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OYO elevates Rakesh Kumar as Chief Financial Officer
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OYO elevates Rakesh Kumar as Chief Financial Officer

New Delhi, December 12, 2023.Hospitality technology platform OYO on Tuesday announced the elevation of Rakesh Kumar to Chief Financial Officer (CFO) with effect from January 1, 2024.Abhishek Gupta, the current CFO, will continue with OYO in an advisory and mentorship capacity, OYO said in a statement.Kumar, who is currently working as Deputy Chief Financial Officer, in his new role as the CFO, will continue driving financial strategy and operational efficiency, the company said.
Passenger vehicle wholesales grow 4% in November
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Passenger vehicle wholesales grow 4% in November

New Delhi, December 12, 2023.Domestic passenger vehicle wholesales rose by around 4 per cent year-on-year in November, driven by robust demand for utility vehicles, industry body SIAM said .Passenger vehicle dispatches from companies to dealers rose to 3,34,130 units last month, the best ever figure for the month of November, from 3,22,268 units in same month last year.Two-wheeler sales rose to 16,23,399 units last month, a growth of 31 per cent as compared to 12,36,282 units in November 2022.
Indian Organizations Say Hybrid Cloud Approach is Critical to Unlock the Power of Generative AI: IBM Report
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Indian Organizations Say Hybrid Cloud Approach is Critical to Unlock the Power of Generative AI: IBM Report

Bengaluru, December 2023. A new global survey from IBM (NYSE: IBM) revealed that in India,64% of hybrid cloud users have a formal, organization-wide policy and/or approach for the use of Generative AI (GenAI). However, barriers that once slowed down hybrid cloud adoption are now impeding the implementation of GenAI.Cloud leaders are concerned about the challenges associated with the privacy and confidentiality of data and information when adopting GenAI. In addition to the ability to unlock the power of generative AI being cited as one of the key benefits of a hybrid cloud approach,leaders agreed that a cloud environment is essential for managing sustainability initiatives at an enterprise level, but workforce deficiencies in cloud skills are impacting implementation.The ...
Tata Passenger Electric Mobility Ltd. collaborates with leading Charge Point Operators to setup over 10,000 charging stations by FY25
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Tata Passenger Electric Mobility Ltd. collaborates with leading Charge Point Operators to setup over 10,000 charging stations by FY25

Mumbai, 11 December, 2023.Tata Passenger Electric Mobility Ltd. (TPEM), pioneers of India’s EV revolution, today signed a Memorandum of Understanding (MoU) with leading charge point operators (CPOs),Chargezone, Glida, Statiq, and Zeon,to further develop India’s charging infrastructure. This MoU crucially builds on the significant existing presence of each operatorin the charging ecosystem and TPEM’s unique telematics insights basis more than 1.15 lakh Tata EVs on Indian roads. TPEM will actively assist the four CPOs in installing chargers at locations most frequented by its EV owners and share insights on how the chargers are being used to help understand and enhance customer experience.Chargezone, Glida(formerly known as Fortum Charge & Drive India), Statiq, and Zeon are leadi...
Motorola Is the First Smartphone Brand to Introduce PANTONE™
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Motorola Is the First Smartphone Brand to Introduce PANTONE™

New Delhi, December 11, 2023.Motorola, India’s best 5G smartphone brand and Pantone, the global color authority, have teamed up for the second year to create devices in the Pantone Color of the Year. The Pantone Color of the Year 2024, PANTONE 13-1023 Peach Fuzz, reinforces the importance of human connection and so do the devices chosen to represent it – the motorola razr 40 ultra and motorola edge 40 neo.Motorola is the first and only smartphone brand to collaborate with PANTONE™, in line with its commitment to differentiate with design & colours while enriching people’s lives through meaningful innovation. This year marks the 25th anniversary of the Pantone Color of the Year program with the chosen color PANTONE 13-1023 Peach Fuzz. A velve...
RBI projects growth to hit 7 per cent this fiscal, repo rate unchanged
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RBI projects growth to hit 7 per cent this fiscal, repo rate unchanged

Jaipur, December 2023.Reserve Bank of India's (RBI) decision to keep key interest rates unchanged for the fifth consecutive time.The NSE Nifty 50 index saw a rise of 0.37%, reaching 20,976.70 points, and the S&P BSE Sensex increased by 0.36%, hitting 69,770.14 points by 10:10 am IST.The RBI chose to maintain the key repo rate at 6.50%, a decision influenced by strong economic growth and the anticipation of rising food prices in the upcoming months.Mr. Virat Diwanji, Group President and Head - Consumer Bank, Kotak Mahindra Bank Ltd Said ‘’The RBI monetary policy is on the lines of the wider market expectation. However, the GDP growth projection at 7% is higher than anticipated but seems clearly inspired by the stellar show in the Sept quarter GDP numbers. With the robustnes...
Bharat Petroleum and Tata Passenger Electric Mobility collaborate to setup 7,000 chargers
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Bharat Petroleum and Tata Passenger Electric Mobility collaborate to setup 7,000 chargers

Mumbai, 8th December 2023.Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 and a Fully Integrated Maharatna Energy Company and Tata Passenger Electric Mobility Ltd. (TPEM), known for pioneering India's electric vehicle revolution, have signed an MOU to collaborate in establishing public charging stations across India.The collaboration will leverage BPCL's widespread fuel stations network and TPEM's insights from over 1.15 lakh Tata EVs on Indian road, to set up chargers at locations frequently visited by Tata EV owners. Additionally, BPCL will gather insights on charger usage to improve customer experience.This agreement between TPEM and BPCL aims to improve the overall experience for EV owners across India. The two companies are also exploring the possibility of introduc...
MICE! – A giant leap forward for India: HAI
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MICE! – A giant leap forward for India: HAI

New Delhi, December 2023.The recent and re-sounding success of India's G20 presidency has sparked tremendous interest in India globally. Not only did India take centre stage, but India Tourism too gained on account of the presidency which saw delegates from Member countries visit India over the period of more than a year. The presidency coming at an opportune post covid time promoted India as a safe destination and built travellerconfidencelike no other means could have. About 200 meetings were organised in 56 cities across the country. These meetings showcased not just India’s rich ancient heritage but also the country’s modern infrastructure including its MICE capabilities, to the world.ThePresidencyhas provided an excellent launch pad for tourism campaigns and the Ministry has b...
Tata Motors and HDFC Bank sign MoU for seamless digital financing solutions
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Tata Motors and HDFC Bank sign MoU for seamless digital financing solutions

Mumbai, December, 2023.Tata Motors, India’s largest commercial vehicle manufacturer, and HDFC Bank, India’s largest private sector bank enter into a Memorandum of Understanding (MoU) to provide attractive digital financing solutions for its commercial vehicle customers. This collaboration marks a significant leap in enhancing the accessibility of financial services for Tata Motors commercial vehicles customers. Under this partnership, Tata Motors customers can now seamlessly access HDFC Bank's vehicle financing solutions through Tata Motors' Online Sales Platform and the innovative Tata e-Guru mobile application. The integration of financial services into the digital ecosystem will ensure a streamlined process, allowing customers to select their preferred financier that suits the requi...
Taste of GOILA: Master Chef Saransh Goila’s GOILA Butter Chicken is making its way to Rajasthan!
Business News, Feature, Food and Beverages, Rajasthan News

Taste of GOILA: Master Chef Saransh Goila’s GOILA Butter Chicken is making its way to Rajasthan!

Jaipur, December 07, 2023.Goila Butter Chicken, the culinary masterpiece founded by the renowned Indian MasterChef SaranshGoila and VivekSahani, is all set to take you on an unforgettable gastronomic journey in Rajasthan. They are now introducing their branches in various cities across Rajasthan, including Jaipur, Udaipur, and Jodhpur.Originating in the bustling heart of Mumbai in 2016, Goila Butter Chicken has become a true ambassador of authentic Indian cuisine. The brand reinvented the iconic Butter Chicken while staying true to the rich heritage of Indian cuisine, embracing its original flavors and delivering a taste that resonates with your soul. Not just butter chicken! Veg or Non-Veg, Side dishes or Main course, their North Indian menu is equally savory and smoky.This ev...
TECNO SPARK Go 2024 Goes on Sale Starting December 7th at Retail Outlets and Amazon
Business News

TECNO SPARK Go 2024 Goes on Sale Starting December 7th at Retail Outlets and Amazon

New Delhi, December 07, 2023.TECNO Mobile, the premium smartphone brand will go live with its newly launched SPARK Go 2024’s - ‘Bharat ka Apna SPARK’ first-ever sale in India on nearby retail touchpoints and Amazon.Since its debut in 2020, the SPARK Go series has been a transformative force, setting trends with its innovative features, all while maintaining an affordable price accessible to the majority of Indians. Now, introducing the SPARK Go 2024, poised to elevate the game even further.Crafted for the vibrant spirit of Aspirational Bharat, the SPARK Go 2024 is not just a phone – it's a tech masterpiece that breaks free from the ordinary. Imagine a smartphone that's not just a device, but a gateway to an immersive world of possibilities.The SPARK Go 2...
IDFC FIRST Bank Changes the Credit Card Transaction Game with the Introduction of Digital Credit Cards on the RuPay Platform
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IDFC FIRST Bank Changes the Credit Card Transaction Game with the Introduction of Digital Credit Cards on the RuPay Platform

Mumbai, December 07, 2023.Keeping in sync with its focus on enhancing customer convenience and revolutionizing transactional experiences, IDFC FIRST Bank announces the launch of their IDFC FIRST Bank digital RuPay Credit Card, powered for UPI.This digital card is an addition to customers’ existing IDFC FIRST Bank Credit Cards, and it seamlessly blend the benefits of UPI transactions and core credit card offerings: a game-changing approach to payments.This comes on the back of the launch of the FIRST Power and FIRST Power+ Credit Cards, that IDFC FIRST Bank and HPCL introduced earlier this year on the RuPay network – which can be availed through the IDFC First Bank’s website, and select HPCL pumps. With smart and simple digital onboarding solutions, customers can apply from anyw...
Sensex, Nifty ; Sensex falls over 200 points
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Sensex, Nifty ; Sensex falls over 200 points

New Delhi, December 07, 2023.Benchmarks Sensex and Nifty snapped their seven-day run in early trade on Thursday amid selling pressure from foreign institutional investors and tracking cues from Asian markets.Analysts said, receding crude oil prices in international markets failed to boost sentiment as investors turned to book profit ahead of RBI's monetary policy decision.The 30-share BSE Sensex fell 211.21 points, or 0.30 per cent, to 69,442.52. The broader index Nifty also declined 58.95 points, or 0.28 per cent to 20,878.75.
AMD launches series of innovative AI solutions for data centres to personal computers
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AMD launches series of innovative AI solutions for data centres to personal computers

New Delhi, December 07, 2023.To take advantage of fast growing Artificial Intelligence (AI) space, chipmaker AMD has launched a series of products for data centres to personal computers (PCs).The Santa Clara-based semiconductor company introduced multiple new products, including the AMD Instinct MI300 Series data centre AI accelerators, ROCm 6 open software stack with new features supporting Large Language Models (LLMs), and Ryzen 8040 Series processors with Ryzen AI."AI is the future of computing and AMD is uniquely positioned to power the end-to-end infrastructure that will define this AI era, from massive cloud installations to enterprise clusters and AI-enabled intelligent embedded devices and PCs
Godrej Capital Nirmaan enhances its offering; partners with DBS Bank India, Visa, and Amazon to aid MSME growth
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Godrej Capital Nirmaan enhances its offering; partners with DBS Bank India, Visa, and Amazon to aid MSME growth

Mumbai, December 07, 2023.Over the last decade, significant strides have been made in reducing the credit gap for small businesses in India. However, securing credit is only one of the many challenges faced. It's a long list, but growing sales amidst intense competition, efficient cash flow management, scarcity of skilled manpower, the uphill task of an ever-changing technology landscape, and grappling with legal and compliance norms due to limited resources and know-how are right up there along with timely credit at good terms.Amidst this backdrop, the Godrej Group, with a rich history of over 125 years in Indian business, stands poised to tackle these challenges. Rooted in the ethos of 'nation-building' and fortified by the trust of Indian consumers in the brand Godrej, Godrej Ca...
DSP Mutual Fund launches first-of-its-kind DSP Nifty Smallcap250 Quality 50 Index Fund
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DSP Mutual Fund launches first-of-its-kind DSP Nifty Smallcap250 Quality 50 Index Fund

Mumbai, December, 2023.DSP Mutual Fund announced the launch of the first-ever ‘Quality-Focused’Smallcap FundDSP Nifty Smallcap250 Quality 50 Index Fund(DSP NSQ50IF),an open-ended scheme tracking Nifty Smallcap250 Quality 50 Index.Out of the 250 stocks in the Nifty Smallcap250 universe, theindex applies exclusion criteria and stock selection criteria to filter out companies and choose 50 stocks that fit the criteria. The quality filters include Return on Equity, Debt to Equity and Earnings Per Share. Hence, the Nifty Smallcap250 Quality 50 Index (Quality Index)has companies that have higher return on equity and lower leverage compared to the Nifty Smallcap250 (broader Index).Investors are recommended to buy DSP NSQ50IFvia the SIP route. 10-Year SIP returns have shown that long-term ...
Sonalika Achieves new Landmark with Highest ever overall market share of 16.3% in Nov’23
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Sonalika Achieves new Landmark with Highest ever overall market share of 16.3% in Nov’23

New Delhi, December 06, 2023.India’s No.1 tractor export brand, Sonalika Tractors truly believes in delivering excellence in farming operations and ensures progress for farmers with its heavy duty tractor portfolio. Developing customised tractors for every soil type, the company has clocked its highest ever 16.3% market share in November’23. Sonalika has also clocked robust November overall sales of 12,891 tractors, which is powered by highest growth of 23%, over 10,464 tractors sold in Nov’22.With this, Sonalika has also beaten industry growth in Nov’23 (est.2%) and surpassed 1 lakh tractor sales mark 7th year in row (FY'18 - FY'24). Favourable conditions such as bullish buying during the festive season, coupled with Sonalika's timely product availability and ideal product mix ena...
Dell Technologies’ India Digital Inclusion Program Outreach Expanded After Equipping 2 Million Citizens with Digital Skills
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Dell Technologies’ India Digital Inclusion Program Outreach Expanded After Equipping 2 Million Citizens with Digital Skills

Bangalore, December 06, 2023.Dell Technologies announced that it has met its target of positively impacting 2 million beneficiaries through the Mobile Solar Community Hubs launched last year in India. These mobile hubs are technology-enabled and equipped with requisite devices, including laptops, television screens for broadcasting messages, solar panels to power devices, 4G internet hotspot facility and self-paced learning content, to help the community access online services. The goal of these mobile hubs is to travel from town to town providing internet and computer technology to local community members. Dell has a global goal of impacting one billion lives by 2030 and is committed to achieving it in a combination of going deep in communities of need, scaling thr...
PM Modi to inaugurate ‘Uttarakhand Global Investors Summit 2023’ in Dehradun on 08th December
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PM Modi to inaugurate ‘Uttarakhand Global Investors Summit 2023’ in Dehradun on 08th December

New Delhi, December 06, 2023.Prime Minister Narendra Modi will inaugurate the 'Uttarakhand Global Investors Summit 2023' in Dehradun on December 8 as the hill state looks to boost investment in the coming years.The 'Uttarakhand Global Investors Summit 2023' is a step towards establishing Uttarakhand as a new investment destination and the theme of the two-day event is 'Peace to Prosperity'.
Tata Motors launches all-new Intra V70 pickup, Intra V20 Gold pickup and Ace HT+
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Tata Motors launches all-new Intra V70 pickup, Intra V20 Gold pickup and Ace HT+

Mumbai, 5th December 2023.Tata Motors, India’s largest commercial vehicle manufacturer, announced the launch of the all-new Intra V70, Intra V20 Gold and Ace HT+, in line with its commitment to make first and last mile transportation more efficient. These new vehicles are engineered to carry higher payloads over longer distances with better economics. Offering best in class features, these vehicles can be used for a variety of applications, delivering higher profits and productivity, both in urban and rural India. Tata Motors also launched improved versions of its popular Intra V50 and Ace Diesel vehicles, reengineered to lower fuel consumption with reduced cost of ownership. With these new launches, Tata Motors offers the widest range of small commercial vehicles and pickups, enabling...
TECNO Sets the Bar High With SPARK GO 2024
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TECNO Sets the Bar High With SPARK GO 2024

New Delhi, December 05, 2023.TECNO, the global smartphone brand revolutionizes the sub-7K smartphone segment by launching SPARK GO 2024 - ‘Bharat ka Apna SPARK’, priced aggressively starting at INR 6,699.Since the SPARK GO series burst onto the scene in 2020, it's been a total game-changer, setting trends and shaking up the tech scene with its innovative features, all while keeping the price tag within reach of majority of Indians. And guess what? The SPARK GO 2024 is here to take things up a notch!Designed to match the vibes of Aspirational Bharat, the SPARK GO 2024 doesn't just tick the boxes; it brings in a whole bunch of segment-first features for an epic experience that covers everything from work to entertainment. Plus, it won't break the bank, with the 3GB RAM+64GB ROM v...
Nestlé India wins “best industry – product innovation for mainstreaming millets” award
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Nestlé India wins “best industry – product innovation for mainstreaming millets” award

Jaipur, December 04, 2023.Nestlé India was awarded the "best industry - product innovation for mainstreaming millets" by Nutrihub, ICAR-IIMR during the highly acclaimed "International Nutri-Cereal Convention 5.0". The event, which was hosted by Nutrihub, IIMR-ICAR, successfully brought together various stakeholders such as policymakers, producers, processors, researchers, academicians, R&D institutes, incubators, startups, micro-entrepreneurs, and NGOs working in the millets eco-system. This recognition reaffirms Nestlé India's commitment to excellence and innovation in the food industry.Commenting on the faster adoption of millets, Mr. Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “Nestlé India is deeply honoured to receive best industry- product innovat...
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