Tuesday, July 1

Month: October 2024

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Automobile News, Business News, Feature

Toyota Kirloskar Motor Introduces Limited Festival Edition of Toyota Rumion

Bangalore, 21st October 2024.Making this festive season special for car buyers, Toyota Kirloskar Motor (TKM) today introduced the Festive Edition of the Toyota Rumion. This Limited-Edition, featuring exclusive Toyota Genuine Accessory (TGA) packages aimed at enhancing the Rumion's aesthetics and comfort is the perfect mobility choice to celebrate the season in elegance and style.This festive edition of the Rumion, available across all grades, comes with a dealer-fitted TGA package worth ₹20,608, ensuring that customers enjoy a premium experience.The Festival Limited Edition TGA package features:Back Door GarnishMud FlapsRear Bumper GarnishDeluxe Carpet Mat (RHD)Head Lamp GarnishNumber Plate GarnishDoor Visor - ChromeRoof Edge SpoilerBody Sid...
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Tata Motors wins order to supply 1000 bus chassis to Uttar Pradesh State Road Transport Corporation

Mumbai, 21st October, 2024.Tata Motors, India's largest commercial vehicle manufacturer, announced that it has received a prestigious order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 units of the Tata LPO 1618 diesel bus chassis. The order was won by Tata Motors following a competitive e-bidding process conducted via the Government tendering process, and the bus chassis will be supplied in a phased manner as per mutually agreed terms.This latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, and which are currently running efficiently by the UPSRTC. Designed for safe intercity and long-distance travel, Tata LPO 1618 diesel bus chassis deliver superior performance and excellent passeng...
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Rajadhiraaj: Enchanting Story of Shri Krishna’s Love, Life, Leela to Continue Its Spectacular Run at Delhi’s Jawaharlal Nehru Stadium
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Entertainment News, Feature

Rajadhiraaj: Enchanting Story of Shri Krishna’s Love, Life, Leela to Continue Its Spectacular Run at Delhi’s Jawaharlal Nehru Stadium

New Delhi, October 21, 2024.After an overwhelmingly successful run in Mumbai, the world’s first mega musical on Shri Krishna, Rajadhiraaj: Love Life Leela, is set to enchant audiences in New Delhi at the iconic Jawaharlal Nehru Auditorium, with shows scheduled from November 29th to December 8th, 2024. Conceptualized and brought to life by the visionary Dhanraj Nathwani, this spectacular production has redefined Indian theatre, offering an unprecedented portrayal of the magnanimity and grace of Shri Krishna through a mesmerizing theatrical experience.In the landscape of Indian theatre, no production has matched the scale and emotional depth of Rajadhiraaj: Love Life Leela. The musical masterpiece, which ran to packed audiences at the Nita Mukesh Ambani Cultural Centre’s (NMACC) Gran...
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World University of Design’s CULT Festival 2024

New Delhi, October 2024.World University of Design (WUD), India’s first University dedicated to education in the creative domain, has once again demonstrated its dedication to providing a comprehensive and well-rounded education with the successful conclusion of its annual CULT Festival. The three-day extravaganza, held from October 16 to 18, 2024 at WUD campus in Sonipat, brought together over 4000 participants from more than 70 institutions across India, celebrating the fusion of sports, arts, culture and design.This year’s festival, a three-day celebration of sports, art, and design, brought together students from diverse educational backgrounds to compete and collaborate in various events. By integrating the competitive spirit of sports with the freedom of artistic expression, ...
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Business News, Feature, National News

India Mobile Congress 2024 concludes to a grand success with over 1.75 lac participants attending Asia’s Largest Digital Technology Forum

New Delhi, October 2024.The 8th Edition of India Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), concluded by achieving the largest participation ever with over 1.75 lac participants attending the 4-day forum. The event was inaugurated by Hon’ble Prime Minister Narendra Modi, who called for global standards in ethical AI and data privacy and highlighted India’s tremendous opportunity to advance 6G technology for the world during his inaugural speech.India Mobile Congress, Asia’s largest digital technology forum, has become a well-known platform across the globe for showcasing innovative solutions, services and state-of-the-art ...
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Tech Mahindra reports 153% YoY growth in PAT at Rs. 1,250crores; interim dividend declared at Rs. 15 per share

Mumbai – October 21st, 2024.TechMahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for its quarterended September 30th, 2024.Financial highlights for the quarter (USD)Revenue USD 1,589 mn; up1.9% QoQ, up 2.2% YoYRevenue grew by 0.7% QoQ, up by 1.2% YoY in constant currency termsEBITDA USD  209mn; up 11.3% QoQ,up 61.4% YoYEBITDA Margin 13.1%, up 110bps QoQ, up480bps YoYProfit after tax (PAT) USD 149mn; up 46.1% QoQ, up 150.7% YoYPAT Margin 9.4%, up 280 bps QoQ, up 560 bps YoYFree cash flow USD 157mnNew deal winsTCV USD 603mn  Financial highlights for the quarter (₹)Revenue ₹ 13,313crores; up2.4% QoQ, up3.5% YoYEBITDA ₹ 1,750crores; up 11.9% QoQ...
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Great Learning achieves topline growth and profitability in FY24. Revenue grew by 23% while managing positive EBITDA & Net Profit.

Bengaluru, 21st October 2024.Great Learning, a leading global EdTech company for higher education and professional training has registered a 23% YoY growth in revenue in FY24. Its revenue was 118MN USD and both EBITDA and Net Profit were positive for the fiscal year. In a year that’s been marked by a tough economic environment, uncertainty due to AI, and negative sentiment about EdTech in particular, this is a truly noteworthy achievement.The company’s noteworthy performance in FY24 comes on the back of its emergence as a leading global provider of AI upskilling while maintaining a sharp focus on profitability. Great Learning continues to see robust growth in international markets such as North America and Europe.Since last year, the company has been adding several new collabor...
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Business News, Feature

Kotak Mahindra Bank Announces Results

Mumbai,  October, 2024.The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2024, at the Board meeting held in Mumbai, today.Consolidated results at a glanceConsolidated PAT for Q2FY25 was ₹ 5,044 crore, up 13% YoY from ₹ 4,461 crore in Q2FY24. PAT of Bank and key subsidiaries given below:PAT (₹ crore)Q2FY25Q2FY24Kotak Mahindra Bank3,3443,191Kotak Securities444324Kotak Mahindra Life Insurance360247Kotak Mahindra Prime269208Kotak Asset Management &Trustee Company197124Kotak Mahindra Investments141126Kotak Mahindra Capital Company9027BSS Microfinance16108At the consolidated level, Return on Assets (ROA) for Q2FY25 (annualized) was 2.53% (2.68% f...
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Business News, Feature

GE Aerospace’s LM2500 to Power Indian Navy’s Next Generation Missile Vessel

New Delhi, October 2024.GE Aerospace’s LM2500, engineered for reliability and performance, has been chosen to power the Indian Navy’s Next Generation Missile Vessels (NGMV) built by Cochin Shipyard Limited located in Kochi, India.Six LM2500 marine gas turbine engine kits will be delivered by GE Aerospace for assembly and test by Hindustan Aeronautics Limited (HAL) Industrial and Marine Gas Turbine Division in Bangalore, India. Additionally, GE Aerospace will be supplying its composite base and enclosure, and full complement of gas turbine auxiliary systems.These engines will power the newest addition to the Indian Navy’s fleet, described as a force multiplier for their naval capability. This selection further reinforces the LM2500’s status as the unmatched leader in its class, a po...
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AI-based innovations shine at India Mobile Congress 2024; Over 750 AI-based use cases showcased

New Delhi, October 2024.Artificial Intelligence (AI) stood out as a key flavour of the season at India Mobile Congress 2024, as a diverse spectrum of tech and telecomcompanies, including startups andeducational institutes, showcased over 900 technology use case scenarios, including 750 AI-based use cases during the 4-day forum at Pragati Maidan, New Delhi. During his inaugural visit to IMC 2024, Hon’ble Prime Minister Narendra Modi interacted with pioneering startups like Signalchip, Wisig Networks, including women-led startups like Astrome and Easiofy Solutions, showcasing India's leadership in cutting-edge technology innovations.The focus of the AI enabled use cases was on conservation, convenience, efficiency, safety, automating hazardous tasks, assisting humans and more. On one...
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Introducing Galaxy A16 5G for INR 18999: Unleash Your Creativity Featuring a Triple Camera with Ultra-Wide,6 Years of OS Upgrades

Gurugram, October, 2024.Samsung, India’s largest consumer electronics brand, today announced the launch of the Galaxy A16 5G in India, starting INR 18999.Bringing awesome innovations to users at an accessible price, Galaxy A16 5G sets a new standard for mid-range smartphones in India by providing 6 generations of OS upgrades and 6 years of security updates.Samsung Galaxy A16 5G will be available in two variants – 8 GB/128 GB and 8 GB/256 GB in trendy colours such as Gold, Light Green and Blue Black. It will be available across retail stores, Samsung.com, and online platforms including Amazon.in and Flipkart.com, starting today.Awesome Design and Performance: Samsung Galaxy A16 5G has been engineered to be both sleek and practical. The device measures just 7.9mm in width, be...
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Toyota Kirloskar Motor Announces the Introduction of‘Festival Limited Edition’ of Toyota Glanza

Bangalore, October 2024.Marking the festive spirit, Toyota Kirloskar Motor today announced the introduction of‘Festival Limited Edition’of the Toyota Glanza. Customers can now enjoy exclusive dealer-fitted Toyota Genuine Accessory (TGA) packages, designed to elevate their driving experience with enhanced style, performance and comfort of the Glanzaduring this festive period.Celebrated for its advanced technology, sleek design, and high fuel efficiency, since 2019, the limited-edition Toyota Glanza comes equipped with 13exclusive TGA Package, worth ₹20,567. The vehicle features standout elements like premium chrome and black body side moulding, back door garnish chrome, and ORVM garnish chrome. Additional highlights include 3D floormat, door visor premium, and neck cushions (black &...
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400 Students of Samsung Innovation Campus Certified in Future-Tech Skills at Gautam Buddha University

New Delhi, October 2024.Samsung India’s flagship CSR programme, Samsung Innovation Campus, concluded the Artificial Intelligence (AI) course for 400 students of Gautam Buddha University in Greater Noida, Uttar Pradesh, reiterating the brand’s commitment to being a strong partner of the country and working alongside the Government in its mission of skilling the country’s youth and powering #DigitalIndia.The students were certified at a felicitation ceremony attended by Prof. R.K. Sinha, Vice Chancellor, Gautam Buddha University, alongside officials from Samsung and the Electronics Sector Skills Council of India (ESSCI).At the conclusion of the entire programme for the year, the toppers from each domain will be awarded a cash prize of INR 1 lakh and will get a chance to visit Sam...
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Kotak Mahindra Bank to Acquire Standard Chartered Bank, India’s Personal Loan Book

Mumbai, October 2024.Kotak Mahindra Bank Limited (“KMBL”) today announced that it has entered into an agreement to acquire the Personal Loan book (“Proposed Transaction”) of Standard Chartered Bank, India, further strengthening its position in the Retail Credit market.As of September 30, 2024, Proposed Transaction comprises a total loan outstanding of around ₹4,100 crore (equivalent to ~$490 million). The Proposed Transaction consists of loans classified as “Standard Loans” as per the Reserve Bank of India (RBI) guidelines. The transaction is expected to be completed over the next three months, subject to regulatory and other approvals and the satisfaction or waiver of customary closing conditionsand KMBL will acquire the loan book, which will be outstanding closer to the completio...
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Indian Bank signs MoU with Tata Motors to offer commercial vehicle financing solutions

Mumbai, 17th October, 2024.Indian Bank, one of India's leading public sector banks, has signed a Memorandum of Understanding (MoU) with Tata Motors, India's largest commercial vehicle manufacturer to offer attractive financing solutions to Tata Motors commercial vehicle customers and authoriseddealerships across the country. The bank will offer customised financial packages with competitive interest rates and streamlined credit processing. This partnership will provide tailored financial solutions for Tata Motors’ entire commercial vehicle portfolio including LNG (Liquefied Natural Gas) and electric range of commercial vehicles. Tata Motors and Indian Bank will also significantly scale up their partnership on dealer financing.Speaking on this announcement, Mr. Ashutosh Choudhury, E...
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MediaTek Outlines Roadmap for AI-Powered Chipsets Fuelling Generative AI Technology at IMC 2024

New Delhi, October, 2024.MediaTek, a leading global fabless semiconductor company powering over two billion connected edge devices yearly, reiterated its commitment to affordable and AI-powered chipsets at the India Mobile Congress (IMC) 2024. MediaTek is working on providing highly integrated and efficient system-on-chip products to realise the true potential of AI.This involves creating an ecosystem of edge-AI hardware processing paired with comprehensive software tools across its product range, including smartphones, laptops, smart homes, intelligent IoT in businesses, and smart vehicles.Mr. Anku Jain, Managing Director, MediaTek India, said, “MediaTek is uniquely positioned to drive and support the adoption of Generative AI applications and technologies. The recently launc...
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Toyota Kirloskar Motor Celebrates the Festive Season with Exclusive Limited Edition of Urban Cruiser Taisor

Bangalore, 16th October 2024.Adding to the festive fervour, Toyota Kirloskar Motor (TKM) today announced the Limited Edition of its highly popular model - Urban Cruiser Taisor. This special edition, designed with a focus on enhancing style, and premium-ness, comes with a well curated Toyota Genuine Accessories (TGA) package to elevate delight and excitement to customers.Available across all Turbo variants, the Limited Edition comes with a comprehensive TGA package of ₹20,160enhancing both the exterior and interior of the versatile UC Taisor. List of key features:Front and rear under spoilers in granite grey and red colorsPremium door sill guardsChrome garnishes for the headlamps and front grilleBody side moldingDoor visor premiumAll-weather 3D mats and a we...
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PM Narendra Modi Calls for global standards in ethical AI and data privacy; Industry leaders join to discuss the road ahead to digital transformation in the era of AI

New Delhi, October 2024.The 8th Edition of Indian Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), kicked-off today with inauguration by Prime Minister Narendra Modi at Bharat Mandapam.Hon’ble Prime Minister took a walkthrough of the exhibition area before officially inaugurating the event and where helisted four pillars of Digital India - Low-priced devices, extensive reach of digital connectivity to every nook and corner of the country, easily accessible data and goal of ‘Digital First’.Further demonstrating this year's theme of "The Future is Now", the first day of IMC and WTSA 2024 sawglobal leaders, visionaries, innovators ...
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Snap Inc. & BCG Launch India’s First Report Highlighting Gen Z’s Distinctive Spending Power Across Multiple Categories

New Delhi, October 2024.With a population of 377 million, Gen Z is now the largest generation ever to live in India. While they’re often perceived as teenagers, Gen Z is far from a homogeneous group. Their immense purchasing power and unique perspectives, behaviours demand the attention of businesses and marketers alike.To separate fact from fiction and gain a deeper understanding of this influential generation, Snap Inc. partnered with Boston Consulting Group (BCG) to develop a report on Gen Z titled "The $2 Trillion Opportunity: How Gen Z is Shaping the New India".This expansive research offers new perspectives into Indian Gen Z’s distinctive spending power across multiple categories, that no other report has explored in the past. The report also delves into uncovering unique...
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Rajasthan CM visits FlixBus HQ, discusses investment, job creation, digital empowerment of bus operators

Jaipur, 16 October 2024.Global travel-tech leader FlixBussigned a Memorandum of Understanding (MoU) with the Government of Rajasthan during the visit of Shri Bhajan Lal Sharma, Chief Minister of Rajasthan to FlixBus headquarters in Munich, Germany. This agreement signals a strong commitment from both sides to bring long-term benefits to the state by improving bus-transport infrastructure, creating jobs and empowering local bus operators with world-class technology.During his visit, the Chief Ministerhad a detailed discussion withthe global leadership team of FlixBus, including Mr. André Schwämmlein, Co-Founder & CEO and Mr. Max Zeumer, Chief Operating Officer. The discussion focused on the role being played by FlixBusin expanding access to affordableand sustainable bus transpor...
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Coca-Cola India’s artistic tribute to women farmers in celebration of Mahila Kisan Diwas

New Delhi, October 2024.To celebrate Mahila Kisan Diwas, Coca-Cola India has collaborated with renowned illustrator PS Rathour to pay tribute to the remarkable contributions of women farmers and their journeys toward sustainable agriculture.The artist's canvas highlights five women farmers —Regina, Rani, Suvarna, Preethi, and Basanti—from diverseIndian states brought to life through captivating illustration.At the heart of this initiative are inspiring stories of resilience and transformation. In Kodagu, Rani revitalized barren land into a flourishing coffee plantation, turning her personal loss into a thriving enterprise while earning a steady income. Her dedication and leadership earned her a position as a board director for the Madikeri Highlands Farmers Producers Company. Meanw...
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4th National Disability Tournament to play host to 400 Divyang cricketers from 24 states with Svayam championing accessibility in India’s sports
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Feature, Rajasthan News, Sports News

4th National Disability Tournament to play host to 400 Divyang cricketers from 24 states with Svayam championing accessibility in India’s sports

Udaipur, October 2024.Svayam, a not-for-profit initiative of the Sminu Jindal Charity Trust dedicated to furthering India's accessibility agenda has joined hands with the Disability Cricket Council of India (DCCI) for the 4th National Disability T20 Tournament for the second time. This marks Svayam’s fifth partnership with DCCI to elevate accessibility in sports, reflecting Svayam’s mission to create equal opportunities for people with reduced mobilities across different areas, including sports.The 4th National Disability T20 Tournament is scheduled to take place from (15th - 25th) October 2024, in Udaipur, Rajasthan, and shall witness participation from nearly 400 Divyang cricketers from 24 statess panning 67 matches across five venues - Udaipur's Field Club, BN University Ground,...
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Samsung Ushers in a New Era by Expanding Galaxy Ecosystem, Begins Pre-reserve for Galaxy Ring in India

Gurugram, October 2024.Samsung, India’s largest consumer electronics brand, today announced the commencement of pre-reserve for its highly anticipated Galaxy Ring in India. The Galaxy Ring, which fits comfortably on users’ fingers like a traditional ring, is equipped with cutting-edge Galaxy AI features and sensors to deliver a differentiated experience.The Galaxy Ring adorns a titanium finish for enhanced durability and comes with an IP68 rating for water and dust resistance. The Galaxy Ring is rated 10ATM as it is built to withstand water depths of up to 100 meters, performing seamlessly in all conditions.Customers can pre-reserve their Galaxy Ring by paying a token amount of INR 1999 on Samsung.com, select retail stores, Amazon.in and Flipkart.com.Customers who pre-...
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