Parliamentary Standing Committee recommends Franchise Protection Act for Automobile Dealers
Franchise laws will actually level the playing field between large automakers and local dealers. Currently, almost all auto dealerships are privately owned proprietorship or family-owned businesses.
Neuberg Diagnostics plans to expand its reach in North and East
India’s fourth-largest diagnostics lab Neuberg Diagnostics already has a presence in Delhi NCR and Chandigarh. Currently, it is conducting Covid-19 tests at its 10 ICMR approved labs in the country.
SBI General Insurance partners with IntrCity RailYatri to provide domestic travel insurance to bus travelers
SBI General Insurance, has partnered with IntrCity RailYatri to provide Domestic Travel Insurance to customers opting to travel through IntrCity RailYatri. This partnership will enable the domestic bus travellers to avail complimentary travel cover worth Rs. 5 Lacs along with the travel ticket.
SBI General Insurance partners with Mahindra to capture rural India
SBI General Insurance aspires to become the first choice for every Indian’s general insurance needs. This association marks a significant milestone for SBI General in realising its vision of becoming the most trusted general insurer for transforming India.
Neuberg appoints A Ganesan as Group Vice Chairman
India’s fourth-largest diagnostics chain, Neuberg Diagnostics, announced the appointment of A Ganesan as the Group Vice Chairman.
TVS Srichakra lines up Rs. 1000 crore expansion plan
TVS Srichakra supplies tyres to most two and three-wheeler manufacturers that operate in India, besides holding a significant presence in the domestic aftermarket. The company is also a leading exporter of 2 & 3 wheeler tyres.
Shadowfax offers $5 mn ESOP buyback program to reward employees
Shadowfax has also announced the appointment of Praharsh Chandra and Gaurav Jaithliya as co-founders, effective December 2020. This move is in the direction to strengthen the leadership team
BharatPe topples Google Pay to be No #3 in UPI space
BharatPe co-founded by Ashneer Grover and Shashvat Nakrani in 2018 offers a range of fintech products to help small merchants grow their business. These include industry’s first interoperable UPI QR with zero transaction fees, a range of credit and insurance products, the POS machine and digital gold.
Punjab National Bank launches PNB LenS to speed up loan delivery
The main purpose behind the PNB LenS is to speed up the loan processing and reduce delays in the system
Aakash Educational Services Limited (AESL) unveils a new TVC
The objective of the TVC is to build brand awareness, besides supporting retail marketing to drive consumer traffic. The commercial is prepared to make the students and parents aware of the philosophy of conducting a national level examination like ANTHE.
Paytm all set to waive off all charges on merchant transactions
Paytm will absorb Rs 600 crore in MDR charged annually by banks to support the MSMEs and ensure that they have adequate liquidity to expand their businesses. This initiative will benefit more than 17 million merchants on Paytm ecosystem
Paytm Money launches Initial Public Offer (IPO)
Paytm Money is all set to facilitate investments in Initial Public Offers (IPOs) in India. This launch will benefit retail investors with wealth creation opportunities. The company has made the process of IPO application completely digital and simple for retail investors across the country to apply for IPOs.
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