Tuesday, Sep 22 2020 | Time 22:51 Hrs(IST)
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  • SAD’s Chakka Jam decision clear bid to exploit farmers' sentiment: Amarinder
  • Punjab registers 1,498 fresh COVID cases, tally crosses 1 lakh mark
  • India continues to bring to Africa, best developmental experiences: Jaishankar
  • Mah: Aurangabad registers 358 new COVID-19 cases, 7 deaths
  • Crowdera & HubSpot to co-organise pro-bono 'Startup Acceleration Bootcamp' for start-ups, SMEs
  • Jharkhand records 1,207 fresh Covid cases, 10 more deaths
  • Labour contractor wounded in firing in Palghar
  • K'taka: COVID-19 cases spikes to 533850, death toll to 8228
  • Wind might cause a little bit of difficulty to the bowlers: Kamlesh Nagarkoti
  • Need to take decision on development of dangerous buildings in Bhiwandi: minister
  • India, China agree to stop sending more troops to frontline in Ladakh
  • J&K CS reviews major projects of Jammu division, bats for expedite of work
  • Lok Sabha to be convened at 1800 hrs on Wednesday
  • Nagaland today detects 60 new COVID-19 positive cases
  • Coordination between Centre and state is the main issue: Hemant Soren
Business Economy


Cracking Tough Markets, Xoxoday Achieves a 3X Growth Organically

BENGALURU, Dec. 10, 2019 /PRNewswire/ -- Xoxoday, a Bengaluru-based SaaS company, grew their revenues by 300% this year while generating a whopping Rs. 300-350 crores annualised GMV, at a close-to-zero burn rate. Xoxoday products help organisations launch reward and incentive programs in under 60 minutes that otherwise takes about 2-3 months to implement. Despite innumerous reward tech offerings in the market, many organisations still struggle to execute their reward and incentive programs efficiently. Xoxoday addresses these gaps using campaign rule engines and powerful integrations with organisational information systems like HRMS or CRMs.

Xoxoday was founded back in 2012 and they currently offer three SaaS solutions: Empuls as an employee engagement solution, Compass as a channel incentive solution and Plum as a marketing reward management solution. Xoxoday products are used by over 1 million users across 1000 enterprises world-wide. Marquee brands like Allstate, MakeMyTrip, Oyo Rooms, Flipkart, Cargill, Infosys, AT&T, are some of their clients.
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Gold price down by Rs 560, touches Rs 37,600

22 Sep 2020 | 9:25 PM

Kochi, Sep 22 (UNI) The price of gold in Kerala declined by Rs 560 per sovereign and touched Rs 37,600 on Tuesday while the price per gram dropped by Rs 70 and was at Rs 4,700.

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Huawei and Intel Jointly Launch the Next-Gen FusionServer Pro V6 Intelligent Server

22 Sep 2020 | 9:09 PM

SHANGHAI, Sept. 22, 2020 /PRNewswire/ -- Today, the event of Working Together to Drive New Value — FusionServer Pro V6 Launch held by Huawei was broadcast live globally. This event saw the official launch of the Huawei FusionServer Pro 2488H V6, the latest member to the FusionServer Pro product family. This is a showpiece product that displays a perfect combination of innovation and superior performance. It is built on Huawei's commitment to industry partnerships for a prosperous computing industry, and marks a significant step to the rapid digital transformation of industries.

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Shipsy launches Network Module for Indian MSMEs/SMEs amid pandemic

22 Sep 2020 | 8:44 PM

New Delhi, Sep 22 (UNI) Shipsy -- a SaaS based venture -- on Tuesday announced to extend its platform for free of cost to the SMEs/MSMEs in India under its “Network Module” that will provide them access to connect with verified agents and get access to very competitive rates as well as much better service levels.

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Jennewein Biotechnologie GmbH and Chr Hansen A/S to join forces in high-growth Human Milk Oligosaccharides market

22 Sep 2020 | 8:32 PM

RHEINBREITBACH and BONN, Germany, Sept. 22, 2020 /PRNewswire/ -- Jennewein Biotechnologie GmbH agreed to join forces with Chr. Hansen Holding A/S, a leading bioscience company based in Hoersholm/Denmark, to lead the global market for human milk oligosaccharides (HMOs). Chr. Hansen entered into an agreement to acquire all shares in Jennewein Biotechnologie, the innovation and market leader in this high-growth market. Chr. Hansen plans to invest more than 200 million Euros until 2025 in new production assets so as to meet the increasing demand for HMOs.

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Eurisotop Responds to Market Demand for Deuterated Chloroform

22 Sep 2020 | 8:31 PM

SACLAY, France, Sept. 22, 2020 /PRNewswire/ -- Eurisotop, a wholly owned subsidiary of Cambridge Isotope Laboratories, Inc. (CIL), announced a capacity expansion of its deuterated chloroform production. Since its acquisition by CIL in 2001, Eurisotop has become a leading producer of deuterated NMR solvents and is the premier supplier of CIL stable isotope-labeled compounds in Europe. Eurisotop initially operated one reactor that produced 6 tons of deuterated chloroform per year. This new expansion consisted of adding a second reactor (twin reactors) and, when operating simultaneously and continuously, can produce tens of tons of product per year.

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