Business

29 Apr

Samsung slashes Galaxy S23 price, unleashes Galaxy AI features in bold move

Business BureauBusiness

Samsung, India's largest consumer electronics brand, has announced an exciting offer on the Galaxy S23. Galaxy S23, originally priced starting INR 64999,will be available at an a never-seen before price of INR 44999 during Flipkart’s Big Saving Days sale. The Galaxy S23 is now available with a bank cashback of INR 2000, making it the best ever offer. The Galaxy S23 boasts a 50MP primary camera, 12MP ultra-wide camera, and 10MP telephoto camera with OIS & 3X optical zoom, along with a 12MP front-facing camera with Super HDR technology for cinematic night photography. It features the Snapdragon® 8 Gen 2…

29 Apr

Tata Motors revolutionizes North East logistics with state-of-the-art spare parts warehouse in Guwahati

Business BureauBusiness

Tata Motors has launched a groundbreaking addition to its infrastructure – a cutting-edge spare parts warehouse in Guwahati, marking a significant leap forward in logistics efficiency and customer service in the North East.Covering an expansive area of 1 lakh square feet, this digitalized facility stands as a pioneering endeavor, housing a comprehensive inventory of Tata Genuine spare parts catering to the entire commercial vehicle spectrum. With this strategic move, Tata Motors aims to streamline its supply chain, ensuring swift access to critical components and minimizing downtime for vehicle owners across the region. Equipped with top-tier infrastructure and advanced safety protocols,…

29 Apr

Tata Motors allies with South Indian Bank for commercial vehicle finance

Priyanka RoyBusiness

Tata Motors on Monday said it has tied up with South Indian Bank to provide financing solutions to its commercial vehicle customers and dealerships. As part of the memorandum of understanding, South Indian Bank will offer financing solutions across the auto major's entire commercial vehicle portfolio, Tata Motors said in a statement. “For our customers, easy entry to financing solutions for their commercial vehicles is one of the key priorities of their operations. Our association aims to empower convoy owners and dealerships to complete their business goals,” said Rajesh Kaul, Tata Motors Commercial Vehicles Vice President and Business Head Trucks. Tata…

29 Apr

Toyota Kirloskar Motor announces ‘T GLOSS’, redefines car detailing in India

Business BureauBusiness

In line with its ‘customer-first’ philosophy, Toyota Kirloskar Motor Pvt. Ltd. (TKM) announced the launch of its revolutionary car care brand, “TGLOSS”, marking the brand's foray into the world of car detailing. In response to the rapidly increasing demand for high quality and reliable car detailing services among customers in India, TKM is set to redefine the car care industry with its comprehensive range of solutions tailored specifically for Toyota vehicles. Starting May 1, 2024, Toyota dealerships in India will offer "TGLOSS" treatments, a unique car care solution. These treatments, including ceramic coating, underbody coating, silencer coating, and internal panel…

28 Apr

‘Baseless, untrue’, MDH rejects claims of cancer-causing pesticide in its spices

Business CorrespondentBUSINESS

In a response to the allegations made against the spices of MDH, it said its products doesn't contain ethylene oxide or any other harmful products as well as the company has not got any communication from regulators and authorities in Hong Kong or Singapore about alleged contamination in its products. Hong Kong earlier this month banned the selling of 3 MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix as well, saying the spices contains high levels of ethylene oxide, which is harmful for human consumption and a cancer…

28 Apr

Yes Bank net profit rises 123% quarter-on-quarter to Rs 452 crore in Q4

Priyanka RoyBusiness

Yes Bank Q4 Results Highlights: Indian private lender Yes Bank reported a significant 123% year-on-year growth in net profit for the fourth quarter (Q4) of FY24,increased to ₹452 crore from ₹202.4 crore in the same quarter last year, well above analysts' expectations. Sequentially, profits increased 95.2% from the previous quarter, according to the earnings report dated April 27, 2024. Net interest margin (NIM) remained stable at 2.4% for Q4FY24, in line with the previous quarter. The bank experienced strong growth in non-interest income, With a growth of 56.3% year-on-year and 31.3% quarter-on-quarter growth in Q4FY24, Resulting in 38.8% year-on-year growth for FY24. CEO…

27 Apr

Nestlé India and Dr. Reddy’s Laboratories Ltd. to form a partnership to introduce innovative nutraceutical brands to consumers in India

Business BureauBusiness

Nestlé India Limited and Dr. Reddy's Laboratories Ltd have formed a joint venture to bring innovative nutraceutical brands to consumers in India and other territories. The partnership will combine Nestlé Health Science's global range of nutritional health solutions, vitamin, minerals, herbals, and supplements with Dr. Reddy's' established commercial strengths in India. The joint venture will help JV Partners grow their complementary nutraceutical portfolios in categories such as metabolic, hospital nutrition, general wellness, women's health, and child nutrition for consumers across India. This partnership is a significant step towards enhancing consumer value through powerful brands and products, as it will enable…

27 Apr

Ramveer Tanwar partners with Coca-Cola for pond restoration in Gurugram

Business BureauBusiness

‘The Pondman of India’ teamed up with the Coca-Cola India employees and local volunteers to desilt a pond in Shikohpur, Gurgaon, Haryana. They also planted saplings to enhance the surroundings. This joint effort in partnership with PHD Rural Development Foundation aims to benefit the socio-economic ecosystem setting a refreshing example of community-led environmental stewardship.

27 Apr

Skill India Digital Hub Empowers Youth with Digital Skills

Business BureauBusiness

India stands at the forefront of a global skills revolution. The International Labour Organization (ILO) convened the Global Skills Forum, spotlighting India's innovative strides in skill development. Central to this discussion was the pivotal role played by the Skill India Digital Hub (SIDH), an initiative by the Ministry of Skill Development and Entrepreneurship (MSDE), in reshaping the nation's skill ecosystem. During the forum's panel discussion on "Human-Centered Digital Transformation of Skills Development," Ms. Shreshtha Gupta, Executive Vice President of the National Skill Development Corporation (NSDC), hailed SIDH as a game-changer. Gupta emphasized SIDH's role as a comprehensive digital platform, revolutionizing…

27 Apr

Nestlé India brews excitement with NESPRESSO launch, promises premium coffee experience

Business BureauBusiness

Nestlé India has announced its plans to introduce the highly anticipated NESPRESSO, the renowned pioneer in premium coffee, to the Indian market by the end of 2024. The launch will mark the availability of NESPRESSO's exclusive coffees and machines, catering to both domestic and professional consumers with its original and professional systems. The inaugural NESPRESSO boutique is slated to open its doors in Delhi, with subsequent expansions into other major cities across the country. In addition to physical outlets, NESPRESSO products will be made accessible online through various e-commerce platforms, widening its reach to coffee enthusiasts nationwide.Suresh Narayanan, Chairman and…