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16 May

Bajaj Allianz Life sets new benchmark with Rs. 1,383 crores bonus declaration for FY2024

Business BureauBusiness

Bajaj Allianz Life, a prominent private life insurer in India, has announced bonuses for the 23rd consecutive year. This is for the over 11.66 lakh policyholders who have invested in the Company’s participating products. The company has declared its highest bonus ever at Rs. 1,383 crores for FY2024. The bonuses declared in each financial year are accumulated and distributed upon policy maturity or exit. Additionally, cash bonuses will be paid out on specific policy events in accordance with policy conditions. Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance, said, "We are happy to declare one of the highest bonuses…

16 May

Clash between two communities in Assam’s Bajali dist

editorAssam

In Assam's Bajali district a dispute between two students took place which turned out to be communal clash. Several people turned violent against each other due to which many were injured and shifted to nearby hospital. According to the sources, to take control over the situation multiple police units were deployed in the area. Further, the reason behind the clash is not yet identified.

15 May

Alaya F Talks About Her Parents, Pooja Bedi-Farhan Furniturewala’s Divorce: ‘They’re Great Friends’

Business CorrespondentEntertainment

Alaya Furniturewalla, who is currently basking in the success of Srikanth, talked about her mother Pooja Bedi's divorce and threw light on the family dynamics in an interview with Bollywood Bubble. Alaya is the daughter of businessman Farhan Furniturewala and Pooja Bedi. Alaya said that when her parents got separated, she didn't understand its severe impact as they handled it with utmost dignity. Alaya F told Bollywood Bubble, "My parents were going their separate ways, but I would see them all the time, they were very, very friendly with each other also. Till today, they are great friends. My mom…

15 May

Abans Holdings FY24 net profit rises 27% to Rs 89 crore

Business Correspondentbreaking news, Business, Economy, Latest

Mumbai: Abans Holdings, a diversified financial services company, on Tuesday said it booked a consolidated net profit of Rs 89.2 crore during the financial year 2024 (FY24), compared to Rs 70 crore during the previous financial year, an increase of 27.4%. The company reported 18.6% growth in consolidated total income during FY2024 to Rs 1,380 crore from Rs 1,164 crore a year ago.Abans Holdings also said it has received approval from markets regulator SEBI to act as investment manager for Alternative Investment Funds (AIFs) in India. "This achievement elevates the company from a holding entity to an operating entity," it…

15 May

Residents of Matangini Colony have been grappling with the prolonged issue of shortage of drinking water

Ashish MajumderSiliguri

Residents of Matangini Colony in Ward No. 28 of Siliguri Municipal Corporation (SMC) have been actually grappling with the prolonged issue of shortage of drinking water. In response, the SMC has recently inaugurated a pumping station in Babupara, located in Ward No. 27 of Siliguri to solve the issue. According to reports, the pumping station has been constructed at Babupara in Ward No. 27 of Siliguri at a budget of Rs 56,16,484. Actually this pumping station will mainly meet the needs of the residents of Matangini Colony in Ward No. 28 for clean drinking water. Siliguri Mayor Gautam Deb and…

15 May

Miscreants attempts to kill youth over family feud, Assam

editorAssam, Crime

A youth in Digboi, Assam identified as Amrit Thakur was brutally attacked by a group of miscreants who attempted to kill him. According to the sources, the horrifying incident took place at Digboi Chariali locality. The victim alleged that the attack was done by his wife's relatives due to family feud. Amrit has been seeking seperation from his wife. However, the victim is admitted to hospital and he is under treatment with severe injuries and critical condition.

15 May

Who is after Dravida? There are many names in the race to become a coach in Indian cricket

Banasree SarkarSportsIndian cricket

Before the T20 World Cup, Indian cricket was a new speculation. Who will be the coach of Team India after the T20 World Cup is now the question of crores of rupees. The Indian Cricket Board has already advertised for the new coach. The contract with Rahul Dravid as the coach of the Indian team will end after the upcoming T20 World Cup. The contract was terminated after the one-day World Cup last year. Then it was extended until the T20 World Cup. In the past few days, several names have emerged as the next coaches of the Indian team.…

14 May

Mamata Offers To Cook Food For PM Modi, BJP Says, ‘Ploy To Trap PM’

Business CorrespondentPolitical

The BJP has termed it a "political agenda" after West Bengal CM Mamata Banerjee offered to "cook food" for PM Modi. Besdies, CPI(M) has named it an "understanding" between the TMC and the saffron party. The TMC chief, Mamata Banerjee, taking a jibe at PM Modi for his recent allegation that RJD leader Tejashwi Yadav last month had fish during a period when some Hindus abstain from having non-vegetarian food, said that she was ready to "cook something for him (Modi)" if he wanted, though she was not sure whether he would eat what she cooked. Banerjee, at an election…

14 May

TML reports Consolidated Q4 FY24 Results

Business BureauBusiness

Tata Motors Ltd.(TML) announced its results for quarter ended march 31, 2024. Revenue at Rs.120.0K Cr (+13.3%), EBITDA at Rs.17.9K Cr (+26.6%), PBT (bei) at Rs.9.5K Cr (+4.4K Cr), PAT at Rs.17.5K(+12K Cr) Cr, and free cash flows from automotive sources were Rs.14.1K Cr (+2.8K Cr) compared to PY. JLR revenue raise by 10.7% to £7.9b, with EBITDA at 16.3% and EBIT at 9.2%. Tata CV revenue increased by 1.6% to Rs.21.6K Cr, with EBITDA at 12.0% and EBIT at 9.6%, respectively. Tata PV Revenue up 19.3% Rs.14.4K Cr, , EBITDA at 7.3% (flat yoy), EBIT at 2.9% (+150 bps).…

14 May

Johnson’s Baby launches a digital film titled ‘The Long Wait for Day 1’

Business BureauBusiness

Johnson's Baby, a leading baby skincare company, has released a digital film titled 'The Long Wait for Day 1', which pays tribute to mothers and their journeys. On Mother’s Day, Johnson’s Baby’s latest film conceptualised by DDB Mudra celebrates the different journeys of mothers, including adoption, in vitro fertilization (IVF), or preterm and reinforces the brand’s commitment to supporting motherhood in all its forms. The film 'The Long Wait for Day 1', part of Johnson's Baby #PromisePehlePalSe campaign, follows the stories of Neha, Maya, and Geet, each embarking on their unique journeys to motherhood. Neha, who conceives through IVF after…