IndiaFirst Life Insurance today announced a partnership with Nainital Bank for distribution of its products.
"This tie-up will help us provide life insurance solutions to the customers of the bank and enhance our distribution footprint in northern India," IndiaFirst Life Insurance's Director (Sales and Marketing), Rushabh Gandhi said in a statement.
IndiaFirst Life Insurance is a joint venture between Bank of Baroda, Andhra Bank and Legal and General (UK).
"With IndiaFirst's rich product portfolio and proven track record in implementing a cutting edge bancassurance model, we will be able to offer comprehensive financial solutions to our customers," The Nainital Bank Chairman and CEO Mukesh Sharma said.
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Western Union appoints Sohini Rajola as regional VP * Payment services company Western Union today appointed Sohini Rajola as regional vice president for the country and South Asia.
Rajola will be responsible for managing and developing the company's business in South Asia covering India, Sri Lanka, Nepal, Bangladesh, Maldives and Bhutan, the company said in a statement.
Prior to this, Rajola was the senior vice president and head (digital banking) at Axis Bank.
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Max Life Insurance launches 'Cancer Insurance Plan' * Max Life Insurance, a joint venture between Max Financial Services and Mitsui Sumitomo Insurance, today announced the launch of 'Cancer Insurance Plan' to provide financial assistance across all stages of cancer.
The plan, which is non-linked non-participating, will also provide the guaranteed income benefit of up to 50 per cent of sum assured, Max Life said in a statement issued here.
"The plan has been designed to provide complete protection to the customer and is amongst the most comprehensive plans available today," Max Life Insurance Executive Vice CMD Rajesh Sud said.
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Ginger Hotels expand footprint, launch hotel in Noida * Ginger Hotels, the budget hotel chain from the house of Tata's, today launched its second hotel in Noida - Ginger Hotel Noida.
"This is an extremely proud moment for us as we launch our second hotel in Noida - a IT hotspot. Ginger is the largest chain of branded budget hotels in India with a resilient promise of safety, cleanliness and seamless Internet connectivity," Ginger Hotels MD and CEO Rahul Pandit said.
Ginger Hotels operate 36 properties across 30 locations pan-India.
ICA Edu Skills invests $ 1,50,000 in Delhi-based 3Dexter
* Vocational training and placement institute ICA Edu Skills has invested USD 150,000 in Delhi-based educational technology company 3Dexter.
3Dexter offers 3D printing solution to schools.
This is the third investment by ICA Edu Skills in the last one year. Earlier this year, it invested in Jaipur-based mobile app solution, Myly and Pune-based Open Door Education.
"If India wants to move up in the comity of nations, we need to improve our educational infrastructure, and technology is its most important component, today. Technological upgradation needs our immediate attention. We are happy to invest in this sector," ICA Edu Skills Founder Chairman Narendra Kumar Shyamsukha said.
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TCS extends partnership with Singapore Marathon * IT services major Tata Consultancy Services (TCS) today said it has extended and expanded its partnership as the Official IT provider to Standard Chartered Marathon, Singapore.
TCS will provide the third-generation of the official race smartphone app and has also grown its corporate presence at the 2016 race, TCS said in a statement.
Since it was first introduced in 2014, successive annual builds of TCS' Standard Chartered Marathon Singapore app have expanded in features and functionality. The 2015 version of the app received over 27,000 downloads.
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Cyient appoints Suman Narayan as SVP & Semiconductor BU Head * Technology firm Cyient today said it has appointed Suman Narayan as its Senior Vice President and Head of Semiconductor Business Unit.
With over two decades of experience, Narayan has served in various leadership roles at ON Semiconductor (previously Fairchild Semiconductor) and Texas Instruments, Cyient said in a statement.
At Cyient, he will be responsible for shaping and leading the company's semiconductor business, while refining, owning and executing a strategic roadmap that will support its growth plans to 2020, it added.
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Abhibus signs Mahesh Babu as brand ambassador * Online bus ticket booking platform, Abhibus.Com today said it has roped in Telugu actor Mahesh Babu as brand ambassador.
Babu will feature in the company's campaigns -- both online and offline -- and will also be a part of various customer engagement activities, it said in a statement.
Founded in the year 2007, Abhibus caters its services to major State Road Transport corporations, which include Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Rajasthan and over 250 private operators.
