Business – Page 821 – THE ECONOMIC INDIA

02 Jun

Klub joins hands with Oxyzo to facilitate ₹100 crores to digital SMEs across India

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Klub, India’s leading Revenue Based Financing platform, today announced that it has partnered with Oxyzo Financial Services Private Limited, a tech-enabled smart financing solution provider, to disburse ₹100 crores to support digital SMEs. The ₹100 crores fund will be deployed to enable SME-lending across India to provide fast, founder-friendly, and flexible funding. Oxyzo is a tech-enabled company with a deep understanding of SMEs’ business needs. Aiming to transform small and medium enterprises into large, the company offers credit solutions that are customised to help SMEs expand their operations, increase revenue, and improve their profit margins. Oxyzo, which became a Unicorn earlier…

02 Jun

Metaverse design international program launched in Asia

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Virtual cities designed as part of the course Dezact, UK together with LAC, China, Design Futures Foundation, USA & Avani Institute, India are organizing a series of online courses for designing cities in the virtual world London (UK), June 2: A unique 3 week long online course has been launched for design students in Asia which is focused on designing cities and entertainment venues in the metaverse. Dezact, UK, in collaboration with LAC, China, Design Futures Foundation (DFF), USA & Avani Institute of Design, India, has launched the online course titled ‘MetaPlay 2.0’ to promote the potential and viability of…

02 Jun

plutos ONE – How two founders are unlocking value in Middle India by sharing the customer relationship with banks

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Named after the Greek God of Wealth, plutos ONE is a one-stop platform for bank customers to manage all their commerce needs. New Delhi (India), June 2: Banking in India India boasts the second-largest banked population and one of the most dynamic and advanced fintech sectors in the world. Those achievements seem at odds with the fact that fewer than 3% of Indians have a credit card and fewer than 25% have ever made a digital transaction. Part of the responsibility rests with the banks. Stuck between restrictive mandates and an emphasis on short-term profitability, Indian banks are unable to…

02 Jun

FURO Sports Shoes welcomes Shahid Kapoor as its Brand Ambassador

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New Delhi (India), June 2: FURO Sports Shoes (from the house of Red Chief Shoes) is thrilled to announce its much-coveted collaboration with the Bollywood Superstar Shahid Kapoor. Shahid’s youthful and sporty personality of an affable boy gels with the aspiring core values and ethos of FURO Sports Shoes. Shahid appeals to a broader audience across all age groups. While his exceptional fitness lifestyle, dancing prowess, and romantic-action-oriented movies attract the youth, his responsible family guy persona also connects with relatively mature age groups. Mr. Manoj Gyanchandani (Managing Director), expressing his views on the collaboration, shares, “We are extremely honoured…

02 Jun

Salasar Techno’s revenue rise 21% in FY22, installs four communication towers at Goa Airport

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New Delhi (India), June 2: The engineering and construction player Salasar Techno Engineering Limited has announced its results for the period ended March 31, 2022. The company clocked a 20.5 per cent jump in the total income from operations at Rs 718.87 crore in the year ended March 31, 2022. The operational income in the previous fiscal stood at Rs 596.59 crore. In the financial year 2022, the company reported a 7.2 per cent rise in the profit after tax (PAT) to Rs 32.18 crore, which was Rs 30.02 crore in the previous year. Operation profit dipped marginally to Rs 42.25…

01 Jun

Vegas Mall organized a very successful ‘Potpourri Challenge’ Half Marathon

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June 1: Vegas, Delhi’s most fashionable go-to place, is known for its passionate community-building events & efforts. This weekend, Delhi witnessed another great initiative by Vegas that touched hundreds of hearts and sent out a message of strength & hope. On 29 May, last Sunday, the mall organised a very successful ‘Potpourri Challenge’ Half Marathon which saw more than 1200 people take part. This noble initiative was aimed at raising cancer awareness among Delhiites. The organisers spread the word about this widespread disease and educated the public about proactive measures for preventing it. Also shared were suggestions to help patients…

01 Jun

Intraday Trading trend, increases at Alice Blue

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– Company records 11% YoY growth in Intraday trade volumes – Records over 50% YoY growth in revenues India, June 1: With the buoyancy increasing in the Trade markets, customers using Intraday trading has increased at Alice Blue. The company has recorded a 11% YoY rise in Intraday trade. Across other trading instruments too the company has recorded significant YoY growth. With the positive market sentiment trading activity has been in the rise at Alice Blue taking its YoY revenue to grow by over 50%. Recently the company announced noticeable growth across instruments including Gold, Futures & Derivatives with significant…

01 Jun

After his win at Dallas South Asian Film Festival, Vaibhav Tatwawadi recounts how he bagged the much loved Nirmal Pathak Ki Ghar Wapsi

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June 1: The most effective stories are often the ones that are told. It’s a week of big wins for the Nirmal Pathak Ki Ghar Wapsi headlined by Vaibhav Tatwawadi. The film has won two Awards At DFW South Asian Film Fest, Including the Best Actor for Vaibhav. Currently streaming on Sony Liv, the movie stars Alka Amin, Vineet Kumar, Pankaj Jha, Akash Makhija, Kumar Saurabh, Garima Srivastav and Ishita Ganguly, amongst others. The film that delves into a man’s journey to find his roots, Vaibhav flawlessly plays the role of Nirmal, a man who returns to his village after…

01 Jun

Dr. Sameer Bhati, Director, Star Imaging, felicitated by Sh. Rakesh Asthana, Delhi Police Commissioner, for supporting Wellness Center

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New Delhi (India), June 1: Dr. Sameer Bhati, Director of Star Imaging & Path Lab, was honoured with Commendation Roll by Sh. Rakesh Asthana, Commissioner of Police, Delhi, for assisting Delhi Police in setting up a Wellness clinic in the West District. The Award Ceremony was organized at Police Station Hari Nagar, where the Chief Guest Sh. Rakesh Asthana also inaugurated the Cyber Police Station of West District along with a crèche and a Police Public Library. Delhi Police has constantly launched welfare & outreach initiatives for social welfare. The Wellness Clinic at West District is also a part of…

01 Jun

Global Running Day Special: CityWoofer Promotes Running through Marathons and Run Events

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New Delhi (India), June 1: This Global Running Day is just another day to celebrate the joy and goodness of running. Thanks to online platforms like CityWoofer, running is fast emerging as the most popular sport. Fitness & wellness experts recommend running regularly to strengthen your whole musculoskeletal system. No wonder running has become an integral part of the lifestyle of practically countless people. Everybody knows about Mumbai Marathon. And who can forget the tremendous footfall in Airtel Delhi Half Marathon in 2005 when it came out for the first time. Sumeet Soni, the founder of CityWoofer, is a running…