Kotak Mahindra Bank Appoints Ms. Ketaki Bhagwati as an Independent Director on its Board

Mumbai, 19 May 2024. Kotak Mahindra Bank Limited (“Bank”) today announced the appointment of Ms. Ketaki Bhagwati as an Independent Director on the Bank’s Board for a period of four years, effective May 18, 2024, subject to the approval of the members of the Bank. Announcing the appointment, Mr. C S Rajan, Independent Director and…

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Ministry of Steel organizes National Workshop on “Forging Sustainability in the Steel Sector”

New Delhi, May 17, 2024. The Ministry of Steel organized a National Workshop on “Forging Sustainability in the Steel Sector” at Vigyan Bhawan, New Delhi today. The workshop aimed at driving sustainable practices in the steel industry by engaging with stakeholders on the important issues of the steel sector by focusing on the sustainable practices, emerging technologies…

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Samsung Care+ Proposition Strengthened with Unrivaled Benefits at No Extra Cost

Gurugram,May 17, 2024. Samsung, India’s largest consumer electronics brand,today announced an upgrade in its Samsung Care+ programme, providing consumersadded benefits at no additional cost. Under the revamped Samsung Care+ programme, customers can now avail two claims in a year.The two claims in a year are applicable for both screen protection as well asaccidental and liquid…

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V-Guard Q4 results: V-Guard Industries PAT grows 44.5 pc to Rs 76 crore in March qtr

New Delhi, May 16, 2024. Consumer electricals and home appliances maker V-Guard Industries Ltd on Thursday reported a 44.5 per cent increase in consolidated profit after tax at Rs 76.17 crore in the fourth quarter ended March 2024. Kochi, Kerala-based V-Guard’s consolidated net profit rose to Rs 76.17 crore ($9.1 million) for the quarter ended…

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Zoozle Launches India’s First Membership Plan for E-commerce Buyers, Offers Exclusive Benefits with HDFC Bank

Bangalore, May 16, 2024. Zoozle, a leading online e-commerce marketplace in India, has announced the launch of its revolutionary membership plan – a first in the Indian e-commerce landscape. Modeled after successful international concepts like Costco and Sam’s Club, Zoozle is set to transform the online shopping experience for its members by offering up to 18%…

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Samsung Launches Three New Refrigerators Featuring Next-Generation AI Inverter Compressor in India

Gurugram, May 2024. Samsung, India’s largest consumer electronics brand, today announced the launch of three new refrigerators that ensure smarter living for Indian homes by helping consumers customise their choices. The new refrigerators feature Samsung’s next generation Artificial Intelligence-powered Inverter Compressor. The AI Inverter Compressor, the heart of Samsung’snew refrigerators, transforms the traditional internal design…

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PFC is currently the most profitable NBFC in India, with a remarkable 24% increase in PAT

New Delhi, May 2024. On PFC’s performance, Chairperson and Managing Director, Parminder Chopra shared that PFC Group continues to be the largest NBFC Group in India and is also India’s highest profit-making NBFC both on a consolidated and on a stand-alone basis. PFC achieved record profits in FY 24. Profit increased by 24% to Rs….

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Enfinity Global enters into $135M financing to build 1.2 GW of advanced solar and wind power plants in India

New Delhi, May 2024. Enfinity Global Inc., a leader in renewable energy, today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit…

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Every CLiQ is more rewarding at The Big CLiQ Sale on Tata CLiQ, Tata CLiQ Luxury, and Tata CLiQ Palette

New Delhi, May 15, 2024. The flagship e-commerce initiatives of the Tata Group—Tata CLiQ, Tata CLiQ Luxury, and Tata CLiQ Palette—are hosting The Big CLiQ Sale, a shopping extravaganza where every CLiQ will be rewarded. Scheduled from May 17 to 28, 2024, the highly anticipated 12-day sale will have never-before-seen offers across various categories, such…

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HDFC Life Declares Rs. 3,722 Cr. Bonus for Policyholders

Mumbai, May 15, 2024. HDFC Life, one of India’s leading life insurers, announced its highest-ever bonus of Rs. 3,722 cr. on participating plans during the Company’s board meeting in April 2024. This substantial bonus will benefit ~22.23 lakh policyholders. Participating or par plans are a distinctive type of life insurance policy that provide policyholders with profit-sharing benefits…

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TERI’s sustainable vision for Rajasthan

Jaipur, 15 May 2024. Mr Jiwesh Nandan, a Distinguished Fellow specializing in Industrial Energy Efficiency at The Energy and Resources Institute (TERI), visited Jaipur to provide mentorship to the industry charter working on solar and renewable energy in Rajasthan. Leveraging his extensive experience as a former IAS officer and expertise in Power, Energy Efficiency, Renewable…

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India’s Largest Loan Distributor Andromeda Launches “OneAndro” Mobile App for Loan Borrowers and Agents

New Delhi, May 2024. Andromeda, India’s leading loan distribution firm, proudly announces the launch of its mobile app, “OneAndro,” designed to streamline the loan borrowing and distribution process. The app, now available on Playstore, marks a significant leap forward in connecting thousands of agents across India with providers of financial services. Established in 1991 by…

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