NEC Corporation and DMIC Trust has formed a joint venture company to provide logistics visualisation services in India.
"NEC Corporation and the DMIC Trust have established a joint venture company, DMICDC Logistics Data Services Limited, for providing logistics visualisation services in India," a press release said.
The new company will provide shippers and transport operators with logistics visualisation services, enabling them to perform real-time searches based on accurate positional information, showing the location of containers being transported by rail or road between Delhi and Mumbai, the release said.
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SBI Life wins Golden Peacock National Quality Award 2015 * SBI Life Insurance has won the Golden Peacock National Quality Award for the year 2015.
The presentation of the award was held at a ceremony in Dubai (UAE).
Golden Peacock National Quality Award is a coveted and prestigious recognition of significant achievements for SBI Life Insurance, it said.
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Lendingkart appoints Anand Mishra as VP, Product Analytics * Lendingkart Group today said it has appointed Anand Mishra, a tech veteran, in the role of VP-Product Analytics.
In his current undertaking, Mishra would be actively involved in honing the product profile and enhancing the small business financing platform, a company statement said.
Lendingkart, a fin-tech startup has tools based on big data analytics that facilitates lenders to evaluate borrower's credit worthiness.
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Strides Shasun gets nod from Kenya Competition Commission * Drug firm Strides Shasun today said it has received nod from Competition regulator of Kenya for acquiring a controlling stake in Kenya based Universal Corporation.
"The company has received approval from the Competition Commission of Kenya for the proposed acquisition," Strides Shasun said in a BSE filing.
The transaction is expected to close by May 30, 2016, it added.
RIL's LYF airs TV commercial featuring Priyanka Chopra
* RIL's retail arm aired its second TV commercial for smartphone brand LYF featuring bollywood actress Priyanka Chopra demonstrating its new 4G handset Earth 2.
"The new TVC features Priyanka Chopra demonstrating the Smart plus features of the Earth 2 device. The creative concept is aimed at demonstrating how the smartphone fits in the digital life of today's youth and how these features deliver the desired digital experience," Reliance Retail said in a statement today.
The first commercial of LYF features Bollywood actress Kangana Ranaut with cricketers Virat Kohli, MS Dhoni and others.
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Rexel India concludes amalgamation of 2 domestic distributors * Electrical and technical automation distributor Rexel India has concluded the amalgamation process of two domestic distributors of the US-based Rockwell Automation -- Yantra Automation and AD Electronics into itself.
"Rexel India has completed the amalgamation of two distributors of Rockwell Automation namely Yantra Automation and AD Electronics with Rexel India," the company said in a statement today.
The company is a leading technical automation distributor, addressing three main markets including residential, commercial and industrial, with sales exceeding Rs 210 crore.
(REOPENS DCM74)
RCom starts internet plan with free access to Hungama content * Reliance Communications has launched a new 3G mobile internet plan offering 2.5 GB for Rs 235 per month and bundled with free access to movie and music content on Hungama app.
The MoviNet Plan for pre-paid customers starts for Rs 235 per month and gives 2.5 GB of 'Any-Use Data', including 1.25 GB of 'Any-Time Data' access and 1.25 GB of night data, RCom said in a statement.
"Further, subscribers can also enjoy subscription-free unlimited access to a library of 8,000 movies, over 50,000 music videos and 3.5 million sound tracks-valid for 28 days. As soon as a customer recharges with the MoviNet Plan from, he or she receives a web-link through SMS to avail the entertainment content," the statement said.
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Club Mahindra opens resort in Hatgad, Maharashtra * Mahindra Holidays & Resorts India (MHRIL) today announced the launch of its new resort in Hatgad, Maharashtra, which is near Saputara in Gujarat.
"We constantly try to add new and unexplored holiday destinations to create differentiated experiences for our members," MHRIL Managing Director and CEO Kavinder Singh was quoted as saying in a release issued here.
"Saputara, the only hill station of Gujarat, is a great holiday destination for the entire family as it offers diverse attractions including a rich indigenous cultural history, an abundant waterfall, a wildlife sanctuary and various adventure activities," Singh added.
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Intex ropes in Madhuri Dixit as brand ambassador * Intex Technologies has roped in actress Madhuri Dixit as the brand ambassador for its new range of consumer durable products.
She will endorse the new range of washing machines and refrigerators, which are the latest additions to Intex's diverse portfolio of Intex's consumer durable products, the company said in a statement.
The actor has been signed for a period of two years, it added.
During this period, Dixit will be seen in the company's television commercials besides being the face of the company for a series of brand promotions and activations, it said.
