Business – Page 509 – THE ECONOMIC INDIA

10 May

Technology trends that have poised to transform the nature of BFSI industry

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By Neerja Kapur, Chairman & Managing Director, New India Assurance New Delhi (India), May 10: India’s general insurance sector is on the verge of a technology revolution that would fundamentally alter the way the sector operates. Since the development of technology, insurers have been able to improve client satisfaction, offer better goods and services, and streamline their business processes. Several significant technological advancements are expected to significantly alter the Indian insurance market over the next decade. To enumerate some of these trends in detail: Machine learning (ML) and artificial intelligence (AI) The insurance sector in India is expected to undergo…

10 May

Entrepreneurs now have to change with the times: Masala King Dr. Dhananjay Datar

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Adarsh Dombivlikar award ceremony concluded under the chairmanship of Dhananjay Datar Awards to more than 50 meritorious persons presented by Dr. Datar and actor Shivaji Satam Mumbai (Maharashtra) [India], May 10: The present young generation has started using digital platforms on a large scale. The use of new software, apps and transactions from laptops and mobiles has increased. Even street hawkers and small vendors now have digital payment facilities. The use of social media for marketing and publicity has increased. Today’s consumers are more aware and buy products online with reliable information. Entrepreneurs now have to change with the times and…

10 May

Nick Cassidy Triumphs In Monaco To Take Formula E World Championship Lead – 2023 Monaco E-Prix Report

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Nick Cassidy and team Envision Racing power to the top of the Drivers’ and Teams’ world championship standings after victory in Monaco Mitch Evans finishes second to keep Jaguar TCS Racing in the hunt for titles Third place for Jake Dennis who also moves up to third in the Drivers’ standings Jean-Éric Vergne claims inaugural ABB Driver of Progress race award, as more than 20,000 fans attended the Monaco E-Prix Monaco, May 10: Nick Cassidy (Envision Racing) fired to the top of the ABB FIA Formula E World Championship with a storming drive from ninth on the grid to win…

10 May

RiiFFS Parfums Wins “Best Emerging Perfume Brand” at India Brands Icon 2023

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New Delhi (India), May 10: RiiFFS parfums, has been honoured with the “Best Emerging Perfume Brand of the Year” award at the India Brands Icon 2023 event. The ceremony took place on April 14, 2023, in Mumbai, India, the award was presented by Brett Lee, the legendary Australian former cricketer. The award ceremony was attended by several industry leaders, entrepreneurs, and celebrities, making it a truly star-studded affair. With this award, RiiFFS parfums has cemented its position as a rising star in the perfume industry and a brand to watch out for in the coming years. RiiFFS parfums was founded…

10 May

RDP, An Indian Original Equipment Manufacturer Listed On The Government e-Marketplace, Announces A 152% Growth In FY 2022-23

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RDP’s achievement marks a significant growth in the purchase of Made In India digital equipment New Delhi (India), May 10: Being an emerging superpower, India is experiencing a steady growth in the need for the procurement of products across multiple Government initiatives over time. To streamline such procurement and selling, the Hon’ble Prime Minister of India, with recommendations from the Group of Secretaries, established the Government e-Marketplace (GeM) in 2016. With the current order value crossing ₹4,00,000 crores, the GeM deals with products developed locally by trusted Indian companies. RDP is one such OEM that deals in product lines like…

10 May

A one-stop selling and sourcing platform with excellent quality for textile and garment production on display at one of India’s largest textile shows

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Gartex Texprocess India’s Mumbai edition, jointly organised by Messe Frankfurt Trade Fairs India Pvt Ltd and MEX Exhibitions Pvt Ltd, will present exciting prospects on the show floor. Alongside will be focused co-located Denim Show and featured zone on Screen Print India – Textile providing the opportunity to evaluate and tap new markets in building connections with the global industry. New Delhi (India), May 10: With the participation of over 125 companies, Gartex Texprocess India 2023 will offer the industry a platform to bring forward industry innovations, hold collaborative discussions and leverage the textile industry’s strong professional network in textile and garment…

10 May

NAR-India and RICS India join hands to Launch Executive Leadership Programme for Real Estate Business Management

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New Delhi (India), May 10: NAR-India and RICS India have announced the launch of a new Executive Leadership Programme (ELP) for the development of key skills in real estate business management exclusively for NAR-India members. Over the years, the real estate profession in India has undergone significant changes, with real estate agents and realtors playing a crucial role in the industry’s backbone. However, the absence of formal training has resulted in a skill gap that makes it difficult for firms to cater to sophisticated and educated corporate and individual clients. Recently, officials from the regulatory authority have emphasized the significance…

10 May

Varanium Cloud Limited posted mammoth earnings in FY2023 with 10 times growth in profits; Declared 1:1 bonus and dividend

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Company has declared bonus issuance of shares in ratio of 1:1 (One bonus share for one equity share held by equity shareholders) and approved sub-division of one equity share of face value of Rs.10 each fully paid up into 2 equity share of face value of Rs.5 each fully paid up Company has declared total dividend of Rs.10 (i.e.100%) per share in the FY 2023 with an interim dividend of Rs.3 per share and a Final Dividend of Rs.7 announced in a recent Board Meeting Mumbai (Maharashtra) [India], May 10: Mumbai based IT and Cloud Infrastructure rising company Varanium Cloud…

10 May

Jyothi Penumatsa Receives Best Preschool Education Leader of the Year 2023 Award from Government of Telangana

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Jyothi Penumatsa, the director of Willow Woods Preschool, has been recognized as the Best Preschool Educationalist of the Year 2023 by the Government of Telangana and Vande Bharath Trust. Hyderabad (Telangana) [India], May 10: Jyothi Penumatsa, the director of Willow Woods Preschool, has been recognized as the Best Preschool Educationalist of the Year 2023 by the Government of Telangana and Vande Bharath Trust. The award was presented to her by Jagan Patimeedi, the chairman of Telangana State Technology Services, Dr. Ramesh Eppallapalli (Chairman – Vandhe Bhrat Trust) , Dr. Ramesh Martha (Liason Officer, NIMS) at a grand event held on 28th April…

10 May

IPS Academy’s Institute of Fashion Technology successfully organizes fashion show at World Textile Conference

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Indore (Madhya Pradesh) [India], May 10: The Institute of Fashion Technology at I.P.S. Academy, Indore, recently held a fashion show named “Eternity” during the Textile Association of India’s World Textile Conference. Through ten rounds of garments designed by the institute’s students under the supervision of their faculty, the show highlighted the eternal themes of God, nature, and India’s rich heritage. The first phase of the competition included designs inspired by the 108 pillars of Mahakal Ujjain and scenes from Hindu mythology, such as the Samudra Manthan, Tripurasura Vadh, Kamal-Kund, Nandi Dwar, and Sapta Rishi. The second round of submissions comprised…