Business News

17Jan By editor3No Comments

Business News, Feature, National News

Samsung Announces ‘Future Fest’; Upgrade to the Future of Cinematic Experience with Exciting Offers

Gurugram, January, 2024. Samsung, India’s largest consumer electronics brand, announced ‘The Future Fest’to provide consumers exciting offers and attractive cashbacks on its premium, 55-inch and above big-screen televisions such as Neo QLED 4K and 8K, OLED, QLED, and Crystal 4K UHD TVs. ‘The Future Fest’is a great opportunity for consumers to upgrade to the future of cinematic audio-visual experience with Dolby Atmos,Neural AI Quantum Processor and AI Upscaling with enviable bundled deals this Republic Day. Effective till January 31, 2024, customers can getassuredfree gifts such as Galaxy S23 Ultra (12/256 GB variant) worth INR 124999, a 50-inch QLED 4K The Serif TV worth INR 69990, and Wireless Sound bars worth upto INR 37990 on the purchase of big screen televisions. Consumers ...

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17Jan By editor3No Comments

Automobile News, Business News, Feature, National News

Tata Passenger Electric Mobility launches its first Pure EV Punch.ev, powered by acti.ev

Mumbai, January 17, 2024, Tata Passenger Electric Mobility Ltd (TPEM),a subsidiary of Tata Motors and the pioneer of India's EV revolution, today launched its first pure EV - the Punch.ev. First product based on its recently introduced, advanced Pure EV architecture – acti.ev, the Punch.ev transcends the ordinary with its cutting-edge technology, eco consciousness and cost-effective offering. Available in three distinct personas - Smart, Adventure and Empowered, the Punch.ev is a versatile and multi-talented Electric Vehicle, elegantly packaged in a stunning, classical SUV design. Starting at an introductory price of INR 10.99Lakh, the Punch.ev will be available at all Tata Motors showrooms authorized for EV sales and Tata.ev stores across the country. The Punch.ev is a pioneering ad...

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17Jan By editor3No Comments

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Google Pay signs pact with NPCI to expand UPI payments outside India

New Delhi, January 17, 2024. Google India Digital Services and NPCI International Payments Ltd (NIPL) have signed an agreement that will help expand UPI payments to countries outside India. The memorandum of understanding (MoU) will enable Indian travellers to make payments in other countries via Google Pay (also known as GPay), eliminating the need to carry cash or resort to international payment gateways. "The MoU has three key objectives. First, it seeks to broaden the use of UPI payments for travellers outside of India, enabling them to conveniently make transactions abroad. Second, the MoU intends to assist in establishing UPI-like digital payment systems in other countries, providing a model for seamless financial transactions. Lastly, it focuses on easing the process of rem...

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16Jan By editor3No Comments

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Union Commerce and Industry Minister Sh. Piyush Goyal announces commencement of work on Trade Connect ePlatform

New Delhi, January 16, 2024. Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today chaired the second meeting of the reconstituted Board of Trade held at Bharat Mandapam, New Delhi today. Shri Goyal announced initiation of work on Trade Connect ePlatform, an intermediary platform providing the facility to connect Indian exporters and entrepreneurs with various stakeholders in international trade will commence shortly. The ePlatform is expected to provide facilitation for new and aspiring exporters, information on various regulations to access markets, sectors, export trends, easy access of benefits under Free Trade Agreements, access to sector specific events along with a facility to address trade related queries...

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16Jan By editor3No Comments

Automobile News, Business News, Feature, National News

DISCOVERY SPORT WITH REDESIGNED MODERN LUXURY INTERIOR, INCREASED VERSATILITY AND STATE-OF-THE-ART TECHNOLOGY

Mumbai,16 January 2024. JLR India today launched the new and enhanced Discovery Sport in India. The Discovery Sport is versatile by design offering up to seven seats and a dramatically refined new interior that exudes modern luxury. The Discovery Sport is available in Dynamic SE with two powertrain options - the 2.0 l petrol engine delivering a power of 183 kW and 365 Nm torque and a 2.0 l Ingenium diesel engine delivering a power of 150 kW and 430 Nm torque. Rajan Amba, Managing Director, JLR India, said: “The new Discovery Sport is versatile by design and perfect for active families that like to hit the road cocooned in luxury. It is a characterful, modern, compact SUV with a versatile interior, breadth of capability as well as intuitive technology, that makes every journey...

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16Jan By editor3No Comments

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BLS International FZE, UAE signs definitive agreement to acquire 100% stake in iDATA

New Delhi, January 2024. BLS International Services Ltd. (BLS), a leading global tech-enabled services partner for governments and citizens, today announced that it has entered into a definitive Share Purchase Agreement through its wholly owned subsidiary BLS International FZE, UAE, to acquire 100% stake in iData Danismanlik Ve Hizmet Dis Ticaret Anonim Sirketi (“iDATA”) and its wholly owned subsidiaries for an Enterprise Value of Euro 50 Million (~ Rs. 450 Crores) and additional milestones based payments. iDATA, a prominent player based in Turkey, specializes in Visa and Consular Services, making it a strategic addition to BLS's expanding portfolio. Incorporated in Turkey, iDATA provides comprehensive visa applications and consular services to various governments. The comp...

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16Jan By editor3No Comments

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DSP Mutual Fund launches DSP Nifty Healthcare ETF

Mumbai, January, 2024. DSP Mutual Fund announced the launch of DSP Nifty Healthcare ETF, an open-ended scheme replicating/ tracking Nifty Healthcare Index that offers investors the opportunity to participate in India’s growing healthcare sector. The Nifty Healthcare Index covers diversified themes like pharmaceuticals, hospitals, pathology, healthcare research analytics & technology. It adjusts or rebalances every 6 months to represent the top 20 stocks (companies from healthcare sector) based on free float market cap from the Nifty 500 universe. India’s healthcare market cap has grown at a decent rate of around 10% in the last 10 years. Today, the healthcare sector accounts for around 5.8% of the total market capitalization in India, which is one of the lowest compared to its de...

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16Jan By editor3No Comments

Business News, Feature

Samsung Announces Exciting Offers on Galaxy A05s, A54 5G, A34 5G

Gurugram, January 2024. Samsung, India’s largest consumer electronics brand today has announced exciting offers on the immensely popular Galaxy A05s, A54 5G, and Galaxy A34 5G smartphones. As a special offer, consumers can buy the Galaxy A05s now with an instant INR 2000 discount. Originally priced at INR 13499 (4GB+128GB) and INR 14999 (6GB+128GB), consumers can get it for just INR 11499 and INR 12999 respectively. Powered by Qualcomm Snapdragon 680 for exceptional performance and a massive 6.71” Full HD+ 90Hz display, Galaxy A05s is perfect for seamless multitasking and immersive viewing. Users can capture vibrant photos with its 50MP main shooter and enjoy long-lasting power with a 5000 mAh battery supporting 25W Super-Fast charging. Galaxy A05s stays future-ready with 4 years of ...

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15Jan By editor3No Comments

Business News

HONOR Introduces All-new HONOR MagicBook X 16 2024 in India

New Delhi, January 15, 2024. Global technology brand HONOR today announced the launch of the brand-new HONOR MagicBook X 16 2024. Featuring an immersive 16-inch HONOR FullView Display(1) with dual eye protection certifications, a powerful 12th Generation Intel® Core™ processor, and an array of innovative functionalities, the HONOR MagicBook X 16 2024 is an exceptionally versatile laptop that is tailored to meet the demands of productivity-focused individuals anytime, anywhere.  Golden Display Ratio Integrates Advanced Eye Protection Technology The HONOR MagicBook X 16 2024 boasts a stunning 16-inch HONOR FullView Display with a golden 16:10 aspect ratio, perfect for showcasing a wide range of content, from documents to movies and multimedia. Additio...

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15Jan By editor3No Comments

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HDFC CAPITAL BACKS TRIBECA FOR A PRIME SOUTH MUMBAI PROJECT

Mumbai, January, 2024. Tribeca Developers, India’s largest luxury branded residential developer and the largest developer of Trump branded projects in the world, has entered into an agreement with the Tejukaya Group to develop a residential project in Parel, South Mumbai. HDFC Capital is backing the project with Rs. 200 crs of financing. This is Tribeca’s first project in Mumbai and the second investment it has secured from HDFC Capital under a Rs. 500 crore residential housing platform the two organizations announced in 2019 [earlier this year, HDFC Capital successfully exited the first investment of Rs. 135 cr made from this platform]. The 2.5-acre project is located in the prime Parel neighbourhood of South Mumbai and will have 400+ luxury residences with a total sale value of ...

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15Jan By editor3No Comments

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Coca-Cola India and Reliance Retail Team Up for “BhoolNaJana, PlasticBottleLautana

Mumbai, 15th January 2024. Coca-Cola India and India’s largest retailer, Reliance Retail, announced the launch ofa sustainability initiative titled “BhoolNaJana, PlasticBottleLautana”, focused on post-consumer PET collection at Reliance Retail stores in Mumbai through Reverse Vending Machines (RVMs) and collection bins.With a vision for a circular economy, this pilot project, aligned with the Government’s Swachh Bharat Mission, has commenced in 36 Reliance Retail stores including Smart Bazaar and Sahakari Bhandarstores in Mumbai and Delhi, and will expand to 200 stores across the country by 2025 with a target of collecting5,00,000PET bottles annually in the pilot phase. The initiative was launched in the presence of Kazi Irfan, Officer on Special Duty (OSD), Solid Waste Management, B...

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12Jan By editor3No Comments

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MobiKwik Partners with AdaniOne to Offer ExclusiveDiscounts on Travel

Gurugram, January 2024.  As the tourism splurge continues beyond new year, are you looking for the ultimate deal for getaways or to visit loved ones? Look no further! ONE MOBIKWIK SYSTEMS LIMITED (MobiKwik), a fintech company, has partnered with the Adani Group’s travel booking app, AdaniOne, to offer exclusive deals on flight tickets and duty-free products. Users can now enjoy: Instant discount on flight bookings: With the MobiKwik Wallet, you will get a discount of Rs. 500 on flight bookings on AdaniOne. Use code: ONEMBK on the merchant payment page to grab the offer (terms and conditions apply). Instant discount on duty-free products: Elevate your pre-flight experience with a flat discount of Rs. 250 at duty-free via AdaniOne when you pay with MobiKwik Wallet Use code: MBK...

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12Jan By editor3No Comments

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Samsung Opens a Portal to New Mobile AI Possibilities in Las Vegas on Sphere’s Exosphere, Before Unpacked 2024

New Delhi, January 12, 2024. In anticipation of Galaxy Unpacked on January 17, Samsung is teasing new mobile AI-powered capabilities. To celebrate the new era of Galaxy innovations, Samsung teamed up with Marvel Studios’ “What If…?” Season 2 for an epic takeover of Sphere’s giant exterior LED display on January 8. Featuring Doctor Strange, the Las Vegas skyline lit up to hint at new mobile AI capabilities coming soon to Galaxy users worldwide. Just as Marvel’s renowned character Doctor Strange discovers new portals of endless possibilities, Galaxy AI will enable discovery in a whole new way. “We are ushering in a new era of innovation at Galaxy Unpacked, introducing AI experiences on mobile like never before,” said Stephanie Choi, EVP & Head of Marketing of Mobile eXperienc...

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12Jan By editor3No Comments

Automobile News, Business News, Feature, National News

Tata Passenger Electric Mobility commences production at its state-of-the-art new facility in Sanand, Gujarat

Sanand, January 12, 2024. Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, India’s leading automobile company, today announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone for the company and was celebrated with the roll-out of the first Tata branded car from this world class facility, in the presence of TPEM Managing Director, Shailesh Chandra and the leadership team from the Passenger and Electric vehicles businesses.   Commenting on this momentous occasion, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Limited & Tata Passenger Electric Mobility Limited said, “Witnessing the first car roll out of the new TPEM facility in Sanand is a proud moment for...

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12Jan By editor3No Comments

Business News, Feature

uppercase expands its product portfolio with India’s first eco-friendly school bags

Jaipur, January 12, 2024. uppercase, owned by former MD of VIP Industries Sudip Ghose’s leading D2C startup Acefour Accessories, announces its entry into the school bag category with India’s first sustainable school bags. With 27 SKUs designed for the needs of primary, middle, high school and college, this new range completes uppercase’s presence as a 3600 travel gear brand. Designed for today's consumers who value both style and the future of our planet, this new addition blends fashion, functionality, and sustainability. These school bags, made from recycled plastic bottles are available at prices starting from INR 1890 on the company’s own platform uppercase.co.in, Amazon, Flipkart, Myntra as well as retail outlets nationwide uppercase is committed to building India's largest and ...

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11Jan By editor3No Comments

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TCS reports 8.2 pc growth in Q3 net profit at Rs 11,735 cr

New Delhi, January 11, 2024. The country's largest software exporter on Thursday reported an 8.2 per cent growth in net profit for the December quarter at Rs 11,735 crore. The company said its revenue for the reporting quarter grew 4 per cent to Rs 60,583 crore driven by strong double-digit growth in emerging markets, led by India. The topline growth was also led by energy, resources and utilities, manufacturing, and life sciences & healthcare

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11Jan By editor3No Comments

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Union Finance Minister Smt. Nirmala Sitharaman at the 10th Vibrant Gujarat Global Summit in Gandhinagar

New Delhi, January 11, 2024. The GIFT City is ideally poised to be the gateway for financial and investment hub and has an important role to play in fulfilling the vision for India to become developed nation by 2047, said Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman while addressing the seminar ‘GIFT City-An Aspiration of Modern India’, organised as part of the 10th Vibrant Gujarat Global Summit 2024, at Gandhinagar today. The Union Finance Minister said Prime Minister Shri Narendra Modi had conceptualised the idea of GIFT City way back in 2007 when he was the Chief Minister of Gujarat and it has now expanded into becoming a major international financial hub. Spelling out the vision of the Prime Minister in terms of green technology, Smt. Sitharaman sai...

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11Jan By editor3No Comments

Business News, Fashion & Lifestyle, Feature

Moissanite Jewelry Presents to Pick for Your Spouse In 2024

New Delhi, January 11, 2024. In the ever-evolving world of jewelry, moissanite has emerged as a gemstone that beautifully marries luxury with sustainability. As 2024 unfolds, those seeking to express their love and commitment are increasingly turning towards moissanite jewelry for its brilliance, affordability, and ethical allure. Before diving into the specific types of jewelry, it is crucial to understand why moissanite is a preferred choice.  Moissanite, a naturally occurring silicon carbide, is now primarily lab-grown, ensuring a reduced environmental footprint compared to traditional mining. Its durability is second only to diamonds, making it ideal for everyday wear. Moreover, moissanite's fire and brilliance often surpass a diamond's, offering a luxurious feel w...

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11Jan By editor3No Comments

Automobile News, Business News, Feature, National News

Three consecutive quarters of record sales growth for JLR India

Mumbai, 11 January 2024. JLR India reported three consecutive quarters of record sales, selling 3,582 units and experiencing a remarkable year-on-year (YoY) growth of 93%in the nine-month period ending 31 December 2023. Range Rover and Defender continue to lead with a YoY increase of 250% and 150% (YTD), respectively, contributing to over 75% of the current order book. JLR India achieved 74% YoY growth in the third quarter of FY24, achieving retail salesof 1,226 units. The newly launched 24MY Range Rover Velar showcased an outstanding YoY growth of 183%in the quarter, signifi cantly bolstering sales in the period. Mr. Rajan Amba, Managing Director, JLR India, said,“Over the past nine months, JLR's progress in India has been characterized by consistent and substantial growth. Each ...

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11Jan By editor3No Comments

Automobile News, Business News, Feature, National News

Sales of e-cars will increase by 115% to cross 82 thousand in 2023

Jaipur, January 11, 2024. Sales of Electric Vehicles (EV) are increasing rapidly in the country. 15.30 lakh EVs were sold in 2023, which is 49.25% more than 2022. 10.25 lakh EVs were sold in 2022, but during the same period, sales of electric cars increased by 115% to above 82,000. 82,105 electric cars sold in 2023. This is more than double i.e. 114.71% of the 38,240 e-cars sold in 2022. Last month, the share of electric cars in total car sales in the country increased to 2.5%, which was 1.3% in December 2022.

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11Jan By editor3No Comments

Business News, Feature

TECNO POP 8 Goes on Sale at a Special Limited-Period Price of ₹5999 on Amazon

Jaipur, January 11, 2024.  The ultimate Amazon special smartphone with unparalleled features will be available in 8GB*+64GB variant at a limited-period special launch price of ₹5,999. NEW DELHI, Jan. 10, 2024 /PRNewswire/ -- TECNO Mobile, the global smartphone brand's latest offering, POP 8 has made its debut in the Indian market on Amazon. This Made in India superhero device, boasting an impressive 8GB RAM, is set to revolutionize the entry-level smartphone experience and has been made available for purchase starting January 9th at a special introductory launch price of just ₹5,999.   Even though TECNO POP 8 is an entry-level smartphone, it is designed for modern-day users! It's built to handle everything users do every day, making sur...

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11Jan By editor3No Comments

Business News, Fashion & Lifestyle, Feature, Rajasthan News

Brand ‘Jaipur Kurti’ Ties up with Franchise India, Pioneering a New Chapter in India’s Fashion Evolution

Jaipur, January 11, 2024. Nandani Creation Ltd (NCL) (NSE: JAIPURKURT), a leading player in women's Indian wear, proudly announces a groundbreaking partnership with Franchise India, signalling a momentous stride in its expansion endeavours. This collaboration aims to introduce 75 new 'Jaipur Kurti' franchise stores under brand 'Jaipur Kurti', 'Amaiva' and our Luxury brand 'Jaipur Kurti Luxe' across six states by 2027, providing fashion enthusiasts nationwide with access to the brand's exquisite collections. The Master Franchise Agreement inked with Franchise India is poised to redefine the retail experience, offering a seamless fusion of traditional and contemporary fashion. These new stores will not only showcase the company's signature designs but will...

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11Jan By editor3No Comments

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Moneycontrol Collaborates with Gap Up by Rigi for Expert Insights into Trading, Investing and More

New Delhi, January 11, 2024. Moneycontrol, India's leading financial news and investment platform, has collaborated with Gap Up by Rigi, an innovative platform specializing in investor education and skill enhancement. This groundbreaking partnership introduces a revolutionary offering to our audience, providing curated advisory from SEBI-registered experts on stock market intricacies and trading strategies. As the financial landscape becomes more intricate, this collaboration aims to bridge the knowledge gap for both new and seasoned investors and traders, establishing Gap Up by Rigi as a trusted market insight partner. This innovative platform is accessible through both the Moneycontrol website and app, providing a diverse range of topics, including options trading, intraday and positi...

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