Business

03 Nov

Vodafone Idea Partners with Ericsson

editor0 CommentsBusiness, IndiaEricsson, Vodafone Idea

Vodafone Idea Ltd. (VIL) and Ericsson (NASDAQ: ERIC) have partnered to showcase the power of 5G to revolutionize the healthcare sector in India. The 5G trial network set up by Vi on Govt allocated 3.5 GHz mid band & 26 GHz mmWave band in Pune, deploys Ericsson Radios and Ericsson Dual Mode Core based on cloud native technology comprising of 5G SA, 5G NSA & LTE packet core functions.In a statement the company has said that the high data speed, low latency and reliability of 5G, a doctor located in an urban center can actually carry out an ultrasound scan…

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02 Nov

Forever 21 launches its new flagship store at Itanagar

editor0 CommentsBusinessForever 21

Forever 21, has unveiled its first Flagship store in Arunachal Pradesh and Second in Northeast. With the launch of this store in Itanagar on 30th October, 2021 (Saturday), the brand aims to increase its footprints in the northeast. Spread across 3079sqft, at KIME Complex ,Near BB Plaza , D-Sector, the store presents trendy styles including fitted dresses; bodysuits; super crops; co-ords; jackets; cropped, satin and handkerchief tops; pop-coloured accessories and footwear, & exclusive partnership collection inspired by the movie “Space Jam”. Speaking on the launch, Mr. Mukesh Soni, Business Head (India), Forever 21 said, “We are glad to bring Forever…

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02 Nov

Nissan India achieves Domestic 3913 vehicles wholesales in October

editor0 CommentsBusiness, Indianissan, vehicles wholesales

Nissan India has achieved a Domestic wholesale of 3913 vehicles & Exports of 3004 vehicles for October 2021 for Nissan and Datsun. In October 2020 Domestic wholesale was 1105 vehicles & Exports of 75 vehicles. Nissan India has achieved a growth 254% in Domestic marketfor the month of October. Keeping the health and safety of its customers in mind, Nissan launched the ‘Convenience of Doorstep Service’ and ‘Pick-up & Drop-off’ services of Nissan cars to and from dealerships which mitigates the risk of infection and minimizes disruptions in the schedule of customers.Rakesh Srivastava, Managing Director, Nissan Motor India Ltd. Said,…

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30 Oct

Gold demand down as ETF outflows outweigh strength in other sectors

editor0 CommentsBusinessWorld Gold Council

World Gold Council has issued its third quarter report of 2021, which shows demand for gold* fell 7% year-on-year and 13% quarter-on-quarter to 831t, primarily due to outflows from gold-backed exchange-traded funds (gold ETFs).Net gold ETF sales were relatively small (27t), but when compared to the pandemic-induced buying surge of a year earlier, this was enough to place overall gold demand into a year-on-year decline, despite demand increasing in all other sectors. The gold price averaged US$1,790/oz throughout the quarter – down from Q3 2020’s all-time USD high, but above its 3yr, 5yr and 10yr averages. Louise Street, Senior Markets…

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30 Oct

Amway appoints Amitabh Bachchan as a brand ambassador

editor0 CommentsBusinessAmitabh Bachchan, amway

Amway India, one of the country’s leading Direct Selling FMCG companies announced the appointment of Bollywood megastar Amitabh Bachchan as its brand ambassador. As a part of this momentous association, the veteran actor will endorse the brand Amway and the Nutrilite range of products across all platforms, encourage women and youth empowerment through guided entrepreneurship thereby reinforcing Amway’s vision of helping people live healthier and better lives. Building on the heightened awareness for health and nutrition, the company is aggressively exploring innovative solutions to cater to the evolving and growing market. Toward this, Amway had recently launched powerful nutritional products…

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30 Oct

ICICI Bank’s benefits for Army personnel across all ranks

editor0 CommentsBusinessICICI Bank

The Memorandum of Understanding (MoU) has been renewed by ICICI Bank with the Indian Army. It offers a range of specially curated enhanced benefits and new features through its ‘Defence Salary Account’, to all serving as well as retired Army personnel. As part of the MoU, the Bank offers a bouquet of benefits like a zero balance account, preferential allotment of lockers and unlimited free transactions on ICICI Bank as well as Non-ICICI Bank ATMs in India. As part of the renewed benefits, the Bank is offering an array of insurance benefits to the Army personnel. The account holders get…

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30 Oct

Tata Motors unveils 21 new commercial vehicles

editor0 CommentsBusinessTata Motors

Tata Motors, India’s largest commercial vehicle manufacturer, accentuated its commitment to support India’s economic growth by unveiling an extensive and comprehensive range of 21 new products and variants. Designed and engineered to cater to the evolving needs of cargo and people transport across segments and applications, these state-of-the-art vehicles further enhance Tata Motors’ established ‘Power of 6’ benefit proposition to address specific usage and applications while delivering higher productivity and lower total cost of ownership (TCO). Unveiling the 21 vehicles, Mr. Girish Wagh, Executive Director, Tata Motors said, “The engines of infrastructure development, consumer consumption and e-commerce powering the Indian…

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30 Oct

Bandhan Bank’s reports strong growth Q2FY22

editor0 CommentsBusinessBandhan Bank

Bandhan Bank, has announced its financial results for the second quarter of financial year 2021-22. The Bank continued to witness business growth, as the challenging economic situation gradually eases.The Bank’s total deposits now stand at Rs.81,898 crore. The current account and savings account (CASA) book grew by 45% year-on-year,and the CASA ratio now stands at close to 45% of the overall deposit book. In this period, the Bank’s retail deposit book showed substantial growth, growing 35% year-on-year to Rs. 68,787 crore. The share of retail to total deposits now stands at 84%, showing the granular nature of the deposits with…

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30 Oct

Bajaj Finance Ltd. Launches Diwali Campaign ‘EMI HAI NA’

editor0 CommentsBusinessBajaj FInance

Bajaj Finance Ltd., in collaboration with Bajaj Finserv Direct Limited, has launched its Diwali campaign ‘EMI HAI NA’ to offer discounts and cash back on a wide range of products and brands purchased on EMI through the Bajaj Finserv EMI Store of Bajaj Finserv Direct Ltd. Customers can avail of discounts on a slew of electronic products, home appliances, smartphones, smartwatches, furniture, and much more with minimal down payment. The campaign concludes on the 15th of November 2021. With the “EMI Hai Na” campaign, the brand enables every customer living in different cities to experience benefits for their shopping aspirations,…

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30 Oct

Gold declines Rs 271 & silver falls Rs 687

editor0 CommentsBusinessgold, silver

Gold prices declined by Rs 271 to Rs 46,887 per 10 gram  in the national capital on Friday, reflecting a decline in international precious metal prices. In the previous trade, the precious metal had settled at Rs 47,158 per 10 gram. Silver prices also fell by Rs 687 to Rs 63,210 per kilogram from Rs 63,897 per kilogram from earlier trade. In the international market, gold was trading lower at USD 1,795 per ounce and silver was flat at USD 23.89 per ounce. "Gold prices traded weak with spot gold prices at COMEX trading 0.18 per cent down at USD…

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