...

by Shrutee K/DNS Mumbai, March 30:  Suhaani Lohia, Mumbai’s new young chess queen, is upbeat and high on confidence as she sets off to Tashkent, Uzbekistan to participate in the Asian Youth Chess Championship starting from Saturday, April 1 to Sunday, April 9, 2017. Suhaani will be representing India in the Under-8 category and will compete in a strong field of over 40 contenders from more than 20 Asian National chess federations. However, the seven-year-old Suhaani, a student of Dhirubhai Ambani International School, who became the first Women Candidate Master from the city believes that she will have a great tournament and is confident of returning with flying colours. “Overall, I am happy to be representing my country and aim to make India proud. I am excited to be playing in this tournament and at the same time a little nervous. But I am going to give it my best shot and hope to enjoy every match,” revealed a confident Suhaani, who has an ELO rating of 1120 points,...

by Shrutee K/DNS Mumbai, 30 th  March 2017:    The process for   2017 MHT-CET  has already started   and to help aspirants, Navneet education has launched a new portal   www.topscorer.com/mht-c et.  To offers extensive test preparation packages. All for free! The MHT CET exam is conducted to admit candidates to the full-time undergraduate degree courses in Engineering/ Technology (BE/BTech) and Pharmacy (BPharm/Pharm D) in various recognized institutions in Maharashtra.   Unlike the board exams, this competitive entrance test has to be given   in one day . Navneet's sister concern, eSense Learning Pvt. Ltd’s Director Mr. Harshil Gala says, “MHT-CET entrance test is most important exam for students who aspire to become doctors, engineers. The exam is very competitive and challenging for students. The focus of our dedicated and newly launched portal  www.topscorer.com/mht-cet. is to extensively highlight the concept of ...

8/11 Changed India. 811 aims to take banking to every Indian  by Shrutee K/DNS Mumbai  : Kotak Mahindra Bank (Kotak) today announced the launch of ‘811’ , India ’s unique full-service digital banking ecosystem on mobile that will drive the bank’s organic growth agenda. Born out of Hon. Prime Minister Shri Narendra Modi’s vision of a Digital New India, 811 has been designed around the idea of simplicity and ease of use. 811 offers a zero balance savings account with zero charges for all digital transactions, where customers can earn up to 6% p.a. on their savings account balances. With 811, Kotak Mahindra Bank will accelerate and deliver on its organic growth strategy. 811 offers a completely digital and paperless account opening experience across nearly 700 locations in India. It can be opened anywhere, anytime, within 5 minutes, using Kotak’s mobile banking app – the top rated* banking app in India. Kotak is the first bank in India to integrate the newly introduced ...

by Shrutee K/DNS Mumbai : Havmor Ice Cream, India’s second largest 100% real milk ice cream brand that has delighted many with its delicious offerings since 1944, has announced its plans for further expansion and market development across cities with an investment of INR 200 cr. planned over the next 3 years.  Havmor has now officially launched its first new production facility outside of Gujarat with a state of the art facility in Faridabad adding a capacity of 25000 liters of ice-cream per day. Havmor intends to scale this facility up further to over 1 lac liters per day with a combined output of over 3 lac liters per day. Today, Havmor is readily available across 14 states and to over 70% of India’s ice-cream consuming population making Havmor the 2nd largest 100% real ice-cream manufacturer in India. Havmor continues to expanding its operations through various retail partnership and ice-cream parlors in its six newest territories including Delhi NCR, Haryana, UP ...

TRANSACTION National Peroxide Limited (NPL), part of the Wadia Group, who currently owns 45.4% shareholding and management control in the Company, have agreed to purchase additional 25.1 % stake in NPL from its JV partner-Solvay S.A. in an undisclosed value transaction, in an inter partner, off market block transaction, consolidating their holding in NPL to over 70%. NPL, being a consistent profit-making, cash throwing company, is the largest domestic producer of Hydrogen Peroxide, having an all India market presence and significant market share of close to 45%. Having its manufacturing unit located at Kalyan, near Mumbai, NPL is the largest single location Hydrogen Peroxide manufacturer in India and has a fully integrated manufacturing facility, employing ultra-modern “Auto Oxidation” technology. BACKGROUND Solvay, being a global leader in performance and specialty chemicals, holds 25.1% in National Peroxide Limited (NPL), which it acquired indirectly through the acqui...

by Shrutee K/DNS Mumbai : Gudi Padwa is considered an auspicious day as it signifies new beginnings and is usually earmarked for major purchase decisions, hence many builders come out with mutually benefitting opportunities for the customers to make the most of this occasion.  Across Mumbai and Maharashtra, real estate is a sentiment-driven market; and as the festivals of Cheti Chand, Ugadi, and Gudi Padwa  approaches, people gear up to make their major purchase decisions. The wait was well worth it for many. A lot of developers had special offers and the rest estate market saw a huge spike in terms of sales. The market which was going through a slow phase, saw the largest of the footfall of prospective customers wanting to make one of the most valued investments of life.  However, one developer who really made a mark and saw a bee line of customers wanting to book properties was Mumbai based - JP Infra. The leading real estate player in Mumbai has projects t...

by Shrutee K/DNS Mumbai : Day 2 of the Global Economic Summit on Women’s Empowerment, the flagship event of World Trade Centre Mumbai (WTC Mumbai) and All India Association of Industries (AIAI), was attended by Minister Deepak Vasant Kesarkar of the Maharashtra Government. Mr. Vijay Kalantri, President, AIAI and Vice Chairman, WTC Mumbai, delivered the welcome note and spoke of the importance of empowering women and creating an environment beneficial to women entrepreneurs. Speaking at the event, the Minister congratulated WTC Mumbai and AIAI for the session and spoke proudly as a representative of a district with more women than men. He discussed the many initiatives his Ministry has undertaken to increase the proportion of rural women in the workforce. He noted that change is in the air! And, political change is empowering women to the extent where they are no longer the relative of politicians but are lawmakers themselves. He noted that women are poised to emerge more po...