New Launch – Ecostar Business

IDFC MF’s Two fixed-income funds

Ecostar Editor MagJuly 8, 20211916 Views0

The IDFC Gilt 2027 Index Fund will mature on June 30, 2027, and the IDFC Gilt 2028 Index Fund will mature on April 05, 2028. IDFC Mutual Fund has launched two innovative fixed income open-end funds - the IDFC Gilt 2027 Index Fund and the IDFC Gilt 2028 Index Fund. These are maturity index funds that will invest in government securities and treasury billsthat constitute the CRISIL Gilt 2027 Index and Gilt 2028 Index respectively. Target Maturity Funds have a defined maturity date, unlike regular open-end mutual funds that remain open indefinitely. Upon maturity, the net asset valueof these funds will be paid back to unitholders. Additionally, IDFC's Gilt Index Funds will invest only in sovereign rated instruments - which are guaranteed by the Government of India - thereby reducin...

Covid-19New Launch

Oral Covid-19 Vaccine on the way

Ecostar Editor MagJuly 8, 20211872 Views0

Premas Biotech, a developer of novel biotherapeutic and vaccine candidates, with Oramed Pharmaceuticals, announced the development of an oral Covid-19 vaccine that has shown efficacy after a single dose. Premas, Oramed and other shareholders, have formed Oravax Medical, which has received exclusive licenses from Oramed and Premas to develop oral COVID-19 vaccines. After a single dose of the Oravax COVID-19 capsule, efficacy was evident through antibody production in a pilot animal study. Oravax's vaccine promoted both systemic immunity through Immunoglobulin G (IgG), the most common antibody in blood and bodily fluids that protect against viral infections and Immunoglobulin A (IgA) protects the respiratory and gastrointestinal tracts against infection. Premas'protein-based VLP (vir...

BankingNew Launch

Ujjivan’s women savings account

Ecostar Editor MagJuly 8, 20212155 Views0

The account comes with many benefits including interest of up to seven per cent on balance. jjivan Small Finance Bank, Ua part of Ujjivan Financial Services, launched Women Savings Account named Garima Savings Account. The account will offer multiple customised benefits to women including up to seven per cent interest on the savings account. Through the product, the bank aims to serve financially aware and economically active women by being a companion in their day-to-day banking needs. The account offers a higher cashdeposit and free unlimited withdrawal at any of its branches with no additional charges for non home branch transactions. Customers would also enjoy unlimited free NEFT and RTGS transactions through internet banking and mobile banking. The account comes with a persona...

New Launch

India Medtronic’s TYRX Envelope

Ecostar Editor MagJuly 7, 20211516 Views0

TYRX is a value-based offering aimed at lowering infection risk and reducing readmission rates with the long-term goal of creating better outcomes. India Medtronic launched TYRX Absorbable Antibacterial Envelope (TYRX Envelope), an absorbable, single-use, antibacterial envelope designed to stabilize a cardiac implantable electronic device (CIED) or implanted neurostimulator while releasing antimicrobial agents over a minimum of seven days. Constructed from a multifilament, knitted absorbable mesh, the TYRX Envelope holds the CIED device and is fully absorbed by the body approximately nine weeks after implantation. It can be used with any implantable defibrillator, pacemaker, or neurostimulator. Annually in India, 50,000 people with heart conditions receive a CIED, such as a pacemak...

HealthcareNew Launch

Oral Covid-19 vaccine on the way

Ecostar Editor MagMarch 22, 20212253 Views0

Premas Biotech, a developer of novel biotherapeutic and vaccine candidates, with Oramed Pharmaceuticals, announced the development of an oral Covid-19 vaccine that has shown efficacy after a single dose. Premas, Oramed and other shareholders, have formed Oravax Medical, which has received exclusive licenses from Oramed and Premas to develop oral COVID-19 vaccines. After a single dose of the Oravax COVID-19 capsule, efficacy was evident through antibody production in a pilot animal study. Oravax’s vaccine promoted both systemic immunity through Immunoglobulin G (IgG), the most common antibody in blood and bodily fluids that protects against viral infections and Immunoglobulin A (IgA) which protects the respiratory and gastrointestinal tracts against infection. Premas’ protein-base...

New Launch

Hunar Haat

Ecostar Editor MagFebruary 15, 20211704 Views0

Hunar Haat is an effective platform for talented artisans and craftsmen from Indian villages. The Union Minister for Road Transport and Highways and MSME, Nitin Gadkari inaugurated the Hunar Haat through video-conference. Economic development is a must for the nation’s overall development. Eradication of poverty is a priority of the Modi Government. Hunar Haat is playing an important role in this regard, he said. Hunar Haat provides an effectiveplatform to the needy especially the talented artisans and craftsmen from India’s villages. When these indigenous products will reach international markets and Indian artisans will become prosperous. "That will fulfil our dream", he said. ...

New Launch

Voosh with seed-funding

Ecostar Editor MagFebruary 15, 20211978 Views0

Voosh aims to create India's most trusted family of delivery-only brands by catering to the needs of customers by location while empowering its restaurant kitchen partners. India's first kitchenless virtual restaurant brands company. Voosh. today announced it has raised a pre-seed round of funding led by Better Capital. The round also saw participation from some of the best food-tech founders and other executives who are backing the Voosh's vision include. Vivekananda Hallekere, Founder of Bounce. Hitesh Ahuja. Founder of Yumlane. Anuj Rathi. VP of Product at Swiggy. Ashish Chatterjee. VP-Product at Swiggy. Vivek Sekar. CBO at Freight Tiger and Sundeep Teki, ex- Al & ML Head at Swiggy. This funding will be utilized to build the Voosh OS product that optimizes kitchen operation...

New Launch

Isles of Wealth

Ecostar Editor MagNovember 17, 20201974 Views0

When the loot becomes a lottery Looters have havens when an economy thrives on the bounty. In 1992, India signed a Financial Criminal Extradition Treaty with Britain. In 28 years since then none, but one runaway Indian rich man could be brought back to India for any financial crime. The treaty was almost a farce. There is a strange British law on the extradition of financial criminals who migrate to Britain or the Virgin Islands under its control. Most of the countries which signed the treaty hardly got back any of their runaway looters, because Great Britain has framed the law that binds the black money in such a way that it only encourages looters, who send their money into the haven. The British wealth management industry has been flourishing on this staggering looted wealth. ...

New Launch

Seagull Group launches job portal

Ecostar Editor MagNovember 17, 20202243 Views0

Dr Mulay is Member- Human Right Commission, Government of India, Former Secretary to Ministry of External Affairs, Indian High Commission to Maldives and Consul General of India to New York. A support for foreign placement expectants Those who look for an overseas placement will find in Seagull an amazing global job-hunting platform. That is easy for realising one’s dream and passion. Seagull International, a global human resource consultant, has launched its job portal www.seagulljobs4u.com for overseas and domestic job seekers. The portal was launched online by Dr Dnyaneshwar Mulay IFS (Retd.). Dr Mulay is Member-Human Right Commission, Government of India, Former Secretary to Ministry of External Affairs, Indian High Commission to Maldives and Consul General of India to New...

New Launch

CK Motors` electric two-wheelers

Ecostar Editor MagNovember 17, 20202073 Views0

The company is redefining the two-wheeler industry as all products have been designed to flawlessly match the requirements of the Indian roads Tiruppur based automobile company 'CK Motors' is all set to unveil its electric scooters and electric bicycles in India as it recognises a colossal need to make commute cleaner and sustainable automobile model. CK Motors is a joint manufacturing partner of Pure EV, which has been incubated out of Indian Institute of Technology (IIT) Hyderabad. Pure EV currently has its manufacturing facilities at Hyderabad and CK Motors is setting up full-fledged manufacturing unit operational at Coimbatore. Pure EV electric two- wheelers are fitted with duly patented lithium-ion battery, designed in IIT Hyderabad for superior quality and a user- friendly exp...