State-run NHPC today said its 120 MW Sewa-ll Power Station in Jammu and Kashmir has been completely shut down for about 20 days due to annual maintenance of machines.
"Sewa-ll Power Station (120 MW) in Jammu & Kashmir has been completely shut down for attending annual maintenance of machines/MIVs for about 20 days w.E.F. December 7, 2015," the company said in a filing to the BSE.
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Wartsila to supply 40 MW smart power generation plant to KSEBL * Power solutions provider Wartsila will supply a 40 MW smart power generation plant to Kerala State Electricity Board Limited (KSEBL).
The LNG-fired plant will be located near Kochi and will provide much-needed peaking power to Kerala, the company said in a press release.
According to the statement, the contract was awarded in June, and the power station, delivered on a turn-key basis, is expected to be commissioned by April 2017.
This is the first dedicated peaking power station ordered by a state utility, it added.
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ErosNow launches gaming app 'Blazing Bajirao The Game' * As part of its digital marketing initiative to promote upcoming Bollywood film "Bajirao Mastani", online entertainment platform ErosNow today said it has launched 'Blazing Bajirao The Game'.
The game will be available on December 10 for downloading on the Apple App and Google Play stores, the company said in a statement.
"ErosNow has been pushing boundaries with unique digital initiatives for the promotion of 'Bajirao Mastani'. After the success of India's first graphic web series, Blazing Bajirao, the game was a natural progression to take digital promotions to the next level," Eros Digital CEO Rishika Lulla Singh said.
BEML appoints two independent directors
* State-run BEML today announced the appointment of its two independent directors.
"Pursuant to Article 97 of the Articles of Association of the company, the President of India has appointed the following independent directors on the board of the company M G Raghuveer and B P Rao," BEML said in a regulatory filing.
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GSFC to launch roadshows with Akshaye Khanna for 'Gujcon' * Gujarat State Fertilisation Company (GSFC) is launching its branding campaign for "Gujcon" product of reinforced fibres that are used in construction and infrastructure industries, with Bollywood actor Akshaye Khanna as its brand ambassador.
Under the campaign, Khanna will participate in roadshows to be held in Mumbai, Delhi, Kolkata, Hyderabad, Pune and Bengaluru within next 15 days, said Sudeep Kumar Nanda, chairman and MD, GSFC.
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Magic Sewa launches taxi service in Delhi * Magic Sewa, a taxi startup, today launched CNG-powered all-sedan fleet of city taxis in Delhi.
Founded by Rakesh Agarwal, a social activist and entrepreneur, and backed by a team of experts from varied walks of life, Magic Sewa aims at redefining mobility by offering a quality driven, secure, convenient, transparent, and energy efficient cab service in Delhi.
"The launch of Magic Sewa is in line with our research on the need of a safer commuting service in good quality cabs driven by efficient drivers, followed by transparent and affordable pricing," Agarwal said.
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IRB Infrastructure Developers to start toll collection * IRB Infrastructure Developers Ltd today said its arm has been issued a provisional completion certificate by the Competent Authority and has started toll collection from Sunday.
"IRB Ahmedabad Vadodara Super Express Tollway Pvt Ltd (SPV) - wholly-owned subsidiary of the company, has been issued a provisional completion certificate by the competent authority on December 4. Consequently, the SPV has started toll collection on NH-8 arm of this project from December 6 2015," the company said in a statement.
Uttar Pradesh distributes 50 lakh LED bulbs under DELP scheme
* Uttar Pradesh has become the third state having distributed over 50 lakh LED bulbs under the Centre's ambitious DELP scheme, Power Minister Piyush Goyal said.
Under the Domestic Efficient Lighting Programme (DELP), 3.56 crore LED bulbs have been distributed by state-run Energy Efficiency Services Limited (EESL).
According to the DELP portal, Andhra Pradesh has distributed 1.19 crore LED bulbs followed by Maharashtra where 52.87 lakh such light have been provided to consumers.
Prime Minister Narendra Modi launched the DELP scheme in January, which would be executed across 100 cities. Through this scheme, residential consumers are provided with high quality LED bulbs given at a concessional rate of Rs 100-105 against the market price of Rs 350-450.
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HeyBiz raises seed fund from ShopClues
* HeyBiz, a real time shopping assistant app, today said it has raised seed funding from eCommerce firm ShopClues.
The details of the funding were not disclosed.
The investment will be directed towards enhancing the product further while expanding its market base in cities across India, HeyBiz said in a statement.
Launched in January this year, the HeyBiz app connects customers with local businesses by its sales-marketing-support (SMS) mobile platform.
"We intend to expand into newer geographies like Chandigarh, Amritsar, Ludhiana, Lucknow and Jaipur," HeyBiz founder and CEO Bhartesh Chhibbar said.
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Technology centre to be set up at Kanpur * Ministries of MSME, Textiles and the National Textile Corporation (NTC)today signed a tripartite agreement to set up a Technology Centre at Kanpur.
According to the pact, Ministry of MSME will fund the project, while NTC would provide the land in a closed, unviable mill.
(Reopens DCM102)
Medidaili raises $100K in angel funding
* Medidaili, a specialised medical support service platform, today said it has raised an angel round of funding of USD 100,000 (about Rs 6.73 lakh) from a consortium of private investors.
Established in November 2015 by Akshay Hartalkar and Manish Dashputre, Medidaili provides medical support services including diagnostics, healthcare packages and emergency services. It allows users to search tests, check lab accreditation, filter results and compare prices.
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* Venture Catalysts invests in vPhrase Analytics
Venture Catalysts (VCats) today said it has invested in vPhrase Analytics Solutions, an artificial intelligence platform.
The seed investment, whose details were not disclosed, was led by Apoorv Ranjan Sharma and Daud Ali from Venture Catalysts as well as other angels from the VCats networks.
In addition, Anil Chokhani from the Canada-based Zone Startups also co-invested in the seed funding round. Zone Startups Founder Matt Saunders will join vPhrase as an Angel observer.
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* Kaspersky Lab Appoints Maxim Mitrokhin as MD Asia Pacific
Security solutions firm Kaspersky Lab today said it has appointed Maxim Mitrokhin as the Managing Director of its Asia Pacific operations.
Based in Singapore, Mitrokhin will spearhead the company's growth strategy in the region.He had joined the company in 2008 as the Director of Operations in APAC.
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* Aeris appoints Rishi Bhatnagar as President India operations
Aeris, an Internet of Things (IoT) and M2M technology firm, announced today its expansion into India and said it has appointed Rishi Bhatnagar as the country President Operations, effective February 2016.
He will also oversee operations in Africa, the Middle East and Asia Pacific for the company.
Before joining Aeris, Bhatnagar was the Global Head of Digital Enterprise Services at Tech Mahindra.
Stan C introduces new solution for employees using tablet
* British lender Standard Chartered today introduced a solution under which its employees can do account opening, loan approvals and credit card issuance using only tablet.
The 'retail workbench' has been introduced in the country, along with five other countries where it operates, the bank said in a statement.
"As we build the digital retail bank of the future, we're getting rid of paper and improving cost efficiency along the way...Banking should be easy and convenient. That's what the Retail Workbench is all about," its chief executive for retail banking Karen Fawcett said.
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RBL bank launches saving account product for women * Small-sized private sector lender RBL today launched a savings account product exclusively for women, promising benefits like free cash withdrawals at any ATM across the country.
Account holders will get a gift voucher of Rs 2,500, health benefits, discounted medical concierge services, offers and discounts on shopping transactions, zero balance account for kids and discounted price for lockers, it said in a statement.
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IGBC gives platinum rating to 'Bombay House' * Tata Group's global headquarters 'Bombay House' has received a platinum rating from the Indian Green Building Council (IGBC) under their existing building rating system.
"Bombay House is the first and only heritage building in India to be awarded this rating system," the salt-to-software group said in a statement.
Built in 1923, Bombay House was designed by the British architect George Wittet, who also designed the Gateway of India, Chhatrapati Shivaji Maharaj Vastu Sangrahalaya and the Institute of Science.
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DSP BlackRock launches new equity fund
* DSP BlackRock Investment Managers today said it has launched an open-ended equity scheme that intends to generate long-term capital appreciation for investors.
The scheme, Equity Savings Fund, a combination of equity, arbitrage and fixed income securities, will be initially available for subscription during its new fund offer period - March 8 to March 22, the company said.
