Saturday, March 15

Business News

Business News Jaipur, Jaipur Business News

No Comments
Business News, Feature, National News

IDfy launches India’s first privacy and compliance suite – Privy

New Delhi, July 24, 2024.The Digital Personal Data Protection Act was passed in 2023, in a bid to protect Indian citizens from misuse of their personal data. In light of DPDPA, operating without privacy governance controls is not just a reputational and commercial risk but also a snub to the rights of digital customers and end-users.With the exact rules expected to come out any time soon, organizations must have their systems and processes ready to manage users' consent the right way.To help companies get DPDP-ready, IDfy, Asia's leading Integrated Identity platform, has launched a suite of privacy and compliance solutions - Privy, designed to assist organizations across industries in achieving full compliance with the DPDP Act.Privy addresses the critical need for bus...
Read More
No Comments
Business News, Feature, Rajasthan News

The Bizz Expo & Summit and Excellency Iconic Award 2024

Jaipur, July 24, 2024.The Bizz Expo & Summit and Excellency Iconic Award 2024 ceremony, hosted by Fav Fairs at Hotel Indana Palace, Jaipur, was a grand affair. The event was graced by the presence of actress Esha Deol, who was honored with the prestigious Excellency Iconic Award 2024.Startups, investors and exhibitors from across the nation converged at the summit, engaging in fruitful discussions and networkingopportunities.The ceremony kicked off with a traditional Ganesh Vandana, setting a cultural tone. Attendees from across the country gathered to participate in live pitching sessions for raising fund, exhibitions for marketing. Awardees shared their inspiring stories on stage, creating a motivational atmosphere.Mr. Manoj Kumar Nyangli MLA (Churu) along with no...
Read More
No Comments
Automobile News, Business News, Feature, National News

Electric Mobility Promotion Scheme (EMPS), 2024

New Delhi, July 24, 2024.Ministry of Heavy Industries, vide gazette notification 1334 (E) dated 13th March, 2024, has launched the Electric Mobility Promotion Scheme (EMPS) – 2024 to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country.  The Scheme duration is 4 months i.e. April 01, 2024 till July 31, 2024 with an outlay of Rs. 500 crore.EMPS 2024 is fund limited, with restricted number of vehicles and a term-limited Scheme, i.e., the subsidies for demand incentive are eligible for e-2w and e-3w sold and registered until the funds are available or the number of vehicles supported reaches the maximum number defined category-wise (shown in para above) or until July 31, 2024, whichever comes first. The EVs elig...
Read More
No Comments
Business News, Feature, National News

Kotak ActivMoney Launches #SalaryKoJagao Campaign

Mumbai, 23rd July, 2024.Kotak Mahindra Bank Limited (“KMBL”/“Kotak”) today unveiled its nationwide multimedia campaign, #SalaryKoJagao featuring Bollywood superstar Ranveer Singh. The campaign centres around Kotak’s flagship offering, ActivMoney, and spans TV commercials, digital platforms, outdoor displays, and social media channels. Designed to meet the needs of professionals, the campaign encourages them to “Activate” their salaries using Kotak’s ActivMoney solution.The campaign promotes Kotak’s flagship offering, ActivMoney, which empowers professionals to optimize their salaries. ActivMoney offers the best of both – liquidity as well as returns. This includes the option to withdraw funds from the ActivMoney account or to use the funds for transactions at any time – withou...
Read More
No Comments
Business News, Feature, National News

Sensex down 1,200 points, Nifty falls 1.77%

New Delhi, July 23, 2024.Domestic stock market indices, the Sensex and the Nifty fell over 1.5 per cent in afternoon trades after Finance Minister Nirmala Sitharaman announced to hike the securities transaction tax (STT) on futures and options (F&O) segment and long-term capital gains (LTCG) on financial and non-financial assets.The BSE’s 30-share index Sensex dropped over 1,200 points, or 1.6 per cent to a low of 79224.41 during intra day trades and NSE’s Nifty fell 435.09 points, or 1.77 per cent to a day’s low of 24,074.2. However, both the indices recover later.While announcing the Union Budget 2024-25, Sitharaman proposed to increase the STT on futures and options of securities to 0.02 per cent and 0.1 per cent, respectively.
Read More
No Comments
Business News, Feature, National News

HDFC Bank’s Q1 net up 35%, interest income surges 26%

New Delhi, July 2024.HDFC Bank reported a 35 per cent jump in its standalone profit after tax (PAT) at Rs 16,174.75 crore in the quarter ended June 30, compared to Rs 11,951.77 crore in the year ago period.On a sequential basis, the bank’s net profit fell by 2 per cent in the April-June 2024 quarter.Net interest income (NII), which is interest earned less interest expended, grew by 26.4 per cent to Rs 29,840 crore in Q1 FY2025, as against Rs 23,600 crore in the same quarter of last fiscal.Net interest margin (NIM) stood at 3.7 per cent based on interest earning assets, and at 3.5 per cent on total assets.In the reporting quarter, operating expenses increased by 18.2 per cent to Rs 16,620 crore, as against Rs 14,060 crore during the corresponding quarter of the previous ...
Read More
No Comments
Business News, Feature, National News

Amazon Prime Day Sale 2024

New Delhi, July 2024.Amazon’s yearly major discount sale, the Prime Day is live for this year, with products available at a cheaper cost than their prices at physical shops. Apple products, given their aspirational value and higher cost compared to their counterparts, are often available at cheaper rates during such sales, with e-tailers offering lucrative discounts on products like iPhone, iPad and Macbook. Smartphones by other companies, including Samsung and OnePlus.A comparison of the discounts for key Apple, Samsung and OnePlus products available on a discount at the Amazon Prime Day sale with what they would cost at retailers shows that for most items, Amazon has a slightly steeper discount. With the exception of the iPhone 15, most other Apple products were available for che...
Read More
No Comments
Automobile News, Business News, Feature, National News

Mahindra & Mahindra to unveil ‘Thar Roxx’ SUV on August 15 2024

New Delhi, July 22, 2024.Mahindra & Mahindra Ltd will launch its much-awaited five-door Thar vehicle, called ‘Thar ROXX’, on August 15.“The Mahindra ‘Thar ROXX’ will further strengthen the already strong Thar brand, empowering customers to ‘explore the impossible’ with luxury and be a part of the Thar lifestyle,” the company said on Saturday.Veejay Nakra, President, Automotive Sector, M&M Ltd., said, “the ‘Thar ROXX’ with its distinctive design, premium quotient, advanced technology, enhanced performance, sophistication, and safety is ‘the’ SUV. While retaining the core attributes of the iconic Thar, the ‘Thar ROXX’ represents the larger-than-life personality of a rockstar and will disrupt the SUV category.” Thar ROXX is expected to have more features than the existing ...
Read More
No Comments
Business News, Feature

Reliance shares drop over 3 pc after Jun quarter earnings

New Delhi, July 22, 2024.Shares of Reliance Industries Ltd, India's most valuable company by market valuation, on Monday declined over 3 per cent after the company reported a 5 per cent drop in its June quarter net profit.The blue-chip stock dropped 3.38 per cent to Rs 3,004.25 on the BSE.At the NSE, it declined 3.44 per cent to Rs 3,003.25.
Read More
No Comments
Business News, Feature, National News

Foldable Smartphones Growing Exponentially in India: Samsung’s Mobile Business Head TM Roh

Gurugram, July, 2024. India is one of the biggest smartphone markets in the world, and continues to be very important for Samsung, said a senior executive of South Korean major Samsung Electronics. Nearly 80% of smartphones sold in India are priced below INR 30000, but more consumers are adopting premium smartphones, driving the growth of niche products such as foldables.“The Indian market is one of the markets where foldables are growing exponentially. At the center lies Galaxy foldables. We expect the market demand to grow this year and we have high expectations about the Indian customers adopting the new Galaxy Z Flip6 and Galaxy Z Fold6 with incorporation of Galaxy AI that are optimized for foldables,” said TM Roh, President and Head of Mobile Experience Business, Samsung ...
Read More
No Comments
Business News, Feature, National News

Kotak Mahindra Bank Announces Results for Q1 FY25

Mumbai, 20th July, 2024.The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for the quarter ended June 30, 2024, at the Board meeting held in Mumbai, today.Divestment of stake in Kotak General Insurance to Zurich Insurance GroupQ1FY25 saw the completion of a landmark deal in General Insurance sector with Zurich Insurance Group taking a 70% stake in Kotak General Insurance. The alliance brings together Zurich’s global insurance leadership and scale with Kotak’s local expertise and reach. Post this transaction, KMBL holds 30% stake in KGI and will continue to act as corporate agent of KGI for distribution of general insurance products.The above transaction has resulted in an increase in the consolidated PAT by ...
Read More
No Comments
Automobile News, Business News, Feature, National News

Tata Motors redefines the mid-SUV category with India’s first SUV Coupé Reveals the Tata Curvv

Mumbai, July 19, 2024.Defining a new era in SUV design, Tata Motors, India’s leading automotive manufacturer, today unveiled the Tata Curvv ICE and EV. Born of powerful philosophy, form and function, the Curvv is India’s first SUV Coupé. Exhibiting the new-age SUV typology, the Curvv artfully blends the toughness and practicality of an SUV with the elegance and sporty silhouette of a coupé. Launching on 7th August, the all-new Curvv will follow Tata Motors’ strong multi-powertrain strategy and will be first available in its EV version which will soon be followed by its ICE counterpart.Commenting on the unveil, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd., said, “Tata Motors has pioneered the Indian SUV arena...
Read More
No Comments
Business News, Feature, National News

Union Minister Shri Jyotiraditya M. Scindia releases ‘The Future is Now’ as the theme for India Mobile Congress 2024

New Delhi, July 2024.The theme of the India Mobile Congress 2024, ‘The Future is Now’, was unveiled today by Shri Jyotiraditya M. Scindia, Minister for Communications and Development of North Eastern Region in New Delhi. The theme signifies how India stands at the heart of the technological evolution and IMC 2024 bringing together global leaders - visionaries, pioneers, and innovators - to collaborate and actively shape the technologies transforming our world today, where the future isn't just a concept - it's happening.Shri Jyotiraditya M. Scindia, Minister for Communications and Development of Northeastern Region, launched the Indian Mobile Congress 2024 application and Website, a unique interactive App for registration. With the first registration and keynote address by Shri Jyo...
Read More
No Comments
Business News

Paytm Apr-Jun quarter loss widens to Rs 840 cr

New Delhi, July 19, 2024.Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, 2024.The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the company.The consolidated revenue of Paytm declined 33.48 per cent to Rs 1,639.1 crore during the reported quarter, from Rs 2,464.2 crore in the same period a year ago. PTI PRS DRR
Read More
No Comments
Business News, Fashion & Lifestyle, Feature

NYKAA HOT PINK SALE IS HERE

New Delhi July 18, 2024.Ready, set, shop 'til you drop! Nykaa’s legendary Hot Pink Sale is back and it’s better than ever! Whether you're a skincare connoisseur, makeup maestro, haircare enthusiast, trendsetter, or fashionista, Nykaa’s Hot Pink Sale is your one-stop-shop for everything fabulous!This sale isn’t just hot—it's on fire! Get ready for the ultimate shopping fiesta with mind-blowing discounts on top beauty and fashion brands. Enjoy up to 60% off on 1800+ brands at the Nykaa Hot Pink Sale, where choices abound from cult favorites to beauty must-haves and luxurious treats. And wait, there’s more—Nykaa Fashion is back with a bang for its fourth edition, featuring over 2800+ brands, 7 lakh+ influencer-approved styles, and jaw-dropping deals up to ...
Read More
No Comments
Business News, Feature, Travel News

Turkish Airlines Launches“Inner Portrait” with Refik Anadol at Art Basel

Istanbul, 18 July, 2024.Turkish Airlines, the airline flying to more countries than any other, unveils a new art project titled "Inner Portrait". This visionary initiative, created in partnership with the world-renowned media artist Refik Anadol, pushes the boundaries of storytelling through the data of human connection, offering a deeply personal exploration of the human desire to travel and its effect on human biology.The project delves into the inner landscapes of four individuals who have never embarked on a journey abroad. Tuikuru, a Brazilian man from the Amazon explores the bustling streets of Tokyo, while Kenyan woman Esther discovers the rich history of Istanbul. An Australian woman named Sahar embarks on a journey through the ancient wonders of Göbeklitepe and Cappadocia,...
Read More
No Comments
Business News, Feature, National News

Zydus inks licensing pact with Takeda to sell GERD drug

New Delhi, July 17, 2024.Zydus Lifesciences on Wednesday said it has inked a licensing pact with Takeda to market a drug for the treatment of gastroesophageal reflux disease (GERD).The company has entered into a non-exclusive patent licensing agreement with Takeda Pharmaceutical Company to market the novel Potassium Competitive Acid Blocker (P-CAB) Vonoprazan in India, the drug firm said in a statement.The drug will be marketed under the brand name Vault in the country, it added.
Read More
No Comments
Automobile News, Business News, Feature

Norton Motorcycles to ride in 6 models over 3 years

New Delhi, July 17, 2024.British bike maker Norton Motorcycles, part of the TVS Motor Company, on Wednesday said it plans to launch six new products over the next three years with an eye on increasing sales through sales partners in the US, Germany, France, Italy and India.TVS Motor has committed 200 million pounds in new product development, facilities, research and development and quality engineering of Norton Motorcycles.The company has also roped in ex-CEO of Manchester United Football Club Richard Arnold, as an Executive Director to strengthen its leadership team.
Read More
No Comments
Business News, Feature

Moneyboxx Finance raises Rs 271 cr via equities

New Delhi, July 17, 2024.Non-banking financial company (NBFC) Moneyboxx Finance Ltd on Wednesday said it has garnered Rs 271 crore through issuance of equities to support its growth plans.The capital raise includes Rs 158 crore through preferential equity issue and Rs 113 crore through equity warrants to both promoters and non-promoters, Moneyboxx Finance said in a statement.Moneyboxx Finance is a BSE-listed NBFC that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III and below places.
Read More
No Comments
Business News, Feature, Food and Beverages

Fitterfly Partners with Google Cloud to Launch ‘Klik’ – An AI Food Cam Feature to Help People with Diabetes

New Delhi, July 17, 2024.Fitterfly, a leading healthtech company in India, has partnered with Google Cloud to launch its latest AI feature - Fitterfly Klik, which will enable people with diabetes and other NCDs (Non-Communicable Diseases) to track and analyze their meals effortlessly. Nutrition planning remains the most important bulwark for managing type 2 diabetes as well as for weight loss and heart disease. However, traditional meal tracking methods - be it through manual journaling or entering in a text format in an app is cumbersome and discouraging for many. Fitterfly's latest feature, Klik, changes all this by leveraging the power of Gemini 1.5 Flash on Google Cloud's Vertex AI platform to transform meal tracking into a quick, enjoyable, and insightful experience.Fitterfly ...
Read More
No Comments
Business News, Feature, National News

Shaadi.com and Truecaller Partner to Elevate Customer Experience and User Safety

New Delhi, July 17, 2024. The collaboration enhances phone-based communication by verifying genuine calls from Shaadi.com and streamlines the on boarding process with faster sign-ups, ensuring a seamless and secure user journeyShaadi.com, the leading platform for matchmaking in India, has announced a strategic partnership with Truecaller, the global leader in verifying contacts and blocking unwanted communication. This collaboration aims to elevate trust and safety in matchmaking and deliver a verified and contextual communication experience through Truecaller's Customer Experience solutions.In an era where smartphone users receive inundated by countless calls, Shaadi.com recognises the significance of offering a trusted, safe, and secure experience for its affiliates...
Read More
No Comments
Business News, Fashion & Lifestyle, Feature, National News

Titan Smart Elevates in the Category with their High Performance GPS Smartwatch: Titan Celestor

New Delhi, July 17, 2024.Titan Smart Wearables is revolutionizing performance smartwatches with the all-new Titan Celestor. This game-changing device, packed with cutting-edge technology, promises unmatched accuracy. Designed for Indian fitness enthusiasts, the Celestor embodies Titan's legacy of excellence and unlocks boundless exploration possibilities with style.The Titan Celestor redefines performance with industry-leading built-in GPS for running, walking, hiking, and cycling in this price category. Whether conquering trails or venturing off the beaten path, the Celestor guides you with unwavering precision. The integrated Altimeter, Barometer, and Compass (ABC) trio empowers outdoor adventures, providing valuable insights on elevation gain, ascent, descent, and average p...
Read More
No Comments
Business News, Feature, Travel News

IndiGo announces direct flights to Abu Dhabi from Mangaluru, Coimbatore, Tiruchirappalli

New Delhi, July 17, 2024.IndiGo has announced the launch of direct flights from Mangaluru, Coimbatore, and Tiruchirappalli to Abu Dhabi.The flights on the Abu Dhabi to Mangaluru route will operate daily, from August 9, and the Tiruchirappalli to Abu Dhabi will operate four times a week, starting from August 11. Starting from August 10, the direct flights from Coimbatore will operate thrice weekly.Recently, the airline had also announced new direct flight between Bengaluru and Abu Dhabi, which will operate six times a week starting August 1, 2024. These new routes will further enhance IndiGo’s international connectivity, with non-stop flights connecting the capital city of United Arab Emirates to major cities in south India, a press release form the airlines stated.Mr Vinay ...
Read More
Verified by MonsterInsights