Tag Archive for record

Digit Insurance Raises a Record $44 Million in the Second Round of Funding

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Digit Insurance, a new age insurance startup, which wants to make insurance simple, has raised $44 million in a second round of funding. Canadian billionaire Prem Watsa’s Fairfax Holdings has invested second round of capital ($45 million) in Digit Infoworks, a parent company for Digit insurance of which a significant part of the investment ($44 million) is given to Digit Insurance. The funding is the largest round in the Indian general insurance ecosystem. This investment brings Digit’s total funding to $94 million.

 

Digit Insurance plans to invest the funds in technology to drive its mission of making insurance simple.  A significant use of fund will also be invested in launching new lines of products and expansion of distribution network across the country.

 

Kamesh Goyal, Founder & Chairman, Digit Insurance said, “Our investors have shown confidence in our mission of Making Insurance Simple which is heartening. And this round of funding will further help us in doing that.” Read more

Record attendance at 10th edition of World Ducati Week

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The 10th edition of World Ducati Week, the international gathering that brings the Ducati community together every two years, ended with a record turnout. WDW2018 engaged and excited tens of thousands of motorcyclists coming from all over the world, meeting at the Misano World Circuit “Marco Simoncelli” from 20 to 22 July to celebrate and share their enthusiasm for Ducati.  Read more

ŠKODA continues on record course: More than 650,000 deliveries in first half of 2018 and best June ever

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

ŠKODA continues on its course for success. In the first six months of this year, the Czech carmaker once again increased the number of deliveries. Delivering 652,700 vehicles, ŠKODA concludes the first half of the year with a record result. ŠKODA grew by 11.6% compared to the same period last year (January to June 2017: 585,000 vehicles). ŠKODA delivered 116,500 units in June alone – an increase of 10.8% compared to the same month last year (June 2017: 105,200 vehicles). The SUV models ŠKODA KODIAQ and KAROQ continue to be growth drivers. The compact SUV KAMIQ was successfully launched last month in ŠKODA’s largest single market, China.

“The results of the first half of this year impressively demonstrate the effectiveness of our model strategy. Our modern and wide range of models has been very well received by
customers worldwide,” says ŠKODA CEO Bernhard Maier. “In the second half of 2018, we are expecting bottlenecks due to the introduction of the new WLTP test procedure; deliveries of some vehicles will therefore be delayed.”

Along with the new WLTP test procedure, a new emission standard will be introduced that will bring about a challenging situation for all automakers in 2018. Looking specifically at ŠKODA’s model range, this will manifest itself in several ways: The production of the current ŠKODA FABIA, for example, has already been sold out before the announced model change. The production launch of the upgraded version of the small car is set for August 2018. Read more

Mumbai Airport creates record, handles 1003 flight movements in 24 hours

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mumbai’s GVK Mumbai International Airport Limited (MIAL), the company that manages the Chhatrapati Shivaji International Airport achieved yet another milestone by handling the maximum number of flights in a 24-hour timeframe. On Tuesday, June 5, 2018, the Mumbai airport handled 1003 takeoffs and landings breaking its own record of handling 988 flight movements in a day. It is the highest traffic in a single day at any single runway airport in India till date.

A quintessence of operational excellence, the Mumbai airport is in the league of the busiest single-runway airports around the world, handling over 1000 flights per day.

Due to heavy rainfall the aircrafts were diverted to the nearby airports and were later were accommodated immediately as the rains stopped, which lead to increase in the flight movements.

This is an acknowledgement of the airport’s continuous efforts towards setting quality benchmarks for the airport industry across the globe. It is a testament of GVK MIAL’s unflinching commitment towards operating with an approach that promises efficiency, safety and reliability.

GVK MIAL’s efforts have constantly been focused towards placing CSIA amongst the world’s best airports. The evolution brought through CSIA with respect to services, functionality and operations personifies into a dynamic travel companion that its stakeholders cherish having on their side. CSIA has continually made efforts in rendering travel to and from Mumbai as the most desirable and enriching experience. Read more

L&T Technology Services’ industry academia skill building initiative TECHgiumR, receives record breaking participation

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

L&T Technology Services Limited (NSE: LTTS), a leading global pure-play Engineering R&D Services company, today announced the formal launch of the second edition of its unique industry academia initiative TECHgium®. A nationwide platform for talented engineering graduates to solve real-world engineering problems, TECHgium® finalists will be eligible for employment in L&T Technology Services based on the strength of their concepts and solutions. Read more

Covestro continues its profitable growth path with a record year

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Group sales grew 18.8% to EUR 14.1 billion / EBITDA increased 70.6% to EUR 3.4 billion / Net income more than doubled to EUR 2.0 billion / Record in free operating cash flow – EUR 5.0 billion now until 2019 / Dividend proposal: EUR 2.20 per share / Positive forecast for 2018

Materials manufacturer Covestro had an outstanding fiscal year 2017. Driven by a high demand for high-performance plastics and significantly higher margins, Covestro increased Group sales by 18.8% to EUR 14.1 billion over the past fiscal year. This was accompanied by an increase in EBITDA at Group level for the year as a whole of 70.6% to EUR 3.4 billion over the prior-year period. Net income more than doubled from EUR 795 million to EUR 2.0 billion. As a result of these excellent results, Covestro intends to pay its shareholders a dividend of EUR 2.20 per share (previous year: EUR 1.35). Read more

Golmaal Again bags yet another record to its name!

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Rohit Shetty’s Golmaal Again has been on a record breaking spree ever since the announcement of its release date. From breaking the record in pre release ticket sales to becoming one of the highest grossing films of 2017, Golmaal Again has always been on the top of every list. Read more

JASH SARODE & JEET TRIVEDI SKATE INTO THE GOLDEN BOOK OF WORLD RECORD

Share/Bookmark

By  K Ashwin  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

On 26th January, 2018 at 8:00 am at Bandra Kurla Complex,  Jeet Trivedi  set a new world record in Golden Book Of Records as he did roller skating for 7 kms on road blindfolded & successfully dribbled the basket ball blindfolded for 4 kms (10 rounds) on road.  Jeet Trivedi who can calculate his intuition, and act to deliver what he is asked to do with the help of his “Sixth Sense” is applicated  for Guinness World Record & Limca Book Of Records. However, he already holds 4 world records, it will be his 1st world record in blind roller skating & 5th world award overall. Read more