Indian News Service
www.indiannewsservice.blogspot.com Provides interesting news relating to corporate Happenings,IPO's which includes Comments\Rating on IPO's,stock watch, Business,Finance, Product launches Banking,Technology etc..We will continuously be updating interesting events for the benefit of the visitors to the site. Keep Following up the Posts. We also do the syndication of news. Editor:P.B.Srinivasan,Dy.Editor-Kamala Srinivasan. FOLLOW US IN GOOGLE+ AND IN TWITTER ALSO.
Saturday, December 14, 2024
SAAB ORGANISES GRIPEN E PREVIEW PRIOR TO AERO INDIA 2025.
Tuesday, November 12, 2024
ZEISS INDIA EXPANDS ITS GLOBAL CAPABILITY CENTER IN BENGALURU -PLANS TO DOUBLE ITS WORKFORCE BY END OF 2028.
ZEISS, a global leading player in optics & Optoelectronics inaugurated its Global capability Center(GCC) in Bengaluru,India marking a pivotal expansion to further bolster digital transformation,research and innovation efforts in India.The facility was inaugurated by Priyank Kharge, Hon'ble Minister for Elecronics,IT,BT,Rural development & Panchayat Raj, Govt.Of Karnataka. ZEISS India Global Capability center is a strategic hub that will tap into Bengaluru's IT talent pool to drive technology solutions & further expand Zeiss's global R&D capabilities. The GCC spans around 43,000 sq.ft and will accomodate 600+ employees with deep domain expertise in the field of Application research for medical Technologies,Vision care,Cyber security,& Digital transformation.
Addressing the media. Mr.Priyank Kharge said," Zeiss's journey in India a testament to our nation's strength as a premier global investment hub.India now hosts over 4000 GCC's with Karnataka alone accounting for 38% of these.I am excited to see the positive outcomes of public/private partnership. I encourage more such alliances to drive impactful solutions",the minister added. Mr.Dhaval Radia, CFO,ZEISS said," The Center will accelarate the digital transformation of our growing global operations & stands as a clear testament to our unwavering commitment to building a solid foundation for Zeiss's growth in India".
Monday, November 4, 2024
SWIGGY LIMITED - IPO TO OPEN ON NOVEMBER 06 2024.PRICE BAND FIXED AT Rs.371 PER EQUITY SHARE TO Rs.390 PER EQUITY SHARE OF THE FACE VALUE OF Rs.1 EACH.
Swiggy Limited,India's On Line food & Grocery delivery company ( The Company) proposes to open its Initial public Offering (Offer) on Wednesday ,November,06,2024. Bid/Offer closing on on November,08,2024.Anchor investor bidding date is one working day prior to Bid/Offer opening date,that is Tuesday,November,05,2024. The Price Band of the offer has been fixed from Rs.371/- per equity share to Rs.390/- per equity share. Bids can be made for a minimum of 38 equity shares & in multiples of 38 equity shares thereafter.
SWIGGY forayed into food delivery eco system in 2014 after Three friends
Sriharsha Majety, Nandan Reddy,& Rahul Jain decided to start the service. Swiggy & Zomato dominate the food delivery market.
SWIGGY IPO Size: The issue combines a fresh issue of 11.54 crore shares & an Offer for sale (OFS) of 17.51 shares. From the sale of fresh issue of shares,the Company will raise Rs.4499 crores.
IPO Listing; The shares of the Company may be listed in BSE /NSE on November,13,2024.
For further information Please read the RHP .
Wednesday, October 23, 2024
KERALA GOVERNMENT NOD TO RESPONSSIBLE TOURISMPROJECTS WORTH Rs.6.64 CRORES.
Giving a big boost to its globally acclaimed Responsible Tourism (RT) initiative,the Kerala government has approved projects worth Rs.6.64 crores for implementing various initiatives in different destinations in the state.The projects are aimed at bolstering & diversifying the offerings under the Responssible Tourism initiative during 2024-25,with emphasis on sustainability and inclusiveness.The destinations benefiting from the initiative include RT Mission society training centre at Kumarakom and Beypore integrated RT Development project.
"The RT Initiative is going to be the driver of Kerala Tourism in the future." says Mr.P.A.Mohamed Riyas,Tourism Minister.With the expansion of RT Mission's activities,the footfall of foreign tourists & Visitors will go up,imparting a great momentum to the state's sustainable & experiential destination. Developing grass root level tourism,linking it with tourism industry,promotion of sustainable and gender inclusive models and generation of jobs and income for local communities are the basic objectives of Kerala RT.
Monday, October 14, 2024
GLOBAL SURVEY REVEALS THIRUVANANTHAPURAM AMONG TOP 10 MOST POPULAR PLACES TO VISIT IN 2025.
Wednesday, September 18, 2024
CURRICULUM ASSOCIATES EXPANDS CAPACITY WITH NEW OFFICE IN BENGALURU.
Curriculum Associates,an edtech company head quartered in North Billerica,Massachusetts,(MA) announced the opening of its first Global Capability Center in India,with the new office in Bengaluru.The grand opening & ribbon cutting ceremony was led by Mr.Rob Waldron,CEO, Curriculum Associates along with Mr.Rajeev Kapoor,VP, Curriculum Associates,India.The expansion underscores Curriculum Associates' commitment to building a robust global workforce.The Company to hire talent from India to support multiple functions and drive growth globally.
About Curriculum Associates: Founded in 1969,Curriculum Associates,LLC,designs research based On line instructional materials,screens & assessments and data management tools. The Company's products & outstanding customer service provide teachers & administrators with the resources necessary for teaching diverse student populations and fostering learning for all students. Curriculum Associates develops both print & digital assessments,diagnostic & Instructional materials that serve more than 13 million students in the United States.Curriculum Associates,have a global presence with five offices across the United States,one in Dublin,Ireland,and now in Bengaluru. The Company has 2500 employees spanning across various cultures & Continents.
"Curriculum Associates,
has always prioritized hiring the best talent to ensure our ability to serve teachers & students.This expansion is part of our commitment to hire top talent worldwide and help us achieve our mission of making classrooms better places' said,Mr.Rob Waldron, Curriculum Associates.
Saturday, September 14, 2024
BONUS,FESTIVAL ALLOWANCE FOR EMPLOYEES OF KERALA TOURISM DECELOPMENT CORPORATION & DISTRICT TOURISM PROMOTION COUNCILS.
The government has announced bonus and festival allowance for employees of Kerala Tourism Development corporation (KTDC) and District Tourism Promotion Councils (DTPC's).The decision was taken on the eve of Onam, & the permanent employees of KTDC within the eligible bracket will get 8.33% of annual wages as bonus.Those who are not eligible for bonus will receive Rs.2750/- as festival allowance. Also,the permanent employees of KTDC will be eligible for a festival advance of Rs.20,000/- and contract employees can avail Rs.5000/- as advance. The DTPC's running on profit can pay its employees upto Rs.3000/- based on the decision of the executive committee concerned.
The Minister also directed the DTPC's to pay Rs.1000/-each as festival allowance for employees attached to the clean destination Campaign undertaken by DTPC's.
Wednesday, September 4, 2024
KARNATAKA SHOWCASES 27th EDITION OF BTS 2024 TO GLOBAL PARTNERS -FROM BENGALURU TO THE WORLD -A PREVIEW.
The Department of E,IT,BT Government of Karnataka,under its Global Innovation Alliance (GIA) initiative,hosted the GIA Meet to promote the Bengaluru Tech Summit (BTS 2024) to its GIA partner countries & International Trade Mission representatives. The Consul Generals from Austalia,Denmark, Israel,Japan,Switzerland,the USA,the UK confirm their commitment to participation.Heads of International Trade Missions from Poland,Finland,France,Germany,Netherlands & Italy also participated.
Addressing the gathering,Mr.Priyank Kharge,Minister for IT,Bt,Rural Development & Panchayati Raj,Government of Karnataka,said," Bengaluru is not just tech capital of India but also a globally recognised center for innovation,research,& technology-driven growth. The Bengaluru Tech Summit has been a catalyst in bringing together the brightest minds from around the world to exchange ideas and foster innovation. He further gave a slogan" SKILL LOCALLY & WORK GLOBALLY".
Dr.Ekroop Caur, IAS,Secretary to Government ,Department of Electronics,IT,BT & Science & Technology,Govt.of Karnataka made a detailed presentation about BTS 2024 & highlighted the salient features of BITS 2024. She said that the BTS 2024 stands on FIVE Pillars Viz.Trends,Insights, Business,Awards & Talent & the event Spectrum will be based on Business & Partnerships,Ideas and Exchange,Excellence & Celebration & sharing of experience & to explore new avenues. She said the recent edition in North Rhine Westphalia,Germany announced a welcome Package offering 10,000 euros in financial support to Karnataka based start Ups.
The Theme of the BTS 2024 is BREAKING BOUNDARIES.
Monday, September 2, 2024
REST ROOM FOR TOURIST TAXI DRIVERS MANDATORY IN HOTELS SAYS KERALA GOVERNMENT.
In a major labour-friendly initiative by the Tourism sector,Kerala government has made it mandatory for classified hotels & other tourist accommodation units in the state to provide rest rooms & other basic facilities for tourist taxi drivers carrying domestic & foreign tourists in their vehicles.The decision was taken in view of the vital role played by taxi drivers in the tourism industry,ensuring safe & comfortable movement of tourists across state.The difficulties faced by tourist taxi drivers were taken upon on priority basis by Tourism Minister Shri.P.A. Mohamed Riyas during his interactions with the stakeholders including driver's unions.
"Taxi drivers are an integral part of Kerala Tourism and this decision meets their long standing demand for facilitating the basic amenities for them",the Tourism Minister said.
Wednesday, August 28, 2024
KERALA TOURISM PRESENTED THE PATA GOLD AWARD 2024 FOR THE BEST DIGITAL MARKETING CAMPAIGN
Kerala Tourism was presented the globally acclaimed Pacific Asia Travel Association (PATA) Gold Award 2024 for its Online contest "Holiday Heist" in the Digital Marketing Campaign category, at a function held in Bangkok.
Smt. Sikha Surendran,Tourism Director,receiving the PATA Gold Award 2024.Tuesday, August 27, 2024
KERALA TRAVEL MART -2024 - 26 TO 29 SEPTEMBER 2024.
MUNNAR
ALAPUZHA
Monday, August 26, 2024
RAJASTHAN YOUTH ASSOCIATION (RYA),BENGALURU -50th BOOK BANK & SCHOLARSHIP PROGRAM.
Rajasthan Youth Association (Education & Public Service Trust), a)To build & donate a new college block at SLN College of Arts & Commerce at an outlay of Rs.3.25 crores, b) sets up Computer Tech centres, Installs water filters for government colleges & c) Provides Scholarships & books to thousands of government college students. Rajasthan Youth Association,donated 2500 sets of textbooks & note books as part of their Book Bank initiative yesterday in Bengaluru.
RYA Bengaluru will be spending around Rs.3.25 crores to build a modern,four storey structure approximately measuring 16,000 Sq.ft at SLN College of Arts & Commerce in Kalasipalyam.This flagship project in RYA's 50th year & will be building 11 class rooms& toilet blocks.The third floor will house facilities for skill development,vocational training & coaching of students,facilities for training towards women empowerment & infrastructure " says Mr.Sanjay Lunkad,President of the Rajasthan Youth Association,Bengaluru.
The Golden Jubilee celebrations of RYA was inaugurated by Dr.C.N.Manjunath,M.P,Lok Sabha and the Guest of Honour was Mr.Padamji Khincha,Eminent Chartered Accountant & Academician.RYA also felicitated Mr.Mohanlalji Ranka,President,Sri Bhagwan Mahavir Hospital & Dr.Narpatji Solanki,Opthalmologist & Philanthropist for their contribution to Society.