Friday, March 14

Month: May 2024

Ministry of Ayush Organises Sensitisation Event for Insurance Companies and Ayush Hospital Owners
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Feature, Health News

Ministry of Ayush Organises Sensitisation Event for Insurance Companies and Ayush Hospital Owners

New Delhi, May 28, 2024.With the objective to make Ayush treatments available to the last mile patient, stakeholders gathered to discuss the regulatory framework and policy support needed to mainstream Ayush treatments in health insurance schemes at the sensitization program organised by the Ministry of Ayush for Insurance Companies and Ayush Hospital Owners at the All India Institute of Ayurveda (AIIA).   The meeting was necessitated due to the recent Insurance Regulatory Development Authority (IRDAI) directions to bring Ayush treatments under health insurance cover effective April 01, 2024 and the need to create a deeper understanding between Ayush Hospitals & healthcare providers and the insurance sector stakeholders and foster affordable Ayush healthcare to citizens....
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LIC Q4 net profit rises 2 pc to Rs 13,763 crore
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Business News, Feature

LIC Q4 net profit rises 2 pc to Rs 13,763 crore

New Delhi, May 28, 2024.Insurance behemoth LIC on Monday posted a marginal 2 per cent increase in net profit at Rs 13,763 crore in the fourth quarter ended March 2024 as the corporation made provisions for wage hike.The insurer had earned a profit of Rs 13,428 crore in the corresponding quarter a year earlier.The total income of the insurer during the reporting quarter rose to Rs 2,50,923 crore from Rs 2,00,185 crore in the same period of the preceding fiscal, LIC said in a regulatory filing.
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Dish TV Q4 net loss widens to Rs 1,990 cr, revenue declines 19 pc to Rs 407 cr
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Business News, Entertainment News, Feature

Dish TV Q4 net loss widens to Rs 1,990 cr, revenue declines 19 pc to Rs 407 cr

New Delhi, May 28, 2024.Direct-to-home broadcast service provider Dish TV India on Monday said its consolidated net loss widened to Rs 1,989.69 crore in March 2024 quarter due to impairment of investments in OTT business Watcho as well as property, plant and equipment.The company had reported a net loss of Rs 1,710.62 crore in the January-March quarter a year ago, according to a regulatory filing.Its revenue from operations was down 19.38 per cent to Rs 406.95 crore during the quarter under review as against Rs 504.82 crore in the corresponding quarter.
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Shriram Finance FD Now Available on Bajaj Markets; Earn High Interest Returns
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Business News, Feature, National News

Shriram Finance FD Now Available on Bajaj Markets; Earn High Interest Returns

New Delhi, May 28, 2024.Bajaj Markets, a digital financial marketplace, has partnered with Shriram Finance to offer high-yielding Fixed Deposits (FDs) online. This partnership aims to provide customers a secure investment option, offering interest rates of up to 9.40% p.a. The Shriram Finance Fixed Deposit caters to a diverse range of investors, including senior citizens and women, offering additional benefits to maximise their returns. Senior citizens can earn 0.50% p.a. higher interest compared to non-senior citizens.One can enjoy the following benefits of investing in this FD:•  Additional interest of 0.10% p.a. for women•  0.25% p.a. increase in interest rate upon renewal•  Flexible tenors ranging between 12...
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Thermo Fisher Scientific launches ‘Make in India’ Air Quality Monitoring Systems to support India’s clean air initiatives
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Thermo Fisher Scientific launches ‘Make in India’ Air Quality Monitoring Systems to support India’s clean air initiatives

Pune, May 28, 2024.Thermo Fisher Scientific, the world leader in serving science, has announced the commencement of manufacturing of Air Quality Monitoring System (AQMS) analyzers in India. The analyzers will be engineered, manufactured and validated at Thermo Fisher’s facility at Nasik, Maharashtra. Thermo Fisher has been supporting leading players in cement, metals, mining, oil and gas, power, chemicals and other industries in India with these analyzers, manufactured at its facilities in the USA and China. The analyzers are then assembled into Make in India Class 1 Continuous Ambient Air Quality Monitoring Station (CAAQMS) at its Pune facility.By now manufacturing these analyzers in India, Thermo Fisher has further fortified its commitment to India’s localization and env...
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Record breaking heat in Jaipur, mercury reached 46.4 degrees: second hottest day in 10 years
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Feature, Rajasthan News

Record breaking heat in Jaipur, mercury reached 46.4 degrees: second hottest day in 10 years

Jaipur, May 28, 2024.The scorching heat in Jaipur has broken the record of 7 years. The maximum temperature in the capital Jaipur reached 46.4 degrees on Monday, which is the second hottest day in 10 years in the month of May. This is 4.6 degrees more than the average. Earlier on May 19, 2016, the maximum temperature recorded in Jaipur was 46.5 degrees.The scorching heat and heat waves have made life miserable in Jaipur. Even today, strong sunlight and heat wave will trouble the general public. The Meteorological Department has issued an orange alert in Jaipur for the next 24 hours. During this period, hot winds can trouble the common man during the day as well as at night.
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Samsung Unveils Galaxy F55 5G with Classy Vegan Leather Design
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Business News, Feature, National News

Samsung Unveils Galaxy F55 5G with Classy Vegan Leather Design

Gurugram, May 27, 2024.Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy F55 5G, the most premium Galaxy F series smartphone.Galaxy F55 5G’s sleek and stylish aesthetics, along with a premium vegan leather finish back panel makes it an eye-catching device. With Galaxy F55 5G, Samsung will be launching a classy vegan leather design smartphone for the very first time in the F-Series portfolio. Galaxy F55 5G stands out with segment-leading features such as Super AMOLED+ display, powerful Snapdragon 7 Gen1 processor, 45W super-fast charging, four generations of Android upgrades and five years of security updates, ensuring users can enjoy the latest features and enhanced security for years to come.“With Galaxy F55 5G, Samsung will be offering a cl...
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Dr Rashmi Saluja conferred the International Buddha Peace Award by the Myanmar Embassy
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Feature, National News

Dr Rashmi Saluja conferred the International Buddha Peace Award by the Myanmar Embassy

New Delhi, May 27, 2024.Dr Rashmi Saluja, Executive Chairperson, Religare Enterprises and Chairperson, GTTCI {Global Trade & Technology Council (India)}, was awarded the International Buddha Peace Award at the ‘Mahasaddhammajotikadhaja’ Title conferring Ceremony on Sunday, 26 May 2024. The ceremony that took place at the Myanmar Embassy in New Delhi was presided over by His Excellency Mr. Moe Kyaw Aung, Ambassador of the Republic of the Union of Myanmar to India.Dr Saluja was recognized for her contributions to promoting peace and global harmony. In her acceptance speech, Dr Saluja highlighted the urgent need for peace in today's world. She said, “In these challenging times, the need for peace is more critical than ever. India has always been at the forefront of promoting peace...
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IIM Lucknow and Emeritus Launch Executive Programme in Strategic Management to Empower Leaders with Strategic Management Excellence
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Feature

IIM Lucknow and Emeritus Launch Executive Programme in Strategic Management to Empower Leaders with Strategic Management Excellence

Mumbai, May 27, 2028.In an age defined by relentless market dynamics, the ability to anticipate, adapt, and capitalise on emerging opportunities is essential for organisational success. Additionally, achieving sustained differentiation and profitability for businesses hinges on their ability to make a shift towards strategic management. Acknowledging this pivotal need to equip professionals with the ability to leverage new technologies and think strategically, the Indian Institute of Management Lucknow (IIM Lucknow), a leading business school which is ranked 4th amongst all B-schools in India (ranked by FT-100), announced the launch of its 6th batch of Executive Programme in Strategic Management in partnership with Emeritus, a global pioneer in offering accessi...
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Hiring for new roles to take 27 percent efforts of HR professionals in FY25: Report
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Feature, National News

Hiring for new roles to take 27 percent efforts of HR professionals in FY25: Report

New Delhi, May 27, 2024.Recruitment activities are expected to be focused on filing new positions in 2024-25 as hiring for fresh openings will make up 27 per cent of talent hunting efforts of employers across sectors, a report said on Thursday.Hiring for replacements for existing positions will take at least 23 per cent of recruitment efforts in the current fiscal, said staffing solutions and HR services provider Genius Consultants’ Hiring, Compensation, and Attrition Management report.“The hiring outlook for 2024-25 across the industry indicates a strong focus on new position hiring, which will make up 27 per cent of recruitment efforts. This strategic direction reflects a commitment to meeting the evolving demands of the market and the infusion of fresh talent,” Genius Consul...
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BharatPe, PhonePe amicably settle all long-standing trademark disputes on ‘Pe’ suffix
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Business News, Feature, National News

BharatPe, PhonePe amicably settle all long-standing trademark disputes on ‘Pe’ suffix

New Delhi, May 27, 2024Fintech unicorns BharatPe Group and PhonePe Group have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix ‘Pe’, both companies said in a joint statement.BharatPe and PhonePe had been involved in long-drawn legal disputes across multiple courts, over the course of the last five years. The settlement will put an end to all open judicial proceedings, the statement said.“BharatPe and PhonePe amicably settled all long-standing trademark disputes,” the statement said.As a next step, parties have already taken steps to withdraw all opposition against each other in the trademark registry, which will help them to proceed with the registration of their respective trademarks, the statement said.
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Tata IPL 2024 Award Winner
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Sports News

Tata IPL 2024 Award Winner

New Delhi, May 27, 2024.: In a one-sided final that saw the Sunrisers Hyderabad being dismissed for the lowest ever total in an IPL Final, the Kolkata Knight Riders were crowned champions for the third time in their history. Chasing down a measly 114, KKR won the game by eight wickets, powered by a half-century of Venkatesh Iyer at the MA Chidambaram Stadium in Chennai. Earlier, the SRH captain Pat Cummins won the toss and elected to field first. The KKR bowlers responded by putting the SRH batters on the backfoot straight away as Mitchell Starc struck in the first over itself, getting rid of Abhishek Sharma. While Starc went on to nab another wicket, Andre Russell was the pick of the bowlers with three on the night.IPL 2024 champions Kolkata Knight RidersEmerging player of th...
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Saif Ali Khan, Siddharth Anand reuniting for new project
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Entertainment News, Feature

Saif Ali Khan, Siddharth Anand reuniting for new project

Mumbai, May 27, 2024.Filmmaker Siddharth Anand says he is back on set with his "first hero" Saif Ali Khan for a new project.The director, who made his directorial debut in 2005's "Salaam Namaste" starring Saif, shared the update on Instagram on Sunday."Back on set with my first hero! How can nothing change! Haha! Love you Saif!" Siddharth captioned a couple of pictures from Budapest, Hungary.
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Four Seasons Festive Showcase Celebrates Timeless Heritage with Akutee and Nebula by Titan
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Business News, Fashion & Lifestyle, Feature

Four Seasons Festive Showcase Celebrates Timeless Heritage with Akutee and Nebula by Titan

Bangalore, May 27, 2024.Elegance met artistry at Four Seasons Hotel Bengaluru, in an evening epitomised by luxury and sophistication. For one night only, the hotel’s exclusive club lounge - The Collection, known for serving premium whiskies, fine cigars and gourmet hors d’oeuvres, played host to the Four Seasons Festive Showcase. Luxury met artistry, and every detail was a testament to excellence and stories of craftsmanship and innovation. “The event is an embodiment of our commitment to providing our guests with unforgettable experiences that go beyond traditional hospitality,” says Shalabh Arora, Director of Marketing at the hotel. Akutee: The series began with a presentation by bespoke apparel brand Akutee, conceived by mother-daughter duo, Urm...
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Air India announces salary hike up to rs 15000 per month for pilots annual performance bonus
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Feature, National News

Air India announces salary hike up to rs 15000 per month for pilots annual performance bonus

New Delhi, May 2024.Air India announced annual salary increments for its staff, and also introduced an annual target performance bonus for pilots, according to sources.  This is the first appraisal process after Tata Group took over the loss-making airline a little over two years ago.Air India CHRO Ravindra Kumar GP announced salary increments for employees, with effect from April 1, 2024, as well as performance bonus payouts for FY 2023-24 based on company and individual performance, sources said.Pilots will get an increase of ₹5,000 to ₹15,000 per month in their fixed pay. Also, they will be entitled to annual target performance bonus ranging from ₹42,000 to ₹1.8 lakh. This payout will be based on company and individual performance.Similarly cabin crew will be paid annua...
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Axiscades’ arm gets Rs 90 crore order from BEL
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Axiscades’ arm gets Rs 90 crore order from BEL

New Delhi, May 27, 2024.Engineering solutions provider Axiscades on Monday said its arm has received an order worth Rs 90 crore from the state-owned Bharat Electronics Ltd.The order entails the design, development, and supply of eight radar processing systems for the Arudhra Medium Powered Radar (MPR), a project of Bharat Electronics Ltd (BEL), for the defence sector, Axiscades said in a statement.Axiscades' subsidiary Mistral has secured a Rs 90 crore order from BEL for supply of radar processing systems. The systems will be delivered over a span of four years, it said.
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Magicpin launches “Abki baar 40% paar” campaign for Election 2024
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Feature, National News

Magicpin launches “Abki baar 40% paar” campaign for Election 2024

New Delhi, May 2024.•  Introduces “Abki baar 40% paar” to offer upto 40% discount on 1,000+ offline food restaurants, local eateries and fashion outlets in Delhi-NCR on voting day•  magicpin with ONDC launches social media movement ‘“Show the finger’” to extra delivery charges on food delivery orders•  Vote and save big with upto 40% discounts in Delhi-NCR on 25th May In an effort to promote civic duty among young voters with rewarding savings, magicpin - India's largest and only offline discovery and savings Super App has launched “Abki baar 40% paar” campaign for Election 2024. This initiative aims to encourage voter participation by offering up to 40% discounts at over 1,000 offline food restaurants, local eateries and fashion outlets in the...
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Samsung ‘Solve for Tomorrow’ Conducts First Ever Design Thinking Workshop to Develop Problem-Solving Skills in School Students
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Feature, National News

Samsung ‘Solve for Tomorrow’ Conducts First Ever Design Thinking Workshop to Develop Problem-Solving Skills in School Students

Kota, May 2024.Samsung, India’s largest consumer electronics brand, has introduced the first ever design thinking & training workshop in select schools across the country. This unique initiative, part of Samsung’s ‘Solve for Tomorrow’ programme, focuses on enhancing essential skills such as problem-solving, critical thinking, probing, and creativity among students through the Human-Centered Design Thinking framework. The national education and innovation competition aims to foster a culture of innovation amongst the next generation.Tailored specifically for India, the one-day workshop has been conceptualised to encourage students to appreciate the idea of design thinking and nudge them to identify and solve real-world problems. As part of the academic curriculum, Human-Centered...
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Bachelors Degrees conferred on 205 Cadets at the 146th NDA Convocation ceremony
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Feature, National News

Bachelors Degrees conferred on 205 Cadets at the 146th NDA Convocation ceremony

New Delhi, May 24, 2024. The Convocation Ceremony of 146th course of National Defence Academy was held at the Habibullah Hall in NDA, Pune on May 23, 2024. A total of 205 cadets were conferred the prestigious Bachelors degree from Jawaharlal Nehru University.      The Chief Guest for the occasion was Vice Chancellor, Central University of Himachal Pradesh, Dharamshala & Vice Chancellor (Addl Charge), Himachal Pradesh University, Shimla, Prof (Dr) Sat Prakash Bansal. A total of 82 cadets were conferred degree in Science stream, 84 cadets in Computer Science stream and 39 cadets in Arts stream. 17 cadets from friendly foreign countries were also awarded degrees during the Convocation Ceremony. In addition, the B Tech stream comprising of 132...
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NTPC successfully concludes National Finales of Power Quiz 2024 and Medha Pratiyogita 2024
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Feature, National News

NTPC successfully concludes National Finales of Power Quiz 2024 and Medha Pratiyogita 2024

New Delhi, May 24, 2024.NTPC proudly hosted the National Finales of the Power Quiz 2024 and Medha Pratiyogita 2024 at the Power Management Institute (PMI), Noida, celebrating an enriching journey of learning, knowledge sharing, and healthy competition among employees and their families.A total of 1,820 teams participated in these events, with 570 teams competing in the Power Quiz 2024 and 1,250 teams competing in Medha Pratiyogita 2024.The Power Quiz, spanning 47 days, aimed to create an environment of learning and knowledge sharing among employees while enhancing awareness about developments in the energy sector.The winners of the inaugural edition of NTPC Power Quiz 2024 are Shri Prag Sood from NTPC Telangana and Shri Harmeet Bagga from NTPC Ramagundam.Medha Pratiyogi...
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FTII student bags ‘La Cinef’ Award at 77th Cannes Film Festival
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Entertainment News, Feature

FTII student bags ‘La Cinef’ Award at 77th Cannes Film Festival

New Delhi, May 24, 2024.SUNFLOWERS WERE THE FIRST ONES TO KNOW”, a course end film by Chidanand Naik, a student of Film and Television Institute of India (FTII), received the Cannes’ La Cinef Award for Best Short at 77th Cannes Film Festival in France. The winner was officially announced on 23rd May 2024 at the festival where the student Director Shri Chidanand Naik received the award.The film has been directed by Chidananda S Naik, shot by Suraj Thakur, edited by Manoj V and sound by Abhishek Kadam.This is a historic moment for the Indian Cinema. Indian films have been receiving accolades at international stage, particularly FTII has performed remarkably well at Cannes with its students’ films being screened at the festival in past few years. The current recognition comes...
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Jio Financial eyes Rs 36,000 crore deal with Reliance Retail
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Business News, Feature, National News

Jio Financial eyes Rs 36,000 crore deal with Reliance Retail

New Delhi, May 24, 2024.Jio Financial Services (JFS) is eyeing a deal worth Rs 36,000 crore with the retail arm of Reliance Industries (RIL), as it plans to step into the device leasing business, as per a postal ballot notice from the company.According to the proposal, a unit of JFS, named Jio Leasing Services, will acquire telecom equipment and devices, including routers and cell phones. The approval from shareholders is still pending for the proposal.Jio Leasing Services aims to enter the operating lease business using a Device-as-a-Service (DaaS) model.In this model, businesses or individuals lease goods along with associated services rather than buying them outright. These services usually include installation, maintenance, support, and sometimes updates.Reliance Re...
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