Business

13 May

Hindustan Syringes launches Dispojekt Syringes to safeguard nurses on International Nurse Day

Business BureauBusiness

On International Nurse Day, Hindustan Syringes and Medical Devices (HMD) has launched Dispojekt single-use syringes with safety needles, marking a significant advancement in healthcare safety protocols. With over 27 million nurses worldwide comprising almost half of the global health workforce, the introduction of Dispojekt Syringes comes as a timely solution to mitigate the risks associated with needle stick injuries (NSIs). According to the World Health Organization (WHO), an alarming 16 billion injections are administered annually in transitional and developing countries, underscoring the urgent need for enhanced safety measures. Rajiv Nath, Managing Director of HMD, emphasized the pivotal role of Dispojekt…

13 May

Mahindra & Mahindra teams up with MSDE to launch drone Didi Yojana, empowering women in agriculture

Business BureauBusiness

In a strategic move aimed at fostering innovation and gender inclusivity in the agricultural sector, Mahindra & Mahindra Ltd. has entered into a collaborative partnership with the Ministry of Skill Development and Entrepreneurship (MSDE) to initiate two pilots under the esteemed Drone Didi Yojana. This groundbreaking initiative, unveiled earlier this year, aims to equip 15,000 women with the necessary skills to operate drones for a myriad of agricultural tasks, from fertiliser distribution to crop surveillance. Under the aegis of this partnership, MSDE and Mahindra & Mahindra will conduct exclusive training sessions for 500 women at National Skill Training Institutes (NSTIs)…

13 May

Tata Motors reports Consolidated Q4 FY24 Results

Business BureauBusiness

Tata Motors Ltd. (TML) has released its results for the quarter ending March 31, 2024. The company reported a rise in revenue of 120.0K Cr (+13.3%), an increase in EBITDA of 17.9K Cr (+26.6%), a rise in PBT (bei)Rs.9.5K Cr (+4.4K Cr), PAT of 17.5K Cr, and increased Automotive Free Cash Flows 14.1K Cr (+2.8K Cr)vs PY). JLR revenue increased by 10.7% to £7.9b, with EBITDA at 16.3% and EBIT at 9.2%. Tata CV revenue increased by 1.6% to Rs.21.6K Cr, with EBITDA at 12.0% and EBIT at 9.6%, respectively. Tata PV Revenue up 19.3% Rs.14.4K Cr, , EBITDA at…

13 May

Promoters’ pledged stake downfall to 1.1% in March quarter: Report

Priyanka RoyBusiness, Economy

The percentage of promoters' pledged stake declined from 1.17% in the October-December 2023 quarter to 1.1% in the March 2024 quarter, a report by Kotak Institutional Securities said. In the last quarter of FY24, promoters of 73 companies in the BSE-500 index have pledged part of their stake and the value of pledged promoter holdings was Rs 1.96 lakh Crore or about 0.56% of the market capitalization of the total BSE-500 index. The report said that “Our analysis of pledged holdings of BSE-500 shares shows that the value of promoter (majority shareholder) pledged stake as a percentage of promoters holding…

11 May

Safed Detergent’s touching tribute: A mother’s love knows no bounds

Business BureauBusiness

This Mother’s Day, Safed Detergent unveils a campaign that speaks directly to the soul. Titled "Na koi daag, Na koi bhed, ek maa hi to hai, jiska dil hai sabse safed” (No stains, no differences, only a mother whose heart is the purest), Safed Detergent's latest initiative transcends mere advertising to celebrate the universal language of maternal love. The campaign's emotional resonance lies in its portrayal of the untainted purity of a mother's heart. Through tender storytelling, it encapsulates the selflessness and boundless affection that define the maternal bond. Safed Detergent's Director, Ritum Jain, reflects on the campaign's essence, saying,…

11 May

Birla Fertility & IVF announces the acquisition of ARMC IVF Fertility Chain

Business CorrespondentBUSINESS

Birla Fertility & IVF, one of India’s leading IVF networks, a part of the USD 2.9bn C K Birla Group, announced its acquisition of ARMC IVF Fertility Centre, marking the network's entry into South India. Currently, Birla Fertility & IVF operates 30 centres and with this acquisition, it will expand its presence across Kerala, Karnataka, and Tamil Nadu, now operating a total of 37 centres across the country. The acquisition marks Birla Fertility & IVF’s reach as a leading partner, meeting the growing nationwide demand for people looking for a trustworthy and proficient partner to go to for their fertility…

11 May

Galaxy F55 5G: Samsung’s premium offering set to wow tech enthusiasts

Business BureauBusiness

Samsung is gearing up to introduce the Galaxy F55 5G, marking another stride in its quest for innovation. Scheduled for a grand unveiling on May 17, the Galaxy F55 5G promises to redefine smartphone luxury with its premium vegan leather finish and meticulous saddle stitch detailing. The latest addition to Samsung's acclaimed Galaxy F series, the Galaxy F55 5G is poised to captivate tech enthusiasts with its blend of sophistication and cutting-edge features. With a focus on delivering a superior smartphone experience, Samsung has ensured that the Galaxy F55 5G stands out in the crowded market. Available in two striking…

11 May

Tata Motors launches the all-new Ace EV 1000 to bolster its e-cargo mobility solutions

Business BureauBusiness

Tata Motors has taken a bold step towards enhancing electric last-mile mobility with the introduction of its latest offering, the all-new Tata Ace EV 1000. Designed to revolutionize urban cargo transportation, this zero-emission mini-truck boasts a higher rated payload capacity of 1 tonne and an impressive certified range of 161 kilometers on a single charge. This innovative addition to Tata Motors' electric vehicle lineup comes after extensive collaboration with customers, ensuring that the new variant meets the evolving needs of various sectors including FMCG, beverages, paints & lubricants, LPG & dairy. The Ace EV 1000 is poised to transform the…

11 May

IYM introduced exciting new colour shades in FZ-S Fi Version 4.0 DLX

Business BureauBusiness

In a bid to captivate the dynamic tastes of young riders, India Yamaha Motor (IYM) Pvt. Ltd. has unveiled two electrifying new colors for its renowned streetfighter model, the FZS-S Fi Version 4.0 DLX. The introduction of the exhilarating Ice Fluo-Vermillion and lively Cyber Green hues comes as part of the company's commitment to staying in sync with evolving consumer preferences, especially among the youth. Priced attractively at INR 1,29,700/- (Ex-Showroom, New Delhi), these new additions join the existing lineup of the FZ-S Fi Version 4.0 DLX, which now offers a total of six color choices, including the Majesty Red,…

11 May

Fanta launches a new Fnacking campaign featuring Kartik Aaryan

Business BureauBusiness

Coca-Cola India's Fanta brand has launched a new campaign featuring Kartik Aryan, showcasing the joy of Fnacking with Fanta Orange and their favorite snacks. The campaign encourages consumers to enjoy the multi-sensorial and indulgent taste of Fanta. India’s snacking landscape is exploding with experimentation from unusual snack combinations to testing viral food hacks, experimentation snacks to snack review. Amidst this, Fanta acts a perfect enabler to enhance the taste of these sumptuous delights. Grab a FANTA & a Snack and Get FNACKING! Kartik Aaryan showcases the playful side of 'Fnacking,' a new term for snacking with delicious Fanta in the…