National News | Exclusive News

12Nov

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Light + LED Expo India 2024

New Delhi, November 12,2024. India’s premier expo, Light + LED Expo India 2024, is set to showcase advanced products in LED and intelligent lighting solutions from 21st to 23rd November 2024 at Yashobhoomi (IICC), Dwarka, Delhi. With 240+ exhibitors from nine countries, the B2B event will present innovative solutions for homes, high rises, architecture, infrastructure, and everything in between. With LED light emerging as a powerful catalyst in India's energy efficiency journey, its applications have spread from households and industrial spaces to more complex and customised needs for architecture and interior design, urban infrastructure and smart city projects. Government-backed initiatives like Unnat Jyoti by Affordable LEDs for All and LED Street Lighting National Programme ...

12Nov

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Feature, National News

Tide in India Celebrates 1,200 Employee Milestone, Two Years Ahead of Target

New Delhi, November 12, 2024. Tide1 in India, the leading business financial platform for SMEs, has reached a significant milestone two years ahead of its target by crossing 1,200 employees in the country. In June 2021, Tide announced it would be creating over 1,000 jobs in India by 2026. This milestone highlights Tide's strengthening of its footprint in the Indian market and driving ambitious growth. As part of this strategy, the company aims to create an additional 700 plus roles in 2025, focusing on product engineering, marketing, and other key business functions. The employee count includes team members from product and engineering, marketing, operations, and support functions from Tide’s offices in Delhi NCR and Hyderabad. The efforts to hire and scale are to...

12Nov

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Hassle-Free Mutual Fund Investment Online with HDFC Securities & HDFC SKY

Mumbai, November 12, 2024. HDFC Securities invites you to embrace the future of investing with Digify, a fully digital platform designed for seamless mutual fund investments. Investors can also meet their mutual fund needs through HDFC SKY. With easy access, tracking, and management, both Digify and HDFC SKY empower you to take control of your financial future in just minutes. These unique platforms allow you to invest hassle-free in mutual funds by simply opening an account in three easy steps, all without the need for a Demat or Trading Account.

12Nov

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Feature, National News

World’s First Patent Acquired for Animal Supplement “Pinfenon” (S) (R)

Tokyo, November 2024. Patent Covers Invention of Treatment Drug and Prophylactic Drug for Lowering Cardiac Disorder Markers in Dogs as Well as Their Manufacturing Methods - Scarecrow Incorporated, based in Tokyo's Shibuya Ward, is pleased to announce that it has acquired the world's first (*) patent for Pinfenon (S) (R), an animal supplement made in Japan, associated with a treatment drug and a prophylactic drug for lowering the atrial natriuretic peptide (ANP) as well as their manufacturing methods. The supplements approved as drugs by the Japan Patent Office are subject to technical transfer in such products as food, shampoos, and essences as new means of allowing anyone to protect small dogs from cardiac disorders Many breeds of small dogs are genetically susceptible to the ca...

12Nov

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Blue Dart Announces Second Quarter Results, Sales at Rs. 1,448 Crore

Mumbai, November 12, 2024. Blue Dart Express Limited, South Asia's premier express air, integrated transportation, and distribution logistics company, declared its financial results today for the quarter ended September 30, 2024, at its Board Meeting held in Mumbai. The company posted Rs. 60.76 crore profit after tax for the quarter ended September 30, 2024. Revenue from operations for the same period stood at Rs. 1,448.46 crore. Blue Dart's exceptional service quality, strengthened by advanced automation and technology, remains a cornerstone of its operations, providing customers with a seamless, one-stop solution for all their logistics needs. Reflecting on the company's performance, Balfour Manuel, Managing Director, Blue Dart Express Ltd., stated, 'D...

11Nov

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Samsung Innovation Campus Completes the 2024 Programme by Training 3,500 Youth in Future-Tech Skills

Gurugram, November11, 2024. Samsung India has completed the certification of 3,500 students under the Samsung Innovation Campus (SIC) programme for the year 2024. Aligned with the Government of India’s #SkillIndia and #DigitalIndia initiatives, Samsung Innovation Campus focuses on improving employability of the youth by training them in high-demand tech fields such as AI, Internet of Things, Big Data and Coding & Programming. In 2024, Samsung’s flagship CSR initiative expanded its reach by enrolling 3,500 students, up from 3,000 in 2023. It involved 12 SIC certification events organized across educational institutes in Uttar Pradesh, Delhi NCR, Tamil Nadu and Karnataka. The courses under SIC have been operational across six universities and one national skilling institute.“Wit...

11Nov

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Micron Technology President and CEO Sanjay Mehrotra awarded Honorary PhD by BITS Pilani

Pilani, Rajasthan, November 11, 2024. BITS Pilani, a premier institution recognized for its innovation and excellence held its annual convocation ceremony in Pilani on 10th November. At theconvocation,Sanjay Mehrotra, President and CEO of Micron Technology was bestowed with an honorary PhD to celebrate his remarkable 40-year journey in the world of technology.Mr. Mehrotra’s significant contribution to the advancement of semiconductor technology is reflected in this recognition, demonstrating the institute’s dedication to identifying leaders who are meaningful changemakers. In his address, Mr. Mehrotracalled onBITS Pilani’s graduating classto seize the tremendous opportunities driven by artificial intelligence. He commended students on their dedication and resilience, challenging them...

11Nov

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Yatra Online Partners with DW Travel to Expand Corporate Travel Presence in UAE

New Delhi, November 11, 2024. Yatra Online Limited, India's largest corporate travel services provider and leading online travel company, announced a strategic partnership with DW Travel, a premier United Arab Emirates based travel management company, under its innovative Corporate Platform Partner (CPP) Program. This collaboration empowers offline and online travel companies with new revenue streams, differentiated offerings, and advanced travel-related products and services features. Founded in Dubai in 2004, DW Travel is a leading Travel Management Company renowned for its expertise in Corporate Travel Management, VIP & Luxury, and Leisure Travel. Through this partnership, DW Travel will leverage Yatra's cutting-edge platform, expertise, and technology infrastructure to deliv...

9Nov

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American Express and Times Prime Unveil ‘Ace by Times’ Prime: India’s First Super-Premium Lifestyle Subscription

New Delhi, November 2024. Times Prime announced today an exclusive partnership with American Express to launch "Ace by Times Prime," a first-of-its-kind super-premium lifestyle subscription. This service will be exclusively available to American Express premium and ultra-premium credit cardholders. Ace by Times Prime is a brand new premium bundle that includes only top-tier subscriptions like Lionsgate, WSJ, Mint, Condé Nast, and more. Subscribers also enjoy exclusive end-to-end annual access to top-tier content from these platforms along with special offers on luxury brands like Tata CliQ Luxury, Heads up For Tails, AJIO Luxe, alongside premium services from Kama Ayurveda, and more. Members also receive VIP access to high-profile events, blending networking opportunities with cultur...

9Nov

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Crompton Launches the Nigella Pro Mixer Grinder to Revolutionize Kitchen Convenience

Hyderabad, November 2024. Crompton Greaves Consumer Electricals Limited, renowned for its long-standing commitment to technological advancement and consumer satisfaction, unveils its newest addition to its kitchen appliance portfolio – the Nigella Pro 500W Mixer Grinder. Crafted to enhance the cooking experience by seamlessly blending functionality with modern aesthetics, the Crompton Nigella Pro is an essential addition to any home. Designed for efficiency and convenience, it meets all your culinary needs. With its powerful 500W Powertron Motor, it delivers quick grinding and blending, helping you save valuable time in your daily cooking routine. With its powerful cooking capacity, the Crompton Nigella Pro mixer grinder is made to simplify your cooking tasks. This multipurpose grin...

9Nov

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Acer India Launches Iconia Tablet in 8.7-inch and 10.36-inch screen size

Mumbai, November 2024. Acer, one of the leading technology brands in the world, today unveiled the new range of tablets under the Iconia brand. Designed with sleek 8.7” and 10.36” displays, these tablets offer the perfect balance of performance, mobility, and versatility, catering to users looking for devices that can handle everything from binge-watching and gaming to productivity. With an impressive battery life of up to 10 hours of video playback, powered by a 5100 mAh battery for the 8.7-inch model and a 7400 mAh battery for the 10.36-inch model, users can enjoy hours of uninterrupted entertainment and multitasking, making these tablets the ideal choice for an active digital lifestyle. The 8.7-inch Iconia Tab iM9-12M features a strong metal body, packed with features that guaran...

9Nov

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TTK Prestige introduces India’s pioneering fuel-efficient gas stove, ‘Efficia Gas Stove’

National, November 2024. TTK Prestige, a leading brand in kitchen appliances and home solutions, has launched the Efficia Gas Stove, a pioneering product designed for superior cooking efficiency and sustainability. With a remarkable 75% thermal efficiency, it surpasses traditional stoves in energy savings. The brand has released a TVC highlighting the features of this disruptive kitchen appliance, emphasising its ‘fuel efficiency’ by likening it to a vehicle’s ‘mileage’ - a key factor for today’s customers. The TVC underscores the Efficia Gas Stove’s role in promoting a greener lifestyle. The new launch offers high efficiency, reducing fuel consumption and helping consumers lower their gas bills, a significant advantage given the changing fuel prices. As a groundbreaking product, the...

Ricky Kej, Anoushka Shankar earn nominations for 67th Grammy Awards

9Nov

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Ricky Kej, Anoushka Shankar earn nominations for 67th Grammy Awards

New Delhi, November 2024. Ricky Kej and Anoushka Shankar are among the Indians nominated for the 67th Grammy Awards. Kej, a three-time Grammy winner, earned his fourth nomination for "Break of Dawn" in the Best New Age, Ambient, or Chant Album category, as announced by the Recording Academy on Friday. The category, which includes albums featuring more than 75 per cent new vocal or instrumental new age recordings, also features Chapter II: How Dark It Is Before Dawn by sitarist and composer Shankar.

Protinex Diabetes Care Partners with Apollo Health Co (Apollo 24/7) to Support Diabetes Management in India

9Nov

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Protinex Diabetes Care Partners with Apollo Health Co (Apollo 24/7) to Support Diabetes Management in India

Mumbai, November 09, 2024. In a significant move towards promoting diabetes management and encouraging early testing, Protinex Diabetes Care partners with Apollo Health Co (Apollo 24/7) to create greater awareness around this significant health issue through Protinex Diabetes Care. Marking the occasion of World Diabetes Day, consumers purchasing a Protinex Diabetes Care pack will entitle them for a complimentary HbA1c test – a gold standard for long-term glucose monitoring, measures average blood glucose levels over the past two to three months. This test can be conveniently conducted by scheduling a home collection appointment through Apollo 24/7. The offer period is valid until November 30. The initiative aims to raise awareness on the importance of re...

8Nov

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Tata Motors Consolidated Q2 FY25 Results

Mumbai, November 08, 2024 Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2024. Consolidated(₹Cr Ind AS)Jaguar Land Rover(£m, IFRS)Tata Commercial Vehicles (₹Cr, Ind AS)Tata Passenger Vehicles (₹Cr, Ind AS)FY25Vs. PYFY25Vs. PYFY25Vs. PYFY25Vs. PYQ2 FY25Revenue101,450(3.5)%6,475(5.6)%17,288(13.9)%11,700(3.9)%EBITDA (%)11.4 (230) bps11.7(320) bps10.840 bps6.2(30) bpsEBIT (%)5.6(190) bps5.1(220) bps7.8(10) bps0.1(170) bpsPBT (bei)5,768₹(391) Cr398£ (44)mn1,314₹(212) Cr229₹(67) CrH1 FY25Revenue209,4981.0%13,748–35,138(5.2)%23,548(5.9)%EBITDA (%)13.0 (100) bps13.9(170) bps11.2120 bps6.010 bpsEBIT (%)7.0(80) bps7.1(90) bps8.4 120 bps0.2(120) bpsPBT (bei)14,595₹2,895 Cr1,091£ 214 mn2,849₹387 Cr402₹(81) Cr Tata Motors Consolidated:TML del...

7Nov

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Oben Electric Shakes Up the City Commuter Motorcycle Market with the Easy-to-Ride Rorr EZ launch, Now Available at an Introductory Price of Just ₹89,999

Bengaluru, November 07, 2024. Oben Electric, a homegrown R&D driven electric vehicle manufacturer, announces the launch of its electric motorcycle Rorr EZ (read:‘easy’),the latest addition to its popular Rorr product line, designed to provide an easy and seamless riding experience for daily commuters. Engineered to redefine city commuting, Rorr EZ launches at an introductory price starting at ₹89,999 (ex-showroom) for a limited period. Embodying the spirit of "India Rides EZ," this electric motorcycle breaks down barriers in the EV market, making electric mobility accessible for everyone. The Rorr EZ combines effortless handling, striking aesthetics, and high-performance technology to tackle everyday city traffic challenges including endless clutch and gear shifting, vibrations, ...

7Nov

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MODIFI Secures Strategic Investment from SMBC Asia Rising Fund to fuel Asian exports by SMEs

New Delhi, November 2024. MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanPaolo, Heliad and other top-tier global investors. Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s leading banks and a major financial force in the APAC region, brings both capital and strategic alignment to the partnership. Beyond the equity investment, MODIFI and SMBC have signed a Memorandum of Understanding (MoU) to jointly advance digital solutions that support SME exporters across Asia in expanding their international trade operations. Through a series of joint initiatives, MODIFI and SMBC aim to empower SMEs...

6Nov

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Shriram General Insurance Reports Strong Q2 FY25 Results: 15% Growth in GWP, 17% rise in Net Profit

Jaipur, November 06, 2024. Shriram General Insurance Company (SGI) has reported a 15% year-on-year increase in Gross Written Premium (GWP) for Q2 FY25, reaching Rs. 861 Cr, up from Rs. 750 Cr in the same quarter last year. For the first half of the financial year, GWP grew by 22%, rising from Rs. 1,310 Cr to Rs. 1,594 Cr, significantly outperforming the general insurance industry's growth rate of 7%. The company issued 2,732,906 policies during the first half of FY25 and posted a net profit of Rs. 254 Cr, reflecting a 17% growth from Rs. 217 Cr in the same period last year.Shriram General Insurance settled 102,449 claims in HY1 FY25, a significant increase from 86,708 claims in the year-ago period. The company’s solvency ratio stands strong at 3.93 as of September 30, 2024, well a...

6Nov

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HERO MOTOCORP SHOWCASES ITS FUTURE MOBILITY VISION AT EICMA 2024

New Delhi, November, 2024. “With our vision "Be the Future of Mobility," Hero MotoCorp aims to push boundaries and setnew standards in innovation and sustainability. We are driven by our commitment to pioneering technologies that shape a future of mobilitydesigned to benefit generations to come. “As the world's largest two-wheeler manufacturer, Hero MotoCorp embodies the spirit of "Innovating and Making in India for the World". This ethos permeates every aspect of our operations, reinforcing our dedication to serving our 120 million customers while maintaining a focus on environmental sustainability. “Hero MotoCorp continues to be a trusted global leader, known for reliability and resilience of our machines. This enduring trust and our world-class products form the foundatio...

6Nov

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Samsung Tops India’s Smartphone Market with 23% Value Share in Q3: Counterpoint Research

Gurugram, November, 2024. Samsung was the number 1 smartphone brand by value in India for the third straight quarter in 2024, according to data released by Counterpoint Research. In Q3 2024, the Indian smartphone market achieved its highest- ever value led by Samsung which accounted for 23% market share, the research agency said. “The market is increasingly shifting toward value growth fuelled by a premiumization trend supported by aggressive EMI offers, and trade-ins. Samsung currently leads the market by value with a 23% share, maintaining its position by prioritizing its flagship Galaxy S series and enhancing its value-driven portfolio. To strengthen its market presence, Samsung is integrating Galaxy AI features into its mid-range and affordable premium models in the A series, enc...

5Nov

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Samsung R&D Institute, Bangalore Sets Up a State-of-the-Art Linguistics Lab focused on Artificial Intelligence and Machine Learning, Jointly with Garden City University, Bangalore

Bengaluru, November, 2024. Samsung R&D Institute India - Bangalore (SRI-B) has collaborated with Garden City University (GCU), Bangalore to set up a ‘Samsung Student Ecosystem for Engineered Data (SEED) Lab’, providing students and faculty an exciting opportunity to delve into the world of AI/ML and data engineering. At the Lab, students and faculty members of GCU will get hands-on experience through joint projects on emerging cutting-edge tech areas such as Natural Language Understanding, Speech and Text recognition and Machine Learning, with senior engineers at SRI-B. Samsung has already launched four SEED Labs - two each in Karnataka and in Tamil Nadu (VIT- Vellore & VIT- Chennai) earlier, engaging more than 400 students in AI and data-related projects. “We’re at a t...

5Nov

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HYATT SET TO EXPAND BRAND PRESENCE IN NEPAL WITH HYATT REGENCY LUMBINI

CHICAGO,November 05, 2024. Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a management agreement with Veda Hospitality Private Limited, a part of the Golyan Group Limited, for Hyatt Regency Lumbini. The property will be the fourth Hyatt branded hotel in Nepal,reaffirming the significance of the market in Hyatt’s ambitious growth plans for Southwest Asia. Revered as the birthplace of Lord Buddha, the serene and spiritually significant town of Lumbini stands as an unparalleled destination for tourists as it draws travelersfrom across the world to the sacred site. It also boasts an UNESCO World Heritage status, with Lumbini's vast gardens featuring historical treasures, including the Ashoka Pillar, diverse monasteries and international t...

5Nov

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HERO MOTOCORP REGISTERS A GROWTH OF 13% WITH RETAIL SALES OF 16 LAKH UNITS DURING THE 32-DAY PERIOD

New Delhi, November 2024. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, achieved its highest-ever retail sales during the recent 32-day festive period, starting from Navratri. With sales of over 15.98 lakh (1.6 million) units, the company registered an impressive 13% growth compared to the festive season of 2023. The robust demand for Hero MotoCorp's products was evident across both urban and rural India. The 125cc motorcycle segment, with Xtreme 125R, emerged as a key growth driver, while the 100cc segment also contributed positively to the company's strong sales performance. VIDA, Hero MotoCorp's electric vehicle brand, crossed a significant milestone by achieving 11,600 retail sales during the same period. VIDA network's ongoing exp...