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Business

Carmine Communications Bags PR Mandate for Essel Group’s Utilities and Infrastructure

Essel Group has appointed Carmine Communications, a premier Mumbai-based PR agency, to handle PR services for its utilities and infrastructure business in India. The agency will assist Essel Utilities and Distribution Company Limited (EUDCL) and Essel Infraprojects Limited (EIL), in providing strategic communications advisory and implementation across key markets in India. The account was won […]

Business

Europe the most visited Adventure Travel destination reveals survey by Active Holiday Company

Mumbai : Active Holiday Company, India’s first and only company exclusively focused on international adventure, today released the survey findings on Indian Adventure Travellers from their inaugural report titled ‘Outbound Adventurism Tourism from India – A Market Report’. The research study was conducted along with The Outdoor Journal. The Adventure Travel segment is slotted by […]

Business

Asifma And Thomson Reuters Launch White Paper On Stock Connect

HONG KONG : ASIFMA and Thomson Reuters today launched their new white paper examining the implications of, and outlook for, the recently launched Shanghai-Hong Kong Stock Connect initiative. The report focuses on three core areas of the landmark pilot program: its significance in context, the key remaining issues to tackle and the possible next steps […]

Banking

Feedback on RBI monetary policy announcement

RBI in its fifth bimonthly monetary policy review kept all the key rates unchanged, CRR at 4%, Repo Rate at 8% while Reverse repo rate at 7%. As the RBI policy declared was at par with the expectation of the market participants no major impact was observed. Slight volatility was seen at the time of […]

Business

MediGain will use $38mn in growth capital to expand five fold

Chennai : MediGain Health Private Ltd (the Indian counterpart of MediGain LLC), a leading global provider of revenue cycle management (RCM) solutions and analytics for the healthcare industry,has announced that it plans to expand its Indian operations five-fold with the recently-acquired $38 million in growth capital from Prudential Capital Group (Prudential).Deloitte Corporate Finance LLC (DCF) […]

Markets

Philip Kotler Centre for Advanced Marketing to Establish Knowledge Partnership Network

Bengaluru : After successfully presenting Dr. Philip Kotler for the first time in the city of Bengaluru at the Philip Kotler Marketing Forum (PKMF) on 19th November 2014, Philip Kotler Center for Advanced Marketing (PKCAM), Bengaluru plans to establish a knowledge partnership network in collaboration with reputed Indian universities. Professor Priyanka PV, Director of PKCAM, […]

Business

Tata Housing bags the prestigious Global Performance Excellence Award 2014

New Delhi : Tata Housing Development Company (Tata Housing), one of the fastest growing real estate companies in India was honored with the “Global Performance Excellence Award 2014” in the Services Category by Asia Pacific Quality Organisation (APQO), Chicago, Illinois, USA. The Company has been declared as a “World Class Organisation” (top category award) amongst […]

Business

Gateway Rail appoints Mr Sachin Bhanushali as Chief Executive Officer

New Delhi : Gateway Rail Freight Limited (Gateway-Rail), subsidiary of Gateway Distriparks Limited (GDL) has announced that Mr Sachin Bhanushali, President, Gateway-Rail, has been appointed as Chief Executive Officer (CEO) with effect from 1 December 2014. Mr Bhanushali will continue to report to Mr Prem Kishan Gupta, Chairman & Managing Director, Gateway-Rail. Mr Bhanushali joined […]

Business

SEBI permits 123 alternative funds to operate in India

Market regulator SEBI has allowed as many as 123 entities to set up AIFs newly created class of pooledin investment vehicles for real estate, private equity and hedge funds in less than two and half-years. The 123 Alternative Investment Funds (AIFs) have been registered with the Securities and Exchange Board of India (Sebi) since July […]

Stock & Share

Sensex rises 94 pts in early trade

Continuing its winning-streak for the fourth straight session, the BSE Sensex rose by another 94 points in early trade on Monday amid clamour for rate cut by the Reserve Bank on Tuesday after the better-than-expected second quarter GDP growth. The 30-share barometer spurted by 94.55 points, or 0.33 percent, to trade at 28,788.54 with consumer […]