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Following its tradition of announcing an annual New Year plan, Reliance Jio has launched the Happy New Year 2024 prepaid plan at a price of ₹ 2,999 and with an additional validity of 24 days. The changes to the ₹2,999 plan have brought down the effective cost per day for customers from ₹8.21/day to ₹7.70/day. The plan gives a validity of 365 days and total data of 912.5GB, which is offered at 2.5GB/day at 4G speeds, after which the speed is reduced to 64kbps. Like most other Jio plans, the company is offering unlimited 5G data to eligible customers as…

On the eve of New Year and Christmas celebrations, Phonographic Performance Ltd. (PPL India) gears up to safeguard its extensive catalogue of over 70 lakh songs. The Delhi High Court (DHC) has delivered a decisive blow against copyright infringement, restraining entities from playing copyrighted songs controlled by PPL without the requisite license. PPL India, an 80-year-old entity, manages a vast collection of songs assigned by over 400 music labels, including major players like T-series, Saregama, Sony Music, Universal Music, Warner Music, Times Music, and Speed Records.  The Delhi High Court has issued rulings that support PPL India, addressing unauthorized use…

Delhivery Ltd, India's largest logistics provider, has successfully operationalized its largest mega-gateway in Bhiwandi, covering 1,200,000 sq ft. of land. The Bhiwandi trucking terminal combines automated hub, sortation, returns, and freight operations, handling Delhivery's parcel and part-truckload freight volume simultaneously. The automated gateway, with 196 docking stations, can handle over 8,000 tonnes of freight and 1600 daily vehicles. Its automation system, developed by Falcon Autotech, includes 1.8 km of integrated double-deck cross-belt sorters and over 5km of material conveyance systems. It can process over 32,000 shipments and 17,000 freight units per hour. Sahil Barua, Managing Director & Chief Executive Officer,…

The Smart India Hackathon 2023, organized by the Ministry of Education, Government of India, and the Institutions Innovation Council at Manipal Institute of Technology (MIT), Manipal, commenced with a grand inauguration ceremony. The event was graced by the presence of Lt General Dr. MD Venkatesh, Vice Chancellor of MAHE, who delivered an inspiring address. The Smart India Hackathon 2023 is a platform for young innovators to collaborate, ideate, and develop transformative solutions to real-world challenges, with MIT being a key center for fostering innovation and excellence in education. Lt General Dr. MD Venkatesh highlighted the significant impact of Dr. TMA…

Kotak Mahindra Bank Limited (“Bank") announced on 18thDecember, 2023 the appointment of Mr. Eli Leenaars (full name: Mr. Cornelis Petrus Adrianus Joseph Leenaars)as an Additional and Independent Director on the Bank’s Board, for a period of four years, effective January 1, 2024, subject to fulfilment of statutory / regulatory or other requirements, as may be necessary. Mr. Eli Leenaars is, a successful leader with 35 years of experience in the financial services sector, has expertise in institutional and investment banking, asset management, corporate and retail banking, and life and general insurance. He is a respected expert on digital banking and…

North East Small Finance Bank (NESFB) is delighted to announce the appointment of Mr Satish Kumar Kalra as its Interim Managing Director and Chief Executive Officer. With approval from both the NESFB board and the Reserve Bank of India, Mr. Kalra brings to the table an illustrious career spanning over four and a half decades in the banking industry. Mr Kalra’s professional journey is marked by his tenure at Andhra Bank as the Managing Director & CEO (In-charge), and Executive Director, where he drove significant growth achieving a 13% compound annual growth rate in credit and added over 1200 branches…