Tuesday, July 1

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Business News Jaipur, Jaipur Business News

Jindal Stainless Unveils Arttd’inox
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Jindal Stainless Unveils Arttd’inox

New Delhi, April 10, 2024. Jindal Stainless JSL (NSE: JSL), the country's largest stainless steel manufacturer, today announced its exciting foray into the B2C space with the launch of premium cookware range under the umbrella brand of Arttd'inox (a Jindal Lifestyle initiative). It signifies a fusion of cutting-edge innovation and unmatched quality, designed to elevate the culinary experience for home chefs.Arttd'inox is more than mere cookware as it aims to transform kitchens into sophisticated culinary havens. With a meticulously crafted collection, each piece embodies the timeless essence of 'Art in Stainless Steel', designed for both functionality and aesthetics.Speaking on the launch, Mr. Ranjan Choudhary, CEO, Jindal Lifestyle,said, "At Jinda...
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Sonalika records all time high annual overall market share 15.3% (est.) in FY’24 
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Sonalika records all time high annual overall market share 15.3% (est.) in FY’24 

New Delhi, 10th April, 2024.India’s No.1 tractor export brand, Sonalika Tractors is elated to have concluded its comprehensive FY’24 journey by setting a new stellar landmark while promoting its commitment of innovation and leveraging its farmer-centric approach. The company is excited to clocked highest ever overall annual market share of 15.3% (est.) as well as become the only tractor brand to grow in the domestic market in FY’24. The sensational performance has even enabled Sonalika to perform better than the industry performance.The newest peak at Sonalika also includes an unassailable 34.4% exports market share (est.) clocked during FY’24 among the tractor exporting companies from India. This includes a staggering 6.2% percentile point (est.) change in market share a...
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Ola-Uber started subscription based service
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Ola-Uber started subscription based service

Jaipur, April 10, 2024.Now auto rickshaw drivers providing taxi services through Ola and Uber will now get full payment for every ride. For this, both the cab service providing companies have rolled out subscription based plans.Auto drivers will benefit from this plan because they will no longer have to pay commission to the companies after the ride. Namma Yatri and Rapido have already started this type of service.Ola has launched this model in some big cities including Delhi-NCR, Mumbai, Bengaluru and Hyderabad. At the same time, this service of Uber will be available in 6 cities including Chennai, Kochi and Visakhapatnam.Under this new plan, now both the auto service aggregators will charge a fixed fee per day or week from the auto driver instead of charging commission on every ride. Wit...
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Fun88 New Millionaires: 5 Lucky Players Hit Crazy Time Jackpot
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Fun88 New Millionaires: 5 Lucky Players Hit Crazy Time Jackpot

New Delhi, April 09, 2024.Fun88 is thrilled to announce an extraordinary victory in the renowned Crazy Time game, where 5 fortunate players have collectively won a staggering amount of ₹1 Crore. This remarkable win highlights the excitement and potential rewards available to all participants in the dynamic world of live casino gaming.Five users decided to try the luck on the Crazy Time live casino game at Fun88 on 3rd April 2024. They each chipped in a small amount of ₹100 & hit a massive jackpot. "We were just playing for fun, but Fun88 India turned our ₹500 bet into a life-changing ₹1 Crore win!" said Shrikanth Reddy, one of the Jackpot Winners.Crazy Time, a live game show with multipliers, bonus rounds give a chance to win BIG on every spin. Its innovative design an...
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motorola edge 50 Pro Goes on Sale in India with the World’s First True Colour Camera and Display
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motorola edge 50 Pro Goes on Sale in India with the World’s First True Colour Camera and Display

Jaipur, April 09, 2024.Motorola, India’s best 5G smartphone brand, recently unveiled the motorola edge 50 Pro at the global first launch in India for its premium edge franchise. The edge 50 Pro goes on sale today at 12 PM on Flipkart, Motorola.in and leading retail stores across India, at an incredible limited period offer price of just Rs. Rs. 27,999 including all offers. The motorola edge 50 Pro is equipped with the World’s 1st AI Powered Pro-Grade Camera with true color output validated by Pantone. The camera meets Pantone’s evaluation and grading criteria by authentically simulating the full range of real-world Pantone Colors. Furthermore, Pantone SkinTone™ Validated assures the camera captures results representing the vast spectrum of human skin tones. The new AI Photo Enhancement...
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Vioma Motors unveils Retro-inspired e-Scooter Thunderbolt and Starc e-Bike
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Vioma Motors unveils Retro-inspired e-Scooter Thunderbolt and Starc e-Bike

Mumbai, April 09, 2024.In a momentous event that encapsulated innovation and excitement, Vioma Motors, an innovative E-mobility platform, confronts the challenge of range anxiety in the EV industry head-on. Employing a comprehensive approach, Vioma designs all vehicle components in-house, covering everything from the powertrain to the body. Recently, they unveiled their latest creations - the Thunderbolt e-scooter and Starc electric bike, heralding a new era in urban transportation.The Thunderbolt e-scooter, aptly named for its lightning-fast speed and dynamic performance, boasts a maximum speed of 120 kmph. Its sleek design and cutting-edge features capture attention, but its true standout feature lies in its customization options. Riders can personalize every aspec...
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Godrej Properties clocks record sales bookings in FY’24
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Godrej Properties clocks record sales bookings in FY’24

Mumbai, April 09, 2024.Realty firm Godrej Properties on Tuesday reported a 84 per cent increase in sales booking to a record Rs 22,500 crore in the last financial year, on higher volumes amid strong consumer demand for residential properties.Godrej Properties has surpassed the sales booking numbers of Bengaluru-based Prestige Group, which on Monday reported pre-sales of Rs 21,040 crore during the last fiscal year.During the fourth quarter of the last fiscal, Godrej Properties’ sales bookings more than doubled to over Rs 9,500 crore year-on-year.Its sales bookings during the last fiscal grew by 84 per cent year-on-year to more than Rs 22,500 crore.“This is the highest-ever annual sales announced to date by any publicly listed real estate developer in India. This was achieved...
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Flipkart Expands its Footprint in Travel Offerings
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Flipkart Expands its Footprint in Travel Offerings

Bengaluru, April 2024.Flipkart, India's homegrown digital commerce ecosystem has announced the launch of bus services on its App. In collaboration with multiple state transport corporations and private aggregators,  Flipkart will offer customers the choice of choosing from  10 lakh bus connections with connectivity to 25,000+ routes across India. This is in addition to the flight and hotel booking services that have been available under the Flipkart Travel banner.This launch is a step towards Flipkart’s plan to meet the evolving travellers’ needs in the segment. With immense synergy between the existing customer base of Flipkart and bus travelers in general, the company’s proposition to enable affordable travel will be a game changer in the competitive landscape. Redempti...
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Bajaj Finance hikes FD rates for most tenures by up to 60 bps; highest rate continues at 8.85% 
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Bajaj Finance hikes FD rates for most tenures by up to 60 bps; highest rate continues at 8.85% 

Pune, April 8, 2024.Bajaj Finance Ltd., part of Bajaj Finserv Ltd., one of the country’s largest financial services groups, has announced hikes in Fixed Deposits (FDs) ratesacross mosttenures.Effective April 3, 2024, the companyhas increased FD rates for senior citizens by up to 60 basis points in the 25-to-35-month tenure and 40 basis points in the 18-to-24-month tenure.For non-senior citizens, rates have been hiked by up to 45 basis points in the 25-to-35-month tenure,40 basis points in the 18 and 22monthtenures, and 35 basis points in the 30 and 33-month tenures.The move presents an opportunity for savers to secure stable and better returns in prevailing market conditions.Senior citizens can continue to avail FD rates of up to 8.85% and non-senior citizens can take b...
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Samsung to Launch New Range of AI TVs in India on April 17
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Samsung to Launch New Range of AI TVs in India on April 17

Gurugram, April 2024.Samsung, India’s largest consumer electronics brand, is gearing up to launch its new range of Artificial Intelligence-powered televisions on April 17, 2024.The upcoming launch of AI televisions comes on the back of Samsung's big AI-related announcements earlier this year. Samsung launched Galaxy AI for its smartphones with Galaxy S24 series in January, and Bespoke AI for its home appliances earlier this week.Samsung's Neo QLED 8K series, Neo QLED 4K series and the OLED series are all likely to be powered by AI this year.Samsung has also started taking early orders from consumers interested in buying its new range of AI TVs in India. Consumers can pre-order Samsung's new AI TVs by paying INR 5000 on Samsung.com and the Samsung shop App. Customers who pre...
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Nippon Paint unveils Mastercraft, for exemplary automotive aftermarket body and paint work, powered by sustainable technology
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Nippon Paint unveils Mastercraft, for exemplary automotive aftermarket body and paint work, powered by sustainable technology

Gurugram, April 2024.Asia Pacific’s leading paint and coating company, Nippon Paint has launched its consumer facing automotive body and paint repair service brand, Mastercraft. Mastercraft promises exemplary body and paint work, car decoration services and ultra-fast velocity repairs, backed by Japanese precision and technology.The first Mastercraft store has been established in Gurugram. Mastercraft Gurugram, operated by N-Square Automotive Services will cater to the discerning automobile owners of Gurugram, Delhi and NCR who increasingly demand impeccable paint finishes. The Gurugram centre will provide innovative, state-of-the-art technology and green solutions, with a capacity to repair around 2500 cars annually.Through its extensive network of partners and franchises, Nip...
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Muthoot EXIM launches first Gold Point Centre in Rajasthan
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Business News, Feature, Rajasthan News

Muthoot EXIM launches first Gold Point Centre in Rajasthan

Jaipur, April 6, 2024.Muthoot Exim (P) Ltd., the precious metal arm of business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue),has announced the launch of their first Gold Point Centre in the state of Rajasthan at No-G-22, ground floor, front side of Jagdamba tower, plot no-E3, Amrapali Circle, Vaishali Nagar, Jaipur, Rajasthan-302021.With an objective of providing the customers a trusted and credible centre to sell their gold ensuring a seamless process, Muthoot Gold Point Centre aims to ensure transparent, fair, precise and efficient selling and recycling of gold.With this new branch, the company today has 22 Gold Point centres in India including two 'Mobile Muthoot Gold Point' (Mumbai & Bengaluru) which collects gold from the doorstep of the customers. Mut...
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Bharti Hexacom IPO
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Bharti Hexacom IPO

New Delhi, April 05, 2024.The public issue of Bharti Hexacom continued to get a solid response on April 5, the final day of bidding, as investors picked up 123.24 crore shares. This amounts to 29.88 times the issue of 4.12 crore shares that were up for grabs.Qualified institutional buyers (QIBs) took the lead, buying 48.57 times the allotted quota. Non institutional investors or NIIs were second in line subscribing 10.52 times the portion set aside for them, followed by retail investors who picked 2.83 times the allotted quota.
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Bandhan Bank founder CEO C S Ghosh resigns
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Bandhan Bank founder CEO C S Ghosh resigns

New Delhi, April 05, 2024. Bandhan Bank on Friday said its founder, managing director and CEO Chandra Shekhar Ghosh has tendered his resignation.Ghosh would retire from the services of the bank as MD and CEO upon completion of his current tenure on July 9, 2024, the bank said in a regulatory filing."After leading the bank for almost a decade, including three consecutive tenures as MD & CEO, I feel that the time has now come for me to assume a larger strategic role at Bandhan group level," Ghosh said in a letter addressed to the board.
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Pre-launch bookings open for the First-Ever All-Electric BMW i5 M60 xDrive
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Pre-launch bookings open for the First-Ever All-Electric BMW i5 M60 xDrive

Gurugram, April 05, 2024.BMW India will open bookings for the first-ever all-electric BMW i5 from 12:30 Hrs, 04 April 2024 onwards. The car will be available in the country as a Completely Built-Up (CBU) model and can be booked at the BMW dealership network and through BMW Online Shop.Mr. Vikram Pawah, President, BMW Group India said, “We are very excited to announce the pre-launch bookings of the first-ever BMW i5 M60 xDrive in India. The BMW i5 M60 xDrive is an epic athlete - it captivates from start to finish, and leads with elegant design, innovative technology and dynamic performance. BMW Group India has been a leader in the electric luxury car segment for two consecutive years, offering the most versatile portfolio - BMW i7, BMW iX, BMW i4, BMW iX1 and MINI SE. With the intro...
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Step into the #DoosraStadiumwith your gang for great food &match vibesat India’s favourite neighbourhood café – SOCIAL!
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Business News, Feature, Food and Beverages

Step into the #DoosraStadiumwith your gang for great food &match vibesat India’s favourite neighbourhood café – SOCIAL!

Jaipur, April 05, 2024.The cricket frenzy is spreading across the country and SOCIAL, a collective of creative neighbourhood cafés, is bringing the#DoosraStadium for its guests as they cheer for their favourite teams. Across the nation, SOCIAL outlets are embracing the cricketing fever with a special cricket-themed menu called theSOCIAL Stad-Yum menu with exclusive LLIITs, exciting offers for group gatherings, and a range of engaging activities, all wrapped up in stadium-inspired décor for that authentic match-day experience.In an exciting collaboration with Suryakumar Yadav, Ruturaj Gaikwad, and Ishan Kishan, SOCIAL aims to celebrate the spirit of camaraderie, creativity, and excellence, values that also resonate with SOCIAL and its communities. The #DoosraStadium campaign feature...
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IBM and Microsoft Collaborate to Launch Experience Zone in Bangalore
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IBM and Microsoft Collaborate to Launch Experience Zone in Bangalore

Bangalore, 04 April 2024.IBM Consulting and Microsoft today announced the opening of the IBM-Microsoft Experience Zone in Bangalore, India – a first of its kind for the collaboration. The Experience Zone providesa dedicated space for clients to explore how generative AI, hybrid cloud and other Microsoft products and technologies can accelerate their business transformation journeys and help them gain a strategic advantage.At the Experience Zone, clients from around the globe and across industries can work with IBM Consulting, in various technology zones, to co-ideate and co-create generative AI powered solutions that leverage Azure OpenAI Service, Copilot and other Microsoft technologies. Within the technology stations, clients can explore business solutions for cloud modernization...
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Mobil 1 TM 50th Anniversary: Ready for What’s Next
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Mobil 1 TM 50th Anniversary: Ready for What’s Next

Bengaluru, April 2024.ExxonMobil is proud to celebrate the 50th anniversary of the introduction of Mobil 1™ motor oil to the global marketplace. In 2024, ExxonMobil will commemorate its 50-year history of the Mobil 1™ brand with a series of initiatives across partnerships, motorsports, and virtual reality, each of which will highlight the brand’s legacy and what’s to come.Beginning as the first full synthetic automotive motor oil and later expanding into a line of Mobil 1 branded oils, the Mobil 1 brand has been at the forefront of engine protection for gas-powered and more recently, hybrid and electric carsdelivering unmatched quality and performance for the past five decades. Today, Mobil 1™is the world’s leading synthetic motor oil brand with an unwavering commitment to innovati...
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Toyota Kirloskar Motor Launches the All-New URBAN CRUISER TAISOR
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Toyota Kirloskar Motor Launches the All-New URBAN CRUISER TAISOR

Mumbai, April 2024.Toyota Kirloskar Motor (TKM), today launched the All-New Toyota URBAN CRUISER TAISOR, a dynamic addition to its robust and full range of versatile SUV line-up in India. Marking the company’s re-entry into the A-SUV segment, the All-New Toyota URBAN CRUISER TAISOR is positioned to offer a sense of prestige derived from the modern styling, cutting-edge features and advance technologies, which also makes it a perfect choice for Indian customers. The new product further reinforces the company’s commanding presence in the SUV category.The All-New URBAN CRUISER TAISOR is available in 1.0L Turbo, 1.2L Petrol and E-CNG options. The 1.0L Turbo is available in 5 Speed Manual Transmission and 6 Speed Automatic Transmission,thus offering a versatile choice for customers who ...
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Samsung Showcases Bespoke Home Appliances Featuring AI Capabilities and Enhanced Connectivity
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Samsung Showcases Bespoke Home Appliances Featuring AI Capabilities and Enhanced Connectivity

Mumbai, April 2024.Samsung, India’s largest consumer electronics brand, today showcased Bespoke appliances that are powered by AI, demonstrating the future of connected and sustainable homes. With AI-powered home appliances, Samsung aims at exceeding customers’ expectations in the fast growing premium appliances market.With inbuilt Wi-Fi, internal cameras and AI chips, Samsung’s latest appliances featuring Bespoke AI seamlessly connect and provide convenient home management with easy to access controls through the SmartThings Application.“We are introducing Bespoke AI, our next big innovation in home appliances which will ensure smarter living for Indian homes and reduce energy consumption, contributing to a greener planet. With our Bespoke AI-powered home appliances, consumers...
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TRAI releases Consultation Paper on ‘Inputs for formulation of National Broadcasting Policy-2024’
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TRAI releases Consultation Paper on ‘Inputs for formulation of National Broadcasting Policy-2024’

New Delhi, April 03, 2024.Telecom Regulatory Authority of India (TRAI) has released a Consultation Paper on ‘Inputs for formulation of National Broadcasting Policy-2024’ today. Ministry of Information and Broadcasting, through a reference dated 13th July 2023 requested the TRAI to provide its considered inputs under Section 11 of the TRAI Act, 1997 for formulation of the National Broadcasting Policy. As a first step, TRAI issued a Pre-Consultation Paper on 21st September 2023, to elicit the issues which are required to be considered for the formulation of National Broadcasting Policy. The TRAI received 28 comments. It has examined the issues emanating from the written submissions and meetings, studied various media and industry reports, public documents, international practice...
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Audi India grows 33% in FY23-24
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Audi India grows 33% in FY23-24

Mumbai, April 2024.Audi India has retailed 7,027 units in FY23-24 posting an overall growth of 33%. The brand has retailed 1,046 units in Q1 2024 encountering notable challenges with sales compared to the corresponding period last year, primarily due to supply chain disruptions.Mr. Balbir Singh Dhillon, Head of Audi India said, “We have seen robust growth of 33% in FY23-24 on the back of a diverse portfolio. Our product portfolio continues to witness strong demand and we are poised to overcome supply challenges. Despite ongoing growth in the luxury market, which is tapering off on the back of record-breaking sales in 2023, we are confident about the industry's potential to exceed 50,000 cars in 2024.”Audi Approved: plus the pre-owned car business also grew at 50%...
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