Home improvement and medical emergencies are the top two reasons why majority of Indians, especially the millennials, opt for instant personal loan, shows analysis of data involving lakhs of users of SimplyCash, the instant loan app powered by the Hero Group.
In the last 12 months, 37% of all instant personal loans disbursed by the firm were taken for home improvement. This was followed by factors like medical emergencies (28%) and marriage and family functions (12%). About 5% of customers took a loan for education, be it for their child’s education or for upskilling their own skills. Other causes included business-related expenses (2%), holidays (2%) and paying off debt (2%).
Chennai-based Dr. Agarwal’s Health Care Ltd. (DAHCL) has closed a landmark fund raise of ₹1,050 crore from TPG Growth, the middle market and growth equity platform of alternative asset firm Texas Pacific Group which is one of the leading investment firms based out of the US, and from existing investor Temasek, a global investment company headquartered in Singapore. The investment round, which is India’s largest fund raise in the eyecare space, will also provide significant capital to fuel the company’s expansion plans and pave the way for an exit for existing investor, ADV Partners. The company also raised Rs. 270 crores investment from Temasek in 2019.
Mobility Outlook, the mobility-ecosystem focused platform by CarTrade Tech, offering insightful perspectives on automotive, aviation, railways and maritime sectors, commemorated the spirit of women in the mobility industry last week by hosting the first edition of ‘Women in Mobility’.
On its mission to become the biggest and best eyecare destionation for Indian consumers through 1000 stores across the country, Titan Eye+, expands its footprint in Tamil Nadu and launches its 760th store in Chennai. The novel store at Pondy Bazaar, Chennai was inaugurated by Mr. Saumen Bhaumik, CEO and Mr. A. R Srinivasan CSRO EyeCare Division, Titan Company Limited on April 27th.
Organized Retailers Association (ORA), a forum that represents all leading mobile retail chains in South India, held its maiden meeting at Hyderabad. The ORA is a body created by mobile retailing chains and works for the fraternity addressing their needs and requirements, training, engaging, and developing their skills to keep pace with the changing times and technology. The first meeting of this newly formed organisation representing mobile retailing chains from South India was primarily focused on deliberations around the growth of the mobile industry and next action steps towards achieving it.
Chennai’s lively art scene has seen an uplift with the ‘Icons of Singara Chennai’ project. The wall of art at Durgabhai Deshmukh Road, Adyar, comprises 12 individual paintings that reimagine Chennai by capturing the soul and essence of the city in a futuristic setting. The project, aimed at honouring the rich legacy of the southern metro, was undertaken by India’s first fully curated NFT marketplace Jupiter Meta, intending to make owning art an accessible endeavour.
Crossing the strait of the Golden Gate from San Francisco’s Presidio to the Marin headlands is the world-renowned Golden Gate Bridge, easily identified by its globally-knownOrange color. San Francisco’s most famous landmark opened in 1937 and has hence been considered an icon of not only the city but all of USA.
The new team will be led by Mr S Sivagurunathan, President, CREDAI Chennai, Mr A. Mohammed Ali, President – Elect, Mr Mehul Doshi as Vice President, Mr Abhishek Mehta, Vice President, Mr Kruthivas P, Secretary , Mr Mohamed Aslam Packeer, Treasurer, Mr Arun M N, Mr Ranjeeth Rathod, Mr Viswajith Kumar, Mr Ram Kumar, Mr Suman Voora as Executive members of CREDAI Chennai, who will all work together for the betterment of real estate sector in Chennai.
நியூபெர்க் டயக்னாஸ்டிக்ஸ், இந்தியாவில் செயல்படும் 4 சங்கிலித்தொடர் முன்னணி ஆய்வகங்களில் ஒன்றாகும். இந்நிறுவனம் இன்று 14 நியூபெர்க் மேம்பட்ட டயக்னாஸ்டிக்ஸ் & உடல் பரிசோதனை மையங்களை சென்னையில் தொடங்கியுள்ளது. அத்துடன் இந்த நிதி ஆண்டிற்குள் 100 மையங்களைத் தொடங்கவும் திட்டமிட்டுள்ளது.அனைவருக்கும் மிகக் குறைந்த கட்டணத்தில் பரிசோதனை மேற்கொள்ள வசதியாக இந்த நடவடிக்கையை நிறுவனம் மேற்கொண்டுள்ளது. ரத்தப் பரிசோதனை, எக்ஸ்-ரே, ஈசிஜி, அல்ட்ராசவுண்ட் ஸ்கேன், உடல் பரிசோதனை மற்றும் வீட்டிற்கு வந்து பரிசோதனைக்கான மாதிரிகளை சேகரிப்பது உள்ளிட்ட பணிகளை மேற்கொள்ளும்.
Chennai: Amid ever rising prices of petrol and diesel, Nahak Motors, India’s number 1 e-mobility company, today announced the launch of Exito Solo, 100% made in India e-Moped. Exito Solo is priced at Rs 85,999. The running cost of the e-Moped is only 25 paisa per Kilometre. Nahak Motors will start delivering it from April 2022.
The Andhra Pradesh chapter of Entrepreneurs’ Organization (EO), a high-quality network of 14,000+ like-minded leaders across 61 countries, announced the seven finalists, who will represent India in the Global Finals of the Global Student Entrepreneurs Awards (GSEA).
Chennai: According to Knight Frank’s The Wealth Report 2022, Chennai was home to 160 ultra-high net worth individuals (UHNWIs, with net worth of US$ 30m and above) in the year 2021. In the last 5 years, Chennai’s ultra-rich population grew by 64.2% from 97 in 2016 to 264 in 2021 making it the 4th fastest growing city in terms of UHNWIs during 2016-21. The ultra-wealthy population in the city is expected to increase by 65.6% to 264 by the year 2026.
கோவை : ஐசிஐசிஐ புரூடென்சியல் லைஃப் இன்சூரன்ஸ் நிறுவனம் அதன் புதுமையான ஒரு நீண்ட கால காப்பீட்டு திட்டமான ‘ICICI Pru iProtect Return of Premium’ என்ற திட்டத்தை அறிமுகம் செய்துள்ளது. வாடிக்கையாளரை மையமாக கொண்ட, அவர்களின் வாழ்க்கை நிலைமைகளின் அடிப்படையிலான உறுதியான பாதுகாப்பை வழங்குகிறது. இதில் வாடிக்கையாளர்களின் வாழ்க்கை நிலைகளின் அடிப்படையில் வாழ்நாள் முழுவதையும் உள்ளடக்கிய காப்பீட்டின் தேவையை தானாகவே சரி செய்யக் கூடியதாக இந்த பாலிசி உருவாக்கப்பட்டுள்ளது.
Chennai: Knight Frank India today launched the 16th edition of its flagship half-yearly report – India Real Estate: H2 2021 – which presents a comprehensive analysis of the residential and office market performance across eight major cities for the July-December 2021 (H2 2021) period.
Alstrut India showcases their products and Solutions in the 14th International Machine Tools Exhibition. The Exhibition is being held at the Chennai Trade Centre, Nungambakkam, Chennai from 09th December to 13th December 2021. ACMEE organised by AIEMA has been one of the flagship exhibitions in South India, since 1994.