The store has been designed to allow customers a first hand opportunity to experience the French Art de Vivre, or Way of Life, a company statement said.
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Girnar Soft invests USD 1 mn in CollegeDekho * Girnar Soft, the parent company of online automobile marketplace CarDekho.Com, has invested USD 1 million in education start-up, CollegeDekho.
CollegeDekho facilitates interaction between students and colleges. It offers authentic and unbiased information to help students evaluate and select careers.
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Also Read
Butterfly raises angel funding
* Butterfly, an online marketplace for extra curricular activities and hobby sciences, today said it has raised angel funding from a group of Delhi-based investors.
Aircel announces data packs starting at Rs 9
* Aircel today announced a range of data packs ranging from Rs 9 to Rs 403 for its customers.
"Aircel's industry-first offers of unlimited 2G/3G data packs of Rs 9, Rs 79, Rs 249 and Rs 403 are intended to redefine the way mobile internet is consumed in India.
"With an USSD (unrestructured supplementary service data) recharge of Rs 9 per day, subscribers can enjoy 100 MB of data for the purpose of basic Internet," National Head - Data, Aircel Sunil Kuttam said.
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The plan is available exclusively online and is targeted at individuals seeking simple and guaranteed insurance solutions, FGILI said in a release.
It provides a steady return over the medium term while minimising risk, and is the only tool in the market that covers the liabilities and provides money for a longer term to take care of the family's monthly expenses.
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Shemaroo partners Videocon d2h for 'd2h Darshan' * Shemaroo Entertainment has partnered direct-to-home operator Videocon d2h to launch 'd2h Darshan' - a 24 hr ad-free devotional service.
D2h Darshan will offer content like temple tourism, jaaps, mantras, kathas, popular bhajans, holy books to Videocon d2h's subscribers, the company said in a statement.
The services would be available to consumers from tomorrow, for Rs 30 per month.
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Rinac awarded order to set up "Coolport" at B'luru airport * Rinac India Limited, a cold chain turnkey solution provider has been awarded the work of setting up "Coolport" - a perishable cargo handling facility valued at Rs 217.5 million at Kempegowda International airport.
Maruti launches Celerio with added safety features
*Country's largest car maker Maruti Suzuki India (MSI) has introduced dual airbags and anti-lock braking system (ABS) as an option across all variants of its premium hatchback Celerio.
The vehicle is priced between Rs 4.16 lakh and Rs 5.21 lakh (ex-showroom Delhi).
"Through Celerio we have always tried to offer the best to customers. By offering safety features like airbags for driver and co-driver, and ABS from the base variant onwards in Celerio, we are making it more attractive for customers", MSI Executive Director, Marketing & Sales, R S Kalsi today said in a statement.
NSDC, Ador Welding Academy join hands to train 14,000 people
*National Skill Development Corporation (NSDC) has joined hands with Ador Welding Academy to train over 14,000 people in welding related works.
"Today a number of project contractors have imported welding and cutting operators from China, Russia and East European Countries...This is an important partnership which will extend great opportunities to the youth in the welding sector", NSDC CEO Jayant Krishna said in a statement.
He said that the corporation wants more and more private companies to extend their infrastructure and training support for skill development without any financial support.
ORB Energy reports Rs 4.69 cr loss in first half of FY16
*Solar panel maker ORB Energy Pvt Ltd today reported a net loss of Rs 4.69 crore for the half year ended on September 30.
"The company's standalone net loss during the first half of this fiscal ended September 30, 2015 is Rs 4.69 crore compared to Rs 4.06 crore loss in the same period a year ago", ORB Energy said in BSE filing.
According to the statement, the company's income from operation increased to Rs 21.73 crore in the April-September period from Rs 21.17 crore in the same period a year ago.
* Wearable device maker Mio Global today announced its entry into India with launch of its fitness gadgets through an exclusive partnership with Amazon India.
"India holds huge potential for Mio Global, as the country is moving towards a more health-conscious and fitness-focused society as a whole," Mio Global CEO Liz Dickinson said in a statement.
The company launched The Mio FUSE Heart Rate Plus Activity Tracker in smartwatch form and the Mio ALPHA 2 Heart Rate Sport Watch on Amazon.In at prices starting Rs 6,599.
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Vodafone adds 8 mobile network sites around AIIMS * Vodafone India today said that it has installed additional network sites at the All India Institute of Medical Sciences (AIIMS) to enable patients and visitors communicate without any hassle.
AIIMS receives about 9,000-10,000 patients per day from all across the country and with a minimum of two attendants per patient, the number goes up to 30,000 visitors on a daily basis.
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Inshorts launch Hindi app, hires 100 content writers * Mobile news application Inshorts, that offers latest news stories summarised in 60 words, today said that it has target to reach 8 million downloads by April 2016 and plans to hire 100 writers for hindi version of its application by March.
BoB bags 4 prizes in All India RBI Rajbhasha Shield Comp
* Bank of Baroda bagged prizes in four categories under All India RBI Rajbhasha Shield Competition for 2014-15.
The competition was organised by the Reserve Bank for public sector banks/financial institutions.
The Bank has been awarded second prize under linguistic region A&B and consolation prize under C region, the bank said.
In addition, BoB has also received award under bilingual house journal category for its house journal Bobmaitri, it added.
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Alankit Group plans to convert accounts to Atal Pension Yojana * E-governance service provider Alankit Group plans to convert one lakh accounts opened by it under Swavalamban scheme to Atal Pension Yojana (APY) by the end of the current fiscal.
The Swavalamban scheme was replaced by APY, launched by the Central government in June last year.
"We have plans to convert 1 lakh out of 5 lakh accounts opened by the company so far under Swavalamban scheme to Atal Pension Yojana by the fiscal-end," Alankit MD Ankit Agarwal said.
The company reported a jump in net income to Rs 3.52 crore in the financial year ended March 31 from Rs 0.37 crore in the previous fiscal. The company has declared a dividend of 20 per cent for the reporting year.
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State Bank of Mysore appoints N K Chari as MD * N K Chari today assumed charge as Managing Director of State Bank of Mysore (SBM) in Bengaluru. He succeeded Sharad Sharma, who has retired.
Max Financial reports Net loss of Rs 24 cr in Q4
* Max Financial Services (MFSL) today reported widening of its standalone net loss to Rs 23.83 crore during fourth quarter of the fiscal ended March 2016.
The company had reported a net loss of Rs 8.25 crore during the corresponding quarter in the preceding fiscal.
The company said the results are not comparable with preceding periods as they include results of demerged undertakings.
Total income (standalone) has decreased to Rs 13.10 crore for the quarter ended March 2016 from Rs 39.91 crore in the same period of the preceding financial year, it said in a regulatory filing.
For the full fiscal 2015-16, company reported a standalone net profit at Rs 115.20 crore, down 70.5 per cent from Rs 390.94 crore in the preceding fiscal.
"Total income has decreased to Rs 201.22 crore for the year from Rs 584.66 crore for the year ended March 31, 2015", it said.
Also, the board of the company at the meeting held today recommended a final dividend of 90 per cent or Rs 1.80 for 2015-16, in addition to an interim dividend of same quantum in November 2015.
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Nandan Denim posts Q4 net profit at Rs 16.56 crore * Denim fabric maker Nandan Denim today reported an increase of 8.16 per cent in standalone net profit at Rs 16.56 crore for the fourth quarter ended on March 31, 2016.
The company has reported a net profit Rs 15.31 crore in the January-March quarter a year-ago.
Its total income from operations was up 5.75 per cent to Rs 294.31 crore during the period under review as against Rs 278.30 crore of the corresponding quarter of the previous fiscal.
The Board of Directors has declared 16 per cent interim dividend for the year 2015-16.
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Lux Industries posts Q4 Net profit at Rs 15 cr * Textile firm Lux Industries today reported an increase of 26.57 per cent in standalone net profit at Rs 15.43 crore for the fourth quarter ended March.
The company reported a net profit Rs 12.19 crore in the January-March quarter a year-ago.
However, its total income from operations was down 6.64 per cent to to Rs 273.48 crore during the period under review as against Rs 292.95 crore in the corresponding quarter of the previous fiscal.