AC makers clock two-fold jump in sales in May amid scorching summer

Jaipur, June 03, 2024. A blistering summer has led to an almost two-fold jump in sales of air-conditioners in May even as leading manufacturers have been grappling with delays in installation and replenishing inventories of hot-selling energy-efficient models. The mercury is hovering above 45 degrees at several places including the national capital, which has been…

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Toyota Kirloskar Motor Sells 25,273 units in May 2024, Records 24% Growth

Bangalore, 01 June 2024. Underpinning its robust and steady performance, TKM reported monthly growth by registering sales of 25,273 units in the month of May’2024. This represents a Year-on-Year growth of 24% compared to May 2023, when the company sold 20,410 units. In the month of May, domestic sales reached 23,959 units, complemented by an…

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MAGGI inspires change with first-of-its-kind edible fork

New Delhi, May 31, 2024. MAGGI’s ‘Deshkeliye 2 minute’ initiative, launched in 2020, aims to create a significant impact through small actions. One of its goals is to offer sustainable alternatives to single-use plastic. In line with this objective, MAGGI has introduced an edible fork in partnership with NestléR&D India (a subsidiary of Nestlé S.A…

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HERO MOTOCORP LAUNCHES THE LATEST GENERATION SPLENDOR+

New Delhi, May 31, 2024 Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has launched the latest generation of the iconic Splendor – the Splendor+XTEC 2.0 – to celebrating the 30th anniversary of the world’s highest-selling motorcycle. Thispremium and tech-laden Splendor keeps its iconic design while integrating modern elements such as LED headlights…

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Tata Group firms executing over 100 GenAI projects: N Chandrasekaran

Mumbai, May 31, 2024. Tata group chairman N Chandrasekaran on Friday said companies in the diversified group are executing over 100 generative artificial intelligence projects. AI can also have negative impacts, Chandrasekaran said, flagging potential job losses and privacy concerns as the areas we need to focus on. Addressing the group’s information technology (IT) services…

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Wipro 3D and ISRO Jointly Pave the Way for Sustainable Space Exploration Through Additive Manufacturing

Bangalore, May 31, 2024. Wipro 3D, in collaboration with the Indian Space Research Organisation (ISRO), celebrates a pathbreaking achievement in space technology with the successful manufacturing of the PS4 3D-printed rocket engine powering the 4th stage of Polar Satellite Launch Vehicle (PSLV). Dr. V Narayanan, Distinguished Scientist and Director of Liquid Propulsion Systems Centre (LPSC), ISRO lauded…

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Federal Bank and Tata AIA Life Insurance Announce Strategic Bancassurance Partnership

Mumbai,May 31, 2024. Federal Bank, a prominent private sector bank in India, announced a Bancassurance tie-up with Tata AIA Life Insurance Co Ltd, one of India’s leading life insurance companies. This strategic alliance aims to provide Federal Bank’s customers, access to Tata AIA Life’s comprehensive insurance product suite. Federal Bank has an extensive network, which will enable Tata…

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Health insurers to decide on cashless authorisation within one hour: Regulator

New Delhi, May 30, 2024. Regulator Irdai on Wednesday released a master circular on health insurance specifying that an insurer will have to decide on cashless authorization within one hour of request. The master circular on Health Insurance products repeals 55 circulars issued earlier and it is a significant stride towards reinforcing the empowerment of…

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Nissan warns owners of older vehicles not to drive them due to risk of exploding air bag inflators

New Delhi, May 30, 2024. Nissan is urging the owners of about 84,000 older vehicles to stop driving them because their Takata air bag inflators have an increased risk of exploding in a crash and hurling dangerous metal fragments. Wednesday’s urgent request comes after one person in a Nissan was killed by an exploding front-passenger…

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REC wins ‘Sustainability Champion – Editor’s Choice Award’ at Outlook Planet Sustainability Summit & Awards 2024

New Delhi, May 30, 2024. REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been honoured with the ‘Sustainability Champion – Editor’s Choice Award’ at the ‘Outlook Planet Sustainability Summit & Awards 2024’. The Award ceremony was organised by Outlook Group, in collaboration with IIT Goa….

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Shri Sanjay Kumar inaugurates Summer Fiesta 2024 at National Bal Bhavan

New Delhi, May 30,2024. Shri Sanjay Kumar, Secretary, Department of School Education & Literacy, Ministry of Education, inaugurated the month-long “Summer Fiesta 2024” at the National Bal Bhavan, New Delhi. Summer Fiesta is a month-long camp comprising over 30 types of different activities for children aged between 5 to 16 years. Shri Vipin Kumar, Additional…

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