India

28 Jul

LIC launches ‘Jeevan Kiran’ plan

Priyanka BhowmickBusiness, IndiaBusiness, india

Life Insurance Corporation of India (LIC) has introduced a new life insurance plan called 'LIC Jeevan Kiran', which provides both life cover and refund of premium. The plan caters to customers aged 18 to 65 years. Under this policy, policyholders have the freedom to choose policy tenures between 10 and 40 years based on their specific financial goals and requirements.Also, they have the flexibility to opt for a single premium payment or regular premium payments over the policy term. The minimum installment premium is ₹3,000 for regular premium policies and ₹30,000 for single premium policies. The policy has two optional…

27 Jul

Orika Spices has partnered with Malaika Arora as the Brand Ambassador

Priyanka BhowmickBusiness, Entertainment, IndiaEntertainment, india

Orika, a modern artisan spice brand based at Paras Spices, has announced a strategic partnership with Malaika Arora as its brand ambassador for the next two years. The collaboration aims to highlight Orica's dedication to providing flavor, source and grade spices while staying true to the core principles of sustainability and encouraging the joy of gourmet cooking at home. The initial month-long brand campaign featured a short audio-visual clip depicting a scene where Malaika's friends are planning to go out for lunch, where she plans to surprise them with a gourmet meal prepared by her within an hour. Orika's use…

27 Jul

M&M picks up 3.5% stake in RBL Bank for Rs 417 cr

Priyanka BhowmickBusiness, IndiaBusiness, india

Mahindra and Mahindra on Wednesday said it acquired a 3.53% stake in RBL Bank Ltd for Rs 417 crore. M&M said it would consider further investment subject to regulatory compliance and required procedures but would not acquire a stake of more than 9.9%. "We have acquired a 3.53% stake in RBL Bank at a cost of Rs 417 crore. We may consider further investments subject to pricing, regulatory approvals and required procedures. However, under no circumstances will it exceed 9.9%," M&M said in a stock exchange filing. In a separate statement, RBL said it was not aware of any purchase…

26 Jul

Gurugram woman raped by man she met on dating app

Priyanka BhowmickCrime, Indiaindia

A woman was allegedly gang-raped by a man she met on a dating app and his friend at a hotel in Haryana's Gurugram. According to the police, the victim said in her complaint that she met the accused through a dating app who later invited her to a hotel in Gurugram's Sector 50 area on June 29. The woman, in her complaint, further alleged that the duo recorded the entire act and threatened to make her video viral. At the hotel, she said the man and his friend offered her food, after which she passed out, police said Tuesday. "They…

25 Jul

Shah Rukh Khan appointed as the brand ambassador of ICC World Cup 2023

Priyanka BhowmickBusiness, IndiaBusiness, india

India is all set to host the prestigious ICC World Cup 2023, and with the announcement of Bollywood superstar, Shah Rukh Khan as the brand ambassador, the event has already become even more enjoyable. With this appointment, King Khan, popularly known, has added another feather to his cap. In his illustrious career, Shah Rukh Khan has mesmerized millions with his charisma on the big screen, but his love for cricket is equally well known. He is the owner of Kolkata Knight Riders, a prominent team in the Indian Premier League (IPL) and his presence in the cricket world is not…

25 Jul

PhonePe launches new Income Tax payment feature

Priyanka BhowmickBUSINESS, Business, IndiaBusiness, india

Fintech chief PhonePe has 'pay income tax' features on its app so that Phonepe can self-assess and pay taxes in advance within the app, the company's Monday is a holiday. Users can now do so through their credit card or UPI. Users can pay taxes by tapping the 'Income Tax' icon on the homepage of the PhonePe app. In addition, they can select the type of tax they will pay, the year of assessment and the details of the PAN card. Users then have to enter the total tax amount and pay using their preferred mode of payment. The money…

20 Jul

Superbottoms ropes on Alia Bhatt as investor & brand ambassador

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Superbottoms, India's leading sustainable child and mother care brand, announced that actor Alia Bhatt has joined her team as an investor and brand ambassador. With this association, the brand aims to revolutionize the industry and hopes the actor's popularity will strengthen his foothold in India. Commenting on joining the brand, Alia Bhatt said in a statement, "As a mother, I am more aware that we owe our children a healthy planet and I am very happy to partner with a fellow mother, whose vision of conscious choice empowerment is to connect with myself. Their unique and innovative products prioritize safety…

20 Jul

Jio financial demerger: RSIL listed at Rs 261.85 a share

Priyanka BhowmickBusiness, IndiaBusiness, india

The share price of Jio Financial Services, the spin-off financial services unit of Reliance Industries, unexpectedly rose to Rs 261.85 during a special trading session dedicated to its parent company's stock on Thursday.On Thursday, Reliance's stock was trading at Rs 2,580 per share, against Wednesday's previous closing price of Rs 2,841.85. Market analysts had initially estimated the share price of the entity named Reliance Strategic Investments, which will now be known as Jio Financial Services, which will be priced between Rs 160 and Rs 190 per share.While JFS stocks have been included in major indexes, including India's benchmark Nifty 50,…

19 Jul

L’oreal Paris names Kendall Jenner as new Global Ambassador

Priyanka BhowmickBusiness, IndiaEntertainment, india

According to The Sun, the model and reality TV star has reportedly signed an $11 million deal to represent the French beauty brand. Jenner followed in the footsteps of other iconic women, such as Helen Mirren, Jane Fonda, Jennifer Aniston and Eva Longoria as the new faces of L'Oreal."I'm honored to be part of a new sisterhood of strong, powerful women and to say those iconic words, I deserve it. It feels like a true full-circle moment to join the L'Oréal Paris family and have the opportunity to embody everything the brand is about." ,” Jenner said. "No one defines…

19 Jul

Network18 media Q1 results: net profit down 26%

Priyanka BhowmickBUSINESS, IndiaBusiness, india

Network 18's TV news business grew 26% in revenue in the first quarter of the current fiscal year, the company said in its financial report. The company registered a revenue of Rs 337 crore in the quarter, compared to Rs 266 crore for the same period last fiscal. “The network's revenue grew 26% in the quarter, driven by strong growth in advertising revenue. Strong viewership gains are based on ad revenue growth that the network has achieved over the past year, which has helped improve certain channel values. Genre decreases while network ad inventory increases. The network also saw strong…