Business

29 Mar

Upstox’s ‘Cut the Kit Kit’ campaign: A revolutionary approach to simplify investment for all

Business BureauBusiness

Upstox has launched an innovative campaign titled 'Cut the Kit Kit, Get in the Market', heralding a new era of simplicity and empowerment in the realm of investing. Designed to address the common hurdles faced by investors, such as information overload and conflicting advice, Upstox's campaign aims to demystify the investment process and empower users to make informed decisions. Developed in collaboration with Lowe Lintas, the campaign features a series of captivating films that artfully depict the chaos of market noise, contrasting it with the clarity and simplicity offered by Upstox's platform.Kavitha Subramanian, Co-Founder of Upstox, emphasized the company's dedication…

29 Mar

HDFC Bank, in partnership with Guwahati Municipal Corporation

Business CorrespondentBUSINESS

HDFC Bank, in partnership with Guwahati Municipal Corporation (GMC) and Centre for Environment Education (CEE) inaugurated Material Recovery Facility (MRF) at Adabari, Guwahati, Assam. One of the main components of the project is the creation of a Swachh Centre - Material Recovery Facility (MRF) at the Guwahati Municipal Corporation (GMC) site in ITI, Machkhowa. This MRF will make use of advanced technology to sort waste more effectively and recover valuable resources from mixed waste streams, thus promoting sustainable waste management practices in the city. An MRF optimises waste sorting to maximise resource recovery. It employs advanced technology to extract value…

28 Mar

Adani family infuses Rs 6,661 cr in Ambuja Cements, raises stake to 66.7%

Business CorrespondentBUSINESS

Gautam Adani's family has invested Rs 6,661 crore in Ambuja Cements in order to raise their stake in the company by 3.6% to attain 66.7% holding. This follows the investment of Rs 5,000 crore invested by the promoter of the company for exercising the warrants issuance approved by the board of the Company in October 2022. "This strategic move underscores unwavering commitment to have robust capital management philosophy for the portfolio companies and the latest investment testifies the commitment by Adani family to boost future prospects and potential of cement vertical," Ambuja Cements said in a regulatory filing. "The additional…

28 Mar

Audi India expands retail presence – inaugurates new Audi Approved: plus facility in Guwahati

Business CorrespondentBUSINESS

Audi, the German luxury car manufacturer, today inaugurated a new pre-owned car facility, Audi Approved: plus in Guwahati, Assam. Situated at Balughat, Jayanagar Tripura Road, Guwahati-781028, the inauguration of Audi Approved: plus in Guwahati signifies an addition to Audi India's retail presence, now harbouring a total of 26 such pre-owned car facilities in India. Mr. Balbir Singh Dhillon, Head of Audi India said, “Audi Approved: plus witnessed a growth of 62% in 2023. We continue to expand our retail business amidst growing demand for luxury cars in the country and are confident of continued growth this year. The inauguration of…

27 Mar

Four women entrepreneurs shine bright in Assam’s Sunrise Agragamini show

Business BureauBusiness

Assam witnessed a celebration of female entrepreneurial spirit as the curtains closed on the grand finale of the 'Sunrise Agragamini' show, hosted by ITC Ltd.'s Sunrise Pure Spices. Over three electrifying episodes aired on Pratidin, Assam's premier channel, 15 exceptional women entrepreneurs showcased their ingenuity, with four emerging victorious in a thrilling competition.The campaign, launched in December 2023 in collaboration with Assam Startup Cell and AIIDC, aimed to amplify the voices of women entrepreneurs across Assam. It culminated in a startup contest highlighting the innovative ventures of budding entrepreneurs in the region. The winners, Utkarsha Bora of Frint.in, Aditi Gohain…

27 Mar

Bajaj Group commits Rs.5,000 crore over the next five years towards various CSR initiatives

Business BureauBusiness

The Bajaj Group has pledged Rs. 5,000 crore over five years for social impact initiatives, focusing on skill development under 'Bajaj Beyond', its new corporate social responsibility and charitable program identity. This will benefit over 2 crore of tomorrow's youth and enable them to take advantage of the employment and entrepreneurial opportunities offered by India’s growing economy. The Bajaj Family has been deeply involved in social responsibility, contributing nearly Rs. 4,000 crore to CSR initiatives over the past decade, focusing on skilling, education, health, livelihood, water conservation, and other development areas. The Bajaj Group's humanitarian efforts are channeled through several…

25 Mar

Actor Hrithik Roshan to continue as brand ambassador for Clear Premium Water

Business CorrespondentBUSINESS

Clear Premium Water has completed one year in partnership with actor Hrithik Roshan as its brand ambassador. The partnership has seen success and is assured to soar through 2024, extending to 2025. Hrithik Roshan has been an integral part of Clear Water's mission to provide safe and clean drinking water to all. "Our partnership with Hrithik Roshan has played a crucial role in establishing CLEAR as the preferred choice nationwide. With his endorsement, we have garnered trust among the masses and expanded our reach significantly. Moving forward, our ongoing collaboration with him will further bolster our position as a trusted…

24 Mar

Amul takes ‘Taste of India’ to US with launch of its fresh milk range

Business CorrespondentBUSINESS

India's largest dairy brand Amul is set to introduce its renowned "fresh milk" range to consumers in the United States for the first time in the history. The decision was taken at the 108th annual general meeting of the Michigan Milk Producers Association. The Gujarat Cooperative Milk Marketing Federation (GCMMF), the apex body representing milk cooperatives in Gujarat and the marketer of Amul products, has forged a strategic partnership with the Michigan Milk Producers Association to introduce fresh milk offerings across the East Coast and Midwest regions of the US. "This marks a significant milestone for Amul as we embark…

23 Mar

NESFB revolutionizes banking landscape with fixed deposit rates

Business BureauBusiness

North East Small Finance Bank (NESFB) is disrupting the traditional banking sector with its pioneering fixed deposit (FD) schemes. Leveraging advanced technology and strategic foresight, NESFB is redefining the savings experience for customers in the Northeast region. With interest rates reaching up to 8.50% for the general public and an impressive 9.25% for senior citizens, NESFB is setting a new benchmark for growth and prosperity in the banking industry. These rates are not just numbers; they represent NESFB's commitment to harnessing technology to drive financial inclusion and empowerment. Satish Kumar Kalra, MD & CEO of North East Small Finance Bank,…

22 Mar

Bandhan Bank sign MoU with Mahindra &Mahindra to provide convenient financing solution

Business BureauBusiness

Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra &Mahindra (M&M), a leading commercial vehicle manufacturer of the country, to offer convenient financing solutions to its commercial vehicle & commercial equipment customers. Under this collaboration, Bandhan Bank will offer financing across the entire commercial vehicle & Commercial equipment portfolio and customers will benefit from the bank’s wide network and specially curated easy repayment plans. Bandhan Bank is a new-age private sector bank in India, offering competitive interest rates on liability and retail asset products like home loans and personal loans. With…