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Technicolor and Dell Technologies continue to invent the next paradigms in the creative technology world
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Technicolor and Dell Technologies continue to invent the next paradigms in the creative technology world

New Delhi, November 21,2023.Dell Technologies (NYSE:DELL) today announced that - Technicolor Creative Studios,  has integrated Dell infrastructure  solutions for their IT transformation in India. This will help Technicolor Creative Studios explore new opportunities and expand their scope of creative projects in the country. With a rise in the need for VFX services across the movie, advertising and gaming industries, Technicolor Creative Studios was faced with the challenge of taking on newer projects due to lack in IT expertise. With Dell PowerScale, Dell’s scale-out file storage system, Technicolor Creative Studios is now better prepared to achieve their future goals. Dell Technologies will also deploy Dell Migration and Implementation Services, Deployment and Confi...
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Nexus Select Trust continues to deliver strong performance, declared first distribution of INR 2.98 per unit
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Nexus Select Trust continues to deliver strong performance, declared first distribution of INR 2.98 per unit

Mumbai, November 2023.Nexus Select Trust (NSE: NXST / BSE: 543913), India’s first listed Retail REIT, reported results today for the second quarter (first full quarter) ended September 30, 2023. The Board of Directors of Nexus Select Mall Management Private Limited, Manager to the Nexus Select Trust, at its Board Meeting held earlier today reviewed and approved the financial results of Nexus Select Trust.Business Highlight (Q2 FY24)• Strong operating performance with 97% leased occupancy (Retail) and 18% YoY tenant sales growth in Q2 FY24• Achieved Net Operating Income of INR 3,909 million (17% YoY growth) and on track to achieve FY24 projections• Our retail leased occupancy improved by 120 bps over September 2022• Maintained strong balance sheet with low LTV of 14%...
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DSP Mutual Fund launches DSP Banking & Financial Services Fund
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DSP Mutual Fund launches DSP Banking & Financial Services Fund

Mumbai, November, 2023.The Banking and Financial Services sector has been a structural growth story in India, which is evident in its outperformance over the broader Nifty 50 Index on all 10-year periods. The returns from the sector have also been more consistent across time periods compared to the broader Nifty 50 Index. However, the sector has been underperforming the Nifty 50 Index since September 2019. Hence, the possibility of a reversal in underperformance combined with reasonable valuations for the Banking and Financial Services sector along with their strong balance sheets present an interesting opportunity to investors.DSP Mutual Fund announced the launch of DSP Banking & Financial Services Fund (DSP BFSF),an open-ended scheme that offers investors an opportunity to pa...
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Kesari Golden Sugar unlocks a sweet secret, promoting a healthier life with #KhaoMeethaNoFikar
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Kesari Golden Sugar unlocks a sweet secret, promoting a healthier life with #KhaoMeethaNoFikar

New Delhi, November 20, 2023.In a world where sweetness and health often seem like an incompatible duo, Kesari Golden Sugar, emerges as the golden solution, inviting consumers to embark on a journey of guilt-free indulgence.  Golden is The Healthier Choice  At the heart of this movement lies the fundamental shift towards Kesari Golden Sugar, a naturally derived sweetener that transcends the boundaries set by traditional white sugar. Meticulously extracted from natural sugarcane using Nucane technology, Kesari Golden Sugar focuses on providing customers with a natural and healthy sugar alternative, boasting a low glycemic index (GI). Unlike regular sugar, this unique Kesari Golden Sugar retains its essential nutrients, presenting a beautiful golden hue, a ric...
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Modicare launches the all-new Hemp Lab range, a holistic skincare solution for repair & balance
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Modicare launches the all-new Hemp Lab range, a holistic skincare solution for repair & balance

New Delhi, November 16, 2023.Modicare Limited, one of India’s leading direct-selling companies, is thrilled to introduce the all-new Modicare Hemp Lab range, a curated skincare line that promises to rejuvenate and revitalize your skin, day and night. Backed by 3 years of intensive research, this innovative range is enriched with natural actives sourced from Europe, making it the one-stop solution for a complete skincare regime. In an ever-evolving landscape of skincare innovations, hemp has emerged as the game-changer. This versatile and powerful ingredient has quickly become the Holy Grail for those seeking transformative results in their beauty regimen. The Modicare Hemp Lab range comprises of a meticulously designed five-step regime - Repair & Balancing Foaming Fac...
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Bisleri Elevates its Brand Love Story Nationwide with Tiger 3
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Bisleri Elevates its Brand Love Story Nationwide with Tiger 3

Mumbai, November 16, 2023.Building on the resounding success of the limited-edition packs with the blockbuster movie Jawan, Bisleri is proud to unveil its latest partnership with the much-anticipated Bollywood movie, 'Tiger 3,' featuring superstar Salman Khan & Katrina Kaif, Directed By Maneesh Sharma & Produced By Aditya Chopra. The exclusive Bisleri X Tiger 3 limited-edition packs will showcase the charismatic duo Salman Khan and Katrina Kaif. It will be available in a diverse range of sizes, catering to all preferences, including 250ML, 500ML, 1 Litre, 2 Litres, and 5 Litres. Commenting on the association, Tushar Malhotra, Head of Marketing at Bisleri International Pvt. Ltd., said, "Bisleri’s limited edition partnership with Tiger 3 features Bollywood...
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India’s semiconductor sector provides huge business opportunities to Micron: Goyal
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India’s semiconductor sector provides huge business opportunities to Micron: Goyal

New Delhi, November 16, 2023.Commerce and Industry Minister Piyush Goyal has met Micron Technology CEO and President Sanjay Mehrotra in the US and discussed business opportunities in the growing semiconductor sector in India.The minister is in San Francisco for the Indo-Pacific Economic Framework (IPEF) meeting.US-based semiconductor company Micron is setting up India's first chip facility in Gujarat, which will create 5,000 direct and 15,000 indirect jobs in the coming years.
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Kotak’s Cardless EMI on Amazon to Offer Instant Consumer Finance in 3 Steps
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Kotak’s Cardless EMI on Amazon to Offer Instant Consumer Finance in 3 Steps

Mumbai, November 2023.Kotak Mahindra Bank (“KMBL”/ “Kotak”) today announced the launch of Cardless EMI (Equated Monthly Instalments) Payments on Amazon Pay, to provide its pre-approved customers easy access to instant consumer finance*, with just their Mobile Number and PAN (Permanent Account Number).The strategic association with Amazon Pay focuses on providing easy credit access and a seamless payment experience to customers, further enhancing their shopping experience this festive season. Shoppers on Amazon.in can now convert their high-value purchases of Electronics, Furniture, Lifestyle, and Apparel into convenient monthly EMIs, without using debit cards, credit cards, or even UPIs.Key Features:Instant Approval and Credit: Enjoy instant approval and immediate access t...
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MobiKwik Sparks Up the Festive Sason with Un missable Discounts and Cashback Extravaganza!
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MobiKwik Sparks Up the Festive Sason with Un missable Discounts and Cashback Extravaganza!

Gurugram, November 09 2023.Get ready for an electrifying Diwali with MobiKwik’s treasure trove of irresistible discounts and cashbacks thatextend throughout the month of November on categories such as electronics, apparel, jewellery, groceries, wellness and festive delicacies.Get set to enjoy incredible savings on your favorite brands!For the tech geeks looking for upgrades, MobiKwik has got thrilling cashback deals from Croma and Reliance Digital, perfect for all budgets. Plus, music enthusiasts, celebrate with Bose for up to Rs 1000 cashback! For mobile upgrades, choose MobiKwik at Samsung and more for an incredible up to Rs 2500 and 4% cashback.You can also elevate your festive style with MobiKwik's cashback deals.Get 4% cashback at Reliance Trends (up to Rs 200), Rs 200 on ...
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BLS continues to witness growth momentum Robust growth in profitability driven by improved business mix Operational Revenue at Rs 407.7 Cr in Q2FY24
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BLS continues to witness growth momentum Robust growth in profitability driven by improved business mix Operational Revenue at Rs 407.7 Cr in Q2FY24

New Delhi, November, 2023.BLS International Services Ltd, a trusted global tech- enabled services partner for governments and citizens, announced its unaudited consolidated financial results for the quarter and six-month period ended September 30, 2023.Management Discussion & Analysis of ResultsThe company continues to witness strong operating results. For the quarter ended September 30, 2023, company’s consolidated revenue rose 14.3% YoY to Rs. 407.7 Cr, while operating EBITDA witnessed a growth of 52.7% to Rs. 86.7 Cr.The company’s operating EBITDA margins continue to be in excess of 20%, primarily driven by an improved business mix, specifically in the Visa & Consular services segment.Management is focused on improving profitability and cash generation a...
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HERO MOTOCORP MAKES A SPLASH AT EICMA 2023
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HERO MOTOCORP MAKES A SPLASH AT EICMA 2023

Milan, November 08, 2023.“In keeping with our vision “Be the Future of Mobility”,Hero MotoCorp is driven by innovation and extensive research. Brand Hero is trusted by its 112 million customers across the world and is now transforming itself as a technology powerhousethat is ready to serve the evolving global customer.“Through our eco-friendly, sustainable green manufacturing, fuel-efficient ICE products and technologically-advanced electric vehicles, developed at our world-class research and development facilities in India and Germany, we are committed to meeting the current and future mobility needs of customers in diverse geographies around the world.“With this foray into Europe with our Electric Vehicles, I am confident that Hero MotoCorp will soon emerge as a trusted bran...
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Nexus Celebration announces their sustainable festive campaign
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Nexus Celebration announces their sustainable festive campaign

Udaipur, November, 2023.As the global community grapples with escalating challenges posed by increased carbon footprint, Nexus Select Trust, India’s largest retail platform remains firmly grounded on their commitment of building a world of inclusive and sustainable development. Reinforcing the promise of making environment friendly choices and encouraging others to so the same, India’s largest mall owner and operator has launched an innovative Sustainable themed Diwali campaign inviting people from all over the country to come forward and donate packaging waste, paper bags and old newspapers etc. The highlight of the campaign aretheDiwali installations at most of their malls, which are made mostly from recycled paper and corrugated sheets.This festive season, Nexus Celebration Mall...
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Shriram General Insurance HY1 FY24 Net Profit Rises 47%
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Shriram General Insurance HY1 FY24 Net Profit Rises 47%

Jaipur, November 2023.Shriram General Insurance Company (SGIC) on Tuesday said it wrote 27,34,197 policies driven by growth in GWP and higher focus towards Electrical Vehicle segment (6.39%).The company earned a net profit of Rs 217 crores during the first half of FY24, a 47 % increase YoY. For the Q2 of FY24, the net profit was Rs 119 crores. The Board of Directors declared an Interim Dividend of Rs. 3/- per share.The insurer, jointly owned by Shriram Group and Africa’s Sanlam Group, said that 83% of all its policies were issued through digital mode. Its Gross Written Premium (GWP) stood at Rs 1310 crores, a rise of 32 % over the same period last year and the Company is hopeful of achieving a premium growth of around 40% in FY 2023-24. The company’s solvency at the end of Sept...
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IBM Expands Relationship with AWS to Deepen Generative AI Innovation and Launch a New Innovation Lab in India
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IBM Expands Relationship with AWS to Deepen Generative AI Innovation and Launch a New Innovation Lab in India

Bangalore, November 07, 2023.IBM (NYSE: IBM) today announced an expansion of its relationship with Amazon Web Services (AWS)to help more mutual clients operationalize and derive value from the latest technologies, including generative artificial intelligence (AI). As part of this, IBM launched the Innovation Lab, in collaboration with AWS, at the IBM Client Experience Center in Bangalore.The lab is a first of its kind for the IBM-AWS collaboration and is open to clients from around the world to explore joint IBM-AWS solutions and test prototypes and proofs of value that aim to help accelerate innovation across industries such as Banking and Financial Services, Automotive, Manufacturing, Energy and Utilities, Travel and Transportation, and Healthcare, among others.The lab is div...
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Standard Chartered Bank drives in financing access for Tata Motors’Passenger Electric Vehicle Dealers
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Standard Chartered Bank drives in financing access for Tata Motors’Passenger Electric Vehicle Dealers

Jaipur, November 06, 2023.Standard Chartered Bank, India, today announced that it has partnered with Tata Motors, India’s leading automobile manufacturer, for offering Supply Chain Finance Solutions to their passenger Electric Vehicle (EV) dealers. Currently Standard Chartered Bank offers inventory funding limitsto the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses.The Memorandum of Understanding (MoU) will enable the Bank to extend additional limits to the dealers exclusively for procurement of EVs from Tata Motors, through its subsidiary Tata Passenger Electric Mobility Limited (TPEML).Tata Motors has been dominating the Indian 4-wheeler EVmarket commanding a market share of over 73% andthis funding solution will further augment the com...
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Costa Coffee launches its Diwali campaign, #CostaWaliDiwali in collaboration with Shivesh Bhatia
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Costa Coffee launches its Diwali campaign, #CostaWaliDiwali in collaboration with Shivesh Bhatia

New Delhi, 06 November, 2023.Costa Coffee, Coca-Cola’s leading coffee brand in the commercial beverage categories in India, is excited to launch the Diwali campaign of this year, #CostaWaliDiwali in collaboration with Shivesh Bhatia, the renowned baker and content creator. Together, they bring forth an unforgettable Diwali-inspired menu for coffee enthusiasts. This collaboration ensures a remarkable experience, seamlessly fusing the traditional Diwali essence with Costa Coffee's modern and innovative spirit.To embrace the vibrant flavours and festive spirit of Diwali, Costa Coffee proudly presents the Blisstachio Rose beverage family. Taking inspiration from traditional Indian mithai, this exceptional collection re imagines these timeless flavours in a contemporary avatar, crafting...
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Markets continue to rally for 2nd day on positive global trends
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Markets continue to rally for 2nd day on positive global trends

Mumbai, November 03, 2023.Equity benchmark indices Sensex and Nifty ended with gains on Friday in line with positive trends in global markets.Extending its previous day's rally, the 30-share BSE Sensex climbed 282.88 points or 0.44 per cent to settle at 64,363.78. During the day, it jumped 454.29 points or 0.70 per cent to 64,535.19.The Nifty went up by 97.35 points or 0.51 per cent to 19,230.60.
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Celebrate Festive Glamour in Style with Modicare Limited’s Exclusive Festive Range, Urban Color London Gold Collection
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Celebrate Festive Glamour in Style with Modicare Limited’s Exclusive Festive Range, Urban Color London Gold Collection

New Delhi, November 03, 2023.Amidst the joyous festivities echoing across India, Modicare Limited; one of India’s leading direct-selling companies is delighted to unveil its limited-edition Urban Color London Gold Collection. Offering a range of vibrant and colorful cosmetics, this collection provides the perfect opportunity to radiate with brilliance and make this festive season truly unforgettable. The Gold Collection, launched under Modicare’s color cosmetics brand Urban Color London reflects the individuality of today's woman – strong, independent, intelligent, creative, and vivacious.Each product within the Gold Collection, from the striking Black Loyalty Kajal to the array of 6 vivid Creme Lipcolors and 6 dazzling Matte Lipcolors, has been carefully crafted to encapsulat...
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Tata Motors Consolidated Q 2 FY2 4 Results: Automaker posts Rs 3,764-crore profit
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Tata Motors Consolidated Q 2 FY2 4 Results: Automaker posts Rs 3,764-crore profit

New Delhi, November 2023.Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2023.  Consolidated(₹ Cr Ind AS)Jaguar Land Rover(£m, IFRS)Tata Commercial Vehicles(₹Cr, Ind AS)Tata Passenger Vehicles(₹ Cr, Ind AS)FY24Vs. PYFY24Vs. PYFY24Vs. PYFY24Vs. PYQ2 FY24Revenue105,12832.1 %6,85730.4 %20,08722.3%   12,174(3.0)%   EBITDA (%)13.7400 bps14.9430 bps10.4540 bps6.5110 bpsEBIT (%)7.5510 bps7.3630 bps7.9 560 bps1.8140 bpsPBT (bei)6,110₹7,883 crs442£615m1,526₹1,234 crs296₹129 crsH1 FY24Revenue207,36436.8 %13,76042.4 %37,07813.4%   25,0133.8%   EBITDA (%)14.0540 bps15.6680 bps10.0480 bps5.910 bpsEBIT (%)7.8680 bps8.0950 bps7.2460 bps1.480 bpsPBT (bei)11,439₹18,175 crs877£1,574m2,462₹1,869 c...
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TPEM and JLR announce platform-sharing partnership to accelerate development of TPEM’s ‘premium pure electric’ series ‘Avinya’
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TPEM and JLR announce platform-sharing partnership to accelerate development of TPEM’s ‘premium pure electric’ series ‘Avinya’

Mumbai, November 2023.Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover Plc (JLR), both 100% subsidiaries of Tata Motors Limited (TML),have enteredinto a Memorandum of Understanding (MoU) for the licensing of JLR’s Electrified Modular Architecture (EMA) platform for a royalty fee (including electrical architecture, electric drive unit, battery pack and manufacturing know-hows) for the development of TPEM’s ‘premium pure electric’ vehicles series ‘Avinya’ on the EMA platform.TPEM and JLR will also enter into an Engineering Services Agreement (ESA)to support TPEM’s change content requirements for the first vehicle development.JLR’s EMA platform will underpin JLR’s next generation of ‘pure electric’ mid-sized SUVs for international markets,to be launched from 2025 onwa...
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Srinagar Smart City takes the green route with Tata Motors Ultra EV electric buses
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Srinagar Smart City takes the green route with Tata Motors Ultra EV electric buses

Srinagar,  November 2023.Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has supplied the first batch of state-of-the art Ultra EV air-conditioned electric buses to Srinagar Smart City Limited, via TML Smart City Mobility Solutions (J&K) Pvt Ltd, a Tata Motors Group company. The delivery of the electric buses is a part of its larger order to supply, maintain and operate 100 electric buses in Srinagar and 100 electric buses in Jammu, for a period 12-years for Jammu and Srinagar Smart City projects. The collaboration is a part of an initiative of Housing and Urban Development Department, Government of Jammu & Kashmir to establish an environmentally and financially sustainable network of public transport for Srinagar. The zero-emission bus...
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Kotak Mahindra Bank and Zurich Insurance Group Announce Strategic Alliance
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Kotak Mahindra Bank and Zurich Insurance Group Announce Strategic Alliance

Mumbai, November 02, 2023. Kotak Mahindra Bank Limited (“Bank”), Kotak Mahindra General Insurance Company Limited (“Kotak General Insurance”) and Zurich Insurance Company Limited (“Zurich”) have entered into definitive agreements for a transaction wherebyZurich will invest(approximately)Rs 4,051croreto acquire a51% stake in Kotak General Insurancethrough a combination of fresh growth capital and share purchase. Further, Zurich will acquire an additional stake of 19% within a period of three years from its initial acquisition (“Transaction”). Zurich’s investment represents the single largest investment by a global strategic insurer in an Indian non-life insurer.Dipak Gupta, MD & CEO, Kotak Mahindra Bank Limited said, “The alliance brings together two trusted and respected b...
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Tanishq Embraces the Spirit of Diwali
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Tanishq Embraces the Spirit of Diwali

Bengaluru, November 01, 2023.As the enchanting festival of lights, Diwali, draws near, Tanishq, India's premier jewelry brand, embarks on a magical journey that delves deep into the heart of the glorious past. Introducing the 'Dharohar' collection, Tanishq pays a heartfelt tribute to the timeless charm of heirloom artifacts from an era long gone by, beautifully weaving a connection between the old and new legacies, bridging generations with a sense of heritage and nostalgia. ‘Dharohar' is more than just a collection, it is a celebration of the heart-warming narratives that have shaped the magnificent past. It is a testament to the traditions handed down through generations, from treasured family recipes to cherished memories that define who we are. With 'Dharohar,' Tanishq introdu...
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