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Nifty hits life-time high, Sensex jumps 493 points on favourable macro data
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Nifty hits life-time high, Sensex jumps 493 points on favourable macro data

Mumbai, December 01, 2023.Key equity index Nifty hit its lifetime high while Sensex jumped 493 points to close at an 11-week high driven by favourable macroeconomic data and continuous foreign fund inflows.The 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19, the highest closing level since September 18. During the day, it surged 575.89 points or 0.85 per cent to 67,564.33.The Nifty climbed 134.75 points or 0.67 per cent to settle at an all-time high of 20,267.90. During the day, the benchmark touched its intra-day record high of 20,291.55, up 158.4 points or 0.78 per cent.
BLS International Opens a New State-of-the-art Visa Application Centre in Delhi
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BLS International Opens a New State-of-the-art Visa Application Centre in Delhi

New Delhi, November 30, 2023.BLS International, a trusted global tech-enabled services partner for governments and citizens and a global leader in visa processing and consular services, announced the inauguration of its new Visa Application Centre in Delhi. This new centre is part of BLS International's commitment to enhancing the customer experience and streamlining the visa application process.The newly inaugurated visa application centre, located at Dr. Gopaldas Bhawan, Barakhamba Road, is designed with cutting-edge infrastructure, advanced technology, and increased capacity to accommodate the growing demand for visa services. Spanning 7000 square feet the modern facility ensures a seamless experience for applicants, with state-of-the-art biometric enrollment and document verifi...
Tata Motors commences deliveries of top-of-the-line Prima VX tipper
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Tata Motors commences deliveries of top-of-the-line Prima VX tipper

Mumbai, 30th November2023.Redefining customer excellence, Tata Motors, India’s largest commercial vehicle manufacturer,commences deliveries ofstate-of-the-art Tata Prima VX tipper truck with top-of-the-line safety features.Thefeature-richtipper is designed for higherproductivityand with best-in-class conveniences and features for enhanced driver and vehicle safety. The Prima range of vehicles are now available in LX and VX trims, catering to the customer’s preferences and requirements.Loaded with state-of-the-art features, the Prima VX tipper boasts driver monitoring system, automatic traction control, hill-start assist,multimode FE (Fuel Efficiency) switch, camera-based park assist system, in-built touchscreen infotainment system, fuel monitoring system, pneumatically suspended dr...
Vinod Kalra of Rajasthan changed the fortunes of his shop and house with Pay Near Buy app.
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Vinod Kalra of Rajasthan changed the fortunes of his shop and house with Pay Near Buy app.

Sri Ganganagar, November 2023.Every morning, Vinod Kalra, resident of Sri Ganganagar, reaches his shop which is famous by the name of Kalra Traders. Be it heat, cold or rain, Kalra Traders opens its shutters every morning at 8:00 am. And every morning there is a crowd of customers in front of this small mobile shop.This crowd is made up of customers who have come to avail financial and digital services before going to work. The livelihood of most of the people of Shri Ganganagar, famous as 'Ann Bhandar' in Rajasthan, depends on farming and related industries. This is the reason why most of Vinod ji's customers are either farmers or daily wage laborers, to whom he has been providing all these services for the last 5 years. Now how about banking services in mobile shop? Because Vin...
Tata Motors inaugurates its state-of-the-art Registered Vehicle Scrapping Facility in Chandigarh
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Tata Motors inaugurates its state-of-the-art Registered Vehicle Scrapping Facility in Chandigarh

New Delhi, November 2023.Tata Motors, India’s leading automobile manufacturer, continues its commitment to sustainable mobility with the launch of its fourth Registered Vehicle Scrapping Facility (RVSF) in Chandigarh. Named 'Re.Wi.Re – Recycle with Respect,' the facility was unveiled by Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. The state-of-the-art facility uses environmentally-friendly processes and has the capacity to disassemble 12,000 end-of-life vehicles safely and sustainably, each year. The RVSF is developed and operated by Tata Motors’ partner Dada Trading Company and is equipped to scrap both passenger and commercial vehicles, regardless of their brand, aligning with the company’s vision to promote eco-friendl...
BharatPe Turns EBITDA Positive: Clocks October 2023 as the First Profitable Month
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BharatPe Turns EBITDA Positive: Clocks October 2023 as the First Profitable Month

Gurugram, November 28, 2023.BharatPe, one of India’s leading players in the fintech sector, today announced that it has turned EBITDA positive in October 2023. Additionally, it shared that its annualized revenue has surged past Rs. 1,500 Cr, a growth of 31% from c. This financial milestone is attributed to consistent growth across all its business lines. The company has also significantly cut down its EBITDA burn—which was averaging at Rs. 60 Cr per month in FY23—to attain EBITDA positivity. This significant milestone in conjunction with strong growth is a testament to the efforts of the team, enabled by strategic guidance from the Board. The company will continue taking strides toward being a market-leading financial services platform for the 50 million small businesses across India. ...
HDFC Life Sets a GUINNESS WORLD RECORDS™ Title for its ‘Insure India’ Campaign
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HDFC Life Sets a GUINNESS WORLD RECORDS™ Title for its ‘Insure India’ Campaign

Mumbai, November 28, 2023.HDFC Life, one of India’s leading insurers, has officially set a new Guinness World Records™ title for creating the largest online selfie mosaic made from 19,097 photos clicked by individuals for the ‘Insure India’ campaign.Life insurance penetration is still very low in India and thus, there is a need for greater recognition of its importance and increased adoption. In order to address this gap, HDFC Life launched the ‘Insure India’ campaign to raise awareness on the importance of life insurance amongst Indians. The campaign represents the concept of shared responsibility of employees, partners and customers, to drive positive change in ensuring the protection and financial wellbeing of every Indian through life insurance products and ser...
Maruti Suzuki, M&M, Audi plan price hikes in January 2024
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Maruti Suzuki, M&M, Audi plan price hikes in January 2024

New Delhi, November 28, 2023.Automakers Maruti Suzuki, Mahindra & Mahindra and Audi India on Monday announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall inflation and increased commodity rates.Besides, Tata Motors and Mercedes-Benz India are mulling increasing the prices of their models from January.The country's largest carmaker Maruti Suzuki India, which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between Rs 3.54 lakh and Rs 28.42 lakh (ex-showroom Delhi), on Monday said the price hike would vary from model to model.
Coca-Cola advances digital footprint by joining the ONDC Network
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Coca-Cola advances digital footprint by joining the ONDC Network

New Delhi, November, 2023.Coca-Cola India has announced its onboarding onto the Open Network for Digital Commerce (ONDC). The initial association is being supported through SellerApp, which will help Coca-Cola leverage the ONDC network with its data-driven insights, market intelligenceand strategies. Further, Coca-Cola has also launched its own marketplace, the 'Coke Shop’ exclusively on the ONDC platform. This innovative marketplace will transform how consumers interact with Coca-Cola products and empower retailers across the country.By joining ONDC Network — an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India — Coca-Cola India is poised to access a vast and diverse consumer base in the digi...
Tata Motors mulls price hike of PVs and EVs in January
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Tata Motors mulls price hike of PVs and EVs in January

New Delhi, November 27, 2023.Tata Motors increasing prices of its passenger and electric vehicles in January 2024.The company, which sells a range of passenger vehicles starting with hatchback Tiago to premium SUV Safari priced between Rs 5.6 lakh and Rs 25.94 lakh, however, did not specify the quantum of the proposed hike."We are considering a price hike across our passenger and electric vehicles in January 2024. The extent of the hike and exact details will be announced in a few weeks.
Tech Mahindra launches sports cloud platform on AWS
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Tech Mahindra launches sports cloud platform on AWS

New Delhi, November 27, 2023.Tech Mahindra on Monday said it has collaborated with Amazon Web Services (AWS) to build a sports cloud platform for sporting enthusiasts worldwide.Tech Mahindra and AWS will offer a comprehensive digital platform to sports organizations, offering use cases related to content and community engagement, customer data management and audience segmentation, and sports analytics,
Tata International Expands Operations in Nigeria at Lagos Free Zone
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Tata International Expands Operations in Nigeria at Lagos Free Zone

New Delhi, November 27, 2023.Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ). The agreement was signed in the presence of Anand Sen, Managing Director of Tata International Limited, by Managing Director of Tata Africa Holdings Pty Ltd, Len Brand. This marks a significant milestone in the company's commitment to the region.With a rich legacy spanning over four decades, Tata International is a key contributor to the economic landscape of the African continent. In 2006, Tata International established operations in Nigeria and since then has made a significant contribution in the country, upholding the core values of Tata’s business ethics and commitment to corporate social responsibility.“As a brand syno...
IBM Consulting opens new Client Innovation Center in Gandhinagar
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IBM Consulting opens new Client Innovation Center in Gandhinagar

Gandhinagar, November 2023.IBM (NYSE: IBM) today announced the opening of its new IBM Consulting Client Innovation Center (CIC) in Gandhinagar, India. This is a continuation of the ongoing expansion by IBM Consulting into non-metro and emerging cities across the country. In addition to gaining access and offering expanded opportunities to a broader talent pool, the Center will also help further fast-track the digital transformation and economic growth in the region.Speaking about the opening of the new IBM Consulting Client Innovation Centerin Gandhinagar,Hon'ble Chief Minister of Gujarat Shri Bhupendra Patel said, “Gujarat has consistently set milestones for the country as it progresses in its digital transformation journey and contributing to the realization of the Digi...
MSME Minister Shri Narayan Rane launches IndiaXports 2.0
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MSME Minister Shri Narayan Rane launches IndiaXports 2.0

New Delhi, November 24, 2023. India SME Forum (ISF), India’s largest non-governmental, not-for-profit organization for small and medium businesses, hosted a National Summit to launch IndiaXports 2.0, India’s first mass export development program, aimed to empower 200,000 first-time exporters to enter international markets by fostering export readiness and capacity building.Supporting the launch of the initiative, Shri Narayan Rane, Hon’ble Union, Minister of MSME, Government of India, said, “I extend my heartiest congratulations to India SME Forum for their commendable efforts in fostering the growth of MSMEs. The launch of IndiaXports 2.0 is a significant step towards empowering first-time exporters, aligning perfectly with the government's vision for industrial expansio...
Apple Granted Two Patents That Could Help Protect iPhone Screens From Snooping Eyes
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Apple Granted Two Patents That Could Help Protect iPhone Screens From Snooping Eyes

New Delhi, November 2023.Apple was recently granted two patents that could allow the company to develop technology that would make it difficult for snoopers to keep an eye on your iPhone or Mac. The novel screen technology could help protect information shown on a display by limiting the viewing angles of the display — this could replace the multipurpose screen protectors utilised by smartphone users that attempt to achieve the same result. The company has explored two methods of implementing the privacy features in its products.Apple's recently refer (via Apple Insider) refers to the use of a 'privacy film' that would be applied on curved displays in order to protect the contents of the screen from people in the vicinity. The document describes the use of a film with a light-bloc...
Nexus Celebration announces their Black Friday Sale
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Nexus Celebration announces their Black Friday Sale

Udaipur, November, 2023.Nexus Select Malls, India’s largest retail platform has announced their Black Friday Sale and assured gratifications for Udaipur. There are offers, deals and assured gratification up for grabs from November 24 to November 26.Over years Nexus Celebration Mall has been known to keep up with the latest trends and remain relevant to the city with exciting events, activations and ensuring everyone who shops takes home an assured gratification for shopping with them. During this Black Friday Sale, over 20 brands have announced upto50% OFF for a limited period.Get set for the festive season and upgrade your wardrobe, get your hands on your favourite gadgets or buy that long pending gift for your special someone before the deals run out.
iQoo 12 5G Will Launch in India With Android 14-Based Funtouch OS 14
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iQoo 12 5G Will Launch in India With Android 14-Based Funtouch OS 14

New Delhi, November 23, 2023. The iQoo 12 and the iQoo 12 Pro. The base model has long been scheduled to launch in the Indian market on December 12. There has been no word yet about the India launch of the high-end Pro variant though.The vanilla iQoo 12 model will include Qualcomm's latest chipset and feature a 50-megapixel triple rear camera unit. It is said to succeed the iQoo 11 5G, which was introduced in China in December 2022 and later in India in January this year. The company has now revealed the OS and availability details of the handset.The company announced that the iQoo 12 5G will launch in India with Android 14-based Funtouch OS 14, making it the first non-Pixel smartphone to launch in the country with Android 14 out-of-the-box. There are other models like the Gal...
Introducing Rascal: Redefining the Art of Ready-to-Drink Spirits
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Introducing Rascal: Redefining the Art of Ready-to-Drink Spirits

Jaipur, November 23, 2023.A new player has entered the spirits market, challenging the status quo and redefining the ready-to-drink (RTD) spirits scene. Rascal is not your average alcoholic beverage. It is a first-of-its-kind libation that marries the art of well-crafted cocktails with the refreshment of summer sodas, delivering a remarkable punch. Born out of the need to cater to the evolving tastes of Indian consumers, Rascal is bottled in a fun and vibrant 330ml glass bottle packaging and is infused with natural and nature-identical flavors, making it a delightful choice for those seeking an alternative to the conventional go-to beer. Rascal is being launched in 3 refreshing flavors - ‘Fresh Lime & Mint’, ‘Classic Rum & Cola’, and ‘Twisted Coffee &...
MG hector price hike for the third time this year
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MG hector price hike for the third time this year

Jaipur, November 23, 2023.MG Motor has raised the prices of its popular Hector and Hector Plus SUVs in India for the third time in a year. This latest increase, coming just three months after the August adjustment, sees a hike of up to ₹40,000 for the Chinese-owned British carmaker's best-selling models.,MG Motor introduced the 2023 version of the Hector, starting at ₹14.73 lakh (ex-showroom). Simultaneously, the Hector Plus SUV was launched at a price of ₹20.80 lakh (ex-showroom). The Hector SUV, available in both petrol and diesel variants, offers six different configurations: Style, Shine, Smart, Smart Pro, Sharp Pro, and Savvy Pro.
HomeLane Achieves Cash Profitability at Rs. 700 Cr Revenue ARR
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HomeLane Achieves Cash Profitability at Rs. 700 Cr Revenue ARR

Bengaluru, November 2023.HomeLane, India's premier home interiors brand, announced that it has turned cash-positive for September and October 2023. HomeLane is one of the few companies in the home interiors domain to have achieved this important milestone.HomeLane is now on track to not only sustain its cash-positive status but also grow 30% YoY in FY24. Srikanth Iyer and Tanuj Choudhry, the founders of HomeLane, jointly stated, "Achieving cash profitability gives us the independence to think long-term and take decisions accordingly. We are incredibly proud of our team's relentless efforts and are thrilled to set our next milestone of reaching EBITDA profitability in FY24."In an ambitious push, HomeLane is also set to surpass 1000 Cr in Order Book and...
Toyota Kirloskar Motor inks MOU with Government of Karnataka for next round of investments towards setting-up of a new plant
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Toyota Kirloskar Motor inks MOU with Government of Karnataka for next round of investments towards setting-up of a new plant

Bengaluru, November  2023.Staying true to its commitment of “Make in India” and producing “Mass Happiness for All”, Toyota Kirloskar Motor (TKM) today signed a Memorandum ofUnderstanding (MOU) with the Government of Karnataka toenhance its existing operations in the country through fresh investments.The investments of around INR 3,300 crores, coinciding with the landmark occasion of TKM’s 25-years of operations in India,involves setting-up of a new plant thus adding to capacity thereby resulting in a substantial boost to the local manufacturing eco-system,along with ushering new technologies to create “mobility for all”. This will be the company’s third plant in India, all situated at Bidadi near Bangalore, in Karnataka.This development also brings with it, potential for furth...
Tata Motors and Inchcape plc usher in a new era of commercial vehicle excellence in Thailand
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Tata Motors and Inchcape plc usher in a new era of commercial vehicle excellence in Thailand

Bangkok, 21 November 2023.Tata Motors, one of the world’s leading automobile manufacturers, is reaffirming its dedication to delivering class-leading commercial vehicles to the Thai market. The company, along with its authorised distributor Inchcape – a leading global automotive distributor, announced it has commenced the sales and service of its commercial vehicles across Thailand. This endeavour marks Tata Motors' commitment to revolutionising the landscape of commercial transportation in Thailand. The company also launched an impressive line-up of new-age trucks, including Tata Super Ace, Tata Ultra T.9, Tata Ultra T.14 and the flagship Tata Prima 5038.S, with a gamut of value-added services, such as Tata Protect and Tata OK.In April 2023, Tata Motors announced a strategic partn...
NeevCloud launches the country’s first Made in India AI SuperCloud
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NeevCloud launches the country’s first Made in India AI SuperCloud

Bangalore, November 21, 2023. NeevCloud, has today announced the launch of the country's first AI SuperCloud. The company aims to make India self-reliant on AI and Supercomputing and help users in resolving India's core challenges by deploying AI cloud infrastructure including 40,000 GPUs and storage worth $1.5 billion by 2026.MeitY's India AI 2023 report expects AI to add USD 967 billion to the Indian economy by 2035 and $450-500 billion by 2025 accounting for 10% of the $5 trillion GDP target by 2027. MSMEs are expected to be the major contributors to the growth in India, however there are challenges in terms of affordability, billing, transparency, and personalized support. NeevCloud aims to solve these challenges and democratize access to AI and supercom...
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