Business News

26Dec By editor3No Comments

Business News, Feature, National News

BharatPe logs nearly 3-fold revenue growth in FY23, trims losses

New Delhi, December 26, 2023. Fintech unicorn BharatPe on Tuesday announced that its revenue from operations climbed 182 per cent year-on-year to Rs 904 crore in FY23, while loss before tax fell to Rs 886 crore from Rs 5,594 crore during the period. BharatPe, in a release, said its financial performance for the fiscal year 2023, showcased substantial growth and strategic advancements across key business segments. The company asserted that its strategic focus going forward is on sustained profitability, scaling lending, and launching new merchant-centric products.

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25Dec By editor3No Comments

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Adani Green Energy inks pact with SECI for supply of 1,799 MW solar power

New Delhi, December 25, 2023. Adani Green Energy (AGEL) on Monday said it has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by the SECI in June 2020. According to the statement, AGEL has announced the execution of a PPA with the SECI to supply 1,799 MW of solar power.

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25Dec By editor3No Comments

Business News, Feature

TECNO CAMON 20 Premier 5G and PHANTOM v Flip 5G Wins German Design Awards 2024

New Delhi, December 25, 2023. TECNO, a leading global smartphone brand renowned for its commitment to accessible yet stylish innovation, is shining in the design world. The brand has been recognized at the German Design Awards 2024 for two of its standout devices CAMON 20 Premier 5G and TECNO PHANTOM V Flip 5G. It's not just tech; it's a style revolution that's making waves in the design game. The German Design Awards (GDA) is the premium prize of the German Design Council. With its worldwide spectrum and international appeal, it is one of the most prestigious awards in the design landscape across all industries. It's THE prize that makes waves globally and rocks the design scene in every industry. Since 2012, the German Design Awards has been the trendsetter, spotting the coole...

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25Dec By editor3No Comments

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Increasing exports, reducing imports new way ahead for patriotism, says Gadkari

Panaji, December 25, 2023. Increasing exports and reducing imports is the new way ahead for patriotism and "swadeshi", and it will be a "new freedom" for India when not a drop of petrol or diesel is imported, Union Minister Nitin Gadkari said on Sunday. Addressing the 'Sagar Manthan 2.0' event organised by weekly magazine 'Panchjanya', the Union Minister of Road Transport and Highways also said stopping the import of petrol and diesel was linked to arresting terrorism in the world. "Till this import is not stopped, terrorism will not stop across the world. The aim of my life is to stop import of petrol and diesel. I consider it to be a new freedom for India when not a drop of petrol and diesel is imported into the country," he said.

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22Dec By editor3No Comments

Automobile News, Business News, Feature, National News

Audi India prioritizes the development of a holistic EV ecosystem

New Delhi, December 2023.  Audi is making a gradual but surefooted transition to sustainable mobility with a slew of recent decisions accelerating this transition. Audi India launched fiveelectric cars in India in 2021 and currently has the widest luxury EV portfolio in the segment. All six cars –the Audi Q8 50 e-tron, Audi Q8 55 e-tron, Audi Q8 Sportback 50 e-tron, Audi Q8 Sportback 55 e-tron, Audi e-tron GT and Audi RS e-tron GT – have received an overwhelming response and continue to receive sustained interest from customers. The brand currently has a strong order bank for the e-tron range, indicating robust demand for luxury electric cars. Customers who know the merits of going electric are not hesitating to make the shift and this is driving demand with first-movers. Audi I...

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22Dec By editor3No Comments

Business News, Feature, Health News

Medtronic Launches Symplicity™ Blood Pressure Procedure

New Delhi, December 22, 2023. India Medtronic Private Limited, a wholly owned subsidiary of Medtronic plc (NYSE: MDT), announced the launch of the Symplicity™ Spyral renal denervation system (RDN) for treating high blood pressure. RDN is a minimally invasive therapy that targets nerves near the kidneys that can become overactive and cause high blood pressure. Medtronic recently announced the US Food and Drug Administration’s (FDA) approval of the system which is a culmination of ten years of clinical research and development, and the system has approval of the Indian regulatory authorities too. In India, nearly 1 in 4 adults have hypertension.[i] Hypertension is the single largest contributor to cardiovascular death; it dramatically increases risk of heart attack, stroke,...

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22Dec By editor3No Comments

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National Energy Conservation Award 2023

New Delhi, December 22, 2023. Crompton Greaves Consumer Electricals Ltd. (CGCEL), one of India’s leading consumer electrical companies, has been conferred with the prestigious National Energy Conservation Award 2023. The honor was conferred by the Hon’ble President of India, Smt. Droupadi Murmu and the Ministry of Power through its body viz. Bureau of Energy Efficiency (BEE) on the occasion of National Energy Conservation Day. The company secured this achievement in the category of the Most Energy Efficient Appliance of the Year 2023 for its storage water heater.  Crompton's latest recognition with the National Energy Conservation Award further solidifies its commitment to energy-efficient innovations. This award stands as a testament to Crompton's consistent excellence, having ...

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22Dec By editor3No Comments

Business News, Fashion & Lifestyle, Feature

Flower Aura Sets to Bring Joy with its Christmas 2023 Collection of Gifts and Hampers

Gurugram, December 22, 2023. This Christmas, Flower Aura is all set to transform the holiday celebrations with an extraordinary collection of Christmas gifts and hampers. In a world where connections mean everything, Flower Aura is set to create unforgettable moments through its unique and diverse Christmas collection, featuring cakes, gifts, hampers, season flowers, and more. Recent data showcases a remarkable surge in online Christmas gift demand over the past few years. Flower Aura anticipates an impressive 50% increase in demand this year. This anticipation of the previous year's growth rate, a remarkable 90% surge observed in 2022 compared to 2021. These figures underscore the growing preference for online gifting platforms, with Flower Aura leading the way.  F...

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22Dec By editor3No Comments

Business News, Feature

TECNO POP 8 Teased on Official Socials: The Best Entertainer Is Here

New Delhi December 22, 2023. TECNO, a leading global smartphone brand renowned for its commitment to accessible yet stylish innovation has teased the entry of the latest addition to its popular POP series – the highly anticipated POP 8. TECNO POP series is placed as an entry-level smartphone series that caters to the needs of young users and is proudly 'Made in India'. While details surrounding the POP 8's specifications remain under wraps, TECNO has released a vibrant teaser video on its social media platforms and a fun yet powerful motto #POP8UP! The video sparks the curiosity of tech enthusiasts and young trendsetters alike, generating a buzz of anticipation for the full reveal. POP 7 nailed the multitasking and entertainment vibe with its 2GB+2GB RAM, a monster 5000...

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22Dec By editor3No Comments

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Bisleri Ropes in Iconic Star Deepika Padukone as it’s Global Brand Ambassador

Mumbai, December 22, 2023. Bisleri, India's leading mineral water brand has roped in Global Indian Icon Deepika Padukone as its first-ever global brand ambassador in the new campaign Bisleri #DrinkItUp. The campaign is a fresh and never seen before take on hydration infusing excitement and fun. The ad film showcases Padukone grooving to a snappy and modern take on the iconic song ‘Jhoom Jhoom Jhoom Baba’ while relishing the pure refreshment of the original beverage, 'water'. Commenting on getting onboard Deepika Padukone as the brand ambassador, Jayanti Chauhan, Vice Chairperson, Bisleri International Pvt. Ltd, said, "Bisleri is synonymous with hydration. Our new campaign Bisleri #DrinkItUp is embracing the fun and excitement of visualising hydration in an iconic style with Ms. Deepi...

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22Dec By editor3No Comments

Business News, Feature

HDFC Life and NKGSB Co-Operative Bank Enter into a Corporate Tie-Up

Mumbai, December 22, 2023. HDFC Life, one of India’s leading insurers, and NKGSB Co-operative Bank Ltd, having a legacy of 106 years, have entered into a Corporate Agency tie-up enabling NKGSB Co-operative Bank customers to avail life insurance products of HDFC Life. NKGSB Co-operative Bank is a leading multi-state co-operative bank and has always been at the forefront of adding value to its products by establishing correspondent relationships and strategic alliances. Keeping pace with changing times and changing customer habits, the bank offers digital banking solutions such as mobile banking, internet banking and SMS banking to its customer base. India remains vastly under-insured, both in terms of penetration and density. Such tie-ups are good for the consumers, as access to life ins...

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21Dec By editor3No Comments

Automobile News, Business News, Feature, National News

Tata Motors’New Safari and Harrier SUVs receive first ever Bharat-NCAP 5-star rating

Mumbai, December 21, 2023. Continuing with its legacy of introducing the safest vehicles on Indian roads, Tata Motors, India’s leading automobile brand, today set another example for the Indian automotive industry. Itsiconic, flagship SUV, thenew Safari and the trendsetting, premium SUV the Harrier, have become the first recipients of the 5-star rating (adult occupant protection and child occupant protection), as per the Bharat New Car Assessment Programme (Bharat-NCAP), India’s very own and independent safety performance evaluation protocol. Announcing this distinctive achievement, Hon’ble Union Minister for Road Transport and Highways, Shri Nitin Gadkari ji, said, “Bharat-NCAP is India’s independent, atmanirbhar voice on vehicle safety. It is benchmarked to the best-in-class global...

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21Dec By editor3No Comments

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Tata Passenger Electric Mobility inaugurates its exclusive TATA.ev stores in Gurugram

Gurugram, December 2023. As electric vehicles in India continue their growth trajectory, the consumer demographic is rapidly evolving as EV owners expect a seamless blend of advanced technology, sustainable practices, and personalized services. In line with these evolving trends, TPEM extends its new brand identity, TATA.ev, to its first physical manifestation of sales and service experience. Marking a distinct transition from traditional 4-wheeler showrooms, the TATA.ev stores are designed around the core values of sustainability, community, and technology. These showrooms will embody the core philosophy of ‘Move with Meaning’ and offer an inviting and immersive space for the EV community. Commenting at the inauguration of the new showrooms, Shailesh Chandra, MD, Tata Motors Passeng...

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20Dec By editor3No Comments

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Tata Motors charts a green course for the future of transportation

New Delhi, December, 2023. In the midst of India's urbanisation and a growing focus on sustainable mobility, the shift towards cleaner transportation options has become crucial. With the country moving towards electric and hydrogen cell-based vehicles, there's a pressing need for an interim solution to reduce emissions. Natural gas, recognised as a 'transition fuel,' serves as an ideal bridge. Tata Motors, India’s leading automobile company, is actively contributing to the development of natural gas-powered vehicles. Leveraging their expertise and commitment to innovation, Tata Motors is playing a pivotal role in shaping the transition to sustainable transportation in India. A Niti Aayog report projects a fourfold increase in trucks on Indian roads by 2050, emphasising the need for a...

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20Dec By editor3No Comments

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PRAMA Introduces New Rang in view Camera series along with Latest Video Security Products and Solutions at IFSEC India

New Delhi, December 2023. Prama India has unveiled its latest range of indigenously manufactured Ranginview Camera series along with bespoke Video Security Products at IFSEC IndiaSecurity Expo 2023. The cutting edge technologies such as Artificial Intelligence (AI), and IoT Security Technologies, products and solutions were on display at PRAMA booth. The PRAMA booth at the IFSEC India displayed a wide range of indigenously manufactured products and innovative solutions at booth no. C 02 Hall No. 5. These include a wide range of PRAMA products and solutions. The newly launched PRAMA Ranginview series were on the display. India’sleading indigenous video security brand, PRAMA got an overwhelming response to its wide range of indigenously manufactured video security products and bespoke ...

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20Dec By editor3No Comments

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Cisco and edForce Unleash a Learning Revolution in Indian IT

Bangalore, December 20,2023.  In a seismic move set to redefine the landscape of the Indian IT industry, global tech giant Cisco has inked a transformative partnership with edForce, the avant-garde of workforce skilling. This strategic alliance marks the dawn of a new era in upskilling, promising to reshape the future of learning in India. Ravi Kaklasaria, the dynamic Co-founder and CEO of edForce, expresses his excitement, stating, "This partnership with Cisco is a game-changer for edForce. We are on a mission to empower Indian professionals with globally recognized certifications and skills. Get ready for a learning revolution!" Cisco, boasting a record revenue of nearly $57 billion, up 11% YoY, reinforces its unparalleled expertise in Networking, Security, Collab...

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20Dec By editor3No Comments

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Bank of Baroda empowers students with the launch of the bob BRO Savings Account

New Delhi, December 20, 2023. Bank of Baroda (Bank), one of India's leading public sector banks, has launched the bob BRO Savings Account - a Zero Balance Savings Account especially designed for students aged 16 to 25 years. The bob BRO Savings account provides students access to a banking programme that is customised to meet their specific needs and is easy & straightforward to operate, with no minimum balance requirement, a lifetime complimentary debit card and a number of other benefits.  The bob Bro Savings Account comes with a bundle of offers for students including no minimum balance, up to 15 basis points interest rate concession on Education Loans, complete waiver of processing fee on education loans and a lifetime free RuPay Platinum De...

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20Dec By editor3No Comments

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TATA Projects New Parliament Building Wins ENR’s Global Best Projects Awards 2023

Mumbai, December 20, 2023. TATA Projects, a leading EPC company in India, has won the prestigious Engineering News Record 2023 - Global Best Projects Awards for the construction of the New Parliament Building. This significant recognition reinforces TATA Projects' commitment of delivering predictable & sustainable projects through Innovation and Technology. ENR's Global Best Projects Awards are renowned for highlighting the world's most remarkable engineering feats, celebrating projects that showcase outstanding achievements in innovation, collaboration, and technical complexity. The New Parliament Building, a testament to India's vibrant democracy, stood out amidst an impressive field of global contenders, earning this coveted recognition. Vinayak Pai, MD & CEO ...

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20Dec By editor3No Comments

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Gulf Oil’s Unstoppable Journey: Mirchi RJs Vanish, Unveiling a Thrilling Tale!

New Delhi, December 20, 2023. In a world where radio airwaves typically echo with familiar voices and catchy tunes, a recent campaign has disrupted the norm, leaving audiences in suspense and sparking nationwide intrigue. Titled ‘Unstoppable Journey,’ this innovative initiative, in collaboration with Gulf Oil and Mirchi, unveils the mysterious disappearance of three popular Mirchi radio jockeys – Yash, Nidhi, and Saran.  This groundbreaking narrative unfolded, revealing the compelling story of an unstoppable journey fuelled by Gulf Formula SUV engine oil. But what inspired the RJs to take this step? An ad where the cricketing icon Hardik Pandya went on an amazing journey after using Gulf Formula SUV as his engine oil, sparked the excitement in the RJs. With an intention of...

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20Dec By editor3No Comments

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Rupee rises 4 paise to 83.14 against US dollar

Mumbai, December 20, 2023. The rupee appreciated 4 paise to 83.14 against the US dollar in early trade on Wednesday as robust buying in domestic equities boosted investor sentiment. Forex traders said a weak greenback against major currencies overseas weighed in favour of the local currency amid concerns over oil supplies due to geopolitical situation. At the interbank foreign exchange, the domestic currency opened at 83.17 and gained further to trade at 83.14 against the greenback, registering a rise of 4 paise over its previous close.

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20Dec By editor3No Comments

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Mahindra Logistics announces sale of entire 39.79 pc stake in TLPL

New Delhi, December 20, 2023. Mahindra Logistics on Wednesday announced the sale of entire 39.79 per cent stake in its associate company Transtech Logistics Pvt Ltd (TLPL). Entered into a share purchase agreement with Transtech Logistics Pvt Ltd... for sale/transfer of the 39.79 per cent stake held by the company in TLPL i.e., 100 equity shares of Rs 10 each and 65,988 compulsorily convertible preference shares of Rs 50 each, for a consideration of Rs 1,32,176," Mahindra Logistics said in a filing to BSE.

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19Dec By editor3No Comments

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ONDC and Meta kick-off partnership to support small businesses unlock the power of digital commerce

New Delhi, December 19th, 2023. Today, ONDC and Meta have partnered to help small businesses unlock the power of digital commerce by enabling and educating them to build seamless conversational buyer and seller experiences on WhatsApp through an ecosystem of Meta’s business and technical solution providers. Meanwhile, ONDC will help these business solution providers become seller apps, bringing the businesses they service onto the ONDC Network and helping them drive commerce. To kick off the partnership, over the next two years, five lakh MSMEs will also be digitally upskilled through the Meta Small Business Academy. Born out of Meta’s commitment to up-skill 10 million small businesses across the country, Meta Small Business Academy offers a certification to empower entrepreneurs and...

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19Dec By editor3No Comments

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Empowering Journeys – Tata Motors Cheers on the Growing Excitement Among Women Embracing Electric Vehicles

Jaipur, December 19, 2023.  The increasing acceptance of electric vehicles in India is mirrored by a notable uptick in the preference for EVs among women buyers, showcasing a progressive shift in the automotive landscape.TATA.ev (Tata Motors) has played a pioneering role in the electric vehicle (EV) segment, driving widespread adoption through innovative advancements and a commitment to sustainable mobility. Tata Motors’ EV sales have consistently shown impressive year-on-year growth. In FY23, the Company sold more than 48,000 EVs, and they have already sold over 37,000 EVs in H1 of FY24.These figures indicate a growing demand for EVs as the market continues to mature and adoption barriers decrease. The recent data, analytics, and customer feedback by TATA.ev shed light on the r...

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