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12Sep

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Parle Products collaborates with IBM

Bengaluru, September 12, 2023. IBM (NYSE: IBM) today announced the expansion of its collaboration with Parle Products, the largest selling biscuit brand in India, to further the company’s digital transformation journey. By deploying cloud and AI for business solutions through the course of engagement, Parle was able to reduce sourcing cost, enhance sales forecast accuracy, lower cost to serve and optimize overall IT infrastructure.Prior to embarking on the transformation journey, Parle was dealing with complexities in their intricate supply and distribution network because of non-differentiated strategies across products as well as channel and fulfilment approaches. This resulted in service level constraints and higher cost to serve. Since its association with IBM in 2014...

Toyota Kirloskar Motor Showcases Special-purpose Iconic Hilux during the North Tech Symposium (2023),

12Sep

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Automobile News, Business News, Feature, National News

Toyota Kirloskar Motor Showcases Special-purpose Iconic Hilux during the North Tech Symposium (2023),

Jammu, 12 September 2023. Toyota Kirloskar Motor (TKM) today showcased two special purpose iconic Hilux, modified with the support of an authorised external vendor, at the North Tech Symposium 2023 (NTS), a technology-showcase annual event conducted by the Northern Command of the Indian Armyin collaboration with Society of Indian Defence Manufacturers (SIDM) & IIT Jammu. This event aims to promote state-of-the-art indigenous development and production of defence technological capabilities and attain “Atmanirbharta” (self-reliance in defence sector). Further, this year reflects a bigger leap in reinforcing the Indian army’s endeavours in the areas of Synergy & Research Development and Innovation for modernization of the Indian army.Having conducted comprehensive market ...

MobiKwik launches Lens to demystify your money

11Sep

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MobiKwik launches Lens to demystify your money

Gurugram, September 11, 2023.MobiKwik, a leading digital banking platform, today launched Lens, an industry-first financial product that will empower users with knowledge of their money and aid in financial wellness.Lens leverages Account Aggregator framework which helps users share data across financial institutions in a secure and efficient manner. Mobikwik Lens uses advanced technology and data science to make complex financial data, digestible and actionable. Earlier, it was a tedious manual process involving countless spreadsheets and now it is available at one’s fingertips.Excited about the potential of MobiKwik Lens, Bipin Preet Singh, Co-founder & CEO of MobiKwik, said, “Lens addresses the fundamental aspects of financial wellness – awareness and control over one's ...

Audi India launches limited edition Audi Q8 for the festive season

11Sep

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Audi India launches limited edition Audi Q8 for the festive season

Mumbai, September, 2023.Audi, the German luxury car manufacturer, today announced the launch of a special edition Audi Q8 to kick-start the festive season. The Audi Q8 special edition will be offered in three colors: Mythos Black, Glacier White and Daytona Gray, with only limited inventory on sale. The Audi Q8 special edition is priced at INR 1,18,46,000 Ex-showroom.Mr. Balbir Singh Dhillon, Head of Audi India said, “The Audi Q8 is the most versatile SUV in our product portfolio. We are happy to begin the festive season with the launch of a limited edition Audi Q8 for customers who are looking for a car that is a blend of comfort, elegance, and a technology-rich experience.”Highlights:Performance:3.0 L TFSI, 340 hp, 500 Nm, BSVI compliant, 48V Mild Hybrid.0-100 in ...

Tata Motors delivers 181 Winger veterinary vans to the Government of Odisha

10Sep

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Automobile News, Business News, Feature

Tata Motors delivers 181 Winger veterinary vans to the Government of Odisha

Bhubaneshwar, September 2023.Tata Motors, India’s leading commercial vehicle manufacturer, today announced the delivery of 181 Winger veterinary vans to the Government of Odisha. The vehicles were flagged off by the Hon’ble Chief Minister of Odisha, Shri Naveen Patnaik, along with delegates from the Government of Odisha and Tata Motors. The specially customised Tata Winger will be utilised as veterinary vans by Directorate of Animal Husbandry & Veterinary Services, Government of Odisha. Tata Motors emerged as the top bidder, as per the terms and conditions of the Government body, and delivered the fleet of fully-builtWinger veterinary vans equipped with state-of-the-art features. The e-bidding process was carried out through the Government e-Marketplace.Commenting on the occasi...

LimcaSportz Becomes ICC Men’s Cricket World Cup’sOfficial Sports Drink. LaunchesYo-Yo Test Challenge.

7Sep

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Business News, Feature, Food and Beverages, Sports News

LimcaSportz Becomes ICC Men’s Cricket World Cup’sOfficial Sports Drink. LaunchesYo-Yo Test Challenge.

New Delhi, September 2023. LimcaSportz, the hydration drink from Coca-Cola India’s home-grown brand Limca, becomes the Official Sports Drinkof the ICC Men’s Cricket World Cup 2023, a testament of its commitment to supporting athletes and active individuals.With its scientific formulation, LimcaSportz Ion 4 is a low-calorie sports beverage that combines the power of glucose, electrolytes (Sodium, Potassium, Calcium, Magnesium)and B-vitamins to provide rapid rehydration and sustained energy during physical activities. Created by experts, Limca Sportz Ion 4 is the quintessence of professional sports hydration. It excels at the three crucial aspects of sports performance- Rehydration, Reenergizing and Replenishing. It not only satisfies taste but also conveys a powerful message of...

DSP Mutual Fund launches DSP Multi Asset Allocation Fund for true diversification

7Sep

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DSP Mutual Fund launches DSP Multi Asset Allocation Fund for true diversification

Mumbai, September 2023.Good long-term investing outcomes require one to ensure survival first. And this is tough- given how most investors react emotionally when market hit peaks by investing more or when markets go down, many end up exiting, even when they didn’t need the money.Survival requires structure. And building a strong structure requires a mix of different materials, each bringing different virtues to the table. Similarly, investors seeking to build a robust portfolio need a blend of diverse asset classes, to help them stand firm against the vagaries of the market.DSP Mutual Fund announced the launch of DSP Multi Asset Allocation Fund (DSP MAAF),an open-ended scheme that aims to offer investors long-term returns like what equities may offer but with added resilience a...

India Gate Basmati Rice hosts public interest awareness and education initiative ‘Basmati Rice No Compromise’ in Pink City

7Sep

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India Gate Basmati Rice hosts public interest awareness and education initiative ‘Basmati Rice No Compromise’ in Pink City

Jaipur, September 2023.KRBL Limited's India Gate Basmati Rice, the World's No.1 Basmati Rice brand together with the Eat Right India initiative under the aegis of the Food Safety and Standards Authority of India (FSSAI) hosted the Jaipur leg of the nationwide ‘Basmati Rice No Compromise’ public interest education and awareness initiative in the city today.Even as the regulations came into effect on 1st of August 2023, India Gate Basmati Rice has taken the lead through this initiative in promoting healthier eating habits, encouraging balanced nutrition, and enhance food safety awareness among consumers across India whilst raising widespread awareness of the recently released FSSAI regulations on identity standards for Basmati Rice.An initiative in public interest by KRBL, the ‘Basma...

Nexus Celebration Mall announces ‘The Gloss Box’, a curated Beauty and Wellness offering for patrons

6Sep

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Business News, Feature, Rajasthan News

Nexus Celebration Mall announces ‘The Gloss Box’, a curated Beauty and Wellness offering for patrons

Udaipur, September, 2023. In a rapidly transforming world where Beauty and wellness have become much more than just buzzwords, if you want to up your game and choose from a plethora of cosmetics and wellness brands then, Nexus Celebration Mall is the place to be from September 8 onwards. Leading in to the festivities, the best of beauty brands will offer deals on their products during the month of September. Nexus Malls, India’s largest retail platform is all set to kick start ‘The Gloss Box’, a nationwide unique Cosmetics, Grooming and Wellness campaign across 17 malls under the brand portfolio to redefine the future of beauty and wellness industry and immerse you in a never before beauty experience.‘The Gloss Box’ which will be live from September 8 onwards aims to set a new...

Delhi charges ahead with 400 Tata Motors Starbus EVs

6Sep

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Automobile News, Business News, Feature

Delhi charges ahead with 400 Tata Motors Starbus EVs

New Delhi, September, 2023.Tata Motors, India’s largest commercial vehicle manufacturer, has supplied 400 state-of-the art Starbus EV buses to the Delhi Transport Corporation (DTC), via its subsidiary TML CV Mobility Solutions Ltd, as a part of its larger order from DTC to supply, maintain and operate 1,500 low-floor, air-conditioned electric buses for a period 12-years. In line with the Make in India and Atmanirbhar Bharat initiatives, these zero-emission buses are indigenously built on a next-gen architecture, equipped with latest features, and powered by advanced battery systems. They are designed to provide a safe, comfortable and convenient intra-city commute across the National Capital Territory of Delhi. With this deployment, Tata Motors accomplishes the significant landmark of ...

Tata Motors partners with Tata Power Renewable Energy Limited to develop a 12 MWp solar project at its Pune manufacturing facility

5Sep

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Tata Motors partners with Tata Power Renewable Energy Limited to develop a 12 MWp solar project at its Pune manufacturing facility

Mumbai, September 05, 2023.Reiterating Tata Group’s vision of preserving environmental sustainability with its unique manufacturing practices, Tata Motors and Tata Power Renewable Energy Limited (TPREL), a leading player in the renewable energy sector and a subsidiary of Tata Power have entered into a Power Purchase Agreement (PPA) to develop a new 12MWp on-site solar project at Tata Motors’ Pune commercial vehicle manufacturing facility. A significant step towards attaining green manufacturing, the installation is collectively expected to generate 17.5 million units of electricity every year, which will meet nearly 17.2% of the annualized requirement, potentially mitigating over 12400 tonnes/kWh of carbon emission each year.The solar project is to be commissioned within six months...

Indian Bank collaborates with IBM to deploy future ready compute infrastructure to enhance scalability and agility

4Sep

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Business News, National News

Indian Bank collaborates with IBM to deploy future ready compute infrastructure to enhance scalability and agility

Bengaluru, September 04, 2023.IBM (NYSE: IBM) today announced that it has collaborated with Indian Bank, a premier public sector bank, to accelerate its modernization path with flexible and secure compute infrastructurefor deploying new front-end banking applications,while addressing the business growth of the Core Banking Solution (CBS) workloads for the bank.Indian Bank is one of the leading public sector banks in India, serving over 100 million customers with 5798 branches spread across the country and abroad. As part of theirProject PARADISE[1], Indian Bank wanted to consolidate their Front Branch Servers for better manageability and availability at both Data Centres(DC) and Disaster Recovery (DR)centers,while also running theirCBS workloads on the latest generation of IBM Powe...

Tata Motors registered total sales of 78,010 units in August 2023

4Sep

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Automobile News, Business News, Feature

Tata Motors registered total sales of 78,010 units in August 2023

Mumbai, September 2023.Tata Motors Limited sales in the domestic & international market for August 2023 stood at 78,010 vehicles, compared to 78,843 units during August 2022.Domestic Sales Performance:CategoryAugust 2023 August 2022% change(Y-o-Y)Total Domestic Sales76,26176,4790%Commercial Vehicles:CategoryAugust 2023 August 2022Growth(Y-o-Y)HCV Trucks9000786514.4%ILMCV Trucks520749684.8%Passenger Carriers2986229929.9%SCV cargo and pickup1355514181-4.4%CV Domestic30748293134.9%CV IB13292179-39%Total CV32077314921.9%Domestic sale of MH&ICV in August 2023, including trucks and buses, stood at 13,306 units, compared to 12,069 units in August 2022.Total sales for MH&ICV Domestic & International Business in August 2023, including trucks and...

MobiKwik partners with Cashfree Payments to offer its ZIP payment option to over 20,000 online retailers

1Sep

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MobiKwik partners with Cashfree Payments to offer its ZIP payment option to over 20,000 online retailers

Gurugram, September 2023. MobiKwik, a leading digital banking platform, today announced its partnership with Cashfree Payments, a leading payments and API banking company, to offer the convenience of interest-free credit for its users at their fingertips by integrating ‘ZIP Pay Later’ with Cashfree Payments’ Payment Gateway. It will enable users to use their ZIP credit limit of up to Rs 60,000 to pay at over 20,000 online merchants. The ZIP Pay Later option will be launched with 10% Supercash on a minimum transaction value of Rs 499.Upasana Taku, Chairperson, Co-founder & COO of MobiKwik, said, “We believe in making transactions seamless and empowering consumers by offering them more choices to make informed financial decisions. We are glad to extend our partnership w...

Optiemus Infracom Limited and Corning International Corporation Announce a Joint Venture to Manufacture “Made In India” Finished Cover Glass Parts for Mobile Devices

1Sep

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Business News, Feature, National News

Optiemus Infracom Limited and Corning International Corporation Announce a Joint Venture to Manufacture “Made In India” Finished Cover Glass Parts for Mobile Devices

New Delhi, 1st September 2023.Optiemus Infracom Limited, India’s leading telecommunications and manufacturing group, and Corning International Corporation, one of the world’s leading innovators in glass and glass-ceramic materials for mobile consumer electronics applications, today announced a joint venture to set up India’s first manufacturing facility for producing high-quality finished cover glass parts for the mobile consumer electronics industry.Driven by a shared commitment to innovation and technological excellence, the joint venture between Optiemus Infracom and Corning will help expand India’s electronics manufacturing eco-system, as the Indian government strengthens its Make in India initiative. As a part of the joint venture, the companies strategically aim to s...

Kotak Mahindra Bank Ups The Ante With the Digital Rupee (e₹) App

31Aug

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Kotak Mahindra Bank Ups The Ante With the Digital Rupee (e₹) App

Mumbai, 31 August, 2023.Kotak Mahindra Bank Limited (“KMBL”/“Kotak”) today announced the introduction of a UPI interoperability feature on its Digital Rupee (e₹) application as a part of the RBI’s CBDC pilot project.With this, e₹ app users can now scan any QR code at merchants to make payments for groceries and daily expenses. This feature will empower customers to make payments on the existing UPI QR codes available at merchants.As on date, the feature is Live for Android users.The ‘e₹’ app allows users to make transactions without disclosing bank account details, supports easy transfers, decluttering the bank statements to ensure a safe and regulated interface, making the experience seamless.Virat Diwanji, Group President & Head Consumer Bank, Kotak Mahindra Bank said, “W...

Nestlé India sharpens focus on millet-based offering

31Aug

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Business News, Feature, Food and Beverages, National News

Nestlé India sharpens focus on millet-based offering

New Delhi, August 2023.Nestlé India is incorporating millets as an ingredient to provide consumers with more diverse food options. In line with the government focus on millets, Nestlé India is creating a differentiated food portfolio across brands that promotes millet as a more sustainable food option, through partnerships and product innovations. As a part of this initiative, Nestlé India has launched Nestlé a+ Masala Millet that contains bajra and can be eaten as a light meal at any time of the day.Available in two lip smacking variants, Tangy Tomato and Veggie Masala, Nestlé a+ Masala Millet comes in a multi-serve pack priced at Rs. 175 for 240 gm and a single-serve pack priced at Rs. 30 for 40 gm.The product is high in fibre, with 30% less calories and free from added pre...

Kotak’s Sankalp Savings Account Solves Cash-based Banking Needs ofRural and Semi-urban customers

31Aug

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Kotak’s Sankalp Savings Account Solves Cash-based Banking Needs ofRural and Semi-urban customers

Mumbai, August, 2023.Addressing the cash-based banking needs of rural and semi-urban customers, Kotak Mahindra Bank Limited (“KMBL”/”Kotak”) announces the launch of Sankalp Savings Account that offers a host of services such as nil charges on cash deposit and withdrawal up to Rs 24 lakh annually and flexibility in account balance maintenance. In addition, Sankalp also provides special interest rates on gold, two-wheeler and tractor loans for customers in these markets.Sankalp Savings Account has been launched with the objective to serve an emerging customers group with incomes beyond agriculture and farming.In addition to banking services, the new savings account also offers complimentary talk time and Payshop more debit card for evolving banking needs of rural and semi-urban custo...

30Aug

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Automobile News, Business News

Tata Passenger Electric Mobility introduces new brand identity

Mumbai, August 2023.Tata Passenger Electric Mobility, a subsidiary of Tata Motors and the pioneer of India’s EV revolution today launched its new brand identity, TATA.ev, for the EV business. This new identity is aligned to Tata Motors' commitment on sustainability & pioneering innovation as well as Tata Group’s focus towards community development. The new brand identity embodies the core philosophy of "Move with Meaning," unifying the values of sustainability, community, and technology. It is the first step towards providing differentiated and meaningful experiences for customers in the form of a collective initiative to move towards an electric future that is better for the planet and its inhabitants.As the EV offering grows, spurred on by surging consumer demand and a robus...

29Aug

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HERO MOTOCORP REVS UP THE PREMIUM MOTORCYCLE SEGMENT

New Delhi, August 29, 2023Reiterating its accelerated focus in the premium segment, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today launched the highly anticipated Karizma XMR.The new Karizma XMR is the most powerful motorcycle in its class, producing the highest torque. The motorcycle is powered by 210cc Liquid Cooled DOHC Engine, 6 Speed transmission that comes with Slip and Assist Clutch and Dual Channel ABS – purpose built for the perfect ride redefining the sports segment.With today’s customers looking for Advanced Technology, the new Karizma XMR is packed with the segment-first adjustable windshield, IntelligentIlluminationHeadlamp and Turn-By-Turn navigation guaranteeing an unparalleled motorcycling experience.In keeping with its Mi...

Rejové Aligners acquires Majority Stake in 32 WATTS, Setting New Standards in Orthodontic Solutions

29Aug

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Rejové Aligners acquires Majority Stake in 32 WATTS, Setting New Standards in Orthodontic Solutions

New Delhi, 29 August 2023.Rejové Aligners, the Delhi based Clear Dental Aligner company, today announced its acquisition of a majority stake in 32 WATTS, a renowned clear aligner brand for an undisclosed amount. Aiming to revolutionize orthodontic treatment options, the strategic partnership marks a significant milestone in the advancement of digital dentistry. Rejové Aligners, with its innovative service delivery and business model, is quickly establishing itself as a trusted name in the clear dental aligners market. This strategic acquisition will enable both companies to foster healthy and state of the art dental care practices that extend beyond the use of their respective products, creating a much larger outreach amongst dental practitioners, providing them with the best ...

Yodda and GlobalLogic Collaborate to provide Elder Care benefits to employees in a Landmark First Industry Move

29Aug

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Yodda and GlobalLogic Collaborate to provide Elder Care benefits to employees in a Landmark First Industry Move

New Delhi, 29th August 2023.Yodda Elder Care, India’s first tech-enabled elder care service provider, has joined forces with GlobalLogic Inc., a Hitachi Group Company and a global leader in Digital Engineering, to offer comprehensive eldercare benefits to their employees in an industry-first initiative. Recognizing the need to support employees with caregiving responsibilities for their elderly loved ones, the partnership enables GlobalLogic to create a more inclusive and supportive workplace environment. In this strategic partnership, Yodda will provide eldercare services to employees of GlobalLogic in India. Yodda empowers the elders through a robust network of on-field and on-call staff supported by a platform based on the confluence of new-age technologies.Under this partnershi...

Toyota Kirloskar Motor Opens Bookings for the All New Toyota Rumion with prices starting at Rs.10,29,000/-

28Aug

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Toyota Kirloskar Motor Opens Bookings for the All New Toyota Rumion with prices starting at Rs.10,29,000/-

Bangalore, 28 August 2023.Toyota Kirloskar Motor (TKM), today, officially announced thestart of bookings and the prices of its latest offering - The All New Toyota Rumion which was launched earlier in the month of August’23,generating much excitement amongst customers. Available in six grades, this extraordinary new compact B-MPV is expected to set new standards with its unmatched space and comfort, excellent fuel efficiency, stylish and premium exterior design.The latest offering by TKM will be available at attractive ex-showroom prices from Rs.10,29,000to Rs. 13,68,000with deliveries expected to commence from 8th of September onwards.This 7-seaterMPV is powered by the 1.5-litre K series petrol engine, featuring the Neo Drive (ISG) technology and E-CNG technology, ensuri...