20/03/2023

Krsnaa Diagnostics emerges as lowest bidder for National Health Mission Project worth Rs 450 crore
Krsnaa Diagnostics said that it has bagged a tender worth ₹450 crore by qualifying as the lowest bidder by the National Health Mission, Rajasthan for providing Laboratory Services under Free Diagnostics Initiative on HUB and SPOKE Model.

Krsnaa Diagnostics, on Monday, said that it has bagged a tender worth Rs 450 crore by qualifying as the lowest bidder by the National Health Mission, Rajasthan for providing Laboratory Services under Free Diagnostics Initiative on HUB and SPOKE Model.
The company, in an official statement, mentioned that it will execute the project in three phases including 50 percent within 60 days and the remaining 50 percent in 90 days.
Earlier, in February the company had emerged as the lowest

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09/02/2023

Arya Vaidya Pharmacy reopened Delhi branch
The renovation of the Arya Vaidya Pharmacy (AVP) in Delhi is a significant milestone for the company, marking its continued commitment to providing quality Ayurvedic care and treatment. As a pioneer in the field of comprehensive Ayurvedic treatment dating back to the 1940s, AVP has established a nationwide network of doctors, sales, and distribution teams, as well as a reputation for providing "quality of care" and "purity of therapy."

Over the years, AVP has expanded from its origins as an Ayurvedic medicine producer to become a top treatment center, educational institution, and manufacturer of Ayurvedic equipment. This has allowed the company to make its products and services easily accessible to practitioners and the community.

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07/02/2023

Krsnaa Diagnostics win tender to establish and operate laboratory setup in Odisha
Krsnaa Diagnostics has bagged a contract to establish and operate laboratory set up at various government health institutions in Odisha.

In a filing to the stock exchanges on Tuesday, the largest diagnostics service provider in India said that the Mission Directorate, National Health Mission, Odisha, has awarded the tender to establish and operate the lab set up in a hub and spoke model on a Public Private Partnership (PPP) basis.
According to the contract, Krsnaa Diagnostics will set up and operate a minimum five or more hubs of its own laboratories which shall process samples from collection centres of all 32 District Headquarters Hospitals, 33 Sub-district hospitals and 321 Block

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13/12/2022

Minda Corp adds 28th wiring harness plant at Chakan
Minda Corp has added its 28th wiring harness plant in Chakan to address the fast-growing electric vehicle wiring harness market which off late is seeing a huge boom due to the exponential growth in India’s EV industry and the introduction of advanced safety features where wiring harness plays a critical role.

Ashok Minda, Chairman, and Group CEO sharing his insights on the growing wiring harness industry said that the new plant which is spread over 1.90 lakh square feet will reset benchmarking on multiple manufacturing parameters.
”The plant is a greenfield facility capable of generating 100% solar power which will further enrich Spark Minda’s focus on sustainability and ESG parameters.” Minda added.

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28/11/2022

AuthBridge launches new and improved iBRIDGE 2.0, an AI-powered verification solution to enable seamless verification journeys
AuthBridge, India’s largest Authentication technology company, has announced a new and improved version of iBRIDGE, their flagship employee onboarding and background check platform launched by the company in 2019. iBRIDGE 2.0 is the next-gen background verification platform that will enable companies with seamless candidate onboarding and verification experiences for new-age talent. With this new product launch, clients of AuthBridge will be able to activate candidate verifications in seconds and deep dive into a candidate’s documentation status with a single click.

iBRIDGE 2.0 will also help companies resolve 90% of candidate verification queries in real time.

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25/11/2022

Krsnaa Diagnostics plans 600 testing centres by end of FY24
Krsnaa Diagnostics will be the latest entrant into the highly competitive B2C or retail segment of diagnostic services by setting up 600 collection centres under franchisee model by end of FY24.

The company will be opening collection centres across Maharashtra, Himachal Pradesh, Punjab, West Bengal and Rajasthan, where it is already offering pathology and radiology services to the respective state governments under public private partnership (PPP) model.
Krsnaa is banking on the B2C (business-to-customer) model, besides bidding for more PPP contracts to double revenue growth and triple profits by end of FY24. Krsnaa has revenues of Rs 470 crore in FY22 with net profit of Rs 68 crore.

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31/10/2022

Minda Corporation partners with Daesung Eltec for ADAS technology
Auto components maker Minda Corporation has collaborated with South Korean firm Daesung Eltec to bring next generation advanced driver assistance system solutions to India it said in a statement on 31 October.

Both the firms signed a technology licence and assistance agreement on 28 October, 2022.
The partners will offer advanced driver assistance system (ADAS) for passenger, commercial and off-road vehicles segment through this collaboration.
The collaboration will include view monitoring system (AVM), including driver monitoring system (DMS), lane departure warning system (LDWS) and front collision warning system (FCWS).

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06/10/2022

Classic Legends looks to expand presence in smaller towns, cities
New Delhi : Classic Legends plans to expand its sales network in smaller cities and towns as it looks to cater to the rising demand for mid-sized bikes from these regions, according to its CEO Ashish Singh Joshi. The company, a unit of Mahindra & Mahindra, brought back the Jawa motorcycle brand in the domestic market in 2018 and Yezdi earlier this year.

It currently offers four motorcycles - Jawa, Jawa forty two, Perak and the recently introduced Jawa 42 Bobber - under the Jawa portfolio, and three models -- Adventure, Scrambler and Roadster -- under the Yezdi brand.
"We are well represented in all the A, B and probably the C category towns in the country. As we move along, we are now going deeper, we are going into smaller places," Joshi told.

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23/09/2022

Krsnaa leverages AI to deliver quality diagnostics to the rural India
The diagnostics company has partnered with SigTuple to use AI powered technology for automated microscopy processes. The tie-up is expected to significantly reduce the turnaround time, standardise reporting quality and increase efficiency.

Pune : Krsnaa Diagnostics in an attempt to leverage artificial intelligence (AI) to improve the diagnostics outcome, will set up telepathology reporting centre in Pune, to use AI100 for digitising its entire network of pathology labs.
For this, Krsnaa Diagnostics has tied up with SigTuple to use AI powered technology to automate the manual microscopy process across its entire pathology network. The tie-up is expected to significantly reduce the turnaround time, standardise reporting quality and increase efficiency.

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28/09/2022

Krsnaa Diagnostics enters B2C segment with chain of 600 diagnostic centres
Mainly a PPP and B2B player, the Pune-based chain offers disruptive pricing

Pune headquartered Krsnaa Diagnostics, primarily a public-private partnership (PPP) and business-to-business (B2B) player, is now set to enter the business-to-consumer (B2C) segment with a chain of 600 diagnostic centres across the country. Krsnaa’s entry into the B2C space is likely to change the industry dynamics on pricing, felt analysts.
This is because Krsnaa is known for disruptive pricing – it offers imaging and pathological tests at discounts of 45-60 per cent and 40–80 per cent to the market rates, respectively.
At present, close to 60 per cent of Krsnaa’s revenues come from the PPP segment, and the remaining are from B2B sales to

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14/07/2022

Spark Minda Forays into Consumer Spacewith the launch of Protective Head Gear (Helmets)
Coimbatore : Minda Corporation Limited (referred to as “Minda Corp” or the “Company”; NSE: MINDACORP, BSE: 538962), is the flagship company of the Spark Minda Group, launched 17 helmet models with 145 variants in the Indian retail market. The launch marks Spark Minda’s foray into the B2C space at a time when India is emerging as the largest and fastest growing helmet market globally.

During the next few years, the company plans to add 200+ distributors and open exclusive Spark Minda branded outlets across the country, making the distribution network more robust. The Protective Head Gear will be available across three customer segments- Economy (Knight series), Mid (Garrison series) and the Premium (Armored series) category.

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13/07/2022

Possibly the most beautiful bike on the planet: BSA Gold Star launch review
Indian giant Mahindra has revived a British legend and it not only looks gorgeous, but has surprising get up and go for a single, light handling and a price which will make it very attractive to anyone looking for classical looks with modern performance.

BSA, as those of you who’ve been around for a while will know, stands for Birmingham Small Arms, since the company' started in 1861 making guns, then moved to bicycles and, in 1910, motorbikes.
At one stage, it was one of the most successful manufacturers in the world, making legendary machines such as the 496cc single Gold Star from 1938 to 1963, named after Wal Handley lapped Brooklands at over 100mph on a BSA Empire Star and was awarded a Gold Star pin in recognition.

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07/06/2022

Krsnaa Diagnostics Awarded New Order For Providing Diagnostic Services; Stock Adds ~1%
Krsnaa Diagnostics Limited informed that the Company has been awarded a contract in the state of Tripura by the Mission Director, National Health Mission, State Health & Family Welfare Society, Tripura for Image Transmission & Reporting of Radiology Images and Selective Radiology Services (X-ray Tele Radiology Services).

With the addition of Tripura State, Krsnaa has set foot across 15 states.
As per the Tender awarded, the Company will provide free Diagnostics Service- X-ray Tele Radiology Services in District Hospitals / Sub-district Hospitals / Community Health Centers in the State of Tripura.
The Company is in the process of entering into a contract with the concerned authority in this behalf.

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19/03/2022

MUSCAT :
The Coimbatore Ayurveda Centre (CAC) is poised to become Oman’s top Ayurvedic centre. The CAC, a branch of the popular and prestigious Arya Vaidya Pharmacy (AVP), Coimbatore Limited is sitting pretty after launching its fifth branch in Mabelah on March 18.

The fifth CAC branch was opened under the aegis of the chief guest, Dr Muhanna Nasser Al Muslahi, director-general of private health establishment, ministry of health; Amit Narang, Indian ambassador, was also present along with C. Devidas Varier, managing director, AVP, Coimbatore. Present during the event was Yousuf Al Aamri, chairman; Babu Kolora, managing director, Bijesh Kolora, Ceo respectively of the CAC; guests and the press.

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13/01/2022

Classic Legends’ Yezdi makes a comeback with three new models; Know more
New Delhi : Classic Legends iconic motorcycle brand Yezdi announces a comeback to the Indian market on Thursday as it launches three new models - Yezdi Adventure, Scrambler and Roadster.

The Adventure range starts at INR 2,09,900, Scrambler range starts at INR 2,04,900 and Roadster range starts at INR 1,98,142 (all prices ex-showroom, Delhi).
Yezdi’s brand launch is second in line after Classic Legends had re-launched the Czech motorcycle brand Jawa in the country, with two motorcycles – Jawa and Jawa Forty Two in November 2018. Globally, it is the third resurrection from Classic Legends as the company recently revived British motorcycle brand BSA in the UK.

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09/12/2021

BSA Gold Star engine, India launch details revealed
We speak to Classic Legends co-founder Anupam Thareja about the BSA Gold Star’s new engine, chassis and India launch plans.

Classic Legends recently unveiled its first BSA product, the re-born Gold Star in the UK. While specification details are already out, there were a number of questions about the product that remained unanswered. A conversation with Classic Legends co-founder Anupam Thareja has cleared a few of those.

• * Engine based on Rotax 650 single

• * Project development handled by Ricardo

• * India launch a possibility in the distant future

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05/12/2021

AuthBridge raises $7 million funding from Phi Capital
The latest fundraise comes in quick succession of AuthBridge’s series A round (undisclosed amount) in October from Infinity Alternatives

AuthBridge, which offers identity authentication products, on Sunday said it has raised USD 7 million (about Rs 52.6 crore) in funding from Delhi-based Phi Capital. The series B funding is directed through Phi Capital Growth Fund (PCGF)-1, a statement said. The series B funding is directed through Phi Capital Growth Fund (PCGF)-1, a statement said.
The capital raised will be leveraged to invest in technology, strengthen workforce, and launch new product lines to add value to its clients, it added. The latest fundraise comes in quick succession of AuthBridge’s series A round (undisclosed amount) in October

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03/10/2021

Vaccination verification via API is the hottest SaaS solution right now: AuthBridge CEO Ajay Trehan
The hottest solution right now is API-driven vaccination verification that is helping businesses build back trust with employees and customers, says AuthBridge CEO Ajay Trehan.

Human resources managers are increasingly relying on next-generation technology like Artificial Intelligence (AI) for background verification, as the ongoing pandemic has rendered physical and paper-intensive techniques of authentication and verification, almost obsolete. AuthBridge Research Services founder and CEO Ajay Trehan told Tech Observer's Nisha Kumari that the world is becoming increasingly data and technology-driven in the post-pandemic world.
“From resume parsing to interview scheduling and tests to digital verification and onboarding, AI will have an impact on every

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16/08/2022

Krsnaa Diagnostics IPO shares debut at a 7% premium over issue price
Krsnaa Diagnostics IPO had received healthy demand from investors, getting 64.40 times subscription during August 4-6, 2021.

Krsnaa Diagnostics, one of the largest differentiated diagnostic service providers in India, started off the first day of trade on a positive note on August 16, as it listed at a 7 percent premium on the bourses.
The stock opened at Rs 1,025 on the BSE and Rs 1,005.55 on the National Stock Exchange.
The initial public offering of Krsnaa Diagnostics had received healthy demand from investors, with 64.40 times subscription during August 4-6, 2021. The portion set aside for qualified institutional buyers was subscribed 49.83 times, non-institutional investors' part was oversubscribed by 116.30 times and retail investors had put in bids 42.04 times their reserved portion. Employees' portion

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