India

12 Apr

4 Army Jawans killed in firing at Bathinda military station

Priyanka Bhowmickaccident, Indiaindia

At least four army jawans were killed in a firing incident inside Punjab's Bathinda military station in the early hours of Wednesday. The state police rejected the terror angle in the case and called it a "fratricidal incident", as the attack was not from outside. The firing was reported at 4:35 am, after which the station's rapid response teams were activated and the area was cordoned off and sealed, the Army said in a statement. Defense Minister Rajnath Singh has sought full details of the incident. “It has been confirmed that in the unfortunate incident, four Army jawans of an…

11 Apr

Rekha Jhunjhunwala gets richer by Rs 692 cr in a month from Tata stock

Priyanka BhowmickBusiness, Indiaindia

Rekha Jhunjhunwala, India's third richest woman, and wife of the late Rakesh Jhunjhunwala, is nothing short of an inspiration for women investors in our country. His portfolio is often followed closely by retail investors in an attempt to emulate or come close to his success as an investor. This one is a legit example of an Indian woman who earns crores through her portfolio, last month, a company in Rekha Jhunjhunwala's portfolio earned Rs 692 crore. Titan Company shares have gained ₹150.90 or 6.30% in the last month. In this LIC-backed Tata Group company, Rekha Jhunjhunwala owns 5.17% shares or…

11 Apr

BoB Q4 loans rise 19%, deposits grow 15%

Priyanka BhowmickBusiness, IndiaBusiness, india

Public sector lender Bank of Baroda's (BoB) progress in FY23 grew by 19 percent on a year-on-year (YoY) basis, higher than the nearly 15 percent growth in the banking system for the financial year. In absolute terms, advances rose to Rs 9.73 trillion by the end of 2023 from Rs 8.18 trillion at the end of March 2022, according to a BSE filing. BoB deposits rose 15.1 percent YoY to Rs 12.04 trillion at the end of March 2023. This pace was higher than the 9.6 percent annual growth in banking system deposits Sequentially they rose 4.7 percent to Rs…

10 Apr

Denver ropes in Varun Dhawan as its brand ambassador

Priyanka BhowmickBusiness, IndiaBusiness, india

Denver is on the way to launching a campaign featuring the actor to connect with its target audience and increase the brand's reach all over India. Commenting on the association, Varun Dhawan said in a statement, “I am thrilled to announce my association with Denver, a brand I have always admired for their commitment to delivering the best. Working with the energetic team at Denver Face Wash has been a great experience, and I'm excited to be a part of their growth journey.” Saurabh Gupta, Sales Marketing Director, Vanessa Care added, “Partnering with Varun Dhawan presents an exceptional opportunity for…

08 Apr

Amul’s plan to sell milk in Bengaluru has created a storm

Priyanka BhowmickBusiness, Indiaindia

Amul's announcement to enter the Bengaluru market with milk and curd has raised the political temperature in Karnataka, with the opposition Congress accusing the ruling BJP of hatching a conspiracy to kill the state's formidable dairy brand Nandini. Leader of the Opposition Siddaramaiah, who was the Congress chief minister from 2013 to 2018, said the Gujarat-based dairy brand had earlier attempted to enter the state but was thwarted by his government. He tweeted, “but now @BJP4Karnataka is welcoming them with open arms,”. Siddaramaiah tweeted, "..they are now determined to destroy Nandini KMF - the brand built by our farmers." Netizens…

07 Apr

John Players reveals its new brand identity with Sidharth Malhotra as brand ambassador

Priyanka BhowmickEntertainment, IndiaEntertainment

John Players, the fashion apparel brand for men, recently unveiled Siddharth Malhotra as its new face today. The announcement was made alongside the launch of the new Spring Summer ’23 collection. The brand has recently re-launched itself in a new avatar with the brand expression 'Play it Real' which stands shoulder to shoulder with a new generation of youngsters to carve their place in the world. Business Head, Nitin Sehgal said, “The brand has found its perfect spokesperson and ambassador in Siddharth Malhotra who is a style icon and riding on the success of his recent hits. We see him…

07 Apr

Nasher Miles names Rishabh Pant as its brand ambassador

Priyanka BhowmickBusiness, IndiaBusiness, india

Luggage brand Nasher Miles has roped on cricketer Rishabh Pant as their brand ambassador. As part of the association, the brand plans to run digital ads featuring cricketers. Lokesh Daga, founder, and CEO of Nasher Miles said, “Cricket in India spans all age groups, categories and geographies and Pant is a well-known Indian wicketkeeper-batsman. Considering this, we chose Pant as the face of our brand. “I am extremely excited to be the face of Nash Miles, and I completely resonate with the brand's motto of making the travel experience more fun, efficient and memorable through its wide range of affordable…

06 Apr

L’oreal buys Australian brand Aesop from Natura in $2.5-billion

Priyanka BhowmickBusiness, IndiaBusiness, india

French cosmetics group L'Oréal has entered into an agreement with Brazil's Natura & Co to buy the Australian luxury brand at an enterprise price of $2.53 billion, both companies said on Monday. According to a statement, the Aesop brand will have sales of $537 million in 2022. "Aesop taps into all of today's booming currents and L'Oreal will contribute to unlocking its huge growth potential, particularly in China and travel retail," L'Oreal CEO Nicolas Hieronymus said in the statement. The L'Oréal Luxe division, which includes L'Oreal, was the group's top performer for the second consecutive year in 2022, with sales…

06 Apr

Odisha gets investment intent worth Rs 26,000 crore at business meet in Tokyo

Priyanka BhowmickBusiness, IndiaBusiness, india

The Odisha government received an investment target of Rs 26,000 crore during the Odisha business meet held in Tokyo on Wednesday. Chief Minister Naveen Patnaik has tied up with some leading Japanese investors across the sector to attract foreign investment. The intentions were received from sectors such as logistics, metal accessories, steel, metal downstream, green hydrogen and green ammonia, green energy equipment manufacturing, IT and IT-enabled services, an official statement said. Details of the company, which has expressed interest in investing in Odisha, were not shared. Addressing over 200 investors in Japan, Patnaik said Odisha is one of the fastest-growing…

04 Apr

Arijit Singh all set to perform in Siliguri

Priyanka BhowmickEntertainment, IndiaEntertainment, india

A few days ago, he stormed the opening stage of the IPL with his melodious voice. After that Arijit Singh's destination is North Bengal. He did a concert in Kolkata in February. After that, this Bengali star from Mayanagari appeared to perform in the state one more time. The concert will be held in the evening on Tuesday, April 4 at the Kanchenjunga Stadium in Siliguri. According to sources, Arijit reached Siliguri on Wednesday at midnight. The destination vehicle for a star like him could be a private jet. But Arijit wants to keep his feet on the ground, it…