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Delivers 6.1 crore transactions with TPV of INR 3,334 crores in November 2020 New Delhi, BharatPe, India’s largest merchant payments company, today announced that it has become the 3rd largest player in the Merchant UPI payment acceptance space. The company has recorded INR 3,334 crores (US$ 479 million) in transaction value for the month of November, displacing Google Pay from the No. 3 position. The company shared that it processed 6.15 crores transactions in November…

Individuals can start investing in 22 Carat e-Gold for as low as Rs. 500, without opening a Demat account Mumbai. While there are multiple ways to purchase gold, one that has become increasingly popular in urban India is e-Gold or Digital Gold. However, in the rural market, the demand for e-Gold remains sluggish due to low digital literacy and awareness. In light of these gaps, PayPoint has launched an e-Gold facility on its platform –…

December. With the disruption caused owing to the sudden emergence of Covid-19, the education system has completely transformed from offline to online. Riding on the growth of the EdTech sector, Indian Edtech major Meritnation, a subsidiary of test preparation leader Aakash Educational Services Limited (AESL), has recorded an impressive growth in terms of paid users during the lockdown. Meritnation has registered a Four-Fold growth in minutes of Live Classes attended by premium users in October…

Preference for online shopping of apparels increased by 15% in the unlock period vs pre-Covid New Delhi. A recent study conducted on shopping loyalists across fashion apparels, personal and home care, shows that many categories badly hit by Covid-19 are rebounding, although, the preference of channels is tilting towards online in some of them. This was revealed in a consumer shopping study conducted jointly by India’s largest multi-brand loyalty program, PAYBACK and its digital research…

India, December, 2020: Siegwerk, one of the leading global suppliers of printing inks for packaging applications and labels headquartered in Germany, has announced their decision to launch Mineral Oil free inks in India for packaging purposes. The inks supplied by Siegwerk from its plant at Bhiwadi (Rajasthan) will not contain mineral oils as an intentionally added substance, that comprises of two fractions – Mineral oil saturated hydrocarbons (MOSH) and Mineral Oil Aromatic hydrocarbons (MOAH). Over…

New Delhi: The Federation of Automobile Dealers Associations (FADA) today released the Monthly Vehicle Registration Data for the month of November’20. Commenting on how November’20 performed, FADA President, Mr. Vinkesh Gulati said, “Automobile Industry has seen one of the best recovery rates since unlocking began as November continues to see positive momentum by growing 29.32% on MoM basis. On YoY basis, the negative slide continues with degrowth of -19.29%. The 42-days festive period saw good…

Bengaluru. Shadowfax Technologies, the leading integrated 3PL services provider, today announced an employee stock ownership plan (ESOP) buyback program for its employees. The total value of the ESOP buyback program is estimated at $5 million and aimed at rewarding its employees as the business recovers to pre-Covid levels. This is the first buyback offering by the company where eligible employees can sell up to 35% of their assigned/vested ESOP shares. Shadowfax employees who have been…

Madurai. TVS Srichakra Ltd., a leading Indian manufacturer of 2&3 wheeler and off-highway tyres, today announced its planned capital expenditure of Rs.1,000 Crores to ramp up manufacturing in its Madurai and Pantnagar plants. This investment is planned to be made over a three year period. The investment, when fully made, will result in an increase in 2 & 3 wheeler tyre capacity by 25-30% and doubling of off-highway tyre capacity from current levels. The investment…

New Delhi. Consortium led by Mr. Murari Lal Jalan and Kalrock Capital, has announced the revival of India’s premier airline – Jet Airways as a full-service carrier. The Jet 2.0 program is aimed at reviving the past glory of Jet Airways, with a fresh set of processes and systems to ensure greater efficiency and productivity across all routes. As per the resolution plan, Jet Airways intends to operate all of its historic domestic slots in…

The gaffer also had high praise for Blasters and their way of play Goa. FC Goa celebrated their first win under Juan Ferrando on Sunday when the Gaurs overcame Kerala Blasters 3-1, powered by Igor Angulo’s second brace of the season. It was a dominating performance from Ferrando’s men. True to their style and philosophy, the Gaurs were the ones who took the initiative and ended the game with the majority of possession and more…