Category: Uncategorized

LTIMindtree Integrates Syncordis and Nielsen+Partner to Form Banking Transformation Practice

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced integration of its subsidiaries; Syncordis and Nielsen+Partner to form a specialized Banking Transformation Practice (BTP). LTIMindtree’s BTP is uniquely positioned to deliver end-to-end Consulting, Digital and IT services, leveraging commercial off-the-shelf (COTS) products and platforms serving Banks and Capital Market firms.   LTIMindtree acquired Syncordis in December 2017 and Nielsen+Partner in January 2019. Through this integration, LTIMindtree aims to combine complementary capabilities of two successful companies with a proven track record in delivering industry-leading growth.   Nachiket Deshpande, Whole-Time Director and Chief Operating Officer, LTIMindtree, said, ... Read more

Paytm issues over 1 million QR tickets for Chennai Metro; CMRL offers 20% discount on QR tickets booked via Paytm

One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading digital payments and financial services company and the pioneer of QR code, soundbox and mobile payments, today announced that it has issued over 1 million QR code-based ticketing for Chennai Metro to passengers since its launch using Paytm app in August 2023. This has enabled users with a convenient, and hassle-free way to purchase tickets for their metro rides.   Additionally, Chennai Metro Rail Ltd (CMRL) is offering a 20% discount on all the QR code-based tickets booked via Paytm. Passengers can pay for their QR-code based tickets using ... Read more

Social Edutainment platform Maidaan raises Undisclosed Amount in Pre-Seed Round led by Inflection Point Ventures and EvolveX

Maidaan, a social edutainment platform raised an undisclosed amount in a Pre-Seed Round led by Inflection Point Ventures and EvolveX. We Founder Circle also participated in the round. The funds will be utilised primarily for driving product development, innovating on content, games, and tournament formats.   Maidaan stands as an innovative peer-to-peer edutainment platform, redefining the educational landscape for school children in India. Through its live, bite-sized Olympiads and tournaments, Maidaan aims to let everyone explore education and a peer group beyond regular school. With a vision to make interaction with peers beyond school affordable and accessible, it aspires to ... Read more

IEX POWER MARKET UPDATE, DECEMBER’23

Indian Energy Exchange, India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis.   For the third quarter of the fiscal year 2024, IEX achieved 28,326 MU overall volume, registering an increase of 16.9% YoY basis.   According to government data published in December ’23, the country’s energy consumption remained flattish at 119.07 BUs.The Market Clearing Price in the Day Ahead Market for ... Read more

Creative Graphics Solutions bets big on pharmaceutical packaging business; aims to double its revenue from the sector by FY26

Creative Graphics Solutions (The Company), India’s leading organised and integrated packaging ecosystem player, aims to double its revenue from the pharmaceutical packaging business by March 2026. The company plans to capitalise on the adoption of sustainable packaging materials and the implementation of enhanced branding technologies in the pharma industry. Its fully-owned subsidiary, Wahren India, dedicated to offering high-quality and innovative packaging solutions for the pharmaceutical industry, has signed reputed clients in the sector, including Skymap Pharmaceuticals, Theon Pharmaceuticals, Tirupati Lifesciences, United Biotech and Akums India.   In a strategic move to expand its business beyond the core of manufacturing flexographic ... Read more

Dudes & Dolls World becomes the first school ever to introduce New-Age Work Culture

Dudes & Dolls World, a leading school in Faridabad for Child Development between 0 to 5 years, proudly announces a groundbreaking initiative. In an unprecedented move within the education sector, Dudes & Dolls World has become the first-ever school to introduce New-Age Work Culture and launch initiatives specifically catering to the well-being of its esteemed teaching faculty. These initiatives encompass mental health, physical wellness, and personal grooming, solidifying the school’s commitment to fostering a supportive and healthy environment for its educators. Recognizing the invaluable contributions of teachers and their pivotal role in shaping future generations, Dudes & Dolls World has ... Read more