Walmart’s innovative programme

Walmart India, a wholly owned subsidiary of Walmart Stores Inc., announced an innovative entrepreneurship development programme for women-owned businesses (WOBs) with the aim of enhancing their skills, capability and sustainability. The company is working with WEConnect International and Vrutti to implement the training programme. The initiative is designed to help women entrepreneurs achieve higher levels of business growth through a training curriculum, which will be delivered through workshops and mentoring sessions with technical experts, established women-owned businesses (WOBs), academic experts and business managers. The training programme will aim to develop business acumen among women. The first phase of the programme will include participation of 25 WOBs in Delhi, Uttar Pradesh, Punjab, Andhra Pradesh and Telangana. Applications for the programme will soon be available on websites of Walmart India (www.wal-martindia.in), WEConnect International (http://weconnectinternational.org/en/india) and Vrutti (http://www.vrutti.org). Announcing this, Krish Iyer, president and CEO, Walmart India, said: “We are extremely delighted to support women-owned businesses as part of our supply chain in India. Enhancing the capacity of women entrepreneurs and providing them with the skills to scale up their business will ultimately help Walmart India continue to offer great assortment and quality local products to our customers.”

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British Paints launches exterior paint

British Paints have come up with their latest offering – “EXPA 7 Advanced Exterior Emulsion”. Formulated using cutting-edge technology, British Paints has recently developed an ultra-high performance exterior paint EXPA 7 Advanced Exterior Emulsion. This product is based on a unique blend of acrylic and special additives which delivers high performance. The product safeguards the exterior surface from the extremities of Indian weather and performs exceptionally well to withstand the test of time to keep the house in a beautiful condition. During development, the product was exhaustively tested in some of the harsh environments of the country to check its quality so that customers get full value for their money The performance of the prodct was tested in terms of toughness, flexibility, UV resistance, water resistance, dirt pick-up resistance and anti-microbial performance was found to be outstanding in the product. The paint will provide long term benefits to the customers.

Mahindra Finance gets new licence

Mahindra Finance announced that its wholly owned subsidiary, Mahindra Asset Management Company Private Limited, has received a licence to manage the Mahindra Mutual Fund. Ramesh Iyer, the Financial Services Sector President of the Mahindra Group and the MD of Mahindra Finance, said in keeping with our mission of “Transforming rural Lives”, we believe that the mutual fund business would enable us to provide investment options to rural customers that enable them in improving the quality of their lives by creative innovative products that are tailored to their needs. “Our customer base of nearly 4 million and over 1,200 branches of Mahindra Finance will play a critical role in ensuring success in the mutual fund business through best in-class customer service. We believe the business will be greatly benefited by the goodwill of Mahindra brand and through Mahindra Eco System,” said Ramesh Iyer.—TNS