Business

14 Sep

Ashish Samarpit – winner of Tata Crucible Quiz – North East 2 Cluster Finals

Business Bureau0 CommentsBusiness

Ashish Samarpit from IIM Shillong won the Cluster 24 Finals of Tata Crucible Campus Quiz 2023, India's prestigious business quiz. The North East region's Ashish Samarpit won a cash prize of 35,000* and secured a spot in the Zonal Finals. Rohan Kumar Sinha from IIM Shillong was declared the runner-up, earning a cash prize of Rs. 18,000*. The Campus Quiz this year is divided into 24 Clusters, with top 12 finalists from each cluster shortlisted for the Wild Card Finals. The top 6 finalists will compete in the 24 online Cluster Finals. The 24 Clusters are further grouped into four…

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14 Sep

NSE CEO’s views on Nifty 50’s historic milestone

Business Bureau0 CommentsBusiness

The Nifty 50, India's beloved stock index, has achieved a significant milestone by reaching the historic 20,000 mark today. Its remarkable journey over the past 27 years, starting from its initial value of 1,000, serves as a testament to the trust bestowed by both Indian and foreign investors in India's capital markets and its robust regulatory and legal systems. Commenting on it, National Stock Exchange’s MD & CEO Ashiskumar Chauhan said, these systems have consistently provided a fair, efficient, transparent, low-cost, always-accessible, and well-organized marketplace, often recognized as one of the best globally. Notably, India has not only excelled in…

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14 Sep

Bombay Dyeing to sell Mumbai land parcel to Japan’s Sumitomo for 5200 cr

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Wadia Group subsidiary Bombay Dyeing and Manufacturing Company (BMDC) on Wednesday approved a proposal to sell a parcel of around 22 acres of land in Mumbai's Worli to Goisu Realty, a subsidiary of Japanese realty developer Sumitomo, for Rs 5,200 crore. This is Mumbai's biggest land deal in terms of value. The entire transaction with Sumitomo will be completed in two phases with the first phase worth Rs 4,675 crore. The remaining Rs 525 crore will be received by BDMC upon fulfillment of certain conditions and execution and completion of certain contracts for the second phase. The group has currently…

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14 Sep

JioCinema To Stream India-Australia ODI Series For Free

Business Correspondent0 CommentsBusiness, Entertainment

The OTT platform Jio Cinema, owned by Reliance will stream the live performance of India's 3-match ODI home series against Australia in 11 languages. The match will be streamed at free of cost.  This will also be the initiation of first  international cricket series streaming live on jio cinema free of cost. Viacom 18, a subsidiary of Reliance Industries has got media rights to broadcast international and domestic games organised by BCCI for next 5 years, for a cumulative figure of rupees 5,963 crores. The first match of the series will held on 22nd of Sept., with subsequent matches which…

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13 Sep

JawaYezdi Motorcycles introduces the new Jawa 42 Bobber Black Mirror

Business Bureau0 CommentsBusiness

JawaYezdi Motorcycles is introducing the new Jawa 42 Bobber Black Mirror, showcasing its dominance in the 'Bobber' segment. The Jawa 42 Bobber Black Mirror is a stunning addition to the 'Factory Custom' range, offering riders a blend of timeless design, advanced performance, and exceptional comfort. It is currently available for Rs 2,25,187 ex-showroom Delhi. The Jawa 42 Bobber Black Mirror is a highly sought-after motorcycle in India, renowned for its iconic chrometank and premium Diamond cut alloy wheels. It embodies the theme of 'Oneness', a feeling that true riders seek to achieve with their surroundings. The bike has undergone performance…

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13 Sep

HDB Financial Services organizes physiotherapy camps for truck drivers on World Physiotherapy Day

Business Bureau0 CommentsBusiness

HDB Financial Services, India's leading NBFC, is recognizing the dedication of truck drivers by organizing free physiotherapy camps for the community on World Physiotherapy Day, as part of its CSR Program, Transport Aarogyam Kendra (TAK). HDBFS is offering free physiotherapy sessions to truck drivers in 35 major transport nagars across 14 states to improve their physical well-being, promote flexibility, strengthen core muscles, and prevent sitting-related injuries. Commenting on the initiative, Ajay Thakur, Head Asset Finance HDB Financial Services said, "Given the overwhelming response received from the trucking community, HDB shall continue its efforts to reach out to many more truck…

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13 Sep

PhonePe SmartSpeakers introduces celebrity voice feature with Amitabh Bachchan

Business Correspondent0 CommentsBusiness

PhonePe, a digital wallet and online payment app has upgraded the voice feature of its SmartSpeaker by setting the voice of legendary actor Amitabh Bachchan.  From now onwards users of PhonePe SmartSpeakers can authenticate the payments made by customers with a distinct voice of the actor. At present the voice is available in only two languages Hindi and English attempts are being made to roll out this feature with other languages as well. Speaking about this unique new feature, Vivek Lohcheb, Head of Offline Business at PhonePe said, “We are delighted to launch a unique celebrity voice feature for our…

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13 Sep

DSP Multi Asset Allocation Fund for true diversification

Business Bureau0 CommentsBusiness

DSP Mutual Fund announced the launch of DSP Multi Asset Allocation Fund (DSP MAAF), an open-ended scheme that aims to offer investors long-term returns like what equities may offer but with added resilience against market falls. DSP MAAF aims to benefit investors by diversifying their investments between asset classes like domestic equities, international stocks, debt instruments, gold ETFs, other commodities and ETF & Exchange Traded Commodity Derivatives (ETCDs), aiming to reduce overall risk.  The New Fund Offer for DSP MAAF will open for subscription on September 7 and will close on September 21.DSP MAAF can invest between 35-80% in equities,…

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13 Sep

Tilaknagar Industries Unveils All-New Blue Lagoon Gin

Business Bureau0 CommentsBusiness

Tilaknagar Industries Limited, a leading Indian-Made Foreign Liquor manufacturer, has unveiled its new Blue Lagoon Premium Gin, featuring a blend of traditional craftsmanship and contemporary design. The premium gin is available in three variants: Orange, Lemon, and Plain. Tilaknagar Industries has revamped its Blue Lagoon Gin to expand its portfolio beyond brandy and penetrate East and North-East India, which holds potential for the IMFL segment. The first phase of the launch is in Assam, with plans for further launches in other states. The brand's tagline "Just Dive In" invites spirits enthusiasts to immerse themselves in the enchanting and flavorful realm…

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13 Sep

Google pays US$10 billion a year to dominate search: US

Priyanka Bhowmick0 CommentsBusiness, International, WorldInternational

Lawyers have made opening arguments in a landmark antitrust case against search engine Google, which could test the limits of corporate power in the United States. On Tuesday, in a packed federal courthouse in Washington, DC., the U.S. Department of Justice argued that Google used its resources and influence to suppress competition and maintain its dominance as the most popular search engine. Google counters that internet users rely on search engines for its quality. "Google pays more than $10 billion a year for these privileged positions," said Kenneth Dintzer, the Justice Department's chief litigator. "Google's contracts ensure that rivals can't…

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