SPIRIT OF MUMBAI

P&G will partner with government and local authorities to support vaccination across the country   National  ; April 26, 2021:  Procter  & Gamble today announced that the company will contribute towards the vaccination of over 5 lakh Indian Citizens by pledging INR 50 crore in partnership with government and local authorities in India. For every P&G employee in India, the company is contributing towards the vaccination of 100 Indians. In addition, the company will also cover the vaccination cost of its 5000+ employee force in India, and their eligible immediate family members.  P&G brands Whisper, Vicks, Pampers, Oral-B, Head & Shoulders and Pantene are partnering in this vaccination drive through their brand programs and will also continue to raise awareness on safety and hygiene in the country.   Madhusudan Gopalan, CEO, P&G Indian Subcontinent  said,  “We recognize the urgent need for health experts, relief organisations...

Aims to vaccinate over 3 crore people within the next few quarters Mumbai, April 26, 2021 : PharmEasy, India’s leading digital healthcare platform has launched the biggest COVID-19 vaccination drive in the country. With this drive, the company aims to vaccinate over 3 crore people via camps and vaccine centres. Individuals, companies, RWAs, Old Age Homes etc. can register for vaccines that will be administered. India has witnessed a record rise in COVID-19 cases due to the second wave, surpassing the worst of last year. Given the current situation, the Government of India has invited the participation of private companies to accelerate vaccination across the country. From 1st May 2021, wherein all legal adults (above the age of 18) will be eligible to get vaccinated against COVID-19. PharmEasy has extended its support in furthering the clarion call of “Teeka Utsav” given by the Hon’ble Prime Minister, Shri Narendra Modi. Leveraging its presence across India, with over 80,000 partne...

~ From feature films to a lot more in store~ One of India’s fastest growing production houses, 10 Films are on their way to become one of India’s leading producers of content. Initially launched as OMG in the year 2007, they have done commendable work in their short yet power-packed journey. Having worked with some of the best teams consisting of international directors and technicians who have international exposure and an eye for content, 10 Films holds great pride in being the name behind some of the biggest TV commercials in the Indian Television Industry. The last few years, and especially 2020 have been an eye-opener for the entertainment industry. It showcased how the consumer’s insatiable appetite remained unfulfilled by the traditional entertainment screens, until the advent of OTT segments. And in keeping with this emerging trend, 10 Films released their first ever feature film marking their arrival in the OTT space with a film called Tiki Taka in 2020 – which is now streamin...

The move is to boost financial inclusion in the country and increase AEPS reach. Cash out business (AEPS and Micro ATM) has grown by 30% in transactions value in April 2021 over March 2021.   Delhi/Mumbai, 2 6 th   April 2021 :  To facilitate the government’s agenda of financial inclusion growth in India, especially rural areas, RapiPay, one of the leading assisted payments Fintech company announces free AEPS (Aadhaar Payment Enabled System) services  for merchants and retailers. This initiative will benefit millions of Indian consumers who will be able to withdraw cash from their neighborhood RapiPay agent outlet. The free AEPS activation will encourage more and more retailers to start providing AEPS services to serve customers and grow their business. RapiPay targets to activate over 1 lakh new AEPS ids to its agents with this move which means 1 Lakh more ATM machines for the people.   For the past one year, this pandemic has resulted in economic disruption af...

On schedule to cover 50 degrees latitude and above by June 2021, with service ready to start by the end of the year Mumbai, 26 April 2021:  Bharti group backed  OneWeb, the Low Earth Orbit (LEO) satellite communications company, today confirmed the successful launch of another batch of 36 satellites by Arianespace from the Vostochny Cosmodrome. Watch the liftoff -  https://www.youtube.com/watch? v=cAMqCWsPODQ This successful launch brings OneWeb’s total in-orbit constellation to 182 satellites. These will form part of OneWeb’s 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity, and represents  60 percent of the constellation required to enable its connectivity solution to reach all regions north of 50 degrees latitude by June 2021.  This was the third in a five-launch ‘Five to 50’ programme, enabling OneWeb to offer services across the United Kingdom, Alaska, Northern Europe, Greenland, Iceland, the Artic Seas and Canada, and w...

Board Recommends dividend of ₹ 30 per share Pune/ New Delhi – April 26 th , 2021:   Tech Mahindra  Ltd., a specialist in digital transformation, consulting and business reengineering services today announced the audited consolidated financial results for its fourth quarter and year ended ended March 31, 2021. Financial highlights for the Year (USD)                                                                                                              ...

  Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA), an agri-focused NBFC and a subsidiary of Netafim Singapore, has raised USD 40 million via external commercial borrowing (ECB) from the Phoenix Group and Cogito Capital, both Israel based investors.  The raised funds will be utilized effectively for business expansion, enhanced offerings, and to expand horizons in the agri-rural domain. The company would successfully improve its margins as it intends to service the high-cost old debt and bring down the overall cost of funds.   The deal also marks fresh equity infusion into NAFA, which recently raised USD 9.4 million of Tier I Capital from Netafim Singapore and offered exit to the initial equity partners Atmaram Properties & Granite Hill Fund as they had reached their investment horizon.  This is the maiden investment for both Phoenix Group and Cogito Capital in India and NAFA, through acquiring stake in Netafim Singapore.   Since acquiring NBFC license...