MD & CEO Archive

BTI Payments Successfully Installs 500 India1 White Label ATMs in India

The 500th India1 ATM was commissioned at Adavuladeevi, a tier 5 town in the Guntur district of  Andhra Pradesh Installed over 500 White Label ATMs are across Karnataka, Tamil Nadu, Andhra Pradesh and Kerala Currently connecting over 5 small towns/villages per day.  Plans to roll out over 9000 India1 ATMs by 2018 Supporting the Central

R & D Centre of Insecticides (India) and OAT Agrio start operations

This facility has been set up by OAT & IIL India Laboratories Pvt. Ltd., a joint venture co. of IIL and Japanese company OAT Agrio Co Ltd OAT & IIL India Laboratories Pvt. Ltd. aims to invent new agro chemical molecules for India and International requirements, beneficial for important crops like soybean, cotton, wheat &

Witness the Best of Real Estate at Realty Plus Conclave & Excellence Awards

Mumbai, August 20, 2014: Countdown for the most coveted event of Indian Real estate – Realty Plus Conclave and Excellence Awards -2014 has begun, with thefirst leg of Realty Plus Conclave and Awards scheduled on Thursday, August 21, 2014 at The Trident, Bandra Kurla Complex, Mumbai. Smt. Sunita Sharma, MD & CEO, LIC Housing Finance

Tech Mahindra announces Q1 revenues at USD 855 mn, up 3.6% QoQ and 18.1% YoY

Revenue growth trajectory continues into FY15   Dubai – August 11, 2014: Tech Mahindra Ltd. a specialist in digital transformation, consulting and business re-engineering today announced the audited consolidated financial results for its first quarter ended June 30, 2014. Revenue stood at USD 855 mn; up 18.1% YoY and 3.6% QoQ. Net profit after tax

Views on the monetary policy by Mr. Rakesh Sharma, MD & CEO, Lakshmi Vilas Bank

Mr. Rakesh Sharma, MD & CEO, Lakshmi Vilas Bank, “A cut in SLR ratio and the HTM holding ratio under SLR by 50 basis each is seen as an enabler to providing credit to development and growth oriented schemes. RBI is also cautious on inflation trajectory and has  moved the goal post to the medium

Max Bupa Recognized as ‘Model Insurer Asia of the Year’ for effective implementation of technology enabled by Newgen

Max Bupa Health Insurance has been recognized as the Celent Model Insurer of Asia for 2014, one of the most coveted honour in APAC region, for effective technology usage in insurance. With a strong focus on utilizing technology to deliver the best in class service, Max Bupa is creating a benchmark in the industry through

K.S. GopalKrishnan, MD & CEO, AEGON Religare Life Insurance on FDI in Insurance

“Allowing FDI in insurance to go up to 49% is a welcome measure. This should help the insurance industry as a whole in terms of augmenting the capital inflows and also better practices from the foreign players.” – K.S. GopalKrishnan, MD & CEO, AEGON Religare Life Insurance on FDI in Insurance

Rakesh Sharma, MD & CEO, Lakshmi Vilas Bank on the Union Budget 2014

The Union Budget 2014-2015  is  pro-growth, investor-friendly and savings oriented. The increase in basic tax exemption limit coupled with  increase under Section 80C aims to leave Rs 1 lac of disposable income in the hands of tax payers. This should result in providing a  boost  to small savings. The budget  encourages long term infrastructure lending

Deutsche Asset Management India launches DWS Fixed Maturity Plan (FMP) – Series 73 and 74

DWS FMP – Series 73 NFO open for subscription from 1st – 10th July 2014 DWS FMP – Series 74 NFO open for subscription from 9th – 18thJuly 2014   Deutsche Asset Management India launches: DWS Fixed Maturity Plan – Series 73, a 2 years close ended debt fund DWS Fixed Maturity Plan – Series

Deutsche Asset Management India launches DWS Hybrid Fixed Term Fund (DHFTF) – Series 23 (3 years)

DWS Hybrid Fixed Term Fund – Series 23 NFO open for subscription from 18th June – 2nd July 2014 Deutsche Asset Management India launches: DWS Hybrid Fixed Term Fund – Series 23, 3 years close ended debt scheme. DWS Hybrid Fixed Term Fund – Series 23 is a debt fund that takes advantage of the