The country's largest casino chain Deltin Group today said it opened its first facility at Gangtok, capital of Sikkim, under the brand name of Casino Deltin Denzong.
The casino, at the Denzong Regency hotel situated 6,000-feet above sea level and offering a breathtaking view of the world's third highest peak Mt Kanchenjuga, comes with 169 gaming positions spread across two levels.
Deltin already runs Asia's largest floating casino, Deltin Royale and also the country's first casino flotel, Deltin Caravela in Goa.
Delta Corp got the licence last July from Denzong Regency Hotel to run the run casino at its premises on lease, Ashish Kapadia, managing director of Delta Corp said.
---------------------------------------------- SBI Life launches Smart Bachat, a traditional plan
SBI Life Insurance today announced the launch of Smart Bachat, a traditional, participating, limited premium payment term, endowment plan designed to keep the obligation of paying premium over a long term at bay.
The plan aims to safeguard the future of one's family while enabling one to invest for financial goals, SBI Life said in a release issued here.
"Indians have ingrained value of saving for uncertain times. For such individuals, Smart Bachat is a great option as it provides not only life insurance but also savings and wealth creation at the same time," SBI Life Managing Director and CEO Arijit Basu said.
This plan gives one the freedom to choose premium payment term of 5,7,10 or 15 years based on their convenience and policy term of 10 to 25 years based on ones insurance needs.
----------------------------------------- Quess Corp net jumps 79%
Bengaluru: Quess Corp that offers integrated business services today reported 79 per cent increase in net profit Rs 31 crore on higher margins for the December quarter. Its income rose 13.3 per cent to Rs 1,027 crore.
Its margin improved 107 bps to 5.5 per cent on the back of margin expansion across key segments. Its headcount rose to 1,58,000 from 1,17,000 employees in the corresponding quarter last year, registering growth of 35 per cent.
Meanwhile, Quess chairman Ajit Isaac said the company has appointed Amitabh Jaipuria as president and CEO of its global services business and Balasubramanian S as group CFO.
------------------------------------------- Pressman Advertising net soars 341%
Kolkata: Pressman Advertising, the only publicly traded public relations agency in the country, today reported a massive 341 per cent jump in net profit at Rs 3.5 crore in the December quarter.
Its income from operations rose to Rs 17 crore from Rs 11.7 crore while profit from operations increased fourfold to Rs 3.8 crore from Rs 1.1 crore.
The company's reserves and surplus stood at Rs 19.18 crore with an equity share capital of Rs 4.7 crore.
Pressman, which is engaged in traditional and digital advertising and public relations is a Google partner.
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