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AI-based innovations shine at India Mobile Congress 2024; Over 750 AI-based use cases showcased

New Delhi, October 2024. Artificial Intelligence (AI) stood out as a key flavour of the season at India Mobile Congress 2024, as a diverse spectrum of tech and telecomcompanies, including startups andeducational institutes, showcased over 900 technology use case scenarios, including 750 AI-based use cases during the 4-day forum at Pragati Maidan, New Delhi. During his inaugural visit to IMC 2024, Hon’ble Prime Minister Narendra Modi interacted with pioneering startups like Signalchip, Wisig Networks, including women-led startups like Astrome and Easiofy Solutions, showcasing India's leadership in cutting-edge technology innovations. The focus of the AI enabled use cases was on conservation, convenience, efficiency, safety, automating hazardous tasks, assisting humans and more. On one...
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Introducing Galaxy A16 5G for INR 18999: Unleash Your Creativity Featuring a Triple Camera with Ultra-Wide,6 Years of OS Upgrades

Gurugram, October, 2024. Samsung, India’s largest consumer electronics brand, today announced the launch of the Galaxy A16 5G in India, starting INR 18999. Bringing awesome innovations to users at an accessible price, Galaxy A16 5G sets a new standard for mid-range smartphones in India by providing 6 generations of OS upgrades and 6 years of security updates. Samsung Galaxy A16 5G will be available in two variants – 8 GB/128 GB and 8 GB/256 GB in trendy colours such as Gold, Light Green and Blue Black. It will be available across retail stores, Samsung.com, and online platforms including Amazon.in and Flipkart.com, starting today. Awesome Design and Performance: Samsung Galaxy A16 5G has been engineered to be both sleek and practical. The device measures just 7.9mm in width, be...
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400 Students of Samsung Innovation Campus Certified in Future-Tech Skills at Gautam Buddha University

New Delhi, October 2024. Samsung India’s flagship CSR programme, Samsung Innovation Campus, concluded the Artificial Intelligence (AI) course for 400 students of Gautam Buddha University in Greater Noida, Uttar Pradesh, reiterating the brand’s commitment to being a strong partner of the country and working alongside the Government in its mission of skilling the country’s youth and powering #DigitalIndia. The students were certified at a felicitation ceremony attended by Prof. R.K. Sinha, Vice Chancellor, Gautam Buddha University, alongside officials from Samsung and the Electronics Sector Skills Council of India (ESSCI). At the conclusion of the entire programme for the year, the toppers from each domain will be awarded a cash prize of INR 1 lakh and will get a chance to visit Sam...
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Kotak Mahindra Bank to Acquire Standard Chartered Bank, India’s Personal Loan Book

Mumbai, October 2024. Kotak Mahindra Bank Limited (“KMBL”) today announced that it has entered into an agreement to acquire the Personal Loan book (“Proposed Transaction”) of Standard Chartered Bank, India, further strengthening its position in the Retail Credit market. As of September 30, 2024, Proposed Transaction comprises a total loan outstanding of around ₹4,100 crore (equivalent to ~$490 million). The Proposed Transaction consists of loans classified as “Standard Loans” as per the Reserve Bank of India (RBI) guidelines. The transaction is expected to be completed over the next three months, subject to regulatory and other approvals and the satisfaction or waiver of customary closing conditionsand KMBL will acquire the loan book, which will be outstanding closer to the completio...
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Indian Bank signs MoU with Tata Motors to offer commercial vehicle financing solutions

Mumbai, 17th October, 2024. Indian Bank, one of India's leading public sector banks, has signed a Memorandum of Understanding (MoU) with Tata Motors, India's largest commercial vehicle manufacturer to offer attractive financing solutions to Tata Motors commercial vehicle customers and authoriseddealerships across the country. The bank will offer customised financial packages with competitive interest rates and streamlined credit processing. This partnership will provide tailored financial solutions for Tata Motors’ entire commercial vehicle portfolio including LNG (Liquefied Natural Gas) and electric range of commercial vehicles. Tata Motors and Indian Bank will also significantly scale up their partnership on dealer financing. Speaking on this announcement, Mr. Ashutosh Choudhury, E...
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MediaTek Outlines Roadmap for AI-Powered Chipsets Fuelling Generative AI Technology at IMC 2024

New Delhi, October, 2024. MediaTek, a leading global fabless semiconductor company powering over two billion connected edge devices yearly, reiterated its commitment to affordable and AI-powered chipsets at the India Mobile Congress (IMC) 2024. MediaTek is working on providing highly integrated and efficient system-on-chip products to realise the true potential of AI.This involves creating an ecosystem of edge-AI hardware processing paired with comprehensive software tools across its product range, including smartphones, laptops, smart homes, intelligent IoT in businesses, and smart vehicles. Mr. Anku Jain, Managing Director, MediaTek India, said, “MediaTek is uniquely positioned to drive and support the adoption of Generative AI applications and technologies. The recently launc...
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Toyota Kirloskar Motor Celebrates the Festive Season with Exclusive Limited Edition of Urban Cruiser Taisor

Bangalore, 16th October 2024. Adding to the festive fervour, Toyota Kirloskar Motor (TKM) today announced the Limited Edition of its highly popular model - Urban Cruiser Taisor. This special edition, designed with a focus on enhancing style, and premium-ness, comes with a well curated Toyota Genuine Accessories (TGA) package to elevate delight and excitement to customers. Available across all Turbo variants, the Limited Edition comes with a comprehensive TGA package of ₹20,160enhancing both the exterior and interior of the versatile UC Taisor. List of key features: Front and rear under spoilers in granite grey and red colors Premium door sill guards Chrome garnishes for the headlamps and front grille Body side molding Door visor premium All-weather 3D mats and a we...
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PM Narendra Modi Calls for global standards in ethical AI and data privacy; Industry leaders join to discuss the road ahead to digital transformation in the era of AI

New Delhi, October 2024. The 8th Edition of Indian Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), kicked-off today with inauguration by Prime Minister Narendra Modi at Bharat Mandapam.Hon’ble Prime Minister took a walkthrough of the exhibition area before officially inaugurating the event and where helisted four pillars of Digital India - Low-priced devices, extensive reach of digital connectivity to every nook and corner of the country, easily accessible data and goal of ‘Digital First’. Further demonstrating this year's theme of "The Future is Now", the first day of IMC and WTSA 2024 sawglobal leaders, visionaries, innovators ...
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Snap Inc. & BCG Launch India’s First Report Highlighting Gen Z’s Distinctive Spending Power Across Multiple Categories

New Delhi, October 2024. With a population of 377 million, Gen Z is now the largest generation ever to live in India. While they’re often perceived as teenagers, Gen Z is far from a homogeneous group. Their immense purchasing power and unique perspectives, behaviours demand the attention of businesses and marketers alike. To separate fact from fiction and gain a deeper understanding of this influential generation, Snap Inc. partnered with Boston Consulting Group (BCG) to develop a report on Gen Z titled "The $2 Trillion Opportunity: How Gen Z is Shaping the New India". This expansive research offers new perspectives into Indian Gen Z’s distinctive spending power across multiple categories, that no other report has explored in the past. The report also delves into uncovering unique...
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Rajasthan CM visits FlixBus HQ, discusses investment, job creation, digital empowerment of bus operators

Jaipur, 16 October 2024. Global travel-tech leader FlixBussigned a Memorandum of Understanding (MoU) with the Government of Rajasthan during the visit of Shri Bhajan Lal Sharma, Chief Minister of Rajasthan to FlixBus headquarters in Munich, Germany. This agreement signals a strong commitment from both sides to bring long-term benefits to the state by improving bus-transport infrastructure, creating jobs and empowering local bus operators with world-class technology. During his visit, the Chief Ministerhad a detailed discussion withthe global leadership team of FlixBus, including Mr. André Schwämmlein, Co-Founder & CEO and Mr. Max Zeumer, Chief Operating Officer. The discussion focused on the role being played by FlixBusin expanding access to affordableand sustainable bus transpor...
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Coca-Cola India’s artistic tribute to women farmers in celebration of Mahila Kisan Diwas

New Delhi, October 2024. To celebrate Mahila Kisan Diwas, Coca-Cola India has collaborated with renowned illustrator PS Rathour to pay tribute to the remarkable contributions of women farmers and their journeys toward sustainable agriculture.The artist's canvas highlights five women farmers —Regina, Rani, Suvarna, Preethi, and Basanti—from diverseIndian states brought to life through captivating illustration. At the heart of this initiative are inspiring stories of resilience and transformation. In Kodagu, Rani revitalized barren land into a flourishing coffee plantation, turning her personal loss into a thriving enterprise while earning a steady income. Her dedication and leadership earned her a position as a board director for the Madikeri Highlands Farmers Producers Company. Meanw...
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Samsung Ushers in a New Era by Expanding Galaxy Ecosystem, Begins Pre-reserve for Galaxy Ring in India

Gurugram, October 2024. Samsung, India’s largest consumer electronics brand, today announced the commencement of pre-reserve for its highly anticipated Galaxy Ring in India. The Galaxy Ring, which fits comfortably on users’ fingers like a traditional ring, is equipped with cutting-edge Galaxy AI features and sensors to deliver a differentiated experience. The Galaxy Ring adorns a titanium finish for enhanced durability and comes with an IP68 rating for water and dust resistance. The Galaxy Ring is rated 10ATM as it is built to withstand water depths of up to 100 meters, performing seamlessly in all conditions. Customers can pre-reserve their Galaxy Ring by paying a token amount of INR 1999 on Samsung.com, select retail stores, Amazon.in and Flipkart.com. Customers who pre-...
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Meta and Ayushmann Khurrana join hands to empower people against Online Scams

New Delhi, October 14th, 2024. Meta today launched its safety campaign ‘Scams se Bacho’ and has partnered with Bollywood star Ayushmann Khurrana to educate people on how to stay safe from online scams and promote safer digital practices. Launched in collaboration with the Ministry of Electronics and Information Technology (MeitY), Indian Cybercrime Coordination Centre (I4C) and Ministry of Information and Broadcasting (MIB), Meta’s campaign emphasizes the company’s commitment to safeguard people online, supporting the Government's goal to combat the rising cases of scams and cyber frauds in the country.  The educational campaign showcases some of the most common scams people face in their daily lives, encouraging people to stay alert and exercise caution before they take any act...
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From Fields to Futures: How Women Farmers Are Leading the Way

New Delhi, October 2024. In rural India, women have long played a pivotal role in agriculture, yet their contributions often go unnoticed. Today, through innovative training and support programs, women farmers are breaking through economic and social barriers to lead their communities toward sustainable development. On the occasion of Mahila Kisan Diwas, let's honor and celebrate the unwavering efforts of women farmers who are breaking barriers and leading the change in agriculture. These five inspiring women have not only transformed their own lives but have also empowered those around them, creating a ripple effect of positive change.Their stories highlight the transformative power of resilience and community, revealing the lasting impact that can be achieved when women are equipped t...
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Shriram Finance launches its innovative two-wheeler loan solution – the “Two-Wheeler Loan Eligibility Voucher”in Rajasthan

Jaipur, October 2024. Shriram Finance Limited, the flagship company of the Shriram Group, today announced the launch of “Two-Wheeler Loan Eligibility Voucher”, an innovative and first-of-its-kind two-wheeler loan solution for customers looking to buy their dream two-wheeler in this festive season. Mr. Y. S. Chakravarti, MD & CEO, Shriram Finance, speaking about this initiative, said:“We are proud to introduce the Two-Wheeler Loan Eligibility Voucher, a first-of-its-kind initiative for all the customers who are looking to buy their two-wheelers this festive season. Shriram Finance is one of the largest two-wheeler financiers in Rajasthanand this initiative will help consolidate and enhance our position in Rajasthan.” Mr. Chakravarti further added, “Customers typically invest a ...
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Toyota Kirloskar Motor Introduces Urban Cruiser Hyryder‘ Festival Limited Edition’

Bangalore,  October 2024. Reinforcing its legacy of innovation and customer-centric approach, Toyota Kirloskar Motor (TKM) today announced the introduction of the Urban Cruiser Hyryder‘Festival Limited Edition’, featuring exclusive Toyota Genuine Accessories (TGA) Package. This latest addition to the Urban Cruiser Hyryder line-up comes with 13 specially designed TGA, further enhancing the dynamic and premium driving experience. Exterior Chrome and Ornamental Accessories: Mudflap, Door Visor (Premium with SS Insert), Front and Rear Bumper Garnish, Head Lamp Garnish, Hood Emblem, Body Cladding, Fender Garnish, Rear Door Lid Garnish, and Door Chrome Handle Interior Premium and Advanced Accessories: All-Weather 3D Floormat, Leg Room Lamp, and a Digital Video Recorder Since i...
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HERO MOTOSPORTS SCRIPTS HISTORY – ROSS BRANCH IS THE NEW FIM WORLD RALLY-RAID CHAMPION!

Mengoub, October 2024. Hero MotoSports Team Rally, the motorsport team of the world’s largest manufacturer of motorcycles and scooters -Hero MotoCorp, today crossed the last finish line of Rallye Du Maroc 2024, and with it, Ross Branch was crowed the new FIM World Rally-Raid Champion. This race was the 5th and final round of the FIM World Rally-Raid Championship (W2RC) 2024. Finishing strong with the highestChampionship points, Hero rider Ross - fondly known as the ‘Kalahari Ferrari’ – has showcased some of his career-best performances, since the beginning of the 2024 season. In January, he delivered Hero MotoSports their first-ever Dakar podium, by finishing 2ndoverall at Dakar 2024 – which was also the first round of the W2RC. A month later, the Botswanan finished 2nd in the Cha...
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Innovation Takes Center Stage at Finals of Youth Ideathon 2024

New Delhi, October 2024. The 4th edition of the ‘Youth Ideathon 2024,’ India’s largest entrepreneurship competition for school students, that brought together over 1.8 lakh young innovators from more than 5,000 schools across India, culminated today at a gala showcase of innovation from the Top 100 teen innovators at IIT Delhi Organised by ThinkStartup and Management Entrepreneurship Professional Skills Council (MEPSC) in association with Central Board for Secondary Education (CBSE) and IIT Delhi, Youth Ideathon is India’s biggest innovation and entrepreneurship competition designed specifically for school students from Classes 4-12. The event was honoured by the presence of Prof. Narayanan D Kurur, Dean (Academics) at IIT Delhi; R K Singh, CGM, SIDBI; Lt. Gen. A K Bhatt (Retd.), DG,...
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Ratan Tata death: From Mukesh Ambani to Harsh Goenka, top businessmen pay tribute to veteran industrialist

Mumbai, October 2024. Tata Group’s chairman, emeritus, Ratan Tata, passed away at a Mumbai hospital on Wednesday, October 9, at the age of 86. The veteran industrialist, who had received Padma Vibhushan passed away at south Mumbai’s Breach Candy Hospital. His death was confirmed by Tata Sons chairman N Chandrasekaran. Ratan Tata's mortal remains were taken to National Centre for Performing Arts (NCPA) Mumbai, at 10:30 am for the public to pay tribute. Mukesh Ambani and Nita Ambani- Mukesh Ambani, Founder Chairperson of Reliance Foundation and his wife Nita Ambani paid their last tributes to the veteran industrialist. Kumar Mangalam Birla : Aditya Birla group chairman Kumar Mangalam Birla was present at NCPA grounds to pay tribute. “As a global corporate luminary, Mr. Ratan T...
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Signature Global Achieves Record INR 59.0 billion Pre-Sales in H1FY25 with 217% YoY Growth

New Delhi, October, 2024. Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India with a well-established brand in Delhi-NCR, has reported its best-ever half-year pre-sales with INR 59.0 billion in H1FY25, reflecting an impressive 217% growth year-on-year. With these pre-sales’ performance, the company has already achieved 59% of its sales guidance of INR 100 billion for FY25. These strong pre-sales performance was driven by the successful launch of a mid-income housing project in Sohna, South Gurugram, and a large group housing project on SPR Road, Gurugram. Despite the “Shradhh” period, Q2FY25 pre-sales amounted to INR 27.8 billion, a 184% increase against the Q2FY 24. The Company’s collections in H1 FY25 grew by 60% to INR 21...
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MediaTek Days on Amazon Highlights Next-Gen Smartphones, Smart Homes, and More

New Delhi, October, 2024. MediaTek, a leading global fabless semiconductor powering more than two billion connected edge devices every year, announced the ‘MediaTek Days’ campaign on Amazon from 10 October to14 October 2024. During the five-day campaign at Amazon, MediaTek will focus on democratizing technology and delivering next-gen technology solutions to the consumer. The campaign aims to build awareness around incredible technologies, products, and solutions powered by MediaTek in the new era of connected devices to help consumers make informed buying decisions. Anuj Sidharth, Director, Marketing & Communications, MediaTek said, “In today's world of connected living, the festive season brings the perfect opportunity to experience the best of the latest technologies. Wit...
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Ratan Tata, ‘titan’ of Indian business, dies at 86

New Delhi, October 10, 2024. Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman N Chandrasekaran confirmed Tata’s death and described him in a statement as his “friend, mentor, and guide”. He did not provide a cause of death. Tata received the Padma Bhushan, one of India’s most distinguished civilian awards, in 2000 and the Padma Vibhushan in 2008.
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RBI asks banks to use info from all relevant sources for risk assessment

Mumbai, October 10, 2024. The Reserve Bank of India on Thursday asked banks, NBFCs, and other entities regulated by it to use information obtained from all relevant internal and external sources for their risk assessment exercise. Reserve Bank's Regulated entities (REs) have to carry out ‘Money Laundering and Terrorist Financing Risk Assessment’ exercise periodically to identify, assess and take effective measures to mitigate their Money Laundering (ML), Terrorist Financing (TF) and Proliferation Financing (PF) risks for clients, countries or geographic areas, products, services, and transactions or delivery channels. In this regard, the central bank has issued 'The Internal Risk Assessment Guidance for Money Laundering/ Terrorist Financing’ for the REs, particularly for the deali...
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