Saturday, Feb 16 2019 | Time 17:15 Hrs(IST)
  • Two people die, 5 injured in road mishap in Punjab
  • President to attend on Sunday closing ceremony of Agri Leadership Summit at Sonepat
  • 22 militants killed in airstrikes in central Afghanistan
  • Vidarbha lift Irani Cup for second consecutive time
  • Sacrifices shall not go in vain, will avenge Pulwama deaths, assures PM Modi
  • Substituting Punjabi with Sanskrit as 2nd language in HP schools, denial of rights: AAP
  • Communal harmony necessary to fight terrorism: Mulayam Singh Yadav
  • Four drug peddlers arrested with 2,100 boxes of illicit liquor in UP
  • Three killed in traffic accident in SE France
  • MHA issues advisory to all states to ensure safety & security of people
  • EJAC protests in Srinagar against attack on Kashmiris in Jammu
  • MHA issues advisory to all states to ensure safety & security of people
  • All party meet says country stands with forces in fighting terror, Home Min says Govt will take war against Pak to its logical conclusion
  • POCSO Court orders CBI to probe role of Nitish in Muzaffarpur based shelter home case
  • Russia recorded four ceasefire violations in Syria over past 24 hours - Russian Military
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Acads360 to expand its net work to Bangalore soon: Nitesh Reddy

(Rptg, correcting year in para 3)
Hyderabad, Sep 19 (UNI) City-based Acads 360 India Private limited Founder and CEO Nitesh Reddy today said that the company will expand its network to Bangalore in November this year and further to Pune and Chennai in the subsequent months.
Talking to newsmen here, Mr Reddy along with company Co-Founder and CMO Ravi Kumar said that the company was launched in 2015 by a team of young innovators, alumni institutions like IITs, IIMs and BITS.
Speaking on its highly innovative and disruptive e-procurement product PRM360 which had been launched in November 2016, Mr Reddy said that the user friendly PRM360 was designed to effectively select vendors, effortlessly post requirements, efficiently evaluate vendor’s technical and commercial offerings. “The seamless integration of PRM360 and customization as per client’s needs can ensure 15 per cent net saving on account of online bidding and over 70 per cent savings on man hours due to auto-quotation follow ups and comparison of the quotes. It brings in several advantages for an organization like savings on expenditure and transparency in procurement cycle”, he said.
While claiming it was first of its kind in India, the Company CEO said that during the pilot phase, PRM360 had saved Rs 4.96 crore on a transaction turnover of Rs 54.12 crore for the 126 clients. The average turnaround time for these transactions was a dismal 27.3 hours.
He said that the company is planning to expand its net work to 10 cities by the end of 2018. The head count also increased to 100 from present 26. The clients also targetted to 500 from the present 127 during the same period. The majority of clients are pharma, energy and hospitals, he added.
More News
Fuel prices rise on Saturday; petrol costs Rs 70 60 p/l in Delhi

Fuel prices rise on Saturday; petrol costs Rs 70 60 p/l in Delhi

16 Feb 2019 | 4:04 PM

New Delhi, Feb 16 (UNI) Fuel prices witnessed a hike on Saturday for the third consecutive day as the petrol and diesel rates were surged between 9 to 14 paise.

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Germany's Steinbeis signs MoUs various for Technology Transfer in India

16 Feb 2019 | 3:48 PM

New Delhi, Feb 16 (UNI) With an aim to implement the German model of Innovation and technology
transfer and help the MSME sector grow in India, Steinbeis Centre for Technology Transfer, Germany signed MoUs with UKSDM (Uttarakhand Skill Development Mission) for setting up Dual TVET Studies Centre in
Uttarakhand, a statement here said.

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Pulwama attack: Trade body announces bandh in 18 states on Feb 18

16 Feb 2019 | 3:47 PM

New Delhi, Feb 16 (UNI) Confederation of All India Traders on Saturday announced that most of the states will observe Trade Bandh on February 18 to depict their solidarity with nation, government and the bereaved families of the martyrs'.

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16 Feb 2019 | 3:46 PM

Ahmedabad, Feb 16 (UNI) The Ahmedabad commodities market like Gur, Grain, Sugar, Cotton, Oil, Bullion and others remained closed on Saturday in view of a bandh call given by all the Market yards.

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Bullion Market Closing rates

Bullion Market Closing rates

16 Feb 2019 | 3:32 PM

Chennai, Feb 16 (UNI) Following is the bullion markets
closing rate here today.

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