Month: June 2022

DBS Bank India acquires 9.9% stake in Svakarma Finance

Vijay Raman

MUMBAI, India, June 20, 2022 /PRNewswire/ — DBS Bank India Limited today announced that it has acquired a 9.9% stake in Svakarma Finance, a non-banking finance company, for delivering relevant financial solutions to micro enterprises through a combination of direct lending and co-lending. DBS Bank India’s strategy for its expanded franchise across 300+ locations and 500+ branches envisages significant growth in SME and consumer businesses. DBS will continue to identify opportunities to support lending to micro enterprises in a cost-efficient manner through its own expanded franchise as well as through…

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Union Transport Minister Shri Nitin Gadkari inaugurated Royaloak Furniture in Nagpur

Vijay Raman

NAGPUR, India, June 20, 2022 /PRNewswire/ — Royaloak, India’s Largest Furniture brand, opened its first store in Nagpur. Union Minister Shri Nitin Gadkari inaugurated the Royaloak Store. On the occasion, Shri Gadkari Ji expressed, “The store is huge and it offers all kinds of imported furniture that is a perfect blend of style & Comfort. They have a huge collection in Living, Dining, Beds, Office, and Outdoor Furniture.” He also added that the beauty of the store is “here you get the best price with such a huge collection from all over the world which truly makes them stand out…

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Leaders in Heels and Sneakers Setting up Strong Business Foundation for Marwari Catalysts

Vijay Raman

Introducing the strength behind Marwari Catalysts India’s startup ecosystem enabler, Marwari Catalysts is not only a promoter of entrepreneurs but also a promoter of intrapreneurs within the organisation. MCats is a family of more than 60% women workforce on board. The major functional areas of MCats be it strategy, digital marketing, finance, operations are led by women. Recognising the need for women to become equal participants in the startup ecosystem, MCats have 35% of its portfolio startups led by women Co-founders. Being an accelerator, Marwari Catalysts has always been committed to providing…

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Network18 Launches Phase 2 of the Netra Suraksha Initiative-India Against Diabetes

Vijay Raman

The phase 2 of the Netra Suraksha initiative is devoted to protect the eyes of the loved ones of India’s defense forces Network18 has launched Phase 2 of the Netra Suraksha Initiative-India Against Diabetes. The 3-month long initiative is committed to protecting the eyes of the loved ones of India’s Defense Forces. The initiative was flagged off at the launch event held in Dharamshala BSF War Memorial, Kutch, Gujarat on 14th June 2022. Guests present during the event Hon’ble Smt. Dr. Nimaben Acharya, Speaker, Gujarat Assembly was the chief guest at…

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A recent survey launched by Xobin found that 72% of HR professionals believe that hiring for tech and software product roles is the toughest task

Vijay Raman

MUMBAI, India, June 17, 2022 /PRNewswire/ — As a leader in pre-hire skill assessment tests, Xobin helps over 600+ organizations with online assessment tests for pre-hire screening and training. The company tracks multiple data points to keep a pulse on the shifting trends in recruitment. Xobin released its yearly stats on corporate hiring, giving fair data on the challenges in talent acquisition, recruitment trends, resignation, and retention, etc., and other trends for 2021-2022. The research surveyed over 1600 HR professionals spread across 10 countries. 27% of the HR professionals reported that…

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Balavidyalaya Opens Admissions for Early Intervention and Pre-school Programmes for Children with Hearing Impairment

Newsdeck

Balavidyalaya, established in 1969, one of India’s first schools for children with hearing impairment, has begun admissions for early intervention for babies and pre-school children. Applications are accepted for children aged 0 to 3 years. Faculty at Balavidyalaya seen coaching a child with hearing impairment through special curriculum helping the child develop language skills Balavidyalaya helps children with hearing impairment develop language skills so that they can join mainstream education system, and they do it free of cost. The school creates a platform for the children to develop verbal language…

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Sigmoid enables significant cost reduction on Google Cloud Platform for Reckitt

Newsdeck

Sigmoid develops an end to end Google Cloud monitoring and optimization solution to reduce  infrastructure cost by 2.1x while improving performance. BENGALURU, India, June 15, 2022 /PRNewswire/ — Sigmoid, a leading data engineering and AI solutions firm, partnered with Reckitt a multinational consumer goods company, in successfully concluding a global cloud optimization initiative. This engagement helped Reckitt to improve their data infrastructure on the cloud and enable analytics solutions across marketing and supply chain. With increasing data volumes and multiple business teams relying on access to high quality data, enhancing cloud…

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SecureKloud launches CloudEdge platform to ease cloud adoption

Vijay Raman

Platform-as-a-service model to cut down costs by 80%; Make cloud integration 90% faster CHENNAI, India, June 15, 2022 /PRNewswire/ — SecureKloud Technologies, a leading provider of cloud transformation solutions, has announced the launch of its Platform-as-a-Service (PaaS) offering, CloudEdge, a fully secure and compliant platform that empowers organizations to leverage the power of automation and experience the agile deployment of holistic cloud work environments 10x faster at a fraction of the cost. According to Precedence Research, the global cloud computing market size is projected to hit around US$ 1,614.10 billion by…

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Genesis Foundation and SBI Foundation Together Save a 2-Month-old Baby from Heart Failure

Vijay Raman

Two month old, Sakshi (name changed) had a hole in her heart called the Aorta Pulmonary Window. With extreme respiratory distress, the child would not have survived infancy if she had not received timely treatment, with financial support from SBI Foundation, through Genesis Foundation. With a weight of 2.9 kilograms, Sakshi is one of the smallest children in India to undergo device closure of Aorta Pulmonary Window. She is the only child of Sahira and Suhail (names changed) from Thane in Maharashtra. A few weeks after her birth, Sakshi had…

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THE SLEEP COMPANY, COMFORT-TECH DISRUPTORS LAUNCHES ITS FIRST RETAIL OUTLET IN BANGALORE – KICKS OFF ITS NATIONWIDE OFFLINE EXPANSION PLAN IN STYLE

Vijay Raman

This launch activates the brand’s expansion plans of 25+ stores in strategic locations over the next six months The aggressive offline push is a pivotal growth driver for The Sleep Company to achieve its goal of INR 500 CR in two years Each store will be a unique SmartGRID experience through innovative and aesthetically designed spaces BANGALORE, India, June 10, 2022 /PRNewswire/ — The Sleep Company, Asia’s SmartGRID mattress pioneers and advocates of the comfort-tech movement in India and Asia, today marked their entry into the offline retail space with the…

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