MCX cotton contract records second highest intraday volume
Cotton futures contract recorded second highest intraday volume of 3,70,700 bales on Multi Commodity Exchange of India (MCX) on February 22, which was valued at about Rs 764 crore.
The open interest on the day stood at 4,30,400 bales, MCX said in a release here.
The stock deposits in MCX accredited warehouses went up by 55.80 percent to a new all-time high of 1,81,200 bales as on March 5, compared to 116,300 bales as on March 5, 2018.
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Tata Motors showcases complete range of ready-to-use vehicles Tata Motors Wednesday showcased its complete range of 13 fully-built, ready-to-use vehicles from across SCV, ILCV and MHCV segments for the fast-growing e-commerce industry at the three-day e-commerce Expo here.
The company commands 63 per cent market share in Maharashtra in the last-mile distribution space with its Ace small commercial vehicles range, as per a release.
"The domestic e-commerce market is expected to grow to USD 200 billion by 2026 from USD 38.5 billion in 2017. Today, companies are also increasing their distribution centers and their fleet size to cater to the growing demands of the consumers," said Girish Wagh, president commercial vehicles business unit, Tata Motors was quoted as saying in the release.
Mumbai airport awarded best airport for customer experience The GVK-AAI-run Mumbai airport has been awarded the best airport for customer experience in the Asia Pacific region, in the over 40 million passengers per year category, by the Airports Council International (ACI).
This is the fourth consecutive year Mumbai airport has won this award, a release said Tuesday.
"Mumbai International Airport Limited (MIAL) has been awarded the best airport by size and region in over 40 million passenger category by the ACI," it said.
Crif High Mark ties up with Creditvidya
Credit information company Crif High Mark Wednesday announced a tie-up with Creditvidya to offer credit scoring even for new-to-credit and thin-file customers.
It will help help banks and NBFCs provide reasonably-priced credit to the large section of millions of financially underserved, an official statement said.
Zinier raises $22 mn in Series B funding
Zinier, a provider of intelligent field service automation, Wednesday announced that it has raised USD 22 million in Series B funding.
It will be used to accelerate global growth and expand its platform to meet the growing needs of field service organizations, an official statement said.
Accel, a returning investor, led the round, along with Founders Fund, Nokia-backed NGP Capital, Qualcomm Ventures LLC and returning France-based investor Newfund, it said.
United Bank of India ties up with HDFC Life State-run United Bank of India Wednesday said it has tied up with HDFC Life to sell the latter's life insurance policies through its network.
This is the third 'bancassurance' partnership for HDFC Life signed in FY19, an official statement said.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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