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HERO MOTOCORP MAKES A SPLASH AT EICMA 2023
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HERO MOTOCORP MAKES A SPLASH AT EICMA 2023

Milan, November 08, 2023.“In keeping with our vision “Be the Future of Mobility”,Hero MotoCorp is driven by innovation and extensive research. Brand Hero is trusted by its 112 million customers across the world and is now transforming itself as a technology powerhousethat is ready to serve the evolving global customer.“Through our eco-friendly, sustainable green manufacturing, fuel-efficient ICE products and technologically-advanced electric vehicles, developed at our world-class research and development facilities in India and Germany, we are committed to meeting the current and future mobility needs of customers in diverse geographies around the world.“With this foray into Europe with our Electric Vehicles, I am confident that Hero MotoCorp will soon emerge as a trusted bran...
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Mondelez India Inks Pact with NSDC to bridge the Skill Gap for the youth of India
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Mondelez India Inks Pact with NSDC to bridge the Skill Gap for the youth of India

New Delhi, November 2023.Mondelez India proudly announces its partnership with the National Skill Development Corporation (NSDC) to empower India's youth through skill development, building on its decade-long commitment to community development through the ShubhAaramb program.The company has signed a Memorandum of Understanding (MOU) with NSDC to empower 660 young individuals across six unique job roles in the districts of Bhind (Madhya Pradesh) and Pune (Maharashtra).Commenting on this collaboration, Ophira Bhatia, Senior Director, India & Lead, AMEA, Corporate & Government Affairs at Mondelez International, stated, "We are excited to embark on this transformative journey, enabling young individuals to acquire essential skills and become valuable contributors to our na...
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IBM Expands Relationship with AWS to Deepen Generative AI Innovation and Launch a New Innovation Lab in India
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IBM Expands Relationship with AWS to Deepen Generative AI Innovation and Launch a New Innovation Lab in India

Bangalore, November 07, 2023.IBM (NYSE: IBM) today announced an expansion of its relationship with Amazon Web Services (AWS)to help more mutual clients operationalize and derive value from the latest technologies, including generative artificial intelligence (AI). As part of this, IBM launched the Innovation Lab, in collaboration with AWS, at the IBM Client Experience Center in Bangalore.The lab is a first of its kind for the IBM-AWS collaboration and is open to clients from around the world to explore joint IBM-AWS solutions and test prototypes and proofs of value that aim to help accelerate innovation across industries such as Banking and Financial Services, Automotive, Manufacturing, Energy and Utilities, Travel and Transportation, and Healthcare, among others.The lab is div...
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Launch of Training of Master Trainers & Assessors Program under the PM Vishwakarma Yojana
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Launch of Training of Master Trainers & Assessors Program under the PM Vishwakarma Yojana

New Delhi, November, 2023.–As a strategic step towards implememntation of the PM Vishwakarma scheme, the Ministry of Skill Development & Entrepreneurship (MSDE) today announced the commencement of the Training of Master Trainers & Assessors Program under PM Vishwakarma scheme,to empowerartisans and craftsmen community in identified trades.This five-day residential training program, being held at the National Institute for Entrepreneurship and Small Business Development (NIESBUD) from November 6th to 10th, 2023, is set to train 41 master trainers from 10 different states, including Delhi, Gujarat, Haryana, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh, Uttrakhand, West Bengal, and Chhattisgarh.The first batch of master trainers will cater to the following trades: barb...
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Standard Chartered Bank drives in financing access for Tata Motors’Passenger Electric Vehicle Dealers
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Standard Chartered Bank drives in financing access for Tata Motors’Passenger Electric Vehicle Dealers

Jaipur, November 06, 2023.Standard Chartered Bank, India, today announced that it has partnered with Tata Motors, India’s leading automobile manufacturer, for offering Supply Chain Finance Solutions to their passenger Electric Vehicle (EV) dealers. Currently Standard Chartered Bank offers inventory funding limitsto the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses.The Memorandum of Understanding (MoU) will enable the Bank to extend additional limits to the dealers exclusively for procurement of EVs from Tata Motors, through its subsidiary Tata Passenger Electric Mobility Limited (TPEML).Tata Motors has been dominating the Indian 4-wheeler EVmarket commanding a market share of over 73% andthis funding solution will further augment the com...
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SNAP CELEBRATES AUGMENTED REALITY AT INAUGURAL APAC AR DAY
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SNAP CELEBRATES AUGMENTED REALITY AT INAUGURAL APAC AR DAY

Mumbai, November, 2023.Today Snap Inc. hosted its inaugural APAC AR Day in Mumbai, India, celebrating Snapchat’s leadership in Augmented Reality (AR), its thriving AR creator and developer community, and the company’s ongoing commitment to democratising AR for users and brands.The event saw Evan Spiegel, Snap CEO and Co-Founder, engage in a candid fireside chat with Snap APAC President Ajit Mohan as a part of Spiegel’s three-day trip to India. The discussion centered around the adoption of AR globally by consumers and brands, India's booming creative talent pool, the future of AR, and Snap's innovative approach to this transformative technology.“I love the energy of the young and vibrant Indian developer community. With over 200 million Snapchatters in India, we're seeing more ...
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Costa Coffee launches its Diwali campaign, #CostaWaliDiwali in collaboration with Shivesh Bhatia
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Costa Coffee launches its Diwali campaign, #CostaWaliDiwali in collaboration with Shivesh Bhatia

New Delhi, 06 November, 2023.Costa Coffee, Coca-Cola’s leading coffee brand in the commercial beverage categories in India, is excited to launch the Diwali campaign of this year, #CostaWaliDiwali in collaboration with Shivesh Bhatia, the renowned baker and content creator. Together, they bring forth an unforgettable Diwali-inspired menu for coffee enthusiasts. This collaboration ensures a remarkable experience, seamlessly fusing the traditional Diwali essence with Costa Coffee's modern and innovative spirit.To embrace the vibrant flavours and festive spirit of Diwali, Costa Coffee proudly presents the Blisstachio Rose beverage family. Taking inspiration from traditional Indian mithai, this exceptional collection re imagines these timeless flavours in a contemporary avatar, crafting...
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NSDC INTERNATIONAL AND DP WORLD’S WE ONE SIGN AGREEMENT TO UPSKILL AND ASSIST INOVERSEAS EMPLOYMENT FOR INDIAN YOUTH
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NSDC INTERNATIONAL AND DP WORLD’S WE ONE SIGN AGREEMENT TO UPSKILL AND ASSIST INOVERSEAS EMPLOYMENT FOR INDIAN YOUTH

India, November 2023.NSDC International, an enabler for global skilling solutions and We One, part of DP World, a global leader in providing smart end-to-end logistics solutions,today signed an agreement aimed at supporting the skill development and employment opportunities forthe front-line workforce.The agreement was exchanged between Honourable Union Minister for Education and Skill Development & Entrepreneurship of India,Shri Dharmendra Pradhan, and His Excellency, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World in the august presence of Shri Sunjay  Sudhir, the Honourable Ambassador of India to the UAE and Shri Satish Kumar Sivan, the Honourable Consul General of India to Dubai along with other officials.The signing event comes in continuation of a M...
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Markets continue to rally for 2nd day on positive global trends
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Markets continue to rally for 2nd day on positive global trends

Mumbai, November 03, 2023.Equity benchmark indices Sensex and Nifty ended with gains on Friday in line with positive trends in global markets.Extending its previous day's rally, the 30-share BSE Sensex climbed 282.88 points or 0.44 per cent to settle at 64,363.78. During the day, it jumped 454.29 points or 0.70 per cent to 64,535.19.The Nifty went up by 97.35 points or 0.51 per cent to 19,230.60.
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Air pollution may increase risk of type 2 diabetes
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Air pollution may increase risk of type 2 diabetes

New Delhi, November 03, 2023.Exposure to polluted air is associated with an increased risk of type-2 diabetes, according to a first study of its kind in India published in the BMJ Open Diabetes Research and Care journal.The study conducted in Delhi and Chennai found that inhaling air with high amounts of fine pollution particles (PM2.5) -- 30 times thinner than a strand of hair -- led to high blood sugar levels and increased type-2 diabetes incidence.
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Sony LIV unveils musical thriller series ‘Chamak’, set for December 7 release
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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.
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Celebrate Festive Glamour in Style with Modicare Limited’s Exclusive Festive Range, Urban Color London Gold Collection
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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...
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Tata Motors Consolidated Q 2 FY2 4 Results: Automaker posts Rs 3,764-crore profit
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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...
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TPEM and JLR announce platform-sharing partnership to accelerate development of TPEM’s ‘premium pure electric’ series ‘Avinya’
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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...
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Srinagar Smart City takes the green route with Tata Motors Ultra EV electric buses
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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...
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NSDC partners HCL Tech to transform job markets
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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...
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Kotak Mahindra Bank and Zurich Insurance Group Announce Strategic Alliance
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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...
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India and UAE Education Ministers sign an MoU to strengthen existing educational cooperation facilitating student and faculty mobility
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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...
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New Delhi’s air quality sinks further into very poor category
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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...
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Convocation ceremony conducted for 581 Mahatma Gandhi Fellows across 9 IIMs
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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...
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Shri Dharmendra Pradhan leads the ‘Run for Unity’ on Rastriya Ekta Diwas
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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...
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IDFC First Bank Q2 Results: Net profit jumps 35% YoY to Rs 751 crore
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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...
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Optum partners with NGOs across Delhi NCR as part of G.I.V.E, their annual Geographically Inclusive Volunteer Event
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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 treatmentMaxvision 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) ...
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