More ties up with Paytm to offer wallet services to customers

Aditya Birla Group's food and grocery retail arm More has tied up with Paytm to offer mobile wallet services to customers shopping at its stores.
The tie-up will be active across 137 cities where More stores are present.
"Our customers can shop with ease and convenience through the use of their Paytm Wallets and also earn attractive discounts and cash-backs at our stores across the country," Aditya Birla Retail Limited CEO Vishak Kumar said.
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Infosys Science Foundation, AIF launch mobile Science Labs * Infosys Science Foundation (ISF) in partnership with Agastya International Foundation (AIF) today announced the inauguration of 'Mobile Science Labs'.

The labs are designed to spur curiosity and creativity among students and make learning an interactive experience, ISF said in a release.

They will carry science models to schools across districts in Karnataka and allow children to have a hands-on learning experience, while beholding the mystical experience of science as it unfolds, it added.
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Asian Paints' Mauritius arm transfer holding in SCIB Chemical * Asian Paints, which is consolidating business of its overseas subsidiaries said that its Mauritius arm has transferred its entire holding in Egypt-based SCIB Chemical to Berger International Private Limited, Singapore.
"Asian Paints (international) Ltd, Mauritius, a wholly owned subsidiary of the company has transferred its entire holding of 60 per cent held in the subsidiary Company, SCIB Chemical SAE, Egypt, to Berger International Private Limited, Singapore, a wholly owned subsidiary of APIL," Asian Paints informed BSE.

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'Widened spreads over G-Sec likely to raise borrowing costs' * Investors are demanding higher yields on state loans, thus widened spreads over the government security (G-Sec) is likely to raise borrowing costs even in the corporate debt market, India Ratings and Research (Ind-Ra) today said.
21 States today raised Rs 214.4billion, the highest they have ever raised in a single issue, while spreads compared to the 10 year G-sec widened due to heavy supply, the rating agency said.
(REOPENS DCM 94)
Microland wins deals worth Rs 100 cr in FY16 * Microland, a hybrid IT infrastructure services provider, has secured deals across multiple sectors in India worth over Rs 100 crore in value.

Further strengthening its India presence, Microland had also recently inaugurated a new facility in Baghmane Tech Park, Bengaluru.
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Drone startup Aarav gets funding from StartupXseed, others * IIT Kanpur-based unmanned aerial vehicles (UAVs) start-up, Aarav Unmanned Systems (AUS) has raised an undisclosed amount in a fresh round of funding.
The capital was raised from StartupXseed Ventures, 3ONE4 Capital (a family fund of Mohandas Pai), The Phoenix Fund and HNIs including, Ashok Atluri and Sanjay Jesrani, the company said.
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KOOVS.COM appoints Gaurav Nabh as Marketing Director * Koovs PLC, the London-listed parent of Indian lifestyle e-commerce venture KOOVS, has appointed Gaurav Nabh as Marketing Director for KOOVS.COM.

He will be based in India and operate out of the KOOVS' headquarters in Gurgaon, a statement said.
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Hertz Equipment partners Cognizant
* IT services firm Cognizant today said it has been selected by Hertz Equipment Rental Corporation (HERC) to digitally transform the latter's business.
Lodestar UM bags media duties of music label Saregama
* Media agency Lodestar UM has bagged the media duties of music label Saregama.
The company owns one of the largest music archives in India and has now expanded into other areas of entertainment like publishing, television software and digital content.
"We want the users to experience our content in a manner which is disruptive and at the same time, accessible.

"Whether it is our latest offering, Saregama Music Cards or our highly engaging music apps - Saregama Shakti and Saregama Classical, we don't want to leave any corners unturned and for that we wanted to partner with an agency like Lodestar UM who understands our needs," Saregama MD Vikram Mehra said in a statement today.
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Times Now partners Sky Media to manage ad sales * News channel Times Now, which was launched in the UK market in November last year, has brought on board Sky Media to strengthen its ad sales in the market.
"Sky Media, the largest media sales agency in the UK, will be Times Now's exclusive ad sales partner for all mainstream sales in the region. The agency will be mandated to handle the airtime as well as sponsorship sales for the channel in the UK," Times Now said in a statement.

The channel recently took Tarun Sawhney on board as the country sales manager based in London to manage all the channel sales and marketing in UK and for all Times Network channels in India for clients in the region.
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VFS Global appoints Peter Brun as Chief Communications Officer * Visa processing services provider firm VFS Global has appointed Peter Brun as the company's Chief Communications Officer effective from July 1, 2016.
In the role Brun will be responsible for corporate communications, marketing and branding, and corporate social responsibility of the company, VFS Global said in a statement.
VFS Global Group CEO Zubin Karkaria said: "As we are look at further developing and expanding our business, we are pleased to have Peter onboard at VFS Global strengthening our management team."

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Emami ropes in Shilpa Shetty to endorse Navratna Oil * FMCG firm Emami Ltd has roped in Bollywood actor Shilpa Shetty to endorse the new variant of Navratna oil - Navratna Almond Cool.
"Bollywood actress Shilpa Shetty has been roped in to endorse the new variant, who joins the Navratna Cool Oil endorsers' club as a female celebrity after almost a decade," Emami said in a statement.
Tata Teleservices rolls out new maternity leave policy
* Tata Teleservices today said it has rolled out new 6+6 maternity leave policy effective April 1, 2016.
The policy entitles all new mothers to get six months of paid maternity leave, followed by six months of flexible working hours on half day half pay basis.

"The move is intended at promoting diversity and ensuring an enhanced healthy and productive work environment," the company said in a statement.
It has also introduced a comprehensive Mediclaim Policy that now includes cover for infertility treatment (IVF) amongst other benefits.
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SAARC Development Fund, ADB ink pact for co-financing projects * SAARC Development Fund and ADB have signed a pact for co-financing of projects, regional connectivity and development of the SAARC region.
"Asian Development Bank (ADB) and SAARC Development Fund (SDF) have signed an MoU and agreed to collaborate for the development of the SAARC region through co-financing of projects and programmes focusing on regional connectivity /integration and economic cooperation among the SAARC member states", SDF said in a statement.

They have also agreed to provide technical assistance and investments for co-financing on the three windows of SDF, Micro Small Medium Enterprises (MSME) Program, Social Enterprise Development Programme and any other new areas which can be covered under the pact.
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Nyaya Bharti facilitates release of 8 undertrials in Delhi-NCR * Nyaya Bharti, a Bharti Enterprises initiative to provide legal assistance to underprivileged undertrials across the country, today said it has facilitated release of eight deserving undertrials on bail from jails in Delhi-NCR.
As part of its commitment, the lawyers from Nyaya Bharti have provided legal aid, filed bail applications and also represented the undertrials in various Delhi courts.
The initiative is funded by Bharti Airtel with an annual grant of Rs 10 crore on an ongoing basis and a voluntary contribution of Rs 5 crore from Sunil Bharti Mittal, Chairman, Bharti Enterprises.
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Snapdeal unveils next generation of its advertising platform * Online marketplace Snapdeal today said it has unveiled the next generation version of its advertising platform, Snapdeal Ads.
Entirely developed in-house, the ads platform will assist sellers to improve their brand visibility, help measure results instantly and drive online business, with the help of advanced advertising tools.
IG Petrochemicals Q4 net down 3pc at Rs 11.98 cr
* IG Petrochemicals Ltd today reported a 2.83 per cent decline in standalone net profit at Rs 11.98 crore for the quarter ended March 31.
The company had posted a net profit of Rs 12.33 crore during the same period of the previous fiscal.
Net sales of the company fell by 23.03 per cent to Rs 213.37 crore in the fourth quarter, compared with Rs 277.23 crore in the same period last year, IG Petrochemicals said in a BSE filing.
Its net sales during fiscal 2015-16 was Rs 947.6 crore compared with Rs 1,185.37 crore a year ago.
Shares of IG Petrochemicals closed 3.77 per cent higher at Rs 143.30 apiece on BSE.
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Faircent.Com, eMudhra launch e-Sign for speedy online loan * P2P lender Faircent.Com has launched e-Sign facility in partnership with eMudhra to allow seamless and paperless loan agreement between the borrowers and lenders online.
E-Sign is part of the India stack conceptualised by the current government under the digital India initiative.
"It will also help Faircent in enhancing its operational efficiency by reducing human intervention, resulting in lesser turnaround time thereby faster loan disbursal", Faircent.Com said.
The e-Sign facility is only available for borrowers holding an Aadhaar card with access to the mobile registered with the Aadhaar card.
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IIMB gets 47th rank in Financial Times Education ranking * Indian Institute of ManagementBangalore (IIMB) has got 47th position in theoverall Financial Times Executive Education 2016 Ranking, moving one spot up from last year.
IIMB said it is the only Indian management school to be featured in the 2016 Financial Times Executive EducationTop 50 Rankings announced today.
It is ranked alongside prestigious universities like London Business School, IESE, IMD, Harvard Business School, University of Oxford, among others, the Institute said in a release.