Business

The RBI said the bank has been found lacking in its IT risk and information security governance for the years 2022 and 2023.The Reserve Bank of India (RBI) on Wednesday (April 24) directed Kotak Mahindra Bank to stop adding new customers through its online and mobile banking channels, and Also, issuance of new credit cards was banned with immediate effect.The RBI said the bank has been found lacking in its IT risk and information security governance for the years 2022 and 2023.

Nestlé India is implementing the 'Biodigester Project' to reduce emissions from dairy farms by converting cattle manure into clean biogas, demonstrating its commitment to responsible sourcing. The remaining slurry is utilized as natural fertilizer, contributing to regenerative agriculture practices. As a part of this initiative, Nestlé India is in the process of installing almost 70 large biodigesters and more than 3,000 small biodigesters in24 districts across Punjab and Haryana. Small dairy farms in India are using biodigesters to produce biogas, a renewable energy source, and reduce GHG emissions. The manure is broken down by microbial breakdown, generating biogas that can…

Tata Motors is celebrating a significant milestone with 4 lakh delighted customers of its popular Tata Magic van. In conjunction with this achievement, the company has unveiled the innovative Magic Bi-Fuel variant, setting new standards in last-mile transportation. Renowned for its reliability, efficiency, and affordability, the Tata Magic has become the preferred choice for commuters and operators alike. Its sleek design, safety features, and passenger comfort have contributed to its enduring success in the market. The newly introduced Magic Bi-Fuel variant is designed to enhance convenience for customers, offering the dual benefits of CNG and petrol. Powered by a 694cc…

Toyota Kirloskar Motor (TKM) has launched the LEADER EDITION of the Toyota Fortuner in India, enhancing its renowned features with a distinctive design and numerous add-on features, marking a significant milestone in the SUV's success. Toyota has launched the Fortuner LEADER EDITION, aiming to build "Ever-Better Cars" by offering a bold and sporty design, aiming to meet the unique needs of customers. Fortuner continues to be the leader in mid SUV segment since its launch in 2009, with over 251,000 units sold till date. The 2.8 L Diesel Engine with 6-Speed Automatic and 6-Speed Manual Transmission is available in Super…

Venturing into uncharted territory, the National Stock Exchange of India (NSE) is set to revolutionize the derivatives landscape with the introduction of derivatives linked to the Nifty Next 50 index (NIFTYNXT50), slated to debut on April 24, 2024. This bold move comes hot on the heels of regulatory approval from the Securities and Exchange Board of India (SEBI), heralding a new era of investment opportunities for market participants. The NIFTYNXT50 derivatives will offer investors a diverse array of options, including three serial monthly index futures and index options contract cycles, all settled in cash and scheduled for expiration on the…

Samsung announces a new era of AI TVs with the launch of its ultra-premium Neo QLED 8K, Neo QLED 4K and OLED TVs at the ‘Unbox & Discover’ event at Samsung Opera House in Bengaluru. The 2024 line-up of Neo QLED 8K, Neo QLED 4K and OLED TVs elevate your home entertainment experience with powerful, AI-driven solutions. Samsung's Neo QLED 8K TV is equipped with the advanced NQ8 AI Gen3 processor, a significant advancement in AI TV technology, enhancing clarity, sound, and smart experiences. The NQ8 AI Gen3 processor boasts a faster Neural Processing Unit (NPU) and an eight-fold increase…

India Yamaha Motor (IYM) Pvt. Ltd., in alignment with ‘The Call of the Blue’ brand campaign, has today launched the AEROX 155 Version Sembodying the spirit of performance, style, and innovation. The latest version of the Maxi-Sports Scooter comes with the advanced Smart Key technology aimed at enhancing convenience and security for riders manoeuvring through urban settings. The AEROX 155 Version S scooter features a Smart Key that enhances urban mobility by enabling easy identification in crowded areas. Its answer-back capability activates flashing blinkers and buzzer sounds for easy identification. The keyless ignition simplifies the startup process, eliminating the need…

Samsung has launched a new storage variant for the Galaxy F15 5G, offering 8GB+128GB, priced at INR 15999. Galaxy F15 5G stands out with a segment-best 6000mAh battery, sAMOLED display, and four generations of Android upgrades, and five years of security updates ensuring users can enjoy the latest features and enhanced security for years to come. The Galaxy F15 5G is a premium smartphone with a 6.5" sAMOLED display, offering an immersive viewing experience. Available in 4GB+128GB and 6GB+128GB storage, it comes in three colors and features Galaxy's signature design philosophy for a premium feel. The Galaxy F15 5G features…

Aashirvaad Atta, India's No.1 packaged atta brand and a trusted household name, continued its tradition of celebrating the vibrant spirit of Rongali Bihu in Assam. The 4-day event witnessed an overwhelming response from over 9000 participants, creating the record of Longest Relay Bihu Dance acknowledged by India Book of Records. https://videopress.com/v/WAZT2sn0?resizeToParent=true&cover=true&preloadContent=metadata&useAverageColor=true The Aashirvaad ShudhChakki Atta pandal at Latasil Ground showcased Assam's tapestry, featuring iconic symbols like Japi, Dhol, and Gamosa, while the reverberating Dhol beats captivated participants and spectators. The brand added a modern twist to the traditional celebrations by giving away participants their AI-generated Bihu avatars,personalized memorabilia relevant to…