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Tech Mahindra Q4 net profit tanks 41 pc to Rs 661 cr
Business News, Feature

Tech Mahindra Q4 net profit tanks 41 pc to Rs 661 cr

New Delhi, April 24, 2024. IT services company Tech Mahindra on Thursday reported about 41 per cent year-on-year fall in its consolidated net profit to Rs 661 crore for the quarter ended March 2024.The net profit in the year-ago period was Rs 1,117.7 crore.For Q4FY24, the Tech Mahindra's revenue dropped by 6.2 per cent to Rs 12,871 crore.
SBI General Insurance logs 28 pc jump in profit at Rs 240 cr in FY’24
Business News, Feature, National News

SBI General Insurance logs 28 pc jump in profit at Rs 240 cr in FY’24

New Delhi, April 25, 2024.SBI General Insurance on Thursday reported a 27.6 per cent rise in net profit at Rs 240 crore for the financial year ended March 2024.The non-life subsidiary of State Bank of India had recorded a net profit of Rs 188 crore in the previous financial year.The company also demonstrated strong growth in overall business clocking a Gross Written Premium (GWP) of Rs 12,731 crore, registering a growth of 17 per cent over the previous year, SBI General Insurance said in a statement.
High Quality Fiber Glass Mesh -Super Mesh Launched by Jogani Reinforcement- First time in India
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High Quality Fiber Glass Mesh -Super Mesh Launched by Jogani Reinforcement- First time in India

New Delhi, April 25, 2024. JOGANI Reinforcement has launched JOGANI Super Mesh – High Quality Fiber Glass Mesh with 10mm by 10mm hole size for better Workability, Mortar Penetration and Ease of Fixing- First time In India for Controlling Cracks and Increasing Durability of Constructions.The latest addition to its reinforcement material product line is its internationally grade Alkali Resistant ARACC Coated JOGANI Super Mesh- Fiber Glass Mesh. The high tensile strength, lightweight and high quality - highly effective in preventing wall cracking, especially at construction joints and concealed areas resulting to saving in maintenance/ repair costs. Increase in the durability of buildings and constructions.JOGANI Reinforcement’s Super Mesh or Jogani Fiber Glass Plas...
Ultraviolette F77 Mach 2 e-bike launched at ₹2.99 lakh
Automobile News, Business News

Ultraviolette F77 Mach 2 e-bike launched at ₹2.99 lakh

Jaipur, April 25, 2024.Ultraviolette Automotive has today launched the electric sport bike F77 Mach 2 in the Indian market. The Mach 2 is an updated version of the F77, which was launched in late 2022. Bengaluru based EV startup company has introduced it in India with some cosmetic changes. This includes better range, new technology, more power and features.The company claims that it can run up to 323km on full charge. Mach 2 has been launched in the market with two variants (Standard and Recon) and 9 color options. The standard variant has been priced at Rs 2.99 and the Recon at Rs 3.99 lakh (both prices ex-showroom, Bengaluru). These are introductory prices, available only for the first 1000 customers.
Samsung India Launches the 2nd Season of ‘Samsung Innovation Campus’
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Samsung India Launches the 2nd Season of ‘Samsung Innovation Campus’

New Delhi,  April 24,2024. Samsung, India’s largest consumer electronics brand, has launched the second season of its national skilling programme- Samsung Innovation Campus - designed to upskilltheyouth in future-tech domains such as AI, IoT, Big Data, and Coding & Programming. Samsung Innovation Campus aims to upskill youth aged 18-25 years in future technologies and enhance their employability.The programme strengthens Samsung’s commitment to being a strong partner and contributor to the India growth story. It is also designed to support Government of India initiatives such as Skill India and Digital India to create the right opportunities for the youth.A Memorandum of Understanding to train 3,500 students across India has been signed between Samsungand the Elec...
Tata Passenger Electric Mobility signs an MOU with Verteloto accelerate e-mobility in India
Automobile News, Business News, Feature, National News

Tata Passenger Electric Mobility signs an MOU with Verteloto accelerate e-mobility in India

Mumbai, 24th April 2024.Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors Ltd., known for pioneering India's electric vehicle (EV) revolution, has signed a non-binding Memorandum of Understanding with Vertelo, a Macquarie managed integrated fleet electrification platform, for the delivery of 2,000 XPRES-T EVs. This partnership aims to bolster the plans to accelerate India’s transition to sustainable e-mobility. The company will begin deliveries of the cars to Vertelo in a phased manner.Speaking on the partnership, Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd. said, “As market leaders of passenger EVs in India, we are committed to the uptake of sustainable mobility in the country. We are delighted to partner with Verteloi...
Colgate-Palmolive (India) champions workplace equity with a robust policy for persons with disabilities
Business News, Feature, National News

Colgate-Palmolive (India) champions workplace equity with a robust policy for persons with disabilities

New Delhi, April 24, 2024. Colgate-Palmolive India, a global leader in oral care, announces the implementation of its Workplace Inclusivity Policy for persons with disabilities (PwD). The newly launched policy underscores the company's commitment to fostering an inclusive and supportive work environment, ensuring that every member of the Colgate-Palmolive India family, regardless of their ability, is provided with the necessary support and resources to flourish both personally and professionally.Under the WIN policy, employees (and their children) who belong to the Persons with Disabilities (PWD) category are eligible for benefits such as;•  Assistive Technology Reimbursements : To enhance productivity, employees can avail reimbursement for the purchase and ...
Usha iChef: Premium Appliances Made with You in Mind
Business News, Fashion & Lifestyle, Feature, National News

Usha iChef: Premium Appliances Made with You in Mind

New Delhi, April 24, 2024.With temperatures rising by the day, summers are now fully upon us. It’s that season where each one of us is looking for ways to eat healthy and yet spend as little time in the kitchen as possible.This is where these go-to gadgets come into play. Each one is meant to take a load off while delivering food that is not only delicious but healthy too.We are talking about Usha’s new I-Chef range of appliances that includes the iSteam that can air-fry, bake, and steam - so you literally get three gadgets in one. They also offer two air-fryers, one of which has a Borosil glass pan that offers 360* visibility while your food is cooking, and once the food is cooked the same pan can be used as a serving bowl too. Their programmable kettle is a gre...
Meta Ray-Ban smart glasses will now allow users to make video calls via WhatsApp 
Business News, Feature

Meta Ray-Ban smart glasses will now allow users to make video calls via WhatsApp 

New Delhi, April 24, 2024.Meta has unveiled an exciting new update for its Ray-Ban smart glasses, allowing users to make video calls through popular messaging apps WhatsApp and Messenger. This new feature aims to enhance users' sharing experiences by enabling them to share their view in real-time during calls, whether it's capturing a stunning landscape on a hike or seeking advice while grocery shopping.The video calling capability is designed to be completely hands-free, allowing users to share what they see with friends and family in all its unedited glory. This feature is not only ideal for sharing memorable moments but also for everyday activities such as getting advice on choosing the right brand of kombucha or checking the ripeness of a pineapple while shopping.The Ray-Ba...
Xiaomi launches Redmi Pad SE, Redmi Buds 5A  in India
Business News, Feature

Xiaomi launches Redmi Pad SE, Redmi Buds 5A in India

New Delhi, April 24, 2024.Xiaomi has just launched a couple of new devices in the market and the same will go on sale soon. The brand, during the live-streamed event called Smarter Living, introduced us to the Redmi Pad SE, Redmi Buds 5A, Robot Vacum Cleaner S10, and a handheld garment steamer.While the price of the Redmi Pad SE starts from Rs 12,999, the garment steamer's price starts from Rs 2,299. Xiaomi also introduced a special edition of the Redmi Note 13 Pro+ AFA Edition for football lovers and fans in collaboration with the Argentina Football Association.
RIL Q4 results: Net profit falls 2% to Rs 18,951 crore
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RIL Q4 results: Net profit falls 2% to Rs 18,951 crore

Mumbai, April 24, 2024.Reliance Industries Limited (RIL) posted its results for the fourth quarter of FY24 on Monday, with the net profit declining by 2% at Rs18,951 crore in comparison to Rs 19,299 crore in the year-ago period.Revenue from operations increased by 11% year-on-year to Rs 2.4 lakh crore in the reporting period, up from Rs 2.16 lakh crore in the previous year's quarter. While the company's net profit fell, it is better than what analysts had predicted.
United Spirits gets Rs 29.69 cr VAT demand
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United Spirits gets Rs 29.69 cr VAT demand

New Delhi, April 23, 2024.United Spirits Ltd on Tuesday said excise and taxation authority has raised a VAT demand of Rs 29.69 crore on it after disallowing the benefit of credit notes claimed in the financial year 2020-2021.The company has received a VAT assessment order from the Excise and Taxation Officer-cum-Assessing Authority, Ward-I, Palwal, Haryana for FY 2020-2021.A VAT demand for Rs 29.69 crore, including interest of Rs 13.47 crore, has been raised, United Spirits said in a regulatory filing.
Toyota Kirloskar Motor Announces the Launch of Fortuner LEADER EDITION
Automobile News, Business News

Toyota Kirloskar Motor Announces the Launch of Fortuner LEADER EDITION

Bangalore,22nd April 2024. The Toyota Fortuner needs no introduction, and to celebrate the success of this most admired SUV, Toyota Kirloskar Motor (TKM) today launched the LEADER EDITION of the Fortuner in the India market. Building upon its renowned features, Fortuner LEADER EDITION brings distinctive design with many add-on features.The Fortuner LEADER EDITION stands out with its commanding presence, accentuated by varied style elements. Featuring a dynamic front and rear bumper spoiler, this vehicle exudes an aura of boldness and sophistication, reflecting the true essence of leadership. One of the key highlights of the Fortuner LEADER EDITION is its prominent dual-tone exterior, available in a palette of ‘black, white, and clarity’. This unique combination not only enhanc...
Tata Motors celebrates 4 lakh happy customers of the Magic; introduces first-in-its-segment, Magic Bi-Fuel
Automobile News, Business News, Feature, National News

Tata Motors celebrates 4 lakh happy customers of the Magic; introduces first-in-its-segment, Magic Bi-Fuel

Mumbai, 22 April 2024. Tata Motors, India’s largest commercial vehicle manufacturer, celebrates the remarkable milestone of 4 lakh happy customers of the Tata Magic – India’s most preferred van. On the momentous occasion, the company has introduced a new variant, the Magic Bi-Fuel, to further increase the convenience of its customers. Renowned for its reliability, efficiency and affordability in the last-mile transportation, the 10-seater Tata Magic has been the ideal choice of commuters and operators. The sleek design, safety and passenger comfort of the Tata Magic have been pivotal to its continued successes over the years.The Tata Magic comes equipped with an array of value-added features such as an Eco switch, gearshift advisor and enhanced driver ergonomics, all aimed at ...
Hitachi’s Xpandable+ technology Series of air conditioners aims to set new norms for Uniform Cooling in large spaces
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Hitachi’s Xpandable+ technology Series of air conditioners aims to set new norms for Uniform Cooling in large spaces

New Delhi, April 22, 2024. In the pursuit of comfort and convenience within our homes, one of the most essential elements is efficient and effective cooling, especially in large spaces. Whether it's a spacious living room, a sprawling entertainment area, or an expansive office space, achieving uniform cooling across such areas can be a challenge. Hitachi Cooling and Heating’s innovative Xpandable+series of air conditioners is all set to offer unparalleled comfort and uniform cooling to Indian homes.The Xpandable+ series from Hitachi is designed to meet the unique cooling needs of your home spaces, offering a perfect blend of advanced technology, superior performance, and unmatched reliability. The Hitachi Xpandable+ consist of 6 series:1) Yoshi (One of the best): Yosh...
Bajaj Auto big bike space for Rs 15,000 crore Pulsar brand with new 400 model
Automobile News, Business News

Bajaj Auto big bike space for Rs 15,000 crore Pulsar brand with new 400 model

New Delhi, April 2024.With the launch of the new Pulsar NS400 on May 3, Bajaj Auto is looking to expand the Rs 15,000 crore Pulsar brand into the big bike space, according to a senior company official.Since its inception, the Bajaj Pulsar brand has generated almost Rs 15,000 crore in revenue from the domestic and export markets. Currently, it is sold in different avatars, starting with its presence in the 125cc segment and going all the way up to the 250cc segment.
Bridgestone eyes 25% revenue, 11% volume growth in India by 2026
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Bridgestone eyes 25% revenue, 11% volume growth in India by 2026

New Delhi, April 22, 2024.With India as the fastest growing market in its global portfolio, Japanese tyre manufacturer Bridgestone is targeting revenue growth of 25% while enhancing its volumes by over 11% in the country by 2026 with a focus on premium products and services.Bridgestone has 130 manufacturing plants and research and development facilities across the globe. It boasts a global revenue of USD 30 billion.
Wipro Q4 net profit falls 7.8% to Rs 2,835 cr; new CEO flags uncertainty in macro environment
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Wipro Q4 net profit falls 7.8% to Rs 2,835 cr; new CEO flags uncertainty in macro environment

New Delhi, April 20, 2024.IT service company Wipro on Friday reported a 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about Rs 2834.6 crore, and cautioned that the macroeconomic environment remains "uncertain".The Bengaluru-headquartered company, which recently saw a change of guard with Srinivas Pallia taking over at the helm as the new Chief Executive Officer, has given IT Services revenue growth guidance in the (-)1.5 per cent to +0.5 per cent band for June quarter on a constant currency basis.While the numbers were in line with the analysts' estimates, the guidance of the company was below industry expectations.
Samsung Launches 8GB+128GB Variant of Galaxy F15 5G
Business News, Feature

Samsung Launches 8GB+128GB Variant of Galaxy F15 5G

Gurugram, April 2024.Samsung, India’s largest consumer electronics brand, today announced the launch of a new storage variant, 8GB+128GB,for Galaxy F15 5G at INR 15999.Galaxy F15 5G stands out with a segment-best 6000mAh battery, sAMOLED display, and four generations of Android upgrades, and five years of security updates ensuring users can enjoy the latest features and enhanced security for years to come.The smartphone is also available in 4GB+128GB and 6GB+128GB storage variants and comes in three stunning colors – Ash Black, Groovy Violet, and Jazzy Green.Galaxy F15 5G flaunts Galaxy’s signature design philosophy for a premium feel and features a segment-best 6.5” sAMOLED display for an immersive viewing experience. With the sAMOLED display, scrolling through social medi...
India’s First Long-Haul Electric AC Seater + Sleeper Bus Service launched by NueGo
Automobile News, Business News, Feature

India’s First Long-Haul Electric AC Seater + Sleeper Bus Service launched by NueGo

Hyderabad, April 18 2024.NueGo, a pioneer in sustainable mass mobility, is set to revolutionise the long-distance travel journey with the launch of India's first intercity electric bus service. This is a significant step towards decarbonization and creating a more sustainable public transportation ecosystem in India. There is growing adoption of electric buses amongst consumers, as they produce zero tail pipe emissions and reduce air pollution.NueGo has deployed multiple seater + sleeper buses on its major routes across India such as Bengaluru - Chennai, Bengaluru - Coimbatore, Vijaywada - Vizag, Delhi – Jaipur,  Delhi - Amritsar. NueGo is planning to expand its operations by launching new routes and build charging infrastructure to ensure smooth on-road operations. NueGo is a...
Vinod Cookware Launches New Triply Pressure Cooker Combo Sets
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Vinod Cookware Launches New Triply Pressure Cooker Combo Sets

Mumbai,  April 2024.Vinod Cookware, a leading name in kitchenware, introduces the latest Triply Pressure Cooker Combo Sets under its Platinum Range with a common Lid. The innovative combos include the pairing of a 3-liter Pressure Cooker and a 2-liter (Mini) Pressure Cooker, both equipped with a shared lid, at INR 6470/- as well as a 5-liter pressure Cooker paired with a 3.5-liter (Junior) Pressure Cooker, priced at INR 7895/- with a common lid. Notably, customers can enjoy a cost-saving of INR 300/- when purchasing a Combo Set. These sets boast a Triple-Layer Construction with SAS Metal, ensuring durability and versatility for a wide variety of dishes. The cookers are ISI and CE certified, backed by a 24-month warranty, providing customers with a safe and efficient cooking experience....
Agrimax Foods unveils Bake&Co.- A brand of Specialized Millet based Healthy Baked Products under the PMFME Scheme
Business News, Feature, Food and Beverages, National News

Agrimax Foods unveils Bake&Co.- A brand of Specialized Millet based Healthy Baked Products under the PMFME Scheme

New Delhi, April 2024.Agrimax Foods LLP, an ISO 9001:2015 food solutions company, is excited to announce its new brand, ‘Bake&Co.’ This brand is set to redefine the landscape of Millet based baked products with its emphasis on health, nutrition, and unmatched taste. Bake&Co.'s launch is supported by the government's PMFME scheme which aims to boost micro food enterprises across the country.Agrimax Foods LLP incorporated with a vision to maximise the agricultural value chain adds value to farmers, processors and consumers. Agrimax Foods believes in directly sourcing the raw materials from the farmers, adding value at the processing stage and meeting the standards of the discerning audience.Bake&Co. focusing on ‘Healthy Snacking’ offers a delicious range of healthy ba...
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