Power equipment and pipe maker Skipper today announced its debut in Southern India by setting up its new manufacturing plant in Hyderabad.
Spread over nearly 2.25 acres, the plant will have a manufacturing capacity to produce 6,000 million tonnes per annum (MTPA) of both plumbing and agriculture pipes.
"At Skipper Ltd, we are constantly in pursuit of innovation and have dedicated our resources to expand our cutting-edge products and value added propositions to the rest of the country," Skipper Ltd Director Devesh Bansal said.
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Evolusolve Tech launches zero-commission wealth management app * Evolusolve Technologies, fintech start-up, today announced the launch of zero-commission wealth management application, a move which will help large number of investors.
'Wealth Management App' will help investors in managing their wealth and provides an option to invest in 'Direct Plans' of over 6,000 mutual fund schemes of 25 different fund houses at zero commission, the company said in a statement.
Investors with an existing mutual fund portfolio can switch to zero commission in a few seconds, without any paperwork, through WealthTrust App. The App removes the hassles of filling up multiple forms and slips for account opening and transactions.
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Reliance Nippon Life launches money back plan * Reliance Nippon Life Insurance today launched an insurance plan with a guaranteed income at regular interval.
Increasing Money Back Plan is a non-linked, non-participating life insurance plan that provides periodic, guaranteed and incremental money back payouts along with a life cover for the entire policy term.
The increasing guaranteed pay out provides the additional support to match the increasing expenses and to fulfil the goals for the family, the company said in a statement.
ProHealth Asia launches physiotherapy, rehab centre in delhi
* ProHealth Asia launched its specialised high-end ProHealth Asia Physiotherapy and Rehab center in New Delhi today.
Spread over 4200 sq ft, the new facility is modeled on ProHealth Asia's clinics in Hong Kong for over two decades. ProHealth Asia provides high-end, modern and well-appointed clinics for patients to relax in a private environment to evaluate and assess symptoms prior to treatment.
ProHealth Asia Physiotherapy and Rehab Centre in New Delhi, specialises in problems like chronic neck and back pain, sports injuries and a wide range of condition from post-surgery rehabilitation, postural workstation ergonomics and women's healthcare.
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AlphaGrep Holding HK divests 40% in 3 subsidiaries * Coffee Day Enterprises today said its step-down subsidiary AlphaGrep Holding HK has divested over 40 per cent stake in its three subsidiaries, of which nearly 30 per cent has been bought by Fenix Ventures pte Ltd.
The subsidiaries are Lighthouse Financial Technologies and its another subsidiary Lighthouse Financial HK Ltd alongwith Lighthouse Financial trading.
"The step-down subsidiary of the company AlphaGrep Holding HK Ltd has divested 4,050 (40.5%) shares in its subsidiary namely Lighthouse Financial Technologies Ltd (formerly known as AlphaGrep Technologies Ltd (AG TECH) and its subsidiaries Lighthouse Financial HK Ltd (formerly known as Alpha Grep HK Ltd (AG HK)] and Lighthouse Financial Trading Ltd (formerly known as AlphaGrep Trading Ltd (AG TL)] wef February 21, 2017," the company said in a regulatory filing.
