Business Standard

Kansai Nerolac Paints ties up with Gujarat Lions for IPL

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Press Trust of India Mumbai
Kansai Nerolac Paints has signed up with IPL franchise Gujarat Lions as associate sponsor.

Suresh Raina-led Gujarat Lions is one of the two debutant teams this IPL season which will begin on April 9.

The association between Kansai Nerolac and Gujarat Lions follows some aggressive advertising by the brand during the recently concluded ICC World T20.

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Shuttl to expand bus service in metros within a year * Bus aggregator platform Shuttl today said it will expand its service to metro cities within a year.

"Shuttl is looking to expand to other metro cities in next 12 months," said Amit Singh, Co-founder and CEO, Shuttl.
 

The company provides bus shuttl service in Delhi-NCR by aggregating fleet of about 500 buses.
Paisabazaar ties up with 3 banks for savings a/c services

* Online financial marketplace Paisabazaar.Com today said it has tied-up with three private sector lenders to offer savings account services to retail customers.

"Online financial marketplace Paisabazaar.Com has expanded its business portfolio by entering into strategic partnership with Yes Bank, Kotak Mahindra Bank and IndusInd Bank for offering savings account services to retail customers," a company statement said.

Citing industry estimates, it said only 40 per cent of India's population have access to savings account.

However, this segment has been witnessing steady growth over the past few years and trend is expected to move upwards with the increase in penetration of Internet and mobile services in India, Paisabazaar.Com said.

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Haryana constitutes DLCC to boost investment * The Government of Haryana has constituted a District Level Clearance Committee (DLCC) under the chairmanship of Deputy Commission with a view to facilitate prospective investors in Haryana, Chief Minister Manohar Lal said today.

This will help in providing speedy clearances to projects with investment of up to Rs 10 crore or involving Change of Land Use (CLU) requirement of up to 1 acre.

Manohar Lal was deliberating in the state level Stake Holders sensitisation workshop on 'new initiatives ease of doing business in Haryana' organized in Gurgaon today.

He said the dates of DLCC should be put on website of the district and also publicised in newspapers.

The minister emphasised on speedy grievances redressal and said that e-Biz portal has been launched for online business clearances.

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Wheat arrival in Haryana mandis touches 66.59 lakh tonnes * The arrival of wheat in the grain markets of Haryana during the procurement season has touched an all time high of 66.59 lakh tonnes.

Around 63.77 lakh tonnes had arrived in the mandis of the state during the corresponding period last year, a spokesperson of the Food and Supplies Department said here today.

The official said, of the total arrival, more than 66.58 lakh tonnes have been procured by the government agencies at Minimum Support Price.

He also said district Sirsa was leading in wheat arrival with more than 10.27 lakh tonnes arrived so far.

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Kalyan Jewellers sees 15-20% sales growth on Akshaya Tritiya * Kalyan Jewellers which will exhibit an exquisite collection of gold jewellery on Akshaya Tritiya expects 15-20 per cent rise in its sales growth on the auspicious day.

The company said it will exhibit a specially curated selection of exquisite jewellery on Akshaya Tritiya which falls on May 9 this year.

"We expect people to come in large numbers and expect sales growth at 15-20 per cent compared to last year and further believe Akshaya Tritiya will trigger momentum for jewellery sales for rest of the year", Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers said.
Western Union launches '30 Days of Betters' campaign

* Global payments services player Western Union Company has launched '30 Days of Betters' campaign offering its receivers a chance to win up to Rs 1 lakh every day during the 30 days of Ramadan this year.

"Money transfer recipients in selected locations in India will get a chance to contribute the amount they win towards the betterment of society or oneself during the 30 days of Ramadan," it said in a statement.

The programme is named '30 Days of Betters' campaign. It has been launched simultaneously in the United Arab Emirates, Kingdom of Saudi Arabia, Qatar, Kuwait, Indonesia and India, and will run until Eid Al Fitr in early July, it said.

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Samsung opens first premium experience zone in Mumbai * Samsung India today opened its first premium experience 'Samsung Galaxy Zone' at electronic retailer Croma's flagship store in Mumbai to take advantage of the growth momentum in smartphone sales in the country.

The move is aimed at enhancing the product experience for consumers as part of an overall retail innovation plan being rolled out across India.

"'Samsung Galaxy Zone' is an innovative way of elevating their consumer's shopping experience," Samsung India Senior Vice President, Mobile and IT Ken Kang said.

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PayUmoney launches first paperless SIM based POS terminal * Digital payment firm PayUmoney today launched a paperless sim based point-of-sales (POS) terminal for Rs 7,000 a unit.

"With no monthly rental, no minimum balance, and the option to link any bank account, the PayUmoney POS terminal, costing a mere Rs 7,000, as opposed to Rs 15,000-25,000 charged by traditional channels, accepting all credit and debit cards, seeks to convert the retail experience," PayU said in a statement.

The POS terminal can be operated using a pre-paid or post-paid SIM and does away with the use of paper receipts.

"We decided to do away with paper transaction slips. A transaction acknowledgement will be sent to the buyer's mobile with a link that opens up a soft copy of an e-slip. The merchant gets an email copy of the same, every time a transaction takes place," PayUmoney CEO and Co-founder,Nitin Gupta said.

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First Published: Apr 08 2016 | 10:57 PM IST

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