August 2020

Religare Health Insurance advocates Comprehensive Health Coverage as COVID-19 drives greater consumer awareness
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With COVID-19 acting as a catalyst for change and increasingly nudging people to explore diverse health coverage options, Religare Health Insurance (RHI) is endorsing the need for comprehensive health insurance policies. Emphasizing the soaring significance of health insurance amid an...
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Standalone Health Insurance sector in India registers 40 pc YoY hike: Religare Spokesperson
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Hyderabad, Au 25 (UNI) Emphasizing the soaring significance of health insurance amid an unprecedented global health crisis, the Standalone Health Insurance sector registered a 40 percent YoY rise, said Religare Health Insurance (RHI) IT and Operations Head Kolla Suresh here...
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COVID-19, anti-China sentiment driving India’s helmet industry: Studds Accessories MD
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Demand for personal mobility and the anti-China sentiment will be key factors in the growth of India's helmet industry, says Siddharth Bhushan Khurana, MD of Studds Accessories, a leading wholesale manufacturer and exporter of helmets and motorcycle accessories. "People do...
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Studds eyes 25 pc jump in sales this fiscal; hires 700 for new plant
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Mumbai, Aug 25 (PTI) Studds, the leading manufacturer of two-wheeler helmets, aims at least 25 percent growth in revenue to Rs 500 crore this year on the back of the rising demand for personal transport created by the coronavirus pandemic,...
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PhonePe plans an IPO by 2023; sees valuation of $7-10 billion
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PhonePe is planning an initial public offering (IPO) by 2023. The Walmart-owned digital payment company headquartered in Bangalore eyes a valuation of $7-10 billion. The firm plans to bring out an IPO as a separate entity. It is likely to...
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Happiest Minds gets Sebi’s nod to launch IPO
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IT services firm Happiest Minds Technologies has received markets regulator Sebi's approval to float initial share-sale. The offer comprises fresh issuance of shares aggregating up to Rs 110 crore and an offer for sale of up to 3.56 crore equity...
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Driving helmets demand back to pre-Covid levels as Indians avoid public transport: Studds CFO
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Indians are back to driving seats it seems as the demand for helmets is back to pre-Covid levels according to the CFO of helmet manufacturer Studds, Manish Mehta. In an interaction with ETCFO, he says that the two-wheeler segment is attracting...
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Equitas Small Finance Bank IPO to be launched once business normalcy is restored
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Kolkata: Equitas Small Finance Bank's initial public offer (IPO) will be done once normalcy in business operations is restored after the delay caused by disruptions due to the spread of Covid-19 pandemic, the promoter of the bank Equitas Holdings NSE...
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Two-wheeler helmet manufacturers association welcomes govt’s move on banning non-ISI helmets
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In March 2021, helmets that are not certified by the Bureau of Indian Standards (BIS) will be banned in the country. However, the government is lifting the 1.2-kg or lower rule on helmet weight limit. Late in July, the Ministry...
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IPL franchises mull resort stay in UAE
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Indian Premier League (IPL) franchises are considering putting up their players and support staff in resorts, instead of five-star hotels as is the norm, during this year's tournament in the UAE, in order to avoid contracting the novel coronavirus through...
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