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3Jan By editor3No Comments

Business News, Feature, National News

Anupam Kaura joins Kotak Mahindra Bank as its Chief Human Resources Officer

Mumbai,3rd January 2024. Kotak Mahindra Bank Limited (“KMBL”/“Kotak”)today announced the appointment of Anupam Kaura as Chief Human Resources Officer (CHRO) to spearhead organizational transformation, in the journey of ‘accelerating change’at Kotak. Anupam joins Kotak from CRISIL Ltd, London, UK where as Global Chief Human Resources Officer (CHRO) and overseeing Corporate Administration was responsible for various crucial aspects such as Talent Strategy, Performance and Rewards, Learning and Development (L&D), Culture Transformation, and overall organizational transformation efforts.  In the past year, Kotak has made global hires for key business priorities such as technology, customer experience and product. Anupam brings with him over 25 years of relevant experience in lea...

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3Jan By editor3No Comments

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IHCL AND IFC MAKE STRIDES IN ECO-FRIENDLY HOSPITALITY

JAIPUR, JANUARY, 2024.  India's leading hospitality company, Indian Hotels Company (IHCL) today announced the successful completion of nine pioneering pilot projects in collaboration with IFC’s TechEmerge Sustainable Cooling Innovation Program, within a short span of 18 months. This underscores the company’s unwavering commitment to fostering environmentally responsible practices to bring efficient, climate-smart, cost-effective cooling solutions to India's hospitality sector. Mr. Gaurav Pokhariyal, Executive Vice President - Human Resources, IHCL, said, "IHCL with Paathya, its comprehensive ESG+ platform, is committed to driving sustainability and social impact measures.  The rigorous testing of nine innovative cooling solutions has allowed us to validate their real-world ...

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2Jan By editor3No Comments

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Guwahati takes the green route with 100 Tata Motors electric buses

Guwahati, 2nd January 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today announced that it has supplied 100 electric buses to Assam State Transport Corporation (ASTC). The 9-metre, air-conditioned Tata Ultra electric buses that will ply on the roads of Guwahati are designed to provide a safe, comfortable and convenient intra-city commute. These zero-emission buses are indigenously built on a next-gen architecture, equipped with the latest features and are powered by advanced battery systems. The buses were launched by the Hon’ble Chief Minister of Assam, Dr. HimantaBiswaSarma on 1 January 2024. Commenting on the announcement, Mr. Rohit Srivastava, Vice President & Business Head – CV Passengers, Tata Motors, said, “Making public transport more effective and ...

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2Jan By editor3No Comments

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TVS Motor Company’s Sales Grow By 25% in December 2023

New Delhi, January 02, 2023. TVS Motor Company recorded monthly sales of 301,898 units in December 2023 with a growth of 25% as against 242,012 units in the month of December 2022.  Two-Wheeler Total two-wheelers registered a growth of 27% with sales increasing from 227,666 units in December 2022 to 290,064 units in December 2023. Domestic two-wheeler registered growth of 33% with sales increasing from 161,369 units in December 2022 to 214,988 units in December 2023.  Motorcycle registered a growth of 19% with sales increasing from 124,705 units in December 2022 to 148,049 units in December 2023. Scooter registered a growth of 34% with sales increasing from 76,766 units in December 2022 to 103,167 units in December 2023.  Electric Vehicle The Comp...

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2Jan By editor3No Comments

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Tata Motors registered total sales of 234,981 units in Q3FY24

Mumbai, January 2024. Tata Motors sales in the domestic & international market forQ3FY 2023-24 stood at 234,981 vehicles, compared to 228,169units during Q3FY 2022-23 Domestic Sales Performance: Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change Total Domestic Sales 76,13872,9974%229,610223,0013% Commercial Vehicles: Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change HCV Trucks  11,19910,17810%29,65627,6257%ILMCV Trucks 5,6755,2558%15,41114,0929%Passenger Carriers  3,0602,69414%7,7046,49419%SCV cargo and pickup 12,73414,827-14%38,96443,493-10%Total CV Domestic 32,66832,954-1%91,73591,7040%CV IB 1,51299552%4,7914,21014%Total CV 34,18033,9491%96...

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28Dec By editor3No Comments

Business News, Food and Beverages

Dabur India launches Swarna Prashan Tablet to Promote Overall Health & Intellect among Kids.

Jodhpur, December 28, 2023. As part of its mission to transform the traditional knowledge of Ayurveda into a contemporary healthcare option, the world’s largest Science-based Ayurveda major Dabur India Limited today announced the launch of a revolutionary breakthrough product– Swarna Prashan Tablet at  KAUMARCON  in Jodhpur. Dabur India Limited Head of Marketing – Ethical Dr. Durga Prasad Velidindi said: “With our rich 139-year heritage of Ayurveda and deep knowledge of nature, Dabur has always focused on effective health care for all through the study of authentic Ayurveda manuscripts. The launch of Swarna Prashan Tablet is another major leap forward in marrying the ancient Indian knowledge of Ayurveda with cutting edge of science. Swarna Prashan Tablet is Launched to Help...

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28Dec By editor3No Comments

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UltraTech-Cement crosses ₹3 lakh-crore market-cap for the first time

New Delhi, December 28, 2023. UltraTech Cement Ltd has crossed the market cap of ₹3 lakh crore for the first time on Wednesday (December 27). With this, UltraTech Cement has become the 20th largest company in India. Shares of UltraTech Cement today closed at Rs 10,469.95 with a gain of 4.50%. It has also been included in the top gainers of Nifty-50. UltraTech Cement shares also hit an all-time high and 52-week high of Rs 10,470 during trading. With this, the market capitalization of the company has also increased to Rs 3.01 lakh crore.

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28Dec By editor3No Comments

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Government will sell rice at ₹25 per kg

Jaipur, December 28, 2023. The government will now sell rice at Rs 25 per kg under the Bharat brand. The government is doing this to control the rise in rice prices. The government already sells flour and pulses under this brand. At present the average price of rice in the country is Rs 43 per kg. It will be sold through the National Agricultural Cooperative Marketing Federation of India (Nafed), National Cooperative Consumers Federation (NCCF) and Kendriya Bhandar outlets.

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28Dec By editor3No Comments

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Tesla’s first India manufacturing plant likely to be set up in Gujarat

New Delhi, December 28, 2023. Electric vehicle (EV) manufacturing giant Tesla is likely to establish its first local India manufacturing plant in Gujarat. An announcement is likely to be made during the Vibrant Gujarat Summit scheduled for January 2024, with Tesla CEO Elon Musk likely to be present for the occasion. As per the report, Gujarat's strategic advantages, including its favourable business environment and strategic location, have positioned it as the preferred destination for Tesla's manufacturing endeavours.

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28Dec By editor3No Comments

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Bull run: Investors’ wealth climbs Rs 12.80 lakh cr in five days

New Delhi, December 28, 2023. With the equity markets rallying for the fifth day running, investors' wealth climbed Rs 12.80 lakh crore, amid prevailing bullish sentiments due to optimism over the country's macroeconomic fundamentals and fresh foreign fund inflows. The 30-share BSE Sensex jumped 371.95 points or 0.52 per cent to settle at an all-time closing high of 72,410.38 on Thursday. During the day, it rallied 445.91 points or 0.61 per cent to reach its lifetime peak of 72,484.34.

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28Dec By editor3No Comments

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Govt says no restrictions on tur, urad dal imports till March 2025

New Delhi, December 28, 2023. The government on Thursday said there will be no restrictions on import of tur and urad dal till March 2025 as part of efforts to boost domestic supply and keep prices under control. Tur and urad dal have been kept under free category, which means there will be no curbs on their imports. "The free import policy of urad and tur stands extended up to March 31, 2025,"

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28Dec By editor3No Comments

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Biryani is the favorite food in the country for the eighth consecutive year

Jaipur,December 28, 2023. Food delivery service providers Zomato and Swiggy have released their report on order patterns. According to them, Biryani was ordered the most in the country in 2023. The special thing is that in the last 8 years, Biryani is the most ordered dish in India. According to Zomato, Biryani topped the list of most ordered dishes on the platform with 10.09 crore orders in 2023. At the same time, Pizza stood at second place with 7.45 crore orders and Noodle Bowl at third place with 4.55 crore orders. Zomato told that with this many orders of biryani, 8 Qutub Minar of Delhi can be filled. Talking about pizzas, their number is so high that they can completely cover 5 stadiums as big as Eden Garden Cricket Stadium in Kolkata. Apart from this, talking about noodles...

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28Dec By editor3No Comments

Business News, Feature

TECNO POP 8 to Launch on 3rd January: The Fastest 8GB RAM Smartphone in the Segment

New Delhi, December 28,2023. TECNO, the global smartphone brand, just spilled the beans on when they're dropping their trendiest new smartphone – POP 8! Get ready for the ultimate tech party on 3rd January 2024! The TECNO POP 8 is positioned to be stylish and accessible; it's cool and all about catering to young and upbeat users! Plus, it's proudly 'Made in India.' The TECNO POP series is all about delivering awesomeness for entry-level users, perfect for the vibrant and cool peeps out there. The TECNO POP 8 is a powerhouse and its coolest feature? Brace yourself – it rocks the speed game with a lightning-fast 8GB (4GB+4GB) RAM, the fastest in its segment, and a whopping 64GB storage! AnTuTu, the big shot in benchmarking, gave it a thumbs up with a score of over 240K for crazy p...

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28Dec By editor3No Comments

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Microsoft launches AI app for Android users

Jaipur, December 28, 2023. Microsoft has launched a new Co-Pilot app for Android users. Through this app, users will be able to use their AI chatbot as a new service. This app is different from search engine Bing and is completely based on Microsoft's AI technology. Microsoft changed the name of Bing Chat to Co-Pilot a few months ago. Initially, Microsoft's AI was a part of the Bing search engine, whose search result interface looked like Chat-GPT. This feature is still available, but Microsoft is promoting Co-Pilot as a separate platform. In the world AI, ChatGPT of OpenAI, a company with big investment from Microsoft, is currently at the forefront. ChatGPT was launched on November 30 last year and within a month the number of its users had crossed 100 million. Google's chatbot ...

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27Dec By editor3No Comments

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Tata Motors electrifies Bengaluru’s urban commuting with 100 Starbus EVs

Bengaluru, 27th December, 2023. ata Motors, India’s largest commercial vehicle manufacturer, has accelerated Bengaluru's electrified public transport with the delivery of technologically-advanced Starbus EVs to Bengaluru Metropolitan Transport Corporation (BMTC). This marks a significant milestone as part of a larger order as per the agreement between TML Smart City Mobility Solutions Ltd., a Tata Motors subsidiary, and BMTC, encompassing the commencement of supply, operation and maintenance of 921 state-of-the-art 12-metre low-floor electric buses, over a 12-year period. Tata Starbus EV, an indigenous innovation, joins BMTC's fleet, boasting superior design and best-in-class features for a sustainable and comfortable commuting experience. Aligned with the Make in India and Atmanirbhar ...

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27Dec By editor3No Comments

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Kotak Mahindra Bank to Appoint Mr. C S Rajan, as Part-Time Chairman

Mumbai, 27th December 2023. Kotak Mahindra Bank Limited (‘Kotak’ or ‘the Bank’) today announced that the Reserve Bank of India (RBI) has approved the appointment of Mr.C S Rajan, Independent Director of the Bank, as the Part-time Chairman, for a period of two years, effective1stJanuary 2024. Mr. Rajan’s appointment as the next Part-time Chairman of the Bank’s Boardfollows the retirement of the incumbent Part-time Chairman, Mr Prakash Apte, whose term expires on 31st December 2023. Mr. C S Rajan is a successful leader with over 40 years of experience across significant government portfolios. He was appointed as an Independent Director on the Board of the Bank, with effect from 22ndOctober 2022. An IAS officer of 1978 batch,he retired as Chief Secretary of the Government of Rajastha...

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27Dec By editor3No Comments

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India aims at USD 1 billion fresh banana exports in next 5 years

New Delhi, December 27, 2023. With successfully exporting a trial shipment of fresh bananas to the Netherlands through sea route, India is now aiming to increase exports of this fruit to USD one billion in the next five years, an official said. At present, exports of most of the fruits from India are happening by air route because of lower volumes and different ripening periods. To increase the volumes, India is developing sea protocols for fresh fruits and vegetables like bananas, mangoes, pomegranates and jackfruit to promote their exports through ocean routes.

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26Dec By editor3No Comments

Automobile News, Business News, Feature

Tata Motors bags prestigious order of 1350 bus chassis from Uttar Pradesh State Road Transport Corporation 

Mumbai, 26th December 2023. Tata Motors, India's largest commercial vehicle manufacturer, today announced that it has secured a prestigious order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,350 units of the Tata LPO 1618 diesel bus chassis. Developed for intercity and long-distance travel, the Tata LPO 1618 conforms to BS6 emission protocols, delivers superior performance, excellent passenger comfort and offers best-in-class total cost of ownership (TCO). This order was won by Tata Motors following a competitive e-bidding process conducted via the Government tendering process and the bus chassis will be supplied in a phased manner. Receiving the order, Mr. Rohit Srivastava, Vice President & Business Head – CV Passengers, Tata Motors, said, “Making...

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26Dec By editor3No Comments

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Gold climbs Rs 250; silver rallies Rs 350

New Delhi, December 26, 2023. Gold prices climbed Rs 250 to Rs 63,750 per 10 grams in the national capital on Tuesday in line with a firm trend in global markets, according to HDFC Securities.The precious metal had ended at Rs 63,500 per 10 grams in the previous trade."Gold prices advanced on Tuesday, with spot gold prices in the Delhi markets trading up by Rs 250 following a bullish trade in the overseas markets," said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities.

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26Dec By editor3No Comments

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Ola Electric plans to deploy Rs 1,226.43 cr of IPO

New Delhi, December 26, 2023. IPO-bound Ola Electric Mobility Ltd plans to utilise Rs 1,226.43 crore out of the proceeds of its Rs 5,500-crore public issue on capacity expansion of its cell manufacturing plant to 6.4 GWh from 5 GWh, according to preliminary papers filed by the company with capital markets regulator Sebi.The company, which had filed the draft red herring prospectus (DRHP) last week is also looking to use Rs 1,600 crore from the public fund raising on research and product development, while another Rs 800 crore will be deployed to repay debt.Ola Electric Mobility (OEM) which had on August 15, 2023 announced a line-up of electric motorcycles -- Cruiser, Adventure, Roadster and Diamondhead -- expects to begin delivery of the motorcycles in the first half of fiscal 2026.

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26Dec By editor3No Comments

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JSW Renew Energy commissions 51 MW wind energy capacity in Tamil Nadu

New Delhi, December 26, 2023. JSW Renew Energy has commissioned the first phase of 51 MW capacity of its 810 MW wind energy project in Tamil Nadu, the company said in a statement on Tuesday. The project has a power purchase agreement with Solar Energy Corporation of India (SECI) for 25 years, the statement said. JSW Renew Energy Ltd, a wholly owned step-down subsidiary of JSW Energy, has started phase-wise commissioning of the 810 MW (Inter State Transmission System) ISTS-connected wind power project awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW

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26Dec By editor3No Comments

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Rummy.com, India’s Newest and Most Premium Rummy App, Hits the Scene

New Delhi, December 26, 2023. India's premium online rummy platform Rummy.com has swiftly risen to become the country's fastest-growing online rummy platform since its launch earlier this year. With an astounding 30X growth within eight months, the platform has become the ultimate choice for highly skilled rummy players seeking cutting-edge competition and an immersive gaming experience. Rummy.com's user-friendly interface and aesthetically pleasing design redefine rummy gaming, creating a gaming environment that mirrors the class and simplicity of the game of cards at the same time. With faster game loading and seamless gameplay, the platform provides a premium gaming experience, which has contributed to its recent exponential growth and led to the success of its exciting ...

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26Dec By editor3No Comments

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Deepika Padukone Steps in as the Brand Ambassador for TECNO Smartphones

New Delhi, December 26, 2023. In a ground-breaking move, TECNO, the premium global smartphone brand, is delighted to announce Indian superstar Deepika Padukone as its brand ambassador. This move marks the next step in TECNO's proposition of delivering the best of innovation while remaining stylish and accessible with the consumers’ needs at heart.   TECNO is buzzing with excitement as Deepika brings an incredible mix of talent, charisma & iconicity! This strategic partnership is not just a collaboration; it's a full-on commitment from TECNO to ride the wave of innovation while grooving to the beats of the young, diverse, and dynamic audience.   Get ready for a dose of excitement because Deepika and TECNO are coming together to empower consumers through cutting-edge tech! Her daz...

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