Monday, December 23

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Business News, Feature, National News

India Mobile Congress 2024 announces impressive Artificial Intelligence lineup for Asia’s Premier Digital Technology Forum

New Delhi, September 2024. India Mobile Congress, Asia’s premier digital technology exhibition, today announced an impressive lineup of showcase, exhibition and discussions focused on AI and Gen AI at its eighth edition scheduled to take place from15th-18th October at Pragati Maidan in New Delhi, co-hosted by the Department of Telecommunications (DoT) and Cellular Operators Association of India (COAI).The year’s theme for IMC 2024 is'The Future is Now'and was recently unveiled in July 2024 by the Hon'ble Minister for Communications and Development of North Eastern Region, Shri Jyotiraditya M. Scindia.The theme signifies how India stands at the heart of the technological evolution. This year, IMC 2024 will put up a major focus on AI & Gen AI based discussions, showcases and delve ...
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Feature, National News, Travel

Cleartrip signals a new era of travel with The Big Billion Days 2024

Bengaluru, September 2024. Cleartrip, a Flipkart company announces its highly anticipated year-end travel sale with The Big Billion Days (TBBD) from 26 September - 6 October 2024. This year, Cleartrip aims to set a new standard in India’s travel aspirations during the festive season with great deals on flights, hotels, buses, and holiday packages, empowering customers to escape their daily routines and embark on much-needed getaways.  As consumer priorities shift towards valuing experiences alongside material purchases, travel has become a core part of festive celebrations. TBBD is perfectly aligned with this growing trend, offering value-driven travel deals that make the perfect festive escape possible while also making it affordable. Speaking on the occasion, Anuj Rathi, Ch...
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Automobile News, Feature, National News, Sports News

Tata Motors commercial vehicles signs three-year deal as Jamshedpur FC’s official automobile partner

Jamshedpur, September 2024. Tata Motors, India’s largest commercial vehicle manufacturer, has announced its association with Jamshedpur FC, one of India’s premier football clubs, as the official automobile partner for the next three editions of the Indian Super League (ISL). During these upcoming seasons, Jamshedpur FC will promote Tata Motors’ Intra range of pick-ups, engineered to perfectly suit the needs of customers looking for higher load carrying capacity and better driveability. Commenting on the announcement, Mr. Shubhranshu Singh, Chief Marketing Officer, Tata Motors Commercial Vehicles, said, "Football is more than just a sport, it brings people together. As Jamshedpur is the cherished home ground of the Tata group, we are happy to associate with Jamshedpur FC – one of the ...
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Business News, Feature, National News

Kotak Mahindra Bank to offer an exciting Cash-back on the all-new iPhone 16 lineup in India

Mumbai,  September 2024. Kotak Mahindra Bank Limited (“KMBL/Kotak”) is offering exciting deals on the new iPhone 16 line up, featuring larger display sizes, Camera Control, innovative pro camera features, and a huge leap in battery life — powered by the fast, efficient A18 Prochip and built for Apple Intelligence. Through this special offer Kotak’s credit card customers will enjoy an instant cash-back of Rs5000 on the purchase of the new iPhone 16 series using Kotak Credit Card and Credit Card EMI. The offer is also valid on Apple Watch Series 10, Apple Watch Ultra 2, AirPods 4 and AirPods 4with ANC. The purchases becomes even more affordable with the Credit Card EMI, where the bill amount is split in to affordable monthly payments with 6 month No Cost EMI. The offer can be avai...
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Feature, National News

SPS 2024 | Introducing New Spectacles and Snap OS: The Next Frontier of AR Glasses

New Delhi, September 2024. Today we’re introducing the fifth generation of Spectacles, our new see-through, standalone AR glasses that enable you to use Lenses and experience the world together with friends in totally new ways. Spectacles are powered by Snap OS, our brand-new and groundbreaking operating system designed to enhance how people naturally interact with the world. Spectacles are available starting today as part of our Spectacles Developer Program. Spectacles also work seamlessly with your mobile device. Through the new Spectacles app, you can use your phone as a custom game controller with Lenses, launch Spectator Mode so friends without Spectacles can follow along, mirror your phone screen, and more. Cutting Edge Hardware for Spectacular Software Spectacles are the...
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The first-ever BMW XM Label arrives in India

Gurugram, September 17, 2024. The first-ever BMW XM Label has been launched in India. Available as Completely Built-up Unit (CBU), only one unit out of 500 produced is coming to India. Mr. Vikram Pawah, President and CEO, BMW Group India said, “The first-ever BMW XM Label maximises the exclusivity factor with even more expressive styling. It brings together the M HYBRID system with extra power and bespoke design elements that showcase its standout performance attributes to unmistakable effect. The BMW XM Label responds to the needs and desires of customers with a taste for an extroverted lifestyle and passion for ultimate performance in a car reaching beyond traditional conventions. With only 1 out of the total 500 units produced coming to India, the BMW XM Label is truly special.” ...
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Fashion & Lifestyle, Feature, National News

Led by ‘FWD’ – Myntra Doubles Gen Z Customer Base to 16 Million; Targets 40 Million in the next couple of years

Bengaluru, 17 September 2024. Myntra is making bold moves to capture the burgeoning trend first GenZ fashion market with its dedicated app-in-app, FWD. In just over a year, led by FWD, Myntra has nearly doubled its GenZ customer base, growing from over 8 million in mid-2023 to an impressive 16 million in 2024, emerging as the go-to destination for GenZ fashion. The company plans to add another 20-25mn GenZ customers in the next couple of years.  The GenZ cohort today represents one-third of India’s e-lifestyle shoppers and influences 25% of the overall GMV in e-lifestyle fashion*. With the online trend-first fashion market expected to grow over 8X into a $5 billion market by 2028*, FWD by Myntra is seizing the moment and taking charge in reshaping fashion for young India, r...
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KaleidEO Unveils a High Resolution Multispectral Payload Delivering the Largest Area Coverage from India

Bengaluru, September 17, 2024. KaleidEO Space Systems, a subsidiary of SatSure Analytics India Pvt Ltd, announces the launch of its high-resolution, optical, multispectral payload. The payload is a one-of-a-kind wide swath imager, designed to maximize the area coverage while maintaining higher resolution of image captured. The payload will be able to deliver near 1 meter Ground Sampling Distance (GSD) while covering a 65 km swath. GSD refers to Ground Sampling Distance which is the distance between two consecutive pixel centres measured on ground from air or space.  This development comes in after it successfully completed the aerial testing of the scaled down prototype version of the optical EO (earth observation) payload which captured images at 16 centimeters s...
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Oil India to invest Rs 25,000 crore for net zero emissions by 2040

New Delhi, September 17, 2024. State-owned Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects to help achieve the net zero carbon emission goal by 2040, its chairman Ranjit Rath said on Saturday. OIL’s net zero plan includes a combination of cutting down the flaring of gas and commercialisation of stranded gas as well as setting up renewable electricity generation capacity, building green hydrogen plants and constructing biogas and ethanol plants. The net zero plans will go alongside its target to raise crude oil and natural gas production to 9 million tonnes of oil and oil equivalent gas by 2025-26 from 6.5 million tonnes produced in the fiscal year ended March 31, 2024. The company also plans to lay an 80-kilometer pipeline to bring natural gas from fields...
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Automobile News, Feature, National News

Hyundai Motor India Limited recognized as Top Employer 2024 in India

Gurugram | September 17, 2024. Hyundai Motor India Limited (HMIL) is proud to announce that it has been recognized as Top Employer 2024 in India by the Top Employers Institute, a leading global authority on recognizing excellence in people practices around the world. This prestigious recognition underscores our unwavering commitment to creating a better world of work through exceptional Human Resource (HR) policies and people practices. The Top Employers Institute certifies organizations based on their performance in the HR Best Practices Survey, which evaluates six key HR domains across 20 topics, including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity & Inclusion, Wellbeing, and more. Commenting on this achievement, Mr. Unsoo Kim, Managin...
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Pralhad Joshi says Rs 32.45 lakh crore finance pledged for renewables sector

New Delhi, September 17, 2024. Union New & Renewable Energy Minister Pralhad Joshi on Monday urged investors to invest in India saying that Rs 32.45 lakh crore finance in green projects has been committed by banks and financial institutions. Addressing the inaugural session of the 4th RE-INVEST 2024, Joshi said, “we have received overwhelming commitments from the states and UTs as well as from developers, manufacturers and financial institutions to support our goal of 500 GW by 2030.” He informed that developers have committed an additional 570 GW of capacity addition. The manufacturers have committed additional manufacturing capacities of 340 GW in solar modules, 240 GW in solar cells, 22 GW in wind turbines and 10 GW in electrolysers, he said.
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Bajaj Housing lists at 114% premium, market cap at Rs 1.37 lakh crore

New Delhi, September 17, 2024. Bajaj Housing Finance shares listed at Rs 150 on the stock exchanges on Monday, with a 114 per cent premium over the IPO price of Rs 70. The stock climbed further to hit the upper circuit at Rs 164.99 and closed at that level during the day. The company’s market capitalisation on the listing day was Rs 137,406 crore, according to the BSE data. This is the fourth finance company from the Bajaj stable to be listed on the exchanges. Bajaj Finance has a market capitalisation of Rs 4.54 lakh crore, Bajaj Finserv Rs 2.96 lakh crore and Bajaj Holdings and Investment Rs 1.16 lakh crore.
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Rupee rises 11 paise to settle at 83.75 against US dollar

Mumbai, September 17, 2024. The rupee appreciated by 11 paise to settle at 83.75 (provisional) against the US dollar on Tuesday amid a weaker greenback against major currencies and a decline in crude oil prices. The decline in wholesale inflation to a four-month-low and a strong domestic market pushed up the domestic unit, forex traders said. At the interbank foreign exchange market, the rupee opened at 83.87, down 1 paisa from its previous close and traded in the range of 83-70 to 83.87 during the day.
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Infosys collaborates with UK’s Metro Bank for digital transformation

New Delhi, September 17, 2024. Indian IT major Infosys on Tuesday said it has entered into a long-term collaboration with British community bank Metro Bank to digitise the bank's operations. The collaboration will utilise Infosys Topaz, the firm's AI-first offerings, to enhance Metro Bank's digital capabilities, improve automation, refine data, and embed further AI capabilities. This will assist the bank in increasing efficiency and saving costs, a regulatory filing said.
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Prices of iPhone 15 Slashed Following the Launch of iPhone 16 Series

Pune, September 17, 2024. The buzz and excitement surrounding the availability of iPhone 16 smartphones is palpable. In India, customers can pre-order their favourite models from September 13th, while the smartphones will go on sale from September 20th. The frenzy surrounding the iPhone 16’s sale has coincided with the previous-generation iPhone 15 witnessing a decline in its prices, signalling an excellent opportunity for users wishing to upgrade their smartphone experience. By shopping on the Bajaj Finserv EMI Network, customers can purchase their favourite iPhone 15 model on Easy EMIs, with a zero down payment offer available against select models.  The iPhone 15 Pro and iPhone 15 Pro Max models will also get the groundbreaking Apple Intelligence feature, bringing i...
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Canon India achieves No.1 position in Overall Laser Copier Market based MFP*; Unveils Next-Gen A4 Multifunctional Printers & Network Scanner

New Delhi, September 17, 2024. Canon, a global leader in imaging solutions, is excited to announce the launch of three innovative products designed to enhance productivity and connectivity in modern office environments in printing (1440i, C1333i) and digitization with DR-S250N. All the products are equipped with excellent functionalities for corporates, SMEs & Government organizations. Sharing his thoughts on the launch, Mr. Toshiaki Nomura, President & CEO, Canon India, said, "In today’s dynamic and hyperconnected environment, businesses need solutions that address their specific office automation needs while ensuring a productive and cost-efficient infrastructure. We understand the evolving needs of businesses and are committed to continually providing solutions that e...
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Feature, National News

PM Modi to launch Subhadra Yojana in Odisha

Bhubaneswar, September 17, 2024. Prime Minister Narendra Modi is scheduled to launch the Odisha government's flagship women-centric initiative, Subhadra Yojana. PM Modi's visit to Odisha on his 74th birthday would be the first after he attended the swearing-in ceremony of Chief Minister Mohan Charan Majhi on June 12. Under Subhadra Yojna, named after Goddess Subhadra, the sister of Lord Balabhadra and Lord Jagannath, all eligible women between the age of 21-60 years would receive Rs 50,000 over a period of five years between 2024-25 and 2028-29. An amount of Rs 10,000 per annum would be credited in two installments directly to their accounts. The initiative is expected to cover more than 1 crore women.
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Business News, Feature, Food and Beverages, National News

MAGGI Crafts New ‘Happy Bowl’ with Love: Delightful Noodles for young ones!

New Delhi, September 2024. Continuing with its spirit of culinary innovation, MAGGI has unveiled the Happy Bowl. The new product combines irresistible taste with goodness of atta, and is a source of protein, calcium, vitamin A, and fiber.Available in two delightful flavours, 'Yummy Masala' and 'Twisty Tomato,' this new offering is crafted to delight young palates while embodying MAGGI’s commitment to delivering great taste through innovation. Mr. Rajat Jain, Director, Foods Business at Nestlé India, shared his enthusiasm for the new product and said, “At MAGGI, we are deeply passionate about the food we create, and MAGGI Happy Bowl holds a truly special place in our hearts. It promises to continue MAGGI’s legacy of creating beloved products for everyone in the family and provide them...
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Samsung TV Plus Expands its Channel Offerings; Adds Four New FAST Channels from India TV Group for Consumers

Gurugram, September 14, 2024. Samsung TV Plus, the brand’s free ad-supported streaming TV (FAST) service in India, has tied up with India TV Group to launch of four new channels on its portfolio. As part of this collaboration, India TV Group’s Connected TV (CTV) exclusive channels India TV, India TV Speed News, India TV Aap Ki Adalat, and India TV Yoga are now accessible on the Samsung TV Plus platform. Viewers can now enjoy easy access to extensive high-quality content offerings ranging from news, current affairs, fitness and entertainment. Samsung TV Plus is a free streaming service that comes pre-installed on Samsung Smart TVs, offering a wide range of channels, including news, sports, entertainment, and more, in select countries. In India, Samsung TV Plus gives viewers access to...
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Retail inflation up to 3.65% in August on account of rise in food prices

Jaipur, September 13, 2024. Retail inflation inched higher to 3.65 per cent in August from the five-year low print of 3.60 per cent in July mainly on account of rise in food prices even as it continued to remain below the 4 per cent mark in the 4+/- 2 per cent band of medium-term inflation target set by the Reserve Bank of India (RBI), data released by the National Statistical Office (NSO) showed Thursday. After slipping to a 13-month low of 5.42 per cent in July, food inflation based on Combined Food Price Index (CFPI) increased to 5.66 per cent in August led by an uptick in perishables such as vegetables and fruits. Data released separately showed the country’s factory output for July, as measured by the Index of Industrial Production (IIP), inched higher to 4.8 per cent from a fiv...
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Moneyboxx Finance raises Rs 176 crore

New Delhi, September 13, 2024. Moneyboxx Finance, a NBFC providing business loans to micro entrepreneurs, on Friday said it raised Rs 176 crore to support growth plans. In a filing to BSE, the company announced the allotment of equity shares and warrants convertible to equity amounting to Rs 176 crore. The capital raise includes Rs 63 crore via preferential equity issue and Rs 113 crore via equity warrants from both promoters and non-promoters.
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Samsung Announces Exciting Limited Period Offer on Galaxy S24 Ultra

Gurugram, September, 2024. Samsung, India’s largest consumer electronics brand, today announced a never-before-seen price on its flagship Galaxy S24 Ultra smartphone. Starting September 12, 2024, Galaxy S24 Ultra will be available at just INR 109999 as part of a limited period offer. The smartphone was originally priced starting INR 129999. The special price includes an instant cash back of INR 8000 along with an additional upgrade bonus of INR 12000. Alternatively, consumers can also avail bank cashback of INR 12000. Additionally, consumers seeking enhanced affordability can take advantage ofno-cost EMI for 24 months. Galaxy S24 Ultra ushers in a new era of mobile AI, enabling consumers to do more with Galaxy AI. Galaxy S24 Ultra enhances and redefines the phone’s most fundamenta...
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HERO MOTOCORP CONCLUDES ‘THE CENTENNIAL’ AUCTION WITH RESOUNDING SUCCESS

New Delhi, September 13, 2024 The overwhelming response to 'The Centennial' reflects the deep admiration and respect for our Chairman Emeritus, Dr. Brijmohan Lall Munjal. This masterpiece embodies his values and stands as a lasting tribute to the remarkable legacy he left behind. My father was deeply committed to giving back to society, and his principles and vision continue to inspire through the institutions he founded. I extend my heartfelt gratitude to the entire Hero community for their generous contributions, helping raise funds for charitable initiatives. Aligned with our “customer-first”’ philosophy, we are excited to offer this masterpiece to our most valued stakeholders - our 118+ million customers around the globe - through an AI-powered contest Dr. Pawan Munjal E...
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