Slice of Italy to add 10 outlets to its network in India

Italian food chain Slice of Italy plans to open 10 outlets in India this fiscal taking its total number to 25 in the country.
"We are looking to add 10 more outlets this fiscal, taking the total count to 25 outlets. We are also planning to launch an...App for customers in the near future for order bookings, safe and secure transactions and quickest deliveries," Slice of Italy MD Tarun Chaudhary said.
The company will open new outlets in Delhi NCR and tier II cities such as Chandigarh, Shimla, Mussoorie, Haridwar, Dehradun, Amritsar and Jaipur.
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Aviva India appoints C Shankar as Chief Ops, IT and CSO * Aviva Life Insurance today said it has appointed C Shankar as the Chief of Operations, IT and Customer Services Officer.

Shankar will be based out of Aviva Life Insurance's head office in Gurgaon, a company statement said.

"I am sure Shankar will contribute significantly towards Aviva India's continuous endeavours of producing positive customer outcomes and in the process, play an important role in building the company's future," Aviva India MD and CEO Trevor Bull said in a statement.
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Samsung India unveils smart range of series * Samsung India today introduced a new smart range of air conditioners and showcased India's first digital inverter compressor in direct cool single door refrigerator series.
The new range of ACs are equipped with multijet plus technology powered by DuraFin to beat the soaring temperature with improved performance and energy savings, Samsung India Electronics Vice President, Consumer Electronics, Rajeev Bhutani told reporters.

ICICI Prudential AMC elevates S Naren as executive director
* Private sector mutual fund house ICICI Prudential AMC has elevated its chief investment officer S Naren to the post of executive director.
ICICI Prudential AMC is the largest asset management company in the country with assets under management of Rs 1,79,403.46 crore as on March 31.
The company's board has approved the appointment of S Naren, as executive director on the board of ICICI Prudential AMC, subject to regulatory and other necessary approvals, a company statement said.
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Pepperfry appoints Neelesh Talathi as CFO * Online furniture market place Pepperfry has appointed Neelesh Talathi as its Chief Financial Officer (CFO).

In this role, Talathi will lead strategy, financial planning, accounting, legal and corporate affairs for Pepperfry.Com, the company said in a statement today.
Prior to joining Pepperfry, he was the CFO at Vedanta's iron ore division.
Pepperfry Founder and CEO Ambareesh Murty said, "his rich and diverse finance and operating experience will help us leverage scalable best practices as we continue to build a high growth, high margin and highly differentiated business."
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Morepen Labs posts Q4 net profit of Rs 2.76 cr * Morepen Laboratories today reported a standalone net profit of Rs 2.76 crore for the quarter ended march 31, 2016.

The company had posted a net loss of Rs 3.71 crore in the corresponding period of the previous fiscal, Morepen Laboratories said in a filing to BSE.
Standalone total income from operations of the company stood at Rs 123.59 crore for the quarter under review as against Rs 85.25 crore for the year ago period.
For the fiscal ended March 31, 2016 the company posted a net profit of Rs 15.77 crore. It stood at Rs 58.23 lakh in the same period year ago.
Repco Home Finance Jan-Mar qtr net rises 21% at Rs 42 cr
* Repco Home Finance today said its standalone net profit rose by 21.3 per cent to Rs 42.22 crore for last quarter ended March 2016.

Company's net profit stood at Rs 34.81 crore in the corresponding period of 2014-15.
Total income during the last quarter of 2015-16 increased to Rs 240.29 crore as against Rs 191.39 crore in the previous fiscal, it said in a regulatory filing.
For the entire fiscal 2015-16, Repco Home's net profit increased by 22 per cent to Rs 150.08 crore from Rs 123.08 crore in the previous fiscal.
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Rays Power Infra commissions 11.5 mw solar proj in Telangana * Solar Energy firm Rays Power Infra Pvt Ltd has announced the commissioning of 11.5 mw solar PV project in Telangana.

"The 11.5 mw project's execution work had commenced in January this year and was commissioned in 3 months," the company said in a statement today.
Undertaken by Rays Power Infra on turnkey basis, the project was meticulously executed from land acquisition till its successful commissioning.
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Textiles Min, NDTV Ethnic Retail ink pact to promote handloom * Textiles Ministry today signed an agreement with NDTV Ethnic Retail to foster adoption of handloom products among youth to enable cooperation for marketing linkages and incubation facilities.
The initiative will promote premium handloom products to make them fashionable for younger generation and connect fashion designers with handloom in an institutionalised manner.

"NDTV Ethnic Retail will provide marketing support whereas we will provide incubation facilities," Development Commissioner (Handlooms) Alok Kumar told