Business

05 Apr

Toyota Kirloskar Motor’s all-new URBAN CRUISER TAISOR, drives social impact and inspiring human stories

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has set the stage for a new era in the automotive industry with the launch of the highly anticipated All-New Toyota URBAN CRUISER TAISOR. This dynamic addition to TKM's lineup represents a significant leap forward in terms of style, performance, and innovation. Inspired by Toyota's rich SUV heritage, the URBAN CRUISER TAISOR boasts striking exteriors and advanced features designed to captivate style-conscious consumers. With powertrain options including the 1.0L Turbo, 1.2L Petrol, and E-CNG variants, this SUV offers exceptional performance and unmatched fuel efficiency. But it's not just about the vehicle itself; it's about the impact…

04 Apr

Britannia NutriChoice launches NutriPlus App to revolutionize health monitoring

Business BureauBusiness

Britannia NutriChoice has launched the NutriPlus app in collaboration with Aktivo Labs, setting a new standard in health monitoring technology. Harnessing the power of innovation, this app is poised to transform the way individuals track and manage their well-being. At the core of the NutriPlus app lies its groundbreaking technology, which seamlessly integrates various health parameters to provide users with a comprehensive NutriScore. This single metric offers insights into exercise duration, sleep quality, and nutritional intake, empowering users to make informed decisions about their health.Prof. Richard Siow, Director of Ageing Research at King’s College London, UK, commented, “The collaboration between…

04 Apr

“Swiggy’s ‘She The Change’ initiative empowers women entrepreneurs: Dibrugarh’s Taneeshree Dutta honored by Finance Minister

Business BureauBusiness

Swiggy, the leading food delivery platform, has launched its pioneering "She The Change" initiative, dedicated to spotlighting and empowering women entrepreneurs in India's burgeoning food and beverage industry. At the initiative's launch event, held recently, Taneeshree Dutta, the proud owner of Atelier Patisserie in Dibrugarh, Assam, received esteemed recognition from Smt. Nirmala Sitharaman, the Hon’ble Minister of Finance and Corporate Affairs. With a focus on celebrating the remarkable contributions of women entrepreneurs like Dutta, Swiggy's initiative aims to showcase the transformative potential of women-led ventures. Currently, Swiggy hosts over 50,000 women-run restaurants on its platform, reflecting the growing presence and…

03 Apr

Numaligarh refinery in the northeastern state of Assam by December 2025

editorBusiness

Oil India, has recently unveiled its plans to increase refining capacity and bolstering production capabilities, including the launch of its Numaligarh refinery in the northeastern state of Assam by December 2025. Chairman Ranjit Rath announced that the company is also aiming to meet the remaining crude requirement through local production, showcasing its dedication to supporting domestic resources. Additionally, the company Oil India has reported reaching a record 6.5 million ton oil equivalent (mtoe) an increase from 6.36 mtoe during fiscal year, 2023.

02 Apr

India predicts searing heat in threat to lives, power supply

Business CorrespondentBUSINESS

India forecast hotter-than-usual temperatures over the coming months, increasing the grave concern over the risk of water shortages, crop damages as well as rise in coal use to curtail power blackouts in the planet's most populous nation. The forecasting results comes at a time when the country is preparing for general elections between mid-April and early June - a period when the mercury often crosses 45C (113F). There could be a increased threat to human lives as heat strokes, which kill dozens of people every year in the South Asian nation, could hit participants at political rallies. Climate change is…

31 Mar

RBI Mulls To Set Up Digital India Trust Agency To Check Illegal Lending Apps

Business CorrespondentBUSINESS

As part of its efforts to curb increasing cyber fraud, the Reserve Bank of India(RBI) is considering establishing a Digital India Trust Agency (DIGITA) to control the growing of illegal lending apps. The proposed agency will enable verification of digital lending apps and keep a record of public register of verified apps, sources said. Apps not carrying the 'verified' signature of DIGITA will be considered unauthorised for the purpose of law enforcement, sources said, adding that this will serve as a important checkpoint in the fight against cyber crimes in the digital realm. DIGITA, once established, would be entrusted with…

30 Mar

High Interest Rates Encourage Strategic Investments in Pension Products

Business BureauBusiness

Several market experts are of the view that interest rates in India will decline over the next few months from the current levels of approx. 7% giving customers an opportunity to now lock-in their investment in an annuity product at the current interest rate. Pension or annuity products offered by life insurance companies provide guaranteed, regular lifelong income. These products are locked-in at purchase, making them ideal for retirees who prefer steady income without interest rate fluctuations. As interest rates are expected to fall, customers can lock in their investment at the current interest rate. The ICICI Pru Guaranteed Pension…

30 Mar

India’s Alternative Approach to Tobacco Control: Harm Reduction

Business BureauBusiness

Lakshmi Ramamurthy, Hon. Trustee of the Centre for Public Policy Research, highlighted that India's 2019 ban on e-cigarettes did not differentiate between different product classes. Although the finance bill of 2021, the government acknowledged the distinction between traditional cigarettes, e-cigarettes and HTP for taxation purposes, this distinction has not been applied in the context of the ban on e-cigarettes. Panama hosted the tenth session of the Conference of the Parties (COP10), under the WHO Framework Convention for Tobacco Control (FCTC), which focuses on demand reduction, supply reduction, and harm reduction. The conference also explored cutting-edge technology and discussed tobacco's environmental…

30 Mar

Federal Bank expands Northeast reach with 5 new branches, targets 1500 outlets by FY24 end

Business BureauBusiness

Federal Bank unveiled a strategic expansion plan today with the inauguration of five new branches in the Northeast region of India. Positioned in key locations including Bijoyanagar (Assam), Dharmanagar (Tripura), Karimganj (Assam), Kolasib (Mizoram), and Naharlagun (Arunachal Pradesh), these branches mark a significant stride in the bank's mission to provide tailored financial solutions to the region's diverse populace. The digital inauguration, spearheaded by Shyam Srinivasan, MD & CEO of Federal Bank, underscores the bank's commitment to leveraging technology for inclusive growth. With plans to reach 1500 banking outlets by the close of the fiscal year 2024, Federal Bank aims to…

29 Mar

Tata Motors unit join hands with HPCL to set up EV charging stations

Business CorrespondentBusiness

The auto major said that its electric mobility unit, Tata Passenger Electric Mobility (TEPM) has signed a memorandum of understanding (MoU) with Hindustan Petroleum Corporation (HPCL) to establish 5,000 electric vehicle charging stations across India. The partnership will leverage HPCL's widespread fuel station network and TPEM's insights from over 1.2 lakh Tata EVs on Indian roads, to set up chargers at places frequently visited by Tata EV owners. Additionally, HPCL will collect insights on charger usage to enrich the customer experience. The MoU between TPEM and HPCL focuses to explore teamwork between the two companies to motivate more customers to…