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1Jul

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Business News, Entertainment News, Feature

Zee-Sony merger deal could delays

New Delhi, July 01, 2023. Zee Entertainment Enterprises’ proposed merger with Sony may have to wait a little longer with no outcome yet on appeals filed by the former’s promoters in the Securities Appellate Tribunal (SAT). Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises MD and CEO Punit Goenka have filed appeals against the Securities and Exchange Board of India’s (Sebi’s) June 12 directive banning them from holding key positions in any listed entity. While some media experts say that the matter in SAT and the merger hearing in the NCLT are not linked, legal experts say they are. Satish Kishanchandani, managing partner, Pioneer Legal, a Mumbai-based corporate law firm, says, “The common link here is Punit Goenka. In the event, the SAT passes an adverse rulin...

30Jun

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Business News, Feature

The New BMW M 1000 RR Launched in India

Gurugram, June 2023. The new BMW M 1000 RR was launched in India today. Available as completely built-up units (CBU), this motorcycle can be pre-ordered at all BMW Motorrad India authorised dealerships from today onwards. The deliveries for the same will begin in November 2023. Mr. Vikram Pawah, President, BMW Group India said, “With the new BMW M 1000 RR, BMW Motorrad has set a new milestone in the field of superbikes. It is a motorcycle built for those who are driven by passion and ready to take on challenges. Sporting the look of a winner, coupled with uncompromising acceleration and pure performance, the new BMW M 1000 RR stands for absolute performance and exclusivity down to the last detail. Just the typical M.” The motorcycle is available in two variants at an ex-showroom p...

Amazfit Launches Pop 3R Smartwatch Under 5000

30Jun

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Business News, Feature

Amazfit Launches Pop 3R Smartwatch Under 5000

New Delhi, June 2023. Amazfit Pop 3R, one of the best smartwatches under 5000, is ready to make its mark in India. Exclusively launched in the country, this classic round metallic smartwatch features a stunning 1.43" HD AMOLED display. With its standout Bluetooth Calling feature, the Amazfit Pop 3R is perfect for fashion-forward young professionals. Mark your calendars for the launch on June 29th, 2023, and get ready to order yours from Flipkart or Amazfit's official website (in.amazfit.com) and for INR 3,999 and special launch day offers. On the occasion of the launch, CP Khandelwal, CEO of PR Innovations, the official partner for Amazfit, expressed his excitement, stating, “Amazfit Pop 3R transcends the boundaries of a mere smartwatch. It offers a glimpse into ...

Tata Motors Finance Elevates and Simplifies Digital Lending Capabilities with Fiserv

30Jun

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Business News, Feature

Tata Motors Finance Elevates and Simplifies Digital Lending Capabilities with Fiserv

Mumbai, June 2023. Tata Motors Finance Limited (TMFL), one of India’s leading automotive financiers, is fortifying its digital lending capabilities and enabling top-notch customer experiences through a new partnership with Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions. To advance its digital strategy and keep pace with rapidly changing customer expectations, Tata Motors Finance has implemented FirstVision™from Fiserv, a microservices-based platform-as-a-service with a set of APIs that supports orchestration of the digital user experience. “We are delighted to collaborate with Fiserv to unlock avenues for innovative last-mile service offerings for our key customers,” said Samrat Gupta, MD & CEO of Tata Motors Finance...

Intas launches DCGI-approved Tofacitinib Topical

30Jun

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Business News, Feature, Health News

Intas launches DCGI-approved Tofacitinib Topical

Ahmedabad, June 2023. Intas Pharmaceuticals Ltd., one of India's leading pharmaceutical companies with operations across the globe has launched TOFATAS – a DCGI-approved, Tofacitinib Ointment 2% w/w for the treatment of mild to moderate Atopic Dermatitis (AD) in patients 18 years and above having flare-ups of the disease. Atopic Dermatitis (AD) is a chronic inflammatory, non-communicable, and relapsing skin disease that most often develops in all age groups. Atopic Dermatitis is a multifactorial disease arising from a complex interaction between genetic, environmental, and immunological factors. Despite unmet needs, approximately 15 years have passed since a topical therapy with a new mechanism of action for atopic dermatitis (AD) has been introduced in India. The quality of li...

Bajaj Finance fixed deposit returns while minimising risks

30Jun

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Business News, Feature

Bajaj Finance fixed deposit returns while minimising risks

Jaipur, June 30, 2023. Fixed deposits have long been preferred investment avenues in the country. Almost 90% of Indian families consider FDs to be a reliable investment tool. And with good reason, since these are fixed-income instruments where the rate of interest does not depend on ever-changing market movements. The FD rate is locked in from the moment you book an FD up to maturity. Hence you can know the exact amount of earnings at maturity. Usually, these instruments offer lower returns given the low-risk tendency of such instruments, however, Bajaj Finance, a leading financial institution, offers FDs at attractive interest rates maximising your returns while minimising investment risk. Here are a few strategies that you can keep in mind ...

Axis Bank and Nita Mukesh Ambani Cultural Centre Announce a Multi-Year Strategic Collaboration

30Jun

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Business News, Feature

Axis Bank and Nita Mukesh Ambani Cultural Centre Announce a Multi-Year Strategic Collaboration

Mumbai, June 30, 2023. Burgundy Private, Axis Bank’s private banking business, and the Nita Mukesh Ambani Cultural Centre - announce a multi-year collaboration, forging a powerful alliance with the aim of creating a deep impact on India's cultural landscape. This will enable Burgundy Private to offer its premium customers an exceptional range of exclusive privileges and experiences, in addition to its bouquet of banking and wealth management services. Through this, customers will enjoy a host of unique benefits, including early ticket access, curated events and many more experiences at the Centre. Envisioned by Mrs. Nita Ambani, the Cultural Centre is home to the arts, artists, and the audience. It aims to make art accessible to all and promote India’s rich cultural heritage, which a...

Sale of Electoral Bonds at Authorised Branches of State Bank of India

30Jun

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Business News, Feature, National News

Sale of Electoral Bonds at Authorised Branches of State Bank of India

New Delhi, June 30, 2023. Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 2nd January 2018 (as amended vide Gazette Notification dated 7th November, 2022). As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated or established in India. A person being an individual can buy Electoral Bonds, either singly or jointly with other individuals. Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the S...

Aadhaar based face authentication transactions cross all time high of 10.6 million in May

30Jun

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Business News, Feature

Aadhaar based face authentication transactions cross all time high of 10.6 million in May

New Delhi, June 2023. Aadhaar based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all time high of 10.6 million, since its launch in October 2021. This is the second consecutive month to register more than 10 million face authentication transactions. The number of face authentication transactions is on an upward trajectory and the monthly numbers clocked in May is an increase of 38 per cent, compared with such transactions reported in January 2023, indicative of its growing usage. The AI/ML based face authentication solution developed in-house by the Unique Identification Authority of India (UIDAI), is now being used by 47 entities, including state government departments, ministries in the central gov...