The logistics sector is increasingly leveraging data analytics and artificial intelligence (AI) to improve supply chain efficiency. With the massive amounts of data generated in logistics operations, data analytics can provide valuable insights into the supply chain, enabling logistics companies to optimize their operations and improve their bottom line. Predictive analytics can be used to forecast demand and optimize inventory levels, reducing costs and improving…
PhonePe goes live with UPI LITE
Bengaluru, 2023: PhonePe, today announced that it has gone live with the UPI LITE feature on its app. The feature allows users to initiate low-value payments under Rs. 200, with a single tap from their UPI LITE account without entering a PIN. The transaction is processed directly by debiting the on-device UPI LITE balance without involving the customers’ banks’ (remitter bank) core banking systems in…
India’s First Value Based Edtech Platform, MiVirtue Get Launched in India
Delhi – Wednesday, 3rd May,2023:Our values define us as human beings, & without them, our efforts to create a better world would be incomplete. To emphasize on holistic development of today’s kids and to empower them to be better human beings, MiVirtue, a value based Edtech platform has announced its launch in India that aims to educate moral, social and emotional values through technology based…
DHL x Van Gogh Museum’s Heart for Art educational programme reaches thousands of children in America
Wednesday 3 May 2023, Amsterdam – Following a successful start in New York at the beginning of the academic year, the Heart for Art educational programme has now been launched in another four large American cities: Houston, Detroit, Philadelphia and Los Angeles. Over three years, the programme – developed by DHL and the Van Gogh Museum – aims to use Vincent van Gogh’s work and…
Punjab and Sind Bank records highest ever Net Profit of Rs.1313 Cr (FY) against a Net Profit of Rs.1039 Cr (Y-o-Y)
Q4 FY 2023 Key Highlights (Y-o-Y) Parameter Q4 FY 2022 Q4 FY 2023 Growth % Operating Profit (in Cr) 317 536 69.09 Net Profit (in Cr) 346 457 32.08 Return on Assets (RoA) 1.10 1.33 23 bps Return on Equity (RoE) 25.84 28.43 259 bps Yield on Advances (YoA) 7.13 7.85 72 bps Cost-to-Income Ratio 65.19 56.45 (874) bps Non-Interest Income (in Cr) 215 547 154.42 Total Business (in Cr) 172524 190647 10.50 Credit-Deposit Ratio 68.91 73.84 493 bps…
This Summer Stay Healthy & Fit
During the Summer season it is important to take care of our overall health. The scorching heat makes our body go through several complications which unknowingly damages our internal organs, skin and eyes. To prevent serious medical complications, one must focus on adopting certain precautionary measure that will help one to stay fit and healthy. So, from following an appropriate diet schedule to nourishing and…
YC-Backed Ed-Tech Startup Oneistox rebrands itself as Novatr; Projects 12X Revenue Growth in FY24
Delhi,3rd May 2023: Oneistox, a homegrown ed-tech startup transforming the AEC (Architecture, Engineering, and Construction) industry, has rebranded itself as Novatr. The strategic move is in line with their vision to fill the innovation gap in AEC by honing the power of human potential and building tech-first skills. The hyper-growing ed-tech platform founded in 2021 by Harkunwar Singh along with his co-founders Vipanchi Handa, Mehul…
BeatO and IIHMR-Delhi launch a unique course to fill the gap for skilled Diabetes care professionals
Mumbai, 03 May 2023: In a bid to amplify awareness about diabetes and to address the growing need for diabetes care and management in the country, BeatO – a comprehensive digital care platform for controlling and reversing diabetes, has partnered with The International Institute of Health Management Research (IIHMR) Delhi – a globally recognized and leading healthcare research institute in the country, to launch a…
Brillio Acquires CloudStratex, a Leading UK-Based Cloud Infrastructure Advisory Services Company
INDIA — May 2, 2023 — Brillio today announced that it has entered into an agreement to acquire CloudStratex, a London-headquartered advisory services company that helps clients build smarter, more agile, and efficient cloud infrastructure to accelerate digital transformation. This acquisition will enhance Brillio’s presence in the UK and Europe, strengthen Brillio’s consultative client engagement model, and expand its offerings for banking, financial services, and…
Delhi pips Mumbai as most forgetful city; Broom, TV, Commode among unique items left behind in Ubers
Mumbai, May 3, 2023: Uber today released the 2023 edition of its Lost and Found Index, a snapshot of the most frequently forgotten items, the most forgetful cities, as well as the days of the week and times of the year when Uber riders tend to be most forgetful. Delhi bagged the title of the most forgetful city in the country, ending Mumbai’s two-year run…