Business News

9Jan By editor3No Comments

Business News, Feature

Samsung Opens Pre-Reserve for the Next Galaxy S Series in India

Gurugram, January, 2025. Samsung, India’s largest consumer electronics brand, today announced that consumers can pre-reserve their next Galaxy S series smartphone starting today. The new Galaxy S series will unveil a new chapter in mobile AI, unveiling premium Galaxy innovations that bring seamless convenience into every moment of your life. Customers can pre-reserve the flagship Galaxy S series by paying a token amount of INR 2000 on Samsung.com, Samsung Exclusive Stores, and leading online and offline retail stores across India. Pre-reserved customers will be eligible for early access and receive benefits of up to INR 5000 on purchasing the new Galaxy S series devices. Samsung will bring the next evolution of Galaxy AI, which will change the way consumers will interact with ...

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9Jan By editor3No Comments

Business News, Feature

IndiaBonds.com Launches Digital Fixed Deposits – Expands Fixed Income Product Suite

Mumbai, January 09, 2025. IndiaBonds.com, a SEBI-registered Stock Broker (Debt Segment) & licensed Online Bond Platform Provider (OBPP), has launched Digital Fixed Deposits (FDs), making fixed-income investments more accessible and convenient for individual investors across India. With this addition, IndiaBonds.com now offers a unified platform for managing both bonds and fixed deposits seamlessly, bringing all fixed-income investments under one ambit. This launch is in line with IndiaBonds' vision to deliver stable and rewarding investment options to retail investors while simplifying portfolio management. The platform offers a fully digital, paperless onboarding process, including quick KYC completion, making it easy for retail investors to get started. On the platform, the inv...

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9Jan By editor3No Comments

Automobile News, Business News, Feature

BMW Group India gears up for a powerful showcase at Auto Expo 2025

Gurugram, January 09, 2025. BMW Group India is all set to showcase its pioneering mobility products at the upcoming Auto Expo 2025 (Bharat Mobility Global Expo 2025). BMW Group India pavilion will be located at Hall No. 6, Bharat Mandapam at Pragati Maidan, New Delhi from 17 – 22 January 2025.  BMW Group India will present a host of exciting new launches from BMW, MINI and BMW Motorrad.  BMW will launch the all-new BMW X3 in India. BMW will also showcase the all-electric BMW i7, BMW X7, BMW 5 Series Long Wheelbase, BMW M5, BMW M4 and BMW M2.  BMW Motorrad will rev up the excitement further with the launch of the all-new BMW R 1300 GS Adventure and the new BMW S 1000 RR. BMW Motorrad display will also include the BMW M 1000 XR, B...

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8Jan By editor3No Comments

Business News, Feature

Nykaa Partners with Obagi Medical to Bring World-Class Medical Skincare to India

New Delhi, January 08, 2025. Attention, skincare lovers! Obagi Medical, a globally renowned brand in medical-grade skincare solutions, is proud to announce its exclusive launch in India with Nykaa, the country’s leading beauty and lifestyle destination. Founded in the United States, Obagi Medical is celebrated for its innovative and clinically proven products that address a range of skin concerns, including aging, hyperpigmentation, and uneven skin tone. This milestone not only reinforces Nykaa’s commitment to democratizing beauty by bringing the finest global brands to discerning Indian consumers but also highlights its pivotal role as a pioneer in introducing dermatological skincare solutions to Indian shores. At the heart of Obagi Medical’s philosophy is the belief that ...

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7Jan By editor3No Comments

Business News, Feature

OTEK launches BM09, India’s first AI Mouse with Voice Typing, Voice Translation, Smart Writing & OCR

New Delhi, January 07, 2025. - OTEK, a startup in consumer electronics & computer accessories, today announced the launch of BM09, India's first AI-integrated Mouse for enhanced productivity and effortless multitasking. The BM09 has an extensive range of innovative features like voice typing, translation, OCR scanning, and smart AI tools and will be available for buying online on Amazon and the brand's website with a 10% discount, along with offline IT retail shops. The launch of OTEK-BM09 is a significant milestone for OTEK, creating a product funnel where productivity meets effortless creativity. Intending to capture the growing electronics and computer accessories market in India with expected high demand, OTEK is targeting an extensive portfolio of potential customers: profes...

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7Jan By editor3No Comments

Business News, Feature

Motorola launches the moto g05 at just Rs. 6,999

New Delhi, January 07, 2025. Motorola, India’s best# 5G smartphone brand, today announced the launch of the moto g05, a groundbreaking entry-level 4G smartphone packed with premium, segment-leading features. The moto g05 boasts the segment’s brightest 6.67" 1000nits display with a punch-hole design and a smooth 90Hz refresh rate for a vibrant viewing experience, all protected by segment’s best Gorilla® Glass 3 protection. Plus, it features the segment’s only dual stereo speakers powered by Dolby® Atmos and Hi-Res Audio with 7x more bass for the amazing entertainment experience. It is the only smartphone in its category to offer Android™ 15 out of the box, with 2 y...

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7Jan By editor3No Comments

Business News, Feature, Rajasthan News

Raj CM calls for swift implementation of RR summit MoUs

Jaipur, January 07, 2025. Chief minister Bhajan Lal Sharma directed officials Monday to ensure prompt implementation of MoUs signed during the Rising Rajasthan summit. Chairing a review meeting, Sharma emphasised the need for continuous monitoring and inter-departmental coordination to expedite the process. "I instructed department secretaries to closely monitor MoUs in progress. District in-charge secretaries and collectors must maintain regular communication with investors to ensure seamless execution," said Sharma. He also directed officials to submit a detailed report within 10 days on land requirements for MoUs involving investments exceeding Rs 1,000 crore. Sharma said it is important to be in constant touch with investors to identify their priority needs and resolve land al...

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7Jan By editor3No Comments

Business News, Feature

Rupee falls 7 paise to 85.75 against US dollar in early trade

Jaipur, January 07, 2025. The rupee depreciated 7 paise to 85.75 against the US dollar in early trade on Tuesday, dragged down by a strong American currency and sustained outflow of foreign funds. The Indian currency, however, capped the fall on the back of some recovery in domestic equity markets and receding crude oil prices overseas, forex traders said. At the interbank foreign exchange, the rupee opened at 85.77, slipped to 85.80 before trading again at 85.75 against the greenback in initial deals, 7 paise lower from its previous close.

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6Jan By editor3No Comments

Business News, Feature

Hyatt Centric Soalteemode Kathmandu Officially Debuts in Nepal

CHICAGO January 06, 2025. Hyatt Hotels Corporation (NYSE: H)and City Hotel Limited announcedtoday the transformation of Hyatt Place Kathmandu to Hyatt Centric Soalteemode Kathmandu, whichmarks the  opening of the first Hyatt Centric branded hotel in Nepal.The hotel is ideallylocated in the heart of the city,blending modern comfort with Kathmandu’s rich cultural heritage. Hyatt Centric Soalteemode Kathmanduis a destination that invites modern travelers to discover the essence of Nepal’s capital city,promising a vibrant blend of contemporary design, vibrant art,culinary excellence and innovative experiences that inspire exploration.It embodies the local culture through dynamic social spaces, local collaborations, and shareworthy experiences that are light hearted, adventurous, and in-t...

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6Jan By editor3No Comments

Business News, Feature

International Tractors sales jump 33 pc to 10,639 units in Dec 2024.

New Delhi, January 06, 2025.  International Tractors Ltd, which sells tractors under the Sonalika brand, on Monday reported a 33 per cent growth in sales at 10,639 units in December as compared to 7,999 units sold in the year-ago month. In the ongoing fiscal so far, the company has sold 1,19,369 units in the April-December period, International Tractors Ltd (ITL) said in a statement. "With our robust portfolio of heavy-duty tractors, we are poised to seize every new opportunity in the New Year 2025 and are committed to delivering on farmer expectations and driving agricultural prosperity,"

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4Jan By editor3No Comments

Business News, Feature, Rajasthan News

Direct land allotment scheme for Rising Rajasthan investors

Jaipur, January 04,2025. After the state govt's clearance, RIICO board on Friday approved a direct land allotment scheme for the projects for which MoUs were signed during the Rising Rajasthan Global Investment Summit. Earlier, land was alloted through auctions, making it costlier for entrepreneurs. In a statement, RIICO said an online portal has been developed by it for the entrepreneurs to apply for land allotments. During the run-up to the summit, investors and entrepreneurs from India and abroad signed a record number of MoUs worth Rs 35 lakh crore. Entrepreneurs who have executed MoU will be able to apply online for a maximum of three plots of different size at the reserved rate of land in the identified industrial areas of RIICO along with project report and proof earnest mo...

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4Jan By editor3No Comments

Business News, Feature

HDFC Bank clocks 3 pc rise in advances in Q3

New Delhi, January 04, 2025. The country's biggest private sector lender, HDFC Bank, on Saturday said it has registered a marginal 3 per cent increase in loan growth at Rs 25.42 lakh crore in the December quarter. Total advances were Rs 24.69 lakh crore at the end of December 31, 2023, HDFC Bank said in a regulatory filing. The lender reported a 15.8 per cent rise in total deposits to Rs 25.63 lakh crore as against Rs 22.14 lakh crore at the end of the third quarter of the previous financial year.

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4Jan By editor3No Comments

Business News, Feature, National News

DPIIT Partners With Stride Ventures To Accelerate Growth And Global Expansion of Indian Startups

New Delhi, January 04, 2025. The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry has partnered with Stride Ventures, a leading venture debt firm, to catalyze the growth of Indian startups and widen their global footprint. Pertinently, this collaboration will be instrumental in creating enormous opportunities for startups by integrating financial support with strategic mentorship and market access. Highlighting the macroeconomic impact of this collaboration, Joint Secretary Startup India, Sh. Sanjiv said that these efforts would certainly reinforce India’s broader economic agenda to boost innovation and entrepreneurship as a stepping stone to achieve overall economic growth. Eventually, this endeavour aligns with the Governmen...

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3Jan By editor3No Comments

Business News, Feature

Samsung India Announces ‘Big TV Days’; Elevate the Future of Cinematic Experience with Exciting Offers on AI-Powered Premium TV Range

Gurugram,  January, 2025. Samsung, India’s largest consumer electronics brand, has launched its ‘Big TV Days’ campaign to celebrate the New Year and Republic Day season. Offering unmatched deals on its premium big-screen TVs, including Neo QLED 8K, Neo QLED 4K, OLED and 4K UHD TV models, the campaign will run from January 3 to January 31, 2025. Consumers looking to elevate their home entertainment experience can benefit from incredible offers, including free Samsung TVs worth up to ₹204,990 and free soundbars worth up to ₹99,990 with select purchases. Bringing the best-in-class viewing experience to homes across the country, Samsung’s premium range of TVs deliver life-like picture quality, powered by AI upscaling and innovative technology, making every frame sharper, more immers...

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3Jan By editor3No Comments

Business News, Feature

Kotak Celebrates the Indomitable Spirit of Indian startups

Mumbai, January 2025. Kotak Mahindra Bank Ltd. (“KMBL”/ “Kotak”) has launched the Kotak BizLabs accelerator programme, a new initiative under its CSR efforts, aimed at empowering early-revenue stage startups. This programme is designed to help startups overcome growth challenges and scale their businesses effectively. In collaboration with top incubators like IIMA Ventures, NSRCEL, and T-Hub, Kotak BizLabs will provide tailored acceleration initiatives, including mentorship, market access, and advisory support. The Indian startup ecosystem, while vibrant, faces significant challenges such as market expansion, customer acquisition, operational scaling, and strategic partnerships. While many incubator programmes focus on early-stage for startups (ideation and conception), there are ver...

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3Jan By editor3No Comments

Business News, Feature

Signify Introduces Philips VitaUp in India

New Delhi, January 03, 2025. Signify (Euronext: LIGHT), the world leader in lighting, announced the launch of its revolutionary product, Philips VitaUp, in India. This innovative product is designed to support personal well-being by providing a low-intensity dose of UVB over a long period in an indoor setting.  Philips VitaUp aims to enhance overall health and well-being by promoting strong bones and teeth, supporting immune function, improving mood and overall cognitive functions. The importance of creating healthy indoor environments has become increasingly clear as today people are spending most of their time indoors. Philips VitaUp addresses this need by utilizing light to induce the production of Vitamin D, promoting overall health and well-being.  Research ind...

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3Jan By editor3No Comments

Business News, Feature

Godrej Enterprises Group Launches Refreshed Brand Identity

Mumbai, January 03, 2025. The Godrej Enterprises Group (GEG), a leading diversified engineering and design-led conglomerate, unveiled a refreshed brand identity aimed at unlocking new worlds for customers and other stakeholders. The new visual identity honours GEG’s rich legacy while embodying its commitment to actively participate in the building of a Viksit Bharat by 2047 through design led innovation, enhancing consumer experience and shaping preferences for sustainable choices. “The key to our sustained growth has been our ability to always remain relevant to India’s development needs and the brand refresh reflects our quest to continually reinvent ourselves. Our aspiration is to unlock greater value for customers by delivering solutions and experiences that positively impact ...

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3Jan By editor3No Comments

Business News, Feature

Optiemus partners Germany based LS Spectrum to launch Drone-Based Spectrum Analyzer Solutions in India

New Delhi, 3rd January 2025. Optiemus Unmanned Systems Private Limited (OUS), a wholly owned subsidiary of OptiemusInfracom Limited (a leading telecommunications and electronics manufacturing group in India), today announced its partnership with LS Spectrum Solutions Pvt. Ltd., a leading provider of advanced drone-based spectrum analyzers and a subsidiary of Germany-based LS Telecom AG for the marketing, assembly, and distribution of LS Spectrum’s cutting-edge drone-based spectrum analysis solutions within the Indian market. Giving further momentum to its Drone business and ‘Make in India’, Optiemus’ partnership with LS Spectrum will be a game changer for its defence offerings and will provide the company a significant edge in the market.This partnership has the potential to extend beyo...

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3Jan By editor3No Comments

Business News, Feature

Signature Global shares may reach ₹2,000: Motilal Oswal

Jaipur, January 03, 2025. The leading brokerage firm Motilal Oswal remains positive on Signature Global (India) Ltd. and has reiterated its BUY call on the company’s stock with a target price of ₹2,000 per share, indicating a potential upside of 50%. The company’s shares were trading at ₹1,354.25, up 2.42% at the close of trading on January 1, 2025. The total market cap stands at ₹19,489.54 crore. Brokerage Firm Recommendations The brokerage noted that Signature Global, with its strong presence in strategic locations inGurugram, is on track to capitalize on the ongoing demand, guided by a strong projectpipeline of 24.3msf. The brokerage firm noted that, with a projected 35% CAGR growth in pre-sales over FY24-27, the company is set to cumulatively collect ₹28,500 crore. Its s...

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3Jan By editor3No Comments

Business News, Feature

Overwhelming response to ‘EmBossed Imprints’ authored by Sundararaman Ganpathiraman of Wipro

New Delhi, January 2025. Following the successful book launch, “EmBbossed Imprints” authored by Sundararaman Ganapatiraman, the highly respected Co-CEO of Wipro Pari , continues to inspire leaders worldwide with groundbreaking insights on leadership, decision-making, and organizational growth. Since its release last week, the book has already received widespread praise from industry leaders, executives, and readers alike for its practical wisdom and actionable strategies. Amazon has ranked it at Number 14 in its “Hot New Releases” under the Business & Economic Category. The book offers a masterclass on leadership, drawing from the author’s over three decades of experience and expertise in industrial automation, manufacturing, and global business leadership. Sundararaman Gana...

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2Jan By editor3No Comments

Business News, Feature, Rajasthan News, Travel News

IndiGo announces flights between Delhi and Bikaner

Jaipur, January 02, 2025.  IndiGo on Thursday announced Bikaner as its 90th domestic and 127th overall destination within its network. Starting February 7, IndiGo will enhance regional connectivity with new daily direct flights between Bikaner and Delhi, marking the airline's fifth destination in Rajasthan, airline officials said. With over 250 daily departures, the airline connects to 88 destinations from Delhi, linking to 69 domestic and 19 international destinations. Vinay Malhotra, Head of Global Sales, IndiGo said, “We are pleased to announce the culturally rich and vibrant city of Bikaner as the 90th domestic destination in our 6E network and the 5th in Rajasthan. IndiGo will now operate over 460 weekly flights from the state of Rajasthan, connecting 20 destinations direc...

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2Jan By editor3No Comments

Automobile News, Business News, Feature

HERO MOTOCORP CONCLUDES CALENDAR YEAR 2024 WITH SALES OF MORE THAN 59 LAKH (5.9 MILLION) MOTORCYCLES AND SCOOTERS

New Delhi, January 02, 2025 CALENDAR-YEAR PERFORMANCE Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, capped-off the calendar year 2024 on a positive note with sales of 59,11,065(5.9 Million) units of motorcycles and scooters from January – December 2024. This translates into a volume growth of 7.5% over the corresponding period CY’23, when the company sold 54,99,524(5.5million) units of two-wheelers. STRENGTHENINGGLOBAL-PRESENCE Hero MotoCorp recorded a notable double-digit 49% growth in its global business sales during the CY’24.The company launched eight new models globally, each designed to cater to region specific customer preferences. The company inaugurated a state-of-the-art assembly facility in Nepal in collaboration with its partner, CG Mo...

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2Jan By editor3No Comments

Business News, Feature

IDFC FIRST Bank Launches IDFC FIRST Academy on Eve of New Year 2025

Mumbai, January 02, 2025. IDFC FIRST Bank is proud to announce the launch of IDFC FIRST Academy, a comprehensive financial literacy initiative available through digital platforms. This Academy reflects the Bank’s mission to enhance financial literacy, enabling individuals to better manage their financial matters. Participants can easily access the courses of IDFC FIRST Academy at https://www.idfcfirstacademy.com on the browser of the desktop or the mobile. For IDFC FIRST Bank customers, it is also available on the mobile Banking App. IDFC FIRST Academy has simplified complex financial subjects in easy-to-understand bite-size modules with easy, expert-designed content for quick and effective learning. It has blogs, videos, and interactive quizzes for diverse lea...

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