ICICI

AM Best Affirms Credit Ratings and Assigns National Scale Rating to ICICI Lombard General Insurance Company Limited

Retrieved on: 
Friday, March 1, 2024

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of ICICI Lombard General Insurance Company Limited (ICICI Lombard) (India).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of ICICI Lombard General Insurance Company Limited (ICICI Lombard) (India).
  • Concurrently, AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) to ICICI Lombard.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

ICICI Bank Canada launches 'Money2India (Canada)' mobile banking app

Retrieved on: 
Tuesday, October 24, 2023

TORONTO, Oct. 24, 2023 /CNW/ - ICICI Bank Canada, a wholly owned subsidiary of ICICI Bank Limited, announces the launch of its mobile banking app, 'Money2India (Canada)'.

Key Points: 
  • TORONTO, Oct. 24, 2023 /CNW/ - ICICI Bank Canada, a wholly owned subsidiary of ICICI Bank Limited, announces the launch of its mobile banking app, 'Money2India (Canada)'.
  • The app enables customers of any bank in Canada to send money instantly and round the clock to any bank in India without opening an account with ICICI Bank Canada.
  • The launch of 'Money2India (Canada)' app marks ICICI Bank Canada's foray into Canada's remittance market.
  • The amount will be sent to the beneficiary's account
    To send money through the app, please download 'Money2India (Canada)' App through Play Store or App Store

26FIVE Global Lab Appoints Ritesh Rao as CEO of its India Lab

Retrieved on: 
Wednesday, April 5, 2023

26FIVE Global Lab [“26FIVE”], the US-based brand growth management consulting firm and its global creative and technology labs, announces the appointment of Ritesh Rao as CEO of 26FIVE India Lab.

Key Points: 
  • 26FIVE Global Lab [“26FIVE”], the US-based brand growth management consulting firm and its global creative and technology labs, announces the appointment of Ritesh Rao as CEO of 26FIVE India Lab.
  • View the full release here: https://www.businesswire.com/news/home/20230405005783/en/
    Ritesh brings 18+ years of agency experience with leadership roles at Creativeland Asia, Isobar/Dentsu Group, and Lowe Lintas.
  • “26FIVE is behind the transformation of some of the largest brands in India,” said Ritesh Rao, CEO, 26FIVE India Lab.
  • I am excited to work with this energetic, insightful, and experienced team, and look forward to further amplifying its impact in this region.”
    Established in Mumbai in 2009, 26FIVE India Lab, formerly STC Associates, is the India-based creative and technology lab, part of the 26FIVE Global Lab network.

Mr Keshub Mahindra, Chairman Emeritus, Mahindra Group Passes Away at 99

Retrieved on: 
Wednesday, April 12, 2023

MUMBAI, India, April 12, 2023 /PRNewswire/ -- Mr Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully today morning.

Key Points: 
  • MUMBAI, India, April 12, 2023 /PRNewswire/ -- Mr Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully today morning.
  • Born on October 9, 1923, in Shimla, Mr Keshub Mahindra was an alumnus of the Wharton School of the University of Pennsylvania, USA.
  • Speaking about Mr Keshub Mahindra, Anand Mahindra, Chairman, Mahindra Group, said, "Mr Keshub Mahindra was and will always remain a source of inspiration for me and the entire Mahindra Group.
  • Mr Keshub Mahindra was known for his astute business acumen that helped in transforming Mahindra into a diversified federation of companies.

Mr Keshub Mahindra, Chairman Emeritus, Mahindra Group Passes Away at 99

Retrieved on: 
Wednesday, April 12, 2023

MUMBAI, India, April 12, 2023 /PRNewswire/ -- Mr Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully today morning.

Key Points: 
  • MUMBAI, India, April 12, 2023 /PRNewswire/ -- Mr Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully today morning.
  • Born on October 9, 1923, in Shimla, Mr Keshub Mahindra was an alumnus of the Wharton School of the University of Pennsylvania, USA.
  • Speaking about Mr Keshub Mahindra, Anand Mahindra, Chairman, Mahindra Group, said, "Mr Keshub Mahindra was and will always remain a source of inspiration for me and the entire Mahindra Group.
  • Mr Keshub Mahindra was known for his astute business acumen that helped in transforming Mahindra into a diversified federation of companies.

Global Managed Mobility Services Market Report 2022: Growing Reliance of IT Companies on New Technology and BYOD Policies in Organizations Boosts Growth

Retrieved on: 
Friday, April 7, 2023

The rising demand for such managed mobile services has encouraged service providers to expand their business and manage services.

Key Points: 
  • The rising demand for such managed mobile services has encouraged service providers to expand their business and manage services.
  • The use of MMS in different industries is driving the demand for mobility services, leading to market revenue growth.
  • Insights on Managed Mobility Services:
    The managed mobility services market is segmented based on function, deployment, and industry vertical.
  • The managed mobility services market has a consolidated competitive landscape with only a few key players operating on both global and regional levels.

AM Best Assigns Credit Ratings to ICICI Lombard General Insurance Company Limited

Retrieved on: 
Friday, February 3, 2023

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to ICICI Lombard General Insurance Company Limited (ICICI Lombard) (India).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to ICICI Lombard General Insurance Company Limited (ICICI Lombard) (India).
  • The addition of the insurance business of Bharti AXA General Insurance Company Limited has enhanced the scale and market position of ICICI Lombard.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

India Prepaid Card and Digital Wallet Market Analysis/Opportunity Report 2022: Market to Reach $105.43 Billion by 2026 from $35.69 Billion in 2022, Growing at a CAGR of 31.1%

Retrieved on: 
Wednesday, September 7, 2022

The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.

Key Points: 
  • The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.
  • Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 31.1%, increasing from US$35.69 billion in 2022 to reach US$105.43 billion by 2026.
  • This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

India Used Two Wheeler Market Outlook 2022-2026 - Online Marketplace Platforms Supporting Market Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, June 20, 2022

The "India Used Two Wheeler Market Outlook to 2026 (Second Edition) - Convenient Financing Options and Emergence of Online Marketplace Platforms Supporting Market Growth" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Used Two Wheeler Market Outlook to 2026 (Second Edition) - Convenient Financing Options and Emergence of Online Marketplace Platforms Supporting Market Growth" report has been added to ResearchAndMarkets.com's offering.
  • India Used Two Wheeler Market Outlook to 2026 provides a comprehensive analysis of pre-owned two wheelers services in India.
  • The online used two wheeler market has been emerging with the rise in the popularity of e-commerce platforms in the country.
  • Online platforms such as Flipkart, Amazon and Snapdeal have enabled India users to trust online platforms and make high value transactions online using their debit/credit cards and net banking.

Seclore Closes $27M Series C Growth Round to Protect the World’s Enterprise Data, Everywhere

Retrieved on: 
Wednesday, May 18, 2022

The growth capital empowers Seclore to fast track its journey to become the platform of choice for enterprise data protection initiatives.

Key Points: 
  • The growth capital empowers Seclore to fast track its journey to become the platform of choice for enterprise data protection initiatives.
  • View the full release here: https://www.businesswire.com/news/home/20220518005290/en/
    The funding round brings the total raised to date to $46 million.
  • Seclore is the partner of choice for some of the worlds largest corporations as they look to protect their most valuable data and ensure privacy compliance.
  • The platform allows organizations to utilize best-of-breed solutions to discover, classify, protect, and track enterprise data, both within and outside the organizations boundaries.