MCX,Mandsaur Univ sign pact to promote financial literacy

Multi Commodity Exchange of India today said it has signed a memorandum of understanding (MoU) with Mandsaur University, a UGC recognised private university, in Madhya Pradesh for promoting financial literacy among students.
This is the tenth such pact signed by MCX with various educational institutions.
The initiative is directed towards imparting education on commodity price risk management and derivatives market, and will foster empowerment of the students through several efforts toward financial-skill development.
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Piramal Realty launches 2nd phase of Piramal Vaikunth proj * Piramal Realty today said it has launched the second phase of its mixed-use development project Piramal Vaikunth with the two residential towers 'Vahin' and 'Vrisa'.

Designed by Chicago-based architectural firm HOK, the project, Piramal Vaikunth, is spread across 32 acres, and will house 14 towers having 2/3 BHK apartments, duplexes and townhouses.

"There is a dearth of quality development in the city, and we have seen that there is a lot of potential for a high quality product. This is reflected in the response we received for Phase 1 of Piramal Vaikunth... We expect similar response for the phase 2 as well," Piramal Group Executive Director Anand Piramal said in a statement.
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Rel Securities may bring 40pc customers under Tick Pro in 1 yr * Reliance Securities, the broking and distribution arm of Reliance Capital which launched the mobile-based options trading application- Tick Pro today, is hopeful of bringing around 40 per cent of its already existing 8,00,000 customers under the app's fold within one year.

"We are witnessing 2,500 downloads of the app Tick Pro so far since its soft launch a month ago. Now we are hopeful of bringing 30-40 per cent of our existing customers numbering 8,00,000 under the app's fold over 12-18 months," Reliance Securities chief executive B Gopkumar told reporters while launching the app today.
"Around 5-6,000 trades are already taking place through the platform as of now," he added.
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SBI Card upgrades mobile app with more features * SBI Card has upgraded mobile application features adding balance transfer, encash, easy money and flexipay services across all major phone platforms.

The refreshed app will enable SBI Card customers to access information and avail services for their credit card account on the go, SBI Card said today.
"SBI Card Mobile App 3.0.0, will offer users all the features of the previous version, with additional features such as balance transfer, encash, easy money and flexipay that can be accessed by the customers anywhere, at any time," it said in a release.
iRobot launches vacuuming robot in India for Rs 69,900
* Betting big on the Indian market, US-based iRobot has launched its premium vacuuming robot 'Roombaa 980' in the country for Rs 69,900.

IRobot entered the Indian market last year in an exclusive partnership with Puresight Systems and already sells a few of its vacuuming robots and floor mopping robots here.
"Given changing lifestyles, Indian consumers are constantly looking for convenient solutions to improve their quality of life. This robot will change the way we view floor cleaning and revolutionise home cleaning," Puresight Systems spokesperson Ayesha Khan said.
She added that currently there are two iRobot experience centres in Bengaluru, which will be expanded to other major cities in the next 12-24 months.
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HCL Tech bags IT deal from Australian energy retailer * HCL Technologies today said it has won a contract to provide application management services for Western Australia's energy provider, Synergy.

Under the contract, HCL will transform and support the organisation's digital and business applications landscape, it said in a statement.
No financial details were disclosed.
A total of 85 applications will be transitioned, consolidated and optimised by HCL to deliver ongoing support for mission-critical bespoke energy and utilities applications in a flexible "as a service" model, it added.
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Canara HSBC OBC Life launches 'Smart Junior Plan' * Canara HSBC Oriental Bank of Commerce Life Insurance Company today introduced a new plan targeted at covering education expenses of children and providing them protection.
'Smart Junior Plan' aims to meet future needs of a child's education and also to protect, in case of an unfortunate incident like death of the parent, through guaranteed annual payouts.

"Smart Junior Plan is one of the most dominant needs of every young parent. They would like to protect their child education and future growth. There is really no better gift you can give your child, than the promise of a secure future with plans that encompass child insurance plans and education policies.
Vision Zero Conference on occupational safety begins tomorrow
* A three-day international conference on 'Vision Zero' and occupational safety and health will begin in the capital tomorrow.
'Vision Zero' is a philosophy that says nobody should be injured due to an accident.
The conference is being organised by the Directorate General Factory Advice and Labour Institutes (DGFASLI) and German Social Accident Insurance (DGUV) in association with International Social Security Association - Manufacturing, Construction and Mining, the Labour Ministry said in a statement.

The conference will provide a forum for promoting safety and health at work by exchanging knowledge, practices and experience.
According to the statement, the concept of 'Vision Zero' is fast gaining international acceptance and is expected to leverage the efforts of the government to raise the occupational safety and health standards in the country.
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RMC Switchgears lists on BSE SME platform; total reaches 166 * RMC Switchgears got listed on the BSE's small and medium enterprises (SME) platform today, taking the total number of such companies to 166.
Jaipur-based RMC Switchgears came out with an initial public offering of 15.36 lakh equity shares to raise Rs 4.15 crore. The firm completed its public issue on March 3.

With this, the total number of companies listed on BSE's SME platform has reached 166.
Out of these, 24 have migrated to the BSE's main board. The total amount of money raised so far on the BSE SME platform is a little over Rs 1,292 crore and the market capitalisation of companies listed till date is Rs 17,370 crore.
BSE had launched the SME platform in March 2012 to provide opportunity to such firms to raise capital for growth and expansion. It also provides opportunity for investors to identify and invest in good SMEs at an early stage.