mRupee, a subsidiary of Tata Teleservices, has tied up with IRCTC to provide an additional payment gateway.
Indian Railways carries more than 23 million passengers a day and the association will allow users one-tap payments for rail ticket bookings via mRupee wallet for a significant number of travellers, the company said in a statement today.
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Birla Sun Life AMC launches mobile app
* Birla Sun Life Asset Management Company today launched a mobile application 'FinGo' offering users to monitor their investments with Birla Sun Life Mutual Fund.
"Birla Sun Life Mutual Fund FinGo is our way to simplify mutual fund processes with digitisation, to enhance its appeal across a wider set of users, and non-users across geographies.
"The app hosts smart, in-built features such as Quick Transact which allows users to save and repeat their favourite transactions," Birla Sun Life Asset Management Company Chief Executive Officer A Balasubramanian said.
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CSIR-NAL, Tata Advanced Systems ink pact for Mission Computer * CSIR-National Aerospace Laboratories has successfully designed, developed and integrated the Integrated Global bus Avionics Processing System (IGAPS) popularly called Mission Computer.
CSIR-NAL has signed an Memorandum of Understanding (MoU) with Tata Advanced Systems to collaborate on the indigenous Mission computer.
"This collaboration with CSIR-NAL reinforces our continued commitment towards indigenous design, development and manufacturing of key systems and sub-systems for Aerospace and Defence applications, leveraging the technology developed by major Aerospace and Defence Labs in India," Tata Advanced Systems Chairman S Ramadorai said.
Eon Electric wins Rs 40-cr order to install LED streetlights * Eon Electric today said it has bagged a contract worth around Rs 40 crore for installing LED streetlights in Rajasthan.
Under this project, Eon will install over one lakh LED streetlights across various cities in the state, including Jaisalmer, Gangapur, Sri Ganga Nagar, among others.
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Gameloft partners Videocon for mobile gaming * Gameloft, an online game publisher, has partnered with Videocon to offer its games like Asphalt Nitro, Modern Combat 4: Zero Hour, Nova 3: Freedom Edition and Bubble Bash on the latter's smartphones.
Gameloft titles, available on Videocon handsets, will be a mix of full and trial version, the company said in a statement.
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Kstart announces partnership with Google * Kstart, an initiative of venture capital firm Kalaari Capital, today said Google will be technology partner for its seed-stage portfolio companies.
The partnership will provide access to Google's mentorship, extensive global network and products for select Kstart portfolio companies, the company said in a statement.
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Maveric Systems announces key appointments * Software testing company Maveric Systems today announced the appointment of three new Vice-Presidents to strengthen its domain, digital and technology offerings.
While Karthikeyan Malayappan has been appointed as Vice President (Retail Banking), Venkataraghavan Seshadri has been appointed as Vice-President Technology-led services and Kishan Sundar as Vice-President Digital Assurance, as part of its efforts to strengthen its core management team, a company statement said.
Kridhan Infra to buy 42% stake in Singapore firm for Rs 31cr
* Foundation solutions provider Kridhan Infra today said it has entered into an agreement with Singapore-based EPC firm Swee Hong for buying 42 per cent stake in the company for a consideration of Rs 30.92 crore (SGD 8 million).
The company's Singapore subsidiary KH Foges has signed the agreement with Swee Hong, wherein the former will subscribe to 300 million new shares in the Singapore firm and 500 million new warrants to subscribe for additional shares in it, Kridhan said in a statement.
Each warrant entitles the holder to subscribe for one new share in Swee Hong, the foundation engineering firm said.
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Safety remains concern in unorganised sector, says NITI Member * Safety is an area of concern in the unorganised sector, so India can introduce hazard engineering as a subject in education to ensure that safety practices are given priority in workplace, NITI Aayog member V K Saraswat said today.
"Safety in the unorganised sector remains an area of concern and there is a need to bring in cultural change to ensure best safety systems are adopted. Hazard engineering can be introduced as the subject in education to ensure that safety practices are given priority in the workplace and to bring in cultural change", Saraswat said at an event in New Delhi.
He was addressing safety professionals from different sectors at FICCI's Safety Systems Excellence Awards for Manufacturing. Eight units were given awards by Saraswat for their good safety systems.
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Allcargo Logistics to set up park in Haryana * Allcargo Logistics Ltd today announced the setting up of a logistics park in Haryana.
"Allcargo Logistics has in-principle approved setting up of Logistics Park in Jhajjar district of Haryana (Jhajjar Project)," the company said in a filing to BSE.
The Jhajjar project is an integrated logistics infrastructure set up which will comprise of rail linked private freight terminal catering to railways cargo movement, free trade warehousing zone, domestic traffic area and other related activities, it said.
It will also have the facility to handle both in-bound and out-bound contract logistics services, it added.
Hero Cycles launches awareness campaign in Ludhiana
* Leading bicycle maker Hero Cycles has launched an awareness campaign in Ludhiana to promote cycling among city residents and encourage them to take to environmental-friendly two-wheelers as their health and fitness partner.
The campaign was officially unveiled today by Hero Cycles Chairman and MD, Pankaj Munjal at OP Munjal Rakh Bagh in the presence of fitness trainer Vesna Jacob who spoke in depth about the health benefits of cycling in daily life.
"With our cities growing more congested, with lifestyle diseases on the rise and degradation of air quality a major concern, we realise that returning to cycling as a basic transport solution can be a major help in addressing these issues.
