Thursday, October 29, 2020

HAFELE EXPANDS ITS EXCLUSIVE APPLIANCE SHOWROOM IN BANGALORE.

 Hafele,the world leader in furniture & Kitchen Fittings,has over the last 
 few years expanded its global assortment portfolio to include a sophisticated 
range of built in home appliances.The Company opened its first Company
owned  exclusive appliances show room in Bangalore early last year  to offer
state- of-the-art retail environment for the customers to experience the
functionality of this versatile range that includes everything from cooking,
extraction,counter top to cleaning appliances.The extended showroom will
have an area of 3000 Sq.ft located barely 100 meters from the company's
main Design show room at Langford Road,in the heart of Bangalore City.

The extended showroom was inaugurated by Mr.Chetan Chaturvedi,
General Manager-Operations-Hafele.

Friday, October 23, 2020

MAHINDRA MANULIFE FUND LAUNCHES' MAHINDRA MANULIFE FOCUSED EQUITY YOJANA".

 Mahindra Manulife Investment Management Private Ltd.,,a 51:49 joint venture of  
 Mahindra Financial Services Ltd., &Manulife Investment Management (Singapore)
Launches Mahindra Manulife Focused Equity Yojana,an open ended equity scheme
that aims to invest in 30 stocks across market captialization(i.e multicap).The scheme
is suitable for investors who are looking for long term capital appreciation. It is also
suitable for medium term investors looking for relatively better risk adjusted return 
potential.

Mr.Ashutosh Bishnoi, MD & CEO, Mahindra Manulife Investment Management
Private Ltd., said,"Indian economy & the equity markets are poised for a strong
recovery,as the economy unlocks and we see improvement in corporate 
Performance.The selection of potential winners is done through research,adequate 
quality check,and by following a robust risk management process".

Wednesday, October 21, 2020

ATHER ENERGY LAUNCHES ASSURED BUY BACK PROGRAM.

 Ather Energy introduces Buy back program on the Ather 450X.This is the first of its kind program in the EV Category in India.Ather Energy is guaranteeing a Buy back for the Ather 450X at INR 85,000 at the end of 3 years.

About the Company: Ather Energy, one of India's first intelligent electric vehicle manufacturer was founded in 2013 by IIT Madras,alumni, Tarun Mehta & Swapnil Jain.It is backed by the founders of  Flipkart,Sachin Bansal & Binny Bansal, Hero Motorcorp & Tiger Global.Ather energy launched India's first truly intelligent,electric scooter-Ather 450 in 2018,followed by their new flagship offering Ather 450X in 2020.The Company's product line has won 30 awards in design,automotive 7 Technology categories. Ather energy currently operates in Bengaluru & Chennai & plans to expand to 9 more cities.

Mr.Tarun Mehta,Co-Founder & CEO,Ather Energy  said," we believe Ather Energy's electric scooters are going to have a fantastic value for years & will keep improving with new features."




Monday, October 19, 2020

EQUITAS SMALL FINANCE BANK -IPO AT PRICE BAND OF Rs.32-33.


 Equitas  Small Finance Bank,a subsidiary of  Equitas Holdings, is

coming out with an IPO at a price band of Rs.32-33.The Issue consists

of fresh issue of Rs.280 crores  & an offer for sale upto 72 million equity

shares by Equitas Holdings,will be open for anchor investors on October,19

and for all other investors between October,20 - 22.

Addressing  the virtual press conference for the IPO,Mr.P.N.Vasudevan,

MD & CEO of the bank said that leveraging the existing network of branches

& reducing cost -income ratio will be the major areas of focus for the bank

in the medium term.

The bank was founded in 2017 as a Micro Finance Lender with Head Quarters

in Chennai.Started Banking operations in 2016.The Bank has 856 banking

outlets,operating in 15 states in the country with 15843 bankers at service.


Thursday, October 15, 2020

KSRTC WINS NATIONAL PUBLIC UNDERTAKINGS AWARD.

 KSRTC'S inititiatives ' Sthree Toilet' and ; Mobile Fever clinic' have been

awarded the National Public Undertakings award under the category'CSR

for Social Development". The award was received by Mr.Shivayogi C Kalasad,IAS

Managing Director,KSRTC at a virtual award function held in Mumbai.