TechMahindra reports 1.0% QoQ growth in Revenues at Rs. 13,005 crores; PAT rises 28.8% to 851 crores; EBIT margins expand 110 bps

Mumbai, July, 2024. TechMahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for its quarterended June 30th, 2024. Financial highlights for the quarter (USD) Revenue at USD 1,559mn; up0.7% QoQ, down 2.6% YoYRevenue grew by 0.7% QoQ, and declined by 1.2%…

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New Mini Cooper S, Mini Countryman electric launched in India

New Delhi, July 26, 2024. The new Mini Cooper S (fifth-gen) and the all-electric Mini Countryman (third-gen) have been launched in India with the former priced at Rs 44.90 lakh (ex-showroom) and the latter available for Rs 54.90 lakh (ex-showroom). Both models have entered the country as completely built-up units (CBUs). The Mini Cooper S…

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Farhan Akhtar’s home production film ‘Boong’ to premiere at TIFF

Mumbai, July 26, 2024.  Farhan Akhtar and Ritesh Sidhwani-backed film “Boong” is set to premiere at the upcoming edition of the Toronto International Film Festival (TIFF). The movie is directed by debutante director Lakshmipriya Devi, who served as a first assistant director on Akhtar and Sidhwani’s Excel Entertainment movies such as “Luck by Chance”, and…

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HDFC Life’s Latest Campaign Drives the Need for Financial Preparedness Among Parents to Secure Their Child’s Future

Mumbai, July 26, 2024. HDFC Life, one of India’s leading life insurers, has consistently aimed to strengthen its connection with audiences through relevant and insight-based communication. With its latest campaign, HDFC Life seeks to expand its brand presence and reach deeper into the southern states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, and Telangana. As consumers…

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Automotive Experts Converge To Discuss The Roadmap Of Mobility Technologies at 2nd edition of EV &AutoTech Innovation Forum

New Delhi, 25th July 2024. Emerging technologies such as ADAS, AI, cybersecurity for software-defined vehicles, electric vehicles, in-vehicle connectivity, and connected vehicles are at the forefront of the automotive industry, according to industry experts who gathered at the EV &AutoTech Innovation Forum, organized by Konnect Worldwide Business Media. The softwarisation of the automobile or the Software Defined…

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Youth Ideathon 2024: India’s Biggest Entrepreneurship Competition for School Students launched by CBSE

New Delhi, July 2024. ThinkStartup, India’s leading entrepreneurship educationplatform and Management Entrepreneurship Professional Skills Council (MEPSC) under the Ministry of Skill Development and Entrepreneurship in association with Central Board for Secondary Education (CBSE), today announced the launch of the 4th edition of Youth Ideathon(YI24). This prestigious school-level Innovation and Entrepreneurship festival aims to harness creativity…

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Kotak Mahindra Bank Appoints SK Honneshas Group General Counsel

Mumbai, 25th July 2024. Kotak Mahindra Bank Ltd. (“KMBL” / “Bank”) today announced the appointment of SK Honnesh as Group General Counsel. With over 25 years of distinguished experience in Legal and Compliance, Honnesh brings valuable expertise to the role. As Group General Counsel, he will oversee Legal, Secretarial, and Compliance functions across the Kotak…

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Samsung India Launches New range of ACs featuring WindFree and 360oBladeless Technology in Chilled Water-Based Cassette Units

Gurgaon, July, 2024. Samsung, India’s largest consumer electronics brand, announced the launch of its latest innovation – the new WindFree™ Air Conditioners in the Chilled Water Indoor category. This new range features the Wind-Free™ and 360o Bladeless Technology in Chilled Water-based Cassette Units, designed to offer a superior cooling experience without the discomfort of direct…

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Coca-Cola Reports Second Quarter 2024 Results

New Delhi, July 2024. The Coca-Cola Company in its second-quarter 2024 results demonstrated continued momentum in an industry with many growth opportunities. “We are encouraged with our second quarter results, which delivered solid topline and operating income growth in an ever-changing landscape,” said James Quincey, Chairman and CEO of The Coca-Cola Company. “Together with our bottling partners,…

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Toyota Kirloskar Motor Honoured with Prestigious EEPC Export Excellence Awards

Bangalore, 25 July 2024. Toyota Kirloskar Motor (TKM) has been recognized for its outstanding export performance with two prestigious awards at the EEPC India(Engineering Export Promotion Council of India)Southern Region Export Award ceremony held recently. TKM was presented with the ‘Engines and Turbines & Parts Thereof’   – Large Enterprise’ award for 2019-20 and the ‘Gold…

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Costa Coffee’s Indian baristas to shine Olympic Games Paris 2024 as Official Coffee Partner

Jaipur, July, 2024. Costa Coffee is thrilled to be the Official Coffee Partner at the Olympic Games Paris 2024, marking a significant milestone in promoting coffee culture and providing a centre stage toIndian baristas globally. With six kiosks and over 110 self-serve Pacto machines,130Costa Coffee team members from six countries will deliver exceptional hot and…

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Electric Mobility Promotion Scheme (EMPS), 2024

New Delhi, July 24, 2024. Ministry of Heavy Industries, vide gazette notification 1334 (E) dated 13th March, 2024, has launched the Electric Mobility Promotion Scheme (EMPS) – 2024 to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country.  The Scheme duration is 4 months i.e. April 01,…

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LAUNCH OF ‘TRIPUT’

New Delhi, July 24, 2024. The first of two Advanced Frigates under construction by Goa Shipyard Limited (GSL) for the Indian Navy, was launched on 23 Jul 24 at GSL, Goa. In keeping with maritime tradition, the ship was launched by Smt Rita Sreedharan to the invocation from Atharva Veda, in the presence of Shri P S Sreedharan Pillai, Hon’ble Governor of…

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Budget 2024: New employment-linked incentives for employees; ₹1.48 lakh crore allocation for education, employment, skill

New Delhi, July 24, 2024. Presenting the Budget, Ms. Sitharaman said the standard deduction for salaried employees will be hiked to ₹75,000, from ₹50,000 under the new income tax regime in FY25. The Union Budget 2024-25 identified nine priorities for generating ample opportunities — Productivity and Resilience in Agriculture, Employment and Skilling, Inclusive Human Resource…

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Coca-Cola India Wins Award for Circular Economy Initiatives at Indian Circular Economy Forum 2024

New Delhi, 23rd July 2024. Coca-Cola India has been honored with an award for its circular economy initiatives at the Indian Circular Economy Forum 2024, a testament to its innovative approach in sustainable packaging, held on 12th July. The award acknowledges Coca-Cola India’s eco-friendly packaging innovations, notably its launch of 100% recycled PET bottles—a first…

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