Business News Jaipur, Jaipur Business News
Milan, November 08, 2023. “In keeping with our vision “Be the Future of Mobility”,Hero MotoCorp is driven by innovation and extensive research. Brand Hero is trusted by its 112 million customers across the world and is now transforming itself as a technology powerhousethat is ready to serve the evolving global customer. “Through our eco-friendly, sustainable…
Udaipur, November, 2023. As the global community grapples with escalating challenges posed by increased carbon footprint, Nexus Select Trust, India’s largest retail platform remains firmly grounded on their commitment of building a world of inclusive and sustainable development. Reinforcing the promise of making environment friendly choices and encouraging others to so the same, India’s largest…
Jaipur, November 2023. Shriram General Insurance Company (SGIC) on Tuesday said it wrote 27,34,197 policies driven by growth in GWP and higher focus towards Electrical Vehicle segment (6.39%). The company earned a net profit of Rs 217 crores during the first half of FY24, a 47 % increase YoY. For the Q2 of FY24, the…
Bangalore, November 07, 2023. IBM (NYSE: IBM) today announced an expansion of its relationship with Amazon Web Services (AWS)to help more mutual clients operationalize and derive value from the latest technologies, including generative artificial intelligence (AI). As part of this, IBM launched the Innovation Lab, in collaboration with AWS, at the IBM Client Experience Center…
Jaipur, November 06, 2023. Standard Chartered Bank, India, today announced that it has partnered with Tata Motors, India’s leading automobile manufacturer, for offering Supply Chain Finance Solutions to their passenger Electric Vehicle (EV) dealers. Currently Standard Chartered Bank offers inventory funding limitsto the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses….
New Delhi, 06 November, 2023. Costa Coffee, Coca-Cola’s leading coffee brand in the commercial beverage categories in India, is excited to launch the Diwali campaign of this year, #CostaWaliDiwali in collaboration with Shivesh Bhatia, the renowned baker and content creator. Together, they bring forth an unforgettable Diwali-inspired menu for coffee enthusiasts. This collaboration ensures a…
Mumbai, November 03, 2023. Equity benchmark indices Sensex and Nifty ended with gains on Friday in line with positive trends in global markets. Extending its previous day’s rally, the 30-share BSE Sensex climbed 282.88 points or 0.44 per cent to settle at 64,363.78. During the day, it jumped 454.29 points or 0.70 per cent to…
New Delhi, November 03, 2023. Amidst the joyous festivities echoing across India, Modicare Limited; one of India’s leading direct-selling companies is delighted to unveil its limited-edition Urban Color London Gold Collection. Offering a range of vibrant and colorful cosmetics, this collection provides the perfect opportunity to radiate with brilliance and make this festive season truly unforgettable….
New Delhi, November 2023. Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2023. Consolidated(₹ Cr Ind AS) Jaguar Land Rover(£m, IFRS) Tata Commercial Vehicles(₹Cr, Ind AS) Tata Passenger Vehicles(₹ Cr, Ind AS) FY24 Vs. PY FY24 Vs. PY FY24 Vs. PY FY24 Vs. PY Q2 FY24 Revenue 105,128 32.1…
Mumbai, November 2023. Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover Plc (JLR), both 100% subsidiaries of Tata Motors Limited (TML),have enteredinto a Memorandum of Understanding (MoU) for the licensing of JLR’s Electrified Modular Architecture (EMA) platform for a royalty fee (including electrical architecture, electric drive unit, battery pack and manufacturing know-hows) for…
Srinagar, November 2023. Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has supplied the first batch of state-of-the art Ultra EV air-conditioned electric buses to Srinagar Smart City Limited, via TML Smart City Mobility Solutions (J&K) Pvt Ltd, a Tata Motors Group company. The delivery of the electric buses is a part of…
Mumbai, November 02, 2023. Kotak Mahindra Bank Limited (“Bank”), Kotak Mahindra General Insurance Company Limited (“Kotak General Insurance”) and Zurich Insurance Company Limited (“Zurich”) have entered into definitive agreements for a transaction wherebyZurich will invest(approximately)Rs 4,051croreto acquire a51% stake in Kotak General Insurancethrough a combination of fresh growth capital and share purchase. Further, Zurich will…
Bengaluru, November 01, 2023. As the enchanting festival of lights, Diwali, draws near, Tanishq, India’s premier jewelry brand, embarks on a magical journey that delves deep into the heart of the glorious past. Introducing the ‘Dharohar’ collection, Tanishq pays a heartfelt tribute to the timeless charm of heirloom artifacts from an era long gone by, beautifully…
Jaipur, October 2023. IDFC First Bank reported a net profit of Rs 751 crore for the quarter ended September 30 which was up 35% year-on-year versus Rs 556 crore reported by the company in the corresponding quarter of the previous financial year. The standalone core operating profit grew 38% YOY from Rs 1,052 crore in…
New Delhi, October 2023. Over 1.5 lakh record number of participants from 67 countries participated in the 7th Edition of Indian Mobile Congress (IMC) 2023, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI). The 3-day exhibition-cum-forum held from…
New Delhi, October 30, 2023. Rollout of 5G network in India has been the fastest in the world but revenue has not picked up as apps that are generating 80 per cent of the traffic are not paying for the network, a top official of the telecom industry body COAI said. While speaking with PTI…
New Delhi, October 2023. The Telecom Sector Skill Council (TSSC), India’s premier skill development institution for the telecom sector today launched the report “Telecom Talent in 5G Era: Demand Supply Skill Gap Report 2023-24”,in association with Draup, charting out the job opportunities in the Indian telecom sector, the demand supply gap, convergence of telecom with…
New Delhi, October 27th, 2023. Optiemus Infracom Limited (OIL), one of India’s leading electronics and telecommunications manufacturing companies, announced its foray into Unmanned Systems with the launch of technologically-sophisticated, high-precision drones that have been designed and manufactured in India. The diverse range of drones have been showcased at the India Mobile Congress 2023. The products showcased by Optiemus Infracom carry cutting-edge technology, including advanced sensors, secure communication systems, and stringent safety protocols. Optiemus Infracom will be investing ₹250 Million in Optiemus Unmanned Systems (OUS)…
Gurugram, October 26, 2023. Zaakpay, a reliable and secure payment gateway arm of MobiKwik, has received in-principle authorisation from the Reserve Bank of India (RBI)to operate as a payment aggregator. RBI’s in-principle authorisation will enable Zaakpay to onboard new merchants onto its platformfor quick and easy processing of online payments. Zaakpay operates and works with…
Mumbai, October 2023. Kotak Mahindra Bank Limited (KMBL/Kotak) today announced that it has partnered with National E-Governance Services Limited (NeSL) to issue its first electronic Bank Guarantee (e-BG) on the latter’s platform. The tie-up enables the digitisation of Trade, thus helping eliminate paper-based issuance of Bank Guarantees. The digitisation includes issuance, amendment, closure, digital stamping…
Sri Ganganagar, October 2023. Federal Bank opened a new branch in Sri Ganganagar- Rajasthan, among 6 other new branches across different regions in India as part of its Founders’ Day celebrations. Other branch location includesDelhi, Karnataka, Maharashtra, Telangana and Madhya Pradesh. These strategic expansions are part of the Bank’s commitment to providing enhanced financial services…
Mumbai, October 26 2023. Tech Mahindra Ltd., a specialist in digital transformation, consulting and business re-engineering services today announced the audited consolidated financial results for its quarterended September 30th, 2023. Financial highlights for the quarter (USD) Financial highlights for the quarter (₹) ₹ 12,864 crores; down 2.2% QoQ, down 2.0% YoY₹ 1,072 crores; down 19.9%…
Mumbai, 25th October, 2023. Building on the recent successes of Backstreet Boys’ DNA World Tour– India; Trevor Noah’s Off The Record Tour– India; and WestLife’supcoming The Wild Dreams Tour – India. Kotak Mahindra Bank Limited (“KMBL”/“Kotak”) will present a ‘Perfect’ evening at pop music sensation, Ed Sheeran’s much-awaited ‘+ – = ÷ x’ Mathematics Tour…