Monday, June 30

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Tata Motors’ subsidiaries – TPEM and TMPV join hands with Bajaj Finance, offers financing program for authorized passenger and electric vehicle dealers
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Tata Motors’ subsidiaries – TPEM and TMPV join hands with Bajaj Finance, offers financing program for authorized passenger and electric vehicle dealers

Mumbai, May 2024.In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, India’s leading automotive manufacturer, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of India’s leading and most diversified financial services groups, to extend supply chain finance solutions to its passenger and electric vehicle dealers. Through this memorandum of understanding (MoU), the participating companies will come together to leverage Bajaj Finance’s wide reach to help dealers of TMPV and TPEM access funding with minimal collateral.The MoU for this partnership was signed by Mr. Dhiman Gupta, Chief Financial Officer, Tata Passenger Electric Mobility Ltd....
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Samsung ‘Solve for Tomorrow’
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Samsung ‘Solve for Tomorrow’

Gurugram 21 May 2024.Samsung, India’s largest consumer electronics brand, has introduced the first ever design thinking & training workshop in select schools across the country. This unique initiative, part of Samsung’s ‘Solve for Tomorrow’ programme, focuses on enhancing essential skills such as problem-solving, critical thinking, probing, and creativity among students through the Human-Centered Design Thinking framework. The national education and innovation competition aims to foster a culture of innovation amongst the next generation.Tailored specifically for India, the one-day workshop has been conceptualised to encourage students to appreciate the idea of design thinking and nudge them to identify and solve real-world problems. As part of the academic curriculum, Human-Ce...
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FICCI FLO Launches Siliguri Chapter, Empowering Women Entrepreneurs in Northeast India
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FICCI FLO Launches Siliguri Chapter, Empowering Women Entrepreneurs in Northeast India

New Delhi, May 2024. FICCI Ladies Organization (FLO), the women's wing of India's apex business chamber, FICCI, launched its 20th chapter in Siliguri, West Bengal. The launch of the Siliguri chapter further strengthens FLO’s mission to empower women entrepreneurs and professionals across India, fostering economic growth and development in the Northeastern region.FLO has chosen Siliguri, because of its strategic location as a gateway to Northeast India and its rapid economic growth. Siliguri is the second Chapter of FLO in the State of West Bengal. The city's dynamic business environment and the enthusiastic response from women entrepreneurs here made it a natural choice for expansion.A ceremonial launch event was held on Saturday, 18th May 2024, at the Courtyard Marriott i...
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India likely to grow by 7.5 pc in Q1, says article in RBI Bulletin
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India likely to grow by 7.5 pc in Q1, says article in RBI Bulletin

New Delhi, May 21, 2024.India is likely to grow by 7.5 per cent in the first quarter of the current financial year, driven by rising aggregate demand and non-food spending in the rural economy, according to an article in the RBI's May Bulletin released on Tuesday.The Indian economy has demonstrated marked resilience in the face of geopolitical headwinds impacting the supply chain, said an article on the state of the economy published in the May Bulletin."According to the economic activity index (EAI), activity rebounded in April, and early estimates suggest that GDP growth for Q1:2024-25 is likely to remain close to 7.5 per cent," it said.
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Exicom launches India’s Fastest DC Charger, Engineered to Make EV Charging Experience Effortless
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Exicom launches India’s Fastest DC Charger, Engineered to Make EV Charging Experience Effortless

New Delhi, May 21, 2024.Exicom, a leading provider of electric vehicle (EV) charging and Critical Power solutions in India, today announced the launch of India's fastest DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system, high operational efficiency, integrated ambient lighting, and many features focusing on improving customer charging experience which is often overlooked and is the biggest concern for first time users. Harmony g1.5 is available in three frame sizes, and its modular construction offers power outputs from 60 kW to 400 kW.Exicom introduces its upgraded line of DC chargers with a focus on user-centric design and functionality, emphasizing an...
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Orb Energy launches its first 35 MW ground-mounted solar park in Karnataka
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Orb Energy launches its first 35 MW ground-mounted solar park in Karnataka

New Delhi, May 21, 2024.Orb Energy, a key player in the Indian solar power industry has launched its first 35 MW (DC) ground-mounted solar park in Arsikere in Hassan district, the company said on Tuesday.Spanning 110 acres and delivering 5.24 crore units of green power while reducing 45,000 tons of carbon dioxide every year, this solar park has been developed specifically to empower SMEs in the region, they said.In a statement, the company said Orb Energy anticipates developing and commissioning approximately 400 MW of solar parks for SMEs across India by the end of the decade, with a projected investment of approximately Rs 2,000 crore over the same period.
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Gold, silver retreat from record levels amid profit taking
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Gold, silver retreat from record levels amid profit taking

Jaipur, May 21, 2024.Gold and silver prices retreated from record highs in the national capital on Tuesday, with the yellow metal plunging by Rs 550 per 10 grams due to profit-taking and weak global trends.According to HDFC Securities, gold prices were impacted by hawkish comments from one of the US Fed Reserve members, who suggested that interest rates will need to continue at current levels for a longer period to bring inflation back to target.Gold prices declined by Rs 550 to Rs 74,650 per 10 grams.
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ONGC net profit jumps 19 times in Q4; record profit in FY24
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ONGC net profit jumps 19 times in Q4; record profit in FY24

New Delhi, May 21, 2024.State-owned Oil and Natural Gas Corporation's (ONGC) March quarter net profit soared 19 times as the year-ago period had a one-time exceptional provision, while it posted a record earning for the full fiscal.The company's standalone net profit of Rs 9,869 crore in January-March - the fourth quarter of fiscal year 2023-24 - compared with a profit of Rs 528 crore in the same period of the previous financial year, according to a company statement.India's top oil and gas producer had made a provision of Rs 9,235 crore in the January-March 2023 quarter towards disputed taxes for the period from April 1, 2016, to March 31, 2022.
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Glenmark and BeiGene Enter into an Agreement for Marketing and Distribution of Tislelizumab and Zanubrutinib in India
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Glenmark and BeiGene Enter into an Agreement for Marketing and Distribution of Tislelizumab and Zanubrutinib in India

New Delhi, Ma y 21, 2024.Glenmark Specialty S.A. (Glenmark), a subsidiary of Glenmark Pharmaceuticals Ltd., a research-led, global pharmaceutical company, today announced an exclusive marketing and distribution agreement with BeiGene, a global oncology company. Under this agreement, Glenmark will register and commercialize BeiGene's oncology medicines, Tislelizumab and Zanubrutinib in India.Speaking on this partnership, Alok Malik, President and Business Head - India Formulations, Glenmark Pharmaceuticals Ltd. said, "We are excited about our partnership with BeiGene, signifying our commitment to advancing healthcare in India. The addition of Tislelizumab and Zanubrutinib to our oncology portfolio underscores our dedication to the cancer patients' community and our commitment to pro...
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IndiaSkills 2024 grand finale: 58 winners will represent India in WorldSkills
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IndiaSkills 2024 grand finale: 58 winners will represent India in WorldSkills

New Delhi, 19th May 2024. The four-day long IndiaSkills National Competition 2024 concluded on Sunday with great fervor and enthusiasm at Yashobhoomi, Dwarka. The event, held from 15th to 19th May, brought together the brightest young minds from across the nation to compete and demonstrate their proficiency in a wide array of traditional and new-age skills. A total of 58 candidates across 52 skills will now train to represent India in WorldSkills scheduled to take place in Lyon, France in September 2024.Odisha has the highest number of winners with 17 Gold, 13 Silver, 9 Bronze and 12 Medallion for Excellence, followed by Karnataka (13 Gold, 12 Silver, 3 Bronze, and 19 Medallion for Excellence), Tamil Nadu (6 Gold, 8 Silver, 9 Bronze, and 17 Medallion for Excellence), Maharashtra (...
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Samples of 10 medicines of Chief Minister Free Medicine Scheme failed: Eye drops, malaria and asthma medicines included; ban on Supply
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Samples of 10 medicines of Chief Minister Free Medicine Scheme failed: Eye drops, malaria and asthma medicines included; ban on Supply

Jaipur, May 20, 2024.Samples of 10 medicines supplied under the Chief Minister Free Medicine Scheme have failed. Rajasthan Medical Services Corporation (RMSC) has banned the supply of 10 medicines of 8 companies. These medicines include tablets used in fungal infections, injections given to serious malaria patients, eye drops and Asthalin, a medicine used in case of difficulty in breathing.RMSC MD Neha Giri said that the supply of medicines has been stopped after the samples of these medicines supplied under the Chief Minister's Free Medicine Scheme were found to be non-standard. In place of these medicines, medicines of other companies have been ordered for supply in stock, so that the patients do not face any shortage of medicines. He told that to maintain the quality of medicine...
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2024 Bajaj Pulsar F250 launched at Rs 1.51 lakh — same price as Pulsar N250
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2024 Bajaj Pulsar F250 launched at Rs 1.51 lakh — same price as Pulsar N250

New Delhi, May 20, 2024.Bajaj Auto has been bringing new updates to their lineup and now they have launched the 2024 Bajaj Pulsar F250 in India. The updated bike has hit dealerships and is offered at an ex-showroom Delhi price of Rs 1,50,891, which is a small premium of Rs 851 over the previous generation Pulsar F250. Interestingly, even the price difference between the old and new Pulsar N250 was the same.Bajaj had hinted at the possibility of an update to the Pulsar F250 during the Pulsar NS400Z launch. The 2024 Pulsar F250 comes with quite a few  changes to its features and underpinnings. That said, it does not get the inverted fork which the Pulsar N250 has, which is disappointing.  One of the first changes that can be easily noticed is the addition of new graphics. The bla...
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Climate change likely to impact people with brain conditions, study finds
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Climate change likely to impact people with brain conditions, study finds

New Delhi, May 20, 2024.Climate change is likely to negatively affect the health of people suffering from brain conditions such as migraine and Alzheimer's, new research published in The Lancet Neurology journal has found.Extreme temperatures, both low and high, and greater changes over the course of the day -- driven by climate change -- were shown to have an impact on brain diseases, explained lead researcher Sanjay Sisodiya from the University of College London's Institute of Neurology, UK."Night-time temperatures may be particularly important as higher temperatures through the night can disrupt sleep. Poor sleep is known to aggravate a number of brain conditions," he said.
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Airbus, SIDBI to collaborate for financing helicopter purchase in India
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Airbus, SIDBI to collaborate for financing helicopter purchase in India

New Delhi, May 20, 2024.Airbus Helicopters and Small Industries Development Bank of India (SIDBI) have signed a memorandum of understanding (MoU) for financing the purchase of the company's helicopters in India.Under the MoU, Airbus Helicopters and SIDBI will identify potential civil helicopter operators in India who are interested in financing solutions for purchasing Airbus helicopters. Airbus will provide the technical and helicopter industry knowledge to SIDBI, which will evaluate these prospects and finance them exclusively for Airbus, a release said on Monday.
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Ecolink Launches a Range of Power Packed Fans, Promising Superior Performance and Energy Efficiency
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Ecolink Launches a Range of Power Packed Fans, Promising Superior Performance and Energy Efficiency

New Delhi, May 20, 2024.In line with the customer demands for the summer season, Signify, the global leader in lighting, announced the launch of its new revolutionary range of energy-efficient fans, today. The innovative product line combines advanced technology with superior performance, offering consumers a breath of fresh air in any space. Starting at a price range of INR 3000/- to INR 5500/-, the product line includes five new innovative models - AiroGeometry, AiroJewel, AiroZephyr, AiroSerenade and AiroSleek all designed to provide superior air delivery, efficient performance, and significant energy savings.  The uniquely designed product range operates on advanced technology ensuring high energy efficiency and low power consumption. Equipped with alum...
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Pluugin E-commerce expands operations, opens India office
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Pluugin E-commerce expands operations, opens India office

New Delhi, May 20, 2024.Pluugin E-commerce, having established a robust presence in global markets like Southeast Asia (SEA), SAARC and Middle East & North Africa (MENA), is expanding its operations to India. Pluugin is a borderless e-commerce enabler, facilitating brands in scaling up their businesses across international borders. Headquartered in Dubai, the United Arab Emirates (UAE), it has offices across SEA, SAARC countries, and MENA. Founded in 2022, the company has experienced a 100% year-on-year growth. This speaks to the ever-increasing need of e-commerce in brands’ business models and the effectiveness of Pluugin’s expertise in the field. The company boasts of a roster of prestigious clients from across sectors like FMCG, consumer electronics, small applianc...
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Whisper Teaches Young Girls – Periods ka Matlab Healthy hai Aap
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Whisper Teaches Young Girls – Periods ka Matlab Healthy hai Aap

Mumbai, May 20. 2024.India’s leading feminine-care brand Whisper, from the house of Procter & Gamble, is raising awareness about - the early onset of menstruation among young girls - as part of the fifth edition of its #KeepGirlsInSchool (KGIS) movement. With girls starting periods as early as 8 years of age, the need to create awareness early on is crucial, as 26 million girls can be at the risk of dropping out of school without period education and access to period products.* Studies have found that one out of five girls could be dropping out of school due to lack of period education and access to period products.** In India today, girls as young as 8 years of age are beginning their menstrual cycle, as per several reports, and so are at a higher risk of droppi...
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Gopi Thotakura became the first Indian tourist to go to space.
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Gopi Thotakura became the first Indian tourist to go to space.

Jaipur, May 20, 2024.Amazon founder Jeff Bezos's space company Blue Origin sent 6 people to space on Sunday (May 19) with the New Shepard rocket. These include Gopi Thotakura of Andhra Pradesh. 30 year old Gopi has become the first Indian to go to space as a tourist.Gopi is a pilot and entrepreneur. He graduated from Embry-Riddle Aeronautical University in Florida and studied Aviation Management at Emirates Aviation University in Dubai.According to Blue Origin, Gopi is a pilot and aviator who learned to fly a plane before he could drive a car. He has worked as an international medical jet pilot. Apart from commercial jets, Gopi also flies bush, aerobatic and seaplanes, gliders and hot air balloons
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RBI may transfer dividend of around Rs 1 lakh crore to government: Report
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RBI may transfer dividend of around Rs 1 lakh crore to government: Report

New Delhi, May 20, 2024.The Reserve Bank of India (RBI) is expected to transfer a substantial dividend, possibly around Rs 1 lakh crore, to the government, significantly higher than last year's payout, reported The Economic Times.Recently, the RBI announced a significant reduction in the government's borrowing through Treasury Bills, cutting the anticipated funds by Rs 60,000 crore.Additionally, the central bank is supporting an operation to allow the government to prematurely repay Rs 60,000 crore of earlier borrowings.These measures suggest an effort to utilise idle government funds, limited by election-related spending constraints, indicating an imminent improvement in the Centre's financial situation.The RBI is anticipated to declare the transfer of its surplus fund...
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‘Remarkable turnaround’: PM Modi on Indian banking sector’s growth in 10 years
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‘Remarkable turnaround’: PM Modi on Indian banking sector’s growth in 10 years

New Delhi, May 20, 2024.Prime Minister Narendra Modi on Monday said that the banking sector has witnessed a remarkable turnaround in the last 10 years."In a remarkable turnaround in the last 10 years, India's banking sector net profit crosses Rs 3 lakh crore for the first time ever''.He further said that when the BJP-led goverment came into power, banks were grappling with losses and high Non-Performing Assets (NPAs), largely attributed to the policies of the previous government."When we came to power, our banks were reeling with losses and high NPAs due to the phone-banking policy of UPA. The doors of the banks were closed for the poor. This improvement in the health of banks will help improve credit availability to our poor, farmers, and MSMEs," said PM Modi.
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First Israeli auto firm sets up manufacturing unit in India
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First Israeli auto firm sets up manufacturing unit in India

New Delhi, May 20, 2024.EVR Motors, an Israel-based innovator specializing in high power-density electric motors, today announced the inauguration of its new greenfield plant in Manesar, Haryana, under its subsidiary, I.EVR Motors. This facility marks a significant milestone as the first manufacturing operation in India for an Israeli automotive firm and will play a pivotal role in the company's global production strategy.The Manesar plant will produce trapezoidal geometry coils, a patented key component of EVR's Trapezoidal Stator Radial Flux Permanent Magnet (RFPM) motor technology. These coils are essential for EVR's electric motors, known for being smaller, lighter, and more cost-effective while maintaining the flexibility to meet diverse customer needs.The highly-automated...
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IGNOU invites applications for 4-year, ODL bachelor course in Journalism and Digital Media
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IGNOU invites applications for 4-year, ODL bachelor course in Journalism and Digital Media

New Delhi, May 20, 2024.The Indira Gandhi National Open University (IGNOU) is inviting applications for a bachelor in Journalism and Digital Media,  a new Four Year Undergraduate Programme (FYUP).The major focus areas of BA Journalism and Digital Media, a four-year bachelor programme are digital journalism, news reporting and editing, digital photography, AV production, podcasting, internet research, data journalism, and news portal design.The programme offered by the School of Journalism and New Media Studies, IGNOU is available across major regions and centers in English medium. Candidates should visit the official website of IGNOU — ignou.ac.in — to check regional and study center details.
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