Tag Archive for ventures

Mr. Ashok Mansukhani appointed as Managing Director of Hinduja Ventures Limited

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

The Board of Directors of the Company at its meeting held today i.e.February 12, 2018 has appointed Mr. Ashok Mansukhani  as Managing Director of the Company for a period of two years with effect from April 30, 2018 to April 29, 2020 upon completion of his existing term as Whole-Time Director on April 29, 2018.

Mr. Ashok Mansukhani is a postgraduate from Delhi University who completed his Masters in English Literature from Kirori Mal College, Delhi University and his LLB from K C Law College,Bombay University. After a distinguished career in Central Government as an Indian Revenue Service Officer for 22 years, he joined the Hinduja Group in 1996 and has handled various senior responsibilities in the Group, in media and Corporate sphere. Read more

HINDUJA VENTURES LIMITED(‘HVL’) UN-AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2017.

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

The Board of HVL at its meeting held today approved un-audited standalone financial results for the quarter and nine months ended December 31, 2017.

 

HVL Standalone Results:-

 

  • HVL on standalone basis reported a total income of Rs. 169.12 Crores for the nine months ended December 31, 2017 as against Rs. 173.91 Crores for the nine months ended December 31, 2016.

 

  • The net profit after tax for nine months ended December 31, 2017 stood at Rs. 88.80 Crores as against Rs. 88.39 Crores during nine months ended December 31, 2016. The Net Profit After Tax for the period ended grew by 0.47 %.

 

  • For the quarter ended December 31, 2017, the total income of the Company stood at Rs. 64.88 Crores compared to Rs 53.58 Crores for the quarter ended September 30, 2017 and Rs. 52.79 Crores for the quarter ended December 31, 2016.

 

  • The net profit after tax for the quarter ended December 31, 2017 stood at Rs. 33.76 Crores as against Rs. 29.55 Crores for the quarter ended September 30, 2017 and Rs. 35.99 Crores for the quarter ended December 31,2016. Read more

Unicorn India Ventures comes calling to Kerala startups

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

Unicorn India Ventures announce three investments in Kerala — based startups – GenRobotic, SectorQube & Perfectfit Fashion. The Fund has been actively exploring investment in Kerala post partnering with Kerala Start-up Mission (KSUM), which is also an investor in Unicorn India.

With the State Government’s backing, KSUM is aggressively promoting entrepreneurship in the state aligned to the vision of Startup India and Unicorn India is at the forefront to provide strategic guidance and financial support to Kerala’s fast growing startup story.

 

Unicorn India Ventures is a Mumbai ­based VC fund that invests in early stage startups working on business ideas spanning sectors like consumer, enterprise, healthcare, ESDM and deep technology domains. These investments are made from Unicorn’s first fund launched in 2015 with investments across 10 startups made over the last 2 years.

Anil Joshi, Managing Partner, Unicorn India Ventures, says, “Kerala is the hotbed for growing startups in the country today. The State Government backed accelerator, KSUM, is working aggressively with the industry experts to nurture the startup ecosystem in the State and we are excited to partner with KSUM in fostering the spirit of entrepreneurship by way of investing and mentoring the Kerala-based startups, which is core to Unicorn India.” Read more

The Chocolate Room ventures into curating a customized meal for your special occasion

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

Renowned for being a specialist chocolate indulgence café, The Chocolate Room ventures into curating customized menu for various special occasions such as birthday parties, kitty parties and other private events. For over 10 years India’s most famous chain of chocolate café is delighting its customers with irresistible treats and has been creating a new wave of chocolate culture worldwide. Read more


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