National News

3Nov By editor3No Comments

Entertainment News, Feature, National News

Sony LIV unveils musical thriller series ‘Chamak’, set for December 7 release

Mumbai, November 03, 2023. Streaming service Sony LIV on Friday announced its new series "Chamak", a musical thriller that takes a deep dive into the underbelly of the Punjab music industry. The show comes from creator-director Rohit Jugraj Chauhan, known for Punjabi films such as "Sardaarji" series and Diljit Dosanjh-Kriti Sanon-starrer "Arjun Patiala", and will start streaming on the platform from December 07. The story follows Kaala (Paramvir Singh Cheema), a young aspiring rapper who comes back to Punjab from Canada and unravels the death of Taara Singh - the legendary singer who was shot dead in the midst of a packed performance.

Read More

3Nov By editor3No Comments

Business News, Fashion & Lifestyle, Feature, National News

Celebrate Festive Glamour in Style with Modicare Limited’s Exclusive Festive Range, Urban Color London Gold Collection

New Delhi, November 03, 2023. Amidst the joyous festivities echoing across India, Modicare Limited; one of India’s leading direct-selling companies is delighted to unveil its limited-edition Urban Color London Gold Collection. Offering a range of vibrant and colorful cosmetics, this collection provides the perfect opportunity to radiate with brilliance and make this festive season truly unforgettable. The Gold Collection, launched under Modicare’s color cosmetics brand Urban Color London reflects the individuality of today's woman – strong, independent, intelligent, creative, and vivacious. Each product within the Gold Collection, from the striking Black Loyalty Kajal to the array of 6 vivid Creme Lipcolors and 6 dazzling Matte Lipcolors, has been carefully crafted to encapsulat...

Read More

3Nov By editor3No Comments

Automobile News, Business News, Feature, National News

Tata Motors Consolidated Q 2 FY2 4 Results: Automaker posts Rs 3,764-crore profit

New Delhi, November 2023. Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2023.   Consolidated(₹ Cr Ind AS)Jaguar Land Rover(£m, IFRS)Tata Commercial Vehicles(₹Cr, Ind AS)Tata Passenger Vehicles(₹ Cr, Ind AS)FY24Vs. PYFY24Vs. PYFY24Vs. PYFY24Vs. PYQ2 FY24Revenue105,12832.1 %6,85730.4 %20,08722.3%   12,174(3.0)%   EBITDA (%)13.7400 bps14.9430 bps10.4540 bps6.5110 bpsEBIT (%)7.5510 bps7.3630 bps7.9 560 bps1.8140 bpsPBT (bei)6,110₹7,883 crs442£615m1,526₹1,234 crs296₹129 crsH1 FY24Revenue207,36436.8 %13,76042.4 %37,07813.4%   25,0133.8%   EBITDA (%)14.0540 bps15.6680 bps10.0480 bps5.910 bpsEBIT (%)7.8680 bps8.0950 bps7.2460 bps1.480 bpsPBT (bei)11,439₹18,175 crs877£1,574m2,462₹1,869 c...

Read More

3Nov By editor3No Comments

Automobile News, Business News, Feature, National News

TPEM and JLR announce platform-sharing partnership to accelerate development of TPEM’s ‘premium pure electric’ series ‘Avinya’

Mumbai, November 2023. Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover Plc (JLR), both 100% subsidiaries of Tata Motors Limited (TML),have enteredinto a Memorandum of Understanding (MoU) for the licensing of JLR’s Electrified Modular Architecture (EMA) platform for a royalty fee (including electrical architecture, electric drive unit, battery pack and manufacturing know-hows) for the development of TPEM’s ‘premium pure electric’ vehicles series ‘Avinya’ on the EMA platform.TPEM and JLR will also enter into an Engineering Services Agreement (ESA)to support TPEM’s change content requirements for the first vehicle development. JLR’s EMA platform will underpin JLR’s next generation of ‘pure electric’ mid-sized SUVs for international markets,to be launched from 2025 onwa...

Read More

3Nov By editor3No Comments

Automobile News, Business News, Feature, National News

Srinagar Smart City takes the green route with Tata Motors Ultra EV electric buses

Srinagar,  November 2023. Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has supplied the first batch of state-of-the art Ultra EV air-conditioned electric buses to Srinagar Smart City Limited, via TML Smart City Mobility Solutions (J&K) Pvt Ltd, a Tata Motors Group company. The delivery of the electric buses is a part of its larger order to supply, maintain and operate 100 electric buses in Srinagar and 100 electric buses in Jammu, for a period 12-years for Jammu and Srinagar Smart City projects. The collaboration is a part of an initiative of Housing and Urban Development Department, Government of Jammu & Kashmir to establish an environmentally and financially sustainable network of public transport for Srinagar. The zero-emission bus...

Read More

2Nov By editor3No Comments

Feature, National News

NSDC partners HCL Tech to transform job markets

New Delhi, November 02, 2023. Aligned with the vision of the Hon’ble Prime Minister, Shri Narendra Modi, to empower India’s youth through digital technology and Artificial Intelligence (AI), the National Skill Development Corporation (NSDC) has entered into a partnership with HCLTechto bridge the skills gap, particularly in the tech and engineering sectors. Under this collaboration, both the organizations will work together to promote the adoption of technology among learners from diverse backgrounds and explore new global markets and business opportunities. The agreement was exchanged by Ved Mani Tiwari, CEO, NSDC and C Vijayakumar, CEO & Managing Director, HCLTech. This partnership comes shortly after the recent G20's Digital Economy Working Group (DEWG) meeting, which achieved...

Read More

2Nov By editor3No Comments

Business News, Feature, National News

Kotak Mahindra Bank and Zurich Insurance Group Announce Strategic Alliance

Mumbai, November 02, 2023.  Kotak Mahindra Bank Limited (“Bank”), Kotak Mahindra General Insurance Company Limited (“Kotak General Insurance”) and Zurich Insurance Company Limited (“Zurich”) have entered into definitive agreements for a transaction wherebyZurich will invest(approximately)Rs 4,051croreto acquire a51% stake in Kotak General Insurancethrough a combination of fresh growth capital and share purchase. Further, Zurich will acquire an additional stake of 19% within a period of three years from its initial acquisition (“Transaction”). Zurich’s investment represents the single largest investment by a global strategic insurer in an Indian non-life insurer. Dipak Gupta, MD & CEO, Kotak Mahindra Bank Limited said, “The alliance brings together two trusted and respected b...

Read More

2Nov By editor3No Comments

Feature, National News

India and UAE Education Ministers sign an MoU to strengthen existing educational cooperation facilitating student and faculty mobility

New Delhi, November 2023. Union Education and Skill Development & Entrepreneurship Minister Shri Dharmendra Pradhan met Minister of Education UAE, H.E. Dr. Ahmad Al Falasiin Abu Dhabi. The Ministers signed an MoU to strengthen existing educational cooperation facilitating student and faculty mobility and various otherinitiatives. The Minister also visited 42 Abu Dhabi, a School for Disruptive Learning.The Minister is on a 3-day visit to UAE. The visit will be fostering collaboration, participation and synergy in critical areas of mutual interest in the education and the skill domain. During his meeting with his UAE counterpart, Shri Pradhan said that UAE being a Global Economic hotspot and India being a Global Talent hotspot, both sides should work together to build a knowledge b...

Read More

1Nov By editor3No Comments

Feature, National News

New Delhi’s air quality sinks further into very poor category

New Delhi, November 01, 2023. A layer of haze hung over Delhi and its surrounding areas on Wednesday, with the capital's air quality slipping deeper into the 'very poor' category primarily due to a dip in temperature and calm winds during the night. The city's Air Quality Index (AQI) was recorded at 372 at 10 am, the highest so far this season. The 24-hour average AQI was 359 on Tuesday, 347 on Monday, 325 on Sunday, 304 on Saturday and 261 on Friday. Several areas within the city such as Nehru Nagar (402), Sonia Vihar (412), Rohini (403), Wazirpur (422), Bawana (403), Mundka (407), Anand Vihar (422), and New Moti Bagh (435), experienced a drastic deterioration in air quality, plunging into the 'severe' category. The concentration of PM2.5 -- fine particulate matter which can pene...

Read More

1Nov By editor3No Comments

Feature, National News

Convocation ceremony conducted for 581 Mahatma Gandhi Fellows across 9 IIMs

New Delhi, November 2023.  Addressing the Mahatma Gandhi National Fellows across nine IIMs on their convocation day celebrations, the Hon’ble Union Minister for Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, today announced that credits will be granted to the 581 fellows based on their two years of their learnings at IIMs including district immersion. Their certificates in Public Policy and Management will be officially recorded in their Academic Bank of Credit. This marks a pioneering step in the implementation of National Credit Framework as envisioned under the National Education Policy (NEP) 2020. The Hon’ble Minister virtually addressed the convocation ceremony of our Mahatma Gandhi National Fellows Program, a collaborative initiative of the Min...

Read More

31Oct By editor3No Comments

Feature, National News, Sports News

Shri Dharmendra Pradhan leads the ‘Run for Unity’ on Rastriya Ekta Diwas

Cuttack, October 31st, 2023. Union Minister of Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhanlead the‘Run for Unity’ from the statue of Netaji Subhash Chandra Bose today at College Square, Cuttack, Odishaon the occasion of the 148thbirth anniversary of former Deputy Prime Minister of India, Sardar Vallabhbhai Patel. Around 4000 peopleparticipated with zeal and enthusiasmin the 2 kilometer long run at 6:45amtoday to honor his visionary leadership. Under the guidance of Hon’ble Prime Minister Shri Narendra Modi, Run for Unity was being conducted in diverse cities. The run aims to instill a feeling of pride and respect among the youth belonging to diverse religious and cultural backgrounds for becoming a part of the nation building initiative. His rem...

Read More

31Oct By editor3No Comments

Business News, Feature, National News

IDFC First Bank Q2 Results: Net profit jumps 35% YoY to Rs 751 crore

Jaipur, October 2023. IDFC First Bank reported a net profit of Rs 751 crore for the quarter ended September 30 which was up 35% year-on-year versus Rs 556 crore reported by the company in the corresponding quarter of the previous financial year. The standalone core operating profit grew 38% YOY from Rs 1,052 crore in Q2FY23 to Rs 1,456 crore for Q2FY24. The net interest income (NII) grew 32% YoY from Rs 3,002 crore in Q2FY23 to Rs 3,950 crore in Q2FY24. The net interest margin was 6.32% in Q2FY24 as compared to 5.83% in Q2FY23 and 6.33% in Q1FY24. The fee and other income grew by 46% YoY from Rs 945 crore in Q2FY23 to Rs 1,376 crore in Q2FY24. The retail fees constitute 93% of the overall fees for the quarter Q2FY24. The consolidated net profit was up over 2% quarter on quar...

Read More

30Oct By editor3No Comments

Feature, National News

Optum partners with NGOs across Delhi NCR as part of G.I.V.E, their annual Geographically Inclusive Volunteer Event

New Delhi, October, 2023. Optum team members volunteered at multiple NGOs across Delhi NCR to connect with local communities and to help make a positive difference. This was part of the annual Geographically Inclusive Volunteer Event (G.I.V.E.) at Optum, taking place between October 3-15, 2023. Optum is a leading health solution and care delivery organization, part of UnitedHealth Group (UHG), a Fortune 5 company. The volunteers from Optum partnered with NGOs including, CanSupport, to engage with and bring smiles to the faces of patients receiving palliative care for cancer treatment Maxvision Social Welfare Society, to interact with the children, women and the elderly and to engage them with performative arts. Saint Hardyal Educational and Orphans Welfare Society (SHEOWS) ...

Read More

30Oct By editor3No Comments

Entertainment News, National News

Celebrating a Saga of Acting Prowess and Beauty

Mumbai, October 2023. In a uniquely curated film memorabilia auction, DeRivaz&Ives is coming up with a tribute to the ‘Feminine Icons’ of Indian cinema that will give an opportunity to cinephiles in acquiring vintage memorabilia of their favourite actresses. The auction celebrates iconic actresses down the years – from Madhubala to Madhuri – and including Fearless Nadia, Jayashree, Devika Rani, Noor Jahan, Suraiya, Nargis, Geeta Bali, Bina Rai, Madhabi Mukherjee, Mala Sinha, Suchitra Sen, Shashikala, Sharmila Tagore, Meena Kumari, Hema Malini, Zeenat Aman, Rekha, Jaya Bhaduri and Sridevi to name a few.  Titled Feminine Icons of Indian Cinema and scheduled from 23rd to 25th November, the lots to go under the hammer include iconic film posters, lobby cards, photographs and ...

Read More

30Oct By editor3No Comments

Feature, National News

8 dead, 32 injured as 2 passenger trains collide in Andhra Pradesh

New Delhi, October 30, 2023. 08 people were killed and 32 injured after two trains collided on the Howrah-Chennai line in Vizianagaram district of Andhra Pradesh on Sunday evening, police said. A senior official of the East Coast Railway (ECR) said the Palasa passenger train hit the Rayagada passenger train from behind at Kankatapalli, causing three coaches to derail. According to the information provided by Vizianagaram Collector S Nagalakshmi, 32 people were injured.

Read More

29Oct By editor3No Comments

Feature, National News

MSDE organizes a day-long workshop on Implementation of Skilling component under PM Vishwakarma Scheme

New Delhi, October 2023. In line with the government’s commitment to enhance the livelihoods of traditional artisans and craftsmen by equipping them with skill training in modern tools pertinent to their specific trades, the Ministry of Skill Development and Entrepreneurship (MSDE) organized a day long workshop focused on implementing the skill development component under the PM Vishwakarma Scheme. The workshop focuses on the multidisciplinary approach to streamline and expedite the identification and onboarding of training institutions to impart skilling component under PM Vishwakarma Scheme. Further, the emphasis would be to engage experienced and respected artisans from SAMAJ to become master trainers and trainers as per Guru-Shishya Parampara for imparting training. Senior Off...

Read More

27Oct By editor3No Comments

Business News, Feature, National News

Telecom Industry Talent demand-supply gap to jump to 3.8 times by 2030, says TSSC – Draup Report

New Delhi, October 2023. The Telecom Sector Skill Council (TSSC), India's premier skill development institution for the telecom sector today launched the report “Telecom Talent in 5G Era: Demand Supply Skill Gap Report 2023-24”,in association with Draup, charting out the job opportunities in the Indian telecom sector, the demand supply gap, convergence of telecom with the technology sector, and the potential of talent in India across various job roles.The report was launched at the panel ‘Unlocking the power of Telecom: Skilling for a Connected World’ at India Mobile Congress with Industry leaders like Atul Kumar Tiwari, MSDE; Dr. Nirmaljeet Singh Kalsi, NCVET; Pankaj Mohindroo, ICEA; Priyanka Anand, Ericsson;Carsten S. Schröder, DADB and Arvind Bali, CEO, Telecom Sector Skill Council.T...

Read More

27Oct By editor3No Comments

Business News, Feature, National News

OPTIEMUS INFRACOM ANNOUNCES ITS FORAY INTO DRONE  MANUFACTURING FOR INDIA AND GLOBAL MARKETS

New Delhi, October 27th, 2023. Optiemus Infracom Limited (OIL), one of India’s leading electronics and telecommunications manufacturing companies, announced its foray into Unmanned Systems with the launch of technologically-sophisticated, high-precision drones that have been designed and manufactured in India. The diverse range of drones have been showcased at the India Mobile Congress 2023. The products showcased by Optiemus Infracom carry cutting-edge technology, including advanced sensors, secure communication systems, and stringent safety protocols. Optiemus Infracom will be investing ₹250 Million in Optiemus Unmanned Systems (OUS) – a new division of the company. The company ...

Read More

26Oct By editor3No Comments

Business News, Feature, National News

Reserve Bank of India grants in-principle authorisation to ‘Zaakpay’ to act as online payment aggregator

Gurugram, October 26, 2023. Zaakpay, a reliable and secure payment gateway arm of MobiKwik, has received in-principle authorisation from the Reserve Bank of India (RBI)to operate as a payment aggregator. RBI’s in-principle authorisation will enable Zaakpay to onboard new merchants onto its platformfor quick and easy processing of online payments. Zaakpay operates and works with leading brands across sectors such ase-commerce, mobility,bill Payments and more. Zaakpay is a trusted payment gateway partner for multiple merchants and offers 100+ different payment methods across UPI, Debit andCredit cards, Net Banking, and mobile wallets options. Zaakpay offers multiple levels of encryption, system-level firewalls and aims to abide by all PAPG compliancessuch as PCI DSS, PA DSS, Tokenis...

Read More

26Oct By editor3No Comments

Feature, National News

Over 60 lakh lives positively impacted by Tata Motors’ CSR initiatives in the past decade

Mumbai, October, 2023. Tata Motors, India's leading automobile company, today released its 9th Annual CSR Report, highlighting its extensive efforts towards addressing some of India’s most critical and social challenges across the domains of Health (Aarogya), Education (Vidyadhanam), Employability (Kaushalya) and Environment (Vasundhara). Collectively, these efforts have benefitted more than 60 lakh lives over the past 10 years, with a significant percentage of beneficiaries belonging to the marginalised communities. In 2014, Tata Motors designed and adopted a comprehensive 4-pillar approach to harmonise its CSR initiatives across the country. Capabilities, experience and expertise acquired by individual units and teams in each identified fields led to the creation and execution of f...

Read More

26Oct By editor3No Comments

Business News, Feature, National News

Kotak Mahindra Bank partners with National E-Governance Services Limited to issue electronic Bank Guarantee

Mumbai, October 2023. Kotak Mahindra Bank Limited (KMBL/Kotak) today announced that it has partnered with National E-Governance Services Limited (NeSL) to issue its first electronic Bank Guarantee (e-BG) on the latter’s platform. The tie-up enables the digitisation of Trade, thus helping eliminate paper-based issuance of Bank Guarantees. The digitisation includes issuance, amendment, closure, digital stamping and signing, significantly reducing the Guarantee turnaround time (TAT) to a few hours compared to 2-3 working days for the paper-based process. The e-BG also mitigates the authentication risks. Paritosh Kashyap, President & Head Wholesale Banking, Kotak Mahindra Bank said, “Kotak Mahindra Bank has been at the forefront of providing our customers convenience and ease of b...

Read More

26Oct By editor3No Comments

Business News, Feature, National News

Tech Mahindra Q2’24 Revenue Rs 12,864 crores

Mumbai, October 26 2023. Tech Mahindra Ltd., a specialist in digital transformation, consulting and business re-engineering services today announced the audited consolidated financial results for its quarterended September 30th, 2023. Financial highlights for the quarter (USD)Financial highlights for the quarter (₹)₹ 12,864 crores; down 2.2% QoQ, down 2.0% YoY₹ 1,072 crores; down 19.9% QoQ, down 46.0% YoY₹ 494 crores; down 28.7% QoQ, down 61.6% YoYOther Highlights                                                            CP ...

Read More

25Oct By editor3No Comments

Feature, National News

NSDC onboards upGrad as its Digital Learning Partner to support the Skill India initiative

New Delhi, October 2023. The National Skill Development Corporation (NSDC) has solidified a significant partnership with upGrad, Asia's largest learning, skilling, and workforce development company. Together, they have signed a Memorandum of Understanding (MoU) to deliver high-quality higher education and skilling programs to India Youth, aiming to boost the country's skill-ability. This collaboration is poised to transform the educational landscape, fostering skill enhancement. Additionally, it will open doors for a broader range of aspirants from non-metro areas and regional pockets, encouraging them to pursue study abroad programs, and ultimately positioning India as a talent hotspot on the global stage. The MoU was formally exchanged last Friday at NSDC office, New Delhibetwee...

Read More