Business News Jaipur, Jaipur Business News
New Delhi, May 17, 2024. Realme is set to release Buds Wireless 3 Neo on May 22 at Rs 1,299. The first sale will go live at 2:30 PM on realme.com, Amazon.in and Flipkart. The official release stated that the products will be launched in three colours, black, blue and green. Realme claims that this…
New Delhi, May 17, 2024. TVS Motor Company has launched the Black Edition for the Apache RTR 160 and Apache RTR 160 4V motorcycles. Bringing in an all black colour theme, the two motorcycles are priced from Rs 1.20 lakh (ex-showroom) for the Apache RTR 160 and Rs 1.25 lakh (ex-showroom) for the Apache RTR…
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…
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…
Ahmedabad,, May 17, 2024. Financial Highlights of full year FY24 • Revenue from operations was Rs. 195,474 mn, up 13% over last year. • Net Profit was Rs. 38,595 mn, up 97% YoY. • EBITDA was Rs. 53,843 mn, up 40% YoY. EBITDA margin stood at 27.5%, an improvement of 510 bps over the previous…
New Delhi, May 16, 2024. The country’s largest lender, State of India (SBI), has increased interest rates on short-term retail fixed deposits (FDs) by 25 to 75 basis points (bps) – a move which is likely to be followed by other banks. This is the first increase in the fixed deposit rates by the bank…
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…
New Delhi, May 16, 2024. Telecom operator Vodafone Idea on Thursday reported widening of losses to Rs 7,675 crore in the March quarter amid a rise in interest and financing cost, while its overall subscriber base shrunk. The company claimed that it reported its highest post-merger quarterly EBITDA of Rs 2,180 crore, which grew by…
New Delhi, May 16, 2024. Reliance Jio has deposited the highest earnest money of Rs 3,000 crore for the upcoming spectrum auction, which gives the company the potential to bid for maximum radiowaves, according to details published by the Department of Telecom on Thursday. According to pre-qualified bidder details released by the DoT, Bharti Airtel…
New Delhi, May 16, 2024. Mining billionaire Anil Agarwal-led Vedanta Ltd on Thursday said its board has approved raising up to Rs 8,500 crore through issuance of securities. The company will look at raising funds via instruments like American depository receipts, global depository receipts and foreign currency convertible bonds.
Gurugram, May 16, 2024. The BMW X3 xDrive20d M Sport Shadow Edition has been launched in India today. This special edition of the successful SAV, BMW X3, is available in the diesel variant at all BMW India dealerships and BMW Online shop from today onwards. The BMW X3 xDrive20d M Sport Shadow Edition is available…
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%…
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…
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….
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…
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…
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…
Mumbai, May 15, 2024. DSP Mutual Fund announced the launch of DSP Nifty Bank Index Fund,an open-ended scheme tracking Nifty Bank Index. The Fund offers investors an opportunity to get exposure to the 12 most liquid and large Indian banking stocks through a single fund. Nifty Bank Index is diversified with a composition of private…
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…
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…
New Delhi, May 2024. TVS has revamped the iQube variant lineup, adding new entry-level variant and top-end variants, which means that the iQube now gets a total of five different variants. The base variant, called iQube is priced at Rs 94,999 (ex-showroom), democratising the e-scooter. Also as part of the update, the top-spec ST has…
Gurugram, May 2024. The all-new BMW M 1000 XR was launched in India today. Available as a completely built-up unit (CBU), this motorcycle can be booked at all BMW Motorrad India authorized dealerships from today onwards. The deliveries for the same will begin in June 2024. Mr. Vikram Pawah, President, BMW Group India said, “The…
New Delhi, May 14, 2024. Turtlemint, India’s leading insurtech platform, has launched its newest digital AD campaign, “Bharosa Jeet Liya” created by Tilt Brand Solutions. This unique campaign pays tribute to the tireless efforts and unwavering dedication of insurance advisors, who go above and beyond in their service to serve their clients. Set against the…